Interest accrued in PF account after cessation of employment is taxable

A recent ruling of ITAT has held that interest earned post cessation of employment shall be considered as taxable in the hands of the individual.The balance to your credit on the date of cessation of your employment, is exempt from tax if you have rendered continuous service for a period of 5 years or more Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of…

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How realty funds burnt a hole in investors’ pockets

Slowdown in the sector and poor selection of projects seem to have hit them hard.Apart from physically buying a flat or land, you can invest in the real estate asset through NCDs, AIFs or REITs Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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GOP presidential hopeful Mark Sanford is running against Trump to talk about the national debt

Mark Sanford on Capitol Hill during his time in the US House of Representatives. | Alex Wong/Getty Images Sanford said the Republican primary needs “an earnest and real conversation on debt and deficits and government spending.” Mark Sanford, former governor of South Carolina and a former US representative for that state, announced Sunday that he plans to run against President Donald Trump in the 2020 Republican primary with the national debt at the center of…

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Will external benchmarks benefit borrowers?

While new borrowers of floating rate loans will benefit from external benchmark-linked rates, it may be complicated for existing borrowers to switch.Those who have borrowed from NBFCs like HFCs, which hold a large portion of the mortgage market, are not covered Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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Short circuit ‘excluded’ from fire cover

Contents and structure that get damaged from the resulting fire are paid for by the insurance policy. Damages due to inundation will also be covered Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies Powered by WPeMatico

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Trump cancels an imminent US-Taliban peace deal over a deadly attack

Afghan troops take part in a US-Afghanistan mission targeting ISIS in January 2018. | Wali Sabawoon/NurPhoto/Getty Images Peace between the US and the Taliban could have been announced as early as next week. Now it is off the table. President Donald Trump halted peace talks with the Taliban Saturday in a series of tweets in which he denounced the group’s continued attacks during the peace process. The president also claimed he’d arranged a secret meeting…

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Hustlers director Lorene Scafaria on making a movie about strippers “from the neck up”

Constance Wu and Jennifer Lopez in Hustlers. | STX Entertainment “I was excited to look at these women in ways we aren’t used to looking at them.” On the surface, Hustlers sounds like a cross between a flashy tale of a glamorous strip club and a Robin Hood story. Young stripper Destiny (Constance Wu) becomes close friends with Ramona (Jennifer Lopez), the undisputed queen of a Manhattan club frequented by Wall Street high rollers. But…

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