Parliament passes bill to set up National Bank…

Parliament on Thursday passed a bill to set up the National Bank for Financing Infrastructure and Development (NaBFID) to fund infrastructure projects in India. The Rajya Sabha passed the National Bank for Financing Infrastructure and…

PF tax-exemption limit hiked to Rs 5 lakh,…

The government has raised the threshold limit of tax-exempt contributions to the Provident Fund (PF) to Rs 5 lakh (from Rs 2.5 lakh announced in Budget 2021), subject to certain conditions. This increased tax-exempt limit…