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 […]
Higher EPS pension calculator: How to use it, calculate the amount payable for higher pension
The Employees’ Provident Fund Organisation (EPFO) has finally released an Excel-based calculator for employees who want to opt for a higher pension from the Employees’ Pension Scheme (EPS). The calculator helps an employee to estimate the amount of money he/she has to pay now if they opt for a higher EPS pension before the deadline […]
How to change name in PAN card as per Aadhaar details
The PAN card is vital and is used for tax administration, identity verification, etc,. For the purpose of filing your income tax returns, the distinctive ten-digit alphanumeric character is very important. On our documents, names are frequently spelt somewhat differently or due to spelling errors, mismatch with the name in our Aadhaar. Additionally, people occasionally […]
Income tax return: How taxation rules apply to your ITR refund?
The last date for filing income tax returns (ITR) earned in the 2022-23 fiscal is July 31 for salaried taxpayers. However, it is essential to file the return as soon as possible so that an earning individual might receive an ITR refund as soon as possible. Is your income tax refund taxable? Some people think […]