How is income from house property taxed in India for NRIs or non-resident Indians? Are there any distinct regulations that NRIs must adhere to, and what is the procedure for calculating taxable income from house property for NRIs? There are no separate rules for taxation of house property in India for residents and non-residents. Taxation […]
HDFC Bank hikes these loan interest rates by up to 15 bps: EMIs to go up
HDFC Bank has increased the benchmark marginal cost of funds-based lending rates (MCLR) by up to 15 basis points. The new rates are effective from June 7, 2023, according to the HDFC Bank website. Latest MCLR The bank’s overnight MCLR is raised by 15 bps to 8.10%The one-month MCLR of HDFC Bank has increased by […]
NPS withdrawal rule set to change: Soon you can opt for periodic withdrawal instead of lump sum
National Pension System (NPS) subscribers are expected to get the Systematic Lumpsum Withdrawal (SLW) option by the end of this quarter, Deepak Mohanty, chairman of Pension Fund Regulatory and Development Authority (PFRDA), told ET Wealth. The Systematic Lumpsum Withdrawal feature will allow NPS subscribers to opt for periodic withdrawal — either monthly, quarterly, half-yearly, or […]
Banks can now issue RuPay pre-paid forex cards: RBI Governor
Reserve Bank of India (RBI) Shaktikanta Das on Thursday announced that banks can now issue RuPay pre-paid forex cards. With this, the RBI also announced to expand the scope of an e-rupee voucher. To let this happen, non-bank companies could issue such instruments independently. MPC announced to keep repo rate at 6.5%. Standing Deposit Facility […]
Google Pay now supports Aadhaar-based UPI activation
Google has collaborated with NCPI to enable Aadhaar based UPI activation on Google Pay. Google has partnered with the National Payments Corporation of India (NPCI) to enable Aadhaar-based authentication for UPI activation to further ease the user onboarding process on Google Pay. According to Unique Identification Authority of India (UIDAI), 99.99% of adults in India […]
WhatsApp rolling out ability to send HD photos on iOS and Android
WhatsApp is testing a new feature that lets users choose if they want to share images in standard or high resolution. Here’s how it works. WhatsApp is one of the few apps that is constantly updated with new features. Now, the Meta-owned platform seems to be testing another feature that lets users share photos with […]
13 key factors to consider before filing income tax returns
In this article, we explore essential considerations to keep in mind prior to filing your income tax return. Before filing your income tax return, it’s essential to be well-informed about the process. Most tax filing sites (ERIs) that are registered with the Income-tax Department (ITD) will now ask you for an OTP which will help […]
IRCTC 2023 Jobs Recruitment Notification of GGM/Services Posts
Indian Railway Catering and Tourism Corporation 2023 Jobs Recruitment Notification. IRCTC inviting applications for the positions of Group General Manager/Services. Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 03rd July, 2023. No.of Posts and Vacancies :- Group General Manager/Services – Various Posts Job Location – New […]
SBI 2023 Jobs Recruitment Notification of SSE, VP Posts
State Bank of India 2023 Jobs Recruitment Notification. SBI inviting applications for the positions of Senior Special Executive, Vice President. Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 21st June, 2023. No.of Posts and Vacancies :- Senior Special Executive, Vice President – 09 Posts Job Location […]
Patna-Ranchi Vande Bharat Express likely to begin operation in June. Check more details here
Indian Railways is all set to flag off Bihar’s first Vande Bharat Express in June month. The trial run of the train is expected to begin in the next two days after its seven coaches reached Patna railway junction on Tuesday. After reaching Patna Junction, the train was brought to Rajendra Nagar Terminal’s coach complex, […]