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CASH DEPOSIT IN BANK
Cement trader deposits Rs 14.74 lakh during demonetisation, gets tax notice over Rs 5.72 lakh unexplained cash; wins case in ITAT CuttackMr. Patra, a cement trader from Balasore, encountered problems with the Income Tax Department over cash deposits that were deemed unexplain...
Bank holiday on Diwali/Bali Pratipada? Are banks open or closed today on November 10, 2026?Bank holiday today: Bank branches in few states will be closed on November 10, 2026. This closure is due to the observance of Bali Pratipad...
India short bonds may underperform on rate hikes, cash squeezeIndia's bond market is experiencing changes due to recent interest rate hikes and tightening liquidity conditions. The Reserve Bank of Indi...
Diwali/ Laxmi Puja bank holiday: Are banks open or closed today on November 9, 2026?Bank branches will close in certain states on November 9, 2026, for Diwali and related festivities. Customers should verify bank operating ...
FCNR(B) interest bill to keep dollar hedging costs highAs a multibillion-dollar FCNR(B) interest bill escalates, Indian banks grapple with increased dollar hedging expenses. Recently, the Reserv...
Woman deposits Rs 1 lakh in post office, postmaster issues receipt but no certificate, then runs away with her money; court orders department to pay her Rs 1.15 lakhA woman above 60 deposited Rs 1 lakh at Karnataka's Kodikoppa Post Office for a Senior Citizens' Savings Scheme account and Rs 500 for a sa...
How a banking scandal is taking down Trump’s ally in ParaguayParaguay's Ueno Bank has collapsed, leaving customers locked out of their accounts and prompting nationwide protests. President Santiago Pe...
Saturday bank holiday: Are bank branches open today, November 7, 2026? Check detailsCustomers should mark November 7, 2026, on their calendars as banks will be fully operational on this first Saturday of the month. They wil...
Dhanteras bank holiday: Will banks be open or closed today, November 6, 2026?Banks in India will remain open on Dhanteras, which falls on November 6, 2026? Although most transactions can be completed online, some may...
JPMorgan’s relationship with Jeffrey Epstein may be probed by Democrats after Senate takeover, says reportJPMorgan Chase’s banking relationship with the late sex offender Jeffrey Epstein will be probed by the Democrats after they take control of...
Fake US officials, forged court orders and gold pick-ups: How a Hyderabad call centre targeted nearly 2 million citizens and stole Rs 261 croreThe Enforcement Directorate has uncovered a fake call centre syndicate that allegedly defrauded US citizens of millions. Investigators arre...
Insurance agent deposits Rs 35 lakh cash collected from policyholders in his bank account, gets tax notice; he fights and wins in ITAT JaipurPolicyholders gave Rs 35 lakh cash as insurance premiums which agent deposited in his bank a/c; Income Tax Dept sent agent notice for unexp...
Son gets income tax notice for Rs 33.23 lakh in property investment and cash; he gets relief in ITAT Jaipur for this reasonMother sold 642 grams gold jewellery, gifts the amount to son via notarised gift deed, son buys property and deposits cash in bank but gets...
These 11 private and public banking stocks have an upside of up to 33% in 1 year, according to analystsIt is too early to read a lot into the divergence seen in the stock price movements of private and PSU banks on Tuesday. Neither can it be ...
Supreme Court ends monitoring of Ram Mandir donation theft probe after UP files charge sheetThe Supreme Court concluded the court-monitored investigation on the Ayodhya Ram Mandir donation theft case. This decision came after the U...
IDBI Bank strike on November 2 and 3, 2026: Bank advises customers to use digital channels; removes fee on non-IDBI ATM withdrawalsIDBI Bank strike today: IDBI Bank employees initiated a two-day strike on November 2 and 3, 2026, opposing the sale of the bank's majority ...
Rs 60 lakh cash deposit in widow's bank account triggers income tax notice for unexplained credit; she fights back and wins in ITAT PuneMs Parve’s counsel argued in ITAT Pune that she is a housewife and never filed her income tax return (ITR) as she had no independent source...
RS bypoll affidavit: Wife wealthier than Hardeep Singh Puri, owns Geneva apartmentHardeep Singh Puri filed his nomination papers for the Rajya Sabha bypoll scheduled on November 12. His affidavit reveals his wife, Laxmi P...
PNB credit card changes from November 1, 2026: Bank to revise Visa, RuPay card charges for ATM withdrawals, late payment fees, utility bill payments and morePunjab National Bank will implement revised charges for credit card services on November 1, 2026. Changes will include increased fees for c...
₹20.45 lakh cash deposits, ₹12.64 lakh capital gains from property sale questioned by Income Tax Department; here’s why woman wins relief at ITAT HyderabadA Telangana woman successfully challenged an income-tax dispute involving substantial cash deposits and a property sale. The ITAT Hyderabad...