Citizens Financial News

05.01 / 17:07

Twitter Citizens President social Courts Videos week NOT NOT REAL NEWS: A look at what didn't happen this week

Social media users shared a range of false claims this week

05.01 / 16:53

UPS Cooper Citizens President reports Courts Investigations Dhanabir Maibam, the editor of Hueiyen Lanpao was detained by Imphal police on Friday

Hueiyen Lanpao, a vernacular daily in Manipur, was detained by Imphal police on Friday. The reason behind his detention remains unknown so far. Police sources said that the detention is likely due to the news publication by the media house pertaining to the ongoing situation in Manipur. Recently a court in Imphal granted bail to senior editor Wangkhemcha Shamjai, who was arrested for publishing an alleged incendiary report recently in his paper, Kangleipakki Meira, a vernacular evening daily. Imphal police had arrested Shamjai, former president of the All Manipur Working Journalists’ Union (AMWJU), an umbrella body of the scribes of the state.

05.01 / 12:42

UPS Citizens Progressive Extreme economy Interviews week Narayan Murthy defends 70-hr-a-week work policy, says employees should emulate ‘less fortunate who work extremely hard’

Narayan Murthy refuses to back down from his contentious views regarding work-life balance. The Infosys co-founder, who created an uproar last year for suggesting that the millennial and Gen Z employees should work for at least 70 hours a week so that the Indian economy could progress, doubled down on his views in a recent interview with CNBC-TV18. Referring to his controversial statement, the billionaire pointed out that if farmers and factory workers could dedicate themselves to work, so can employees hailing from the middle class. He also claimed that hard work is ingrained in the Indian culture, since many people take up jobs that are physically demanding.

05.01 / 08:22

UPS Provident FIVE Citizens Election 2024 budget 2024 Budget 2024: Six income tax rule changes that Finance Minister Nirmala Sitharaman announced last year

Lok Sabha Election 2024 is due in April-May this year. From new tax regime to changes in rebates, let's take a quick look at six top income tax announcements made by Finance Minister Nirmala Sitharaman while presenting the Union Budget 2023 The rebate limit in the new tax regime has been increased to ₹7 lakh, meaning that persons in the new tax regime with income up to ₹7 lakh will not have to pay any tax.

05.01 / 08:21

markets Provident Citizens CEO security wellness Experts PPF, NSC, SCSS Rates Remain Unchanged: Where to invest now for higher returns?

Contrary to expectations, the rates of interest on small savings schemes, including that of Public Provident Fund (PPF), National Savings Certificate (NSC) and Senior Citizen Savings Scheme (SCSS), for the fourth quarter of financial year 2023-24 were left unchanged by the government recently, and only the rates on 3-Year Time Deposit and Sukanya Samriddhi Account Scheme have been marginally increased from 7.0% and 8.0% to 7.1% and 8.2%, respectively.

05.01 / 07:26

Citizens Extreme performer country Podcasts week Support Narayana Murthy's '70-hour work week' backlash meets surprising support from 'Western friends and NRIs'

CNBC-TV18, Infosys founder N.R. Narayana Murthy reaffirmed his advocacy for a 70-hour work week, defending his stance amidst considerable public debate.

05.01 / 04:35

markets UPS Provident Citizens security performer information Your Questions Answered: What are the advantages and disadvantages of an NPS tier 1 account?

Sangeeta Agnihotri, Dehradun, Uttrakhand Retirement planning is crucial for financial security and a fulfilling post-work life. In India, the National Pension Scheme (NPS) tier 1 account has emerged as a popular option for building a retirement corpus. If you're considering this scheme, this blog post will delve into its details, helping you make an informed decision.

05.01 / 02:44

Provident Citizens economy War track evacuation Israel: Tax incentives offered to aid housing crisis for war evacuees

Investments Authority of the Ministry of Economy and Industry and the Tax Authority are working to provide individual support to entrepreneurs among the evacuees from the war zones who own residential buildings. As such, it has already been approved for a company that owns a residential apartment building, which holds written approval from the administration in the «building for rent» route, to contract with a government company for the occupancy of the apartments in this building by the evacuee population.

04.01 / 18:26

Provident Target Citizens CEO War travelers EU targets world's biggest diamond miner as part of Russia war sanctions

The European Union has imposed sanctions on the world’s biggest diamond mining company and its chief executive officer as part of what it says is its “unwavering commitment” to Ukraine in the war against Russia

04.01 / 09:43

Citi Citizens Platform Action beautiful social guidelines Mumbai Dia Mirza calls for swift action as Mumbai grapples with soaring pollution levels, says 'breathing this toxic air affects every person'

Dia Mirza has called upon the Maharashtra Pollution Control Board to address the pressing issue immediately. Renowned for her vocal stance on climate change and environmental concerns, Mirza took to social media to express her distress and advocate for decisive measures. Her plea was conveyed through a post on social media platform X (formerly Twitter), where she drew attention to the alarming Air Quality Index (AQI) exceeding 200.

