Arrest if income tax return is not filed

Arrest if income tax return is not filed

The question has arisen whether those who earn income above the income tax exemption limit but fail to file their returns will be arrested under the new rules to be implemented in the revision of the Income Tax Act. Contents While presenting the Budget last July,While presenting the Budget last July, Finance Minister Nirmala Sitharaman … Read more

Echoing US accusations Kenya cancels deal with Adani

Echoing US accusations: Kenya cancels deal with Adani

Nairobi: Kenya has cancelled a deal with Adani to expand its airport following US allegations. Kenya had signed a deal with Adani to expand its aviation infrastructure in Kenya. The country’s Ministry of Energy also signed a $736 billion power supply deal with the company. In this context, the US has filed a case in … Read more

How to create a financial plan for yourself

How to create a financial plan for yourself

Financial planning is the planning of financial matters in advance.  Financial planning helps ensure future financial security.  A well-crafted financial plan helps you achieve long-term goals and weather unexpected crises.  Also, it guides to control costs and maximize savings.  Here are the key features and ways to best carry out financial planning that will guide … Read more

Top news, sbi debit cards maintenance fee increase

Top news, sbi debit cards maintenance fee increase

Mumbai Stock Exchange to introduce sbi debit cards maintenance fee increase, and same-day settlement from today. Contents Increase in Indians going to Australiasbi debit card fee hikeSame day settlement introduced from todayIncrease in Indians going to Australia MUMBAI: In January this year, the number of Indian tourists to Australia has increased by 6 percent, according … Read more

Is there income tax benefit for personal loan?

Is there income tax benefit for personal loan?

Although personal loan does not have much impact on income tax return filing, it can change according to usage. Personal loan facility helps in fulfilling various financial needs.  Although the interest rate of this unsecured loan is high, it is a convenient option in case of urgent need. A personal loan can be availed for … Read more

Fraudulent price fluctuations in the investment segment.

Fraudulent price fluctuations in the investment segment.

In the small and medium enterprises investment segment, there are signs of fraudulent price fluctuations, said Madhabi Puri Buch, chairman of SEBI. He has advised that this fraudulent price fluctuation is taking place both in new share issue and trading and investors should be safe in this regard. He said in this regard, In the … Read more

What is the lesson of the Paytm controversy?

What is the lesson of the Paytm controversy

What the Paytm Controversy Teaches Us Amidst the myriad of questions raised by the Paytm company, what does the important financial lesson teach us? Contents Paytm has become a major player in digital transactions in IndiaPaytm stock value declinesPaytm Stock Decline Traders Should Watch Out ForPaytm has become a major player in digital transactions in … Read more

Jio, Hdfc, try to buy paytm wallet business

Jio, Hdfc, try to buy paytm wallet business

Jio Financial Services and HDFC Bank are reportedly interested in buying Paytm’s wallet business. Contents Will Ambani buy Paytm?Will Ambani buy Paytm? Shares of Jio Financial Services rallied as much as 15 per cent in the stock market yesterday following reports that Paytm’s parent company, One97 Communications, is in talks with the two companies. There … Read more

This is the reason for paytm ban

This is the reason for paytm ban

RBI has imposed strict restrictions on ‘Paytm Payments’ banking operations due to irregular KYC in the bank. There are reports of multi-crore money transfers being done by rules. Contents Sources familiar with the matter further said:Sources familiar with the matter further said: Reserve Bank took action against Paytm Bank over audit report. Irregular K.Y.C. This … Read more

New Regulations of NPS Scheme

New Regulations of NPS Scheme

New rules have been announced by the Pension Regulatory Commission for early partial withdrawal of the National Pension Scheme members. Contents What are the new rules for NPS in 2024?What are the new rules for NPS in 2024? ‘Members may take partial withdrawal from the National Pension Scheme subject to conditions. According to a recent … Read more

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