Employees’ Pension Scheme 1995 in India quantifies retirement benefits based on salary and years of service, with recent updates highlighting the importance of pension accumulation and retirement timing for salaried workers in the organised sector. For salaried workers in India’s…
Patients often face substantial bills despite health insurance coverage as hospital charges, policy exclusions, and billing rules lead to significant claim shortfalls. Experts advise careful policy selection and meticulous documentation to minimise out-of-pocket expenses. Health insurance can still leave patients…
Missed or outdated digital life certificates can halt EPFO pension payments, but recent innovations in remote submission and record updating offer pensioners a simplified pathway to keep their benefits flowing smoothly. EPFO pensioners who miss a routine verification step can…
BRICS nations are considering a framework to connect national instant-payment systems and central bank digital currencies, aiming to make cross-border transactions faster, cheaper, and more efficient without a shared currency, as part of broader economic resilience efforts. BRICS is weighing…
Many retirees in India mistakenly believe that retirement automatically grants tax exemption. However, income from pensions, interest, investments, and other sources remains taxable beyond certain thresholds, with recent clarifications highlighting ongoing tax obligations for seniors. A common misconception in India…
Indian shares are set for a subdued start as rising Brent crude prices and ongoing foreign sell-offs influence investor sentiment, with domestic demand cushioning the market decline amidst geopolitical tensions and inflation concerns. Indian shares are expected to open little…
Seed capital for SaaS companies hinges on demonstrating real product demand and a clear path to revenue, with founders urged to approach fundraising as a focused sales campaign rather than open-ended outreach. Raising seed capital for SaaS is less about…
Senior leaders of India’s Gem and Jewellery Export Promotion Council welcome a new tax exemption on rough diamonds, viewing it as a pivotal move to enhance India’s position in the global supply chain and attract more international trade. Senior leaders…
Prime Minister Narendra Modi’s vision for a $30 trillion economy by 2047 emphasizes growth pillars but raises questions about equitable development and real welfare for citizens amid concerns over labour, education, and social indicators. Prime Minister Narendra Modi’s Independence Day…
Razorpay’s new AI foundation model, Vulcan, utilises transformer technology to improve payment reliability, fraud detection, and customer experience as the Indian fintech prepares for its public listing. Razorpay has unveiled Vulcan, a transformer-based AI foundation model that it says is…
