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PhonePe wallet inactivity fees do not affect bank accounts or UPI transactionsPhonePe clarifies inactivity fees apply solely to its prepaid wallet, not linked bank accounts or UPI transactions. Users receiving notific...
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
A Stanford study just rewrote the Bengal cat's origin storyNew research reveals Bengal cats' striking looks originate from common house cats. For years, people believed their wild ancestry was respo...
MCA to roll out one-time scheme for late corporate filings with minimal penaltyThe Companies Compliance Facilitation Scheme, 2026, will remain in force between April 15 and July 15. It will allow companies to complete ...
Your demat account will become inactive when this happensAn trading and demat account is most required for purchasing and selling and holding shares. However the trading and demat account could be...
ET Explainer: How to make a dormant bank account regularA savings as well as current account is treated as inoperative or dormant if there are no customer-induced financial or non-financial trans...
When your bank savings account can become dormant, how to revive itInterest credited by the bank on the account balance, as well as any charges deducted by the bank, are not considered as transactions.
How to activate a dormant, inactive NRI accountDepending on the account status, banks mark such accounts as dormant or inactive. As it's likely that you're not keeping an eye on your acc...
India sees registration of over 16,500 new companies in SeptemberOut of them, 7,73,070 companies were closed, 2,298 were assigned dormant status as per the Companies Act, 2013, 6,944 were under liquidatio...
Registrars of Companies removes 3.39 lakh companies in last 2 fiscalsMinister of state for corporate affairs Anurag Singh Thakur said that the ministry through its RoCs files prosecutions against companies th...
Maharashtra's Sangli royals under scanner for Swiss bank accountsFollowing India's request for "administrative assistance" in this matter, the Federal Tax Administration of Switzerland has issued a public...
Active, inactive & dormant: India Inc’s survival rateNearly 55% of new companies formed in the country perish or become dormant, a study has found.
Government strikes off names of 1 lakh companies this fiscalMinister of State for Corporate Affairs P P Chaudhary told the Rajya Sabha that the term 'shell company' is not defined in the Companies Ac...
2.5 lakh companies sans business activity stare at closureAs per norms, the names of these companies will be struck off and the entities dissolved in the absence of any objection, an official said.
Four lakh companies face deregistration for not filing Income Tax returnsThe identified cases will then be sent to the Serious Frauds Investigation Office (SFIO) for scrutiny and the tax department and the Enforc...
Duplication of accounts under Jan Dhan Yojna on rise: SurveyAccording to the survey, conducted in 42 districts spread across 17 states and one union territory, the reasons for duplication of accounts...
- Government launches company law settlement scheme
The latest move comes against the backdrop of a large percentage of companies failing to file their statutory documents making them liable ...
Number of defunct companies rose by 34% to 2.35 lakh last year: Sachin PilotIn 2010, the number of defunct companies stood at 1.75 lakh. The figure increased to 2.20 lakh in 2011 and rose to 2.35 lakh in 2012.
- Banks can freeze an account that's unused for two years
If you don’t withdraw money or carry out any transaction from your account through the bank’s ATM, branch or website, for a period of more ...
- D&B launches publication on India's infrastructure companies
Provider of global business information Dun and Bradstreet has launched its inaugural publication - India's Leading Infrastructure Companie...