'If you miss the deadline, you can still file a belated tax return till March 31, 2021, with a fee under Section 234F, which could be up to Rs 10,000, in addition to an interest under Section 234A and 234B of the Act.'
An initial reading of the guidelines indicates two factors - potential rise in borrowing cost and lower returns on investment book - could hit the spread of NBFCs.
in the longer run, there is no substitute for a standard term, accident, and a comprehensive health cover, with adequate sum insured that will give you round-the-clock and year-after-year coverage.
While a DFI will help banks derisk their loan portfolios, creation of a bad bank will clean up their balance sheets.
The report said resilience of the banks has increased with a sharp improvement in the provision coverage ratio to 60.6 per cent in March 2019 from 52.4 per cent in September 2018 and 48.3 per cent in March 2018.
India has realised that one can only deal with China from a position of strength and that is not palatable to Beijing, observes Dr Rup Narayan Das.
In a most perverse example of tax bullying, someone I know has got by three such notices reopening his assessment minutes before the midnight deadline of June 30, reveals Debashis Basu.
Sahara says awaiting further clarity on issue from regulator, suggests 'human error' or investor confusion led to mismatch.
India has entered a 'demographic sweet spot' with half of its population being under the age of 29. This 'demographic dividend' is likely to last for 2-3 decades and provides the government a unique opportunity to harness the vast potential of India's youth, points out Raj Kishore Mishra, the former civil servant turned development professional.
'Once the lockdown is lifted, we will see some pickup in demand.' 'And my sense is that it will be a long walk this time given that we have lost three months of economic activity.'
Share prices of Dewan Housing, Indiabulls Housing, and PNB Housing have declined 30-80% in the past one year
Beginning with the bird's eye view of itself -- a narrow state of hills, rivers and high population density, in a tapering part of the Indian subcontinent. It can be a beautiful place shaped by aesthetic founded in appropriate lifestyle and progressive views, or a junkyard shaped by money and what money buys. The choice is Kerala's, notes Shyam G Menon.
The health and family welfare ministry spent 70 per cent of its allocation till October. The ministry may need additional funds for the vaccination drive which is expected to be kicked off from January.
'2020 will show whether India's troubled domestic economic and political house reveals a mismatch in their strategic association or whether closer strategic ties are yet possible,' says Anita Inder Singh.
The government said that far from targeting any US entity, the purpose was to ensure fairness, healthy competition, and to exercise the ability of governments to tax businesses having a nexus with the Indian market through digital operations.
In its annual policy review on April 1, the central bank had proposed a ban on prepayment penalties.
You need not worry even if there is a mismatch between your income and deduction in Form 16/16A and Form 26AS, says Ashley Coutinho
Apart from a stake buy, some other options on the table include a merger of the entertainment businesses of Sony and Network18 Media.
A summary of Saturday's UEFA World Cup qualifiers.
After winning accolades for its 'Kerala model' of combating the contagion about a year ago, the state is now seeing daily fresh cases between 12,000 to 15,000 with no end in sight to the 'prolonged surge', as some experts put it.
In the mid-tier space, clients with weak balance sheets are likely to ask for price revision apart from delay in payment.
If a BJP-led government does, indeed, perform as well as the opinion polls predict, the 16th Lok Sabha will have fair chances of stability.
The starlet's latest appearance, at the muhurat shot of her Marathi production venture Jai Jaikar, had us alarmed.
In absolute terms, revenue receipts stood at Rs 9.07 lakh crore at the end of October. For the entire 2019-20, the revenue receipts have been pegged at Rs 19.62 lakh crore.
To enable widen the fiscal deficit beyond the permissible limit under the present legislation, the government may have to propose amendment to the FRBM Act in the Finance Bill.
Demand-supply mismatch and diverse govt regulations have sent the price soaring for renting an elephant in Kerala.
Putting together all the required documents and surmounting legal hurdles could be a challenge for the nominee.
'It is difficult to pin down any singular factor but marriage does invite the emotional investment of viewers,' observes Chintan Girish Modi.
The hoopla surrounding Sachin Tendulkar's farewell, says Bikash Mohapatra, has completely camouflaged what could be a mismatch series, as the West Indies team neither has the pedigree nor players to get past M S Dhon's side.
Till now, the postal ballots were counted in the beginning followed by votes polled in voting machines.
The RBI on Wednesday provided more time to exporters to collect payment of goods and software sold to overseas buyers and repatriate that to India, as the central bank announced more measures to deal with the economic fallout of the Covid-19 pandemic. The central bank has also decided to increase the limit of advances it gives to states and UTs by 30 per cent under the Ways and Means (WMA).
The Congress vice president made a political speech to the mandarins of corporate India. He charmed them with his good intentions but left them unsure with his ability to get things done. Sheela Bhatt analyses the Congress scion's address at the CII.
Dr Nishant Joshi and his pregnant wife, Dr Meenal Viz, had initiated the legal action in April with a pre-action letter seeking answers from the UK's Department of Health and Social Care and Public Health England. They decided to push ahead with the case in the high court in London on Wednesday because they feel they are "no longer willing to wait".
The cost of not vaccinating the entire population quickly will be far higher than bearing the entire cost of vaccination, points out Prosenjit Datta.
Long-term funding was a requirement for infrastructure projects, and asset-liability mismatch in the banking system, impacts the access to finance for infrastructure projects. One of the key challenges would, however, be to get private sector back into investing.
'When an institution believes its knowledge and capability is superior to everyone, it behaves like a frog in the well.' 'And this is precisely the cause for the mess,' says J N Gupta.
'The recent price hike would only be beneficial if the airlines continue to operate at 80 per cent airline capacity. An increase towards 90 or 100 per cent airline capacity would again add pressure to the fares as demand remains muted. Also, we are in the fourth quarter of the fiscal year which is a seasonally weaker quarter,' says an analyst.
The data gaps are inhibiting sound decisions. We need to know seroprevalence, infection, and vaccination rates. This is required in 200 cities of India, every week, suggests Ajay Shah.
Air India's plans to lease its headquarters in Nariman Point has been hit.
Earlier, taxpayers were required to fill in complete details.
