Business News India
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Unified Pension Scheme, NPS or Old Pension Scheme: Which one is more beneficial? | Know here
Business | Aug 25, 2024, 08:15 AM ISTUnified Pension Scheme: The central government on August 24 approved the Unified Pension Scheme (UPS) which provides for Assured Pension and Assured Family Pension. As per the govt, about 23 lakh employees of the central government would benefit from the Unified Pension Scheme (UPS).
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India's foreign exchange reserves jump by USD 4.546 billion to USD 674.664 billion
Business | Aug 23, 2024, 09:40 PM ISTBusiness news: Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
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Which bank is charging how much for not maintaining minimum balance? Check details here
Business | Aug 14, 2024, 04:23 PM ISTThe Average Minimum Balance (AMB) is the minimum amount that must be maintained in your savings account to avoid being charged for non-maintenance.
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Retail inflation declines to 3.54 per cent in July, lowest in nearly five years
Business | Aug 12, 2024, 06:32 PM ISTIndia's retail inflation eased to 3.54 per cent in July, falling below the Reserve Bank of India's 4 per cent target for the first time in years.
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Want to do FD? Know which govt bank offers highest interest rate on fixed deposits
Business | Aug 11, 2024, 05:56 PM ISTThe Reserve Bank of India (RBI) has decided to keep the repo rate unchanged. As a result, banks are offering higher interest rates on fixed deposits (FDs). This is an excellent opportunity to secure attractive returns on FDs.
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What should you do if you get an income tax notice after ITR filing? Know here
Business | Aug 06, 2024, 04:42 PM ISTITR 2024: The Income Tax Department sends notices to taxpayers under various sections of the Income Tax Act, 1961.
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ITR 2024: Waiting on your income tax refund? Here's when you can expect money
Business | Aug 03, 2024, 11:23 AM ISTITR 2024: The process of issuing income tax refunds begins only after the taxpayer e-verifies their return. The deadline for filing Income Tax Returns (ITR) was July 31, 2024.
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Due date to file income tax returns extended till August 31? Here's what we know
Business | Jul 31, 2024, 12:08 PM ISTMore than 5 crore Income Tax Returns (ITRs) have been filed on the e-filing portal so far this fiscal year, the income tax department said on July 27. The figure is 8 per cent more than what it was last year.
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ITR alert: Don't forget to claim these four deductions to reduce tax while filing return
Business | Jul 21, 2024, 09:35 AM ISTITR filing 2024: Reduce your tax liability by claiming eligible deductions when filing your income tax return (ITR). However, if you forget to claim these deductions, you won’t be able to claim them in the next financial year.
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ITR Filing: How much fine you will have to pay for late filing of income tax returns? Know rules
Business | Aug 17, 2026, 03:50 PM ISTITR Filing 2024: The deadline for filing income tax returns (ITR) is typically 31st July each year. However, if you miss this deadline, you can still file a belated ITR by December 31 of the assessment year, but with a penalty.
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Govt implements uniform 5 per cent tax on all aircraft, engine parts to boost domestic MRO industry
Business | Jul 16, 2024, 07:29 AM ISTThe decision, which comes into force with immediate effect, marks a significant milestone for the domestic Maintenance, Repair, and Overhaul (MRO) industry, aimed at making India a global aviation hub.
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ITR Filing 2024: Why is it crucial to verify Income Tax Return? Check time limit
Business | Aug 17, 2026, 03:23 PM ISTITR Filing 2024: The Income Tax Department has informed taxpayers that under the Income Tax (IT) Act, 1961, delays in verification can lead to penalties.
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ITR filing 2024: File income tax return online from home | Here's a step-by-step guide
Business | Jul 11, 2024, 07:32 AM ISTITR 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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ITR filing 2024: Keep these five things in mind before filing income tax return
Business | Jul 10, 2024, 08:55 AM ISTIf 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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Tomato prices surge to over Rs 80 per kg | Here's why rates skyrocketing
Business | Jul 09, 2024, 01:33 PM ISTMother 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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ITR filing 2024: How to claim your Income Tax refund? Here's a step-by-step guide
Business | Jul 08, 2024, 01:17 PM ISTITR 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.
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Sensex crosses 80,000 for first time, Nifty hits record high in early trade
Business | Jul 03, 2024, 10:02 AM ISTAmong the Sensex pack, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Bajaj Finance, IndusInd Bank, Bharti Airtel and Nestle were the biggest gainers. Tata Consultancy Services, Sun Pharma, Infosys and Tata Motors were among the laggards.
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India's foreign exchange reserves jump by USD 816 million to USD 653.71 billion
Business | Jun 28, 2024, 05:44 PM ISTThe apex bank said gold reserves increased by USD 988 million to USD 56.956 billion during the week. The Special Drawing Rights were down by USD 57 million to USD 18.049 billion.
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Market closing update: Sensex halts record-breaking rally, down by 269 points
Market | Jun 21, 2024, 04:34 PM ISTMarket closing update: Rallying for the sixth straight session, the BSE benchmark Sensex climbed 141.34 points or 0.18 per cent to settle at a new closing peak of 77,478.93. The Nifty rose 51 points or 0.22 per cent to settle at its fresh closing high of 23,567.
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Mumbai and Delhi in top 5 cities globally in housing price rise, Bengaluru's spot improves: Report
Business | Jun 13, 2024, 06:41 PM ISTManila is at first position with a 26.2 per cent annual growth in prices, followed by Tokyo at 12.5 per cent.