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MONEY DEBITED CASH NOT RECEIVED
Rs 1.33 crore cash deposit, no ITR filing, yet senior citizen wins income tax case; ITAT Bangalore explains whyRetired teacher from Mysore deposits Rs 1.33 crore cash in bank, files no ITR; tax dept issues notice; he wins case in ITAT Bangalore as ta...- Money debited but cash not received from ATM: Consumer Commission ordered bank to pay Rs 15,000 compensation; here's why customer wonA Kozhikode consumer commission has ordered Union Bank of India to refund Rs 10,000 and pay Rs 5,000 in compensation to a customer who said...
- Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggeredDigital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...
- UPI payments above Rs 2000 to attract MDR after debit, credit cards? Here’s what users need to know about the proposalWhile there has been no official word from the government on this yet, it is learnt that the Centre could allow a levy of 0.25% to 0.4% as ...
- Why people are using aluminum foil to protect physical cash at home; Ways to protect cash and does this hack really work?Aluminum foil serves as an innovative solution for safeguarding cash against moisture and environmental effects in your home. While it effe...
- Building an emergency fund? Here's when a sweep-in FD beats a liquid fund & when it doesn'tSweep-in fixed deposits and liquid funds offer better returns than savings accounts. Sweep-in FDs provide immediate access for money needed...
- 5 factors influencing how Indians choose to pay while travelling internationallyChoosing how to pay abroad can significantly affect the cost of an international trip. From forex markups and exchange rates to card accept...
- EbixCash World Money's perpetual RBI licence brings trade and family remittances within reach of millionsUnder RBI's revised FEMA framework, EbixCash World Money can now move trade payments up to ₹25 lakh and family maintenance remittances, ope...
- HDFC Bank launches new savings accounts for senior citizens, women: Check features and benefitsHDFC Bank introduced two new savings accounts for specific customer groups. The Specialé Senior Citizen Savings Account offers security and...
- PhonePe Mutual Funds sees 5X growth in Daily SIP transactions driven by demand from smaller citiesPhonePe Mutual Funds onboarded over 500,000 unique investors into its Daily SIP product. Nearly seventy-seven percent of these customers ca...
- SC asks ED if frozen TMC funds can cover party's day-to-day expensesThe Supreme Court questioned the Enforcement Directorate on releasing funds. Frozen TMC bank accounts total Rs 440.42 crore in a money laun...
- Estate planning: Why passing on wealth during your lifetime can be a smarter succession strategyGifting and charity, in cash and kind, during one’s lifetime offers the scope for creating shared experiences of celebration, travel, enter...
- The power of budgeting: A simple guide to managing money for teenagersBala eyed a Rs 1,500 online shopping cart with a tech organiser and gel pens. But with a Rs 2,500 monthly allowance, he realised buying bot...
- US equity funds see inflows as AI optimism revives demand for tech stocksUS equity funds attracted significant investor inflows, reversing prior withdrawals. Renewed confidence in artificial intelligence and stro...
- 'Buy land before buying a car': Financial advisor shares Gujarati family money rules for building wealthFinancial advisor Prem Soni shared 10 Gujarati family money rules focused on building long-term wealth rather than appearing rich. He advis...
- After ditching UPI for over two months, this Delhi woman reveals the money habits she never noticed beforeA Delhi content creator found that using cash for daily expenses reduced her impulse spending. She believes this simple shift made her more...
- Canara Bank recovers loan on a Sunday: Woman says account was emptied without her consent; court orders Rs 45,000 payoutA Kerala consumer commission has ordered Canara Bank to pay Rs 45,000 in compensation and costs after it automatically debited Rs 53,463 fr...
- Elon Musk launches invite-only X Money with a Visa debit card, 6% yield and real-time transfersElon Musk's X platform has launched X Money, a new financial service. This service allows users to send money to each other in real-time. X...
- IITian earning Rs 1 crore had to borrow Rs 15,000 to pay income tax. His CA shares a financial lessonCA Pratibha Goyal shared on X that one of her IITian clients, who has earned over Rs 1 crore annually for five years and owns three houses,...
- Why using a debit card for groceries and fuel is a costly mistake. CA explains why you may be losing outCA Nitin Kaushik argues that using a debit card for everyday expenses like groceries, fuel and travel could mean missing out on rewards, fr...
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