ITR Filing: Over 8 crore income tax returns submitted for AY 2023-24, says IT department

ITR Filing: Over 8 crore income tax returns submitted for AY 2023-24, says IT department

The Income Tax Department on Friday said over 8 crore income tax returns were filed for assessment year 2023-24 till date. In a post on X, I-T deparment said: “Unique landmark for the Income-tax Department! Over 8 crore ITRs filed for the AY 2023-24 till date,” the income tax department said in a post on … Read more

Understanding Mutual Fund SIPs: 7 ways in which SIP investments empower retail investors

Understanding Mutual Fund SIPs: 7 ways in which SIP investments empower retail investors

Mutual Fund systematic investment plans (SIPs) can empower retail investors in numerous ways. These instruments democratise investment opportunities, ensuring even small investors can build a substantial portfolio over time. Capital appreciation, disciplined goal-based savings, risk management, affordability, and ease of investing are pivotal elements that empower retail investors through SIPs.   1) Investing small amounts:  … Read more

Not yet filed ITR for FY23? December 31 is your last chance to file belated income tax returns

Not yet filed ITR for FY23? December 31 is your last chance to file belated income tax returns

The last chance for filing Income Tax Returns (ITR) for the financial year 2022-23 is no longer a distant deadline, but an immediate obligation as the year comes to a close. If you haven’t filed your ITR yet, December 31, 2023, is your final opportunity to do so but it comes with penalties and interest … Read more

Commercialisation of education, health never in interest of society: Vice President Dhankhar

Commercialisation of education, health never in interest of society: Vice President Dhankhar

Vice President Jagdeep Dhankhar. File. | Photo Credit: PTI Vice President Jagdeep Dhankhar has said commercialisation of education and health can never be in the interest of society. He expressed hope that the current situation will change with the implementation of the new National Education Policy.  Mr. Dhankhar was addressing the 11th foundation day ceremony … Read more

Water dues: Govt. asks MCC to submit proposal on interest waiver

Water dues: Govt. asks MCC to submit proposal on interest waiver

The State government is mulling over introducing the interest waiver scheme on water dues (for domestic consumers) as it has asked the Mysuru City Corporation to submit a proposal in this regard. The direction came at a meeting chaired by Minister for Urban Development B.S. Suresh (Byrathi) in Bengaluru on Thursday, August 31, in which … Read more

Selling could intensify if Nifty breaks 18,042: Analysts

Selling could intensify if Nifty breaks 18,042: Analysts

The Nifty has closed below its short-term moving average and the broader price structure. According to technical analysts, these indicate a possibility of a bearish head and shoulder pattern formation. Hence, upside momentum is expected only above the 18,267 level, while the index can witness selling if 18,042 is broken. Stocks such as Siemens, ABB, … Read more

Rajasthan: Gehlot approves interest subsidy for first-ever women’s cooperative fund

Rajasthan: Gehlot approves interest subsidy for first-ever women’s cooperative fund

Jodhpur: Rajasthan Chief Minister Ashok Gehlot addresses the divisional level workers’ conference against the BJP and the central government, in Jodhpur, Tuesday, March 28, 2023. (PTI Photo)(PTI03_28_2023_000218B) | Photo Credit: PTI Rajasthan Chief Minister Ashok Gehlot on Monday approved a proposal for giving 8% interest subsidy on loans obtained by the members of women’s self … Read more

Regulatory push has helped deepen bond market: Ind-Ra

Regulatory push has helped deepen bond market: Ind-Ra

Mumbai: Recent regulatory push for companies to borrow through corporate bonds has reduced reliance on banks for finance and deepened the capital market, rating agency India Ratings and Research (Ind-Ra) said on Thursday. While high-rated borrowers would continue to scout for the cheapest sources of funding, it will ultimately be a function of the capital … Read more

Diamond workers in Surat evince interest in AAP’s promises

Diamond workers in Surat evince interest in AAP’s promises

Diamond workers at Gayatri society in Surat | Photo Credit: Abhinay Deshpande Workers in Surat’s famous diamond cutting and polishing sector, reeling under the twin problems of unemployment and low wages amid the ongoing Russia-Ukraine conflict that has snapped the supply of rough stones, appear to be looking at the Aam Aadmi Party’s (AAP) manifesto … Read more