Money Tinker

The Center has clarified the General Provident Fund (GPF) disbursement to government employees on retirement. This clarification, provided by the Department of Pension and Pensioners’ Welfare (DoPPW), addresses questions about interest payments on deferred GPF payments after retirement. The new instructions, dated October 25, 2024, emphasize the importance of timely processing at every stage, from…

The percentage of commercial LPG used in hotels and restaurants has been increased by ₹62 per 19 kg cylinder. | Photo credit: PTI The price of aviation fuel, or ATF, was increased by 3.3% on Friday (November 1, 2024) and the percentage of commercial LPG used in hotels and restaurants increased by ₹62 per 19…

I want to invest in government bonds. Are they tax-free? What plans are available for tax-free interest? I want to invest for 7 -10 years. The Indian government has not issued new tax-free bonds for quite some time, but you can buy some of the tax-free government bonds issued in the past on the stock…

Venture capitalists and private equity firms aren’t the only ones betting on the GenAI race. Indian family offices also want a piece of this growth story and are quietly supporting AI startups in India and abroad. Between 2021 and September 2024, Indian family offices invested nearly $570 million in AI-focused companies, with such allocations increasing…