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  Retail inflation surges to 5.08 per cent in June, Industrial production jumps to 5.9, says Govt

  July 12, 2024 17:59 IST

  Retail inflation increased to 5.08 per cent in June as kitchen items became dearer, according to government data released today. The industrial production grew 5. 9 per cent in May this year, mainly due to good show by mining and power sectors.

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  Important notice for Axis Bank and HDFC Bank's customers: Online banking services to be disrupted

  July 12, 2024 16:37 IST

  HDFC Bank and Axis Bank will experience online and mobile banking service disruptions this weekend due to system upgrades. HDFC Bank’s UPI services will be down on July 13, 2024, from 3:00 AM to 3:45 AM and from 9:30 AM to 12:45 PM.

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  Sensex jumps 622 points to all-time high of 80,519, Nifty rallies 186 points to record 24,502

  July 12, 2024 19:23 IST

  The benchmark BSE Sensex jumped 622 points, or 0.78%, to reach an unprecedented 80,519.34. The NSE Nifty rose by 186.20 points, or 0.77%, closing at a historic 24,502.15.

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  Stock markets jump in early trade; Sensex gains 226 points, Nifty above 24,398

  July 12, 2024 10:58 IST

  In the early trade, the 30-share BSE Sensex climbed 226.11 points to 80,123.45 Meanwhile, the Nifty was also up by 82.1 points to 24,398.05.

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  Union Budget 2024: Insurers seek enhanced tax benefits for health insurance

  July 11, 2024 23:56 IST

  Insurers are calling for increased tax benefits for health insurance, relaxed payment norms for MSMEs, and incentives for the agri-tech sector in the upcoming Union Budget 2024-25. FM Nirmala Sitharaman is set to present the budget on July 23, which will outline the new government's economic agenda.

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  Sensex declines 27 points to settle at 79,897; Nifty dips 8 points to 24,315

  July 11, 2024 23:54 IST

  Benchmark indices Sensex and Nifty closed slightly lower on Thursday due to profit-taking in heavyweight stocks ahead of the announcement of key financial results for the June quarter. The indices saw a rangebound session, with both experiencing early highs before retreating.

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  Dream Budget to Black Budget: Look at some of iconic budgets of India

  July 11, 2024 13:27 IST

  Budget 2024: Finance Minister Nirmala Sitharaman will present her seventh Budget on July 23. This would be the first full budget of Modi 3.0. Let's have an overview of some of the most iconic budgets in India's history.

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  Stock markets update: Sensex surges 245 points, Nifty up by 78 points to 24,402 in early trade

  July 11, 2024 10:30 IST

  In the early trade, the 30-share BSE Sensex climbed 245.32 points to 80,170.09. Meanwhile, the Nifty was also up by 78.2 points to 24,402.65.

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  Union Budget 2024: AiMeD urges government for 15 per cent hike in custom duty on medical devices

  July 11, 2024 9:31 IST

  Finance Minister Nirmala Sitharaman has concluded consultations with various stakeholders, including representatives of industry and social sectors, as part of the budget preparation exercise. Sitharaman will present her seventh Budget on July 23. This would be the first full budget of Modi 3.0.

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  Budget 2024: Tourism industry seeks uniform 12 per cent GST rate on hotels

  July 11, 2024 8:40 IST

  Budget 2024:The current GST rates for hospitality are among the highest globally, making tourism expensive.

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  Budget 2024: PM Modi holds meeting with prominent economists to gather their views, suggestions

  July 11, 2024 13:59 IST

  The first budget of the BJP-led government NDA in its fresh term would be significant with Prime Minister Narendra Modi having stated earlier that the third term will be used to write new chapters of bold decisions. The budget is set to be presented on July 23.

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  ITR filing 2024: File income tax return online from home | Here's a step-by-step guide

  July 11, 2024 7:32 IST

  ITR filing 2024: Experts advise that taxpayers should not wait until the last date to file their Income Tax Returns (ITR). The deadline for filing ITR filing is July 31.

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  Budget: Central govt employees may receive 50 per cent of last drawn salary as pension under NPS

  July 10, 2024 17:21 IST

  In the upcoming 2024–25 budget, the NDA government is considering a significant pension reform for central government employees, potentially offering 50% of the last drawn salary as a pension under the NPS.

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  Budget 2024: Govt may double minimum guaranteed amount under Atal Pension Yojana

  July 10, 2024 12:31 IST

  Budget 2024: Earlier this year, the Pension Fund Regulatory and Development Authority (PFRDA) emphasised the need to increase the guaranteed pension amount, expressing concerns about its adequacy in meeting future needs.

