How can I work out if I’m saving enough in my pension for retirement?

[ In our weekly series, readers can email in with any question about retirement and pension savings to be answered by our expert, Tom Selby, director of public policy at investment platform AJ Bell. There is nothing he does not know about pensions. If you have a question for him, email us at [email protected]. Question: … Read more

Budget: Elderly want counselling services, accessible infra & minimal GST on products used by seniors

[ NEW DELHI: An analysis of budget expectations of senior citizens draws attention to their concern over accessible infrastructure and high rates of GST applicable on many of the services and products used by the elderly among other things.The analysis, based on a survey by Agewell Foundation involving interactions with 10,000 elderly persons from across … Read more

State revenue grows 5 percent till November against 17.4 budgeted for FY24: Report

[ MUMBAI: The growth rate of the combined revenue receipts of the 16 largest states has fallen by almost 80 per cent to 5 per cent during April-November from the budgeted 17.4 per cent for the current fiscal, according to a report. The states have so far borrowed over 37 per cent more than they … Read more

Four reasons Hunt may not have enough money for tax cuts

[ Reports suggest that the Chancellor may have as much as £20bn to cover tax cuts in his upcoming Spring Budget, but there is speculation this may not be enough. Data from the Office for National Statistics (ONS) earlier this week suggests that a combination of higher VAT and income tax receipts, lower spending, and … Read more

Inheritance tax receipts hit record £5.7bn sparking calls for reform

[ Inheritance tax (IHT) receipts are on course to “break all previous records,” with more experts calling for reform to the UK’s “most hated” tax. HMRC revealed it had received £5.7bn in the nine months between April and December 2023. This intake is £400m more than the same period of 2022 – an increase of … Read more

Should I take a lump sum from my pension pot when I turn 64?

[ In our weekly series, readers can email in with any question about retirement and pension savings to be answered by our expert, Tom Selby, director of public policy at investment platform AJ Bell. There is nothing he does not know about pensions. If you have a question for him, email us at [email protected]. Question: I’m about to … Read more

Budget-friendly items to make your home cozy

[Turning our house into the perfect aesthetic winter home is something we all want, but budgeting at the month-end poses a problem. Well, we have a solution to the same and here we list eight ways you can turn your home into a cozy winter abode on a budget. Read original article here Denial of … Read more