Meghalaya plans to constitute its Sixth Pay Commission, with a formal announcement of its chairperson and members expected within two weeks. The panel will review pay, allowances, benefits and service conditions for state employees and pensioners.
Got a pay raise? Have extra ₹20,000 every month? But how to decide what to do with the money: repay your personal loan faster or start investing it through a mutual fund SIP? Let’s crunch some numbers first to check which saves you more money Let’s assume you have a ₹5 lakh personal loan at…
IDFC First Bank on Saturday reported its highest-ever quarterly profit after tax (PAT) of Rs 1,075 crore for the quarter ended June 30, 2026, marking a 132.4% year-on-year increase from Rs 463 crore in the corresponding quarter last year. Net interest income (NII) rose 21.1% year on year to Rs 5,972.3 crore from Rs 4,933…
More than 150 companies, including Hindustan Copper, Cochin Shipyard, RCF and others, have fixed record dates for dividends and stock splits this week, from September 21 (Monday) to September 25 (Friday). Investors must hold shares of these companies in their demat accounts on the respective record dates to be eligible for the announced corporate actions….
NRE, NRO and FCNR accounts are designed to help non-resident Indians manage income earned abroad, maintain funds in India and hold foreign currency deposits, respectively. While all three are popular banking options for NRIs, they serve different purposes, hence, comes with different tax rules. FCNR deposits have been making headlines recently after the government unveiled…
The 7th Pay Commission used a 2.57 fitment factor, but an employee body representative says a 2.1 factor under the 8th CPC could still deliver a larger effective increase once existing dearness allowance is taken into account. Central government employees tracking the 8th Pay Commission may naturally compare any proposed fitment factor with the 2.57…
A Panchkula-based man sold his family’s ancestral agricultural land for ₹8 crore on September 18, 2017, and claimed long-term capital gains tax exemption under Section 54B and Section 54F. He claimed the relief after reinvesting part of the sale proceeds in two properties in Chhat and Sanoli villages in Punjab. The case concerns Sushil Tiwari,…