Page 49 - Personal Finance

Kerala govt allocates Rs 900 cr for social security pension installment

The Kerala government on Sunday announced that the distribution of an installment of the social security pension would begin in the state on July 24. State Finance Minister K N Balagopal said the deserved beneficiaries would get Rs 1,600 each. The Finance department has allocated Rs 900 crore for the same, he said in a statement here. Those who have given the bank account number would receive their pension via bank and others would receive the amount through cooperative societies, it said. It was announced in this year's state budget that steps would be taken for the monthly distribution of the pension, the finance minister said. As per the budget assurance, pension has been distributed on a monthly basis without any fail since March this year, Balagopal added. The Left government in the state recently faced intense criticism from various quarters, including from opposition parties over the inordinate delay of pension arrears.

Missed deadline, wrong information: Errors to avoid in filing tax returns

Report all sources of income, including dividend and interest earnings

ITR filing: Who is responsible for paying taxes on minor's earnings?

A minor can have a PAN card and his parents or guardian can apply for the same

Canada invites 6,300 skilled workers for permanent residency: Details here

This initiative by Immigration, Refugees, and Citizenship Canada (IRCC) is a golden opportunity for skilled workers with Canadian work experience

Budget 2024 wishlist: Amfi's hopes for mutual fund reforms and tax benefits

Budget 2024: One of Amfi's main requests is to align the tax benefits for pension-focused mutual fund schemes with those of NPS

Tax returns filing: How differently abled people can claim benefits

Section 80U of the Income Tax Act provides significant benefits to differently abled people

Senior Citizen FDs in July: Banks offering 8-9% interest rates for 3-5 yrs

Senior Citizen Fixed Deposits provide a safe investment option with guaranteed returns over a fixed period of time

Beware! Incorrect FASTag placement doubles costs, risks car blacklisting

CCTV footage capturing the VRN at toll plazas will be recorded to ensure proper documentation of the fee charged and the vehicle's presence in the toll lane

Error-free tax return, luxury concierge firms: Top personal finance stories

This week we report about common mistakes people make in their tax filing and how India's richest use personalised concierge services

Greentech demand, supply constraints likely to fuel silver's bull run

Around 60% of the total demand for silver comes from industry. Industrial demand has increased considerably in recent years

FD rates in July 2024: These 11 banks offer 8 to 9% interest rates

Some banks offer interest rates of 8% or more, making them an appealing option for risk-averse investors

Filing income tax returns 2024 for the deceased: A step-by-step guide

ITR 2024: Even after someone passes away, their income tax return must be completed as if they were alive

Studying in Canada guarantees PR: Why this notion needs to be dispelled

If you are planning to study in Canada, be aware that not all courses will lead to permanent residency

Seek mid, smallcap exposure but fear volatility? Try multicap funds

According to the latest data from the Association of Mutual Funds in India (Amfi), multi-cap funds received net inflows of Rs 4,708 crore in June 2024, the highest among diversified equity schemes

Olympic Games 2024: 60% surge in visa applications for Paris from India

Paris' iconic landmarks and Olympic venues are expected to draw millions

Live, work, study in UK: Know about India Young Professionals Scheme visa

The British High Commission in India has opened the second ballot of the 2024 India Young Professionals Scheme, targeting Indian citizens aged 18-30

ITR 2024: Taxpayers struggle with glitches on I-T portal as July 31 nears

ITR 2024: If you wait until the last minute to file your taxes, you might run into technical problems on the income tax e-filing portal

Muharram 2024 holiday: Banks, stock market, schools shut today; know more

Muharram is a public holiday in India, leading to the closure of banks, schools, and government offices

Yes, you can save too much for retirement: Here's what you must know

While everyone feels as though they haven't saved enough, 77% of retirees say they are "living comfortably"

Altered financial situation? Switch between new and old tax regime

Singhal informs that the tax rates are lower up to a certain income limit under the new tax regime