Top headlines: Rich PF investors may opt for debt funds, GST slab merger

Following the backlash it received for the update to its privacy policy in early January, WhatsApp will now let users take a better look at the changes that have been proposed. Read top news here

Wealthy PF investors may opt for debt funds as Budget changes tax rule

Wealthy investors who park their spare money in voluntary provident fund (VPF) accounts may consider moving to debt mutual funds after the Union Budget’s new proposals. Interest on provident fund (PF) was exempt from tax. The Budget proposes that interest on the PF contributions (employee contribution) above Rs 2.5 lakh per annum be taxable with from April 1, 2021. Read more
 

GST Council may take up rationalising tax rates, slab merger in next meet

The next Goods and Services Tax (GST) Council meeting in