Are you a consultant? Budget has made life less taxing; what is presumptive tax scheme| EconomicTimes [ad_1] Presumptive tax scheme The presumptive tax scheme enables technical consultants, other professionals, like doctors, lawyers, CAs and architects, to offer a certain percentage of their gross receipts as “deemed income” and be absolved of a range of compliance requirements. Image Source: Getty Images ...
Read More »Author Archives: LoanFinanceadmin
Budget 2023 focuses on promoting growth with inclusion: NITI Aayog CEO
Budget 2023 focuses on promoting growth with inclusion: NITI Aayog CEO NITI Aayog CEO Parameswaran Iyer on Friday described the Budget 2023-24 as ‘very comprehensive and balanced’ which will promote growth with inclusion. He also observed that the Budget continues all the reforms and other social welfare programmes undertaken by the government over the past ...
Read More »New tax regime 2023: All you need to know
New tax regime 2023: All you need to know [ad_1] New tax regime 2023: All you need to know [ad_2]
Read More »FD interest rate up to 7.85%: Banks offering highest 2 year fixed deposit rates
FD interest rate up to 7.85%: Banks offering highest 2 year fixed deposit rates [ad_1] Due to its safety and fixed returns, the fixed deposit (FD) is one of the most popular investments among risk averse investors. One of the attractive features of the fixed deposit is its option of different tenure. The minimum and maximum tenure offered for which ...
Read More »Revive lapsed LIC policy till March 24, 2023: Know how to check your premium due via WhatsApp
Revive lapsed LIC policy till March 24, 2023: Know how to check your premium due via WhatsApp [ad_1] An initiative to assist policyholders in reviving expired insurance policies, the Life Insurance Corporation of India (LIC) LIC has undertaken ’Special Revival Campaign’. This campaign, which will run from February 1 to March 24, 2023, is open to policies that have expired ...
Read More »1 crore in Rs 5-7 lakh income range set to gain from new tax regime
1 crore in Rs 5-7 lakh income range set to gain from new tax regime [ad_1] (This story originally appeared in on Feb 03, 2023) NEW DELHI: Close to one crore individuals in the Rs 5-7 lakh income range stand to gain from the government’s decision to increase the rebate level to Rs 7 lakh under the new tax regime, ...
Read More »Rupee gains 12 paise to 82.08 against US dollar on easing crude oil prices
Rupee gains 12 paise to 82.08 against US dollar on easing crude oil prices The rupee gained 12 paise to 82.08 against the US dollar in early trade on Friday supported by easing crude oil prices and a positive trend in domestic equities. Forex traders said significant foreign fund outflows and dollar demand from importers ...
Read More »Rupee poised for muted opening on dollar recovery, equity outflows
Rupee poised for muted opening on dollar recovery, equity outflows By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is likely to open little changed to the U.S. currency on Friday in the wake of the dollar’s recovery and worries over equity outflows. The non-deliverable forwards indicated an opening of around 82.12-82.20 for the ...
Read More »SBI gave loans worth $2.6 billion to Adani group companies, says report
SBI gave loans worth $2.6 billion to Adani group companies, says report State Bank of India, the country’s largest financier, has given loans of as much as $2.6 billion to companies in the Adani conglomerate, or about half of what is allowed under rules, according to a person familiar with the matter. SBI’s exposure includes ...
Read More »Aditya Birla Capital’s Q3 net up 27% YoY as retail, SME lending grows
Aditya Birla Capital’s Q3 net up 27% YoY as retail, SME lending grows Aditya Birla Capital (ABCL) on Thursday said its consolidated net profit increased 27 per cent on a year-on-year (YoY) basis to Rs 530 crore for the quarter ended December 2022 (Q3 FY23). The financial services company, which has lending, mutual fund, life ...
Read More »