Expansion of higher HRA benefits to eight cities from FY27 comes alongside rigorous new disclosure rules designed to crack down on fraudulent rental claims
According to a report by Emkay Global Financial Services, the Nifty 50 is now trading at around 20 times earnings, lower than its usual range of 22-23 times.
Under the proposal, the purchaser of Gift PPI can gift the prepaid payment instrument to a recipient, who can then use the instrument to subscribe to mutual fund units, Sebi said