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Politicians have a long way to get tech-savvy

Several candidates have a low level of literacy, but know just enough about social media to know it is important to have a presence there.Neha Alawadhi reports. Photograph: Kind courtesy Pixabay......

Will you help this child live?

August will be life-changing for Krishna Gulwani. The seven-year-old boy will undergo a bone marrow transplant surgery; his second attempt after the first went horribly wrong. After the first......

Months after stampede, Army-built Elphinstone FoB opens to public

Five months after 23 people died in a stampede at suburban Elphinstone Road railway station, a new Foot Over Bridge constructed by the Army was thrown open to the public on Tuesday. Two FoBs at......

1,222 NGOs asked to validate bank accounts by Centre

As many as 1,222 NGOs across the country have been directed by the home ministry to validate the bank accounts in which they receive foreign contribution, failure of which will invite punitive......

Govt asks 3,768 NGOs to validate bank accounts

As many as 3,768 NGOs across the country have been directed by the home ministry to validate their foreign contribution designated accounts with banks, failure of which will invite penalty. In a......

Budget sops may lure Mauritius funds to Gift City

As per the Budget proposals, migration of a fund to a fund in IFSC will not be regarded as transfer if done on or before March 31, 2023. Transfer of units will be tax neutral. Grandfathered......

FPIs get relief as dividend tax kept at par with treaty rates

'Rationalising TDS on dividends for FPIs to reduce it to treaty rates ranging from 5 to 15 per cent, depending on the country of residence of FPIs from current rate of 20 per cent will provide a......

Foreign listing of start-ups, MSMEs will now be easier

The criteria for allowing companies to avail of this provision will include profitability, networth, paid-up capital, and turnover. Illustration: Dominic Xavier/Rediff.com The ministry of......

Foreign investors get tax relief for AIF investment

Alternative Investment Fund refers to any fund established or incorporated in India which is a privately pooled investment vehicle that collects funds from sophisticated investors, whether Indian......

Will IFSCA be the boss of India's financial markets?

For financial sector companies setting up shop in India, as of now the go-to regulators are obviously Sebi and the RBI with carve-outs for IRDAI or possibly PFRDA.This could change soon with the......
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NSE Academy, GIFT SEZ sign pact to launch certification in international financial services

Both organisations will jointly create unique certification and regulatory programmes for the corporates and organisations operating in... ...

https://economictimes.indiatimes.com/markets/stocks/news/nse-academy-gift-sez-sign-pact-to-launch-certification-in-international-financial-services/articleshow/81763597.cms
IFSC codes of these PSU banks will change starting April 1

From this year (i.e., 2021), the IFSC codes and MICR codes of the amalgamating banks will be discontinued and the codes used by the anchor bank... ...

https://economictimes.indiatimes.com/wealth/save/ifsc-codes-of-these-psu-banks-will-change-starting-april-1/articleshow/81742510.cms
Withholding tax returns to haunt FPIs

The government tweaked income tax rules to accommodate a beneficial withholding tax rate of 10% to alternative investment funds (AIFs) that invest... ...

https://economictimes.indiatimes.com/markets/stocks/news/withholding-tax-on-fpi-debt-return-may-surge-to-20/articleshow/81541843.cms
IFSCA allows banks in IFSCs to undertake portfolio management, investment advisory services

The market infrastructure institutions (MIIs) viz stock exchanges, clearing corporations and depositories are of critical importance in the growth... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/ifsca-allows-banks-in-ifscs-to-undertake-portfolio-management-investment-advisory-services/articleshow/81535646.cms
Erstwhile Syndicate Bank cheque books valid till June-end

Customers can obtain new cheque books and information on new IFSC or MICR codes of the erstwhile Syndicate Bank branches through the bank's... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/erstwhile-syndicate-bank-cheque-books-valid-till-june-end/articleshow/81432952.cms

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