Thiruvananthapuram
C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Thursday, June 24, 2021

money

Govt to withdraw cut in rate on small savings schemes

New Delhi: Finance Minister Nirmala Sitharaman said the government will withdraw orders to cut interest rate on small savings schemes and assured to ...

EPFO fixes 8.5% interest on EPF deposits for 2020-21

New Delhi: Retirement fund body EPFO on Thursday decided to retain 8.5 per cent rate of interest on provident fund deposits for the current financial...

Interest on EPF contribution above Rs 2.5 lakh to be taxable

New Delhi: The government said the employers who delay the deposit of workers' share of social security contributions like employees' provident fund ...

Yes Bank posts net profit of Rs 151 cr in Q3

New Delhi: Private sector lender Yes Bank on Friday reported a profit of Rs 150.71 crore for the third quarter ended December 2020. It had posted a r...

GST collections hit record high of over Rs 1.15 lakh cr in Dec

New Delhi: The gross goods and services tax (GST) revenue collected in the month of December 2020 was Rs 1,15,174 crore of which CGST was Rs 21,365 c...

Govt extends I-T returns filing date to Jan 10

New Delhi: The government extended the deadline to file income tax return (ITR) for individuals by 10 days to January 10, 2021.The deadline for filin...

EPFO subscribers to get 8.5% interest for 2019-20 at one go

New Delhi: Subscribers of retirement fund Employees’ Provident Fund (EPF) are likely to get the entire 8.5% declared interest rate for FY2019-2...

Centre tightens rules for NGOs intending to receive funds from abroad

New Delhi: The NGOs that intend to receive foreign funding will now face tougher rules with the Union Home Ministry making it clear that such organis...

Total tax collection falls 22.5% till Sep 15: Source

Mumbai: Total tax collection of the Centre, including advance tax collection for the second quarter, fell 22.5 per cent to Rs 2,53,532.3 crore till S...

GST compensation due to states at Rs 1.51 lakh cr

New Delhi: The GST collection during April-August declined on account of COVID-19 induced lockdown, and the compensation due to states stands at over...

States stare at Rs 2.35 lakh cr GST revenue shortfall

New Delhi: Amid a chorus by non-NDA ruled states for compensation of GST revenue shortfall, the Centre on Thursday presented two options to states un...

RBI pushes loans against gold to 90% of value

  Mumbai: In his bi-monthly monetary policy address on Thursday, Reserve Bank of India (RBI) Governor Shaktikanta Das announced easing of gold lo...

Yes Bank takes possession of Anil Ambani's group HQ in Mumbai

Yes Bank has taken over the headquarter of Anil Ambani's group in surburban Santacruz for failure to repay dues worth Rs 2,892 crore. The private sec...

Economy showing signs of getting back to normalcy: RBI Governor

Mumbai: The Indian economy has started showing signs of returning to normalcy in response to the staggered easing of lockdown restrictions, RBI Gover...

58 Indian-origin executives employ over 3.6 mn globally

Washington: A group of 58 Indian-origin executives heading companies across 11 countries, including the U.S, Canada and Singapore, collectively emplo...

EPF assistance extended for 3 months

New Delhi: The Union Cabinet approved extension of EPF support for business and workers for 3 months.The government under 'PM Garib Kalyan Package' e...

I-T dept launches tool to calculate TDS rate on cash withdrawals

New Delhi: The Income Tax (I-T) Department has launched a new tool to determine TDS (tax deducted at source) on cash withdrawals.The tool is meant to...

New rules for bank account holders, ATM card users

New Delhi: Several new rules for financial transactions relating to ATM withdrawals, minimum bank account balance, mutual funds and Atal Pension Yoja...

Small savings scheme, PPF rates remain unchanged

New Delhi: The government has decided to keep the interest rates on small savings schemes or post office schemes including Public Provident Fund (PPF...

GST collections in June at Rs 90,917 cr

New Delhi: GST revenue collection in June stood at Rs 90,917 crore, up from Rs 62,009 crore mopped up in May and Rs 32,294 crore in April. "The gross...