Citizens Financial News

26.07 / 17:37

Citizens Progressive Fighting country House panel in favour of economic ties with Pakistan

NEW DELHI : Parliament Standing Committee on Foreign Affairs urged the government to consider the establishment of economic ties with Pakistan, despite the diplomatic deep-freeze in bilateral relations for some time. “Despite the lack of progress on the diplomatic front, the Committee urge the Government to consider the establishment of economic ties with Pakistan if they come forward and work towards broader people-to-people contacts in view of the cultural commonalities and civilizational linkages between our two countries and no feeling of enmity amongst citizens of both the countries," the Standing Committee said in its report on India’s “Neighbourhood First" Policy.

26.07 / 17:25

Citizens Aware Fighting country Centre Consider resumption of economic ties with Pakistan: parliamentary panel urges Centre

Pakistan and work towards broader people-to-people contacts given the «cultural commonalities and civilisational linkages» between the two countries. The Parliamentary Standing Committee on External Affairs chaired by BJP leader P P Chaudhary, in its report on 'India's Neighbourhood First Policy' presented to the Lok Sabha on Tuesday, observed that the policy was dynamic and that it adjusts to the country's renewed interests in the region while evolving according to regional circumstances.

26.07 / 15:29

Booking Citizens Orange country electronic FINRA Finra fines LPL $3M for failing to detect wire transfers that harmed clients

The Financial Industry Regulatory Authority Inc. Tuesday fined LPL Financial $3 million for falling down on its oversight of two financial advisors who pocketed $2.4 million from 13 clients, mostly senior citizens.

26.07 / 11:53

Citizens Progressive Fighting country Parliament panel urges government to establish economic ties with Pakistan

New Delhi: The Parliamentary Standing Committee on Foreign Affairs has urged the Centre to consider establishing economic ties with Pakistan, despite the diplomatic deep-freeze in bilateral relations. “Despite the lack of progress on the diplomatic front, the Committee urges the government to consider the establishment of economic ties with Pakistan if they come forward and work towards broader people-to-people contacts in view of the cultural commonalities and civilizational linkages between our two countries and no feeling of enmity amongst citizens of both the countries," the standing committee said in its report, tabled on Tuesday, on India’s “Neighbourhood First" Policy.

26.07 / 10:17

UPS Target FIVE Citizens cover SCSS vs Senior Citizen Fixed Deposit: Which is better for elderly people?

small savings schemes. These are considered low-risk instruments. If we talk about senior citizens' FDs, elderly people get an additional rate of interest that can go up to 0.50% more than the general public.

26.07 / 09:09

UPS Citizens VISA Mobile country open UK Young Professionals Scheme visa: Ballot open till Thursday; here's how to apply

The UK Government has announced the opening of the second ballot for the Young Professional Scheme, inviting Indian citizens aged 18-30 to apply. The deadline for applications is July 27, 1:30 pm (IST), as stated by the British High Commission in India.

26.07 / 08:21

UPS Lowe's Citizens Pool performer A lowering of import duty on gold is long overdue

₹1 lakh a year – 9% owned or traded in gold, accounting for one tonne of the precious metal. Of those earning ₹1-2 lakh, 15% dealt in gold totalling 1.8 tonnes. The proportion was 26% for households earning ₹2-5 lakh, but they accounted for a lower volume of gold — 1.3 tonnes.

26.07 / 08:21

Citizens AXY tenor Axis Bank revises fixed deposit rates. Now get more than a 7% interest rate on these tenures. Latest FD rates here

Axis Bank has revised the fixed deposit interest rates for amounts below ₹2 crore. The new FD rate is effective from today, 26 July 2023, according to the Axis Bank website. The bank has slashed the rate on one tenure by 10 basis points (bps).

26.07 / 08:05

Lowe's Cooper Citizens Aware Action country index Pakistan slips to 26.1 in Global Hunger Index score; ranks 99th among 121 countries

Pakistan score's on Global Hunger Index (GHI) has dropped from 38.1 in 2006 to 26.1 in 2022, revealing the extent of the crisis that the gripped the country and its people, Dawn reported. The Pakistan chapter of the Global Hunger Index (GHI) released the data on Tuesday. The GHI ranked Pakistan at 99th position out of 121 countries surveyed.

26.07 / 07:59

FIVE Citizens VISA TCS country NOT Income Tax Return Filing: 10 benefits of filing ITR even when not compulsory

Filing of the return of income is mandatory for people in India if their income exceeds the basic exemption limit in a financial year, which under the old tax regime is Rs 250,000 in case of individuals who are not senior citizens, Rs 300,000 in case of senior citizens and Rs 500,000 in case of super senior citizens. Under the new tax regime, the basic exemption limit is Rs 250,000 for FY 2022-23, irrespective of the age of individual taxpayers.

26.07 / 07:59

Provident Citizens VISA Can Senior Citizens and Super Senior Citizens benefit by filing Nil ITR before July 31 deadline?

NiL ITR Filing AY 2023-24 for Senior Citizens and Super Senior Citizens: There are several benefits of Income Tax Return (ITR) filing even when your income is below the basic exemption limit. Senior citizens can also get these benefits by filing Nil ITR, i.e. the return filed when income is below the exemption threshold.

