The Goods and Services Tax (GST) regime in India mandates that registered individuals and entities comply with various filing requirements throughout the year. One significant aspect of this compliance is the filing of annual returns, namely GSTR 9 and GSTR 9C, which hold crucial importance in the taxation landscape. Understanding the last date for filing…
Azad Engineering, a renowned defense equipment manufacturer, recently made headlines with its stock market listing at a remarkable 37% premium to its issue price. What’s particularly intriguing about this successful launch is the involvement of distinguished sports personalities as investors. Among them, the legendary cricketer Sachin Tendulkar stands out with an investment that has seen…
As the final days of 2023 approach, the financial markets are closing the year at unprecedented highs. Looking back at the year that was, it’s pivotal to gain insights into the performance and strategies of various fund houses in the mutual fund landscape. A significant aspect to explore is the number of New Fund Offers…
In a bid to offer greater flexibility and convenience to investors, the Securities and Exchange Board of India (Sebi) recently announced a significant extension in the deadline for demat and mutual fund account holders to nominate their beneficiaries or opt out of the nomination process. The new deadline, now set for June 30, 2024, replaces…
IndusInd Bank has unveiled a groundbreaking addition to its financial offerings with the launch of the ‘IndusInd Bank eSvarna’ credit card on the RuPay network. This new corporate credit card marks a significant milestone, positioning itself as the country’s inaugural Corporate Credit Card on the RuPay network, integrating innovative UPI functionality. This card presents a…
In India, infertility remains a prevalent concern affecting millions of couples in their reproductive years. According to the World Health Organization (WHO), infertility is defined as the inability to achieve pregnancy after 12 months or more of regular unprotected sexual intercourse. Shockingly, an estimated 33-34 million couples in India face challenges related to infertility, but…
ICICI Prudential Mutual Fund recently announced a significant alteration in the symbols of its Exchange-Traded Fund (ETF) products on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The change aims to enhance investor convenience and simplify the identification process of ETF schemes for passive investment purposes. The revised symbols now follow a new…
Navigating the complexities of income tax demands, particularly when facing Section 245 notices, can be challenging for individuals. However, the Income-tax department’s Demand Facilitation Centre (DFC) aims to alleviate these concerns by offering free assistance in select states across India. Understanding how to approach and contact the DFC is crucial for those seeking guidance in…
As the Christmas season approaches, excitement fills the hearts of both bank employees anticipating their well-deserved holiday break and customers eager to manage their financial errands. However, amidst the festive fervor, there often arises confusion among customers regarding the operational hours of banks during the week from Christmas to New Year’s. To provide clarity and…
The ongoing Sovereign Gold Bond (SGB) Series 2023-24 Series III has piqued the interest of investors seeking a secure avenue in gold investments. As this series reaches its pinnacle, a pivotal query looms large: What is the ultimate deadline to seize this golden opportunity? In this article, we unravel the crucial date that marks the…