Searched for
EQUALIZATION LEVY WITHDRAWAL
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.- YES Bank revises salary account charges from October 1: ATM fees, debit card charges & other key changes you must knowYES Bank has revised its smart salary schedule of charges. The changes apply to customers holding Smart Salary account variants such as Sma...
- Customs duty cuts, levy withdrawals an ongoing process, not linked to global events: FM SitharamanFinance Minister Nirmala Sitharaman emphasized that India's process of reducing customs duties and eliminating the equalization levy is ong...
- New LIC life insurance cover: 7 important details about LIC’s Index Plus policyThe Life Insurance Corporation of India (LIC) unveiled Index Plus, a new unit-linked life insurance policy. It is a non-participating, regu...
- Forex cards, travel cards fee should be settled in rupees, not in foreign currencies: RBIAll fees assessed on store value cards, travel cards, and foreign prepaid cards payable in India must be settled in rupees.
- Delhi HC upholds GST on auto ride through platforms like UberUber India had contended the notifications were violative of Article 14 (equality before law) of the Constitution of India as they failed t...
- Holidays to become costlier from July 18 as all hotel rooms to be taxed under GSTGST council, in its meeting in June 2022, withdrew various GST-related tax-exemption. One of the tax-exemption of no GST on hotel rooms up ...
- TDS on EPF: When TDS is applicable on EPF withdrawal, how to avoid itIf an EPF balance is withdrawn before 5 years of service, TDS is deducted at a rate of 10%. TDS will be deducted at the highest slab rate o...
- A case against inheritance tax: Time to break the shackles of ultra-social mindsetWe should think out-of-the-box to arrive at better solutions rather than opt for ideas that are legacy-driven and seeped in a colonial hang...
- Five personal finance changes effective from July 1To provide relief to the common man from the financial burden of coronavirus-induced lockdown, the government in March 2020 has made relaxa...
- Rivals slam PhonePe’s ATM businessSources close to PhonePe added it is not considering stopping its ATM service, which was highlighted as “revolutionary” by Walmart’s intern...
- Budget may rejig duties to boost local manufacturingCommerce & Revenue depts are in discussions on the matter and will take a final call closer to the budget, which is likely to be presented ...
- You can get credit for TDS deducted on cash withdrawals of over Rs 1 crore from bank accountClaiming credit for this TDS would allow them to set it off against their total tax liability for the relevant financial year.
- Budget 2019 proposes to levy 2% TDS on cash withdrawal of over Rs 1 croreRumours were already doing the rounds that the government will introduce such a tax.
- Should you opt for growth or dividend option in mutual fundsFinancial planners believe investors would do well to invest and opt for the growth option.
- 8 charges in Ulip that one needs to knowAs per the Irdai guidelines, for policies with term above 10 years, the net reduction in yield at maturity shall not be more than 2.25 perc...
- View: Dear Mr Modi, why not crackdown on black-money funding of political parties?There is also no upper-limit to the amount of income a political party can have to be exempt from paying tax.
- Premature withdrawal restrictions on new FCNR dollar depositsIn a bid to attract dollars into the country and arrest the fall of the rupee, RBI recently facilitated a swap deal on FCNR dollar deposits.
- For SBI, gain is too little, risk too muchAny bank that is unable to pay its depositors as and when they demand their money back risks a run on the bank. This would hurt the entire ...
- Focus to return on fiscal consolidation: SharekhanThe forthcoming Union Budget will be announced against the backdrop of a gradually recovering economy with spiraling inflation and a tight ...
Load More
