Preeti Motiani

Synopsis Importance of marriage certificate: Marriage registration is optional under the Hindu Marriage Act, 1955. However, many women register their marriage to avoid any future problems. Here is the list of problems women can face in the future if they do not have a marriage certificate. Read on to know more about it.

Synopsis New TDS deposit rules for companies: From October 1, 2024, companies will have more time to deposit TDS and penal interest with the government before a prosecution notice is sent. However, the question arises of whether this relaxation puts employees' tax credits at risk. Read on to know if employees will be impacted by the new income tax laws. Lessons from the Grandmasters

Synopsis Balanced Life Cycle Fund under NPS: PFRDA has launched a new investment fund called the Balanced Life Cycle Fund for NPS subscribers. The new fund allows NPS subscribers to remain invested in equity for 45 years instead of the 35 years allowed in current life cycle funds. This will help equity investors earn higher equity returns. Lessons from the Grandmasters

Synopsis Coldplay concert: If you missed the Mumbai show of Coldplay then fret not. This is because tickets for Coldplay show in Hong Kong, Seoul (South Korea) and Abu Dhabi (United Arab Emirates) are still available as of today. ET Wealth Online has done a cost analysis of visa, local travel, local sightseeing and food in these three cities.

Pradhan Mantri Awas Yojana Subsidy: PMAY is a government scheme that allows individuals to buy or construct their houses at affordable prices. However, not many PMAY subscribers know the conditions under which PMAY credit subsidy can be taken back by the government from the borrowers. Read on to know the conditions in which PMAY subsidy can be taken back.

Synopsis New tax regime, old tax regime, Salary TDS: Some employees are receiving emails from their employers regarding a change of tax regime in mid-year that can help them reduce their tax on salary and increase their tax home pay. Read on to know what employer is offering and how it can help you to increase your salary after tax.

UPI lite transaction limit hiked: The UPI per transaction limit has been hiked to Rs 1,000 from Rs 500. Further, the UPI lite wallet limit has also been hiked to Rs 5,000 from Rs 2,000.

Synopsis NPS Vatsalya investment: The government has launched NPS Vatsalya, a pension scheme for minors. On the surface, it may seem like a good option to promote early habits to save for a pension from an early age. However, there are 7 reasons why it may not be a good investment to save for your children's education and marriage. Lessons from the Grandmasters

Form 12BAA to lower TDS from salary: The Central Board of Direct Taxes (CBDT) has notified a new form called Form 12BAA. The new form will help an employee to inform the employer about other taxes paid by you via TDS and TCS and consequently lower tax deducted from salary.

New relief for income taxpayers on tax collected at source: The income tax department has amended the income tax laws to allow claiming of tax collected at source credit to other person than the collectee. However, the TCS credit can given to another person only if the collectee has submitted the declaration.