ELSS funds come with tax saving benefits and a 3-year lock-in period. Here’s how they performed over a one-year and three-year investment tenure and how you too can exploit the twin benefits of tax-saving along with equity...
In order to boost capital spending by states, the 'Special Assistance to States for Capital Investment 2023-24' scheme was announced in the Union Budget 2023-24. Under the scheme, special assistance is being provided to the...
Unveiling the revenue-expenditure data of the Union government for 2022-23, the Controller General of Accounts (CGA) said that the fiscal deficit in absolute term was Rs 17,33,131 crore
Bank of India is the first bank to offer Mahila Samman Savings Certificate at all its branches
Finance ministry joint secretary (Tax Policy and Legislation) Raman Chopra said the government would soon issue a clarification on the mode of applicability of the TCS provision
MoS Finance Bhagwat K Karad said banks should do timely recognition of non-performing assets
The Finance Ministry extended the timeline to implement the increased proposed TCS rates with effect from 1 October instead of 1 July this year
The CBDT said the aggregate amount exempt from income tax under section 10(10AA)(ii) shall not exceed the limit of Rs 25 lakh, where any such payments are received by a non-government employee from more than one employer
Earlier, the government bought overseas investment in unlisted closely held companies, except DPIIT recognised startups, under the Angel Tax net
Union Minister Nitin Gadkari had recently said changes will be made to the surety bond offering to make it more lucrative as no contractor is buying it because...
The Mahila Samman Savings Certificate scheme, which is aimed at encouraging more women towards investing, has received a tax deducted at source exemption on...
The damning January 24 report of US short seller Hindenburg had alleged that some of these funds based out of Cyprus and Mauritius were proxies of Adani's that...
The Vidya Lakshmi portal can help save time and money when researching and applying for an educational loan. Read on to learn more about this government portal
April 2023 sees the highest-ever GST collection of Rs 1.87 lakh crores. Prime Minister Narendra Modi praises the rising nature of the tax collection graph.
Active large-cap mutual funds invested more of their funds in banks, IT, and crude oil. Here’s how much these sectors received and why
The positive growth in the number of subscribers has been attributed to the scheme’s numerous outreach programmes spanning various locations across India.
The Ministry of Finance clarified that the issuance of sovereign green bonds (SGBs) will be officially announced in the second half of FY24 (H2FY24)
The banking industry needs to serve small and marginal farmers, youth and women agripreneurs and act as catalyst for growth
A broad agenda was set during the two-day meeting which will be deliberated upon further and finalised during the next set of meetings of the SFWG that will...
A broad agenda was set during the two-day meeting which will be deliberated upon further and finalised during the next set of meetings of the SFWG that will...
Congress leader Rahul Gandhi said the Union Budget 2023-24 helped the rich friends of the government and Trinamool Congress supremo and West Bengal CM Mamata...
The year 2023 has eight assembly elections, including in the battleground states of Rajasthan, Chhattisgarh, and Karnataka. These elections will set the tone...
Budget 2023: For the ongoing financial year, capex target was set at Rs 7.5 lakh crore and included Rs 1 lakh crore as a capex-only, interest-free loan to...
Aam Aadmi Party (AAP) leader Manish Sisodia said the Union Budget 2023-24 has nothing for employment generation or controlling inflation.
Union Minister of Finance Nirmala Sitharaman announced a slew of measures with a major emphasis aimed at popularising the new tax regime, by increasing the...
