Category: Finance
Budget 2023 income tax: Why there is a case for increased standard deduction on salary
Union Budget 2023: The Income-tax Act, 1961 not only provides for levy of tax on income, but it also provides various methods for claiming deductions…
Yes Bank AT-1 bonds case: ET explainer: Yes Bank and the AT-1 bonds saga, what next for investors?
In what came as a positive development for retail investors, the Bombay High Court last week invalidated the write-off of additional Tier-1 (AT1) bonds issued…
Exemption-less income tax regime under review, could see changes this Budget
Less than half a million taxpayers have opted for the new exemption-less income tax regime since its rollout, prompting a review to see if measures…
10 new mutual fund offers or NFOs currently open. Should you invest?
Mutual fund houses have been busy launching new schemes lately. The buzz has caught the attention of many investors, too. At least 10 new fund…
Union Budget 2023: Budget 2023 needs to do this to make ESOPs more attractive for employees
Over the last few years, Employees Stock Options or ESOPs are being used as a powerful compensation tool by companies, particularly start-ups, to achieve multiple…
Finance Ministry exhorts banks to achieve targets of social security schemes for FY’23
The Finance Ministry on Thursday asked banks to achieve targets given under the flagship financial inclusion and social security schemes for the current financial year….
eRupee can’t be turned into cash directly, for now
(This story originally appeared in on Jan 19, 2023) Mumbai: Currency notes cannot be directly exchanged for central bank digital currency (CBDC), or the eRupee….
EPF e-passbook facility working again on EPFO portal
After being down for more than a week, members of the Employees’ Provident Fund Organisation (EPFO) can now access their online EPF passbook. The e-passbook…
union budget 2023: Budget 2023: Indian shadow lenders call for rescue route from cumbersome compliance maze
Non-Banking Financial Companies in India are finding it difficult to adhere to the compliance obligations set by the Reserve Bank of India (RBI). The forthcoming…
Insurance Sector Budget Expectations: Budget 2023: Income tax sops for health, life insurance policyholders; GST cut, what insurance industry wants
Finance Minister Nirmala Sitharaman will present Union Budget 2023 on February 1, 2023. Insurance related expenses form a good part of individual taxpayer’s household budget….