If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...

The Enforcement Directorate froze bank deposits worth over fifty-one crore rupees. This action is part of a fresh probe into a massive bank...

Karnataka minister B Nagendra resigned from his cabinet post on Friday. He stepped down to prevent embarrassment to the Congress leadership...

Over Rs 53 lakh crore has been transferred through Direct Benefit Transfer to beneficiaries. Nearly 33 crore women now hold Jan Dhan accoun...

The Pradhan Mantri Jan Dhan Yojana has achieved unparalleled impact and transformative outcomes. This initiative has significantly reshaped...

Tax officer sent black money notice to Pitampura based couple and added Rs 2.25 undisclosed money from Singapore and British Virgin Islands...

Banks are enhancing suspicious transaction reporting for money mule accounts. They aim for better analysis and pattern identification by th...

The Pradhan Mantri Jan Dhan Yojana has completed twelve years of service. Over fifty-nine crore bank accounts now exist under this financia...

Non-Resident Indians utilize NRE accounts to facilitate smooth transfer of their overseas income. For income earned within India, they comm...

Women remain underrepresented in India’s rapidly expanding gig economy despite near-equal access to basic bank accounts. An ILO-NCAER study...

Moving abroad as an NRI? Your PPF account might not need immediate closure. Discover how your contribution, withdrawal, and maturity option...

A foreign bank account can create a major U.S. tax filing duty. The FBAR, or FinCEN Form 114, applies when qualifying foreign accounts exce...

Black money notice sent to man with Singapore FD and current bank a/c in his name and no ITR declaration; Know how he won case in ITAT Delh...

The Calcutta High Court disposed of Abhishek Banerjee's petition regarding his frozen bank accounts. His accounts and cards were reactivate...

Individuals classified as Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) are restricted from opening standard resident sav...

Fish machinery businessman's bank account frozen as he declared 5.76 lakh income but got Rs 23 lakh via RTGS; HC orders bank to pay Rs 50,0...

Non-Resident Indians are allowed to set up joint FCNR (B) accounts with their resident family members. These accounts must function on a 'F...