The country’s largest bank State Bank of India (SBI) has announced 100% rebate in processing fee (PF) for new home loan customers. SBI has also announced ‘Monsoon Dhamaka Offer’ with 100% discount on processing fees of home loans in the month of August. This offer will be available for new home buyers till 31 August …
SBI Offers: 100% Off On Home Loan Processing Fees! Read More »
Goods and Services Tax (GST) taxpayers with a turnover of more than Rs 5 crore will be able to self-certify their annual return. Now Goods and Services Tax taxpayers with a turnover of more than Rs 5 crore will be able to self-certify their annual return. For this, there will no longer be a need …
CBIC has done away with expiry/ renewal of Authorised Economic Operator certification after every three years for AEO-T1 entities. W.e.f. 1/8/2021, all AEO-T1 entities certified on or after 01.04.2019, shall be auto renewed in the system, without any end date.
Union Commerce & Industry Minister Shri Piyush Goyal today said that the services sector holds a lot of promise in aiding economic recovery during the post Covid period. Addressing the ‘2nd Indo-US Services Summit’, organised by Indo American Chamber of Commerce (IACC), Shri Goyal observed that India and the US are working towards peace and …
There is going to be great news for the employed people in this one or two days. PF account holders can get 8.5 percent interest money this week. If you are a member of Employees’ Provident Fund Organization (EPFO), then you are going to benefit. For the fiscal year 2020-21, 8.5 percent interest has been …
In a big relief to the taxpayer, the Central Board of Direct Taxes (CBDT) has extended the deadline for filing income tax returns for the financial year 2020-21 and assessment year 2021-22. Now a person can file his income tax return till 30 September. Companies have to issue Form 16 to their employees before July …
The Income Tax Department launched its new portal last month. Then there were complaints of many technical glitches in this portal. More than 25 lakh Income Tax Returns (ITR) have been filed on this. There have been complaints of many technical glitches in the new website of the Income Tax Department. But now the Income …
Last date for filing annual return is extended till 31st August 2021! File your returns through FoSCoS now! READ REGULAR BUSINESS NEWS? CLICK HERE TO DOWNLOAD APP
The company is one of the largest five companies of the Pharmaceuticals Formulation Contract Development and Manufacturing Organization (CDMO) in the country. Drug formulation company Windlas Biotech will enter the IPO market on August 4 to raise Rs 401.53 crore. The company’s public issue will open for subscription on August 4 and will close on …
Gujarat High Court has invited applications for recruitment to the post of Legal Assistant. The applications for these posts will be on contract basis. Applications have been invited for recruitment to a total of 16 posts. The registration for these posts has started from July 26 and candidates can apply till August 10. READ REGULAR …
Gujarat High Court Recruitment 2021: Recruitment for the posts of Legal Assistant Read More »
CBDT issues refunds of over Rs. 43,991 crore to more than 21.03 lakh taxpayers between 1st April, 2021 to 26th July, 2021. Income tax refunds of Rs. 13,341 crore have been issued in 19,89,912 cases & corporate tax refunds of Rs. 30,651 crore have been issued in 1,12,567 cases. READ REGULAR BUSINESS NEWS? CLICK HERE TO …
IT Refund: Income Tax Department sent Rs 43,991 crore to taxpayers till July 26 Read More »
Functionality to check and update bank account details A functionality to check status of bank account details update for the taxpayers who have taken new registration at GST Portal but have not yet furnished the same, has been introduced, in view of Rule 10A of the CGST Rules 2017. Such taxpayers are required to update …
GST Update: How to add bank account in GST registration details Read More »
Income Tax Department carried out a search operation on 28.07.2021 on a prominent group in Jharkhand dealing in building construction and real estate. The search began on 28.07.2021 in Ranchi and Kolkata. More than 20 premises were covered. During the search, it was found that the group was not maintaining regular books of account. In view thereof, …
The Prime Minister, Shri Narendra Modi has lauded the Government’s landmark decision for providing 27% reservation for OBCs and 10% reservation for Economically Weaker Section in the All India Quota Scheme for undergraduate and postgraduate medical/dental courses from the current academic year. In a series of tweets, the Prime Minister said; “Our Government has taken …
The amendment to the Limited Liability Partnership (LLP) Act was approved on Wednesday. In this, removal of provisions of criminal action for non-compliance of certain rules is prominent. At present the turnover of LLP is 40 lakhs and partner’s participation is limited to Rs 25 lakhs. After the amendment, the turnover limit will increase to …
