Equity Linked Savings Scheme, or ELSS funds, is a better product to create higher wealth on your investments as it provides pure equity exposure

The plan is designed to fill the gap of the pension needs of various categories of people, which has nine different variants in the offing, says Bajaj Allianz Life Insurance

UP Finance Minister Suresh Khanna today presented Rs 5.50 lakh crore budget for the financial year 2022 in the state assembly

 You can save up to Rs 24,000 in taxes if you avail of food coupons, a non-taxable salary component. All you need is knowing your salary structure better and accordingly plan your taxes

Planning last-minute investments to save taxes? Here's what all you can do

While the new definition of wages will increase the social security component of compensation packages, it could also mean lesser take-home salary for employees

Budget Session 2021: Finance Minister Nirmala Sitharaman, while replying to the discussion on Budget 2021 in Rajya Sabha on Friday, February 12, slammed the opposition accusing it of weaving a false narrative that the Centre only worked for cronies

Scheme E under NPS Tier I Account has given an average return of 23 per cent in the last year. It is in line with the rise in Indian stock market. BSE Sensex grew by 24 per cent in the last one year

Replying to a Zero Hour mention, Information and Broadcasting Minister Prakash Javadekar said a lot of suggestions and complaints on the regulation of OTTs have been received

Income-tax slabs unchanged, but small taxpayers will enjoy procedural relief in filing ITR and resolution of disputes; High-income earners may feel the pinch though

While the expectations of the common man of tax relief are not met, the budget outlines measures to rationalise the tax structure and bring out changes in the tax processes

The time-limit for re-opening of assessment is being reduced to 3 years. Originally this was six years. Re-opening of assessment up to ten years will be allowed only if there is evidence of undisclosed income of  Rs 50 lakh (or more) for a year

There is a renewed investment focus across infrastructure sectors including railways, healthcare, water and waste, urban infrastructure, roads and highways, city gas, dedicated freight corridors and infrastructure for hydrogen energy production and fishing, ship recycling hubs

Union Budget 2021 highights: A new centrally sponsored scheme, PM Atma Nirbhar Swasth Bharat Yojana, will be launched with an outlay of about Rs 64,180 crore over six years

Union budget 2021: With this, EPF contribution no longer enjoys the Exempt-Exempt-Exempt (EEE) status, albeit for high income employees

Various reports suggest that the ministry of finance has prepared a draft of the bill called - the National Bank for Financing Infrastructure and Development Bill, 2020

Union Budget 2021: Last year, the government had announced a slew of other measures for salaried class when the coronavirus outbreak began in the country. For instance, the Centre decided to pay 24 per cent to EPF account of employees till August 2020 for establishments with up to 100 employees

Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil

In the previous budget, the defence sector had received a marginal increase of 1.82 per cent in fund allocation.  Last year, the government allocated Rs 4,71,378 crore to the defence sector

At the core of India's bid to revive the economy lies the question whether the country can spend substantially more on infrastructure building to generate demand. For that, can it borrow much more?