Top 5 tax-saving bank FDs: When choosing a bank for a tax-saving FD, it is essential to compare interest rates offered by different banks rather than simply opting for the bank where you have a savings account.
Celkon Resolute and ZTE Telecom's JV will revolutionize infrastructure with advanced WiFi 6 routers, enhancing urban environments globally with high-end technologies.
Income Tax Return Filing AY 2024-25: The deadline for filing ITR for the current assessment year is July 31, 2024, for individuals who are not required to undergo an income tax audit for FY 2023-24.
Post office savings schemes latest interest rates: The government has maintained small savings scheme interest rates for July-September 2024, including schemes like PPF and SCSS.
Global brokerages and domestic firms have expressed positive sentiments towards Reliance Industries following Jio's tariff hikes. Global brokerage firms such as Morgan Stanley and Jefferies predict an upside potential of up to 15% in Reliance's stock.
Gabriel Zucman's proposal for a global minimum tax on the ultra-rich gains momentum, supported by public opinion and international efforts to address economic inequality through progressive taxation and enhanced global tax cooperation.
MEIL secured a major contract in the nuclear energy sector, marking a significant milestone. They outbid top competitors for the project in Karnataka, emphasizing their commitment to excellence and India's self-reliance in clean energy. The rigorous evaluation process and excitement for contributing to India's energy future were key highlights.
German engineering group Robert Bosch is weighing a bid for US appliances manufacturer Whirlpool, according to three people familiar with the matter, a move that would boost its position in the household appliances market. Bosch has been talking to potential advisers about the possibility of making an offer for Whirlpool, which has a market capitalisation of about $4.8 billion, one of the sources said. Whirlpool has lost almost 50% of its market value over the past two years.
Budget 2024 income tax expectations: Like every year, salaried individuals are looking at FM Sitharaman to provide tax relief in the form of reduced tax rates, changed income tax slabs and even higher deductions.
Yes Bank is aiming to reduce expenses by focusing on digital banking and minimizing manual processes. The ongoing restructuring initiative is also expected to contribute to lowering the bank's operational costs.
Adani Group's airport business, managed by Adani Airport Holdings, a wholly owned subsidiary, currently operates seven airports across India, including those in Mumbai, Lucknow, Ahmedabad, Jaipur, Guwahati, Thiruvananthapuram, and Mangalore.
As the Republican Party's prospects improve and its leader increasingly embraces a pro-crypto stance, cryptocurrency may become the main "Trump Trade" during the current election cycle, according to Bernstein analysts Gautam Chhugani and Mahika Sapra in a report released on Monday. The Republican Party views a positive position on the crypto industry as a means to attract voters and secure campaign funding from super PACs that support pro-crypto politicians. The analysts suggest that a Trump victory in the upcoming election would result in a cryptocurrency rally.
At Adani Enterprises' Annual General Meeting on Monday, Gautam Adani said, “Typical short sellers target gains from financial markets. This was different. It was a two-sided attack – a vague criticism of our financial standing and, at the same time, an information distortion campaign, dragging us into a political battlefield.”
The finance ministry is exploring raising the standard deduction for income taxpayers. The NDA govt is cautious about changing the capital gains mechanism. Discussions for the Budget are underway with finance minister Nirmala Sitharaman. The overall mood indicates that most wings of govt are in favour of offering concessions to taxpayers, especially the middle class.
Canara Bank's official Twitter account was compromised, urging customers to avoid using it until the issue is resolved.
Union Finance Minister Nirmala Sitharaman chairs the 53rd GST Council meeting at Bharat Mandapam in New Delhi, with state finance ministers, leading economists, and economic stakeholders for the Union Budget 2024-25. The pre-budget meeting has brought together ministers of State and other important stakeholders. The GST council convened for the first time since the establishment of the new government.
Retail inflation in India is easing, but volatile food prices could reverse the trend. RBI highlights impact of heatwaves on food prices and the need to monitor weather shocks. Despite a 12-month low in May, vegetable and pulses prices remain high. RBI maintains policy rate at 6.5% to align inflation with its 4% target.
Mercedes-Benz Research and Development India (MBRDI) partners with Jana Urban Space Foundation to introduce design guidelines for 'Building 15-Minute Neighbourhoods' in India, focusing on sustainable urban planning.
Air India Express completed the IATA Operational Safety Audit (IOSA) by IATA, ensuring industry safety and efficiency.
Air India is establishing a pilot training school in Amravati, Maharashtra to tackle pilot shortage. Air India has selected approximately 30 single-engine and four multi-engine aircraft from Piper, an American company, and Diamond, a European manufacturer, for its training fleet.
Hyundai, Tata Motors, and Mahindra & Mahindra raise objections to duty relaxations for hybrids, citing potential impact on petrol and diesel vehicle sales. The demand for lower duty on strong hybrids is being raised by top Japanese companies such as Maruti Suzuki, Toyota, and Honda who argue that the technology helps reduce emissions while boosting fuel efficiency.
The 30-30-30-10 rule is one such approach that can assist you in building a substantial retirement fund.
Budget 2024 income tax expectations: The Modi government is considering lowering personal tax rates for some category of individuals to stimulate economic consumption and enhance middle-class savings.
Income Tax Return Filing FY 2023-24: Form 16 consists of two parts: Part A and Part B. Part A shows the total tax deducted from salary income in each quarter of the financial yea
NHAI will now invite separate bids from companies interested in developing wayside amenities on national highways. The objective behind this decision is to attract global expertise in creating such amenities.
Sales of affordable homes priced up to Rs 60 lakh each declined 4% in eight major cities, with PE Analytics Ltd reporting a 37% growth in total income to Rs 44.17 crore from Rs 32.3 crore, as per PropEquity data.
Vande Metro, also known as the Vande Bharat Metro, is inspired by the semi-high speed Vande Bharat Express and aims to transform train travel for shorter distances.
RBI imposed penalties on the Central Bank of India and Sonali Bank PLC for non-compliance with regulatory norms. The Central Bank of India was fined Rs 1.45 crore for issues including sanctioning a working capital demand loan improperly and failing to credit amounts from unauthorized electronic transactions to customers' accounts on time. Sonali Bank PLC was fined Rs 96.4 lakh for non-compliance with Know Your Customer (KYC) Directions, 2016.
Domestic air travel in India has reached record highs this summer, but high fares due to a capacity crunch are limiting growth. DGCA data shows 1.4 crore domestic flyers in May, with airlines facing challenges like Pratt & Whitney issues.
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