Penalties for not depositing in PPF, SSY, NPS: Buyers in Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), and Nationwide Pension System (NPS) should deposit a minimal quantity of their accounts annually to maintain them lively. In the event that they miss this accretion, their accounts could be frozen, and…
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Discovering New Rules for Aadhaar 2024: Easy Steps and Updated Forms
New Rules for Aadhaar: What You Need to Know New Rules for Aadhaar -A big change is happening with Aadhaar, and the people behind it have introduced some new ways to sign up and update your details. The forms you need have been updated, making it easier for both residents…
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How You Enjoy ICICI Bank Credit Card 2024
How You Enjoy ICICI Bank Credit Card How You Enjoy ICICI Bank Credit Card- Hey there, ICICI Bank cardholders! Big news coming your way – your airport lounge perks are getting a makeover. Starting April 1, 2024, spend Rs. 35,000 in the last quarter, and you’ll score a free airport…
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Switching jobs? Your EPF account will be robotically transferred – right here’s how EPFO facility works, guidelines and exceptions | Enterprise
EPF automated account switch: The Workers’ Provident Fund Organisation (EPFO) presents a handy resolution for its members when altering jobs: automated switch of EPF accounts. Regardless of its usefulness, this facility stays comparatively unknown.As per an ET report, the automated switch simplifies the method for EPF members switching jobs, enabling…
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Flight Cancellation Fees In contrast: What are the flight ticket cancellation prices? IndiGo vs Air India vs SpiceJet vs Akasa Air – examine guidelines | India Enterprise Information
Lite FareRegular FareFlexi Plus FareReturn FareDomesticDomesticDomesticDomestic0-3 (Days left for departure)0-3 (Days left for departure)0-3 (Days left for departure)0-3 (Days left for departure)INR 3500 or Airfare prices (Whichever is decrease). Cancellation payment will depend on the time of cancellation.INR 3500 or Airfare prices (Whichever is decrease). Cancellation payment will depend on…
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RBI defers exchange-traded forex derivatives guidelines
MUMBAI: RBI has deferred the implementation of its guidelines on exchange-traded forex derivatives by a month, leading to merchants scrambling to sq. off their positions.RBI’s round, which was scheduled to come back into impact on April 5, stated that solely merchants with an underlying foreign exchange publicity can commerce in…
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Understanding HRA exemption guidelines & advantages: Saving tax on lease allowance – know eligibility, calculation, paperwork required & extra | Enterprise
HRA tax exemption guidelines: Home Lease Allowance (HRA) is a typical element of many staff’ wage packages. In contrast to primary wage, HRA is not completely taxable, topic to particular circumstances outlined in Part 10(13A) of the Revenue-tax Act, 1961.The exemption on HRA reduces the taxable portion of an worker’s…
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India weighs emergency guidelines for fuel energy to fulfill summer time demand
NEW DELHI: India’s energy ministry will study invoking an emergency rule to run gas-fired energy vegetation in the course of the summer time, a part of a collection of measures to make sure uninterrupted provides.The federal government will take into account take into account imposing part 11 of the electrical…
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What modifications in your cash world from April 1? From revised debit and bank card prices to new NPS and FASTag guidelines | Enterprise
Monetary modifications from April 1, 2024: As the brand new monetary 12 months 2024–25 kicks off on April 1, 2024, a number of noteworthy modifications are set to happen, impacting investments and expenditures. Listed here are the foremost monetary modifications and new laws coming into impact this April – from…
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RBI relaxes guidelines on lenders’ funding in AIFs
MUMBAI :Gopika Gopakumar gopika.g@livemint.com mumbai The Reserve Financial institution of India (RBI) on Wednesday tweaked guidelines governing investments in different funding funds (AIFs), providing some reduction for lenders pressured to make massive provisions, and traders instantly going through a drought of capital. In December, RBI ordered banks and non-bank lenders…
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New bank card guidelines, NPS and 4 different key money-related modifications coming in April 2024 | India Enterprise Information
