BUDGET PLANNING FOR A BABY
KKR set to acquire Kerala's Baby Memorial Hospitals, make a comeback in hospital segment KKR & Co plans to acquire a 70% stake in Kerala's Baby Memorial Hospital (BMH) for $300 million, marking its return to the Indian hospital sector. BMH, with 500 beds and expansion plans, is among Kerala’s largest hospitals. This move aligns with KKR...
01 Jul, 2024, 01.08 PM ISTOutlay for export tax remission plans unlikely to change in Budget The government is unlikely to increase the allocation for key tax remission schemes for exporters in the 2024-25 budget, despite demands for more support. In the interim budget, ₹16,575 crore was earmarked for the RoDTEP scheme and ₹9,246 crore for ...
29 Jun, 2024, 12.52 AM ISTIndia gold buyers postpone their purchasing plans, keenly waiting to see if Modi government cuts import duty in Union Budget BUDGET NEWS: Indian gold demand remains subdued due to high prices, with expectations of an import duty cut in the upcoming budget. Meanwhile, Chinese demand also declined. Domestic gold prices hovered near Rs 71,600 per 10 grams, down from a peak o...
28 Jun, 2024, 04.22 PM IST- ADVERTISEMENT
Make in India, the next season India planning a Budget day release India has launched several initiatives to attract investments to the country, presenting itself as an alternative manufacturing destination to companies seeking a China+1 supply chain shift. The IT hardware and mobile phone programmes have seen s...
27 Jun, 2024, 10.58 AM ISTWhy these Chinese working mothers don't want more babies A woman leading a financial team earning more than her husband, another pursuing a dream to become a civil servant, and a budding influencer aiming to be the family breadwinner are all young mothers in China who have one thing in common: they are ra...
26 Jun, 2024, 10.36 AM ISTTake charge of finances: How to make a personal financial bucket list to achieve all your goals Taking control of our money lives is something many of us are unable to do. It sounds simple, but many of us do not believe we can take charge and do something about our dreams. Slipping into excuses, living in denial of our true situation, blaming ...
24 Jun, 2024, 06.30 AM ISTBudget 2024: What is a Populist Budget and why is it controversial? A populist budget is a fiscal plan focused on immediate public appeal through measures like tax cuts and social spending increases. Criticized for prioritizing short-term benefits over long-term economic stability, such budgets can lead to fiscal de...
22 Jun, 2024, 10.28 AM ISTWhy the Government needs a Budget: Understanding the importance and role Union Budget 2024: Any political party that assumes government, whether through majority or coalition, in India shoulders significant responsibilities towards society, politics, and the economy. It is crucial to allocate resources in a manner that f...
21 Jun, 2024, 12.52 PM ISTBudget 2024: Five steps of India's Budget formation explained Budget 2024: The Union Budget, crafted annually by the Department of Economic Affairs within the Ministry of Finance, functions as a comprehensive financial blueprint for the nation. It details projected revenues and expenditures for the forthcoming...
21 Jun, 2024, 12.51 PM ISTBudget 2024: How about a 'Robot Tax' in Budget? Economists pitch the idea for AI-hit jobs Union Budget: Economists discussed the upcoming Budget with Finance Minister Nirmala Sitharaman, focusing on growth, fiscal policy, investment, private sector involvement, food inflation, and debt. Key topics included the impact of AI on employment,...
20 Jun, 2024, 02.04 PM ISTBudget 2024 may give Indian startups' HQ relocation plans a fresh lease of life Indian startups domiciled abroad may relocate their headquarters to India via GIFT City, utilizing its SEZ for tax benefits. Amendments this year enabled unlisted firms to directly list on GIFT IFSC. IFSCA aims to finalize GIFT City listing norms by...
16 Jun, 2024, 04.37 PM ISTBudget 2024: Rs 11.11 lakh crore of capex plan not enough? CII wants more in budget to push growth The Confederation of Indian Industry (CII) is advocating for a 25% increase in India's capital expenditure in the upcoming Budget to drive economic growth and strengthen competition. CII President Sanjiv Puri noted the improvement in private investm...
13 Jun, 2024, 03.47 PM ISTPlan to tweak capital gains tax regime for debt mutual funds The government is considering changes to the capital gains tax regime for debt mutual funds to provide relief for the Bharat Bond Exchange Traded Fund, amid concerns over the current taxation structure.
10 Jun, 2024, 06.55 AM ISTWant to retire at 50? Start early, save regularly to achieve FIRE Financial independence, retire early (FIRE) is a movement focused on extreme savings and aggressive investment that aims to allow people to retire much earlier than is possible through traditional budgets and retirement plans. Detailed planning, bud...
10 Jun, 2024, 06.30 AM ISTModi’s return paves the way for infrastructure ramp up, says Vinit Bolinjkar I believe that with the RBI having given the government more than one lakh additional surplus, I think there is a lot of room for manoeuvre and to announce all these projects.
08 Jun, 2024, 05.34 PM ISTHow a family of four unlocked the secrets of Switzerland: 25+ cities, 11 days, Rs 90,000! A family from India shares their budget-friendly European vacation in Switzerland, highlighting the Swiss Travel Pass as a key to savings and convenience. They utilized free travel for children, museum entry, and discounted excursions, making the pa...
29 May, 2024, 07.43 PM ISTShould you buy a second house with a loan? The key consideration in making this decision is to assess how it will impact their financial plan and goals. Shoaib or his wife might want to pursue alternative career options, take a break, or start their own business. They must ensure that they a...
27 May, 2024, 06.30 AM ISTA taste of Europe trip at half the cost: How to plan Kazakhstan or Georgia or Azerbaijan or Uzbekistan or Kyrgyzstan trip for Rs. 1 lakh A clutch of countries in the south of Caucasus and Central Asia provide a whiff of Europe without snapping your budget. Within sniffing distance of Europe and straddling the Eurasian cusp, these are perfect destinations as they combine unsurpassed n...
13 May, 2024, 02.19 PM ISTInsurers are having a Chillar Party: Maternity insurance sales skyrocket as couples brace for soaring costs Rising childbirth costs in India drive a surge in demand for maternity insurance, growing at 80% annually. PolicyBazaar data reveals 78% of policies are bought by men. Insurers see these policies as customer magnets despite expected claims. Factors ...
11 May, 2024, 03.14 PM ISTHow young parents can plan finances, household budget and save for child's future Planning to save more is a good goal to have. This critically hinges on the expenditure pattern of the household. You may not have a detailed budget and accounting habit to know all the details, but broadly know the mandatory heads of expenses. Add ...
05 Feb, 2024, 06.30 AM IST