Business

Oil prices surge 2% on falling dollar, demand hopes, and supply cuts. Brent settles at highest since April, WTI at highest since May

Gold prices rise as dollar and bond yields decline ahead of U.S. inflation data. Spot gold set for third consecutive gain, eyes on consumer prices report

Income tax department urges those who haven't filed ITR for AY 2023-24, to file their ITR at the earliest to avoid last-minute rush

The SEBI on June 12 barred Chandra and Goenka from listed company boardrooms over allegations of fund diversion

Misreporting of income in ITR may lead to an interest payment at 12 per cent a year, penalty at 200 per cent of taxes, prosecution which may entail imprisonment

SBI customers should keep in mind that the charges for lockers will differ based on the size and location of the locker

In the international market, gold was up by 0.04 per cent to $1,909 an ounce and silver was up by 0.36 per cent to $22.71 an ounce

The survey unveiled 75% of the respondents actively investing in tax-saving plans.

There is a 28 per cent GST on cement, and the fitment committee is working on the proposal of reducing the tax rate

While investing in ETFs, it is better to opt for ones with lowest expense ratios as the operational costs of managing a fund generally reduce the overall return of the portfolio

Income Tax: Some of the penalties are mandatory and a few are at the discretion of the tax authorities.

Several banks in India offer fixed deposit schemes to senior citizens with attractive interest rates.

The SCSS account can be opened by a senior citizen at a bank or post office.

The income tax changes announced by Finance Minister Nirmala Sitharaman in the Budget 2023 have also become effective from today, April 1

Both public and private banks announce revised interest rates on fixed deposits depending on the change in repo rate by the Reserve Bank of India

Loans also can be taken against gold jewellery and ornaments to meet financial emergencies.