Income tax dept processed about 40 mn ITRs for AY 2024-25 in 15 days
Revenue Secretary Sanjay Malhotra on Wednesday said the income tax department has processed close to 4 crore ITRs for AY 2024-25 in 15 days. Over 7.28 crore income tax returns for Assessment Year 2024-25 were filed till July 31, 2024. About 4.98 crore ITRs (income tax returns) have already been processed by the tax department, […]
Reduce GST on online news subscriptions to 5%: MIB tells revenue dept
Printed newspapers, journals, and periodicals are presently exempted from the Goods and Services Tax while online news subscriptions at taxed at 18 per cent
RBI new rules for FD in NBFC applicable from Jan 2025: Check details
A number of regulations applicable to NBFCs were reviewed and revised regulations were shared in the central bank’s latest circular
PNB, HDFC Bank offer low personal loan rates: Should you opt for them?
Take a look at the current personal loan rates and charges from some well-known banks
Data story: How digital payments in India have evolved over the years
Widespread adoption of digital payments has facilitated rapid, low-cost transactions and easy withdrawals through banking and mobile apps
RBI might ask banks dealing with UAE to push direct rupee-dirham settlement
The move is part of India’s attempt to increase trade settlement in the rupee and reduce reliance on the dollar, an ambition that has evaded most nations
Following violations in NBFC-P2P lending platforms, RBI revises norms
Bars credit enhancement; caps aggregate exposure at Rs 50 lakh
Gold loan demand stays strong despite cash disbursement curbs: CRISIL
According to CRISIL, growth for gold-loan NBFCs has been supported by favourable movement in gold prices
Prefer diversified, value-driven approach? Go for equal-weight index fund
Investors seeking greater diversification in their portfolios may consider equal-weight indices
Waiting for ITR refund: Check who will get faster refund among ITR-1, 2 & 3
If the taxpayer does not receive the refund in time, they should check for issues with their income tax return and review their email for any messages from the tax department about the refund