Rupee expected to weaken as odds of Fed rate cut in March diminish The rupee’s intraday range in the last four sessions has been just 2 to 6 paisa
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RBI Deputy Governor urges for stringent governance standards in UCBs
RBI Deputy Governor urges for stringent governance standards in UCBs He added that it is essential for the director to understand the bank’s financial statements as it is important for laying down underwriting standards and assessing credit proposals
Read More »Budget 2024 expectations: 15 expectations of individual taxpayers this Budget
Budget 2024 expectations: 15 expectations of individual taxpayers this Budget [ad_1] Finance Minister Nirmala Sitharaman is scheduled to announce the Interim Budget 2024 on February 1, 2024. Different sectors in India have put forth their needs and demands. Here are 15 important things in the wish list of the common man regarding income tax. 1 Simplify capital gains taxation As ...
Read More »Budget 2024 could expand AIS to include 6 more incomes of individuals
Budget 2024 could expand AIS to include 6 more incomes of individuals [ad_1] The government introduced the Annual Information Statement (AIS) in Budget 2021. The objective is to make it easier for individual taxpayers to check their financial information at one place and match it with what they are filling in their income tax return. The statement gives an overall ...
Read More »Chhattisgarh's Raipur Municipal Corporation plans to issue green bonds
Chhattisgarh's Raipur Municipal Corporation plans to issue green bonds The RMC is seeking to raise Rs 200 crore. The proposal is in the final stages. And, a detailed project report has been prepared to utilise the funds raised from the bonds, an official said
Read More »Rupee depreciates 4 paise to 83.15 against US dollar in early trade
Rupee depreciates 4 paise to 83.15 against US dollar in early trade The rupee depreciated 4 paise to 83.15 against the US dollar in the morning session on Monday, amid elevated crude oil prices and dollar demand from importers. Forex traders said the rupee is trading in a narrow range as the support from positive domestic equities was negated by ...
Read More »Simplify these procedures for individual income tax payers in Interim Budget 2024: CII – Interim Budget 2024
Simplify these procedures for individual income tax payers in Interim Budget 2024: CII – Interim Budget 2024 [ad_1] The suggested categories of payments could be as follows:Salary: TDS rate at Normal slab ratesLotteries and horse race winnings: TDS rate at 30%All other payments: TDS rate at 2% The suggested “negative list” of payments may illustratively include the following:1. Payments to ...
Read More »Will Budget 2024 reduce 20% TCS for taxpayers, levy TCS on credit card forex payments?
Will Budget 2024 reduce 20% TCS for taxpayers, levy TCS on credit card forex payments? [ad_1] Will Budget 2024 reduce Tax collection at source (TCS) from 20%? Or bring a credit card under the ambit of TCS? Experts are waiting with bated breath as Finance Minister Nirmala Sitharaman is all set to present her final Budget on February 1, 2024, ...
Read More »How Canada's international student cap will impact India
How Canada's international student cap will impact India Over 41 per cent or 225,835 – of all permits were handed over to Indians in the year 2022. Additionally, around 300,000 Indian students went to Canada in 2023 alone.
Read More »India's banking system liquidity deficit hit record high, shows data
India's banking system liquidity deficit hit record high, shows data The deficit widened to Rs 3.34 trillion ($40.18 billion) as on Jan. 23, nearly tripling from the start of the month, data from the Reserve Bank of India (RBI) showed
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