Category: Finance

TDS on Salary under Section 192 of the Income Tax Act TDS on salary means that tax has been deducted by the employer at the time of depositing the salary into the employee’s account. The amount deducted from the employee’s account is deposited with the government by the employer. Before an employer deducts tax at source from […]

The Insurance Regulatory and Development Authority of India (IRDAI) has issued a directive requiring insurers to expedite the approval of cashless claims, setting a strict three-hour deadline. This regulation is part of IRDAI’s broader effort to improve the health insurance system in India, emphasizing customer satisfaction and transparency. The circular also encourages insurers to broaden […]

The market is on the edge of a tense standoff between optimistic and pessimistic forces next week as election excitement reaches a critical point. Foreign portfolio investors (FPIs) have taken the most significant net short positions in index futures ever recorded, while retail and high net-worth investors (HNIs) show an all-time high bullish stance in […]

In April, the year-on-year growth of banks’ non-food credit slowed to 19.1%, reaching Rs 164.76 trillion, a slight decrease from the 20.2% growth observed the previous month, according to the RBI’s latest credit deployment data. When not considering the HDFC merger, the credit uptake increased by 15.3%. Credit provided by banks to agriculture and related […]

Vedanta Group, a mining giant, is setting its sights on achieving $6 billion in earnings before tax for the upcoming fiscal year, with plans to increase this figure to between $7 and $7.5 billion the year after, thanks to improved operations across its various sectors. Ajay Goel, the Chief Financial Officer of Vedanta Limited, stated […]

Audi has introduced the Q7 Bold Edition in India, with a price tag of Rs 97.84 lakh (ex-showroom). Following the recent launch of the Q3 Bold Edition, the limited run Q7 variant is now available in four additional exterior colors: Glacier White, Mythos Black, Navarra Blue, and Samurai Grey. The Audi Q7 Bold Edition features […]

A credit card is a system in which every month, the purchases you make within a certain time frame are added up and then you are billed. To make everything run smoothly, you need to pay that bill before a specific date called the due date. This keeps your credit in good standing and helps […]

Mr. Chandrakant Salunkhe, Founder & President, SME Chamber of India & Federation of Indian SME Associations had met Dr. Vivek Joshi, Secretary and Dr. Bhushan Kumar Sinha, Joint Secretary of Department of Financial Services, Ministry of Finance, Government of India to present suggestions and Grievances pertaining to SME sector and presented Activity Report of the […]