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BoB raises lending rates by up to 0.2%; home, auto and other loans to be expensive

BoB raises lending rates by up to 0.2%; home, auto and other loans to be expensive

Interest rate on one-year tenure will go up by 0.1 percent to 8.75 percent.

Feb 06, 2019, 12:22 PM IST
Tax defaulters beware! IT department to directly deduct money from your bank a/c

Tax defaulters beware! IT department to directly deduct money from your bank a/c

The bank account which is linked to your PAN card will be frozen and then IT department will initiate the action.

Feb 05, 2019, 14:46 PM IST
I-T assessments to be completely faceless in few years: CBDT chairman

I-T assessments to be completely faceless in few years: CBDT chairman

The CBDT frames policy for the I-Tax Department and functions under the Union Finance Ministry.

Feb 05, 2019, 09:55 AM IST
Modi govt likely to give big Pension bonanza to EPFO subscribers: Sources

Modi govt likely to give big Pension bonanza to EPFO subscribers: Sources

The government may hike the minimum pension of EPFO Subscribers, sources said.

Feb 04, 2019, 16:09 PM IST
Interim Budget 2019: Government may announce various sops for insurance sector

Interim Budget 2019: Government may announce various sops for insurance sector

The Interim Budget (2019-20) will be presented on February 1.

Jan 29, 2019, 12:40 PM IST
Finance Ministry looking at suggestions of raising upper age limit for APY: Rajiv Kumar

Finance Ministry looking at suggestions of raising upper age limit for APY: Rajiv Kumar

APY is guaranteed pension scheme announced by the government on May 9, 2015.

Jan 24, 2019, 12:46 PM IST
CBDT gives 21 days to non-filers to file I-T returns, submit response

CBDT gives 21 days to non-filers to file I-T returns, submit response

Non-filers can file I-T returns, submit response online.

Jan 23, 2019, 11:51 AM IST
En masse issue of prosecution notices to small cos for minor TDS default misleading: CBDT

En masse issue of prosecution notices to small cos for minor TDS default misleading: CBDT

CBDT said that some defaulter companies and vested interests are deliberately misleading the media to thwart action against themselves.  

Jan 22, 2019, 14:11 PM IST
Policy holders may get option to get accident/health claim benefits in installments

Policy holders may get option to get accident/health claim benefits in installments

Insurance Regulatory and Development Authority of India (Irdai) had set up a working group to study the proposal.

Jan 22, 2019, 12:22 PM IST
Income tax exemption limit may be raised to Rs 5 lakh; know all about the current tax slabs

Income tax exemption limit may be raised to Rs 5 lakh; know all about the current tax slabs

Amid reports that the govt may double income tax exemption limit, here's all you need to know about the current tax slabs.

Jan 21, 2019, 22:20 PM IST
Government may double income tax exemption limit from Rs 2.5 lakh to Rs 5 lakh

Government may double income tax exemption limit from Rs 2.5 lakh to Rs 5 lakh

Currently, income up to Rs 2.5 lakh is exempt from personal income tax.

Jan 21, 2019, 16:54 PM IST
LIC to launch new ULIP products soon, say sources

LIC to launch new ULIP products soon, say sources

ULIP is a combination of insurance and investment, where a policyholder can pay a premium monthly or annually.

Jan 21, 2019, 13:19 PM IST
Pre-filled I-T return from next year; refund process to be completed in just 1 day

Pre-filled I-T return from next year; refund process to be completed in just 1 day

The processing time at present for ITR is 63 days

Jan 17, 2019, 09:55 AM IST
SC allows NGO to make RBI party in WhatsApp payment service matter

SC allows NGO to make RBI party in WhatsApp payment service matter

The plea filed by NGO Centre for Accountability and Systemic Change (CASC) said Whatsapp has not fully complied with the circular of the RBI which prescribed data localisation norms.

Jan 15, 2019, 10:42 AM IST
LIC Mutual Fund launches short term debt fund: All you need to know

LIC Mutual Fund launches short term debt fund: All you need to know

Investors can make investment in the scheme in a lump sum.

Jan 11, 2019, 13:14 PM IST
Debit, credit card transactions got a lot more safer – Here's what RBI plans to do

Debit, credit card transactions got a lot more safer – Here's what RBI plans to do

Tokenisation involves a process in which a unique token masks sensitive card details.

Jan 09, 2019, 17:30 PM IST
Government allows premature withdrawal from New Pension Scheme Fund: Shiv Pratap Shukla

Government allows premature withdrawal from New Pension Scheme Fund: Shiv Pratap Shukla

The minimum gap of 5 years between two partial withdrawals has also been removed with effect from August 10, 2017.

Jan 09, 2019, 11:50 AM IST
How to protect yourself from fraudsters using SIM swap to siphon off your bank money

How to protect yourself from fraudsters using SIM swap to siphon off your bank money

Register for both SMS and email alerts regarding your banking transaction.

Jan 02, 2019, 18:06 PM IST
Karnataka Bank revises up 1-year MCLR by 0.15%

Karnataka Bank revises up 1-year MCLR by 0.15%

The revised marginal cost of fund-based lending rate (MCLR) are effective from January 1, 2019, the bank said in a regulatory filing.

Jan 01, 2019, 18:25 PM IST
Old debit cards may not work from January 1, 2019

Old debit cards may not work from January 1, 2019

The Reserve Bank on India had asked banks to issue only chip-based and PIN-enabled debit and credit cards with an aim to protect customers from frauds.

Dec 31, 2018, 17:40 PM IST