Money

If the income of the employee is below the  ₹2.5 lakh taxable limit, no TDS is required.
SBI vitual card is a single usage card. (Reuters)
Cess collected for a particular purpose cannot be used for or diverted to other purposes
Bullet journaling lets you lay out all your plans and goals visually
China coronavirus: At least nine people have died and hundreds more have been infected (Bloomberg)
Earlier, only employers could update the date of exit on the EPFO platform
Buying health insurance is an important decision because this insurance serves you for life. Photo: HT
Buying health insurance is an important decision because this insurance serves you for life. Photo: HT

A-rated health plans for you

If you settle for a plan your agent sells or are happy knowing that you have bought the cheapest one, there is a bit of unlearning and a lot of learning in store for you

It requires the government to limit the fiscal deficit to 3% of the GDP by 31 March 2021
Photo: iStock (Photo: iStock)
The current slowdown and the unrest seem to be symptoms of the need to rethink and re-imagine the rule book one more time. (Pradeep Gaur/Mint)
The current slowdown and the unrest seem to be symptoms of the need to rethink and re-imagine the rule book one more time. (Pradeep Gaur/Mint)

Do student protests precede big reforms?

The gains of the 1991 reforms have reached their limit and India now needs a new playbook for the next level of growth

You can mark your date of exit on the EPFO portal after two months of leaving a job. (iStock)
Amit Baliga; Age: 35; Profession: Digital product lead with an MNC. Apeksha Sharma; Age: 37; Profession: Homemaker.
A recession may be V-shaped where the economy sees a sharp decline followed by a strong recovery. (Bloomberg)
A recession may be V-shaped where the economy sees a sharp decline followed by a strong recovery. (Bloomberg)

When is an economy in recession and what is stagflation?

  • A recession may be the outcome of tight monetary and fiscal policies aimed at controlling inflation
  • Stagflation is another fear that comes up when inflation is high in a period of slow economic growth

This service allows the bank customers to withdraw cash from any ICICI Bank ATM without a debit card 24X7. (Reuters)
Photo: Reuters (Reuters)
Photo: Reuters (Reuters)

How much return are your assets yielding?

  • Too much equity may expose you to undue risk, while being too conservative and investing only in, say, FDs can mean that you are not able to build the corpus that you need
  • One must also keep in mind the volatility risk of the asset class, liquidity, lock-in rules and taxation

Photo: iStock
Photo: iStock
Your mindset has a huge bearing on your finances. (iStock)
The annual savings rate also needs to increase every year to achieve the targeted retirement corpus. (Photo: iStock)
UPI transactions: An individual can use multiple bank accounts on a single app. (Pradeep Gaur/Mint)