Deductions available under new tax regime 2023| EconomicTimes [ad_1] Standard deduction As per Budget speech, “Standard deduction of Rs 50,000 to salaried individual, and deduction from family pension up to Rs 15,000, is currently allowed only under the old regime. It is proposed to allow these two deductions under the new regime also.” [ad_2]

mahila samman saving certificate interest rate: Mahila Samman Savings Certificate offers higher interest than bank FDs, most other post office schemes; check details [ad_1] The Mahila Samman Savings Certificate (MSSC) is a one-time small savings scheme for women investors that Finance Minister Nirmala Sitharaman announced in Budget 2023. All you need to know about the new Mahila Samman Savings CertificateThrough ...

BoB well placed when it comes to its exposure to Adani Group: CEO Chadha After the banks’ Q3 earnings, Sanjiv Chadha, MD&CEO, Bank of Baroda, spoke to Subrata Panda on the banks’ exposure to the Adani Group, and how its loan and deposit growth will pan out, going forward. Edited Excerpts: Is there any concern ...

RBI says banking sector remains resilient amid Adani Group’s stock rout The Reserve Bank of India (RBI) on Friday said the banking sector remained resilient in terms of its assessment, and bank exposures to companies were well within norms. This came amid concern over lenders’ financial health due to the stock rout in the Adani ...

State Bank of India books over Rs 14,000-cr profit in its best performance State Bank of India (SBI) registered its highest-ever quarterly net profit of Rs 14,205 crore in the October-December 2022 period – a jump of 68.47 per cent year-on-year (YoY). Robust growth in net profit, which beat analyst estimates, came on the back of a ...

RBI says ‘banking sector remains resilient, stable’ amid Adani stocks rout Amid concerns over banks’ exposure to the embattled Adani Group, the Reserve Bank on Friday said India’s banking sector is resilient and stable, and the central bank maintains constant vigil on the lenders. Responding to media reports expressing concern about the exposure of Indian ...

India’s forex reserves rise for third straight week, hits 6-month high India’s foreign exchange reserves rose above a six-month high of $576.76 billion in the week through Jan. 27, the Reserve Bank of India’s (RBI) statistical supplement showed on Friday. This is the third consecutive week that the country’s reserves have risen. In the week ...

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 ...

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 ...

New tax regime 2023: All you need to know [ad_1] New tax regime 2023: All you need to know [ad_2]