Finance Ministry exhorts banks to achieve targets of social security schemes for FY'23
Posted in Finance

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….

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Union Budget 2023: Are you richer or poorer? Here's the bottomline
Posted in Finance

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….

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Posted in Finance

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…

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union budget 2023: Budget 2023: Indian shadow lenders call for rescue route from cumbersome compliance maze
Posted in Finance

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…

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Insurance Sector Budget Expectations: Budget 2023: Income tax sops for health, life insurance policyholders; GST cut, what insurance industry wants
Posted in Finance

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….

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NPS Deduction Budget 2023: Will Budget 2023 hike NPS deduction to 14% for private sector employees?
Posted in Finance

NPS Deduction Budget 2023: Will Budget 2023 hike NPS deduction to 14% for private sector employees?

The National Pension System (NPS) is a voluntary retirement savings scheme initiated by the Government in the year 2004 and it is regulated by the…

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Union Budget 2023: Budget 2023 should clarify how a non-resident's income from cryptocurrencies will be taxed
Posted in Finance

Union Budget 2023: Budget 2023 should clarify how a non-resident’s income from cryptocurrencies will be taxed

Individuals who invest in Bitcoin while they are residents of India and then transfer/sell the same bitcoins in subsequent years when they have become non-residents…

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Indian-American Harmeet Dhillon says she is being attacked by fellow Republicans because of her Sikh faith
Posted in NRI News

Indian-American Harmeet Dhillon says she is being attacked by fellow Republicans because of her Sikh faith

WASHINGTON: Harmeet Dhillon, a prominent Indian-American attorney who is running for Republican National Committee (RNC) chairwoman, has alleged that she is facing bigoted attacks from…

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Armenian museum reopens in Jerusalem's Old City
Posted in Middle East News

Armenian museum reopens in Jerusalem’s Old City

JERUSALEM: A hundred years after taking in scores of children whose parents were killed in the Armenian genocide, a 19th-century orphanage in Jerusalem‘s Armenian Quarter…

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US man found guilty of death of five-year-old Indian-origin girl
Posted in NRI News

US man found guilty of death of five-year-old Indian-origin girl

HOUSTON: A 35-year-old man has been found guilty in the 2021 killing of a five-year-old Indian-origin girl in the US state of Louisiana.A stray bullet…

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