Errors in the recorded joining or exit dates in EPF accounts can hinder transfers, impact pension eligibility, and complicate withdrawals. Experts advise early correction of discrepancies to avoid future financial issues. A wrong date of joining or exit in an…
The Delhi High Court has mandated the Income Tax Department to pay Vodafone Idea over ₹53 crore in refunds, dismissing procedural hurdles linked to Form 26B and condemning delays that have persisted despite tribunal victories. The Delhi High Court has…
ICICI Bank and Kotak Mahindra Bank have issued $1 billion and $650 million in offshore bonds respectively, highlighting continued foreign investor interest in Indian lenders’ funding strategies. ICICI Bank and Kotak Mahindra Bank have tapped the offshore debt market almost…
Fintech & Digital Money
India’s space policy overhaul aims to transition ISRO from manufacturing to frontier science and strategic technologies, fostering a burgeoning private sector while safeguarding critical capabilities. Jairam Ramesh’s accusation that the Modi government is “strangulating and emasculating” the Indian Space Research…
As digital banking reliance grows, financial institutions are fortifying protections around account numbers to combat rising fraud risks, highlighting their critical role in modern banking security. A bank account number is the string of digits, and sometimes letters, that pinpoints…
India’s government increases capital expenditure to support infrastructure growth and private investment, emphasising quality and digitalisation for sustainable expansion. India’s public investment drive has gathered pace, with capital spending in June rising sharply year on year and the wider budgetary…
Personal Finance & Wealth
Investors should carefully track total long-term capital gains from equity mutual funds, as aggregated gains exceeding Rs 1.25 lakh are taxed under new India tax rules, impacting long-term wealth growth. For investors building long-term wealth through equity mutual funds, the…
As the industry moves towards hybrid models combining traditional bureau data with alternative signals, lenders must navigate the complexities of governance, compliance, and transparency to deliver faster, more accurate credit decisions. Credit scoring has become one of the most important…
