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Kotak Mahindra Bank - Should You Buy After The Block Deal?

Kotak Mahindra Bank - Should You Buy After The Block Deal?

Equitymaster | Thursday March 24, 2022

CPPIB 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?

Physical Gold vs Gold Companies: Which Is A Better Investment Option In The Long Run?

Equitymaster | Thursday March 24, 2022

One 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

Investors Prefer Equity Funds; Net Outflows In Gold ETFs For Second Straight Month

Press Trust of India | Sunday March 20, 2022, New Delhi

Gold 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

Provident Fund Contributions Above Rs 2.50 Lakh To Be Taxed: 10 Points

Edited by Prashun Talukdar | Thursday March 17, 2022, New Delhi

The 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

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 DELHI

Indian 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

FM Says Over 8.2 Crore Taxpayers In 2019-20

Press Trust of India | Tuesday March 15, 2022, New Delhi

India 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

Retirement Fund Body EPFO Cuts Interest Rates To Lowest In Over 40 Years: 10 Points

Edited by Prashun Talukdar | Monday March 14, 2022, New Delhi

Employees' 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

Provident Fund Rate Cut To 4-Decade Low, Minister Cites Market Situation

Reported by Himanshu Shekhar Mishra, Edited by Animesh Singh | Saturday March 12, 2022

Employees' 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

LPG Cylinder Price, Banking Rules: Big Changes In March

Edited by Amit Chaturvedi | Tuesday March 01, 2022

The 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

Banks To Remain Closed For 13 Days In March. See Full List

Edited by Amit Chaturvedi | Tuesday March 01, 2022

According 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

EPFO Adds 14.6 Lakh Subscribers In December 2021

Edited by Animesh Singh | Sunday February 20, 2022, New Delhi

EPFO 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

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 Delhi

Income 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

Income Tax Refunds Of Rs 1.71 Lakh Crore Issued Till February 14

Asian News International | Wednesday February 16, 2022, New Delhi

The 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

EPFO Board To Decide Interest Rate On Deposits For 2021-22 Next Month

Edited by Animesh Singh | Sunday February 13, 2022, New Delhi

EPFO'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

Taxpayers Can File Only One Updated Return In An Assessment Year: Government

Press Trust of India | Wednesday February 09, 2022, New Delhi

A taxpayer would be permitted to file only one updated return for an assessment year, chairman of CBDT, J B Mohapatra said