Sebi plans to introduce guidelines for ‘follow-on offers’ by REITs and InvITs to cultivate the market for these investment instruments.
Money market yields will remain volatile next week, as banking system liquidity is expected to stay “comfortable despite ICRR”.
It is important to correctly report any income you receive through moonlighting, while filing your income tax return in order to avoid getting pulled up by the tax authorities
The Central Board of Direct Taxes (CBDT) issued guidelines to calculate income from life insurance policies where the annual premium exceeds Rs 5 lakh.
Interest earned from recurring deposit is taxable; and, if any property is received as a gift from a relative, then the same would not be taxed in the hands of the recipient; tax deducted from monthly salary is based on...
On Thursday, State-owned NMDC crossed 40 million tonnes (MT) production level in financial year (FY) 2022-23, Union Steel Minister Jyotiraditya Scindia said.
An SBI report predicts a surge in the average income of the Indian middle-class population, and the number of people filing income tax returns will increase by 85.3 per cent by FY2047.
If you have missed the deadline of July 31, 2023, to file Income Tax Returns (ITR), you can still file a belated return by paying a penalty before December 31, 2023.
The Voluntary Provident Fund is an extension of the Employees’ Provident Fund and allows employees to make additional voluntary contributions to their EPF...
This clarification has come amidst media speculations on curbing retail participation in Future and Option (F&O) segments.
The last date for filing income tax returns for the financial year 2022-23 is July 31, 2023. Any delay in filing ITR will attract a penalty. Learn more.
According to officials, the Andhra Pradesh Mineral Development Corporation (APMDC) is earning more revenue from Mangampeta baryte reserves and Suliyari coal...
The set of orders, won across domestic and international markets, have strengthened the company's solutions business unit's order book to Rs 5,200 crore during...
Maximise your tax savings on interest earnings from your savings bank account. Section 80 TTA and Section 80 TTB of the Income-tax Act 1961 allows for...
The Income Tax Department clarified the confusion surrounding Rs 7 lakh threshold for Tax Collected at Source (TCS) on Liberalised Remittance Scheme (LRS)...
Any property, which is not let out and is lying vacant can be claimed as self-occupied. Under the new tax regime, rebate and eligibility threshold income are...
One can save long-term capital gains up to Rs. 50 lakh by investing in bonds of specified financial institutions within six months from date of sale of asset....
If an SCSS account is closed after a year but before two years, 1.50 per cent of the deposit is deducted; likewise, banks may reverse the interest credited to...
According to Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, a state government scheme to provide financial assistance to eligible widows and single...
By implementing these strategies, individuals can gain better control of their finances and achieve their long-term financial objectives
The increase reflects a quarter-on-quarter increase of 2.6 per cent in October-December 2022-23
For calculating exemption under Section 54, you will be entitled to take into account all the costs incurred in connection with the purchase of the new...
On Wednesday, Finance Minister Kailash Gahlot presented a Rs 78,800 crore budget in the Delhi Assembly for the financial year 2023-24.
The growth in direct tax mop-up, which comprises personal income tax and corporate taxes, was driven by PIT collections
Gehlot made the announcement while replying to a debate on the budget for the financial year 2023-24 in the state assembly.
