Page 197 - Personal Finance
New rules allow early retirement for central government employees under NPS
Employees with at least 20 years of regular service can now opt for voluntary retirement.
 "New rules allow early retirement for central government employees under NPS")
Tax filers earning over Rs 1 cr surge 5X in 10 years; returns double
Salaried individuals account for nearly 52 per cent of those declaring income exceeding Rs 1 crore in the most recent assessment year, according to data released by the tax department
 "Tax filers earning over Rs 1 cr surge 5X in 10 years; returns double")
Shoddy location, poor design: 53% unhappy with affordable housing options
The top three reasons for this disenchantment with the currently available affordable housing supply are bad project location accessibility, questionable construction quality and poor design, and cons
 "Shoddy location, poor design: 53% unhappy with affordable housing options")
No GST on premiums? Life and health insurance tax breaks in the works
The Goods and Services Tax (GST) Council is considering exempting premiums paid for life and health insurance from GST.
 "No GST on premiums? Life and health insurance tax breaks in the works")
How to improve credit score on low income: Points to keep in mind
By understanding the factors that influence your credit score, leveraging available resources, and maintaining financial discipline, you can build a strong credit profile regardless of your income
 "How to improve credit score on low income: Points to keep in mind")
Dubai vs Sharjah and Abu Dhabi: Rent, living costs, pros & cons explained
With rising living costs and a housing crunch, is Dubai still the best option, or should you be thinking about other cities like Abu Dhabi or Sharjah
 "Dubai vs Sharjah and Abu Dhabi: Rent, living costs, pros & cons explained")
Proposal to reshape India's money-changing industry hits a roadblock
Central bank called for industry to have forex correspondents but there has been no progress
 "Proposal to reshape India's money-changing industry hits a roadblock")
Toxic work culture and overwork: Why employee grievance redressal matters
Laws like the Shops and Establishment Act should be emphasised in employee induction programmes. Companies must also provide accessible grievance redress mechanisms
 "Toxic work culture and overwork: Why employee grievance redressal matters")
Festival offers on home loans: Avoid teaser rates that reset after months
Compare offers from various lenders on criteria like interest rates, processing charges, tenure, discounts, repayment flexibility
 "Festival offers on home loans: Avoid teaser rates that reset after months")
Tax dept simplifies compounding offence process with lower penalties
New guidelines will help businesses, individuals in rectifying mistakes in taxation
 "Tax dept simplifies compounding offence process with lower penalties")
100,000 Indian students can join AICTE's green internship programme
Under this initiative, selected interns will engage in transforming educational institutions into green campuses as part of their live projects
 "100,000 Indian students can join AICTE's green internship programme")
Insurance benefits for EPFO members extended up to Rs 7 lakh
Till April 2021, maximum benefits to legal heirs of a deceased employee was capped at Rs 6 lakh
 "Insurance benefits for EPFO members extended up to Rs 7 lakh")
Forget Canada, UK! Skilled Indian workers are in demand in Germany
Germany is grappling with an ageing population. In contrast, India, the world's most populous country, has a large number of young people entering the labour market
 "Forget Canada, UK! Skilled Indian workers are in demand in Germany")
Heart insurance claims double in 5 years; treatment costs surge 53%: Report
The cost of coronary artery bypass grafting (CABG) has risen from Rs 2.1 to Rs 4.2 lakh in 2018-2019 to Rs 3 to Rs 6 lakh in 2023-2024
 "Heart insurance claims double in 5 years; treatment costs surge 53%: Report")
MF trends: Sectoral most in demand, hybrid funds' AUM touches Rs 10 trillion
Despite market volatility, hybrid funds continue to attract investors looking for balanced risk and return profiles.
 "MF trends: Sectoral most in demand, hybrid funds' AUM touches Rs 10 trillion")
Why you must adopt a 60:20:20 strategy across large, mid, small-cap stocks
his strategic approach comes as micro-cap indices emerged as the standout performers in September 2024, gaining 2.4%, slightly ahead of large-cap peers like the Nifty 100
 "Why you must adopt a 60:20:20 strategy across large, mid, small-cap stocks")
IDFC First raises fixed deposit rates, offers up to 8.25% on schemes
Senior citizens are given an added advantage and can earn 0.50% more as interest
 "IDFC First raises fixed deposit rates, offers up to 8.25% on schemes")
60% Canadians don't want immigrants: Will opportunities for Indians dry up?
The concerns of Canadians are centred around housing shortages, economic strains, and dissatisfaction with the government's handling of the situation
 "60% Canadians don't want immigrants: Will opportunities for Indians dry up?")
Most young Indian investors prefer digital gold over traditional: Survey
75% of respondents under the age of 35 prefer digital gold, citing its liquidity and convenience as major factors
 "Most young Indian investors prefer digital gold over traditional: Survey")
Consumer loan trends: Borrowing for smartphones skyrockets to 37% in 2024
Whether it's the latest smartphone or a shiny new washing machine, Indian consumers are keen to upgrade their lives!
 "Consumer loan trends: Borrowing for smartphones skyrockets to 37% in 2024")