Category: Finance

Yes Bank AT-1 bonds case: ET explainer: Yes Bank and the AT-1 bonds saga, what next for investors?
Posted in Finance

Yes Bank AT-1 bonds case: ET explainer: Yes Bank and the AT-1 bonds saga, what next for investors?

In what came as a positive development for retail investors, the Bombay High Court last week invalidated the write-off of additional Tier-1 (AT1) bonds issued…

Continue Reading
Inside Image (1).
Posted in Finance

Exemption-less income tax regime under review, could see changes this Budget

Less than half a million taxpayers have opted for the new exemption-less income tax regime since its rollout, prompting a review to see if measures…

Continue Reading
10 new mutual fund offers or NFOs currently open. Should you invest?
Posted in Finance

10 new mutual fund offers or NFOs currently open. Should you invest?

Mutual fund houses have been busy launching new schemes lately. The buzz has caught the attention of many investors, too. At least 10 new fund…

Continue Reading
Union Budget 2023: Budget 2023 needs to do this to make ESOPs more attractive for employees
Posted in Finance

Union Budget 2023: Budget 2023 needs to do this to make ESOPs more attractive for employees

Over the last few years, Employees Stock Options or ESOPs are being used as a powerful compensation tool by companies, particularly start-ups, to achieve multiple…

Continue Reading
Finance Ministry exhorts banks to achieve targets of social security schemes for FY'23
Posted in Finance

Finance Ministry exhorts banks to achieve targets of social security schemes for FY’23

The Finance Ministry on Thursday asked banks to achieve targets given under the flagship financial inclusion and social security schemes for the current financial year….

Continue Reading
Union Budget 2023: Are you richer or poorer? Here's the bottomline
Posted in Finance

eRupee can’t be turned into cash directly, for now

(This story originally appeared in on Jan 19, 2023) Mumbai: Currency notes cannot be directly exchanged for central bank digital currency (CBDC), or the eRupee….

Continue Reading
Inside Image (1).
Posted in Finance

EPF e-passbook facility working again on EPFO portal

After being down for more than a week, members of the Employees’ Provident Fund Organisation (EPFO) can now access their online EPF passbook. The e-passbook…

Continue Reading
union budget 2023: Budget 2023: Indian shadow lenders call for rescue route from cumbersome compliance maze
Posted in Finance

union budget 2023: Budget 2023: Indian shadow lenders call for rescue route from cumbersome compliance maze

Non-Banking Financial Companies in India are finding it difficult to adhere to the compliance obligations set by the Reserve Bank of India (RBI). The forthcoming…

Continue Reading
Insurance Sector Budget Expectations: Budget 2023: Income tax sops for health, life insurance policyholders; GST cut, what insurance industry wants
Posted in Finance

Insurance Sector Budget Expectations: Budget 2023: Income tax sops for health, life insurance policyholders; GST cut, what insurance industry wants

Finance Minister Nirmala Sitharaman will present Union Budget 2023 on February 1, 2023. Insurance related expenses form a good part of individual taxpayer’s household budget….

Continue Reading
NPS Deduction Budget 2023: Will Budget 2023 hike NPS deduction to 14% for private sector employees?
Posted in Finance

NPS Deduction Budget 2023: Will Budget 2023 hike NPS deduction to 14% for private sector employees?

The National Pension System (NPS) is a voluntary retirement savings scheme initiated by the Government in the year 2004 and it is regulated by the…

Continue Reading