Woman can be ‘karta’ of HUF [ad_1] (This story originally appeared in on Dec 09, 2023) NEW DELHI: In a significant ruling, Delhi High Court has said that a woman can be the “karta” (head) of a Hindu Undivided Family (HUF). The ruling upheld a landmark verdict by a single judge in 2016 that had extended the meaning of Section ...
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RBI policy: Facing issues with UPI payment limits? RBI lifts caps
RBI policy: Facing issues with UPI payment limits? RBI lifts caps [ad_1] Mumbai: The Reserve Bank Of India (RBI) has raised the limits on UPI payment transactions for educational and healthcare purposes. In measures announced after its monetary policy review, the central bank has also increased the limit for e-mandates used to make recurring payments, such as buying mutual funds ...
Read More »Banks to be open for only 5 days a week? Finance ministry receives IBA proposal
Banks to be open for only 5 days a week? Finance ministry receives IBA proposal [ad_1] Will banks be open for only 5 days soon? Numerous news sources state that the Indian Banks Association (IBA) has submitted a proposal to the Finance Ministry about the adoption of a five-day workweek, according to a Times of India (ToI) news report. Bhagwat ...
Read More »SBI, Canara Bank deducting money for govt insurance schemes from savings accounts without consent; complaints flood X
SBI, Canara Bank deducting money for govt insurance schemes from savings accounts without consent; complaints flood X [ad_1] The customers of several banks, including State Bank of India (SBI), the largest lender in the country, and Canara Bank, have taken to social media platform, X, to complain that they are being charged yearly premiums for government insurance schemes without their ...
Read More »SBI UPI services will be down on this day; Check your alternatives
SBI UPI services will be down on this day; Check your alternatives [ad_1] State Bank of India (SBI) customers will not be able to access UPI on November 26, 2023 for some time. However, they will be able to access internet banking services, YONO YONO Lite, and ATM due to technology upgrade in UPI. According to the SBI social media ...
Read More »Rajasthan general election 2023: Are banks, government offices closed on Saturday?
Rajasthan general election 2023: Are banks, government offices closed on Saturday? [ad_1] General elections will be held in the state of Rajasthan on Saturday, November 25, 2023. Due to the elections, the government of Rajasthan has declared a holiday. According to the October 16, 2023 notification issued by the state government, the date of the election has been declared a ...
Read More »Over 50% of Individuals Receive Refunds in a Month
Over 50% of Individuals Receive Refunds in a Month [ad_1] (This story originally appeared in on Nov 23, 2023) New Delhi: More than half the individuals and 45% of businesses received income tax refunds within a month, a key factor for more than 80% of the respondents of a CII survey, indicating that they have greater trust in the tax ...
Read More »Damage to EV battery, charging station while charging: Insurer launches insurance covers for this
Damage to EV battery, charging station while charging: Insurer launches insurance covers for this [ad_1] Zuno General Insurance (formerly Edelweiss General Insurance) has launched three new add-on insurance covers for electric vehicle (EV) insurance policies. These include insurance for private charging stations, charging accessories and also protection of vehicle during charging. Both these are claimed to be industry firsts by ...
Read More »10-yr period for income tax review applies to income over Rs 50 lakh: Delhi high court
10-yr period for income tax review applies to income over Rs 50 lakh: Delhi high court [ad_1] (This story originally appeared in on Nov 21, 2023) Mumbai: In a judgment that will cheer taxpayers who have been flooded with notices for past dues, the Delhi high court has held that the extended period of 10 years for re-opening of I-T ...
Read More »PNB, SBI, Bank of Baroda’s Diwali offers on home loans, car loans: Check here
PNB, SBI, Bank of Baroda’s Diwali offers on home loans, car loans: Check here [ad_1] Punjab National Bank (PNB) announced a new offer called ‘Deepawali Dhamaka 2023’ with an aim to cash in on the Diwali 2023 shopping trend. Under this offer, PNB customers can avail themselves of home loans at a reduced interest rate of 8.4% per annum, the ...
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