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FM asks World Bank to explore collaborative approach in water management efforts

FM asks World Bank to explore collaborative approach in water management efforts
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How to maximize wealth in the new tax regime, explains Sahil Kapoor, Sr Executive VP at 360 ONE Wealth

Before April 2023, debt mutual funds and market-linked debentures were the go-to options for investors, offering tax efficiency and solid post-tax returns ranging from 7% to 8%.

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

In a bid to enhance its equity exposure and earn higher returns for its nearly 65 million subscribers, the Employees Provident Fund Organisation (EPFO) is considering reinvesting 50 per cent of its exchange-traded funds (ETFs) redemption proceeds back into equity. Sources close to the development said a proposal regarding this was discussed in the investment committee (IC) meeting in October last year, and the recommendation has been sent to the Central Board of Trustees (CBT), the apex decision-making body of the EPFO for its approval. The next CBT meeting is scheduled to be held on Saturday.

EPFO may reinvest half of ETF redemption proceeds in equity: Report

The Central Board of Trustees will consider another proposal to increase the redemption period for better yields for investments in equities from four years to seven years in the next six years.

Sebi mulls revamping nominations framework

Capital markets regulator Sebi on Friday proposed revamping the nominations framework in a bid to reduce unclaimed assets in the securities market as well as smoothen the process for claiming the assets by surviving successors of the deceased investors. The regulator proposed revisions to

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