Considering that Income Tax Return (ITR) is filed once in 12 months, there is a high chance of people forgetting their e-filing password. Even though every employee is liable to pay a certain part of his or her salary or income from other sources, to the Income Tax Department, there are certain methods through which […]
At 9:28 am, the 30-share Sensex traded at 35,878.61, down 51.03 points or 0.14 per cent. Amid weak global cues, the domestic equity markets traded in the negative zone ahead of a crucial meeting of the Reserve Bank of India Board. The S&P BSE Sensex started at 35,960.19 and the Nifty50 barometer of the National […]
Banks could remain shut for 5-days in December: Details here Your bank related work could take a hit for a few days in December as officials are likely to go on strike. The days from December 21 to December 26 will affect offline banking services as banks will remain shut. Two bank unions have called […]
“When you are growing at 7%, that environment is quite forgiving, because it allows for a lot of these unorthodox things to happen,” said S&P. LONDON: India’s rapid economic growth will be enough to offset worries about the independence of its central bank and keep its credit rating in the coveted investment grade bracket, S&P […]
Soon, Aadhaar details will be optional for bank accounts, SIM-cards On the first day of the Winter Session of the Parliament, the Modi government has decided to make Aadhaar details optional for those applying for new mobile connections and those opening new bank accounts. A cabinet note seeking requisite amendments to the Aadhaar Act, 2016 […]
Income tax return (ITR) filing: Taxes form a major part of the outgo for any salaried employee. However, not everyone has to pay taxes and file for Income Tax Return. Yet, it can be said that a majority of working class people are liable to pay taxes. To make tax compliance easier for taxpayers, the […]
In the midst of Assembly election results today, there is another development taking place in the markets! After the shock exit of Urjit Patel, Prime Minister Narendra Modi is looking to grab back the initiative to quickly control the situation that was deteriorating fast. This has served to calm down investors. And what is this […]
RBI’s institutional capabilities are very strong, will do whatever required for economy: Rajiv Kumar
The functioning of the central bank not dependent on any particular individual, he says A day after Urjit Patel resigned as Reserve Bank of India (RBI) Governor, Niti Aayog vice-chairman Rajiv Kumar on Tuesday said the central bank’s institutional capabilities are ‘very strong’ and it will do whatever is required for the markets and economy. […]
Facebook-owned WhatsApp messaging platform which recently launched ‘WhatsApp for Business’ service, and Payments feature allows you to carry out financial transactions using a software interaction. This feature allows banks to have a direct relationship with the customers on a real-time basis. As part of making use of this feature and making banking mobile-friendly, Kotak Mahindra […]
A Chinese court has ordered a ban on the sale of several older Apple Inc iPhone models in China for violating two patents of chipmaker Qualcomm Inc, although Apple said all of its phone models remained on sale in the mainland. The case, brought by Qualcomm, is part of a global patents dispute between the […]