Kotak Mahindra Bank - Should You Buy After The Block Deal?
Equitymaster | Thursday March 24, 2022CPPIB sold its stake via bulk deal today in Kotak Bank and the stock fell more than 3%.
Physical Gold vs Gold Companies: Which Is A Better Investment Option In The Long Run?
Equitymaster | Thursday March 24, 2022One asset offers safety while other offers high return. Which should you choose?
Investors Prefer Equity Funds; Net Outflows In Gold ETFs For Second Straight Month
Press Trust of India | Sunday March 20, 2022, New DelhiGold exchange-traded funds (ETFs) witnessed a net outflow of Rs 248 crore in February, making it the second consecutive month of withdrawals as investors preferred equities over other segments on record SIP flows.
Provident Fund Contributions Above Rs 2.50 Lakh To Be Taxed: 10 Points
Edited by Prashun Talukdar | Thursday March 17, 2022, New DelhiThe Centre has planned to tax Employees Provident Fund (EPF) contributions exceeding Rs 2.50 lakh yearly. For government employees, the limit has been set at a higher end of Rs 5 lakh. Under the set of new Income Tax (I-T) Rules, PF accounts are likely to be divided into two parts -- taxable and non-taxable contribution accounts from April 1, 2022.
Diesel Sales Jump 32.8% In First-Half Of March, As Consumers Stock Up On Fuel Rate Hike Expectations
Edited by Rahul Karunakar | Wednesday March 16, 2022, NEW DELHIIndian state fuel retailers posted robust growth in diesel and petrol sales in the first half of March, preliminary fuel sales data showed on Wednesday, as consumers and dealers topped tanks ahead on likelihood of a fuel price hike.
FM Says Over 8.2 Crore Taxpayers In 2019-20
Press Trust of India | Tuesday March 15, 2022, New DelhiIndia had 8.22 crore taxpayers, which include individuals and corporates, in 2019-20, Finance Minister Nirmala Sitharaman informed the Rajya Sabha on Tuesday.
Retirement Fund Body EPFO Cuts Interest Rates To Lowest In Over 40 Years: 10 Points
Edited by Prashun Talukdar | Monday March 14, 2022, New DelhiEmployees' Provident Fund Organisation (EPFO) has reduced interest rates to the lowest in more than 40 years for the current financial year. On Saturday, the retirement fund body had decided to reduce the interest on provident fund (PF) deposits for 2021-22 to 8.1 per cent from 8.5 per cent in the previous fiscal, 2020-21.
Provident Fund Rate Cut To 4-Decade Low, Minister Cites Market Situation
Reported by Himanshu Shekhar Mishra, Edited by Animesh Singh | Saturday March 12, 2022Employees' provident fund interest rate for 2021-22 has been slashed from the existing 8.5 per cent to 8.1 per cent
LPG Cylinder Price, Banking Rules: Big Changes In March
Edited by Amit Chaturvedi | Tuesday March 01, 2022The final month of the current financial year has started. On the first day of March, several changes have come into effect which will affect the day-to-day lives of people. Among the important changes is revision in the price of commercial LPG cylinders.
Banks To Remain Closed For 13 Days In March. See Full List
Edited by Amit Chaturvedi | Tuesday March 01, 2022According to Reserve Bank of India list, the number of holidays has been fixed at seven in the coming month. The rest are weekend holidays.
EPFO Adds 14.6 Lakh Subscribers In December 2021
Edited by Animesh Singh | Sunday February 20, 2022, New DelhiEPFO added 14.6 lakh subscribers on a net basis in December 2021, an increase of 16.4 per cent compared to corresponding period of last year
4.5 Crore Income Tax Returns Processed Out Of 6.2 Crore Filed For 2020-21
Edited by Animesh Singh | Wednesday February 16, 2022, New DelhiIncome tax department on Wednesday said that more than 4.50 crore ITRs have been processed so far out of the total 6.26 crore ITRs filed for 2020-21
Income Tax Refunds Of Rs 1.71 Lakh Crore Issued Till February 14
Asian News International | Wednesday February 16, 2022, New DelhiThe Central Board of Direct Taxes (CBDT) has issued tax refunds of Rs 1.71 lakh crore to nearly two crore taxpayers in the current financial year till February 14, the Income Tax Department said on Wednesday.
EPFO Board To Decide Interest Rate On Deposits For 2021-22 Next Month
Edited by Animesh Singh | Sunday February 13, 2022, New DelhiEPFO's board of trustees will decide the interest rate on employees' provident fund deposits for 2021-22 in its meeting scheduled for next month
Taxpayers Can File Only One Updated Return In An Assessment Year: Government
Press Trust of India | Wednesday February 09, 2022, New DelhiA taxpayer would be permitted to file only one updated return for an assessment year, chairman of CBDT, J B Mohapatra said
