Mera Paisa
Clues by Admin • 26 Jun 2018, Tuesday
The government is considering a hike in the minimum pension provided under the Employees' Pension Scheme, which is managed by the Employees' Provident Fund Organisation (EPFO). The minimum pension may be raised from the current Rs 1,000 per month to Rs 2,000 ... Continue Reading
Read More at Business Today
Clues by Admin • 12 Jun 2018, Tuesday
The government is considering a proposal to raise the pension limit under Atal Pension Yojana (APY) to up to Rs 10,000 per month from the existing slab of up to Rs 5,000, a top official said today. There is a need to ... Continue Reading
Read More at The Financial Express
Clues by Admin • 5 Jun 2018, Tuesday
The first instalment of advance tax to the government is due by 15th June, 2018. The Income Tax Department has warned taxpayers that “short/ non-payment or deferment of advance tax payment will result in levy of interest.” Advance tax ... Continue Reading
Read More at The Financial Express
Clues by Admin • 31 May 2018, Thursday
The country’s largest lender State Bank of India (SBI) has hiked retail fixed deposit rates by up to 25 basis points across select tenures. One basis point is one-hundredth of a percentage point. A fixed deposit of less than ... Continue Reading
Read More at Livemint
Clues by Admin • 23 May 2018, Wednesday
HDFC Bank has announced a tie-up with CAMS to launch its digital loan scheme. With this, people can pledge their mutual fund assets online and get the overdraft limit set in their account within three minutes. According to the bank, ... Continue Reading
Read More at The Financial Express
Clues by Admin • 16 May 2018, Wednesday
The Income Tax Department on Tuesday released Form ITR-2 for assessment year 2018-19, on the official e-filing portal. The ITR-2 is used by individuals and Hindu Undivided families (HUFs), including NRIs, who have income from any sources except income from ... Continue Reading
Read More at Hindustan Times
Clues by Admin • 10 May 2018, Thursday
Income Tax Return (ITR) Form-4 for Assessment Year 2018-19 has been released by CBDT. Form ITR-4, commonly known as Sugam, is applicable to individuals and Hindu Undivided Families (HUFs) who have opted for presumptive taxation scheme for income earned from ... Continue Reading
Read More at The Economic Times
Clues by Admin • 5 May 2018, Saturday
Following on the heels of State Bank of India and HDFC Bank, Axis bank raised its deposit rates by 35 bps to 7.1% for FDs maturing between 12-14 months. All deposits of under Rs 1 crore with longer maturities will earn 7%. Rates on ... Continue Reading
Read More at The Financial Express
Clues by Admin • 4 May 2018, Friday
Data from RBI shows that bank deposits grew by a mere 6.7% in 2017-18 to hit a five decade low since 1963. Bankers attribute this decline to other investment avenues preferred by the depositors. Bankers also claimed that deposits grew exceptionally high ... Continue Reading
Read More at The Economic Times
Clues by Admin • 2 May 2018, Wednesday
Under reporting or misreporting of income can lead to penalty under section 270A of the Income Tax Act. For instance, non filing of return even if income exceeds the basic exemption limit, will be considered as a case of under-reporting. ... Continue Reading
Read More at The Financial Express
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