While submitting your income tax return before July 31 offers some relief, the Income Tax Department retains the right to review and issue notices later, especially if discrepancies are found in declared income or tax credits. Filing an income tax…
Finance Minister Nirmala Sitharaman has announced that any future merchant discount rate fees on digital transactions will apply only to high-value merchant transactions, ensuring low-value and consumer transactions remain free, amid efforts to sustain innovation and boost manufacturing in India.…
The potential introduction of a merchant discount rate on UPI transactions raises concerns among India’s mutual fund distributors, threatening margins and broader digital participation in financial services. The prospect of a merchant discount rate on certain UPI transactions has stirred…
The Securities and Exchange Board of India (Sebi) has unveiled plans to relax rules for debt issuers, aiming to reduce operational hurdles and promote greater liquidity in the Indian debt market, including higher ISIN limits and exemptions for green bonds.…
With accessible online platforms and simplified strategies, first-time buyers are navigating the stock market more confidently, emphasising diversification and disciplined research to manage risks effectively. Buying shares for the first time can feel intimidating, but the process is more straightforward…
India’s markets regulator SEBI has proposed increasing the annual limit on ISINs for privately placed debt, reversing recent restrictions to offer more refinancing flexibility for non-banking financial companies and large corporates, amid efforts to streamline the corporate bond market. India’s…
The Public Provident Fund and Senior Citizens Savings Scheme remain key options for Indian savers, with recent interest rate stability and differing features positioning them for specific financial goals amidst evolving benefits and tax considerations. For Indian savers who value…
The central government has reiterated its stance against restoring the Old Pension Scheme, citing financial burden, even as five states express intent to revert to the guaranteed pension model, highlighting ongoing pension reform debates across India. The central government has…
India’s flagship digital payment system, UPI, is under renewed scrutiny as industry stakeholders question the sustainability of its free model amid debates over who should bear its operational costs and the potential introduction of merchant charges. India’s Unified Payments Interface…
Understanding common reasons for loan refusals and practical steps to strengthen your application , from improving credit scores to organising paperwork , can turn rejection into opportunity. A rejected business loan is usually less a final judgment than a warning…
