Rs 60 lakh cash gift from late husband: Widow gets income tax notice for'unexplained' credit - Know what ITAT ruledMs 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...
28 Oct, 2026, 11.52 AM IST
India’s record bank cash surplus fades as RBI curbs rupee betsIndian banks have seen their excess funds drop significantly as the Reserve Bank of India maintains liquidity tightness. This monetary poli...
28 Oct, 2026, 07.56 AM IST
ED arrests Delhi-based ticketing agent in 'Dunkey Route case' linked to Indians deported from USA in Feb 2025Tarun Khosla, a Delhi-based ticketing agent, was arrested by the Enforcement Directorate in October 2025. He was involved in facilitating i...
27 Oct, 2026, 08.27 PM IST
EPFO Vishwas 2026 scheme: How penalty on employer for late PF contributions can be cut from 37% a year to 1% a monthUnder the EPFO's VISHWAS, 2026 scheme, employers can settle delayed PF contribution penalties at reduced rates. This scheme allows penaltie...
22 Oct, 2026, 05.38 PM IST
Systemic liquidity seen uneven as some banks continue market borrowingSeveral banks in India have been borrowing from the market despite substantial foreign currency non-resident deposits inflow. This situatio...
21 Oct, 2026, 05.53 PM IST
From Dhirubhai to Akash Ambani, Reliance made stocks popular with IndiansJio Platforms’ IPO is putting the Ambani family’s relationship with India’s retail investors on a new footing, almost five decades after Dh...
21 Oct, 2026, 04.27 PM IST
Rs 24 crore cash sales in Form 26AS, Rs 4-crore tax demand: How a five-star hotel cook won his case in Delhi High CourtMr. Lalit, a cook at Hotel Ashoka, received a surprising income tax notice claiming Rs 4 crore. This notice cited Rs 24 crore in cash sales...
20 Oct, 2026, 08.22 AM IST
HDFC Bank Q2 Results: Net profit rises 5% YoY to Rs 19,510 crore; NII grows 10%HDFC Bank Q2 Results: India’s largest private lender HDFC Bank on Saturday reported a net profit of Rs 19,509 crore for the second quarter ...
17 Oct, 2026, 02.49 PM IST
Global Market: Bank of China (Hong Kong) plans $3.3 billion onshore yuan debt issuanceBank of China (Hong Kong) plans to issue up to 22.2 billion yuan in onshore negotiable certificates of deposit in 2026, strengthening fundi...
15 Oct, 2026, 11.34 AM IST
Best CD rates today, Oct. 14: 11-month or 12-month at 4.40% APY? What the Fed’s September hike means for your pickThe best short-term certificates of deposit (CDs) are offering yields of around 4% to 4.40% APY on Wednesday, October 14. Capital One is of...
14 Oct, 2026, 09.22 PM IST
Senior citizen gets income tax notice over Rs 65.27 lakh cash deposit in bank account; his son proves source of funds and wins case in ITAT JaipurSenior citizen sent income tax notice for Rs 65.27 lakh unexplained cash deposit, which was later proved to be pension and FD money; ITAT J...
13 Oct, 2026, 04.28 PM IST
5-year FD vs NSC calculator: Check maturity senior citizens can get on Rs 2.5 lakh investment in NSC and FDs from SBI, HDFC Bank, PNB, ICICI Bank and othersFor senior citizens eyeing steady income, evaluating National Savings Certificates against bank fixed deposits is crucial. Investing Rs 2.5...
13 Oct, 2026, 03.11 PM IST
Bitcoin price prediction: Why BTC USD can drop before a Fed rate hike and rally afterBitcoin price prediction: BTC USD fell ahead of the Fed’s rate hike but rebounded afterward. Here’s why interest rate expectations, investo...
13 Oct, 2026, 02.49 AM IST
Salary from South Korean employer credited to NRE account triggers income tax notice; ITAT Bangalore gives employee reliefEmployee gets income tax notice over salary received in NRE account from South Korean employer; ITAT Bangalore gives him relief. Know what ...
12 Oct, 2026, 04.11 PM IST
Fintech Sakhi brings digital banking closer to tribal communities in GujaratResidents of Chhota Udepur district, Gujarat, are experiencing enhanced access to digital banking services. Through the initiative of Bank ...
12 Oct, 2026, 02.15 PM IST
Indian debt funds set to extend $4.5 billion bond selloff after RBI policy shiftIndian mutual funds have sold $4.5 billion in government bonds since July, prompted by changing rate expectations. The Reserve Bank of Indi...
12 Oct, 2026, 10.34 AM IST
Banks cut CD borrowings by Rs 1.3 lakh crore in a month amid RBI liquidity boostIndian banks significantly decreased the issuance of certificates of deposit, lowering outstanding amounts by ₹1.3 lakh crore. This change ...
06 Oct, 2026, 06.04 AM IST