Clipped from: https://www.financialexpress.com/money/income-tax/high-value-transactions-which-can-get-you-an-income-tax-notice-check-full-list/2381159/ High-value transactions must always be reported to the Income Tax Department if the value surpasses a particular threshold limit. Cash deposits and withdrawals
Month: December 2021
Your car insurance claims can be rejected! Here’s when – The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/your-car-insurance-claims-can-be-rejected-heres-when/2381807/ Always remember to read your policy document and the terms and conditions of the policy to know what is included and what is
9 documents you need to file ITR for FY 2020-21 | EconomicTimes
Clipped from: https://economictimes.indiatimes.com/wealth/tax/9-documents-you-need-to-file-itr-for-fy-2020-21/slideshow/88052927.cms Form-16 This provides details of the total salary paid to you less of tax exemptions that you are eligible for and tax deducted
Addressing the need-gaps: How India’s fintechs can make deeper inroads in rural India – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/addressing-the-need-gaps-how-indias-fintechs-can-make-deeper-inroads-in-rural-india/articleshow/88084255.cmsSynopsis With only 28% of rural India boasting access to internet-enabled smartphones and a low level of digital literacy among rural residents, India’s rural
HDFC Bank vs ICICI Bank vs SBI FD rates: Check who is offering highest interest rate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/invest/hdfc-bank-vs-icici-bank-vs-sbi-fd-rates-check-who-is-offering-highest-interest-rate/articleshow/88069229.cmsSynopsis Who among these three leading banks are offering the highest rates for FD with amounts below Rs 2 crore? Read on to find
automaker: A car a minute used to flow through here, but chaos now reigns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/a-car-a-minute-used-to-flow-through-here-but-chaos-now-reigns/articleshow/88086267.cmsSynopsis The Great Supply Chain Disruption has turned shipping terminals into volatile zones full of uncertainties and best guesses. Nearly two years into the
Govt looking to add cryptocurrencies to tax law – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/govt-looking-to-add-cryptocurrencies-to-tax-law/articleshow/88082435.cmsSynopsis The government is considering amending Section 26A of the Income Tax Act and the Annual Information Regulation (AIR), which shows data on all
reliance capital: RBI’s insolvency move against Reliance Capital may face hiccups – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/rbis-insolvency-move-against-reliance-capital-may-face-hiccups/articleshow/88082884.cmsSynopsis Lenders hope that the central bank does not direct a consolidated resolution of all three financial services companies which will mean all the
India’s defence exports in past 7 years have crossed Rs 38,000 crore: Rajnath – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/defence/indias-defence-exports-in-past-7-years-have-crossed-rs-38000-crore-rajnath/articleshow/88089873.cmsSynopsis Reiterating the government’s focus on encouraging exports, the minister expressed hopes that India will soon become a net exporter from a net importer.
‘More women than men’ an overestimate, say experts; demand further evidence | Business Standard News
Clipped from: https://www.business-standard.com/article/current-affairs/more-women-than-men-an-overestimate-say-experts-demand-further-evidence-121120400050_1.html Some experts said the subject was drawing more attention because the latest survey showed that the number of women had crossed men The
Inflation outlook: Status quo from RBI on Omicron uncertainty – The Financial Express
lipped from: https://www.financialexpress.com/opinion/inflation-outlook-status-quo-from-rbi-on-omicron-uncertainty/2380923/ As base effect wanes, inflation to harden to an uncomfortable 5.5-6% in December-March FY22, close to upper end of MPC’s medium-term target range.
Banks, companies rush to bond market to lock lower rates – The Financial Express
Clipped from: https://www.financialexpress.com/market/banks-companies-rush-to-bond-market-to-lock-lower-rates/2381463/ Usually, most issuers remain on the sidelines and wait for the policy decision, but this time the trend seems to be reversing. However,
Can your Aadhaar details be updated multiple times? Here’s what UIDAI says – Aadhaar updation guidelines to remember | The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/save/can-your-aadhaar-details-be-updated-multiple-times-heres-what-uidai-says/aadhaar-updation-guidelines-to-remember/slideshow/88056634.cms 3/7 How many times can the date of birth be updated? Date of birth can be updated only once in the Aadhaar card.
income tax saving: 9 income tax saving tips that also help financial fitness – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/9-income-tax-saving-tips-that-also-help-financial-fitness/articleshow/88064034.cmsSynopsis For instance, in case of a salaried individual, one can evaluate the salary structure offered by the employer and opt for those salary
10-point personal finance checklist for parents to ensure fair division of wealth among children – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/plan/10-point-personal-finance-checklist-for-parents-to-ensure-fair-division-of-wealth-among-children/articleshow/87946239.cmsSynopsis Parents should be impartial when it comes to providing for their children. Avoid hassles for your children by acting decisively, fairly and equitably
Money & relationships: What are the tax implications if my daughter sends me money from abroad? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/money-relationships-what-are-the-tax-implications-if-my-daughter-sends-me-money-from-abroad/articleshow/87946315.cmsSynopsis Is it legally tenable to send parents money from a foreign country? More importantly, will you or they have to bear any kind
Indian banks behind the curve in tapping payments tech: Uday Kotak – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/indian-banks-behind-the-curve-in-tapping-payments-tech-uday-kotak/articleshow/88078147.cmsSynopsis On the homegrown payments ecosystem, Kotak said UPI payments as well as Aadhaar unique identity basis for transactions are remarkable innovations and they
Taxation alone can’t be the instrument to reduce alcohol consumption and regulate safe drinking – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/view-taxation-alone-cant-be-the-instrument-to-reduce-alcohol-consumption-and-regulate-safe-drinking/articleshow/88079350.cmsSynopsis Within ‘sin goods’, there are different product categories with different nutrition levels and health impacts. Therefore, treating all of them under the same
Omicron scare may delay RBI plan to normalise accommodative monetary stance | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/omicron-scare-may-delay-rbi-plan-to-normalise-accommodative-monetary-stance-121120300551_1.html The six-member monetary policy committee of the RBI will meet from December 6-8 to review the policy Photo: Bloomberg The concern over the
CBIC clarifies on Import of Sajji Khar/ Pappad Khar–TAXGURU.IN
lipped from: https://taxguru.in/custom-duty/cbic-clarifies-import-sajji-khar-pappad-khar.html?utm_source=feedburner&utm_medium=email Instruction No. 26/2021-Customs F.No. 401/85/2021-Cus-IIIGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Indirect Taxes & Customs) North Block, New DelhiDated 1st December,