Monetary 12 months 2024-25: April marks the start of the brand new monetary 12 months 2024-25, bringing alongside a number of money-related modifications that might have an effect on your spending and funding habits. As reported by ET, listed here are 5 of those essential monetary modifications set to take…
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DGCA fines Air India Rs 80 lakh for violating crew obligation time guidelines
NEW DELHI: The Directorate Basic of Civil Aviation (DGCA) has imposed a superb of Rs 80 lakh on Air India for violating rules pertaining to Flight Obligation Time Limitations (FDTL) and fatigue administration system (FMS) of flight crew. “As a proactive step towards ensuring a high level of safety in…
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India ‘screwed up’: How US lobbied New Delhi to reverse laptop computer guidelines
NEW DELHI/WASHINGTON: India reversed a laptop computer licensing coverage after behind-the-scenes lobbying by US officers, who nevertheless stay involved about New Delhi’s compliance with WTO obligations and new guidelines it might situation, in keeping with US commerce officers and authorities emails seen by Reuters. In August, India imposed guidelines requiring…
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Builder’s error in allotting flat is not going to impression tax profit declare, guidelines ITAT
MUMBAI: In a peculiar case handled by the Revenue-tax Appellate Tribunal (ITAT), Mumbai bench, a taxpayer Mukesh Harilal Mehta had claimed part 54 deduction in his Revenue-tax (I-T) return for the monetary 12 months 2014-15. The tax tribunal held that this declare can’t be denied owing to a mistake dedicated…
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Now, Nationwide Widespread Mobility Card may be issued with a restrict of Rs 3,000 with none KYC as RBI eases guidelines
RBI eases guidelines for Nationwide Widespread Mobility Card: The Nationwide Widespread Mobility Card (NCMC), designed to streamline digital funds throughout varied public transport methods in India, has seen restricted adoption to this point. Nevertheless, latest regulatory adjustments might increase its utilization sooner or later. The Reserve Financial institution of India…
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Self-proclaimed bitcoin inventor shouldn’t be ‘Satoshi Nakamoto’, UK decide guidelines
A UK decide has declared that Australian laptop scientist Craig Wright shouldn’t be “Satoshi Nakamoto,” the enigmatic creator of Bitcoin, rejecting long-standing claims by Wright. This landmark resolution got here after the Crypto Open Patent Alliance (COPA) challenged Wright’s assertions to forestall him from suing Bitcoin builders.Decide Mellor’s pronouncement left…
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RBI updates credit score and debit card guidelines; right here’s what it means for cardholders | India Enterprise Information
Para of MDExisting ProvisionAmended Provision7(c)Card-issuers could subject enterprise bank cards to enterprise entities/people for enterprise bills. The enterprise bank cards may additionally be issued as cost playing cards, company bank cards or by linking a credit score facility similar to overdraft/money credit score supplied for enterprise goal as per the…
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RBI governor on Paytm Funds Financial institution ban: It’s possible you’ll drive a Ferrari, however you continue to need to obey site visitors guidelines
RBI governor Shaktikanta Das reiterated that the financial institution has nothing towards the Fintech sector per se. He stated that the motion towards Paytm Funds Financial institution (PPBL) was because of constant non-compliance. In an interplay with ET Now, the governor stated that the RBI has taken motion towards a…
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Apple’s EU Guidelines for iPhones: Considerations Raised by Companies |
Apple will open up the iPhone to sideloading, permitting third-party app shops, from March 7 when the Digital Markets Act (DMA) kicks in. It is very important observe that this variation will solely occur within the 27 nations of the European Union (EU). Apple App Retailer head Phil Schiller has…
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RBI Guidelines for Residence Loans: The way to Save on Curiosity Prices in Rising Price Situation | Enterprise
New RBI guidelines for house loans: Rising rates of interest over the previous 12 months have led to longer house mortgage reimbursement intervals for a lot of debtors. Some are actually dealing with the prospect of repaying their loans nicely into retirement. Sometimes, when rates of interest rise, banks prolong…
