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Team Vriddhi

7 mutual funds completely exited from these small cap stocks in April – ​Complete exit​

May 19, 2024, 12:03:26 PM IST ​Mutual fund managers regularly buy and sell stocks to deliver good returns to its investors. Seven mutual funds completely exited from these small cap stocks in April, according to a report by Nuvama Institutional Equities.​ Agencies ​The fund house has completely exited from P …

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New rule for EPF death claim: Now physical claims can be processed without seeding Aadhaar

The Employees’ Provident Fund Organisation (EPFO) stated that it has received specific references from field offices indicating that they are unable to seed and authenticate Aadhaar in cases of death of EPF members. In such cases, filed officers were unable to process the aforementioned physical claims, which resulted in an …

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senior citizen fd: Hike in senior citizen FD? Additional interest rates should increase from 0.5% to 2%; FM gets proposal

The interest rates on fixed deposits (FDs) for senior citizens should be 2% more than the standard rate offered to general customers, said Bharat Pensioners Samaj, federation of pensioners in the country. In a letter addressed to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, Bharat Pensioners Samaj said, …

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budget 2024: Income tax relief: Medical cost doubles in 5 years, will Budget 2024 increase Section 80D limit for health insurance?

Budget 2024: Section 80D of the Income-tax Act, 1961 allows you to claim tax deductions for paying premiums for health insurance policies and select health-related expenses. You can claim a tax deduction of up to Rs 25,000 if you are below 60 years of age. For senior citizens, the tax …

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sebi news: Sebi mulls facilitating MFs to invest in overseas funds with exposure to Indian securities

New Delhi: Capital markets regulator Sebi on Friday proposed facilitating investments by mutual funds in overseas funds, which invest a certain portion of their assets in Indian securities. This is subject to the fact that the total exposure to Indian securities by such overseas funds should not be more than …

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