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The increase is expected to benefit around 48 lakh Central government employees and 68 lakh pensioners. The combined annual financial implication for the exchequer is estimated at Rs 10,016 crore.
Received Rs 51,000 as a Diwali gift? Understand India's tax rules for cash gifts, including the Rs 50,000 limit, exemptions for relatives, and when your festive gift may become taxable.
The fintech continues to make healthy progress toward sustainable profitability and improving operating leverage, even while gross merchandise value was flat QoQ owing to festive season getting pushed to Q3, says the brokerage.
Wondering where to invest your next Rs 1 lakh? Compare emergency funds and fixed deposits to understand liquidity, returns, and financial security, and decide which option suits your needs best.
