Information Financial News

Seeking a personal loan online presents a convenient option provided by numerous lenders. Here is a basic outline of the process:

“Income Tax Department has received information about certain significant financial transactions relating to FY 2023-24 (AY 2024-25). Please view transactions under e-Campaign tab on Compliance Portal and remember to pay appropriate Advance Tax." If you have received such a message from the Income Tax department with an inflated tax demand, know that it is an error due to inaccurate reporting of certain financial transactions in the annual information statement (AIS). Chartered accountants told Mint that some taxpayers have received advance-tax notice in which certain reporting entities have reported faulty transactions.

Elon Musk's Tesla seeks tariff concession to enter Indian market, but Minister says, 'We do not tailor policy for any…' Informing about the new feature via an X post, Musk wrote, “In the coming weeks, posts that you add to your Highlights tab will receive a slight boost in reach, provided this function is not overused. Highlights are meant to be what you think are your most interesting posts" Meanwhile, this is not the first time that Musk has promoted the Highlights tabs feature. The billionaire had also promised enhanced reach for Highlighted posts last year.

dismissed the State Bank of India's request for an extended deadline to provide electoral bonds data, SBI is now pressed for time to meet the apex court's orders by the end of working hours today (March 12). SBI's management has directed the overseeing department — the transaction banking marketing department based in Mumbai to "hurry up" and "complete the task at the earliest" to meet the SC's deadline, Moneycontrol reported citing sources.

The Supreme Court on Monday pulled up State Bank of India (SBI) for its delay in disclosing details related to electoral bonds. While rejecting SBI’s application for time until 30 June to submit the information, the apex court directed the bank to do it by Tuesday and have the data published on its website by Friday.

Barrons Roundtable discusses the price of oil and the demand for natural gas.

Dragon Ball DAIMA, a highly anticipated series marking the 40th anniversary of the iconic franchise, has officially announced its release in Fall 2024. This revelation comes after six years since the last Dragon Ball anime, promising a fresh and captivating storyline that will once again follow the adventures of Goku and his comrades. Beloved author Akira Toriyama, deeply involved in the project, lends his creative genius to the script, adding to the anticipation surrounding the upcoming series.

Classroom of the Elite Season 3 narrative intensifies, Episode 11 promises to be a gripping continuation, with Hirotaka's past laid bare and Katsuragi's betrayal creating ripples of anticipation. The exploitation of Katsuragi's duplicity by Kiyotaka and Suzune adds another layer of complexity to the storyline. Here's your guide to the upcoming episode, covering release details, streaming information, expected plot developments, and a recap of Episode 10.

18 months ago, Emma Wardle wasn't sure that she wanted to work in financial services. As an electronic and information engineering student at London's Imperial College, Wardle was keeping her options open.  Maybe finance. Maybe a technology start-up. Maybe consulting.

As we celebrate Mahashivratri, a sacred festival honoring Lord Shiva, it’s an opportune moment to reflect on the timeless wisdom encapsulated in the tales of Shiv and Shakti. Beyond their divine significance, these ancient myths offer profound insights that resonate in various aspects of life, including the realm of investment.

The income tax department on Sunday said it has started sending emails and SMSs to assessees whose taxes paid during the current fiscal are not commensurate with financial transactions.The department is undertaking an e-campaign, which aims to inform such persons/entities of significant financial transactions, through email (marked as Advance Tax e-Campaign-Significant Transactions for AY 2024-25) and SMS, urging them to compute their advance tax liability correctly and deposit the due advance tax on or before March 15.

By Soumya Sarkar

The Income Tax (IT) Department has launched an e-campaign to notify some taxpayers about mismatches in their income tax returns (ITRs) filed so far in FY24, a release issued by the finance ministry said on Sunday.

‘Compliance Portal’ launched by the Income-tax department is showing inaccurate/inconsistent financial information for several taxpayers, as per numerous complaints on social media and chartered accountants. As per chartered accountants, the compliance portal is showing highly inflated transaction value and advance tax liability. In this regard the Income-tax department has said on X in a post dated March 11, 2024, “Based on feedback from taxpayers on the e-campaign for Advance Tax, the Department has identified certain inconsistencies in the data of the securities market (SFT-17) provided by one of the Reporting Entities.

Dharavi Redevelopment Project — a special purpose vehicle set up through a joint venture between the Adani Group and Maharashtra government — on Monday said it will begin a survey next week to determine eligibility of the slum residents for their rehabilitation. Starting with Kamla Raman Nagar from March 18, the survey will collect data from lakhs of informal tenement residents, according to a statement. «The data will be used by the state government to determine their rehabilitation eligibility criteria under the proposed redevelopment project,» it said. A specially developed app will be used to capture the data and every informal settlement will be given a unique number, which will be followed with laser mapping of each lane.

By Emma Pinedo and Elizabeth Howcroft

Last week, the dollar faced selling pressure, dropping to the 102 level after the employment report.

Rajeev Chandrasekhar, the candidate of the BJP-led NDA in Thiruvananthapuram, on Monday announced the establishment of 10 Artificial Intelligence Labs in 10 colleges within the constituency. These labs will be operated with the technical help of a 'Global AI giant', the Minister told a press conference here. «We have got applications from 17 colleges, and as a first phase, AI labs will be allocated to 10 of them. The names are yet to be finalised,» Chandrasekhar said. He said these labs are allotted under the new India AI Mission.

Manipur government has launched Imphal—Ukhrul—Imphal Route, Manipur Helicopter Service. Biren took part in several programmes on Monday. Manipur chief minister N Biren Singh stated in X, “Pleased to launch the Imphal—Ukhrul—Imphal Route, Manipur Heli Service in the presence of Hon’ble Cabinet Ministers, MLAs and other officials at my secretariat office today. The air route connectivity between Imphal and Ukhrul will serve as a convenient means of travel & transportation while boosting commercial activities between the two districts, and it will further help in strengthening developmental work in various sectors”. Biren said that the Manipur heli-service is operating on various routes already including along Imphal – Churachandpur, Imphal to Aizwal via Churachandpur, Imphal to Lairouching, Imphal to Dimapur via Lairouching, Imphal-Moreh among others.

Generative artificial intelligence promises to make setting up and integrating new corporate software systems much faster, and the contractors companies typically pay to do the job could see huge efficiency gains. However, some chief information officers fear these contractors, called systems integrators, will see bottom-line savings from tools such as coding assistants—which contractors say can speed up some tasks by 50%—while charging the companies the same rate. “Am I getting those savings? Are they just getting a better market?" said Marc Kermisch, chief digital and information officer at agricultural machinery and construction equipment provider CNH Industrial.

Ramadan 2024 in India: The crescent moon of Ramadan 2024 is expected to be sighted in India on Monday, March 1, which means the fasting for the holy month will begin on Tuesday, March 12. The timetable informing Ramadan 2024 fasting, Sehri, and Iftar timings comes in handy as it helps in the observance of prayers to the almighty. The Ramadan 2024 moon was sighted in Saudi Arabia on Sunday, March 10, and usually the crescent moon is sighted in Asian countries including India, a day after Saudi Arabia and the UAE.