Pakistan’s economy on a downward spiral; here’s why
Pakistan’s economy is on a downward spiral for the past couple of years. From the country’s massive debts, rampant corruption to unemployment, inflation and widening fiscal deficit — there seems More...
How much income tax is payable on rental income
In order to assess the accurate income tax liability at the time of filing income tax returns, a user has to calculate the total earnings in a particular financial year or an assessment year. tax rate applicable More...
Kotak Bank cuts interest rate on select saving accounts
Kotak Mahindra Bank on Friday reduced the interest rate on savings accounts with balance of up to Rs 1 lakh by 50 basis points (bps) to 4.5% per annum. The new rates will be effective from April 15, 2019. While More...
TDS on salary income will depend on Investment Declaration to your employer: What if you fail to submit it?
What if the employees do not submit the Investment Declaration to their employers in April? If you are thinking that the tax-saving season had ended on March 31, 2019, and it’s time to push tax-related affairs More...
Mixed views on availability of TTCB finances
WHO is allowed access to what? This seems to be the confusion among board members, members and stakeholders of the TT Cricket Board (TTCB) concerning the accessibility of financial documents within the local cricket More...
Beware of groupthink on why the economy’s so weak
According to our top econocrats, the underlying cause of the economy’s greatest vulnerability – weak real wage growth – is obvious: weak improvement in productivity. But I fear they’ve got that the wrong More...
Take control of your finances and save 80% on a lifetime subscription to Kualto
Sound financial planning doesn’t come to us all naturally. With Kualto Money Management, however, anyone can maintain their finances and plan for future wealth. A lifetime subscription to this popular service More...
You could earn 17 times as much interest on your savings if you make one simple banking change
Online banks are leaving local banks in the dust when it comes to the interest rates offered on savings accounts. Yet many Americans have no idea. A full 62 percent of people surveyed by WalletHub last year did More...
Focus on companies that maintain robust earnings performance: Anand Rathi
Siddharth Sedani Anand Rathi Shares and Stock Brokers As we enter 2019, there are a number of risks as well as positive triggers for the market. While the outlook for the global economy has deteriorated as the More...
Jana Small Finance Bank Raises Interest Rates On Fixed, Recurring Deposits
Jana Small Finance Bank’s FD and RD interest rates will come into effect from Friday. Jana Small Finance Bank, a small finance bank, on Thursday announced an increase in its interest rates on term More...