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Franklin Templeton MF adds Bharti Hexacom, Just Dial in April, exits Bharat Forge, Aditya Birla Fashion & Retail – Portfolio Watch

May 17, 2024, 08:23:00 PM IST Franklin Templeton Mutual Fund house had assets under management of Rs 94,914 crore as of April 2024. It manages 39 mutual fund schemes. Here is what Franklin Templeton Mutual Fund bought and sold from its portfolio in April, according to monthly data released by …

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Central govt employees, private employees can’t claim LTA if they don’t follow these rules; LTA eligibility, other latest updates

Employees give Leave Travel Allowance (LTA) to reimburse employees’ travel expenses incurred during a leave period. It covers expenses incurred for travel by air, train or other public transportation, but the reimbursement is based on the actual amount spent or as per the limits set by the employer or tax …

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Latest bank charges to send money abroad: SBI, HDFC Bank, ICICI Bank, Axis Bank, IDFC FIRST Bank, DBS Bank India

The Liberalised Remittance Scheme (LRS) for resident Indians limits forex outbound remittances under FEMA and RBI guidelines. This regulation authorises the external transfer of money up to USD 250,000 per calendar year for defined purposes. It means that as per the RBI rules, one can transfer of money up to …

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Simplify these procedures for individual income tax payers in Interim Budget 2024: CII – Interim Budget 2024

The suggested categories of payments could be as follows:Salary: TDS rate at Normal slab ratesLotteries and horse race winnings: TDS rate at 30%All other payments: TDS rate at 2% The suggested “negative list” of payments may illustratively include the following:1. Payments to senior citizens2. Exempt income payments (e.g., payments to …

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