An error was made while his ITR was being prepared, resulting in Rs 9.6 lakh being incorrectly added. (Image for representative purpose only) When filing your Income Tax Return it is always prudent to be doubly sure. One mistake in entry led to a taxpayer receiving an income tax notice. The taxpayer erroneously added Rs…
The rupee is stuck around the 95.7-96/dollar range. Why the mismatch with the record forex reserves data? India’s foreign exchange reserves are climbing to new record highs, thanks to the RBI’s FCNR(B) deposits scheme that has resulted in bumper inflows. Forex reserves are an important buffer that can help the central bank control any rapid…
Indian Railways is considering extending the run of its only hydrogen-powered train to Delhi. India’s first hydrogen train launched two months ago established Indian Railways’ technological prowess in running the world’s longest and highest-powered hydrogen train.However, even though the train has worked well as a technology demonstrator so far, its occupancy has been lower than…
The government is considering stricter regulations for digital gold. Have you bought digital gold or are planning to? The Securities and Exchange Board of India had cautioned investors about digital gold in 2025. In a circular, Sebi said these products were distinct from gold products regulated by it because they were neither notified as securities…
The MACD is firmly in positive territory, with the MACD line trading above the signal line. Gold price prediction today: Gold’s intraday outlook from a technical standpoint is positive, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Below is what he has to say:MCX Gold October futures are showing a strong…
Oil stays above $100 despite 1% drop as Saudi alternate routes ease supply fears (AI-generated image) Oil prices fell about 1% for a third straight session on Friday, but remained above $100 a barrel, as hopes of alternative routes for Middle Eastern crude reaching global markets outweighed concerns over fresh strikes between Saudi Arabia and…
Minority shareholders in the company’s various businesses will be watching as an IPO could affect Tata’s ability to shift capital between its cash-rich established businesses and newer, less profitable ventures. MUMBAI: With the possibility of Tata Sons’ listing gaining traction, stocks of several Tata companies that hold shares of the group’s holding company rallied on…
The timeline outlined by Tata Sons shows that the move to retain Chandrasekaran predated RBI’s Sept 11 directive MUMBAI: About three weeks after N Chandrasekaran announced that he would not seek reappointment, Tata Sons‘ nomination and remuneration committee (NRC) unanimously urged him to reconsider and recommended a fresh five-year term for him.The timeline outlined by…
Judge Amogh Shyamkant Kaloti has also worked as Joint Secretary, Secretary and SLA in Law and Judiciary Department, Government of Maharashtra MUMBAI: Till recently, Amogh Kaloti, who works under the law and judiciary department headed by chief minister Devendra Fadnavis, was barely known outside Maharashtra’s legal circles. A low-profile district judge who was appointed Maharashtra’s…
Noel Tata, chairman of Tata Trusts, voted against the proposal. The Tata group leadership crisis has deepened with Tata Sons’ board on Thursday voting to give N Chandrasekaran another five-year term as executive chairman. This has overturned his earlier decision to step down. But Tata Trusts, the conglomerate’s majority shareholder, has rejected the resolution almost…
