India’s bad loans may be at a decadal low, but nearly 10% of retail borrowers are missing monthly payments, the Reserve Bank of India has flagged in its latest financial stability report. These borrowers manage to keep their accounts from slipping into non-performing assets (NPAs) with some payments before the 90-day deadline. Moreover, an inflation […]
Indian Army 2023 Jobs Recruitment Notification of JAG Entry Scheme 32nd Course Posts
Indian Army 2023 Jobs Recruitment Notification. Indian Army inviting applications for the positions of JAG Entry Scheme 32nd Course (Men and Women). Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 21st July, 2023. No.of Posts and Vacancies :- JAG Entry Scheme 32nd Course (Men and Women) […]
Income Tax Return (ITR) filing: Exemptions and deductions that senior citizens can claim
India’s income tax law provides several tax benefits for senior citizens. A resident Indian who is 60 years of age or older is considered a senior citizen. Only residents of the country can avail of these special benefits. For these citizens, there are income tax benefits available under payment of advance tax, standard deduction, deductions […]
LIC Mutual Fund: Company expects big business from this segment of India
With over three decades of experience, LIC Mutual Fund, focuses on ethical principles and good corporate governance. They aim to penetrate tier 2, 3, and 4 cities and educate investors about the importance of mutual funds. Despite recent headwinds, they believe the Indian equity market has support on the downside and upside potential depends on […]
PPF interest rate hike: Will your Public Provident Fund account yield more in coming quarter?
Public Provident Fund (PPF) interest rate: The interest rates of small savings schemes are due for revision today, 30 June 2023. People are wondering whether the govt will hike the interest rate of the Public Provident Fund (PPF) in the July-September quarter as PPF interest rates have remained unchanged since April 2020. At present your […]
Twitter’s new CEO Linda Yaccarino implements strategies to attract advertisers and revitalize platform: Report
Linda Yaccarino, the new CEO of Twitter, is implementing a range of strategies to attract back advertisers who abandoned the platform during Elon Musk’s tenure, reported Financial Times (FT). These measures include the introduction of a video advertising service, actively pursuing additional celebrities to join the platform, and expanding the company’s workforce. According to the […]
Byju’s delayed PF payments: What EPFO rule says when employer fails to deposit contribution in EPF account
In recent days, Byju’s has been in the headlines for all the wrong reasons. the Bengaluru-based ed-tech startup faced flak for firing people in large numbers, and not paying its employees the provident fund for months. As per media reports, Byju’s has cleared 97% ( ₹123.1 crore) of dues after the EPFO probe into delayed […]
PAN-Aadhaar linking failed? These three reasons can lead to failure, says income tax department. Read here
The income tax department has alerted PAN card holders regarding a few reasons which can cause failure while linking Aadhaar with PAN. The deadline to link Aadhaar and Permanent Account Number (PAN) by paying a fine of ₹1,000 is 30 June 2023. This means people now have only four days left to complete the linking […]
Bank holiday in July 2023: Banks to remain closed for 15 days. Check full list here
Bank holiday in July 2023: Banks will remain closed for as many as fifteen days in the month of July 2023. These holidays includes Second and fourth Saturdays as well as Sundays, according to the Reserve Bank of India (RBI) holiday calendar. Of these, eight holidays are listed under the Holidays Under Negotiable Instruments Act, […]
ITR filing: Three changes in income tax return forms for FY 2022-23 (AY2023-24)
The income-tax return filing season is upon us, and many taxpayers are now gearing up to file their tax returns for the financial year ending 2022-23. A few changes have been made to the ITR forms this year (as compared to last year) which taxpayers should know before starting to file. Here is a look […]