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  Budget 2024: Centre may relax payment rule for MSMEs | DETAILS

  July 10, 2024 10:42 IST

  Finance Minister Nirmala Sitharaman had said the changes, if any, to the rule will have to be done in the full Budget in July under the new government as per the representations submitted by MSMEs.

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  ITR filing 2024: Keep these five things in mind before filing income tax return

  July 10, 2024 8:55 IST

  If your income exceeds the basic exemption limit, you are required to file ITR. For the assessment year 2024-25 (financial year 2023-24), the basic exemption limit is Rs 2.5 lakh for individuals below 60 years of age under the old tax regime and Rs 3 lakh under the new, minimum exemption regime.

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  PM Modi to meet economists, sectoral experts ahead of Union Budget on July 11

  July 09, 2024 21:40 IST

  The Budget will be the first significant economic document of the Modi 3.0 government, expected to outline key reforms and strategies to propel India towards becoming a developed nation by 2047. President Murmu has indicated that the Budget will feature historic steps to accelerate reforms.

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  India registers nearly double employment growth, adds 4.7 crore jobs in 2023-24: RBI

  July 09, 2024 16:51 IST

  According to Reserve Bank of India data, India registered an annual employment growth rate of 6 per cent in the FY 24. Last year, the annual employment growth rate was 3.2 per cent only.

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  Sensex hits new peak at 80,351, Nifty reaches record 24,433

  July 09, 2024 15:50 IST

  The BSE Sensex and NSE Nifty reached new all-time highs on Tuesday, driven by strong performances in the auto and FMCG sectors. The Sensex closed at 80,351.64, up 391.26 points, while the Nifty climbed 112.65 points to settle at 24,433.20.

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  Budget 2024: Industry players suggest govt to simplify tax system, give relief to middle class

  July 09, 2024 13:48 IST

  The industry has urged the Finance Minister to reduce corporate taxes, phase out tax exemptions, and broaden the tax base to promote economic growth.

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  Tomato prices surge to over Rs 80 per kg | Here's why rates skyrocketing

  July 09, 2024 13:33 IST

  Mother Dairy, a leading supplier of fruits and vegetables in Delhi-NCR, is selling tomatoes at Rs 75 per kg through its retail 'Safal' stores. The local vendors are selling at Rs 70-80 per kg.

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  Budget 2024: IMA urges Nirmala Sitharaman to raise health allocation to minimum 2.5 per cent of GDP

  July 09, 2024 12:25 IST

  The first full budget of the BJP-led NDA government in its third successive term will be presented by Finance Minister Nirmala Sitharaman on July 23. The budget session of parliament will start on July 22 and conclude on August 12.

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  Want to know balance of your PF account? Here are 4 easy ways

  July 09, 2024 11:39 IST

  Check PF balance: You don't need to wait until the end of the year for your employer to provide your PF statement to know your PF balance. Here are four quick ways to check your balance.

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  Budget 2024: Govt likely to double Ayushman Bharat coverage, increase insurance amount limit

  July 09, 2024 11:10 IST

  Budget 2024: Ayushman Bharat PM-JAY is the world's largest health insurance scheme, designed to offer free medical treatment up to Rs 5 lakh to over 12 crore economically disadvantaged and vulnerable families, benefiting approximately 55 crore individuals.

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  Stock markets update: Sensex surges 206 points, Nifty up by 53 points to 24,373 in early trade

  July 09, 2024 10:58 IST

  In the early trade, the 30-share BSE Sensex climbed 205.99 points to 80,166.37. Meanwhile, the Nifty was also up by 53 points to 24,373.55.

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  Income Tax assessment year 2024-25: How does your ITR get processed by tax department? Details

  July 08, 2024 17:46 IST

  The last day to file the Income Tax Return (ITR) is July 31. After the returns are filed, the department will verify the claims and subsequently initiate the refunds accordingly. Know about how the ITRs are processed and what steps to take.

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  HDFC Bank system upgrade alert: Services to be impacted on July 13

  July 08, 2024 16:10 IST

  HDFC Bank has scheduled a system upgrade on Saturday, July 13, 2024, from 3:00 AM to 4:30 PM to enhance performance, capacity, and reliability. During these 13.5 hours, certain banking services will be temporarily limited. Customers should plan accordingly to avoid disruptions.

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  ITR filing 2024: How to claim your Income Tax refund? Here's a step-by-step guide

  July 08, 2024 13:17 IST

  ITR filing 2024: The deadline to file an Income Tax Return (ITR) for the assessment year 2024-25 (FY24) is July 31, 2024. Here's a general step-by-step guide to claim your Income Tax refund for the year 2024.