RBI directs Kotak Mahindra Bank to halt new customer onboarding and credit card issuance due to IT concerns found in the 2022-2023 examinations. The bank's failure to address issues led to service outages, prompting RBI intervention to ensure customer protection and system reliability.
India News Apr 24, 2024, 4:14 PM IST
Income Tax officials raided the home of Gangadhar, a former corporator linked to DK Suresh, in Bengaluru. The raid, starting at 6 am and lasting eight hours, sparked outrage among Congress supporters, who protested outside. Tensions escalated as arguments broke out between protesters and police. The raids targeting DK Suresh's allies have drawn criticism as politically motivated.
Karnataka Apr 24, 2024, 3:23 PM IST
"So did you like the Congress manifesto? You must have seen that the PM has panicked, he is rattled and scared. It is a krantikari (revolutionary) manifesto," Rahul Gandhi said on Wednesday.
India News Apr 24, 2024, 2:39 PM IST
Jamie Dimon, CEO of JPMorgan Chase & Co., commended Prime Minister Narendra Modi for his remarkable leadership in India, stating that the PM is effectively addressing challenges head-on.
India News Apr 24, 2024, 12:38 PM IST
Prime Minister Narendra Modi criticized the Congress party for proposing an inheritance tax in India, calling it dangerous for the nation. He expressed concerns over the party's policies, particularly the imposition of taxes on inherited wealth, which he argued would deprive children of their rightful inheritance.
India News Apr 24, 2024, 12:09 PM IST
Congress General Secretary Jairam Ramesh clarified on X (formerly Twitter) that Sam Pitroda's views on the inheritance tax do not necessarily represent the official stance of the Indian National Congress (INC). At the same time, Ramesh defended Pitroda's right to express personal opinions
India News Apr 24, 2024, 10:28 AM IST
Inheritance tax is a form of taxation levied on income derived from ancestral property. However, India presently does not impose inheritance tax, although tax laws apply to income from inherited assets
India News Apr 24, 2024, 9:03 AM IST
The Congress party, ahead of the 2024 Lok Sabha elections, appears to be considering the reintroduction of inheritance tax in India. Sam Pitroda, Chairman of Indian Overseas Congress, advocated for wealth redistribution through inheritance tax reform during a speech. He contrasted the absence of inheritance tax in India with its implementation in the US
India News Apr 24, 2024, 8:42 AM IST
ELSS mutual funds have the shortest lock-in period among tax saving schemes. In this article, we will understand about ELSS mutual funds in detail.
PR Spot Apr 23, 2024, 6:57 PM IST
A partnership plans to launch an all-electric air taxi service from Delhi's Connaught Place to Gurugram, Haryana, by 2026.
Lifestyle Apr 23, 2024, 2:31 PM IST
Karnataka Chief Minister Siddaramaiah on Monday confirmed that a Crime Investigation Department (CID) probe will be carried out in the murder case of Neha Hiremath, the daughter of Hubballi Congress corporator who was killed in a brutal case of stabbing by classmate Fayaz Khondunaik.
Karnataka Apr 22, 2024, 2:00 PM IST
In India, the pricing of petrol and diesel is subject to influences like freight charges, value-added tax (VAT), and local taxes, resulting in different rates across states.
Lifestyle Apr 20, 2024, 9:50 AM IST
For individuals, a tax refund can provide a welcomed financial boost, offering an opportunity for savings, investments, or simply easing economic strain. Here's how you can claim tax refund and how to check the status.
Business Apr 18, 2024, 5:33 PM IST
Income Tax officials raided Basavaraj Dattunavar's residence in Dharwad, Karnataka, seizing Rs 18 crore in cash. The raid involved 20 officers and lasted two hours, spurred by intelligence of unaccounted money potentially linked to Lok Sabha election influence. Investigations continue into the cash's source and intended use, amidst scrutiny of Dattunavar's political and business activities.
Karnataka Apr 17, 2024, 8:49 AM IST
Filing ITRs is your responsibility, and you have the honour of voluntarily contributing to the nation's growth. Know the key benefits of filing ITRs.
Lifestyle Apr 14, 2024, 3:16 PM IST