Amendment approved in Limited Liability Partnership Act, LLP firms will get benefit Read More »
About 70 per cent of consumers are aware of the realty law RERA and five out of six home buyers want to redress their grievances through this law. These things have come to the fore in a survey released on Wednesday by Omidyar Network India and Boston Consulting Group. However, the report noted that there …
About 70 percent consumers are aware of realty law RERA: Survey Read More »
SEBI Chairman Ajay Tyagi has said that the capital market is going to play a very important role in the growth of the economy. Keeping this in mind, SEBI is working towards further strengthening the capital market. Capital markets regulator SEBI’s whole-time director G. Mahalingam has floated the idea of a separate gold spot exchange …
Paytm plans to hire 20,000 field sales executives to educate merchants about digital adoption. The recruited field sales executive will have the opportunity to earn a monthly salary of ₹35,000 plus more as commission. Any person who is at least 18 years old and is 10th, 12th or graduate can apply for this job. Interested …
The Reserve Bank of India (RBI) has imposed a fine of Rs 5 crore on Axis Bank for violating the rules. The penalty has been imposed for “violation/non-compliance” of certain provisions of the directions issued by the Reserve Bank of India (RBI). These include ‘Strengthening the control of payment mechanisms between sponsor banks and SCBs/UCBs …
BREAKING: RBI slaps Rs 5 crore fine on Axis Bank Read More »
The Reserve Bank had earlier announced construction of a composite Reserve Bank of India – Digital Payments Index (RBI-DPI) with March 2018 as base to capture the extent of digitisation of payments across the country. The index for March 2021 stands at 270.59 as against 207.84 for March 2020, announced while launching the index on January 1, …
While PAN-Aadhaar linking is mandatory for everyone, SBI has specifically sent alerts to its customers asking them to do so so that they continue to enjoy uninterrupted banking services. SBI in one of its tweets said that we advise our customers to get their PAN linked with Aadhaar and save themselves from the hassle arising …
The jobless rate for women declined to 4.2 percent in 2019-20 from 5.1 percent in 2018-19. Minister of State for Labor and Employment Rameshwar Teli gave a written reply to a question in the Lok Sabha on Monday. The Labor Ministry said in the statement, “The unemployment rate for women has come down to 4.2 …
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021, was promulgated by President Ram Nath Kovind on 4th of April to offer an alternate bankruptcy resolution scheme for small businesses. The Code provides a time-bound process for resolving the insolvency of corporate debtors called the corporate insolvency resolution process. Rajya Sabha is likely to take up …
Let us know who are those works which have to be settled before 31st July : Full details of income paid by the investment fund in the financial year 2020-21 will have to be given in Form No. 64C before the end of this month. According to the statement issued by the Ministry of Finance, …
Did you know that system calculate AATO is now displayed at the Taxpayer’s dashboard? Watch the video to know more
A Credit Score represents how likely you are to repay a loan on time 5 factors that determine your credit score Payment History (35%) – A track record of payments to credit accounts. Overdue Amount (30%) – The amount left unpaid even after the due date. Credit History (15%) – A record of debt and …
To give relief to consumers, Government has reduced Customs Duty on Mosur Dal from 30% to 10%. (Basic Customs Duty reduced from 10% to ‘Nil’ and Agriculture Infrastructure Development Cess reduced from 20% to 10%). This will bring down the retail price of Mosur Dal.
Glenmark Life Sciences and Rolex Rings’ IPO is going to open this week. The IPO of Glenmark Life Sciences, an active pharma ingredients company, will open on July 27 and close on July 29. The price band of Glenmark Life Science is Rs 695-720. Glenmark Life Science will issue a fresh issue of Rs 1060 …
Two IPOs will be open this week, let’s know about both the companies Read More »
DMRC has clearly clarified in its tweet that as per the guidelines, standing travel is still prohibited in Delhi Metro. DMRC also said, “Since standing travel is not allowed in metro trains, entry at stations will also continue to be controlled through the designated gates.”
Great news. Immensely pleased on this announcement. Kakatiya Rudreshwara (Ramappa)Temple is inscribed as UNESCO World Heritage site. Located in Mulugu district in Telangana, with Warangal the nearest town. 🔴 BREAKING!Just inscribed as @UNESCO #WorldHeritage site: Kakatiya Rudreshwara (Ramappa) Temple, Telangana, in #India🇮🇳. Bravo! 👏 ℹ️ https://t.co/X7SWIos7D9 #44WHC pic.twitter.com/cq3ngcsGy9— UNESCO 🏛️ #Education #Sciences #Culture 🇺🇳😷 (@UNESCO) …