Every day about 800 cases of online financial fraud are reported in India. Which is ten times more than the annual figures shown by the Reserve Bank of India (RBI). That is why this distance In its report, RBI has considered only those cases where online fraud of more than …
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Tourist Indians send a whopping $107 billion to the country in 2023-24
Overseas Indians paid out an unprecedented $107 billion to their families in FY 2023-24. Remittances crossed the $100 billion mark for the second consecutive year. Significantly, remittances are more than double the total $54 billion invested by foreign direct investment (FDI) and foreign portfolio investors (FPI) in India during the …
Read More »Provision of cheap loans possible for IREDA, HUDCO in budget
38 mins ago Business The Union Budget to be presented next month is likely to provide cheap loans to two major state-owned companies, the Indian Renewable Energy Development Agency (IREDA) and the Housing and Urban Development Corporation Ltd (HUDCO). The government has considered …
Read More »Do this work regarding income tax in advance, so that the refund comes directly into the account after filing the return
ITR filling: The date for filing income tax returns is slowly approaching. Most salaried employees have already received Form 16 from their employers after June 15, so now they can easily start the process of filing income tax returns. Although the last date for filing ITR is July 31, but …
Read More »Lower corporate tax scheme for new manufacturing units may be implemented again
To keep the private capital expenditure cycle going, the government may announce a new scheme of concessional corporate tax rate for new manufacturing units in the next general budget. The new scheme may also be similar to the previous scheme. In which a concessional rate of 15 per cent was …
Read More »After JIO, Airtel increased the price, know when it will be implemented?
After Reliance Jio, Bharti Airtel has also increased the mobile tariff. It has increased a lot. A hike of 10-21 percent has been announced in its mobile rates. The increased prices will be applicable from July 3. Its effect will be seen on both postpaid and prepaid customers. So know …
Read More »Gold suffered a setback and then bounced back
Mumbai: Gold and silver prices rose again in Mumbai's jewellery market today. The news of the world market was again bullish. Behind the world market, jewellery markets were also set up at home. There were indications in the world market today that the price of gold rose to $ 2,324 …
Read More »Sensex rose 569 points to close at 79243 and Nifty rose 176 points to a new high of 24044
Mumbai: Amid the preparation of the Union Budget and the President's statement that many big positive steps will be taken in this budget, funds today made history by making index-based continuous highs in stocks. Nifty 50 spot crossed the 24000 level for the first time, while the Sensex also crossed …
Read More »Sensex crosses 79,000, Nifty crosses 24,000
Ahmedabad: A day before India's inclusion in the JP Morgan Bond Index, a new history was created in the Indian stock market today. The BSE Sensex today crossed the 79,000 level for the first time and the NSE Nifty crossed the 24,000 level on the back of fresh buying by …
Read More »Low crude oil prices and production cuts will slow down remittance growth in the current year
Mumbai: There will be a fifty percent decrease in the growth of remittances in the country in 2024 as compared to 2023. According to a World Bank report, there was a 7.50 percent increase in remittances in 2023, which can be seen up to 3.70 percent in 2024. The report …
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