Retirement fund body EPFO added 13.40 lakh members on a net basis in March, taking the total addition to 1.39 crore in 2022-23, according to payroll data released on Saturday. EPFO had added a total of 1.22 crore members on a net basis in 2021-22. Out of 13.40 lakh members added during the month of […]
By Chirag Nangia * My wife is a homemaker, and I file her return under the basic exemption limit. Can I transfer a lump sum amount to her account on which I have paid tax already and then she makes the investment in her name such as buying a property, investing in FDs, bonds, shares […]
Regulator Irdai has constituted a task force to facilitate ease of doing Know Your Customer (KYC) by insurers using Aadhaar, the 12-digit individual identification number. In a circular, the Insurance Regulatory and Development Authority of India (Irdai) said presently, the UIDAI framework allows insurance companies to indentify the customer by using his/her Aadhaar with consent […]