By Sudhir Kaushik of Taxspanner.com Gurgaon-based finance professional Deepak Saxena pays a low tax even though he does not claim all the deductions avaliable to him. Taxspanner estimates that Saxena can reduce his tax by nearly Rs 58,000 if he gets a few more tax-free perks, he opts for the NPS benefit offered by his company and he also invests in the pension scheme on his own. Saxena should start opting for the NPS benefit offered by his company. Under Sec 80CCD(2), up to 10% of the basic put in NPS is tax free. If his company puts Rs 5,179…
Author: Miley Selena
5 things to know about E-rupi Read more: EconomicTimes
The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. Gold (995) (Rs)Fear of rate hikes by central bankers, due to speedier economic recovery, has pulled down gold prices. Silver (Rs )Being a more volatile bullion, silver has crashed faster than gold over the past week. ($/troy ounce)Platinum, however, was saved because of its industrial use and was able to move by 1%. WTI Crude ($/barrel)Crude oil remained flat because the fear…
Vietnam health ministry announced on Sunday that 9,580 new cases of coronavirus infection have been reported across the country during the past 24 hours, adding that 337 patients have passed away in the same period of time. The country total number of infections now stands at 275,044, and the amount of fatalities, 5,774, according to Health Ministry The Health Ministry said 5,519 people have been given the all-clear, bringing the total number of fully recovered patients to 102,504. Among patients being treated, 589 are being cared for in ICU, while 18 are using machines to help them breathe. Related: Vietnam…
Taliban fighters entered Kabul on Sunday and sought the unconditional surrender of the central government, officials said, as Afghans and foreigners alike raced for the exit, signaling the end of a 20-year Western experiment aimed at remaking Afghanistan. The beleaguered Afghan government, meanwhile, hoped for an interim administration, but increasingly had few cards to play. Civilians fearing that the Taliban could reimpose the kind of brutal rule that all but eliminated women’s rights rushed to leave the country, lining up at cash machines to withdraw their life savings. Helicopters buzzed overhead to evacuate personnel from the U.S. Embassy, while smoke…
Vietnam recorded 9,574 new Covid-19 cases in 41 localities Sunday, raising the infection tally in the ongoing wave to 270,986. Current epicenter HCMC led the day’s tally with 4,516 cases, followed by its neighbors and industrial hubs Binh Duong (2,358), Dong Nai (546) and Long An (514). The capital city of Hanoi reported 39 new infections. Visit Vietnam Insider’s homepage for more stories. Vietnam confirmed 9,574 new Covid-19 cases, of the cases recorded on Sunday, 2,470 cases were detected in the community while the remaining in quarantine facilities or lockdown areas, Health Ministry reported. The number of recoveries rose by…
Bitcoin has crossed the $46,000 mark once again. The most popular cryptocurrency has been trading in the green with a market cap of more than $848 billion, CoinMarketCap reported. As the global cryptocurrency market hit $2 trillion for the first time in nearly three months, the industry players on Friday said the surge in the market cap indicates a wider acceptance of crypto assets across the globe, including in India. Bitcoin has crossed the $46,000 mark (more than Rs 34 lakh for single coin) once again. The most popular cryptocurrency has been trading in the green with a market cap…
Vietnam has ranked ninth among the ten friendliest countries in the world, the World Population Review quoted a survey conducted by InterNations. Expats consider the country to be “less stressful than many other places, as people smile naturally” The ranks in this survey change dramatically within a few years as many factors can greatly affect a country’s attitude towards foreign travelers or expats. A friendly attitude with a positive view on strangers and people of other cultures has helped Vietnam to reach the top ten. This rank will become one of the favorable factors for tourists to choose Vietnam for…
A shipment of fake COVID vaccine cards from China, headed to New Orleans, has been intercepted by U.S. Customs and Border Protection Officers in Memphis. Officers say there were 15 such shipments of low-quality counterfeit vaccine cards. The cards had blank lines for names, birthdays, lot numbers, and even a CDC logo, but were riddled with typos, unfinished words, and some Spanish verbiage was misspelled. Some of the shipments had packs of 20, 21, or 100, without any attempt to conceal them in books or paintings or anything. Memphis has made 121 seizures totaling 3,017 of these cards. Buying, selling,…
Vietnam confirmed 9,710 new Covid-19 cases in 40 localities Saturday, the highest number recorded on a single day to date, as many places prepare to extend or tighten restrictions. There were also another 349 coronavirus-related deaths announced, most were in HCM City, 285, increasing the total number of fatalities to 5,437. The number of recoveries since the start of the pandemic increased to 96,985, after 4,247 were announced recovered Saturday. Vietnam records biggest daily spike in Covid cases as localities to extend lockdown. Current epicenter HCMC led the day’s tally with 4,231 cases, followed by its neighbors and industrial hubs…