As only two weeks are left before the deadline to file income tax return (ITR) expires on July 31, taxpayers continue to face glitches on the I-T website. As a result of these glitches, a number of taxpayers are requesting the income tax department on social media for the extension of the deadline. One user, Doli…
The initial public offering (IPO) of Aelea Commodities garnered significant interest and robust subscription. With the bidding period now concluded, investors eagerly wait for the IPO allotment, expected to be finalised today. The Aelea IPO, valued at ₹51 crore, opened for subscription on July 12 and closed on July 16, with a price band set…
The National Payments Corporation of India’s (NPCI) ‘Pre-sanctioned Credit Line at Banks through UPI (Unified Payments Interface)’ would work more like a credit card without the plastic card actually in place. The credit line allows individuals and businesses to access pre-sanctioned credit lines or loans from banks that are linked to their UPI accounts. This…
As the head copywriter at a major content agency, 30-year-old Ananya was earning ₹12 lakhs per annum – a decent salary in a growing town like Pune. She had started her career six years ago, with a salary that was less than half the current sum, and as her career progressed, and her salary increased,…
Glitches on income tax portal: Taxpayers and professionals have encountered numerous technical glitches while filing their income tax returns for 2024. Issues include login failures, unresponsive pages, timeouts, and problems reflecting pre-filled data and uploading large files. Inconsistent calculations for capital gains and foreign income tax have also been reported, as well as instances where…
Three leading banks in India – State Bank of India (SBI), Bank of Baroda (BoB), and Bank of Maharashtra – have recently launched special fixed deposit (FD) schemes with attractive interest rates tailored to meet a variety of investor requirements. Here’s an overview of these schemes to clarify the available investment options. SBI’s ‘Amrit Vrishti’…
Filing an income tax return is easier for individuals who have only one source of income, particularly if it is from salary. Chances are, you’ll qualify to use the ITR-1 form, renowned for its straightforward filing process. Additionally, as a salaried individual, your employer should furnish you with Form 16, which includes most of the…
C.E. Info Systems share price slumped nearly 11% on Thursday’s session, ranked among the BSE index’s major laggards, following the news that Google is lowering map prices for developers in India. According to a news article by CNBC-TV18 that cited Moneycontrol, Google plans to reduce the cost of the Google Maps Platform by up to…
ITR filing 2024: Taxpayers, it’s time to focus on one of the most crucial tasks: filing your Income Tax Return (ITR). The filing season for Income Tax Returns 2024 has begun, and meeting the July 31 deadline is crucial to avoid penalties. Filing your ITR for the financial year 2023-24 involves essential decisions if you’re…
Zerodha users can now trade commodities using their existing equity account balance, without the need of maintaining a separate commodity account, Founder and CEO Nithin Kamath said. In a post on X, Kamath said this was a “legacy issue” that took the company a long time to address. He also informed that with Zerodha Broking…
