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Financial News India: Read all the latest finance news on credit card, online payment, bank loan interest rate, scams, GDP growth Inflation, Saving schemes, PPF, NSC, KVP Bank, FD calculators ULIP IIP numbers

Latest Articles


How ARC’s in India are transforming Bad Loan Landscape

Finance : Explore how Asset Reconstruction Companies (ARCs) are addressing India's bad loan crisis and the challenges they face in the evolv...

October 4, 2024 534 Views 0 comment Print

Dearness Allowance (DA) calculation for PSU employees for Q3 2024-25 (Oct 2024 to Dec 2024)

Finance : Dearness Allowance (DA) for PSU employees for Q3 2024-25 increased by 2.9%, bringing the rate to 47.7%. Based on CPI data from Jun...

October 4, 2024 3936 Views 0 comment Print

Valuation and the Role of Perpetuity

Finance : Explore how perpetuity underpins stock valuation and enterprise value through cash flow models and discounting techniques....

October 3, 2024 411 Views 0 comment Print

Chinese Stimulus: The Key to China’s Economic Shift & Global Recovery

Finance : China's stimulus marks a shift, focusing on steady economic recovery through gradual reforms. Key sectors include EVs, exports, an...

October 2, 2024 189 Views 0 comment Print

How Does Fixed Deposit Work?

Finance : When it comes to managing your finances, the importance of investing and saving wisely cannot be understated. Today, safeguarding ...

October 2, 2024 777 Views 0 comment Print


Latest News


Draft Principles to Mitigate Risk of Greenwashing in ESG Debt Securities In IFSC

Finance : IFSCA addresses greenwashing risks in ESG-labelled debt securities through proposed principles and frameworks to enhance sustainab...

October 6, 2024 123 Views 0 comment Print

IFSCA Guidelines on Cyber Security for Regulated Entities

Finance : IFSCA seeks stakeholder feedback on guidelines for cybersecurity and resilience for entities in GIFT IFSC, enhancing regulatory st...

September 28, 2024 279 Views 0 comment Print

IFSCA Incentivizes ESG Fund Filing at GIFT IFSC

Finance : IFSCA offers incentives for FMEs to establish ESG funds at GIFT IFSC, waiving fees for the first ten filings to promote sustainabl...

September 27, 2024 189 Views 0 comment Print

Caution to Public – Dealing with unregistered Broker Dealers in IFSC

Finance : IFSCA warns the public about unregistered Broker Dealers in GIFT-IFSC offering high returns. Verify registration before making inv...

September 20, 2024 231 Views 0 comment Print

DFS Advances Digital Payments in India and Globally

Finance : Digital payments in India surged to 18,737 crore transactions in FY 2023-24, with UPI expanding to seven countries, enhancing fina...

September 20, 2024 135 Views 0 comment Print


Latest Judiciary


Gauhati HC Orders Refund to KEC International with Interest

Finance : Gauhati High Court directs refund of Rs. 37.87 lakh to KEC International along with statutory interest, rejecting claims of lost f...

September 18, 2024 2055 Views 0 comment Print

Unstamped Arbitration Agreements Lack Legal Validity and May Be Impounded

Finance : In present facts of the case, the Hon’ble High Court have given observations on the issue of unstamped arbitration agreement. It...

September 11, 2023 1035 Views 0 comment Print

Bank not liable for money that was fraudulently transferred: UK SC

Finance : Reviewing the landmark UK Supreme Court decision in Barclays Bank UK PLC vs Philipp case. Analysing its global implications on ban...

July 14, 2023 1281 Views 0 comment Print

Merely filing of chargesheet cannot defeat grant of default bail u/s 167(2) of Cr. P.C.

Finance : Delhi High Court held that if the investigation is not completed then merely because the report has been filed, the right of statu...

June 17, 2023 11454 Views 0 comment Print

Frequent Vacancy In DRTs, Practical Solution Needed: Delhi High Court

Finance : Frequent vacancy arising in DRT is an issue which needs consideration by Government and practical solution has to be found at the ...

April 22, 2023 1260 Views 0 comment Print


Latest Notifications


Guidelines for Office Space & Manpower utilisation in Ship Leasing at IFSC

Finance : IFSCA issues guidelines for finance companies on sharing office space or manpower for ship leasing activities in the International...

October 6, 2024 84 Views 0 comment Print

Single Window IT System for Registrations & Approvals from IFSCA, SEZ, GSTN, RBI, SEBI, & IRDAI

Finance : IFSCA introduces a Single Window IT System for application processing in GIFT IFSC, simplifying registrations with various regulat...

October 3, 2024 288 Views 0 comment Print

Master Circular for Credit Rating Agencies in IFSC – IFSCA

Finance : IFSCA issues master circular for credit rating agencies operating in IFSC. Provides updated regulations on registration, permissib...

October 1, 2024 336 Views 0 comment Print

Revised Small Savings Schemes Interest Rates for October to December 2024

Finance : The Government of India keeps interest rates unchanged for Small Savings Schemes for Q3 FY 2024-25, effective from October 1 to De...

