News for 'Credit Association'

Credit cards with a heart!

Credit cards with a heart!

Rediff.com29 Mar 2005

What's Soccer Legend Johan Neeskens Doing In Mumbai?

What's Soccer Legend Johan Neeskens Doing In Mumbai?

Rediff.com23 Aug 2022

Johan Neeskens, one of the finest midfielders football has seen, is in Mumbai this week in connection with the World Coaches Programme.

'Nari shakti', festivals, spirituality themes of this year's states' tableaux

'Nari shakti', festivals, spirituality themes of this year's states' tableaux

Rediff.com26 Jan 2023

"Nari shakti" and women empowerment dominated the theme of tableaux of Kerala, Karnataka, Tamil Nadu, Maharashtra and Tripura at the Republic Day parade here on Thursday.

National interest must guide your every decision, Modi tells bureaucrats

National interest must guide your every decision, Modi tells bureaucrats

Rediff.com21 Apr 2023

Prime Minister Narendra Modi on Friday urged bureaucrats to make national interest the sole basis of their every decision, saying the country has put its faith in them and they must uphold that trust.

Banks wrote off NPAs over 10 lakh crore in last 5 financial years: FM

Banks wrote off NPAs over 10 lakh crore in last 5 financial years: FM

Rediff.com13 Dec 2022

Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, finance minister Nirmala Sitharaman informed Parliament on Tuesday. The non-performing assets (NPAs), including those in respect of which full provisioning has been made on completion of four years, are removed from the balance sheet of the bank concerned by way of write-off, she said in a reply to Rajya Sabha. "Banks write off NPAs as part of their regular exercise to clean up their balance sheet, avail tax benefit and optimise capital, in accordance with RBI guidelines and policy approved by their boards.

Want To Rent Your Place? Read This

Want To Rent Your Place? Read This

Rediff.com3 Feb 2023

Don't download a rent agreement from the Internet or sign blindly on one prepared by the broker.

Common man bogged down by corruption, remarks SC in case to debar criminal MPs

Common man bogged down by corruption, remarks SC in case to debar criminal MPs

Rediff.com24 Feb 2023

The common man in India is bogged down by corruption and there is a need to fix accountability at all levels, the Supreme Court observed on Friday as it dealt with a petition seeking debarment of those against whom charges have been framed in criminal cases from contesting elections.

The A-W Of Desi Guests At the White House Dinner

The A-W Of Desi Guests At the White House Dinner

Rediff.com24 Jun 2023

The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.

GST Council may consider changes in monthly payment form

GST Council may consider changes in monthly payment form

Rediff.com24 Jun 2022

The GST Council in its meeting next week is likely to consider a proposal for making changes in the monthly tax payment form -- GSTR-3B, which would include auto-population of outward supplies from sales return and non-editable tax payment table, officials said. The move would help curb the menace of fake billing, whereby sellers would show higher sales in GSTR-1 to enable purchasers to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability. Currently, GSTR-3B of a taxpayer includes auto drafted input tax credit (ITC) statements based on inward and outward B2B supplies and also red flags any mismatch between GSTR-1 and 3B.

CWG 2022: Lovlina's coach Sandhya receives accreditation

CWG 2022: Lovlina's coach Sandhya receives accreditation

Rediff.com26 Jul 2022

Lovlina Borgohain's personal coach Sandhya Gurung on Tuesday received her accreditation for the Commonwealth Games, a day after the Olympic bronze medallist claimed her preparation for the event was getting affected due to "continuous harassment" of her coaches.

JD-U nominates Nitish Kumar's trusted aide Anil Hegde to RS

JD-U nominates Nitish Kumar's trusted aide Anil Hegde to RS

Rediff.com16 May 2022

Bihar Chief Minister Nitish Kumar's Janata Dal-United on Monday announced its low-profile top office-bearer Anil Hegde as its candidate for the by-election to a Rajya Sabha seat which has been necessitated by the death of multiple-term MP, King Mahendra.

How RBI's bar on Mastercard impacts Indian banks

How RBI's bar on Mastercard impacts Indian banks

Rediff.com16 Jul 2021

The Reserve Bank of India's (RBI's) move to ban Mastercard from issuing new cards for not complying with the local data storage guidelines may hit five private banks, a non-bank lender, and a major card-issuing company. The impact is expected to be felt for a few months as these players transition to other card networks. According to Nomura Research, RBL Bank, YES Bank, and Bajaj Finserv are the ones most impacted by the ban as all their credit card schemes are allied to Mastercard. Among others, IndusInd Bank, Axis Bank and ICICI Bank have 35-40 per cent of their credit card schemes tied to Mastercard, the report said.

You need to be slightly unorthodox to score in India: Rohit

You need to be slightly unorthodox to score in India: Rohit

Rediff.com11 Feb 2023

India captain Rohit Sharma said application and planning are important for succeeding on spin-friendly sub-continent wickets.

Missed ITR Deadline? Here's HELP!

Missed ITR Deadline? Here's HELP!

Rediff.com12 Aug 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.

