Economy
According to data released by the Central Board of Direct Taxes, the cost of tax collection decreased to 0.51 percent of total collection in 2022-23 f
There is no need to add riskier assets to your portfolio if it is giving better returns.
The number of income-tax payers in India rose to 93.7 million in FY23 from 52.6 million in FY14. The tax deducted at source (TDS) emerged as the large
In ITR-4, an additional field to report ‘receipts in cash’ has been included in Schedule ‘BP- details of income from business or profession’.
However, industry executives said there is little scope for an immediate reduction in prices. Industry executives said a reduction in retail prices ma
L&T Finance Holdings on Tuesday reported a 41 per cent jump in net profit to Rs 640 crore for the December quarter, driven by retail loan sales. The
Finance Minister Nirmala Sitharaman is expected to present the interim Budget on February 1. This is going to be her sixth Budget
Commercial papers are an unsecured form of short-term debt issued by corporations, which serves as a financial tool primarily directed at addressing i
These banks are offering better returns on fixed deposits with tenors more than just 7 days
The Allahabad High Court has observed that the Reserve Bank of India has been a "mute spectator" while banks are imposing arbitrarily high interest ra
The Competition Commission of India (CCI) has approved the merger of Fincare Small Finance Bank with AU Small Finance Bank, as per an exchange filing
The number of tax payers filing income tax returns has more than doubled to 7.78 crore in the past 10 years, as per government data. Releasing key st
Private sector lender Karnataka Bank on Tuesday reported a 10 per cent rise in net profit to Rs 331 crore for the third quarter ended December 2023.
Meanwhile, 37 per cent business leaders expect the growth to remain below 6 per cent, as they cite rising inflation rates, supply chain challenges, an
The central bank in its draft framework had said that the industry needs to answer the question of how an SRO-FT would create incentives for membershi
Affordable housing finance company SMFG Grihashakti on Tuesday said it has secured Rs 300 crore funding from the National Housing Bank (NHB). This is
Banks will see a big ATM refresh cum addition cycle in the next 12-18 months, involving replacement of nearly 40,000 ageing ATMs. During 2022-23
Gold loan company Indel Money, which aims at initial public offering (IPO) in 2026-27, on Tuesday announced public issue of debentures worth Rs 200 cr
The ratio of cost overrun in central government infrastructure projects rose to a three-month high of 18.65% in December. The anticipated completion c
India's top priorities for the MC13 include securing a permanent solution for its public stockholding (PSH) programme. This programme seeks flexibilit