October 1, 2024 17676 Views 0 comment Print

Trading and Settlement of Sovereign Green Bonds (SGrBs) in IFSC

Finance : The IFSCA outlines the trading and settlement framework for Sovereign Green Bonds in IFSC to boost non-resident investor participa...

September 24, 2024 345 Views 0 comment Print


Privacy Policy for www.taxguru.in

August 22, 2007 532 Views 0 comment Print

If you require any more information or have any questions about our privacy policy, please feel free to contact us by email at [email protected]. At www.taxguru.in, the privacy of our visitors is of extreme importance to us. This privacy policy document outlines the types of personal information is received and collected by www.taxguru.in and how it is used.

High Court Defines Books of Account in Tax Law

August 15, 2007 41067 Views 0 comment Print

The Madras High Court clarifies that P&L accounts and balance sheets are not considered books of account under the Income Tax Act, impacting tax compliance.

Post Office Monthly Income Scheme limits increased

August 9, 2007 2590 Views 0 comment Print

These rules may be called the Post Office (Monthly Income Accounts) Amendment) Rules, 2007. (2) They shall come into force on the date of their publication in the Official Gazette.2. 2. In the Post Office (Monthly Income Account) Rules, 1987,—(i) in rule 4, for the words “three lakh” and “six lakh”, the words “four lakh fifty thousand” and “nine lakh” respectively shall be substituted;

Interpretation of Accounting Standard's issued by ICAI

July 31, 2007 25386 Views 0 comment Print

Chapter III of the Income-tax Act, 1961 (hereinafter referred to as the ‘Act’) deals with incomes which do not form part of total income. Sections 10A and 10B of the Act are covered under Chapter III. These sections allow certain deductions, for certain years, from the total income of an assessee. These deductions are commonly described as ‘tax holiday’ and the period during which these deductions are available is commonly described as ‘tax holiday period’.

How to be Successful in Interviews

July 28, 2007 426 Views 0 comment Print

It is almost impossible to receive a job offer without first attending an interview of some sort, and who would want to take a job without first meeting their boss and perhaps a few colleagues? The secret of a successful interview lies in preparation, so it’s worth spending a little time doing your homework to make it a positive, useful experience. Good employers understand the pitfalls of interviewing, such as the tendency of people to recruit in their own image, but the process is slowly becoming more structured, sophisticated and balanced. Indeed, in some sectors the humble interview has been practically elevated to an art form, such as the travel or hospitality industries, in order to better assess applicants.

Terms & Disclaimer for www.taxguru.in

July 26, 2007 237582 Views 20 comments Print

The www.taxguru.in Web Site (the ‘Site’) is an online information service provided by TaxGuru (”www.taxguru.in “), subject to your compliance with the terms and conditions set forth below. PLEASE READ THIS DOCUMENT CAREFULLY BEFORE ACCESSING OR USING THE SITE. BY ACCESSING OR USING THE SITE, YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS SET FORTH BELOW. IF YOU DO NOT WISH TO BE BOUND BY THESE TERMS AND CONDITIONS, YOU MAY NOT ACCESS OR USE THE SITE. www.taxguru.in MAY MODIFY THIS AGREEMENT AT ANY TIME, AND SUCH MODIFICATIONS SHALL BE EFFECTIVE IMMEDIATELY UPON POSTING OF THE MODIFIED AGREEMENT ON THE SITE. YOU AGREE TO REVIEW THE AGREEMENT PERIODICALLY TO BE AWARE OF SUCH MODIFICATIONS AND YOUR CONTINUED ACCESS OR USE OF THE SITE SHALL BE DEEMED YOUR CONCLUSIVE ACCEPTANCE OF THE MODIFIED AGREEMENT.

CA certificate required to be given to the banker even in respect of import payments

July 26, 2007 34173 Views 0 comment Print

A. P. (DIR Series)CIRCULAR NO03/RBI under Section 195 of the Income Tax Act read with Rule 29B of the IT Rules, any person responsible for making payment to a non-resident or to a foreign company, any interest or any other sum chargeable under the IT Act, shall at the time of payment or credit of the amount deduct Income Tax thereon at the rate in force. Section 195 of the IT Act is not limited to interest income and it takes into account business income also. Further, points 7 and 8 of the Chartered Accountant’s certificate deals with remittances for supply of articles or things (plant, machinery, equipment, etc.) or computer software and business income, respectively.

Lets Learn Accounting Software Tally

July 13, 2007 4485 Views 0 comment Print

1. Slow Speed of Data Entry 2. Data Recovery 3. Tally Turn Educational quite often 1. Slow Speed of Data Entry. 2. Data Recovery 3. Tally Turn Educational quite often

The Art of Writing a Powerful Resume

July 3, 2007 922 Views 0 comment Print

A ‘Resume’ is like a marketing brochure that highlights the skills and potential of the candidate. ‘Resume’ and ‘Curriculum Vitae’ generally mean the same thing. However, in certain cases, a CV is longer and contains more details like publications, speaking engagements, affiliations and continuing education.

Know all about Letter of Credit (LC)

June 29, 2007 29728 Views 5 comments Print

Letters of credit are commonly used to reduce credit risk to sellers in both domestic and international sales arrangements. By having a bank issue a letter of credit, in essence, one is substituting the bank’s credit worthiness for that of the customer.

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