Stock Market MF News

  Ever since the Narendra Modi government came, it has been known for shocking decisions. Once again, he has surprised people with jobs. In fact, the Ministry of Labour & Employment at the Center has made some major changes in the rules of salary, which will reduce your take-home salary.   So far there were 29 labor laws in India for employed people. The central government has made changes to reduce their number from 29 to 4. These are the laws - occupational safety law, health and working conditions, industrial relations, and social security law. From April 1, 2021, new laws will come into force and their effect on a salary of May 1, 2021, will also start showing.   Let's first, understand the salary structure   Employers are well-versed with two words, first CTC ie Cost to Company and second take home salary, also known as in-hand salary.   1. CTC: CTC means Cost to Company is the total expenses of the company in terms of your work; it is ...

  Finance Minister Nirmala Sitharaman has announced a waiver in the Union Budget 2021 for the elderly aged above 75 years from filing income tax returns. This announcement sounds good, but if you look at the conditions related to it, it would be better to continue filing returns to the income taxpayer.   Actually, Finance Minister Nirmala Sitharaman had said in the budget speech that we are going to reduce the burden of legal troubles on the elderly aged 75 years or less. The central government will exempt senior citizens who have income only from pension and interest, from filing income tax. The paying banks of these senior citizens or the taxpayer will deduct the tax levied on their income. Experts say the announcement by the Finance Minister does not mean that 75 cross-aged elders earning pension and interest will not have to pay tax. They are exempted only from filing returns and tax will be deducted by their paying bank. That is, they will not need to pay a separate t...

  The country's largest banks, State Bank of India (SBI), Canara Bank, IDFC First Bank and Kotak Mahindra Bank have recently revised the rates of interest on their fixed deposits (FD). Now the investor will get more interest on FD of some duration and less interest on FD of some duration. If you are also planning to make a fixed deposit, here we are telling you which bank is paying how much interest on the fixed deposit.   How much interest is being received on 2-year fixed deposit     Bank Interest Rate (in%) SBI 5.10 Canara Bank 5.40 IDFC First Bank 5.05 Kotak Mahindra Bnak 5.00 HDFC Bank 5.15 ICICI Bank 5.15 Punjab National Bank 5.20 Bank of Baroda 5.10 Bank of India 5.30 Union Bank 5.50     How much...