Business

Key benchmark indices saw a better-than-expected start and opened with nominal gains on Monday

GST Collections In June 2023: It is for the fourth time that the gross GST collection has crossed Rs 1.60 lakh crore mark

ITR AY 2023-24: The old tax regime has exemptions, deductions and rebates available; while the new tax regime does not have any deductions benefit

ITR Filing Online: Section 89(1) prevents undue hardship caused by a higher tax liability resulting from the accumulation of income in a particular year.

Advance tax payment: For salaried individuals, advance tax is mostly taken care of through TDS by employers.

After the back-to-back rate hikes, FD interest rates have also become attractive for those who want fixed returns

You need to submit your ITR on time to avoid last-minute rush; and online or offline ITR is not a selection by random choice but depends on your situation

A small finance bank’s Net Stable Funding Ratio denotes its resilience in the long term. Banks must have a minimum NFSR of 100 percent, as per the RBI.

Mahila Samman Savings Certificate scheme account can be closed prematurely in case of the death of the account holder.

​Due date for furnishing of challan-cum-statement in respect of tax deducted under section 194-IA in the month of March, 2023 is April 30, 2023.

Interest will be payable on completion of a month from the date of opening and so on till maturity.

Government also raised interest rates on small savings schemes such as NSC, SSY and post office deposits by up to 70 bps

If tax amounts to more than Rs 10,000 per year, taxpayers need to pay advance tax in quarterly installments.

Several banks, including SBI, ICICI Bank, HDFC Bank and SBI, have recently raised their interest rates on both deposits and loans multiple times in the recent past

Growth rate for corporate income tax is 18.08 per cent, while that for PIT (including STT) is 27.57 per cent

There are two components of EMI in any home loan, i.e., principal amount and interest amount.