EPF taxation
March 16, 2016

Amidst all the hullabaloo over the Budget 2016-17 proposal to tax 60 per cent of withdrawals from the Employee Provident Fund (EPF) corpus, other important announcements pertaining to changes in EPF rules have been more or less overlooked. Such was the sound and fury over the taxation proposal that the other changes simply got lost … Continue reading “The Great EPF Taxation Flip-Flop – Where Do We Stand Now?”

Budget 2016 – Impact on Small Savings Schemes
March 11, 2016

The Small Savings Schemes segment witnessed some radical changes in the month of February this year, when the Finance Ministry announced a cut in interest rate in short-term schemes so as to align them with market rates of related government securities (G-Secs). Another notable announcement was the review of interest rates of such schemes every … Continue reading “Budget 2016 – Impact on Small Savings Schemes”

March 1, 2016

The Finance Minister, Mr. Arun Jaitley presented the Union budget for the country yesterday. There were many expectations from different strata of society,ranging from Industrialists to the aam aadmi. Today’s budget was a tad different in a way. It addressed one of the more important and often forgotten aspects of our economy, rural economy and agriculture. … Continue reading “Key Highlights of the Union Budget 2016”

February 26, 2016

The Union Railway Budget 2016-17 was indeed a people’s budget which focused on building and improving travel experience through passenger-friendly initiatives and augmenting railway revenues. Here are the highlights of what the budget entailed for the common man: For All Types of Passengers – Railway minister proposed no hike in the freight and passenger fares … Continue reading “Highlights of the Railway Budget 2016 for the Common Man”