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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


Revised and Belated ITR Filing: How JioFinance Helps You File Before the Deadline

Finance : The article explains how JioFinance simplifies revised and belated ITR filing through guided steps, tax planning tools, and tracki...

June 23, 2026 219 Views 0 comment Print

Is Home Loan Insurance Mandatory? RBI Guidelines for 2026

Finance : The article explains that RBI guidelines for 2026 do not require borrowers to purchase Home Loan Insurance for loan approval. It a...

June 23, 2026 231 Views 0 comment Print

How to read exchange-level option chains to spot unusual activity?

Finance : Learn how Open Interest, volume, Implied Volatility, Put-Call Ratio, and OTM option activity help identify unusual market movement...

June 23, 2026 138 Views 0 comment Print

TypeType and the Craft of Commercial Fonts That Travel Across Markets

Finance : TypeType offers commercial, variable, and custom fonts supported by multilingual design, licensing, and production services. Its s...

June 22, 2026 117 Views 0 comment Print

25 Reasons MSMEs Fail to Reach SME IPOs Despite Strong Profits

Finance : Many profitable MSMEs fail to attract investors because of governance, compliance, and financial discipline issues rather than lac...

June 22, 2026 156 Views 0 comment Print


Latest News


IFSCA Proposes Mutual Insurer Regulations to Strengthen IFSC Insurance Framework

Finance : IFSCA has proposed comprehensive regulations governing Mutual Insurers and Protection & Indemnity Clubs in IFSCs. The draft establ...

June 23, 2026 96 Views 0 comment Print

FAQs on IFSCA (AML, Counter-Terrorist Financing & KYC) Guidelines, 2022

Finance : The FAQs clarify the implementation of the IFSCA AML/CFT/KYC Guidelines, covering customer due diligence, reporting obligations, g...

June 22, 2026 2220 Views 0 comment Print

IFSCA FinTech Sandbox Framework, 2026: FAQs

Finance : The IFSCAs updated framework supersedes previous sandbox regulations and establishes a unified regime for FinTech testing in IFSCs...

June 11, 2026 252 Views 0 comment Print

Govt Announces Measures to Deepen G-Sec Market & Boost FPI in Equities

Finance : The Government has exempted interest and capital gains earned by FPIs on Government securities from income tax with effect from 1 ...

June 6, 2026 390 Views 0 comment Print

DFS Launches Common Landing Portal for Unclaimed Financial Assets

Finance : The Ministry of Finance has introduced a unified portal to help individuals search for unclaimed bank deposits, insurance claims, ...

June 1, 2026 1347 Views 0 comment Print


Latest Judiciary


SC Upholds NI Act Prosecution of Office Bearers Who Signed Loan Documents Despite Not Signing Dishonoured Cheque

Finance : The Supreme Court ruled that vicarious liability under the NI Act cannot arise solely from holding an office in a society or compa...

May 29, 2026 8094 Views 0 comment Print

SC Slams Casual Sanction of ₹8 Cr Loan After Borrower Defaults From Day One

Finance : The Supreme Court refused relief to borrowers who defaulted from the very first instalment after availing an ₹8.09 crore loan. T...

May 22, 2026 462 Views 0 comment Print

Inheritance Isn’t a Birthright When a Valid Will Exists: SC

Finance : The Supreme Court upheld a Will executed in favour of the testator’s sister despite objections from his wife and children. The C...

May 22, 2026 1470 Views 0 comment Print

IBC Is Not a Recovery Shortcut: SC Rejects CIRP in Builder-Bank-Borrower Dispute

Finance : The Supreme Court held that insolvency proceedings under the IBC cannot be invoked merely to recover disputed dues arising from co...

May 9, 2026 441 Views 0 comment Print

Pay Now, Not After Appeals – SC Enforces Immediate Indemnity

Finance : The issue was whether indemnity obligations arise only after final appellate confirmation. The Supreme Court held that liability a...

April 14, 2026 1002 Views 0 comment Print


Latest Notifications


Department of Posts Introduces e-KYC in Branch Post Offices

Finance : The Department of Posts has introduced Aadhaar-based e-KYC operations in Branch Post Offices, enabling paperless deposits, withdra...

June 24, 2026 48 Views 0 comment Print

IFSCA Amends SNRR Account Rules to Prescribe 30-Working-Day Remittance Requirement

Finance : IFSCA has amended its circular to require financial institutions to remit eligible funds received in SNRR accounts to their IBU ac...

June 20, 2026 135 Views 0 comment Print

IFSCA Mandates IFSC Banking Unit or SNRR Accounts for All Payments

Finance : IFSCA has amended its AML exemption circular to require all financial institutions, including exempt entities, to route business-r...

June 20, 2026 96 Views 0 comment Print

IFSCA (Managing General Agents) Regulations, 2026

Finance : The regulations establish a standalone framework for MGAs, prescribing registration standards, operational safeguards, and supervi...

June 16, 2026 285 Views 0 comment Print

IFSCA Relaxes Qualified Jeweller Norms to Boost Jewellery Exports

Finance : IFSCA removed the minimum net worth requirement for eligible SEZ units and expanded access to Qualified Jeweller status. The amend...

June 16, 2026 156 Views 0 comment Print


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

August 23, 2007 16393 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 745 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 43110 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 2911 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 27195 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 633 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 261279 Views 22 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 37683 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 4839 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 1282 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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