The Press Information Bureau’s Fact Check unit on 7 May clarified that the video circulating online of Union Finance Minister Nirmala Sitharaman purportedly endorsing an investment platform is fake. In…
Category: Banking And Finance
RBI clears Kotak Bank to raise stake up to 9.99% in AU Small Finance, Federal Bank
The Reserve Bank of India (RBI) has cleared ’s proposal to raise its stake in both and , allowing it to hold up to 9.99 per cent in each lender.…
Forgot your EPFO PPO number? Here are 5 easy steps to retrieve it
Have you missed or lost your PPO number? Are you having difficulty retrieving it? Don’t worry. You can quickly recover it online through the official EPFO website to ensure uninterrupted…
Paytm rules out NBFC licence plans
New Delhi: Fintech major , which operates the brand, has ruled out plans to apply for a Non-Banking Financial Company (NBFC) licence. During the company’s Q4 earnings call on Thursday,…
New Income Tax Rules 2026 explained: 6 key form changes and what they mean for taxpayers
The new income tax framework is not just changing the rules of taxation; it is also reshaping the paperwork and documentation taxpayers deal with every year. Under the Income Tax…
Bought a car above Rs 10 lakh? You may be missing this tax credit
Buying a car worth more than Rs 10 lakh does not just mean a bigger EMI or higher insurance bill. It may also mean you have already paid an extra…
DA hike: Why did bank employees get only 0.70% while govt staff received 2%?
A colleague recently pointed this out over tea, “Government employees got a 2% DA hike, but bank staff only got 0.70%. Isn’t that unfair?” It’s a fair question. On the…
Indian banks well-placed to transition to expected credit loss provisioning, Fitch says
MUMBAI, – are sufficiently capitalised to transition to the expected credit loss (ECL) framework, which has now been finalised by the Reserve Bank of India, said on Thursday. The new…
Income-tax returns: Received a tax notice from the I-T department? Here’s what you should do — Stepwise guide
The process to file your income-tax returns (ITR) is now also available online but may still be confusing for some first-time taxpayers. Today we look at what you should do…