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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


The Role of Interest Rates in Car Loan Decision-Making Process

Finance : Learn how interest rates affect car loan costs. Understand their role in decision-making and find tips for better loan terms....

April 1, 2025 783 Views 0 comment Print

Dumb Money Security & Short Selling: Market Impact and Regulation

Finance : The movie Dumb Money (2023), which is based on the GameStop short squeeze that happened in early 2021. Based on real events, the f...

April 1, 2025 159 Views 0 comment Print

Ideal Age in India to Get a Home Loan

Finance : Home loan timing in India: Factors affecting approval by age, including financial stability, loan tenure, and long-term gains....

March 29, 2025 3885 Views 0 comment Print

NBFC Takeover Process: Step-by-Step Guide & Compliance

Finance : Learn the NBFC takeover process, types, prerequisites, and RBI compliance. A complete guide for businesses looking to acquire an N...

March 29, 2025 258 Views 0 comment Print

न्युनतम आय के साथ साथ अधिकतम आय और अधिकतम सम्पति का कानून बनना चाहिए

Finance : न्यूनतम और अधिकतम आय के नियम बनाना आर्थिक असमानत�...

March 28, 2025 102 Views 0 comment Print


Latest News


Historical Fall In Stock Market and Government’s Response

Finance : Indian stock market witnessed a ₹74 lakh crore loss since Oct 2024. No plans to abolish LTCG tax; reforms made in Budget 2024-25...

March 28, 2025 528 Views 0 comment Print

IFSCA approves new regulations for capital market intermediaries, KYC agencies & fund management

Finance : IFSCA's 23rd meeting approved new regulations for capital market intermediaries, KYC agencies, and fund management, promoting tran...

March 27, 2025 213 Views 0 comment Print

IFSCA Forms Committee to Boost GIFT-IFSC Insurance Hub

Finance : IFSCA forms Standing Committee on Insurance to enhance GIFT-IFSC’s insurance ecosystem. Focuses on regulation, stakeholder engag...

March 25, 2025 84 Views 0 comment Print

Consolidated IFSCA (Registration of Factors and Registration of Assignment of Receivables) Regulations

Finance : Overview of IFSC Authority's 2024 regulations on factoring, registration of receivables, and compliance requirements for financial...

March 16, 2025 216 Views 0 comment Print

IFSCA Public Consultation on Oilfield Equipment Leasing Framework

Finance : IFSCA seeks public comments on enabling oilfield equipment leasing as a financial product. Submit feedback by March 28, 2025, to s...

March 10, 2025 186 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 135 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 273 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 2238 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 1095 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 1371 Views 0 comment Print


Latest Notifications


IFSCA Framework for Global/Regional Corporate Treasury Centres

Finance : IFSCA revises framework for Global/Regional Corporate Treasury Centres in IFSCs, easing business and aligning with global practice...

April 4, 2025 9 Views 0 comment Print

IFSCA revises reporting formats for Fund Management Entities in IFSC

Finance : IFSCA updates reporting formats for Fund Management Entities in IFSCs. Revisions include retail scheme details and regulatory alig...

April 4, 2025 30 Views 0 comment Print

IFSCA Mandates Valid License & SEZ Approval for Regulated Entities in IFSC

Finance : IFSCA mandates valid license/registration and SEZ approval for all IFSC regulated entities, warning against operation without prop...

April 4, 2025 18 Views 0 comment Print

Amendment in Government Savings Promotion General Rules, 2018

Finance : The fee for cancellation or change of nomination in Govt Savings Promotion Rules, 2018, has been removed as per the April 2025 ame...

April 4, 2025 27 Views 0 comment Print

IFSCA Fee Structure for Payment System Operators in IFSC

Finance : IFSCA announces the fee structure for Payment System Operators in IFSC, including application, authorization, and annual fees. Eff...

April 2, 2025 87 Views 0 comment Print


SC JUDGEMENT-Recovery of Debts Due to Banks and Financial Institutions

August 23, 2007 15880 Views 0 comment Print

Section 1 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 – Applicability of Act – Whether co-operative banks established under Maharashtra Co-operative Societies Act, 1960, Andhra Pradesh Co-operative Societies Act, 1964 and Multi-State Co-operative Societies Act, 2002, transacting business of banking, do not fall within meaning of ‘banking company’ as defined in section 5(c) of Banking Regulation Act, 1949 and, therefore, provisions of Recovery of Debts Due to Banks and Financial Institutions Act, 1993, by invoking doctrine of incorporation, are not applicable to recovery of dues by such co-operative banks from their members – Held, yes

Privacy Policy for www.taxguru.in

August 22, 2007 544 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 info@taxguru.in. 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 41367 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 2617 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 25554 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 435 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 244569 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 35310 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 4503 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 970 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.

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