Citizens Financial News

Delhi High Court has granted bail to a foreign national found in possession of 50 cocaine capsules, which he had swallowed and concealed in his stomach, noting he has been in custody for the past more than six years. The high court noted the trial in the drugs case is yet to be concluded and asked the lower court to expeditiously record the evidence of the remaining witnesses and conclude the trial within six months.

Income tax Return filing on http://www.incometax.gov.in, ITR Due Date AY 2023-24 Latest News Updates on July 31 deadline: Today is the due date of ITR filing for taxpayers whose accounts don’t need to be audited. If you haven’t filed your ITR for AY 2023-24 (FY 2022-23) yet, you must do it by the end of the day today. It is now almost certain that there will not be an extension of the ITR filing Due Date for AY 2023-24. More so because it seems most of the taxpayers have already filed their returns, a day before the end of the due date.

General Pension and Social Security Authority (GPSSA) of the UAE has launched a unified campaign aimed at raising awareness on the insurance protection extension system for registered GCC or Gulf Cooperation Council nationals employed in the UAE. GCC is an economic alliance of six Gulf countries — Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, and UAE.

China’s 200-million-strong army of individual investors has turned away from the stock market. The country’s benchmark CSI 300 index lost around a fifth of its value last year, and has risen much less than major indexes in the U.S., Japan and elsewhere in 2023. That is creating a sense of despair among the office workers, civil servants and other ordinary citizens who are responsible for the bulk of trading in China’s stock market.

Many tax filers took to Twitter to voice their complaints on the income tax department’s official handle. The department has responded to many taxpayer tweets with solutions. Let us look at some issues which taxpayer faced and what the income tax department gave as a reply or solution. Website down, login issues For those taxpayers who could not access the e-filing portal (website down), the income tax department has replied, “We had flagged this issue to the technical team. As informed by our team, the e-filing portal is working fine. Please retry after clearing the browser cache. If you still face any issues, please share your details (with PAN & mobile no.) at [email protected]. Our team will get in touch with you.”PAN-Aadhaar linking issues

Interest rates on RDs are comparable to those on fixed deposits, but what sets RDs apart is the flexibility of monthly installments. A recurring deposit account allows you to invest a specific amount each month until the end of the tenure, unlike a typical fixed deposit, which requires a single sum investment at one time. You have the advantage of receiving a better rate of return on your consistent monthly deposits when you invest in recurring deposits (compounded quarterly). A recurring deposit plan gives you the option to accumulate savings through regular monthly deposits of a certain amount throughout time and have enough money to accomplish specific financial objectives. The interest earned on a bank recurring deposit is taxable. Here are top banks offering best RD interest rates to general citizens.SBI RD interest ratesSBI offers recurring deposit interest rates ranging from 6.80% to 7% for terms ranging from one year to ten years. The minimum monthly deposit is Rs. 100 (followed by multiples of Rs. 10). SBI charges a penalty for late payment of instalments. If six consecutive instalments are not received, the account will be closed prematurely and the amount paid to the account holder.

A fixed deposit can be withdrawn easily online albeit by paying a penalty for premature withdrawal. However, on premature withdrawal, banks charge penalty to the depositors. This penalty will usually be in the form of a reduced rate of interest. Let us look at which banks are offering the best interest rates for which tenure.

India should not rush with a «comprehensive» law that might become outdated quickly. India's position on regulating AI has swung between extremes — from no regulation to regulation based on a «risk-based, no-harm» approach. In April this year, the Indian government said it would not regulate AI to help create an enabling, pro-innovation environment which could possibly catapult India to global leadership in AI-related tech.

Quran in front of foreign embassies in Denmark, the country's Foreign Minister Lars Lokke Rasmussen said as quoted by AL Jazeera. In an official statement, Rasmussen condemned the burnings, saying that they are deeply offensive and reckless acts committed by a few individuals.

