lipped from: https://www.business-standard.com/finance/news/rbi-asks-banks-to-collaborate-with-mulehunter-ai-to-find-mule-accounts-124120600623_1.html “Use of money mule accounts is a common method adopted by fraudsters to channel proceeds of frauds,” Reserve Bank of India (RBI) Governor
Day: December 6, 2024
RBI policy: CRR cut to improve lenders’ margins, may lift credit growth | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/rbi-monetary-policy-crr-cut-to-aid-banks-margins-may-lift-credit-growth-124120601014_1.html Deposit rates may start easing The Reserve Bank of India’s (RBI’s) decision to cut the cash reserve ratio (CRR) by 50 basis points,
👌👌👌👌👌👌👌Income Tax on Gifts from Relatives and Friends in India
Clipped from: https://www.taxscan.in/qna-can-i-claim-income-tax-benefits-on-selling-gifted-jewellery-key-questions-on-gift-taxation-in-india-answered/463841/ Are gifts from relatives taxable in India? A: Gifts from relatives are exempted from Tax in India. It is defined under section 56(2)(x)
👌👌👌👌👌👌👌Analysis of Section 45(5A) of Income Tax Act, 1961
Clipped from: https://taxguru.in/income-tax/analysis-section-455a-income-tax-act-1961.html SPECIAL PROVISIONS FOR COMPUTATION OF CAPITAL GAINS IN CASE OF JOINT DEVELOPMENT AGREEMENT [Section 45(5A)] Sub-section (5A) was inserted in section 45 with
RBI advises banks to urgently bring down number of frozen accounts – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/rbi-advises-banks-to-urgently-bring-down-number-of-frozen-accounts-455970-2024-12-03 RBI advisory follows analysis which revealed the banks with the highest number of frozen accounts, says customers facing problems in seeking activation of
