Zerodha co-founder Nithin Kamath has raised concerns that cumbersome account-opening procedures may be preventing non-resident Indians (NRIs) from taking advantage of what he describes as a “no-brainer” investment opportunity currently…
Category: Banking And Finance
7 big financial changes from July 1 every Indian must know
July begins with several important financial changes that could affect your day-to-day money matters. From income tax return (ITR) filing deadlines and passport charges to Aadhaar updates, credit card rewards…
Trader gets ₹21 lakh tax demand over demonetisation cash, wins at ITAT
Cash deposited during the 2016 demonetisation period cannot be treated as unexplained income merely because it involved old currency notes, the Appellate Tribunal (ITAT), Bangalore, has ruled. In relief for…
Listed shares, intraday trading, unlisted shares, equity mutual funds and F&O: Tax rules explained
The tax treatment of investments depends on the type of investment, how long it is held, and whether the income is treated as capital gains or business income. Gains from…
EPFO extends online service outage till July 1; services to resume from July 2
The has extended the suspension of its online member and employer services by another day, delaying the restoration of key facilities such as online claim submission and passbook downloads. According…
Gold, silver prices today, 1 July: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold and silver prices: The price of the yellow metal in India’s retail market dropped on Wednesday, 1 July, with both 24-karat and 22-karat gold rates showing marginal declines across…
Jana Holdings to pare Jana Bank stake to repay its bond holders
Kolkata: , the promoter of (JSFB), will be looking to lower its stake to just below 10% from the 17% ownership at present to meet its payment obligations to such…
DA hike July 2026: AICPI-IW rises to 150.8, Dearness Allowance revision awaited
All central government employees are awaiting news of the Dearness Allowance (DA) hike effective from July 2026. The Labour Bureau has recently released the May 2026 All India Consumer Price…
8th Pay Commission FAQs: 10 key facts for central government employees in July 2026
The 8th Pay Commission has now moved into an important phase. In July, the Commission has several important meetings scheduled, as detailed on its official website. The 8th Pay Commission…
Don’t worry, banks have shock absorbers: RBI
MUMBAI: The Reserve Bank of India said the and financial system remain susceptible to geopolitical tensions and related shocks, even as an interim peace deal is in place. At the…