https://jaydeepmitra.com/

news

TAX, EFP, GST, ITR news

Northern Uni and Space Kidz India to launch student-led satellite project

Northern Uni and Space Kidz India to launch student-led satellite project

CHENNAI: In commemoration of World Space Week, Northern Uni, an educational institution located in Jaffna on Thursday signed a strategic MoU with Space Kidz India to launch a collaborative student-led satellite project, marking a monumental step in space education for the northern region of Sri Lanka. This project will bring together students from both Northern …

Northern Uni and Space Kidz India to launch student-led satellite project Read More »

MUFG rejoins Yes Bank race, submits initial bid for a majority stake

MUFG rejoins Yes Bank race, submits initial bid for a majority stake

Mumbai: Japan’s Mitsubishi UFJ Financial Group (MUFG), the world’s second-largest bank holding company, has re-entered the contest to acquire a majority stake in Yes Bank, India’s sixth-largest private bank by assets, according to people aware of the matter. This comes a month after MUFG’s $2 billion proposal to invest in HDB Financial, the non-banking finance …

MUFG rejoins Yes Bank race, submits initial bid for a majority stake Read More »

DSP Mutual Fund temporarily restricts subscription in its international funds

DSP Mutual Fund temporarily restricts subscription in its international funds

DSP Mutual Fund has announced temporary restrictions on subscription to the units of the seven international schemes. Any lump sum subscription, switch-in, new SIP/STP/ IDCW Transfer Plan registration requests received in these schemes post the cut-off timing on October 1 will not be accepted. SIP/STP installments for existing SIP/STP registration in designated schemes as on …

DSP Mutual Fund temporarily restricts subscription in its international funds Read More »

Easier to claim tax refund in delayed ITR: CBDT doubles the limit for tax refund jurisdiction of commissioners for condonation of delay

Easier to claim tax refund in delayed ITR: CBDT doubles the limit for tax refund jurisdiction of commissioners for condonation of delay

The Ministry of Finance has increased the limit of tax refund claim amount in condonation of delay cases which will help taxpayers who missed filing any ITR though had a tax refund due to him/her. The monetary limit has been almost doubled which are applicable to various income tax officers for accepting condonation of delay …

Easier to claim tax refund in delayed ITR: CBDT doubles the limit for tax refund jurisdiction of commissioners for condonation of delay Read More »

Tide India appoints Srinivas Injeti as Non-Executive Director & Chairperson of board

Tide India appoints Srinivas Injeti as Non-Executive Director & Chairperson of board

DELHI: Tide India, a financial platform for MSMEs, on Tuesday announced the appointment of former IAS officer Srinivas Injeti as Non-Executive Director and Chairperson of its Board. Ex-RBI officer Ajaya Kumar Sahoo has also been appointed as Senior Advisor to the Board. Injeti brings expertise in regulatory frameworks, economic reforms, and financial oversight through his …

Tide India appoints Srinivas Injeti as Non-Executive Director & Chairperson of board Read More »

Travel insurance evolving rapidly to keep up with changing travel habits of modern travellers

Travel insurance evolving rapidly to keep up with changing travel habits of modern travellers

Mumbai: Once limited to covering basic trip cancellations and health emergencies, travel insurance is evolving rapidly to keep up with changing travel habits of modern travellers seeking unique experiences and adventure amid a post-Covid travel boom. A new breed of policies now caters to adventurous and niche activities like golfing and scuba diving besides offering …

Travel insurance evolving rapidly to keep up with changing travel habits of modern travellers Read More »

Sebi board approves ‘light-touch’ rules for passive mutual funds

Sebi board approves ‘light-touch’ rules for passive mutual funds

Markets watchdog Sebi board on Monday cleared a relaxed framework with ‘light-touch’ regulations for entities desirous of launching only passive mutual fund schemes. MF Lite framework or light touch regulations include relaxed requirements relating to eligibility criteria for sponsors, including net worth, track record and profitability, the responsibility of trustees, approval process and disclosures, Sebi …

Sebi board approves ‘light-touch’ rules for passive mutual funds Read More »

What is the new deadline to submit income tax audit report for FY 2023-24 (AY 2024-25)

What is the new deadline to submit income tax audit report for FY 2023-24 (AY 2024-25)

The income tax law requires certain taxpayers to conduct an income tax audit and submit the report by September 30 of the assessment year. However, for FY 2023-24 (AY 2024-25), the tax department has extended the deadline to submit tax audit report to October 7, 2024, from the initial deadline of September 30, 2024. This …

What is the new deadline to submit income tax audit report for FY 2023-24 (AY 2024-25) Read More »

Government to launch revamped Vatsalya Mission portal for integrated child protection services: Official

Government to launch revamped Vatsalya Mission portal for integrated child protection services: Official

The Ministry of Women and Child Development is set to launch a revamped portal under the Vatsalya Mission that will integrate various child protection services currently spread across multiple platforms. Speaking at the closing session of the ninth Annual National Stakeholders Consultation on ‘Protecting the Rights of Children living with Disabilities’, Ministry of Women and …

Government to launch revamped Vatsalya Mission portal for integrated child protection services: Official Read More »