'Why should my wife pay Rs 5,000 tax for no mistake of hers?'

'Why should my wife pay Rs 5,000 tax for no mistake of hers?'

Rediff.com20 Oct 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your personal income tax queries.

S&P upgrades five Tata group companies

S&P upgrades five Tata group companies

Rediff.com21 Oct 2021

S&P Global Ratings on Thursday upgraded ratings of five companies of the Tata group including Tata Steel, Tata Motors and Jaguar Land Rover (JLR) reflecting its reassessment of the ongoing influence and the potential for 'extraordinary financial support' from the parent, Tata Sons. Under the revised exercise, S&P Global said ratings on Tata Steel Ltd and its 100 per cent-owned financing subsidiary ABJA Investment Co Pte Ltd have been upgraded to 'BBB-' from 'BB' with stable outlook. Similarly, Tata Motors Ltd and its wholly-owned arm TML Holdings Pte Ltd have been upgraded to 'BB-' from 'B' ratings with stable outlook.

Centurion Munro credits Kiwi bowlers for Rajkot T20 win

Centurion Munro credits Kiwi bowlers for Rajkot T20 win

Rediff.com5 Nov 2017

Centurion Colin Munro credited New Zealand's "outstanding" bowling attack for the 40-run victory in the second T20 International, in Rajkot, on Saturday, saying dismissing the in-form India openers early was "massive".

Tokyo gold winners to get Rs 75 lakh from IOA

Tokyo gold winners to get Rs 75 lakh from IOA

Rediff.com23 Jul 2021

IOA also said that the member State Olympic Associations "will also receive a sum of Rs 15 lakh each, as a contribution from IOA towards developing sports infrastructure in the states and in encouraging more athletes to take up sports."

ASK MIHIR: 'Can NPS get extra tax benefit for me?'

ASK MIHIR: 'Can NPS get extra tax benefit for me?'

Rediff.com6 Sep 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.

Include Value Funds In Your Portfolio

Include Value Funds In Your Portfolio

Rediff.com20 Jan 2023

Don't exit from growth-style funds as they may benefit next from a shift in investor preference.

IndiGo set to lease wide-body Boeings soon

IndiGo set to lease wide-body Boeings soon

Rediff.com12 Oct 2022

For the first time, the country's largest airline IndiGo will soon lease up to four wide-body Boeing 777 planes to cover the shortfall in its international operations, according to officials. The airline said the wet-leasing of "certain aircraft" will be done as an interim measure. IndiGo, which has so far only been operating narrow-body Airbus planes, ATRs and freighters, will now be having wide-body aircraft in its fleet.

T20 WC PIX: Pakistan keep semis hopes alive with win over Netherlands

T20 WC PIX: Pakistan keep semis hopes alive with win over Netherlands

Rediff.com30 Oct 2022

Images from the T20 World Cup Super 12 match between Pakistan and Netherlands, in Perth, on Sunday

Survival first, revival later: Hotels' mantra for 2022

Survival first, revival later: Hotels' mantra for 2022

Rediff.com20 Dec 2021

When the sun rises in 2022, the Indian hospitality industry will be waking up with prayers for survival, desperately looking forward to some form of support from the government as revival from the impact of the coronavirus pandemic of the last two years will be an arduous journey. Just as the industry was beginning to see a flickering light at the end of a long tunnel towards the end of 2021, the spread of the Omicron variant of coronavirus and subsequent extension of suspension of scheduled international passenger flights till January 31, 2022, has come as a dampener to those who were looking to have some business in the winter season. With inbound tourist arrivals unlikely amidst the pandemic, the industry wants the government to incentivise domestic travels with income tax benefits for a limited period so as to help the hospitality and tourism sector get up again by tapping the pent up demand for holidays, within the country.

ASK MIHIR: 'Will I have to pay double income tax?'

ASK MIHIR: 'Will I have to pay double income tax?'

Rediff.com7 Sep 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, answers your income tax queries.

$12 bn bonanza for govt from windfall tax on oil firms

$12 bn bonanza for govt from windfall tax on oil firms

Rediff.com5 Jul 2022

The windfall taxes on domestic crude oil production and fuel exports will generate close to $12 billion (Rs 94,800 crore) for the government in the remainder of the current fiscal while trimming profits of firms such as Reliance Industries Ltd and ONGC, Moody's Investors Service said Tuesday. On July 1, the government imposed windfall gain taxes on the export of petrol, diesel and aviation turbine fuel (ATF), and on the domestic production of crude oil. It has also mandated exporters to meet the requirements of the domestic market first.

Battle royal in offing as Bengal-Saurashtra clash in Ranji final

Battle royal in offing as Bengal-Saurashtra clash in Ranji final

Rediff.com15 Feb 2023

A red-hot Bengal will have a chance to win their first Ranji Trophy title in 33 years when they face Saurashtra, bolstered by the return of pacer and domestic game heavyweight Jaydev Unadkat, in the summit clash in Kolkata from Thursday.

