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Income tax refund: Tax department allows individuals who have deposited excess tax to claim refund.
The Income Tax Department allows individuals who have deposited excess tax to claim refund. The income tax refunds can be claimed online using the Income Tax Department's e-filing portal, www.incometaxindiaefiling.gov.in. Filing income tax is
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Read more: Want To Check Income Tax Refund Status Here Is A Step-By-Step Guide
Write comment (100 Comments)DGCA announced it de-registered seven Boeing 737-800 aircraft of Jet Airways.
Aviation regulator DGCA announced it de-registered seven Boeing 737-800 aircraft of Jet Airways on Wednesday, allowing its lessors to take the planes out of the country so that it can be leased to any other airline.
In the last few weeks Jet Airways has been grounding its
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Read more: Aviation Regulator Allows Lessors To Take Back 7 Jet Airways Aircraft
Write comment (99 Comments)Thirteen of 19 sector gauges compiled by BSE were trading lower.
The domestic equity benchmarks extended declines led by losses in HDFC, HDFC Bank, Tata Consultancy Services, ITC and ICICI Bank. The S-P BSE Sensex fell over 300 points to intraday low of 38,624.52 and the Nifty 50 Index dropped below psychologically important level of 11,600. On
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Read more: Sensex Falls Over 300 Points, Nifty Breaks 11,600; Banking Stocks Weigh
Write comment (95 Comments)The S-P BSE Sensex and NSE Nifty 50 Indexes ended on a flat note. Gains in Reliance Industries, ITC, HDFC Bank, Hindustan Unilever and State Bank of India were offset by losses in Tata Consultancy Services and Infosys which came under selling pressure a day ahead of March quarter earnings. Selling pressure in ICICI Bank, Axis Bank, Vedanta and
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Read more: Sensex, Nifty End Flat; TCS, Infosys Fall A Day Ahead Q4 Earnings
Write comment (92 Comments)Post Office Monthly Income Scheme (MIS) offers interest rate of 7.3% per annum.
India Post, under the Ministry of Communications, offers a wide range of financial products such as recurring deposits, savings accounts, time deposit, Kisan Vikas Patra, Senior Citizen Savings Scheme and National Savings Certificates, among other small savings schemes.
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Read more: All You Need To Know About Post Office Monthly Income Scheme (MIS)
Write comment (95 Comments)Praj share price surged nearly 8 per cent in intraday trade on Wednesday. On the BSE, the Praj Industries stock surged as much as 10.63 per cent to touch Rs 152.50 during the session, compared to its previous close of Rs 137.85. Pune-based Praj Industries informed the stock exchanges post-market hours on Tuesday that it had signed a construction ag
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Read more: Praj Industries Surges After Company Signs Agreement With US-Based Gevo
Write comment (96 Comments)Private sector lender HDFC Bank provides a range of fixed deposit maturities from seven days to 10 years. HDFC Bank offers interest rates to the tune of 3.50-7.40 per cent to the general public on fixed deposit (FD) up to Rs 2 crore, according to its website, hdfcbank.com. The bank pays slightly higher returns to senior citizen customers. In the
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Read more: Latest Fixed Deposit (FD) Interest Rates Offered By HDFC Bank
Write comment (100 Comments)LIC Policy: LIC's Jeevan Shanti plan can be purchased by paying minimum lump sum premium of Rs 1.5 lakh.
Life Insurance Corporation (LIC) of India, the country's largest life insurer, offers pension plans besides offering insurance products like term insurance, endowment plans and money back plans. LIC Jeevan Shanti, Pradhan Mantri Vaya Vandana
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Read more: LIC Jeevan Shanti, Jeevan Akshay-VI, Vaya Vandana Yojana Compared Here
Write comment (100 Comments)A PIL has claimed that GPay has no valid authorisation from the RBI to carry out such functions
The Delhi High Court on Wednesday asked the Reserve Bank of India (RBI) how Google's mobile payments app GPay was facilitating financial transactions without the requisite authorisation from it.
A bench of Chief Justice Rajendra Menon and
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Read more: How Is Google Payment App Operating Without Authorisation, Court Asks RBI
Write comment (90 Comments)Only one type of concession is admissible at a time at the choice of passenger, according to railway.
