CBDT extends validity of lower withholding tax orders till June 30
CBDT said that assessees holding valid certificates for FY20 would get the benefit of extension, which otherwise would expire on March 31.
Your money: Term insurance is not just for death benefits but also for disability
The fundamental benefit of term insurance is the monetary benefit the dependents receive on the death of the insured.
Your Queries: Loans – banks will charge interest for 3-month moratorium period
The moratorium means in case of cash crunch in these extraordinary times, you may not pay the EMIs but the bank/FI will not classify your loan as a non-performing asset (NPA).
Covid-19: RBI relief on loan repayment: Should you avail of the 3-month moratorium?
Borrowers who opt for the moratorium on repayments will have to pay an additional interest charged on simple interest basis. Thus, those who have the capacity to repay should continue to make the payments regularly
Life insurance: Calculating net return on your premiums
Actual return you get is not the ARR of 8% or 4% shown in the benefit illustration but net of various charges such as fund management, premium allocation, admin and mortality
Your Money: How asset allocation can help reduce risks
The objective of a good asset allocation plan is to develop an investment portfolio that helps you reach your financial goals with the degree of risk you find comfortable
Coronavirus relief package: Govt to pay employer, employee’s PF contribution for 3 months
The regulations under the EPF will be amended to include “pandemic” as a reason to allow non-refundable advance of 75% of the accumulated amount or three months of the wages, whichever is lower, from their accounts.
Your Money: Covid-19: Why health insurance is critical now
Group health insurance plus personal health insurance: Higher the number of family members, higher the insurance cover.
Health insurance: Irdai for redefining sub-limit rules in policies
Draft exposure aims to restrict proportionate deduction which would lead to, in most cases, the insured being able to get a higher percentage of the bill reimbursed by insurer
Your Queries: Income Tax -You can offset long term capital loss on share sale against any LTCG
Once tax liability is calculated, you may claim a deduction of TDS/ taxes paid on such rental income, to arrive at net tax demand due.
Your Queries: Mutual Funds -Balanced funds, hybrid funds can switch between equity & debt
Gold ETFs investors can exit only by selling to secondary market participants on the stock exchange.
Fixed Income: Want safety of capital? Check out liquid funds
You may park a portion of your funds in a high-rated liquid fund while you wait for the current volatility in the markets to play out
Your Money: Three tips to manage funds in the time of Covid-19
This is a real test for us as investors. Some of us are getting jittery because we are watching our overall returns deteriorating and some of us are thinking it is an opportunity to add more to our existing portfolio.
Health Insurance: Know how a medical insurance claim is processed
Treatment expenses can be reimbursed by insurer or customer can opt for cashless facility
Smart Investing: Asset allocation in times of coronavirus
Stick to asset allocation matrix, take regular profits and go for bottom fishing in select stocks/ MF schemes in these turbulent times
Tax Talk: Know the benefits of creating HUF
HUF is taxable as separate person; hence one can save tax under basic exemption of Rs 2.5 lakh
Embedded Value: Covid-19 not covered by accident insurance
Life insurance claims to the extent of basic sum assured if policyholder dies due to infection by the corona virus is admissible.
COVID-19 impact on equity investments: Continue SIP and diversify your portfolio
Retail investors should stay away from small and mid-cap stocks until the volatility settles. Instead, they should look at value investing.
Our Money- Life’s backup plan: Buying life insurance policy
We are all creatures of habit and it is good to see how diligently people take backups of their work, pictures and contacts on phones among other things.
Your Queries: LTCG tax on sale of shares depends on holding period
Assuming that the shares are in the nature of ESOPs, they shall be taxed at two stages, once as perquisites in the hands of employees upon allotment and subsequently as capital gains upon sale of the shares.
Your Money: Eight guiding principles when buying a health plan
Understanding your health coverage, getting familiar with the services covered and how much you will have to pay in case of an unfortunate eventuality is important.
Your Queries: Equities tend to deliver positive inflation adjusted returns in long run
Investment gains (in absolute terms) depend on the principal corpus invested and the returns delivered by the fund. Returns are a function of the performance of the asset class invested in.
6 Email Marketing Tips To Stand Out In The Inbox
Bring some 'oomph' to your audience with these simple content hacks
Gmail Redesign: 5 Things Marketers Need To Know
Google's Gmail update went live this week. Here's what marketers need to know
Storytelling is Key, in Email and Everywhere Else
Insights from Emma and their customers on storytelling across marketing channels, from the Marketing United summit
Accenture says Unacademy hack has no impact on its data
Cyber security firm Cyble has revealed that the database of education technology firm Unacademy has been breached and details of various account holders, including those registered with corporate e-mail accounts, are on sale in the dark web.
Covid crisis: CII bats for immediate stimulus package of Rs 15 lakh crore
A substantive stimulus is required from the government in the form of support to the poor and to the industry, especially MSMEs, it said.
GAIL says DoT’s Rs 1.83 lakh crore demand notice not material event
The DoT sent a notice to GAIL soon after the February 14 hearing in the Supreme Court on dues owned by telecom companies such as Bharti Airtel and Vodafone Idea.
Xiaomi Mi Box 4K: What is it, what does it do and how does it compare with Amazon Fire TV Stick 4K
The Mi Box 4K, like every other Xiaomi product out there, also punches way above its weight when it comes to feature set and pricing.