If You Live On Rent, You Have To Pay TDS

If You Live On Rent, You Have To Pay TDS

Rediff.com21 Mar 2022

'Tenants who pay rent above the threshold limit must be extra cautious about TDS fillings.'

Why We Need Professional Investment Advisors

Why We Need Professional Investment Advisors

Rediff.com30 Dec 2022

When we are unwell, we consult a doctor, take a prescription, and then buy medicines from a chemist. In finance, too, it is best to keep investment advice and product purchase separate, suggests Bindisha Sarang.

The School By the Sea

The School By the Sea

Rediff.com13 Feb 2023

The school was run on strict Gandhian lines, with stress on students doing things themselves. Physical comforts were minimal, in keeping with the relatively backward geographical area. But it had a staff of teachers dedicated to educating their students, not just imparting them book-learning, remembers Shreekant Sambrani.

Top Performer: Anuj Rawat's Top Class 50

Top Performer: Anuj Rawat's Top Class 50

Rediff.com10 Apr 2022

The Player of the Match scored 66 off 47 balls with a strike rate of 140.42, including six sixes and two fours.

Not a 150 pitch: Rohit, after Mumbai Indians suffer 4th defeat

Not a 150 pitch: Rohit, after Mumbai Indians suffer 4th defeat

Rediff.com10 Apr 2022

Skipper Rohit Sharma was left shattered after Mumbai Indians suffered their fourth straight defeat, losing to Royal Challengers Bangalore at the Maharashtra Cricket Association Stadium, in Pune, on Saturday.

Buoyed by increasing minority support in NE, Modi now sets eyes on Kerala

Buoyed by increasing minority support in NE, Modi now sets eyes on Kerala

Rediff.com3 Mar 2023

Modi hit out at the Congress for its president Mallikarjun Kharge's attempt to play down his party's poor show in the polls by describing it as "small state elections".

Maha farmer urges PM to ensure MSP, kills self over onion price crash

Maha farmer urges PM to ensure MSP, kills self over onion price crash

Rediff.com20 Sep 2022

The suicide note also stated about "foul language" used by people associated with a cooperative society and threat by lenders (finance firms), a police officer said on Monday.

How taxmen will help you file I-T return correctly

How taxmen will help you file I-T return correctly

Rediff.com28 Oct 2021

Now, more pieces of information about your transactions and income, such as remittances received from overseas, will be uploaded in Form 26AS by the income-tax (I-T) department. This will help the taxpayer file I-T return (ITR) correctly and assist the department in detecting discrepancies, if any, in the ITR. Besides foreign remittances, these new items are interest on I-T refund, dividend from mutual funds (MFs), and purchase of MFs, among others.

Housing prices may go up 10-15%

Housing prices may go up 10-15%

Rediff.com28 Mar 2022

Realtors' body CREDAI on Monday said the cost of construction has gone up by 20-25 per cent, mainly during the last 45 days, due to steep rise in prices of raw materials like steel, and builders will be forced to increase property prices from next month by an average 10-15 per cent. CREDAI-MCHI, the Maharashtra chapter of CREDAI, demanded that the central as well as state governments consider giving relief to the industry by reducing stamp duty and GST rates, besides allowing input tax credit (ITC) to developers. The association said it would not advise member developers to stop construction works as of now, but if the price rise continues then builders would have no option but to halt works at project sites and defer purchase of raw materials.

'A $5 trillion economy won't be a dream'

'A $5 trillion economy won't be a dream'

Rediff.com22 Jul 2022

'We have 750 districts across the country, and each district can create one cluster like Tirupur on any product of their choice.' 'This way, we can even have $3 trillion in exports.'

Hockey Year Ender 2022: Indian women steal limelight

Hockey Year Ender 2022: Indian women steal limelight

Rediff.com26 Dec 2022

India women claim hockey CWG medal after 16 years

National retail trade policy may include insurance plan for traders

National retail trade policy may include insurance plan for traders

Rediff.com10 Jan 2022

The Department for Promotion of Industry and Internal Trade (DPIIT) will soon start public consultation for a national retail trade policy, which is likely to include an insurance scheme aimed at providing financial protection against losses caused by theft, accidents or natural calamities. The policy will also spell out ways to give traders access to low-cost finance, promote digital inclusion, and create necessary infrastructure to support them, a senior government official told Business Standard. This is expected to offer relief especially to traditional traders, who are facing stiff competition from large e-commerce players.

Rookie Jayant credits Ashwin for his rise

Rookie Jayant credits Ashwin for his rise

Rediff.com19 Nov 2016

Ravichandran Ashwin has played a big role in grooming Jayant Yadav and the debutant profusely thanked India's star spinner for his impressive debut in the second Cricket Test against England on Visakhapatnam.

Lessons For Banks To Learn From SVB Collapse

Lessons For Banks To Learn From SVB Collapse

Rediff.com5 Apr 2023

The difference between what the banks play in the US and India is not that of soccer and football but rugby and football. SVB also has a unique character. But when risks are mispriced, the fallout could be very similar, points out Tamal Bandyopadhyay.