Indian Railways offers concessions on ticket prices for 53 different categories, the quantum of concession ranges from 10 per cent to 100 per cent. The reduction in ticket fares are available for senior citizens, students, youth, medical
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Read more: Railway Ticket Concession Rules For Senior Citizens, Students, Others
Write comment (92 Comments)The rupee had strengthened by 37 paise on Tuesday to close at 69.30 against thedollar.
Rising for the second straight session, the rupee advanced by 19 paise on Wednesday to close at 69.11 against the dollar on strong foreign fund inflows amid the greenback's weakness against key rivals overseas. At the forex market, the domestic unit
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Read more: Rupee Ends Higher At 69.11 Against Dollar
Write comment (95 Comments)Vodafone idea rights issue: The telecom company will issue 2,000 crore shares at Rs 12.50 apiece
Vodafone Idea shares rose about 1.5 per cent on Wednesday, after the opening of a rights issue by the private sector telecom company. Vodafone Idea's board had last month approved the rights issue to raise up to Rs 25,000 crore. The Vodafone Idea rights
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Read more: Vodafone Idea Rs 25,000-Crore Rights Issue Opens, Shares Rise
Write comment (99 Comments)SBI offers several types of ATM-cum-debit cards for customer's needs.
State Bank of India (SBI) offers several types of ATM-cum-debit cards. These ATM cards include the Classic Debit card, the Global International Debit card, the Gold International Debit card and the Platinum International Debit card. These SBI ATM cards enable customers to make
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Read more: SBI ATM Card Rules: Cash Withdrawal Limit, Transaction Charges Explained
Write comment (95 Comments)Besides banks, post offices and companies also offer fixed deposits.
Fixed Deposits (FDs) are fixed-income instruments, the returns on which are determined at the time of initiating the deposit. The annual returns on fixed deposit investments are fixed even if there are market fluctuations or geopolitical uncertainties, say financial experts. FDs
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Read more: Fixed Deposit (FD) Account: Interest Rates, Tenure, Other Details
Write comment (92 Comments)IndiGo's new flights: IndiGo's announcementcomes amid rising competition among the airlines.
IndiGo announced three new international and 20 domestic flight connections. IndiGo will operate daily non-stop flights between Mumbai and Jeddah, and between Mumbai and Abu Dhabi with effect from June 5, 2019, the airline said in a press release. From July
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Read more: IndiGo Announces 23 New Flights, Details Here
Write comment (96 Comments)Rail Vikas Nigam shares opened on a flat note in stock market debut.
Rail Vikas Nigam shares made a tepid market debut on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The stock opened flat on the National Stock Exchange and rose as much as 4.21 per cent to Rs 19.80 from its issue price of Rs 19. On the BSE, Rail Vikas Nigam
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Read more: Rail Vikas Nigam Shares Make A Tepid Stock Market Debut
Write comment (96 Comments)Last week, the board of Lakshmi Vilas Bank approved a scheme of amalgamation with the IHFL.
The Reserve Bank of India (RBI) may take more time to examine the Lakshmi Vilas Bank (LVB) and India Bulls Housing Finance Ltd (IHFL) merger deal, an official source said on Wednesday.
"It (LVB-IHFL merger) may take time for examination," a source
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Read more: RBI To Take Time To Examine Lakshmi Vilas Bank-IHFL Merger Deal: Report
Write comment (94 Comments)FD rates: State Bank of India and India Post pay interest rates to the tune of 5.75-7.8% on term deposits
Most lenders today provide two types of term-deposit accounts: fixed deposit (FD) and recurring deposit (RD). A term deposit offers a fixed return against deposit for a particular lock-in period. A recurring deposit, also a type of term
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Read more: SBI, India Post Provide These Returns On Term Deposits
Write comment (92 Comments)GoAir is offering domestic flight tickets at a starting price of Rs. 1,375
Airlines such as IndiGo and GoAir have recently announced discounts on bookings and introduced new routes. These announcements come amid rising competition in the country's civil aviation market, boosted by robust growth in passenger traffic registered over past few months.
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Read more: GoAir, IndiGo Announce New Routes, Discounts On Flight Tickets
Write comment (92 Comments)Refiner Indian Oil Corp (IOCL) has halted the supply of fuel to struggling carrier Jet Airways since Wednesday afternoon over non-payment of dues, a source with direct knowledge of the matter told Reuters.
