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NPS tax benefits: How salaried, self-employed can claim tax deductions for NPS under old, new income tax regime

Income tax benefits for NPS: You can claim tax deductions against NPS under three sections of the Income-tax Act, 1961 in India: Sections 80CCD (1), 80CCD (1B), and 80CCD (2) under the old income tax regime. Tax deductions for investments in NPS are available under the new income tax regime as well. If you are wondering how to avail of tax deductions for your NPS investment, read here. ....

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Marry Now, Pay Later? Why wedding loans are not a match made in heaven

While taking out a wedding loan or participating in a ‘Marry now, pay later’ scheme, borrowers must understand key terms such as interest rate, loan amount, and repayment schedule. You should borrow only to pay for the basic expenses and not to fund the showbiz part of the Big Fat Indian Wedding. ....

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Mob attacks driver after car mows down 5 people

Agitated locals in Jaunpur attacked a car driver after he mowed down people standing at a tea stall on Wednesday morning.

A video of the incident showed an angry mob attacking the car.

Five people were reportedly injured by the speeding car and three among them succumbed to their injuries. Others ....

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bank RD vs post office RD: With 6.7% interest rate, is post office recurring deposit a better option than bank RD?

Recurring deposit in banks vs recurring deposit in post office: Those looking to start an RD mostly tend to think about going to a bank. But it may not always be the prudent option. With the interest rate on post office RDs being increased to 6.7% for the October-December quarter, it may be worth your time to check out the features of a recurring deposit at your nearest post office. Before investing in RD, check where you will get the best deal — bank or post office? ....

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