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Finance

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


Gold Prices Surge: Impact on India and Investment Choices

Finance : Gold prices hit record highs due to global and local factors. Explore the impact on Indian households, investment strategies, and ...

February 16, 2025 21 Views 0 comment Print

FIIs sell-off in the Indian Market in the year 2024 and their impact!

Finance : In the past year, the Indian Market saw a downturn, and the FIIs sell-off could be a significant factor contributing to this. Letâ...

February 12, 2025 546 Views 0 comment Print

Impact of Managerial Overconfidence on Corporate Investment decisions

Finance : Managerial overconfidence can lead to risky corporate investments. Proper accountability and Board oversight are essential to miti...

February 11, 2025 114 Views 0 comment Print

How Does the Mechanism of Dividends Work in the Indian Stock Market?

Finance : Learn how dividends work in the Indian stock market, including ex-dividend and record dates, types of dividends, stock price impac...

February 11, 2025 381 Views 0 comment Print

Doorstep Banking Services Saving Time for What Matters Most for Your Business

Finance : You know how running a business feels like constantly spinning plates—making decisions, managing operations, keeping clients hap...

February 11, 2025 174 Views 0 comment Print


Latest News


Household Savings and Liabilities in India: 10-Year Trends

Finance : Explore trends in India's household savings, liabilities as a percentage of GDP, and measures for the middle class in the Union Bu...

February 12, 2025 258 Views 0 comment Print

FAQs on IFSCA IBC and OEC Regulations, 2022

Finance : Learn about IFSCA regulations enabling foreign universities to set up branches in GIFT IFSC. Details include eligibility, fees, co...

February 10, 2025 123 Views 0 comment Print

Impact of NSS Interest Rate Reduction On Retirees

Finance : Reduction in NSS interest rates raises concerns for retirees' stability. Govt cites alternative schemes with higher returns and st...

February 6, 2025 57 Views 0 comment Print

ICSI appreciates Budget 2025

Finance : ICSI acknowledges Budget 2025’s focus on economic growth, regulatory reforms, and entrepreneurship, emphasizing its role in shap...

February 2, 2025 297 Views 0 comment Print

Budget 2025-2026: Speech of Nirmala Sitharaman, Minister of Finance

Finance : Get the details of the Budget 2025-2026: Speech of Nirmala Sitharaman, Minister of Finance. Discover the government's efforts to a...

February 1, 2025 681 Views 0 comment Print


Latest Judiciary


Application to Settlement Commission before 01.02.2021 not hit by provision of section 245C(5)

Finance : Calcutta High Court held that provisions of sub-section (5) section 245C of Income Tax Act is effective only from 1st February 202...

January 1, 2025 111 Views 0 comment Print

Petition contesting musician service within section 65B(44) of Finance Act dismissed: Madras HC

Finance : Madras High Court in the case of coverage of musician service within the meaning of section 65B(44) of the Finance Act dismissed t...

October 18, 2024 228 Views 0 comment Print

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 2193 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 1080 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 1350 Views 0 comment Print


Latest Notifications


IFSCA Issues Corrigendum for Factors Registration Rules

Finance : IFSCA corrects formatting and reference errors in the 2024 Regulations for Registration of Factors and Assignment of Receivables. ...

February 14, 2025 15 Views 0 comment Print

IFSCA Updates Eligibility for Remote Trading Participants on Stock Exchanges

Finance : IFSCA revises eligibility norms for Remote Trading Participants in IFSC stock exchanges, addressing market feedback and modifying ...

February 12, 2025 63 Views 0 comment Print

IFSCA Updates Nodal Officer for WMD & UAPA Compliance

Finance : IFSCA appoints a new Nodal Officer for implementing Section 12A of the WMD Act and Section 51A of the UAPA. Updated circular avail...

February 11, 2025 93 Views 0 comment Print

Liquidity Enhancement Scheme for Bullion Exchange in IFSC

Finance : IFSCA allows Bullion Exchange in IFSC to introduce liquidity enhancement schemes to improve liquidity in commodity derivatives. Le...

February 5, 2025 72 Views 0 comment Print

IFSCA Expands SNRR Account Usage for IFSC Units

Finance : IFSCA circular permits SNRR accounts of IFSC units to handle all business-related transactions under amended FEMA regulations, eff...