26.07 / 07:59

Citizens Nil ITR filing: Should you file a Nil Income Tax Return if earning less than Rs 2.5 lakh?

Nil ITR Filing for AY 2023-24: While the Income Tax rules do not mandate individuals to file Income Tax Return (ITR) if their income is less than the basic exemption limit of Rs 2.5 lakh (Rs 3 lakh in the case of senior citizens for AY 2023-24), experts say you should file a Nil ITR even when your income is below the taxable threshold as there are several benefits of doing so.

26.07 / 07:59

UPS Provident FIVE Citizens country Will Uniform Civil Code impact tax benefits of Hindu Undivided Families? Finance Ministry responds

While the Uniform Civil Code (UCC) is in the news these days, the Government has not done any assessment of how UCC is going to impact the tax benefits provided to Hindu Undivided Families (HUFs). More so, because there is no such Code at present.

26.07 / 06:07

UPS MET Citizens Schools From Karnataka to Maharashtra to Noida, schools holidays announced in many places amid heavy rains

school holidays in specific areas. The Gautam Buddh Nagar district administration has announced holiday in all schools up to class 12 in Noida and Greater Noida on Wednesday due to rain and waterlogging. Parts of Delhi-NCR region including Noida and Ghaziabad experienced heavy rainfall early in the morning today.

26.07 / 05:05

UPS Provident Citizens Aware show Why income tax return filing deadline should be extended permanently

income tax return (ITR) filing deadline. This is because they essentially get 45 days to file their income tax returns even though the ITR forms are generally notified at the start of the financial year. There is a need to extend the deadline for filing income tax returns permanently to provide individuals sufficient time to file correctly.

26.07 / 04:25

Provident FIVE Citizens Manufacturing Strategy country social NRF can help fast-track India's transformation to a knowledge economy

₹50,000 crore for five years and the goal of providing superior strategic direction for scientific research in India. Many previous “ahead-of-their-time" research funding bodies such as the Technology Development Board (TDB), Science & Engineering Research Board (SERB), Global Innovation & Technology Alliance (GITA), and Biotechnology Industry Research Assistance Council (BIRAC) have fulfilled their purposes quite well. However, none of them had the mandate for a broader vision to transform the research and innovation landscape and take India towards a knowledge economy.

26.07 / 02:51

Citizens Waters Southern Schools Warning Colleges Karnataka rains: Schools, colleges to remain shut today; IMD issues flash flood warning

heavy rainfall battered the southern state, causing deaths and house collapse. The weather office has also issued flash-flood warnings in some parts of coastal and north interior Karnataka. In an official statement, the Chief Minister's Office said, “District Commissioners have declared holidays for schools and colleges in the vulnerable regions and it is advised for all citizens to adhere to the instructions of local administration." It also said that the government has reviewed the risk-prone areas and is well-prepared to tackle the situation, according to a report published by the news agency ANI.

25.07 / 21:15

COST UPS Citi Citizens Action band Oklahoma attorney general joins lawsuit over tribal gambling agreements, criticizes GOP governor

Oklahoma's new Republican attorney general says he's stepping into an ongoing legal dispute over tribal gambling agreements signed by Gov. Kevin Stitt several years ago

25.07 / 19:11

UPS Citizens Progressive track Pakistan's plan to import Russian crude hits payments roadblock

Pakistan's plan to import future shipments of Russian crude oil under a government-to-government (G2G) mechanism has hit a roadblock as Moscow is frustrated with the delay by Islamabad in setting up a Special Purpose Vehicle (SPV) to handle the payments and shipments. A Russian delegation visited Karachi last week to discuss the quality and pricing of its Ural grade crude oil, but was not satisfied with the progress made by Islamabad in creating the SPV, ET has learnt.

25.07 / 18:37

Citizens Waters country cover Russia: Alexei Navalny’s ally Vadim Ostanin jailed for 9 years over ‘extremism’; Here’s what happened.

Vadim Ostanin, an activist associated with Vladimir Putin’s critic Alexei Navalny's organization, has been sentenced to 9 years in prison by Russia for being part of an «extremist community.» He was arrested in December 2021 and faced trial in Barnaul after being transferred from Moscow. Alexei Navalny's team has claimed that Ostanin had been involved in «legal political work» at the Anti-Corruption Foundation's local headquarters in Barnaul.

25.07 / 14:35

Citizens RIO country social BJP ally NDPP in Nagaland to oppose Uniform Civil Code, informs minister

Nagaland Minister KG Kenye Tuesday said the state government is against the implementation of the proposed Uniform Civil Code (UCC) and has urged the Law Commission to exempt the Nagaland from the purview of implementing the UCC. Earlier on June 14, in a public notice, the Law Commission had asked suggestions from various stakeholders including public and religious organisations about implementation of the UCC across the country.

Citizens Financial News

popular questions about Citizens

What is Citizens and why is it relevant?

Where can I find the latest updates on Citizens?

How can I verify the accuracy of information on Citizens?