Business Standard
TDS is deducted on the interest earned on FDs. Even though FD provides a marginally higher interest rate, due to TDS deduction, the post tax returns m
FIDC said adherence to all applicable laws and regulations at all times is a sine qua non. Specifically, norms relating to Know Your Customer (KYC) an
The number of complaints filed under the Reserve Bank's ombudsman schemes increased by over 68 per cent to 7.03 lakh in the fiscal 2022-23, according
This is the second instance of such a merger in the NBFC space. Earlier, Tata Capital Financial Services merged with its parent entity Tata Capital fr
The income tax department on Monday said it has identified "certain inconsistencies" in the data of the securities market provided by one of the repor
Bankers reckon that the central bank opted to take delivery, thereby removing $5 billion out of the system and injecting proportionate liquidity
Eligible taxpayers filing using this form typically derive income from various sources, including salary
Form 12BB plays a crucial role in streamlining the process of claiming tax deductions for employees
Government-owned power sector financier REC Ltd on Monday said it has signed an agreement with the Rajasthan government to provide up to Rs 1.2 lakh c
Development bank Sidbi on Monday said it has secured approval from the Green Climate Fund (GCF) for its first anchored project, Avaana Sustainability
"The rupee has broken a key support level of 82.80 given robust inflows, solid fundamentals and a weakening dollar," said Amit Pabari, managing direct
The rupee was also helped by strength in its Asian peers amid a drop in US Treasury yields. The Korean won climbed 0.8 per cent and the Indonesian rup
It is documentation of your income and tax compliance, adding credibility to your financial standing
Zopper plans to expand its distribution ecosystem and strengthen partnerships with banks, non-banking financial companies (NBFCs), travel portals, bra
Among large private players, the premium of the largest private life insurer, SBI Life, grew around 32 per cent to Rs 2,648.86 crore
RERA Act, 2016 mandates the funds from escrow accounts can only be accessed by the promoter after certification from a practising architect, engineer,
The weighted average lending rate by scheduled commercial banks on fresh loans increased to 9.45 per cent in January 2024 compared to 9.32 per cent in
The government on Friday left the interest rates unchanged on various small savings schemes for the first quarter of the next fiscal, beginning April
However, homemaker women lag, with only 18 per cent having term insurance, indicating the need for targeted interventions to financially protect such
The government has exempted certain payments made to units of 14 services sectors in IFSC from TDS provisions effective April 1, a move which will red