04.01 / 09:33

UPS FIVE Citizens Gap Experts reports recommendations The importance of appointing the state finance commissions

On the last day of 2023, the President issued a gazette notification for the appointment of the 16th Finance Commission. While there was a lot of interest in the announcement, an omission in the other end of the public finance continues to attract no attention. States are not appointing finance commissions (SFC).

04.01 / 08:40

FIVE Citizens Death Experts Courts 2024 Was National Savings Certificate interest rate hiked for January- March 2024 quarter? Check latest NSC rate

Premature withdrawal rules of 10 post office schemes: PPF, NSC, Senior Citizens Savings Scheme, Mahila Samman Savings Certificate

04.01 / 08:10

COST Citi Citizens security Metro Healthcare 2024 budget 2024 Union Budget 2024-25: Four income tax benefits you could expect from Finance Minister Nirmala Sitharaman. Details here

personal income tax, particularly in the New Tax Regime, Gupta added. The deduction limit under Section 80D for medical insurance premiums should be increased from ₹25,000 to ₹50,000 for individuals and ₹50,000 to ₹75,000 for senior citizens, reflecting rising healthcare costs.

04.01 / 04:44

FIVE Citizens tenor Fixed deposit rate hiked! SBI's three-year FD rates vs post office term deposits. Where to invest your money?

SBI's three-year FD rates vs post office term deposit rates: Fixed deposits are considered one of the safest investment options. Several banks including, the State Bank of India ( SBI), Bank of Baroda (BoB), Punjab National Bank (PNB), and Union Bank of India recently hiked fixed deposit rates. On 29 December, the Modi government raised the interest rates on the three-year post office term deposit (POTD) scheme by 10 basis points for the January-March quarter.

04.01 / 03:45

UPS Citizens tenor PNB hikes fixed deposit rates. How they compare with SBI, Bank of Baroda. Which bank is offering better FD returns?

Punjab National Bank has revised fixed deposit (FD) interest rates on amounts below ₹2 crore. The bank has hiked up to 50 basis points (bps) on certain tenures. The new rates are effective from January 1, 2024. PNB has also reduced FD rates on some buckets.

04.01 / 03:32

Citi Citizens Tax Bill Bitcoin S Korean City of Incheon Seizes $375,000 Worth of Crypto from ‘Tax Dodgers’

South Korea’s Incheon says it has confiscated $375,000 worth of cryptoassets from “tax-evading” residents who tried to hide their earnings in token wallets.

04.01 / 00:53

UPS FIVE Citizens Metro Refugees Experts Why most retirees don’t find refuge in reverse mortgage

₹1 crore, then the maximum loan amount is capped at ₹80 lakh. It is important to note that the loan amount will be disbursed as monthly payments. In case of a medical emergency or other such cases, most banks offer lump sum payments of up to 50% (capped at ₹15 lakh) of the total loan amount.

03.01 / 17:57

Provident Citizens President Universities War gay consequences Being anti-Tel Aviv isn't antisemitic

Harvard president Claudine Gay on Tuesday, following bitter criticism of her appearance at a congressional hearing in early December, has fired a debate in the US on campus antisemitism. She goes along with U Penn president Elizabeth Magill who quit last month, and with pressure growing on their MIT counterpart, Sally Kornbluth, to follow suit. Gay and Magill are collateral damage of the Israel-Hamas war.

03.01 / 16:17

Citizens Election country Bengal Min Shashi Panja slams BJP for double standards on CAA; says act won't be implemented in state

CAA) will not be implemented in West Bengal as announced several times by West Bengal Chief Minister Mamata Banerjee. «In Delhi, Union Minister Shantanu Thakur says one thing and his version changes when he is in Bengal. This is regarding CAA. Our Chief M and the chairperson AITC have categorically mentioned that CAA will not be implemented in Bengal.

03.01 / 10:47

Provident Digital Citizens CEO coinbase Election Coinbase CEO Criticizes Anti-Crypto Stance of American Politicians

Brian Armstrong, the CEO of Coinbase, recently addressed the political landscape in the United States regarding cryptocurrencies. He believes that a strong anti-crypto stance by politicians may be a poor strategic move for the upcoming 2024 elections. This opinion comes in the context of the evolving digital asset landscape and increasing adoption of cryptocurrencies among American citizens.

03.01 / 09:51

UPS Digital Booking Citizens Platform exclusive Bajaj Finance offers up to 8.85% on Digital Fixed Deposit – Check latest rates

Bajaj Finance Ltd, part of Bajaj Finserv, has announced the launch of Digital Fixed Deposit (FD), and is offering exclusive rates of up to 8.85% on deposits booked via its App and Website.

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