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Source: Live Mint Life insurance is a crucial pillar of financial security, offering peace of mind and protection for your loved ones. However, customers often find themselves with policies that don’t align with their actual needs. Sometimes, what customers truly require is not what they’re offered, as the focus shifts toward savings or investments rather…
Source: Live Mint About 83.9 million Indians have filed income tax returns (ITRs) for financial year 2023-24 (FY24) as of December 2024. Of these, only 28.2 million (or 34%) paid tax, while the remaining 55.7 million (66%) had zero tax liability. This data was released by the finance ministry in a response to queries during…
Source: Live Mint The gross non-performing assets (GNPAs) pertaining to gold loans in scheduled commercial banks (SCBs) and Upper and Middle-Layer non-banking financial companies (NBFCs) have increased by 18.14% from March 2024 to June 2024, according to a reply filed by the Ministry of Finance Read Full Article
Source: Business Standard 4 min read Last Updated : Oct 16 2024 | 11:28 AM IST The Finance Ministry has released a note in the form of frequently asked questions (FAQ) regarding the Direct Tax Vivad Se Vishwas Scheme, 2024. Click here to connect with us on WhatsApp “In order to…
Source: Business Standard Helpdesk support was provided through inbound calls, outbound calls and live chats. | Representational Image 2 min read Last Updated : Oct 09 2024 | 7:48 PM IST The finance ministry on Wednesday said more than 34.84 lakh audit reports, including about 34.09 lakh Tax Audit Reports (TARs), have been filed…
Source: Business Standard 3 min read Last Updated : Oct 07 2024 | 8:54 PM IST The finance ministry on Monday invited public input and suggestions for the proposed comprehensive review of the Income Tax Act. The comments were sought in four categories: simplification of language, litigation reduction, compliance reduction, and redundant/obsolete provisions. …
Source: Business Standard 4 min read Last Updated : Oct 02 2024 | 8:10 PM IST The Ministry of Finance has released new guidelines for handling delayed tax refund claims and loss carry forward applications. The new guidelines issued on Tuesday increase the limit of tax refund claim amount in condonation of delay cases…
Source: Business Standard Union Finance Minister Nirmala Sitharaman | (Photo: PTI) 2 min read Last Updated : Sep 25 2024 | 5:01 PM IST Finance Minister Nirmala Sitharaman on Wednesday said AIIB should continue to focus on a client-centric approach and facilitate member countries, particularly low-income countries to avail financial resources through technical assistance….
Source: Business Standard Union Minister of Commerce and Industry Piyush Goyal | (photo: ANI) 3 min read Last Updated : Sep 24 2024 | 7:46 PM IST Union Commerce and Industry Minister Piyush Goyal on Tuesday assured realtors that he would take up the issue of easy financing to the real estate sector like…
Source: Business Standard Tax: Representational | (Photo: Shutterstock) 2 min read Last Updated : Sep 24 2024 | 9:48 PM IST The finance ministry on Tuesday said the Supreme Court has disposed of 573 direct tax cases after the monetary limits for filing appeals were revised in the Budget. The Union Budget 2024-25…