NASA's SpaceX Crew-7 mission stands as a testament to international cooperation and collaboration in space exploration. A diverse team of astronauts, representing NASA, ESA, JAXA, and Roscosmos, will embark on a crucial journey to the International Space Station. Their mission not only involves performing research and maintenance activities but also serves as an essential step towards human exploration beyond Earth. By conducting a multitude of scientific experiments and technology demonstrations, Crew-7 aims to contribute to the advancement of space exploration and bring tangible benefits to humanity back on Earth. As they lift off aboard the Dragon spacecraft named Endurance, they carry the aspirations of humankind's future in space exploration.

₹2,000 currency notes, 77% of them have returned to the banking system, according to the finance ministry. The number of ₹2,000 notes in circulation fell to 41.80 crore in volume terms on 30 June, from 177.93 crore on 19 May, it said, and the value of these notes in circulation fell to ₹0.84 lakh crore on 30 June from ₹3.56 lakh crore on 19 May.

The French finance minister says he pressed Chinese leaders to open their markets wider to foreign companies

National Education Policy was notified, replacing the 34-year-old education policy in the country, several initiatives have been rolled out by the Centre. Here is a status check on the top 10 initiatives proposed in the National Education Policy (NEP), 2020:1. National Curriculum Framework for Foundational Stage (NCF FS): It is the first ever integrated curriculum framework for children between ages three and eight in India.

girls and women went missing in the country in three years between 2019 and 2021 and most of them were from Madhya Pradesh, followed by West Bengal. According to the Union Home Ministry data, tabled in Parliament last week, 10,61,648 women above 18 years and 2,51,430 girls below that age went missing between 2019 and 2021 across the country. The data was compiled by the National Crime Records Bureau (NCRB).

Delhi, according to reports, recorded a total of 187 cases were reported till 22 July – the highest for the period since 2018. The Delhi health minister and Aam Aadmi Party (AAP) leader Saurabh Bhardwaj on Sunday announced that the government has instructed officials to run dengue awareness campaigns in schools and among citizen to curb the spread of the vector-borne disease transmitted through mosquitoes. “Hospitals will be made ready for dengue cases.

Shiv Sena (UBT) leader Sanjay Raut on Sunday hit out at the BJP for calling the visit of members of the opposition bloc INDIA to Manipur as a «show-off», and said Prime Minister Narendra Modi has neither visited the strife-torn state nor spoken about it in Parliament. A delegation of 21 MPs from the opposition bloc INDIA reached Imphal on Saturday to assess the situation in Manipur and visit several relief camps to meet victims of the ethnic clashes that broke in the northeastern state on May 3. Information and Broadcasting Minister Anurag Thakur on Saturday alleged the opposition INDIA bloc members' visit to Manipur was a «mere show-off».

reliance on China. Impressively, he raised $7.7 million in the second quarter, with $5.4 million from his personal funds.

Income Tax Return e-Filing on http://www.incometax.gov.in, ITR Due Date for AY 2023-24 Latest News Updates on July 29: There are only three days left before the July 31 deadline for ITR filing. It is now clear that the due date will not be extended this year. Therefore, there is no point in waiting for an extension of the due date for taxpayers.

Manipur as «show-off» and «political tourism», Shiv Sena Party (UBT) Rajya Sabha MP, Sanjay Raut, on Sunday said that sharing the pain of the country's citizens is not a show-off and that it was the duty of Opposition to visit the strife-torn state. "(Since the ethnic clashes broke) neither the Prime Minister has visited the state, nor given any statement on it. Manipur is a part of the country, the people of the state are the citizens of India.

The oldest historically Black collegiate fraternity in the U.S. says it is relocating a planned convention in two years from Florida because of what it described as Gov. Ron DeSantis’ administration’s “harmful, racist and insensitive” policies towards ...

All India Radio, the 103rd episode of the monthly radio programme, Mann Ki Baat, will be aired today. The broadcast will cover the entire network of Akashvani and Doordarshan, ensuring a wide reach. Additionally, the program will be live-streamed on the YouTube channels of Akashvani, DD News, and the Ministry of Information and Broadcasting, making it accessible to audiences worldwide.