Incidentally, the number of Americans submitting fresh unemployment claims rose, implying a deceleration of the labor market. From the Labor Department’s report of August 17, initial claims for state unemployment benefits increased by 4,000 to stand at a seasonally adjusted…
Chancellor of the Exchequer Rachel Reeves wants to propose even higher taxes in October to cover the £22 billion shortfall in the UK’s public finances. Although the Labour Party has said that it will not raise the income tax, National…
About the Nippon India Nifty 500 Equal Weight Index Fund Nippon India Mutual Fund has recently brought in a new scheme, the Nippon India Nifty 500 Equal Weight Index Fund. This open-ended scheme mirrors the Nifty 500 Equal Weight Index,…
AMB has today declared a large lease deal involving Embassy Office Parks REIT and the Commonwealth Bank of Australia (CBA) to let 800,000 sq ft of office space in Bengaluru. Another feature of the agreement is the possibility to increase…
This is a major boost for credit card subscribers, especially those who bank with Standard Chartered Bank, as the financial institution has recently made changes in the kind of payment options the customers can use to clear their credit card…
Union Asset Management Company (AMC) has unveiled what perhaps could be termed as the ‘Union Multi-Asset Allocation Fund’. This fund is an asset allocation fund, it has the goal of investing in different types of assets, to give investors a…
Going a step ahead in this technological revolution, Labour Minister Mansukh Mandaviya has declared that the new IT system ‘EPFO 2. 01’ will be implemented within the next three months. It forms a part of the overhaul of EPFO’s IT…
The CBDT has recently clarified the doubts regarding the requirement of an Income Tax Clearance Certificate (ITCC) for Indian immigrants. This clarification is due to the rampant rumor making rounds that indicates that one needs to acquire an ITCC before…
