Fixed Deposits
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Gujarat Man Beats Bank Manager Over Tax Deduction On Fixed Deposit
Jaiman Rawal, the customer, was reportedly disappointed over the increased tax deduction on a fixed deposit.
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New Rules From September: 5 Key Financial Deadlines That Will Impact You
New Rules From September: Take note of these 5 changes in September 2024, including the Aadhaar free update and credit card changes.
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Adopted Son Kills Mother For Her Money, Buries Body In Bathroom: Cops
A 24-year-old man allegedly killed his mother and buried her in the bathroom of his house in Madhya Pradesh's Sheopur district to get his hands on Rs 30 lakh she had in a fixed deposit, police said on Friday.
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Housing Scam: Assets Worth Rs 30 Crore Seized After Raids At 22 Locations
The Directorate of Enforcement (ED) said it seized cash and froze bank balances and fixed deposits of a total worth of Rs 30 crore in raids at 22 locations linked to builder Lalit Tekchandani and his other associates in a money laundering case.
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Assets Of Forest Officer Worth Over 2 Crore Attached In Money Laundering Case
Agricultural land, bank balances and fixed deposits worth more than Rs 2 crore of IFS officer Neeharika Singh have been provisionally attached under the anti-money laundering law in a probe linked to alleged investment fraud, the ED said.
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Probe Agency Freezes Rs 41.9 Crore Assets Of Tamil Nadu Minister
The Enforcement Directorate (ED) on Tuesday said it has frozen assets worth Rs 41.9 crore kept in fixed deposits of Tamil Nadu Education Minister K Ponmudi and his son in connection with a money laundering case linked to alleged illegal sand mining.
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After Mega Merger Today, HDFC Bank Will Have Assets Of Rs 18 Lakh Crore
Housing finance major HDFC will merge with its subsidiary HDFC Bank on Saturday as their respective boards have cleared the proposal on Friday.
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Provident Fund Body EPFO Fixes 8.15% Interest Rate For 2022-23
Retirement fund body EPFO (Employees' Provident Fund Organisation) fixed 8.15 per cent rate of interest on employees' provident fund (EPF) deposits for 2022-23 at its meeting today.
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Chasing Customers, Banks Offer Inflation-Beating Deposit Rate Of 8%
As banks' chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now.
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Bajaj Finance's Fixed Deposit Rates Increased Up To 25 Basis Points
For terms between 12 months and 24 months, Bajaj Finance is raising interest rates by up to 25 bps in an effort to entice more investors to choose this alluring investment choice.
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Court Frees Xiaomi's Rs 3,700 Crore Deposits, Quashes Income Tax Order
In a major relief to Xiaomi Technology India Pvt Ltd, the Karnataka High Court has set aside Income Tax's seizure order of Rs 3,700 crore of the company's fixed deposits.
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Court Removes $448 Million Block On Xiaomi's Deposits In India: Report
A court has quashed the income tax department's block on China-based Xiaomi Corp's fixed deposits worth Rs 37 billion, two people familiar with court proceedings said today.
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HDFC Bank Raises Deposit Rates, Joins Other Major Banks To Boost Deposits
HDFC Bank Ltd, India's top private lender, raised most of its retail fixed deposit rates by 40-75 basis points (bps).
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Probe Agency Attaches Rs 1.62 Crore Assets Of Kerala Ex-Bureaucrat
Properties and fixed deposits worth Rs 1.62 crore of a former Kerala cadre IAS officer have been attached under the anti-money laundering law in a case of alleged possession of disproportionate assets, the Enforcement Directorate said today.
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Probe Agency Seizes Rs 16 Crore Fixed Deposits Of Hyderabad-Based Firm
Fixed deposits worth Rs 16 crore belonging to a Hyderabad-based company that provides seismic survey services to oil exploration companies in India and abroad have been seized for an alleged violation of the foreign exchange law.
-
Gujarat Man Beats Bank Manager Over Tax Deduction On Fixed Deposit
Jaiman Rawal, the customer, was reportedly disappointed over the increased tax deduction on a fixed deposit.
-
New Rules From September: 5 Key Financial Deadlines That Will Impact You
New Rules From September: Take note of these 5 changes in September 2024, including the Aadhaar free update and credit card changes.
-
Adopted Son Kills Mother For Her Money, Buries Body In Bathroom: Cops
A 24-year-old man allegedly killed his mother and buried her in the bathroom of his house in Madhya Pradesh's Sheopur district to get his hands on Rs 30 lakh she had in a fixed deposit, police said on Friday.
-
Housing Scam: Assets Worth Rs 30 Crore Seized After Raids At 22 Locations
The Directorate of Enforcement (ED) said it seized cash and froze bank balances and fixed deposits of a total worth of Rs 30 crore in raids at 22 locations linked to builder Lalit Tekchandani and his other associates in a money laundering case.
-
Assets Of Forest Officer Worth Over 2 Crore Attached In Money Laundering Case
Agricultural land, bank balances and fixed deposits worth more than Rs 2 crore of IFS officer Neeharika Singh have been provisionally attached under the anti-money laundering law in a probe linked to alleged investment fraud, the ED said.
-
Probe Agency Freezes Rs 41.9 Crore Assets Of Tamil Nadu Minister
The Enforcement Directorate (ED) on Tuesday said it has frozen assets worth Rs 41.9 crore kept in fixed deposits of Tamil Nadu Education Minister K Ponmudi and his son in connection with a money laundering case linked to alleged illegal sand mining.
-
After Mega Merger Today, HDFC Bank Will Have Assets Of Rs 18 Lakh Crore
Housing finance major HDFC will merge with its subsidiary HDFC Bank on Saturday as their respective boards have cleared the proposal on Friday.
-
Provident Fund Body EPFO Fixes 8.15% Interest Rate For 2022-23
Retirement fund body EPFO (Employees' Provident Fund Organisation) fixed 8.15 per cent rate of interest on employees' provident fund (EPF) deposits for 2022-23 at its meeting today.
-
Chasing Customers, Banks Offer Inflation-Beating Deposit Rate Of 8%
As banks' chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now.
-
Bajaj Finance's Fixed Deposit Rates Increased Up To 25 Basis Points
For terms between 12 months and 24 months, Bajaj Finance is raising interest rates by up to 25 bps in an effort to entice more investors to choose this alluring investment choice.
-
Court Frees Xiaomi's Rs 3,700 Crore Deposits, Quashes Income Tax Order
In a major relief to Xiaomi Technology India Pvt Ltd, the Karnataka High Court has set aside Income Tax's seizure order of Rs 3,700 crore of the company's fixed deposits.
-
Court Removes $448 Million Block On Xiaomi's Deposits In India: Report
A court has quashed the income tax department's block on China-based Xiaomi Corp's fixed deposits worth Rs 37 billion, two people familiar with court proceedings said today.
-
HDFC Bank Raises Deposit Rates, Joins Other Major Banks To Boost Deposits
HDFC Bank Ltd, India's top private lender, raised most of its retail fixed deposit rates by 40-75 basis points (bps).
-
Probe Agency Attaches Rs 1.62 Crore Assets Of Kerala Ex-Bureaucrat
Properties and fixed deposits worth Rs 1.62 crore of a former Kerala cadre IAS officer have been attached under the anti-money laundering law in a case of alleged possession of disproportionate assets, the Enforcement Directorate said today.
-
Probe Agency Seizes Rs 16 Crore Fixed Deposits Of Hyderabad-Based Firm
Fixed deposits worth Rs 16 crore belonging to a Hyderabad-based company that provides seismic survey services to oil exploration companies in India and abroad have been seized for an alleged violation of the foreign exchange law.
