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Are steps on personal income tax coming?

The government has a report of the task force on direct tax to chart out any future measures on the personal income tax.

HNIs parked in other assets may return to equity

HNIs have lost heavily in PMS investments in the recent small and mid-cap crash.

Mid & smallcaps light up the Street

Lower tax rate to attract investors to the mid- and smallcap space as the downside looks limited

Stakeholders to benefit from merger of PNB, UBI and OBC

Allaying apprehensions of stakeholders, United Bank of India MD and CEO Ashok Kumar Pradhan said there will be "no retrenchment" of human resource of the three banks.

RBI announces new guidelines for 'failed' ATM transactions

RBI announces new guidelines for 'failed' ATM transactions

Failure to resolve complaint within the stipulated time would make these lenders liable to pay customers Rs 100 for every delayed day.

Sebi tightens rules for debt mutual funds

The new rule is aimed at improving risk management and ensuring sufficient liquidity.

Allahabad Bank launches external benchmark linked loans for retail borrowers

With the introduction of these products, the bank is passing on the benefit of lower interest rate in the range of 5-150 bps from the existing rate of interest under MCLR.

Hotel Saravana Bhavan defaults on ESI, PF dues

The hotel chain has 3,190 employees (domestic) at present and is not looking at any layoffs for now.

Social safety net for gig workers proposed

This is the first time that the government has referred to the gig, platform workers. The move comes close on the heels of the legislation in California for gig economy workers.

Delhi transport strike: Handful of autos on roads charge up to 200% of the normal fare

Delhi transport strike: Handful of autos on roads charge up to 200% of the normal fare

In one instance, an auto driver reportedly charged Rs 500 for a distance of 2km. The fares of app-based cabs also surged by three times the usual am

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