Manking Personal Finance Easy
NEW DELHI: The Indian economy is in a good place, with a mix of solid growth and moderating inflation, global rating agency Moody’s Ratings said on Friday, forecasting 7.2% growth for calendar year 2024, followed by 6.6% in 2025 and 6.5% in 2024. 2026. Moody’s said the Indian economy is growing strongly and has the…
Like other insurance coverages, credit cards also provide insurance to the card users. Credit card insurance covers a range of contingencies, such as travel delays, trip cancellations, credit card protection and fraud protection. It is essential to note that a credit card user does not have to pay anything extra to avail this coverage. Because…
I resigned in August 2024 and received furlough pay as part of my final settlement. While I was making the payment, the employer withheld tax on the full amount of leave, arguing that I had resigned and not retired. Is my employer entitled to deduct tax on holiday pay as I understand it is exempt…
MFCentral (mfcentral.com), an investment fund transaction platform jointly managed by Computer Age Management Services Limited (CAMS) and KFin Technologies Limited (KFintech), has finally converted into a separate joint venture. The platform, which has 2.5 million users, is managed by registrar and transfer agents (RTAs) – Sebi-registered companies that provide services to mutual funds and investors…
According to a recent report from Moody’s, the Indian economy is in a sweet spot from a macroeconomic perspective, with strong growth accompanied by declining inflation. The rating agency expects India’s gross domestic product (GDP) to grow 7.2% in 2024, followed by 6.6% in 2025 and 6.5% in 2026. In the second quarter of 2024,…
Hyderabad: India’s healthcare expenditure is currently less than 2 percent of GDP and governments need to urgently increase it, former Reserve Bank Governor C. Rangarajan said on Friday. Speaking at the ICFAI Foundation for Higher Education (IFHE), Rangarajan emphasized the importance of “ensuring efficient use of funds before increasing healthcare expenditure.” “In India, there is…
