BENEFITS
Budget 2024: Will the indexation benefit on debt mutual fund be back?
Budget 2024: Due to inflation and taxes the real returns of debt mutual funds have turned negative in some cases. Earlier the government used to give indexation benefit on LTCG generated from sale of debt mutual funds, however now this benefit is removed. Will the government reconsider its decision for indexation benefit on debt mutual funds?
US weekly jobless claims rise labor market slows
The labor market shows signs of easing as unemployment benefits claims increase. Layoffs rise due to interest rates impacting demand, and challenges in seasonal data adjustments persist. Market anticipates Fed's potential rate cuts. Job cuts decrease in June, but higher than last year. Nonfarm payrolls data may reveal job increase. Job openings ratio remains steady, while Fed deliberates policy changes post-hikes. Continuing claims rise due to policy effects.
Budget 2024 for Farmers: Agriculture industry wants FM to hike PM Kisan installment amount to Rs 8,000 in budget
PM Kisan scheme in Budget 224: Under the PM Kisan scheme, eligible farmers' families across the country earn Rs 6,000 yearly, which is paid in three payments every four months via Direct Benefit Transfer (DBT). Agricultural experts asked the FM to raise the PM-KISAN installment amount in the Union Budget 2024.
Amla: Benefits of this monsoon superfood, items you can prepare and how to consume
Amla, or Indian gooseberry, is a monsoon superfood rich in vitamin C and antioxidants. It boosts immunity, aids digestion, improves skin and hair health, and regulates blood sugar levels. Simple recipes like amla juice, chutney, candy, pickle, and rice can easily incorporate its benefits into your diet. Proper storage ensures its freshness and nutritional value.
EPS withdrawal rules changed; lakhs of EPF subscribes to benefit; check if you stand to benefit
The government has changed the Employees’ Pension Scheme (EPS) of 1995 to enable members with fewer than six months of employment to receive a withdrawal benefit. Additionally, the government amended Table D to ensure that withdrawal benefits are paid fairly; this change would benefit over 23 lakh members.
Warehouse operators take shine to solar power, rework logistics
The move towards renewable energy is not just a response to global environmental concerns but also a strategic business decision for many warehouse operators seeking to reduce operational costs and enhance sustainability.
Retirement benefit: Timely departure of big guns gives space to groom players for 2026 WC
Finding replacements for these three match-winners in the playing eleven is bound to take time. But the transition phase will start as early as next week when a second-string Indian team faces Zimbabwe in five T20Is from July 6. Hardik Pandya, who has been rested from the series, is expected to succeed Rohit as the T20I skipper and will be tracking the progress of the fringe players during his well-deserved break.
Income tax Budget 2024 expectations: 10 ways the finance minister can ease income tax and financial burden of senior citizens
Income tax Budget 2024 expectations: A notable percentage of taxpayers in India are senior citizens since they receive income, frequently through passive means. ET Wealth Online interviewed three specialists to discuss senior citizens' expectations for the forthcoming Union Budget 2024.
For our mutual benefit
BlackRock's resurgence can be attributed to more than just market growth: India's growing ESG (Environmental, Social, and Governance) movement plays a crucial role. As a prominent figure in sustainable and transition investing globally, BlackRock's involvement is anticipated to elevate ESG standards in India, promoting increased transparency and accountability in the market. The explanation lies not in a sudden change in BlackRock's strategy but rather in the significant evolution of the Indian mutual fund industry over recent years.
PM GatiShakti: Eight infra projects worth ₹13,000 crore evaluated
During the meeting, all projects were evaluated for their integrated planning and conformity with the PM GatiShakti principles. Emphasis was placed on the socio-economic benefits, improved connectivity, reduced transit costs and enhanced efficiency. The railways project, from Manmad to Jalgaon, involved an estimated investment of Rs 2,594 crore. The other project (from Bhusawal to Burhanpur) involve investments of Rs 3,285 crore.
US weekly jobless claims drift lower
Initial claims for state unemployment benefits dropped 6,000 to a seasonally adjusted 233,000 for the week ended June 22, the Labor Department said on Thursday. The claims data included last Wednesday's Juneteenth National Independence Day, a new holiday. Claims tend to be volatile around public holidays.
Economic benefits of investing in WASH for corporates
A noteworthy fact in the CSR spends of the past 5 years is the growing emphasis on healthcare, WASH and environment sustainability (JICA Report). This bodes well for achieving India’s net zero goals by 2070.
Coffee lovers with sedentary lifestyle tend to live longer than others: Study
The study, conducted on US adults, suggests that coffee consumption may offer a protective effect against the negative health impacts associated with prolonged sitting. Non-coffee drinkers were found to be nearly 1.6 times more likely to die from all causes compared to coffee drinkers.
Benefits of yog
Yog, or "evenness of mind" and "skill in action," is a profound teaching in the Bhagwad Gita. It is more about our state of mind and way of life than physical postures. Yog is essential for spiritual practices, ethical conduct, and a life of virtue. Regular meditation, a key element of yog, leads to accurate discernment, right judgment, and success.
Income tax saving: Sold land, house or jewellery? Know how indexation benefit can help you lower your long-term capital gains
Capital gains taxation: You can save your net capital gains tax outgo by using indexation benefits allowed by income tax laws. File ITR now and pay a lower amount of capital gains tax. However do note only long term capital gains are eligible for indexation. Short term capital gains are not eligible for indexation.
What are the health benefits of consuming onions? Here is why it is popular too
Recent research has indicated that consuming onions has its own health benefits. The vegetable is rich in many nutrients and ensures overall good health. It is also popular as it can be easily added in many dishes as an ingredient.
What is Cost Inflation Index (CII) for FY 2024-25, FY 2023-24 for income tax purposes?
CII number for FY 2023-24, FY 2024-25: The income tax department notifies cost inflation index number for every financial year. This CII number helps to calculate inflation adjusted cost or inflation indexed cost on specified capital costs. Read on to know the CII number from 2001-02 for different financial years.
What are riders with insurance policies? All you need to know
Riders are essentially additional benefits that one can purchase and add to an existing policy.
Not just employers with benefits! India Inc looks to be more to woo talent
Corporate India is offering new-age benefits, realizing that attracting and retaining talent requires more than just high salaries. Cos offer new-age perks like cash for self-development, health insurance for siblings and pet care to woo talent
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