Bank holiday in July 2023: Banks will remain closed for as many as fifteen days in the month of July 2023. These holidays includes Second and fourth Saturdays as well as Sundays, according to the Reserve Bank of India (RBI) holiday calendar. Of these, eight holidays are listed under the Holidays Under Negotiable Instruments Act,…
The income-tax return filing season is upon us, and many taxpayers are now gearing up to file their tax returns for the financial year ending 2022-23. A few changes have been made to the ITR forms this year (as compared to last year) which taxpayers should know before starting to file. Here is a look…
The Employees’ Provident Fund Organisation (EPFO) has finally released an Excel-based calculator for employees who want to opt for a higher pension from the Employees’ Pension Scheme (EPS). The calculator helps an employee to estimate the amount of money he/she has to pay now if they opt for a higher EPS pension before the deadline…
The PAN card is vital and is used for tax administration, identity verification, etc,. For the purpose of filing your income tax returns, the distinctive ten-digit alphanumeric character is very important. On our documents, names are frequently spelt somewhat differently or due to spelling errors, mismatch with the name in our Aadhaar. Additionally, people occasionally…
The last date for filing income tax returns (ITR) earned in the 2022-23 fiscal is July 31 for salaried taxpayers. However, it is essential to file the return as soon as possible so that an earning individual might receive an ITR refund as soon as possible. Is your income tax refund taxable?Some people think that…
Amazon India is yet to officially announce the Prime Day sale in the country. But the upcoming annual has already started making headlines. In a latest, alleged dates of Amazon Prime Day sale in India have leaked. According to a report by MySmartPrice, the sale is likely to start in mid-July. Specifically, Amazon Prime Day…
A pair of train services will be partially cancelled on 29 June due to the engineering works in the Guntakal Division of South Central Railway, Southern Railways has said as reported by ANI. As per the information shared Train No. 22616 from Coimbatore Junction-Tirupati and 22615 from Tirupati-Coimbatore Junction has been partially cancelled on 29…
One97 Communications on Monday enabled the ‘pin recent payments’ feature on the app. With this feature, the company which owns India’s leading payments and financial services brand Paytm brings one more innovative feature to facilitate convenient mobile payments for users. In a statement, Paytm Spokesperson said, “As the leader in mobile payments, we continuously bring…
The Reserve Bank of India (RBI) Monday imposed monetary penalties on seven co-operative banks for contravention of/non-adherence with the certain norms issued by the central bank for the co-operative banks. These banks are Textile Traders Co-operative Bank Ltd, Ujjain Nagarik Sahakari Bank Maryadit, Panihati Co-operative Bank, The Berhampur Co-operative Urban Bank, Solapur Siddheshwar Sahakari Bank,…
Owning a home brings pride and satisfaction, but it is also the biggest financial obligation for the individual. The flurry of rate hikes by the RBI has pushed up home loan rates from 6.5% to 9% in the past 15 months. A 20-year home loan taken in April 2022 at 6.5% will now have to…