Many applications have been filed in the Supreme Court seeking to start contempt of court action against Reserve Bank of India (RBI) Governor Shaktikanta Das, Chief Executive of Indian Banks Association (IBA) and others for allegedly violating a high court order, announcing the appellants’ account as Non Performing Assets (NPA) on the issue of suspension. …
The Central Board of Direct Taxes (CBDT) has introduced new income tax return (ITR) forms for the 2021-22 exam year on Thursday. The country’s top tax official said no significant changes had been made to ITR forms compared to last year to help taxpayers due to the ongoing crisis over the COVID epidemic. Only with …
CBDT introduces new ITR forms AY 2021-22, unchanged submission process Read More »
Prices for gold fell on the fourth straight day by Rs 42 to Rs 47,017 per 10 grams in the Mumbai grocery market in silenced global trends. Investors were cautious ahead of US August Inflation data to be released later in the day that could give clues to the Federal Reserve’s decision to lower its …
Cryptocurrency seems to be on everyone’s lips these days. This could be attributed to the sudden surge in the price of digital assets and a flurry of ads featuring your Bollywood superstar telling you crypto is the future. But, how do you get into it and start investing in cryptocurrencies to book some quick profit? …
Edible Oil Prices: Amid the global market slump, oil prices fell on Wednesday. Most oilseed prices including mustard, groundnut, soybean oilseed, CPO, cottonseed and palmolein oil recorded declines in the Delhi oilseed market on Wednesday. Traders said the Malaysian Stock Exchange is down nearly 8%, while the Chicago Stock Exchange is currently down 3.5%. The …
Ahead of the GST Council meeting, Congress-led Punjab called for a reduction in tax on life-saving items for COVID-19 treatment and the implementation of pending reforms, including tax review and exemptions, body dispute resolution and measures to address provincial shortcomings. In a letter to Finance Minister Nirmala Sitharaman, head of the GST Council comprising representatives …
On May 5, Tata Steel posted consolidated profit of Rs 6,644.1 crore for the quarter ended March 2021, which was in line with analysts’ expectations and operating performance. The company reported a loss of Rs 1,481.3 crore in the year-ago quarter. However, analysts’ expectations were missed due to higher tax rates and lower other incomes. …
Home loan interest rates cross 9% mark Direct effect of the rising repo rate has been on the home loan interest rates. Here’s what you can do The Reserve Bank of India (RBI) has increased the repo rate, which is the rate at which banks borrow from the Central Bank, by 2.25 percentage point to …
Home loan interest rates cross 9% mark! Here are 6 tips to save money on your loan Read More »
Mumbai: In a last hike in three months, the state city gas company Mahanagar Gas raised the price of compressed natural gas (CNG) by Rs 2 per kg in Mumbai from December 17 at midnight. More than 8 lakh of consumers will be affected as a result of the increase, including more than 3 lakh …
The all-powerful, at MOST, the Board of directors, which is chaired by finance Minister Nirmala Sitharaman will meet on the 12th of June to decide on whether to reduce the GST rate for COVID essentials-black and fungal medication, according to the officials.At the time of the previous meeting on the 28th of May, the Council …
GST Council to meet on June 12 to discuss tax cut on COVID essentials Read More »
