My previous employer had deducted the TDS before giving the salary every month, but did not deposit it to the government. Will the tax department recover the amount from me? —Deepak Jaiswal The tax officer cannot recover the TDS amount from you, provided the tax was deducted from your income by your employer. Here’s why:
To enhance “ease of living”, the government is mulling to introduce a mechanism of withdrawal from provident fund (PF) accounts through ATMs, by early next year, official sources told FE. The labour ministry is going to hold consultations with the Reserve Bank of India (RBI) and major commercial banks to prepare a roadmap on how
BOBCARD Ltd, a wholly owned subsidiary of Bank of Baroda, announces the launch of the TIARA Credit Card — a first-of-its-kind, women-centric credit card designed to support, empower, and celebrate women’s financial autonomy. This newly launched Premium BOBCARD on RuPay network is tailored specifically to cater to modern women’s needs. The TIARA Credit Card seamlessly
Mohali, a vibrant city in Punjab, has transformed from a satellite town of Chandigarh into a dynamic hub of growth and innovation. With its strategic location and burgeoning infrastructure, it has emerged as a prime real estate destination, offering opportunities for investors, businesses, and homebuyers alike. A Market Full of Promise Mohali’s real estate potential
Mahila Samman Yojana has been among top keywords in Google Trends on Friday, December 13. The Mukhyamantri Mahila Samman Yojana (MMSY) is a new initiative launched by the Delhi government as part of their 2024 budget announcements. Source: Google Trends screenshot Ahead of the Delhi assembly polls, the sate government has announced the details of
Is it illegal to have multiple bank accounts in India? Or, you can’t have more than one bank account henceforth? If some recent news reports are to be believed, as per the new guidelines by the Reserve Bank of India, a penalty will now be imposed on people with multiple bank accounts or bank accounts
8th Pay Commission: With delays in its announcement, the Confederation of Central Government Employees and Workers has urged Prime Minister Narendra Modi to immediately constitute the 8th Central Pay Commission to address the concerns of central government employees and pensioners. The Confederation of Central Government Employees and Workers, represents about 7 lakhs central government employees
Systematic Investment Plans (SIPs) have increasingly become popular among retail investors as a means to achieve essential financial objectives through regular and disciplined investing. SIPs enable investors to benefit from the principles of rupee cost averaging and the advantages of compounding. Still, a lack of understanding regarding investment products can lead many SIP investors, particularly
The falling market has created some pockets of comfort in the large-cap space and also among small- and mid-cap stocks, despite them trading above their long-term averages, says Nimesh Chandan, chief investment officer at Bajaj Finserv AMC. He tells Ananya Grover that investors should exercise caution while investing in initial public offerings (IPOs). Excerpts: Nifty
With the benchmark indices slipping more than 15% and broader indices over 20% in less than six months, there is a palpable sense of fear among first-time mutual fund investors. And, there is good reason for this. Nearly 60% of the mutual fund plans – 131.3 million MF folios out of the total of 229.1
Suzlon on Tuesday said it has got a third order of 204.75 MW from Jindal Green Wind 1, a subsidiary of Jindal Renewables. This partnership is also now Suzlon’s largest Commercial & Industrial (C&I) order with a cumulative capacity of 907.20 MW. Earlier, Suzlon secured two orders to power Jindal Steel’s plants in Chhattisgarh and
Coforge has signed a 13-year partnership contract worth approximately $1.56 billion with US-based Sabre Corporation, a travel technology company. The agreement aims to strengthen the existing collaboration between the two firms, enabling Sabre to enhance its product roadmap and accelerate the delivery of AI-enabled solutions. Speaking on the partnership, Sudhir Singh, CEO & Executive Director
Overall improvement in demand sentiment and green shoots of recovery visible in the urban areas are likely to ease the pains of FMCG companies from the January-March quarter, according to industry experts. However, they noted that commodities like coffee, tea, and cocoa continue to face inflationary pressures and will require close monitoring. ALSO READDeepinder Goyal’s
