After IndusInd Bank issue, RBI, DFS and CAG discuss new norms for statutory auditors of public sector banks: Sources

In the wake of recent developments involving IndusInd Bank, regulatory authorities are considering new norms for concerning the appointment and functioning of statutory auditors in public sector banks. According to sources, a high-level meeting was held in the first week of April, involving the Reserve Bank of India (RBI), the Department of Financial Services (DFS),…

Retirement Planning from Tax Saving: How you can save Rs 61 lakh tax, create Rs 4 crore tax-free retirement corpus by 14% NPS tax benefits in 30 years

Retirement Planning from NPS Tax Saving: If you are a salaried-class individual, the new tax regime offers many tax benefits that can make your income tax-free even if it is significantly higher than the limit of Rs 12,75,000. Among some such benefits is National Pension System (NPS) tax benefit, which you can get on the…