The Economic Times
English EditionEnglish Editionहिन्दी
| 29 October, 2020, 05:02 AM IST | E-Paper

    Personal Finance News

    Wealth management during crisis

    Govt plans to bring voluntary pension scheme for small traders, unorganised workers under EPFO

    “We are looking at bringing the Pradhan Mantri Shram Yogi Maandhan for unorganised workers and the National Pension Scheme for traders and self-employed persons under the administrative control of EPFO,” an official aware of the deliberations told ET.

    Govt amends ESIC contribution norms, increases maternity benefit entitlement to members

    “In the Employees’ State Insurance (Central) Rules, 1950, rule 51B shall be omitted,” it said in a gazette notification. Rule 51 B of the ESIC Rules provides for employers’ contribution at the rate of 3% of the wages of the employee and employees’ contribution at 1% for initial two years in areas where the Act is implemented for the first time.

    Jan Dhan accounts rise 60% amid pandemic, help stifle crime: SBI Research

    Citing empirical research, the report said PMJDY accounts work as a primary vehicle for labour remittances, apart from increased lending, smoothing consumption, increased spending on healthcare and, most importantly, the usage is more frequent in areas that are more crime prone.

    Loans against FDs, bonds, shares out of Nirmala Sitharaman's relief plan

    For payment to credit card holders, the relief will be calculated using the interest rate charged by the bank for converting outstandings into EMIs and not the rate charged to those who revolve their balances.

    Why are mutual funds failing to beat market

    Why are mutual funds failing to beat market

    When you have valuation divergences, you will have to take the pain if you have a specific investment style, says S Naren.

    Govt extends last date for availing direct tax dispute resolution scheme till December 31

    Further, where arrears relate to disputed interest or penalty only, then 25% of the amount is to be paid by March 31, 2021 and 30% after April 1, 2021.

    Indians start buying physical gold before Diwali despite high prices

    Jewellers said that Dussehra demand has perked them up and they are expecting a much better Diwali. They said the pent up demand is already showing and even the fear of the virus has dissipated as the recovery rate goes up.

    Personal finance means freedom & security, but most millennial women feel their husbands know more

    Fewer millennials than boomer women thought financial participation was necessary for equality.

    Lenders to credit 'interest on interest' to borrowers account by November 5, Centre tells SC

    "Under the scheme, all lending institutions (as defined under clause 3 of the scheme) shall credit the difference between compound interest and simple interest in the respective accounts of eligible borrowers for the period between March 1, 2020 to August 31, 2020," the govt said.

    RBI asks lending institutions to implement waiver of interest on interest scheme

    RBI asks lending institutions to implement waiver of interest on interest scheme

    The scheme mandates ex-gratia payment to certain categories of borrowers by way of crediting the difference between simple interest and compound int

    Page 1 of 10
    1 | 2 | 3 | 4 | 5 | 6 | 7 |
    The Economic Times