Refunds aggregating to Rs. 53,322 crore issued in the current fiscal Direct Tax Collection In India: Advance Tax collections for FY2024-25 stand at Rs. 1,48,823 crore with a growth of 27.34% Direct Tax Collection In India: The provisional figures of Direct Tax collections for the financial year 2024-25 (as of June 16 showed that Net…
Rudi_suardi | E+ | Getty Images Americans have seen their buying power rise for a year amid falling inflation and a strong job market, which might be welcome news for households struggling to afford everyday purchases. The average worker in the private sector saw their real hourly earnings grow 0.8% from May 2023 to May…
According to the report, a definitive decision on this matter will be made closer to the budget presentation. The government is planning to raise the income threshold for tax liability from the current Rs 3 lakh to Rs 5 lakh Budget 2024: The government is reportedly considering measures involving potential reductions in personal income tax…
Once your policy is revived, ensure that you continue to pay your premiums regularly to keep the policy in force and maintain its benefits. Approval from LIC is necessary for the revival of any discontinued policy to take effect. LIC Lapsed Policy Revival: Reviving a lapsed Life Insurance Corporation of India (LIC) life insurance policy…
The Indian residential real estate market has experienced a notable shift, with high-value property transactions, particularly those valued at Rs 1 crore and above, seeing a significant increase. Recent data reveals that in the first quarter of 2024, these premium properties accounted for a substantial 37% share of all transactions, up from 16% in the…
The NSE has complained to the police. These channels claim to provide securities market tips and offer to handle trading accounts for investors. If you invest in the stock market, this is important news for you. The National Stock Exchange (NSE) has warned investors about fraudulent channels on Instagram and Telegram offering investment tips. The…
It can be frustrating to wait for an expected income tax refund. There are a couple of reasons why you might not have received it yet. If you haven’t received your refund yet, there may be several reasons for the delay. Income Tax Refund Status 2024: If you’ve filed your tax return expecting a refund,…
The Indian economy grew 8.2 per cent in the last fiscal (2023-24), with a 7.8 per cent expansion in March quarter. Inflation, Fitch expects, will decline to 4.5 per cent by end 2024 and average 4.3 per cent in 2025 and 2026. Fitch Ratings on Tuesday raised India’s growth forecast for current fiscal to 7.2…
Prime Minister Narendra Modi will release the 17th Instalment of PM KISAN scheme on June 18, 2024 PM KISAN Scheme: Centre has disbursed over Rs 3.04 lakh crore to more than 11 crore farmers across the country since the scheme’s inception. PM Kisan 17th Instalment: Prime Minister Narendra Modi will visit his parliamentary constituency Varanasi…
Last Updated: June 18, 2024, 09:26 IST Sensex Today: Equity markets set fresh record highs in early trade on Tuesday amid solid global momentum. The BSE Sensex hit a new lifetime high of 77,327, while the Nifty50 surpassed the 23,500 level to touch an all-time high of 23,574. The indices gained 300 points and 110…
