SSA TAX BENEFITS
Latest Sukanya Samriddhi Yojana interest rate: What is the SSY interest rate for July- September 2024 quarter?
Latest Sukanya Samriddhi Yojana interest rate: The SSY is a government-backed small deposit savings scheme to benefit a girl child.
Latest Sukanya Samriddhi Yojana interest rate: What is the SSY interest rate for April-June 2024 quarter?
Note that only one SSY account can be opened in the name of the girl child either by natural or legal guardian. Interest rate on Sukanya Samridhi Yojana (SSY) is revised every quarter by the government.
PPF, Mahila Samman Savings Scheme, SSY: Minimum balance requirement of 10 small savings schemes
As small savings scheme differ in terms of features, tenure, and tax advantages, so do the minimum investments required for these schemes. Here is a look at the minimum balance required to invest and maintain the scheme.
Law in limbo: Why India’s new labour codes are stuck
The new labour codes were announced years ago but they have not been implemented due to various reasons. Will the roadblocks be removed or stall the entire process?
How to transfer funds from bank account without adding beneficiary to PPF, Sukanya Samriddhi Yojana, PO savings account
The Public Provident Fund and Sukanya Samriddhi are two prominent small savings schemes that must be maintained by making yearly minimum contributions. Here is the procedure for transferring funds from a bank account to a PO Savings Account, a PPF account, or an SSA.
Post Office Savings Account: 8 must-know charges
The Post Office Savings Account (SB) is similar to any savings account offered by a retail bank. Under POSA there are charges associated. Here is a list of 8 services and the associated charges
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Inflation up by 46% since 2014, section 80C limit hiked by 0%: How much should Budget 2023 increase it?
Section 80C in the current form took shape during the budget of 2005. But the initial limit was only Rs 1 lakh and it clubbed together many previous rebates. This limit was raised to Rs 1.5 lakh per financial year by Arun Jaitley in 2014 during his tenure as the finance minister. Since then, there has been no hike in the 80C limit. This year, it will be 9 years from the previous increase, in 2014.
Latest Sukanya Samriddhi Yojana interest rate for quarter ending June 30, 2022
The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme for girls. At present, SSY offers the highest tax-free return with sovereign guarantee and comes with an EEE status.
How to open Sukanya Samriddhi Yojana account with HDFC Bank
A Sukanya Samriddhi Account can be opened any time after the birth of a girl till she turns 10, with a minimum deposit of Rs 250.
Political, public outburst over Centre's move to slash PPF, NSS interest rates
Angry protests were seen across social media and parties on Saturday, with many saying the move will create a big dent on small savings.
Tata manufactures Jaguar in Nano plant: Shankersinh Vaghela
Shankersinh Vaghela, leader of opposition in Gujarat, created quite a flutter when he claimed that Tata Motors has stopped making Nano in Sanand.
Budget 2013: Highlights
FM P Chidambaram unveiled a bigger-than-expected outlay for the coming fiscal year in one of the most highly anticipated budgets of recent years.
Expats from select countries can withdraw PF before they turn 58
The ministry of labour and employment has issued a notification last month allowing PF refund for expatriates coming from countries that have SSA with India.
How does Kohinoor hospital manage to stay green
If hospitals in India ever need a compelling reason to go green, they would find several in the example of Kohinoor Hospital in Mumbai.
Green buildings gain momentum in India
An R&D centre gives back more power than it takes; a residential complex and a hospital have cut power and water consumption by 40-60 per cent. Green buildings are gaining momentum and could account for 20 per cent of all construction by 2030.
Budget 2012 India: Highlights of Pranab Mukherjee's speech
The Union Budget 2012-13 speech made by the Finance Minister Pranab Mukherjee saw a number of changes being announced across the sectors of the economy.
How Indian employees can benefit from Netherlands' income tax & immigration incentive schemes
There are approximately 20,000 Indians in the Netherlands and Indian companies would do well to make full use of these schemes.
Budget 2012: Airline industry should be declared as 'Core Infrastructure', says FICCI
Airline industry be declared as "Core Infrastructure" and all incentives available to such infrastructure be also made available mutatis-mutandi to the airline industry as well.
Can a foreigner working in India withdraw Provident Fund?
Reserve Bank of India has recently permitted the foreign nationals to maintain the bank accounts in India to collect their pending dues in India.
India to raise SSA with US; says its professionals pay $1b
India will press with the US during Obama's visit here next week for a social security pact aimed at providing relief from double taxation to over one lakh Indians working there.
Efforts on to reduce tax burden for IT companies in US
India will renew efforts to push for exemption of social security tax paid by top tech firms including TCS, Infosys and Wipro in the US.
Social security agreements: Utilise benefits to lower costs
Indian companies sending employees to work abroad typically have to contribute into the host country’s social security systems, thereby reducing their take home salary.
Germany to get less taxing for Indians
The some-pain-no-gain era of double payments by Indian workers on temporary assignments abroad will no longer happen in Germany at least.
Separate EPF kitty for expats in the pipeline
Expats from US, Netherlands and Sweden, with which India has not signed a social service agreement, could opt out of EPF. Cashing in on your money
Focus on rural jobs, SHGs to sustain growth
Speaking from a national perspective, we have been emphasising that only employment-oriented growth, not simply increasing GDP, is the way to ensure the growth process is socially more sustainable.
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