Personal Finance - Angel One - Page 148

Gold prices have been on a remarkable surge since the beginning of 2025, climbing over 11.35% so far. Despite a recent dip on March 5, the precious metal remains close to its all-time high of ₹86,105 per 10 grams. With gold remaining a preferred safe-haven asset, investors today have multiple options beyond just physical gold. …

Under the leadership of Prime Minister Narendra Modi, the Central Government has launched several welfare schemes aimed at uplifting the poor and underprivileged sections of society. One such scheme is the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), which was introduced five years ago. It has served as a crucial lifeline for Antyoday families, particularly …

The Indian government has introduced several changes in the TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) rules in Budget 2025. These changes, effective from April 1, aim to simplify tax compliance, reduce unnecessary deductions, and improve cash flow for individuals and businesses. Here’s a look at the key updates: Higher TDS …

The Central government, in January, announced its decision to form the much-awaited 8th Pay Commission, which is expected to submit its recommendations early next year. As part of the next steps, the government is likely to announce the name of the chairman and two members of the commission next month. With the process of forming …

A pension plan provides a structured method for individuals to accumulate wealth over time for their post-retirement years. These plans require regular contributions, which are invested in market-linked instruments, allowing the corpus to grow through compounding. At maturity, investors can withdraw a portion tax-free, while the remainder must be used to purchase an annuity for …

With the anticipation of the 8th Pay Commission, employees across various government sectors are eager to understand the potential benefits it may bring. The Pay Commission in India plays a crucial role in revising the salary structures, pensions, and allowances of government employees. Let’s take a look at what all benefits were included in the …

The Employees’ Provident Fund Organization (EPFO) has introduced key updates to the Employees’ Deposit Linked Insurance (EDLI) scheme. These changes were approved during the 237th meeting of the Central Board of Trustees (CBT), led by Union Labor Minister Mansukh Mandaviya. Additionally, CBT has recommended an 8.25% annual interest rate for EPF subscribers. Key Changes in …

Credit card spending in India sees 14 pc growth at Rs 1.84 lakh cr in Jan Mumbai, March 4 (IANS) Total credit card spending in India reached Rs 1,84,100 crore (Rs 1,841 billion) in the month of January, marking a strong 14 per cent growth (year-on-year), a report showed on Tuesday. The total credit card …

Bhubaneswar (Odisha) [India], March 4 (ANI): Odisha Deputy Chief Minister and Minister of Women and Child Development Pravati Parida asserted that more than 98 lakh women received benefits from the Subhadra Scheme, and further assistance will be given on March 6 and International Women’s Day on March 8. Pravati Parida said, “We gave benefits of …

The announcement of the 8th Pay Commission has brought excitement among central government employees, who are eagerly awaiting its implementation. The proposed effective date is January 1, 2026, marking the beginning of the last quarter of the 2025-26 financial year. This financial year’s budget was presented by the Finance Minister on February 1, 2025. However, …