NHB directs housing finance cos to comply with IND-AS provisions

NHB directs housing finance cos to comply with IND-AS provisions

Housing Finance Companies (HFCs) have not got any relief or deferral on IND-AS implementation, on the lines extended for banks. Housing finance regulator National Housing Bank (NHB) has now directed HFCs to comply with the provisions of IND-AS as notified by the Corporate Affairs Ministry (MCA). This would mean HFCs will have to implement IND-AS […]

Finance ministry receives report that recommends homeowner grant elimination

Finance ministry receives report that recommends homeowner grant elimination

VICTORIA — Finance Minister Carole James has received a task force report that recommends eliminating British Columbia’s homeowner grant, taxing non-alcoholic drinks and introducing a value-added tax similar to the rejected harmonized sales tax. James was not available for comment Thursday, but her ministry issued a background statement saying the return of the HST is […]

Italy's Finance Chief Cancels French Talks in Migrants Spat

Italy's Finance Chief Cancels French Talks in Migrants Spat

Italy’s finance minister canceled his first talks with his French counterpart and the interior minister demanded an apology from President Emmanuel Macron as a dispute over a migrant rescue ship escalated into a rare diplomatic incident. Finance chief Giovanni Tria pulled out of a meeting with Bruno Le Maire, scheduled for Wednesday afternoon in Paris, […]

Free personal finance classes can help you avoid expensive mistakes

Free personal finance classes can help you avoid expensive mistakes

(Pexels Photo) PHOENIX — When it comes to personal finance, a lack of knowledge can lead to expensive mistakes. That’s where the free MoneySKILL financial literacy program comes in. “The name speaks for itself. It’s to teach life skills about managing money,” Tim Stanley, board chair of the American Financial Services Association Education Foundation, told […]

How to keep on top of your personal finances in a growing economy

How to keep on top of your personal finances in a growing economy

CLOSE Which will earn you more over time: a traditional 401(k) or a Roth 401(k) retirement account? Wochit The popularity of 529 savings plans has fallen, but they still provide advantages for users saving for college.(Photo: Sezeryadigar/Getty Images) The economy has shifted into high gear, with corporate profits surging, bankruptcies and foreclosures tumbling and the […]

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