This new feature solves the hassle of browsing multiple mutual fund websites to collate statements and then calculate net gains or losses on the investments each financial year.
To avoid a controversial debate, the draft law proposes that laws to be notified by states won’t have any retrospective effect.
FinMin plans to review the entire framework to make the compensation tool attractive for employees.
The government is planning to raise up to Rs 10,000 crore from the sixth tranche of CPSE ETF.
The deposits in the account of the beneficiaries, which has been steadily rising, was Rs 99,649.84 crore on June 6 and Rs 99,232.71 crore in the wee
MCLR for overnight and one-month loan tenor has been reduced by 10 bps to 8.20 per cent and 8.25 per cent, respectively.
Soon, there will be longer queues at tolls as the government looks to promote FASTags and prune cash transactions.
The new rates, effective Wednesday, is the third reduction by SBI in this financial year having cut the rates by 5 bps each in April and May.
But now, all gifts to NRIs will be income accruing in India and would be taxed as per the normal slab rates applicable to resident Indians
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