The income tax department has recently sent an advisory to taxpayers regarding the mismatch between disclosures in the income tax returns filed and the information received from the reporting entities. The reporting entities include a host of agencies like banks, stock market players, financial institutions, and mutual funds among others. According to the latest reports,…
WhatsApp is finally working on a feature that will let users stop sharing their phone numbers with strangers. Android users having the beta version have got the option to create usernames that can be shared instead of numbers to connect on WhatsApp. And now, it has been noticed that the messaging app will have the…
The State Bank of India (SBI) has hiked interest rates on fixed deposits (FDs). This interest rate is applicable on FDs below ₹2 crore. The new rate is effective from today, 27 December 2023. The bank has increased the rates on all tenures except for one year to less than 2 years, 2 years to…
DRDO 2024 Jobs Recruitment Notification.Defence Research and Development Organization inviting applications for the positions of Junior Research Fellowship.Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 24th January, 2024. No.of Posts and Vacancies :-Junior Research Fellowship: 1 Post Qualification: B.E./B.Tech. in Mechanical Engineering with First Class with…
Bank Holidays In January 2024: In January 2024, banks in India will observe closures for 16 days. Those with urgent banking needs should take note of the designated holiday dates. Bank customers must understand that while physical branches will be shut on these upcoming holidays, digital services like mobile banking, UPI, and Internet banking will…
If you have always been thinking of owning your dream house, but lack the financial resources for purchase, a good old home loan is always there to watch your back. Home loans are provided by all banks and non-banking financial firms. A down payment is required when purchasing a home, with the bank giving the…
The RBI on Wednesday introduced a Card-on-File (CoF) token facility at the level of banks and other institutions to provide convenience for cardholders to get tokens created and linked to their existing accounts with various e-commerce applications. At present, a CoF token can only be created through the merchant’s application or webpage. For a CoF,…
EPFO 2023 Jobs Recruitment Notification.Employees’ Provident Fund Organisation inviting applications for the positions of Junior Engineer.Interested and Eligible candidates can apply for the positions. Last Date for Submission of Application is on 27th January, 2024. No.of Posts and Vacancies :-Junior Engineer (Civil): 33 PostsJunior Engineer (Electrical): 1 Posts Qualification:Junior Engineer (Civil): Diploma in CivilJunior Engineer…
Google continues to push the envelope with its advancement in the field of AI thanks to divisions like DeepMind that have been entrusted with building new AI solutions. And recently the large language model (LLM) from DeepMind was able to solve a complex Maths problem which many thought was unsolvable. The interesting thing about the…
Balances in savings / current accounts that are not operated for 10 years, or term deposits not claimed within 10 years from the date of maturity are classified as “Unclaimed Deposits”. How to claim the unclaimed deposits? Every bank is required to show the details of unclaimed accounts on its website, as per the RBI…