EPF tax rollback & Realty Bill and more

THE ECONOMIC TIMES Sat, Mar 12, 2016 | 11:51 AM IST Weekly Platter Newsletter

Budget 2016: FM rolls back proposal to tax EPF In the recent budget for FY17, the government has proposed that withdrawal in excess of 40% of the accumulated corpus will be taxed. read more Modi govt has listened to Rajan's advice: Chris Wood The fiscal deficit target of 3.5% suggests govt listened to RBI as more aggressive fiscal easing would have risked de-stabilising the currency said Wood. Consulting firms like EY flock to IIMs to hire MBAs  Cognizant, which topped ET's Top Recruiters at B-School study for over three years now, said it stepped up hiring this year.

Editor's Pick Yashwant Sinha is AAP govt's Budget guru AAP's Delhi Dialogue Commission has been in touch with Sinha for "broad suggestions" on the Budget, which is to be presented on March 28. How SunSource Energy emerged as key solar name in India SunSource Energy is one of the key players in India's solar space with 60 completed projects with a cumulative capacity of 17 MW across 12 states. Beaten by Patanjali? Oral-B plans to stop supply The Indian unit of the world's largest consumer products company has so far managed to corner only about 1% of toothpaste market - less than newcomer Patanjali. Employees may save additional tax of up to 3% with NPS Offering the benefit is one thing and convincing employees is quite another. The NPS is a market-linked product which doesn't guarantee returns.

Most Popular This Week Maruti launches Vitara Brezza at starting price of Rs 6.99 lakh BJP to Rahul Gandhi: Pass GST, take credit for it too Top performers set to walk away 200% increment this year A chunk of your savings may be routed to EPS How ShopClues founder survived a run-in with Preet Bharara

Story of The Week Real Estate Bill passed by Rajya Sabha: 10 things you should know  The real estate bill will regulate the sector and bring in clarity for both buyers and developers. Here are 10 things you should know about it. read more

Money

Possession norm eased for home loan tax sop The proposed change will, however, be applicable from April 1, 2017, that is, it will apply in relation from assessment year FY18. Opening an account in NPS takes just 30 minutes now Investors whose Aadhar card is linked to their bank account and mobile numbers can also apply online. They will receive a one-time password for validation.

Stock Round Up Is worst behind us? Sensex at best can give 5% return on either side in 2016 The S&P BSE Sensex managed to bounce back sharply last week by adding close to 1,500 points after the Union Budget 2016 and on positive global cues.

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