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Meenakshi said 95% of his porfolio is in mutual funds and ETFs, and just 5% in direct stocks because he learned early in his career that stocking-picking wasn't for him.
A 36-year-old jeweller was arrested for faking his disappearance to evade moneylenders. Police recovered Rs 2.5 lakh in cash, 42gm of gold and two mobile phones from the accused’s possession in Mathura.
NOIDA: Four people, including two women, died of asphyxiation due to a leak in the LPG cylinder at their home in Greater Noida's Tusyana on Friday eve.
Budget News: Tax experts suggest making annuity income from the National Pension System (NPS) tax-free to provide financial security to senior citizens and align with fairness and social welfare principles. Addressing the existing taxation on income from EPF and NPS, the proposal is to remove NPS contributions from the cap or increase the limit. The taxation of annuity income in the NPS affects its wider acceptance, but making annuities tax-free could impact government finances.
Given the importance of creating a social security net for Indians, push to NPS in the form of tax benefits is essential, says Sumit Shukla, MD and CEO, Axis Pension Fund