The Reserve Bank of India could consider changes in the timing of computation of Cash Reserve Ratio (CRR) for banks to help them manage funds more adroitly amid 24/7 funding obligations, industry sources said. From 11:59 pm, the central bank could contemplate opting for a much earlier time for computation of the CRR, which is…
The Reserve Bank of India (RBI) has asked credit rating firms to list the companies holding back information used to assess the credit-worthiness of a borrower Of the 40,000 companies rated in India, about half do not cooperate with credit rating agencies (CRAs). “RBI now wants to know how many such ratings are there, why have…
IRCTC’s online booking platform is experiencing outages, with many users turning to Twitter to express their frustration about the server being down during peak hours. Customers are encountering difficulties while trying to book tickets both on the website and the app. According to a statement from IRCTC, the ticketing service is currently unavailable due to…
It’s raining offers and cashbacks! If you have been eyeing the new iPhone 14 and wish to buy it but do not want to shell out a lot of money then now is the right time to bring home the new Apple phone. Several e-commerce giants are currently running special discounts and deals on the…
Petrol, Diesel Prices Cut Today On March 15, 2024: In a big relief to common people, the Central government has slashed petrol, and diesel prices across the country ahead of the Lok Sabha Elections 2024. The Union Ministry of Petroleum and Natural Gas announced the price cut decision on March 14 via social media platform…
In this article, we explore essential considerations to keep in mind prior to filing your income tax return. Before filing your income tax return, it’s essential to be well-informed about the process. Most tax filing sites (ERIs) that are registered with the Income-tax Department (ITD) will now ask you for an OTP which will help…
The deadline to link PAN with Aadhaar was June 30, 2023. If PAN is not linked with Aadhaar, PAN will become inoperative from July 1, 2023, according to the CBDT notification dated March 28, 2023. There are many disadvantages if PAN becomes inoperative. One of them is you have to pay higher TDS on dividend…
As the deadline for filing income tax returns (ITRs) is approaching, the income tax department has released the online ITR-3 form on its official website. The tax department had already made available online forms for ITR-2, ITR-1, and ITR-4. There are seven ITR forms for individuals, namely, ITR 1, ITR 2, ITR 3, ITR 4,…
It is difficult to keep track of the due date on credit card bills. Customers often fail to remember the due dates of their credit card payments and sometimes even miss the deadline. Besides the financial obstacle, it also impacts one’s credit score. There are also times when people receive a credit card with a…
National Pension System (NPS) subscribers will soon get a new option for funds withdrawal as the pension fund regulator PFRDA plans to come out with a systematic withdrawal plan. “It is at a very advanced stage. Hopefully, by the end of next quarter we should be able to come out with a scheme like that,”…