NPS ACCOUNT

Unlike in the West, where government-backed social security provides a safety net, Indians know they must rely on their own savings for the future. This fundamental mindset won’t change easily, HDFC Life’s Vibha Padalkar tells Yasmin Hussain.

There are phases when mid-cap stocks come under pressure and are among the worst performers. We have seen one such phase in the past few months. Yet, if you take the last 10 years into account, they have provided the best returns, with mid-cap indic...

The National Pension System (NPS) is crafted to provide retirees with a steady financial foundation. It combines market-linked returns with appealing tax benefits under Section 80CCD. With two account types and a streamlined online platform, NPS sim...

With the Sensex down over 12,700 points from its peak, experts recommend long-term investors to focus on large caps or multi-cap funds and maintain a disciplined approach through SIP or STP. Investment in equity-based mutual funds should have a mini...

Coal India share price: The cumulative coal dispatch during the April-February period rose to 929.41 MT, registering a growth of 5.5% from 880.92 MT produced in the corresponding period of previous year, the ministry said.

Coal India Ltd has waived the requirement for non-power sector consumers to pay financial coverage for ten days' worth of coal supplied via rail transport. This initiative reduces transactional complexities and financial burden, improving cash liqui...

Key financial tasks must be completed before March 31, 2025, to optimize tax savings, invest in special FDs, and activate UAN for EPF-linked insurance. Special FD schemes from banks like SBI and Indian Bank offer higher interest rates, and these opp...

Gratuity calculation in CTC: Gratuity is paid when an employee leaves the organisation after completing a minimum service period of five years. When an employee joins a new company, the gratuity is added to the CTC. However, not many are aware how t...

The 112th meeting of the executive committee (EC) of the central board of trustees, EPF under labour and employment secretary Sumita Dawra on Tuesday formally adopted the unified pension scheme (UPS) for EPFO employees. The UPS is expected to ensure...

Salary structure to pay zero tax: If your taxable income is more than Rs 12 lakh, there are ways that you can still pay zero tax. This can be done by rejigging your salary structure and using reimbursements that are allowed under the new tax regime....

Pension related frauds: Pension Fund Regulatory and Development Authority (PFRDA) through a public notice has cautioned the general public about various types of frauds ongoing in their name like complete withdrawal, higher returns, etc. "Unscrupulo...

New income tax bill: The new Income Tax Bill will replace the current Income Tax Act, once it becomes effective from April 1, 2026. However, many taxpayers are worried that the new tax bill has made any changes in the income tax slabs under old and ...

ONDC, two years in, faces mixed reactions: some praise its potential to democratise ecommerce, while others cite slow growth, low orders, and challenges in scaling, particularly outside food and beverage categories, despite government backing and mi...

The Income Tax Department has introduced an online calculator for taxpayers to compare their potential savings under the newly default New Tax Regime, effective April 2025. The initiative aims to facilitate informed financial decisions with a user-f...

FMA is a monthly allowance given to retired central government pensioners to cover their outpatient medical expenses if they live in areas not covered by the Central Government Health Scheme

Though these deductions find no place in the new tax regime, here’s why some investments still deserve a place in your portfolio.

Budget 2025 has brought about changes to Ulips, tax on NPS Vatsalaya and for filing of updated income tax returns. Read our story to know how these changes will affect taxpayers.

The Pension Fund Regulatory and Development Authority (PFRDA) has announced the latest charges for opening National Pension Account (NPS) online and offline. Note that the charges for services under the NPS-Vatsalya account align with those of the N...