The Central Board of Direct Taxes (CBDT) has expressed the opinion that the new rules of search and seizure implemented by the IT department in Budget 2024-25 will reduce legal disputes and increase compliance with the ability to resolve cases within a single tenure. According to him, if the taxpayer …
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RBI announces framework for new PCA norms for urban co-operative banks
The Reserve Bank of India (RBI) on Friday announced the framework of prompt corrective action (PCA) norms for urban co-operative banks. Which will come into effect from April 1, 2025. This structure follows the norms currently applicable for scheduled commercial banks and non-banking finance companies (NBFCs). When a bank fails …
Read More »FIIs reduced stake in 9 out of 10 Adani Group stocks in the June quarter
Taking advantage of the rise in share prices of Adani Group companies, FIIs reduced their stake in nine Adani Group companies in the quarter ended June. Of the two underperformers compared to the stock market, LIC has increased its stake in this quarter. During the quarter, FIIs increased their stake …
Read More »Big changes will be seen in the country from August 1, it will have a direct impact on your pocket, know the special thing
5 mins ago Business Updates of changes in the month of August: From August 1st of next month, you will see many changes which will have a direct impact on your pocket. These changes can affect the daily lives of citizens. Many types …
Read More »Manoj Mittal took over as CMD of SIDBI
5 mins ago Business New Delhi, 27 July (HS). Manoj Mittal took over as the Chairman and Managing Director (MD) of Small Industries Development Bank of India (SIDBI) on Saturday. Mittal's appointment was approved by the Central Government. Earlier, he was the Managing …
Read More »Magical formula to earn money from money, you can become a millionaire at the age of 40
New Delhi: Becoming a millionaire is not rocket science, it is just money management, which not everyone understands. It requires a balance between spending, saving and investing, as well as some patience and discipline. If you have these qualities, then you can become a millionaire in just a few years. …
Read More »Here you don't have to pay any tax even if you earn crores – News India Live
Tax Free States of India: Nowadays there is a lot of discussion about whether the deadline of July 31 will be extended or not. The government has rejected the speculations going on in the market whether this deadline will be extended by a month or not. The last date for …
Read More »3 shocks to the common people! 3 news related to old pension scheme, income tax and gold
3 big shocks to the general public: The central government has given 3 shocks to the public. On one hand, the central government has announced to issue 38 percent less sovereign gold bonds in the general budget this year i.e. 2024-25. At the same time, the government has no intention …
Read More »Do you want to make changes before filing ITR? Same rules
If a person does not file ITR before July 31, he will have to pay a fine. No exemption will be given. Now those who have still not filed their income tax returns and are wondering if they can switch from the old tax system to the new system at …
Read More »5 rules will change, know what will change from gas prices to other things?
There are some changes on the first of every month. There will be a change in the price of LPG gas cylinder in the month of August. HDFC credit card charges are also going to change. So know what effect these new changes will have on your pocket. The price …
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