Highlights: On Friday, the value of the shares in the Adani Group companies plunged. The circuits of two listed Adani Group companies declined. Adani Total Gas had a 20% decline. [ … ]
Category: Finance
10 Best Savings Accounts In India In 2023 Offering Top Services
One of the most comment and oldest ways people have used to save their hard-earned money is by opening a savings bank account. A savings account is a deposit account [ … ]
7 Most Common Reasons For Personal Loan Rejection (2023)
Have you applied for a personal loan recently but was rejected but you were never explicitly told the reason? Well, there could be many but we have curated the list [ … ]
RBI Monetary Policy: RBI Raises Repo Rates By 35 Basis Points To 6.25%
Highlights: The policy repo rate has been increased by 35 basis points (bps) to 6.25 percent with immediate effect by the RBI monetary policy committee (MPC). A three-day session that [ … ]
Tata Group In Talks To Acquire Packaged Water Major Bisleri For ₹7,000 crore
Highlights: Ramesh J. Chauhan-led Bisleri International operates in the market, with the packaged drinking water brand Bisleri and the spring water Vedica. If the deal is struck, it would provide [ … ]
Highest Rate Hike Delivered By Bank Of England In Over 30 Years
Highlights: It is probable that this will be the Bank of England’s seventh consecutive rate rise and the largest increase ever since 1992. In June, consumer inflation in England reached [ … ]
Big Boom In The Number Of Millionaires In India By 2030: Study
Highlights: According to HSBC, after the aftermath of the Global Financial Crisis, Asia’s financial wealth has surpassed that of the US. By 2030, it is predicted that mainland China would [ … ]
Income Tax Return (ITR) Filing: ‘Extend Due Date Immediately’ Trends On Twitter As People Seek Deadline Extension
Highlights: “Extend Due Date Immediately” trended heavily on Twitter as many people have also complained that the Income Tax portal was not functioning properly. According to the income tax department, [ … ]
5 Years Of GST: Check Out Hits And Misses Of The Indirect Tax Regime In The Last 5 Years
Highlights: Over the past four years, the average monthly collections have increased from Rs 90,000–100,000 crore to Rs 1.20 lakh crore. The introduction of digital tax payment system as a [ … ]
New TDS Rule From July 1: TDS On Crypto, Doctors & Influencers Need To Pay Tax On Freebies
Highlights: A new section, 194R, was added to the Income Tax Act, 1961, as part of the Union Budget, introducing the TDS provision to stop tax revenue leakage. Anyone who [ … ]