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According to the tax agency, more than 37.3 million income tax returns (ITR) have been filed so far in the fiscal year (2022-23) as the July 31 filing deadline approaches. The official electronic filing portal recorded 37,341,425 returns as of July 27, 2022. As of July 26, more than 34 million RTAs had been filed, …
Despite the constant threat of Covid-19, the new global threat of monkeypox, and the decline of the Indian rupee against the dollar, many Indians continue to travel abroad. Airports are crowded and flights are full. In any case, the only thing you need to clarify before traveling is how much money you want to take …
Many people have this habit of keeping track of their expenses. While not an uncommon habit, it has transformed avatars in recent years. People used to keep track of their spending on paper. But now there are hundreds of free apps that will do it automatically. Just search “Expense Tracker” in your phone’s app store …
There has been an improvement in gender diversity in mutual fund management, with the number of female fund managers increasing to 32 this year from 30 a year ago and 18 in 2017. According to the recently released Morningstar Women Fund Managers Report 2022, that number only dropped after the 2020 pandemic, when it fell …
Are you planning a career change? Why not withdraw the savings accumulated in the EPF accounts of your employees? Withdrawing from the EPF is a relatively simple process, involving filling out a form with your personal information and giving it to your human resources colleague to complete. After a few weeks, you will receive a …
The legal mandate to tax digital assets in this year’s budget speech was indeed a welcome and motivating move for the entire digital asset industry and the Web 3.0 market. While a flat 30% tax rate on profits from trading virtual digital assets (VDAs), announced by the Secretary of the Treasury, appeared to be a …
In a tweet on Jan. 13, Aashish P. Sommaiyaa, CEO of White Oak Capital, the latest addition to the mutual fund space, announced that the name had changed from YES Asset Management to Whiteoak Capital Asset Management. The change will take effect on January 12, 2022. Sommaiyaa also said that YES Mutual Fund will now …
A quarter of India’s power generation capacity has been shut down, mainly due to fuel shortages. At a time when Idia’s electricity demand is growing at its fastest rate in decades, almost a quarter of all installed thermal, nuclear and hydroelectric capacity is being shut down. According to the monitoring report of the Central Electricity …