Income Tax Budget 2023: Will Budget 2023 give some tax breaks under new income tax regime to make it more attractive? [ad_1] Taxes are crucial especially for a developing economy like India, where only a small percentage of the population files income tax returns and pays direct taxes. Whilst the government over the years has been making efforts to widen ...

Outstanding microfinance loan portfolio to rise 20.3% in FY23: MFIN Outstanding loan portfolio of the micro-finance institution (MFI) sector across India will increase around 20.3 per cent at Rs 3.25 lakh crore in 2022-23 compared to the previous fiscal, said the MFIN, a self-regulatory organisation (SRO) recognised by RBI. During the last fiscal, the total ...

HDFC Ltd assigns 19% higher loans worth Rs 8,892 cr in Q3 ending Dec 2022 Mortgage lender HDFC Ltd on Tuesday said it has assigned (sold) 19 per cent higher loans to the tune of Rs 8,892 crore in the third quarter ended December 2022. The corporation had assigned loans amounting to Rs 7,468 crore ...

PNB hikes fixed deposit rates by 50 basis points across various tenures Punjab National Bank (PNB) on Tuesday increased the interest rate of fixed deposits across various tenures by 50 basis points or 0.5 per cent in a bid to attract deposits. Interest rates on term deposits below Rs 2 crore between one year and ...

SBI to raise up to Rs 10,000 crore via infrastructure bonds in Q4 of FY23 State Bank of India (SBI) is planning to raise up to Rs 10,000 crore via infrastructure bonds during the current quarter ending March 2023. The country’s largest lender may float a public offering of these bonds or place them privately, ...

Banks are not adding this clause to the new locker agreement: How does this impact you? [ad_1] The Reserve Bank of India (RBI) has mandated that banks must sign a new bank locker agreement with their customers on or before December 31, 2022. The new locker agreement must not have any clauses that are unfair to the customers. The revised ...

SBI to issue second tranche of infra bonds to meet credit growth: Report By Siddhi Nayak and Dharamraj Dhutia MUMBAI (Reuters) – The State Bank of India has approved raising another 100 billion rupees ($1.21 billion) through infrastructure bonds this quarter to fund credit growth, an official at the nation’s largest lender said on Tuesday. The executive committee ...

PNB Home Loan Interest Rates: PNB, Bank of India hike home loan rates: EMIs to increase further [ad_1] Punjab National Bank (PNB) and Bank of India have hiked the marginal cost of funds based lending rate (MCLR). The hike is effective from January 1, 2023.Punjab National Bank and Bank of India have hiked MCLR by up to 40 bps and ...

Rupee’s threat to slip below 83 per US dollar likely nipped by RBI The Indian rupee declined against the U.S. currency on Tuesday, fuelled by the dollar’s surge versus its major peers and importer hedging, though the Reserve bank of India’s likely intervention kept the drop short of the 83-per-dollar mark. The rupee closed at ...

6 mobile security tips to keep your device safe online [ad_1] [ad_2]