Reporting of foreign assets, income up in FY24: Finance minister
The finance ministry reported a significant 45% increase in foreign asset and income disclosures, with 2.3 lakh taxpayers reporting in 2023-24. Amidst reports of increased ...
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NPCI’s BillPay arm to fix RBI’s netbanking data gap
Bridging the Divide: How Bharat BillPay Aims to Streamline Netbanking Data For years, a quiet but significant challenge has lingered beneath the surface of India’s ...
Sensex hits 86k, new high in over a year
Sensex and Nifty hit record highs on Thursday, driven by Wall Street’s rally, US and Indian rate cut hopes, and strong domestic fund buying. Despite ...
Income Tax ‘nudge’ for 25k cases of unreported foreign assets, income
The Income Tax Department has launched a fresh campaign targeting individuals with undeclared overseas assets and income. Around 25,000 high-risk cases will be initially contacted ...
Rate call: ECB signals steady stance; policy minutes hint at openness to cuts next year
The European Central Bank’s October meeting minutes indicate interest rates are currently appropriate, with potential for cuts in 2026. While inflation is near the 2% ...
Meesho IPO: SoftBank-backed firm set to launch Rs 4,250 cr IPO on Dec 3; what investors should know
Meesho’s initial public offering is set to launch on December 3. The e-commerce firm plans to raise Rs 4,250 crore through a fresh issue of ...