Good News for Taxpayers on ITR Refund..CPC Key Decision on ITR Refund
Sweet treat for taxpayers. Henceforth, the refund will be issued faster. As per the new rules, the Assessing Officer will have to take a decision on issuance of refund within 21 days.
The central government has given sweet talk. The announcement was made to give relief to the tax payers. The Income Tax Department has recently reduced the time to 21 days for deciding on the adjustment of tax refunds due to the tax authorities. It can be said that this will give relief to the tax payers.
Till now the tax authorities had a deadline of 30 days. But now this time limit has been reduced to 21 days, said Directorate of Income Tax (Systems). If the taxpayer does not agree to the refund adjustment or partially a...
India's First Gold ATM in Hyderabad: Gold ATMs to open in Telangana Districts
ATM (automated teller machine)...remembers withdrawing money. But now gold can also be drawn. Are you confused about that? What you have heard is true...Gold ATM has been established in our Hyderabad for the first time in the country. Moreover, Dandoi will soon be established in many districts of the state.
India's First Gold ATM in Hyderabad Opened:
ATM is going to be about financial transactions..! Another meaning is coming. It is not a matter of money... you can go to ATMs for gold as well. Gold can be bought directly through them. Our city of Hyderabad is the stage for such excellent service. The first gold ATM in the country was set up in Hyderabad. This ATM was inaugurated on Saturday at the company's of...
Goldman Sachs Predicts India's Economic Growth will Slow Down in the Year 2023
Goldman Sachs Group Inc has cut its forecast for India's economic growth next year. Goldman economists led by Andrew Tilton said in a report on Sunday that gross domestic product is expected to grow by 6.9 percent this year and 5.9 percent in 2023.
In two parts "Growth will be in two parts. The first half will be slower," the report said. "Growth is likely to pick up again in the second half as global growth picks up and the drag from net exports eases," he explained. India is one of the fastest growing major economies in the fiscal year ended March.
US Federal Reserve:
The US Federal Reserve explained that the US Federal Reserve is likely to raise interest rates, and price increases will become a chal...
How to Check EPFO Account Interest Credit...Know the EPFO Rules to Get Pension
Employees Provident Fund (EPF) has started the process of crediting interest to customers. The beneficiaries have been informed by EPFO that the interest has been fully credited and there will be no loss. PF customers can see the interest amount in their account soon. The process of crediting the interest is still going on, EPF said. Due to the update of R, it is not evident in the statements.
Central Board of Trustees:
The Contributory Provident Fund, Pension Plan, Insurance Program are all administered by the Central Board of Trustees (CBT), the apex decision-making body of EPFO for employees working in India's organized sector. The interest rate on EPF accounts is usually decided by the CBT every f...