Finance News
Revised ITR Filing: Any number of times a taxpayer can file Revised Income Tax Return. It has no limit. However, misuse of this feature should be avoided. ITR Filing: The last date for filing Income Tax Return (ITR) for the financial year 2021-22 was 31 July 2022. There are chances that many taxpayers may have made some…
RBI Tokenisation: The Reserve Bank of India (RBI) is going to change the card-on-file tokenization rule from October 1. The Reserve Bank says that due to the implementation of the card tokenization rule, debit and credit card payments will be more secure. There will also be ease in payment and transaction. According to the Reserve…
Withdrawl PF money: During the Covid pandemic, there was a change in the rules for withdrawing money from the PF account. The government can soon put the amount of interest in the account of PF account holders. But you cannot withdraw money from PF account like a bank account. Provident Fund (PF Account) is a…
How to become a crorepati with PPF: After retirement in private jobs, pension scheme is usually not available, and now most of the government jobs have also disappeared from the pension system. That is, how will you survive after retirement, and how can a respectable arrangement be made for it … Will give a great…
Interest Rate on FD: After the Reserve Bank of India increased the repo rate by 1.40 percent in 3 months, banks have also started increasing the interest rates on FDs. RBI has increased the repo rate to 5.40 percent. That’s why most of the banks have given benefit to the customers by increasing the interest…
Small Saving Schemes: RBI has increased the repo rate for the third consecutive time while announcing the monetary policy. The repo rate has increased by 1.40 percent in three months. After which the loan is getting expensive. Banks have also increased deposit rates. But the surprising thing is that the interest rates are not being…
ITR AY23: If you are filing your income tax return under the old tax regime, you are entitled to several tax deductions and exemptions. These include claiming tax exemption of up to Rs 10,000 in income tax on interest up to Rs 10,000 earned from savings bank accounts. Let’s see how it benefits Tax free…
Draupadi Murmu has become the first woman tribal president of the country. He got a total of 64.03 percent votes, while his rival Yashwant Sinha got only 35.97 percent votes. Now she will take oath as President on July 25. Congratulating Draupadi Murmu on her victory in the elections, PM Narendra Modi wrote, “Draupadi Murmu…
EPFO: There is relief news for the employees of Employees’ Provident Fund Organization (EPFO). The government has announced to give 8.1 percent interest money for the financial year 2020-21. More than 6 crore employees will get the benefit of this. If you have Rs 10 lakh lying in your account, then interest of Rs 81,000 will be…
ITR Filing Deadline: Generally every person has to pay Income Tax on his earnings. Whether the income is from salary, from your business, the liability of income tax is made by everyone. However, in the Income Tax Rules of India, a provision has been made to exempt income from tax in certain cases. For this,…
