The Reserve Bank on Wednesday came out with revised guidelines for the hiring of lockers under which the liability of banks will be limited to 100 times its annual rent in case of fire, theft, building collapse or frauds by bank employees. As per the revised guidelines, which shall come into effect from January 1, 2022, banks will be required to incorporate a clause in the locker agreement prohibiting the hirer from keeping anything illegal or hazardous in lockers. The RBI said it has reviewed the 'Deposit Locker/Safe Custody Article Facility provided by the banks' after taking into consideration various developments in the area of banking and technology, nature of consumer grievances and also the feedback received from banks and Indian Banks' Association (IBA).
Siraj revealed that Kohli coming to his house was the best surprise of his life.
The pandemic has shown that whether any of us have the virus or not, what most of us don't have when confronted by it is simple humanity.
Police said the 27-year-old uncle of the girl, who planned the kidnapping of the minor girl to exhort money from her parents, was arrested along with his associate in east Delhi's Krishna Nagar area on Wednesday.
If the real estate sector is properly managed, it could drive not just finance but demand for a range of products and services, observes T N Ninan.
Mihir Tanna, Associate Director, S K Patodia & Associates, answers your tax queries.
The lyrical beauty of the songs, the exceptional frames that bind beauty and poetry make Neelavelicham a near-perfect tribute to the legendary writer who marvelled at imperfection and despised grammar as much as he hated his writing being edited, observes Divya Nair.
'The moment he got to know that any comedian was struggling or had not paid rent for months, he would immediately help because he himself had struggled.'
The water level of the Yamuna reached 205.92 metres at 4 pm on Monday and remained above the danger mark of 205.33 metres, officials said.
'Worshippers weren't killed during prayers even in India or Israel but it happened in Pakistan'
Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities and has breached the 2015 peak level, according to India Sotheby's International Realty. In its annual 'Luxury Outlook Survey 2023', India Sotheby's International Realty (ISIR) revealed that 61 per cent of High-Net-worth Individuals (HNIs) and Ultra High-Net-worth Individuals (UHNIs) are looking to buy luxury real estate during 2023-24. The sample size of the survey is more than 500 HNIs and UHNIs.
In his second term in office, UP Chief Minister Yogi Adityanath has retained 34 portfolios.
The Budget has levied a pollution cess on petrol, diesel cars and SUVs and offered a one-time compliance window for domestic black money holders slapping a tax and penalty of 45 per cent.
When you are in your 20s and early 30s, you have the biggest asset to your credit -- time. By starting to invest during the early stages of your career, you get a lot of time to research, learn, and achieve, advises Ayan Nagpal.
Employees should review the accuracy and completeness of the information provided in Form 16. They should confirm that all the tax deducted has been credited correctly.
Actor Ranganath's funeral took place at Bansilalpet burial ground on December 20.
Dulat, however, pointedly said engagement with Pakistan has always been "influenced by domestic politics".
Zombies, multiverse, tragedy, Japanese culinary traditions, you'll find it aplenty on OTT this week.
'We were sleeping when suddenly we heard the sounds of bombs exploding'
He is now left with his 16-year-old son, who also had a miraculous escape as had gone out to buy some medicine when the tragedy struck.
'The delivery happened after facing several difficulties and therefore, me and my husband wanted to make the day memorable'
A small Ahmedabad-based chartered accountancy firm, whose appointment was questioned by a US short seller in its scathing report against the conglomerate run by billionaire Gautam Adani, has resigned due to "pre-occupation", Adani Total Gas Ltd said. Hindenburg Research in its January 24 report that levelled allegations of fraud, stock manipulation and money laundering against the Adani group, had also raised the issue of the size and capability of the firms auditing the conglomerate. Adani group has repeatedly denied all allegations.
A bench comprising Justice S P Kesarwani and Justice Vikas Budhwar passed the order on a writ petition filed by the owner of the property, Malati Devi.
Sidharth Narayanan who has spent 15 years in the IT industry, shares his insights from his personal experiences.
To give impetus to the real estate sector, Goyal proposed to extend the period of exemption from levy of tax on notional rent on unsold inventories from one year to two years.
'A male constable addressed my mother using profanities.' 'They said nothing could save our home from being bulldozed.' 'They want to make my father their sacrificial goat.'
John and Tamilarasi had their newborn stolen eight years ago, and lost all hope of ever finding him. Now they have got him back, though not fully. Not yet.
The posters were put up on the shutters of the shops late on Sunday evening, Purola station house officer Khajan Singh Chauhan said.
Take a look at these famous addresses from around Mumbai.
Sequels, prequels, something new, something same, Sukanya Verma offers you your OTT menu this week.
Priyanka has been told that if she stays beyond August 1, she will have to pay penalty.
The court also directed the CBI to continue assessing threat perception to the life and security of the survivor and her family members every three months.
If everything goes as expected, Arya, now a second year graduation student of a Thiruvananthapuram college, would not only become the new mayor of Kerala's capital, a position held by several significant personalities in the past, but also the youngest ever mayor in the country.
According to the apex court, the disclaimer should say that 'there is no authenticated data to back up the suggestion on figure of conversion and the film represents the fictionalised version'.
'For such prices you could get a place inside New York City and inside London.' 'Rs 7 crore is a million dollars and will bring you a handsome place in any city in the world.' 'The truly strange thing is that the conversion of the rupee's actual value makes India's real estate even more expensive,' says Aakar Patel.
Union minister Smriti Irani on Monday bought a plot of land in Amethi to build a house for herself and, in an apparent dig at Congress leader Rahul Gandhi, said no member of Parliament from here ever made the constituency his house.
As Jahangirpuri's C-Block remains heavily barricaded and under tight security following last week's violence, several residents Friday said they are unable to open their shops or go to work due to restriction on movement which is affecting their livelihoods.
Ashok Tripathi, 54, who ran a company in Odisha, and Vaibhavi Bandekar Tripathi, 51, who worked in a firm at Bandra-Kurla Complex in neighbouring Mumbai, had separated following court orders, an official from Kapurbawdi police station in Thane said on Monday.
A taxpayer whose deductions and exemption claims are less than Rs 3.75 lakh annually would be advised to opt for the new income tax regime and pay less tax than they gave in the old regime, a senior finance ministry officer said on Wednesday. The Income Tax Department has arrived at the figure after making due calculations for ensuring a "hassle-free and less tax rate" filing regime for the assessees, he said. Union Finance Minister Nirmala Sitharaman, while presenting the Budget for 2023-24, said the government has made the new income tax regime more attractive for taxpayers bringing "substantial changes" in its structure for the benefit of the middle class.
'The rising cost of construction, the cost of doing business, high compliance, and inflation/interest rates going up have already reduced returns to single digits.'
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