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Fixed deposits: Top-5 banks giving higher interest rates
The interest earned on a FD is fully taxable. It is considered a part of total income and taxed as per the applicable tax slabs
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Money9 Helpline | Dealing with Covid-induced financial stress
The Money9 Helpline is an endeavour to help people navigate through financial distress
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Money9 Edit | I-T department should further relax cash restrictions for COVID treatment
The relaxation on the Rs 2 lakh ceiling should be extended beyond May 31 and the insistence on PAN and Aadhaar should be done away with
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Covid-19 and recent developments across the globe
As covid-19 continues to wreak havoc across the globe, here are some key development from around the world
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Taxpayers get some relief: Personal Income tax refunds worth Rs 5,575 crore made by I-T Department
For the past few months, Central Board of Direct Taxes officials have claimed that they have tried to complete refund payments as fast as possible to mitigate the hardships caused by the pandemic
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Office rentals in Mumbai, Delhi, Bengaluru to decline slowly compared to 2020: Knight Frank
Office rentals at Connaught Place in the National Capital Region remained flat in January-March quarter of 2021 compared to a decline of 1% in October-December quarter
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Retail inflation eases to 4.29% in April, IIP grows 22.4% in March
As per the data released by the Ministry of Statistics and Programme Implementation, inflation in the food basket was 2.02% in April, down from 4.87% in the preceding month
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BharatPe rolls out ‘covid vaccination cashback of Rs 300’ for merchants
BharatPe merchants will get a Rs. 300 instant cashback in their bank account by scanning their vaccination certificate via the BharatPe app.
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Sensex, Nifty ends 1% lower, Public sector banks shine
Sensex was down 471 points or 0.96% at 48690, and the broader market index Nifty 50 ended a tad below was down the 14,700-mark at 14,696 after tanking 154 points or 1.04%.
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Combatting Covid-19: Some states are setting examples to follow
State governments should not only emulate best practices from others, but also forget fiscal prudence for the moment