Khadi and Village Industries’ turnover touches record Rs 88,887 cr in FY-20
"Looking at the performance in the last one year, the turnover of Khadi registered a growth of 31 per cent from Rs 3215.13 crore in 2018-19, to Rs 4211.26 crore in 2019-20.
CIL turns down power producers’ request to extend timelines of coal auction for supply contracts
The Association of Power Producers (APP) had requested Coal India Ltd (CIL) to extend the timelines for the auction as well as reassess the eligibility for participation in the third round of auction under the SHAKTI B (ii) scheme.
Air India unions challenge in Bombay HC pay cut due to coronavirus pandemic
The plea pointed out that on the same day the Union government issued an advisory asking all private and public firms not to reduce salaries or sack employees due to the pandemic.
Force Majeure: Coronavirus pandemic is crucial time for businesses to review contracts
Force majeure in contracts typically allow parties to avoid performing their contractual obligations when inevitable, unforeseen, and uncontrollable circumstances arise, rendering the performance of the contract impossible.
Maharashtra mulls home delivery of liquor amid fear of coronavirus
Days after the government eased restrictions on the sale of alcohol, Maharashtra government is mulling on allowing home delivery of alcohol to avoid people from gathering.
Dharmendra Pradhan hints at new gas policy, says low oil prices no answer
Pradhan did not elaborate on the policy reforms planned. The BJP-led government had in October 2014 evolved a new pricing formula using rates prevalent in gas surplus nations like the US, Canada and Russia to determine the price in a net importing country. Prices using this formula are calculated semi-annually.
OnePlus announces OnePlus Bullets Wireless Z India availability details, gets Flipkart on-board for sales
OnePlus Bullets Wireless Z price in India is Rs 1,999 and the product will be available in three options, black, blue and oat.
Xiaomi’s Mi True Wireless Earphones 2 look like Apple AirPods but cost way less; details inside
Launched alongside the Mi 10 flagship phone and Mi Box 4K, on Friday, the Mi True Wireless Earphones 2 look a lot like the Apple AirPods but they cost way less.
These 5 southern states consume half of India’s liquor; now, lockdown has dried up revenue
Five of India’s southern states which amount to about half of the country’s total liquor consumption are facing a revenue hit due to coronavirus lockdown.
Xiaomi Mi Box 4K launched in India to take on Amazon Fire TV Stick; here are all details
Xiaomi says the Mi Box 4K has been designed to turn any regular feature TV into a smart TV, sort of like the Amazon Fire TV Stick 4K.
Mi 10 5G with Qualcomm Snapdragon 865, 108MP camera is Xiaomi’s answer to OnePlus 8 Pro
The Mi 10 5G is Xiaomi’s answer to the OnePlus 8 Pro, Samsung Galaxy S20+, Realme X50 Pro 5G, and every other high-end flagship that you can think of.
Air India pilots plead govt to give money to pay 3 months’ pending salaries
"The management has completely given up saying there is no money and has no plans on when and how they can pay our wages without Government support," the Indian Pilots Guild (IPG) and Indian Commercial Pilots Association (ICPA) said on Thursday in a joint communication to Puri.
IndiGo announces salary cuts for top management from May amid coronavirus lockdown
Budget carrier IndiGo has said that it will have to cut salaries of senior management from May as coronavirus lockdown continues its onslaught on the aviation industry. IndiGo paid full salaries in March and April but now we have to implement pay cuts for senior employees from May, Ronjoy Dutta, CEO, IndiGo, said on Friday, […]
Xiaomi Mi 10, Mi True Wireless Earphones 2, Mi Box India launch today; here’s how you can watch online, everything to know
Xiaomi Mi 10, Mi True Wireless Earphones 2, and Mi Box will be launched in India today via an online-only keynote event.
Cognizant Q1 net falls 16.7% to $367 million; sees challenging demand environment in 2020 amid coronavirus pandemic
Cognizant follows January-December as financial year. Its net profit was at USD 441 million in the March 2019 quarter.
More money for Mukesh Ambani’s Reliance Jio; now, Rs 11,000 cr from US firm after Facebook, Silver Lake
RIL announced that Vista Equity Partners will investment Rs 11,367 crore in Jio Platforms, days after a mega stake sale deal with Facebook and another stake sale to Silver Lake Partners.
Reliance JioPhone user? Soon get Aarogya Setu app on your fingertips
India, which has imposed the world’s biggest shutdown to battle the spread of the coronavirus, last month launched the Aarogya Setu (Health Bridge) app — a Bluetooth and GPS-based application which alerts users who may have come in contact with people who later test positive for COVID-19.
States suspend/relax labour laws to help industry emerge from crisis
The laws that will remain in force in UP during the three year period include those which provide basic facilities and security to the labourers.
ANRPC trims natural rubber estimates, sights green shoots in glove demand
In April, the NR consumption forecast for 2020 to 13.016 million tonne which is down 5.1% from the previous year.
Tirupur garment cluster adopts steady approach, sees no labour shortage
The units situated within the corporate limits have been allowed to have 25-30% workforce capacity initially and the units situated outside the corporation will have 50% workforce capacity.