Govt Hikes Interest Rates On Some Small Savings Schemes By Up To 30 Bps

New Delhi- The government on Thursday raised rates on some small savings schemes that do not get income tax benefit as it began passing...

Bajaj Allianz General Insurance Launches New Motor Insurance Offering ‘V-Pay’

Pune-  Bajaj Allianz General Insurance, one of the leading private general insurers of India, Tuesday announced the launch of their new motor insurance offering called...

Verification Of ITR Timeline Reduced To 30 Days From 120: I-T Dept

New Delhi- The Income Tax department has reduced the time limit for e-verification or hard copy submission of the ITR-V, post filing of returns...

Total Tax On Petrol Down To 50%, Diesel To 40% After Excise Duty Cuts

New Delhi- The total incidence of taxes on petrol has come down to 50 per cent and that on diesel to 40 per cent following...

Credit Guarantee Scheme: Govt Cleared More Than 53 Lakh Loans During June-End Period Of...

New Delhi: Under the Credit Guarantee Scheme (CGS) of the Centre, loans totalling 53,86,739  were approved during the first quarter of the current financial year (2021-22). The...

Retirement Fund Body EPFO Adds 14.93 Lakh Members In December 2022

New Delhi- Retirement fund body EPFO added 14.93 lakh subscribers in December 2022, which was over 2 per cent higher compared to the net...

India Slaps Rs 653 Cr Import Duty Evasion Notice On Xiaomi

New Delhi- Chinese phone maker Xiaomi's India unit has been slapped with a Rs 653 crore notice for alleged evasion of import duty, as...

Corporate Tax Collection Up 34% In April-July

New Delhi- Tax collected on income of companies surged by 34 per cent in the first four months of the current fiscal that began in...

Centre Releases Rs 17k Crore GST Compensation To States/UTs For April – June

NEW DELHI- The central government has released Rs 17,000 crore to states towards balance GST compensation, taking the total amount released so far this fiscal to...

Mutual Fund Industry Assets Surge By Rs 11 Lakh Crore In 2023; Crosses Rs...

New Delhi- After a lackluster performance in 2022, the mutual fund industry saw a substantial rebound in 2023 with its asset base surging by...