Centre May Apply OBC Creamy Layer Income Limit Across Govt & Private Jobs: What It Means
– Advertisement – Central Government Other Backward Classes (OBC)ReservationThe government is preparing for a big change in the government. It is reported that the government is seriously considering implementing the ‘creamy layer’ income criteria in various central and state government organizations, public sector undertakings (PSUs), universities and the private sector as well. Its aim is […]
New Income Tax Bill: Late ITR Filers Now Eligible for Refund – Here’s What It Means for You
– Advertisement – New Income Tax Bill 2025: In the first version of the Income Tax Bill, 2025, there was a provision of not giving refund for late filing of returns. This rule has been changed in the second version of the bill. According to the new version of the Income Tax Bill, 2025, refund […]
ICICI Bank Hikes Minimum Balance in Metros & Urban Areas by 5x — What It Means for You
– Advertisement – Big private sector bank, ICICI, seems to be closing its doors to the common man now. This is indicated by the recent huge increase in the average minimum balance for savings bank account holders by the bank. ICICI Bank has dramatically increased the average minimum balance for savings bank (SB) account holders […]
US Postpones Tariff on India: What It Means for Trade Relations
– Advertisement – Donald Trump reciprocal tariffs: America had announced to impose 25% tariff on India. It was to be implemented from today i.e. 1st August. But now it has been postponed for 7 days. After the announcement of US President Donald Trump, the Modi government came under the target of the opposition. At the […]
EPFO Rule Changed: Tax rules of EPFO changed, EEE means completely tax free
EPFO Rule Changed: Tax rules of EPFO have changed. Explain that if you contribute more than Rs 2.5 lakh per year to the Employees’ Provident Fund (EPF), it is necessary to pay tax on the interest income from it. For your information, let us tell you that in the Union Budget 2021, the government announced […]