January 29, 2025 174 Views 0 comment Print


Gratuity Act is applicable to establishments covered by Factories Act’

December 20, 2007 1907 Views 0 comment Print

Notwithstanding non-applicability of Payment of Gratuity Act, 1972 to units having less than 10 workmen, units covered by the Factories Act, 1948, were to apply the gratuity law to their workers, the Madurai Bench of the Madras High Court has held. Agreeing with the decision of the Joint Commissioner of Labour, Madurai (Appellate Authority under the Gratuity Act), that Section 1(3)(a) of the Gratuity Act was applicable even to establishments having less than 10 workers, under notification dated September 9, 1967 of the Department of Industries, Labour and Housing, Tamil Nadu, extending the Factories Act to all tailoring units in the State, Mr Justice K. Chandru ruled that the contention of writ petitioner (Star Tailoring, Tirunelveli) that Gratuity law would not apply to his units had to be rejected.

Parents can’t revoke assets gifted to sons

December 20, 2007 2819 Views 0 comment Print

If you are not sure about how your son will treat you in future, be careful about gifting your property to him. The Supreme Court has ruled that parents cannot take back land or property gifted to their children on the grounds of illtreatment by the offspring after they have received the gift. This means that if a couple gift their only dwelling unit to their son and the latter tries to evict them from that very house, there is little the law can do to help the old parents.

AESIC Amnesty Scheme for Employers and Employees

December 19, 2007 1468 Views 0 comment Print

The ESIC’s new amnesty scheme allows defaulting employers and employees to withdraw cases for non-payment of dues, effective from January 1, 2008.

Understanding Indian Citizenship Norms

December 18, 2007 426 Views 0 comment Print

Learn about Indian citizenship norms, including domicile requirements, rights under the Constitution, and provisions for persons of Indian origin abroad

Calling ID safe browsing toolbar

November 24, 2007 411 Views 0 comment Print

CallingID safe browsing toolbar automatically shows whether sites visited are real and safe to login, submit personal information to or deal with. It displays the site owner’s name and physical address and a risk indication for safe e-commerce and online banking. Calling ID checks if the site owner is actively conducting business. Problems like phishing, site that hides owner identity or has any security problem is automatically detected.

Clarification issued by PF Dept in ‘2005 requirng the inclusion of Leave Encashment for PF contributions

November 22, 2007 2163 Views 0 comment Print

Provident fund contributions need not be deducted from the payment made towards annual leave encashment, the Madurai Bench of the Madras High Court has ruled. Allowing a batch of writ petitions filed by various factories, Justice K. Chandru said leave encashment could not be considered part of the basic wage for deducting provident fund contributions. Employees usually did not exhaust their earned leave; they chose to encash them at the time of retirement, or the sum was paid to their heirs in case of contingency such as the death of an employee. Hence, they would not be benefited at all by provident fund deduction from the encashment of annual leave.

AS-22 related to deferred tax accounting upheld by Apex Court

November 22, 2007 787 Views 0 comment Print

The Supreme Court has upheld the revised accounting standards AS 22 issued by the Institute of Chartered Accountants of India which has been made mandatory for all the companies listed in the stock exchanges since the financial year 2001-02. Dismissing the appeals of a large number of companies that opposed the new policy, the bench headed by Justice SH Kapadia said AS 22 sought to arrive at the true accounting income.

Tax Implications on Festive Prize Winnings

November 22, 2007 363 Views 0 comment Print

Winners of festive mall promotions face high taxes, with a flat rate of 33.99% on prizes, as highlighted by a recent case involving a car winner.

Common Errors in PC & The First Aid

November 6, 2007 304 Views 0 comment Print

1. MONITOR LED IS BLINKING- Check all the connections like Monitor Cable, Data cables,RAM, Display Card , CPU connections. 2. CONTINUOUS THREE BEEPS- Problem in RAM Connection. 3. THREE BEEPS ( 1 Long 2 Short)- Problem in Display Card Connection.

Period of preservation of accounts or for which books are required to be maintained

November 3, 2007 25609 Views 0 comment Print

Companies Act, 1956 -· A company is required to maintain its books of account and vouchers for a period of 8 years immediately preceding the current year. · A s. 25 company is required to maintain its books of account and vouchers for a period of not less than 4 years. · The books and papers of the Amalgamated/Transferor Company must be not be disposed of without the prior permission of the Central Government

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