Political parties won't be taxed on old notes deposits, conditions apply

The government on Friday said political parties depositing old 500 and 1,000 rupee notes in their accounts will be exempt from income tax provided the donations taken are below Rs 20,000 per......

Govt urges banks to close inoperative Jan Dhan accounts

State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused......