senior citizen fd: Hike in senior citizen FD? Additional interest rates should increase from 0.5% to 2%; FM gets proposal [ad_1] The interest rates on fixed deposits (FDs) for senior citizens should be 2% more than the standard rate offered to general customers, said Bharat Pensioners Samaj, federation of pensioners in the country. In a letter addressed to Prime Minister ...

Rupee depreciates 6 paise to 83.13 against US dollar in early trade The rupee depreciated 6 paise to 83.13 against the US dollar in the morning session, 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 foreign fund ...

Can foreign tax credit claim be changed in revised ITR? Budget 2024 should clarify [ad_1] Tax liability in India is largely determined by the residential status of an individual and the place where the income is earned during the financial year. As per Section 6 of the Income-tax Act, 1961 (Act), an individual may qualify as a non-resident (NR) or ...

Net FDI in India down to $ 13.54 billion in Apr-Nov 2023, shows RBI data This decline was primarily due to a fall in global inflows and an increase in the repatriation of equity capital

Book-keeping, accounting, taxation added as financial services in IFSC With the inclusion, entities registered with the IFSC Authority will be able to provide these services to non-residents while operating from GIFT city

Govt expands scope of financial services that can be taken up at IFSC The government has expanded the scope of activities that can be undertaken at the International Financial Services Centre (IFSC) by including services such as book keeping, and accounting. As per a gazette notification issued by the Ministry of Finance, various services, including book-keeping, accounting, taxation, and financial ...

Central Bank of India plans offer for sale to reduce govt's stake It has shown preference for the OFS route to avoid dilution of its equity capital base while increasing the public float of shares

Rupee depriciates 1 paisa to 83.15 against US dollar in early trade The rupee slipped 1 paisa to 83.15 against the US dollar in early trade on Thursday amid rising crude oil prices and withdrawal of foreign funds. Despite a weak American currency against major overseas rivals, negative sentiment in domestic equity markets kept the Indian currency under pressure, forex ...

Employees' payment for canteen services will not attract GST: AAR GST and input tax credit applicable for company’s payment to canteen service provider not recovered from employees

Fund review: HDFC Corporate Bond Fund Fund review: HDFC Corporate Bond Fund