This is the second time the refiner has halted fuel supplies to crisis-stricken Jet, which is saddled with over $1.2 billion in debt
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Read more: Indian Oil Halts Fuel Supply To Jet Airways: Report
Write comment (99 Comments)Domestic stock markets started Wednesday's session on a lacklustre note tracking weakness in Asian peers. The S-P BSE Sensex lost as much as 87.45 points, or 0.22 per cent, to 38,851.77, while the NSE Nifty moved to 11,638.65, down 33.3 points from the previous close. Selling in financial services and auto stocks dragged the markets lower.
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Read more: Sensex Falls Over 80 Points, Nifty Below 11,650
Write comment (92 Comments)Domestic stock markets toggled between gains and losses on Thursday amid cautious trade, tracking weakness in Asian peers on concerns about global economic growth among investors. The S-P BSE Sensex moved in a range of 120.23 points, between 38,649.42 on the upside and 38,529.19 on the downside. The NSE Nifty touched 11,604.20 at the day's s
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Read more: Sensex Falls 120 Points From Day's High
Write comment (99 Comments)Indian Railways offers concessions on ticket prices to select categories of passengers.
Indian Railways offers concessions on ticket prices to select categories of passengers. These include senior citizens, journalists, students and patients. IRCTC or Indian Railway Catering and Tourism Corporation, the online ticketing arm of the Indian Railways,
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Read more: IRCTC Offers Concession To Select Categories Of Passengers, Details Here
Write comment (94 Comments)Income tax return: The Income Tax Department notified seven ITR forms earlier this month
Income tax assessees are set to come across certain changes in the income tax return (ITR) forms. The Income Tax Department has brought about certain changes in select ITR forms meant to be used for assessment year 2019-20. Individuals and businesses are
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Read more: What Latest Changes In Income Tax Forms Mean For You
Write comment (91 Comments)Jet Airways is fighting for survival as its fleet shrinks and some refiners tighten fuel supply terms despite efforts by the airline's lenders to find a new investor to bail out the cash-strapped carrier.
Saddled with more than $1.2 billion of bank debt, the airline has been teetering for weeks and has yet to receive a loan of
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Read more: More Turbulence For Jet Airways With Shrunk Fleet, Tightened Fuel Terms
Write comment (97 Comments)On Tuesday, gold prices had declined by Rs 235.
Gold prices increased by Rs 90 to Rs 33,070 per 10 gram in the national capital on Wednesday, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. The increased buying from jewellers amid firm trend overseas led to the rally in gold prices, analysts were quoted as
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Read more: Gold Prices Increase On Jeweller's Buying: 5 Things To Know
Write comment (97 Comments)SBI's Green Remit Card offers a limit of Rs. 25,000 per transaction
SBI or State Bank of India, the country's largest bank, offers a magnetic stripe-based card which enables its customers to remit money to a designated beneficiary's account on the lender's network. Called "Green Remit Card", the card facilitates non-home cash deposit transactions
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Read more: How To Send Money Using SBI Green Remit Card
Write comment (95 Comments)Bengaluru observed that 21 per cent people expect appraisals in the range of up to 10 per cent.
Professionals working in Mumbai, Pune and Chennai are looking for higher pay hikes in the bracket of 20 per cent and above, compared to Delhi-NCR and Bengaluru where employees expect hikes between 0-10 per cent, a survey by leading job portal Shine.com
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Read more: Professionals In Delhi, Bengaluru Expect Smaller Pay Hikes: Report
Write comment (95 Comments)Domestic equity benchmarks declined sharply in today's session after the International Monetary Fund downgraded India's growth forecast to 7.3 per cent for 2019. The S-P BSE Sensex fell as much as 397 points to touch intraday low of 38,542.28 and the NSE Nifty 50 index dropped as much as 100 points to intraday low of 11,571.75. IMF's cut in
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Read more: Sensex Plunges 354 Points, Nifty Settles Below 11,600 On Growth Concerns
Write comment (90 Comments)The National Aviator's Guild (NAG), a trade union of Jet Airways pilots, has served a legal notice to the management of the airline over delays in the payment of salary.
In the notice addressed to CEO Vinay Dube, the National Aviator's Guild has threatened to initiate legal action unless the salaries of the pilots due from January to
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Read more: Jet Airways Pilots' Union Serves Legal Notice To Airline's CEO Vinay Dube
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