Budget 2017: 10 money moves you should make before Budget

Budget 2017: 10 money moves you should make before Budget

Personal finance advisors say sticking to a long-term plan based on goals would be the best way to deal with the uncertainty surrounding the Budget.  The run-up to the budget is filled with expectations and speculations on what is likely to be announced by the Finance Minister on D-day. There are news of possible Income tax changes, changes in saving schemes, possible tweaking of the retirement savings landscape and changes in tax treatment of capital market related investments. But only few in the inner circles of the government know the…

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Seventh Pay Commission: How Employees Can Invest Rs 1 Lakh Crore Bonanza

Seventh Pay Commission: How Employees Can Invest Rs 1 Lakh Crore Bonanza

Investment recommendations for the beneficiaries of Seventh Pay Commission announcement In a big bonanza for 1 crore government employees and pensioners, the Union Cabinet today approved the Seventh Pay Commission’s recommendations. Effective January 1, government staff salaries will go up 23.5 per cent. The Seventh Pay Commission’s recommendations also influence wages of employees of state-owned firms, local bodies and 29 states. Including pensioners, analysts say that 3 crore people will be directly impacted by the Pay Commission’s recommendations. So if you are among the beneficiaries, have you decided where you…

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