TDS on cumulative FDs: Your money loss is more than the tax deducted

April 9, 2021

Are you among those depositors who think that the deduction of TDS (Tax Deduction at Source) on your fixed deposit is not a big deal? Think again as the maturity value of your cumulative FD decreases by more than the total TDS on the FD over its entire tenure. Here is what you should know about the impact of TDS on the returns on your cumulative FD. How maturity amount…

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Center released Rs 42,000 crore to states for GST compensation

April 9, 2021

The Center has made a total loan of Rs 42,000 crore available to the states since October to compensate for the decrease in the Goods and Services Tax (GST) revenue. The Finance Ministry gave this information on Monday. The Finance Ministry said that a fresh installment of Rs 6,000 crore was released to the states on Monday. Of this, Rs 5,516.60 crore was released to 23 states and Rs 483.40…

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41 universities, one exam all about India’s newest entrance exam

April 9, 2021

  The Ministry of Education is expected to announce the Central Universities Common Entrance Test or CUCET later this month. Here’s what you should know For the first time, those seeking admission to undergraduate courses in 41 central universities won’t have to rely on their Class XII marks alone. With the finalising of the plan to conduct the Central Universities Common Entrance Test or CUCET underway, applicants will need to…

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Modi govt asks all central employees aged 45 years and above to get themselves vaccinated

April 9, 2021

  Amid an alarming spike in Covid-19 cases in India in the last few weeks, the central government on Tuesday asked all its employees aged 45 years and above to get themselves vaccinated to effectively contain the spread of the virus. The government issued an order to all the central government ministries and departments directing, “In view of the above, all central government employees of the age of 45 years…

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