News and Updates

Keep yourself updated with the latest financial news and updates.

Posted On : 18-Aug-2022

Reference : Indiatoday.in

FALLING RUPEE AND INFLATION: COMMON MAN’S DEMONS

Milk, curd, honey, hospitalization, hotel rooms, and studying abroad are some common things that will get costlier and burn a hole in the common man's pocket. Why? Because the government decided to levy GST on items that were exempt earlier.

Posted On : 18-Aug-2022

Reference : ET Wealth

WHAT IS AIS? INCOME TAX DEPARTMENT ANSWERS ALL YOUR QUERIES ABOUT ANNUAL INFORMATION STATEMENT

The Annual Information Statement (AIS) is a tool the tax department uses to let people know what information it holds on them.

Posted On : 18-Aug-2022

Reference : Business League

PAN CARD CORRECTION AT HOME: GOOD NEWS! NOW YOU CAN DO PAN CARD CORRECTION IN THESE TWO WAYS AT HOME, KNOW EASY PROCESS HERE

One of the most important documents we have is a PAN card. Open an account in a bank, apply for PF, apply for a loan, check your civil score, file income tax return etc. For all these works, you need a PAN card.

Posted On : 18-Aug-2022

Reference : ET Wealth

HOW MUCH WILL YOU SAVE USING PAY-AS-YOU-DRIVE VEHICLE INSURANCE COVER?

With premiums linked to mileage and quality of driving, the Insurance Regulatory and Development Authority of India (Irdai) has permitted insurers to launch pay-as-you-drive motor insurance policies.

Posted On : 18-Aug-2022

Reference : Rightsofemployees.com

INCOME TAX BIG NEWS : TAX OF RE 1 WILL NOT HAVE TO BE PAID EVEN ON EARNING OF 10 LAKHS, KNOW FULL DETAILS

Income Tax Saving: Form-16 has been issued by the companies. The last date for filing ITR has been fixed by the Income Tax Department as July 31. In such a situation, if you are also thinking of paying tax on an income of 10 lakh rupees, then you are wrong.

Posted On : 18-Aug-2022

Reference : ET Wealth

INSTEAD OF JUST FOCUSING ON INVESTMENTS, YOUNG PEOPLE SHOULD STRIKE A BALANCE BETWEEN SPENDING, SAVINGS

Once you observe the magic of compounding in your savings, and once you realize that money just multiplies on its own, this personal experience will be far more effective than any financial literacy class that you might attend.

Posted On : 18-Aug-2022

Reference : Financial Express

WILL TOKENISATION MAKE YOUR CREDIT AND DEBIT CARD TRANSACTIONS SAFER?

Online transactions are going to be much safer now with the introduction of a new data security process, known as tokenization, by the RBI.

Posted On : 09-Jul-2022

Reference : ET Wealth

ITR filing: How to get errors in Form 26AS corrected

Form 26AS is one of the important documents required for ITR filing. It is a tax passbook containing details of the taxes that have been deducted from an individual's income during the financial and deposited against his PAN to the government. It is important to ensure that all the taxes deposited against an individual's PAN are reflected in Form 26AS to be able to take tax credit while filing an ITR.

Posted On : 09-Jul-2022

Reference : The Siasat Daily

HYDERABAD WOMAN LOSES RS 39 LAKH IN CYBER FRAUD

A woman from Hyderabad lost Rs.39 lakh to cyber fraudsters who cheated her in the name of the ‘KBC lottery’.

Posted On : 09-Jul-2022

Reference : News18.com

BANK FRAUD: ICICI BANK WARNS CUSTOMERS OVER NEW BANKING SCAM; CHECK HOW TO BE SAFE

As per the ICICI Bank, fraudsters are now hacking the customer’s WhatsApp or Facebook account and sending messages to his or her contacts, asking for money.

Posted On : 09-Jul-2022

Reference : The Indian Express

WOMAN TRIES TO SELL FURNITURE ONLINE FOR RS 21,000, INSTEAD LOSES RS 3.77 LAKH TO CYBER FRAUD

According to the woman, her company’s chief general manager called her saying that he wanted to sell some furniture for Rs 21,000 and he met a potential customer on Quickr, an online marketplace, who showed interest in buying them.

Posted On : 09-Jul-2022

Reference : TimesNowNews.com

MUMBAI WOMAN ACCIDENTALLY TRANSFERS RS 7 LAKH TO WRONG ACCOUNT, BENEFICIARY REFUSED TO RETURN MONEY SAYING HE WON LOTTERY

A Mumbai woman accidentally transferred Rs 7 lakh to the wrong account and the unintended beneficiary refused to return the money, saying that he had won a lottery.

Posted On : 09-Jul-2022

Reference : ET Wealth

A LOOK AT WHAT WENT WRONG WITH VAULD

“This is due to a combination of circumstances such as the volatile market conditions, the financial difficulties of our key business partners inevitably affecting us, and the current market climate,” said chief executive officer (CEO) Darshan Bathija in a statement on the company’s website.

Posted On : 09-Jul-2022

Reference : News18.com

SBI CUSTOMERS: NO NEED TO GO TO BRANCH, GET BANKING SERVICES ON PHONE; KNOW HOW

Apart from not having to make rounds at the branch to get work done, SBI customers will also be able to get several services on Sundays and holidays.

Posted On : 09-Jul-2022

Reference : Money Control

SEVEN COMMON MISTAKES PEOPLE MAKE WHEN PLANNING FOR HEALTH INSURANCE

The absence of personal health insurance, delayed and inadequate coverage, and wrong disclosures are among the common mistakes people make.