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Income Tax Return (ITR) filing is a critical component of financial compliance for individuals, especially for Non-Resident Indians (NRIs). This process involves reporting income, disclosing taxes paid, and claiming any potential refunds from the Indian tax department.
For NRIs, understanding and complying with India's ITR filing requirements can be complex, given varied income sources and intricate tax laws. They often face the challenge of potential double taxation, necessitat
Income Tax Return (ITR) filing is a critical component of financial compliance for individuals, especially for Non-Resident Indians (NRIs). This process involves reporting income, disclosing taxes paid, and claiming any potential refunds from the Indian tax department.
For NRIs, understanding and complying with India's ITR filing requirements can be complex, given varied income sources and intricate tax laws. They often face the challenge of potential double taxation, necessitat
The India Meteorological Department (IMD) has announced that the 2024 monsoon season concluded with a notable 7.6% above average rainfall across the country. Key regions including Rajasthan, Gujarat, western Madhya Pradesh, Maharashtra, Telangana, and Andhra Pradesh experienced significant excess rainfall, highlighting a surplus compared to typical seasonal patterns.
The withdrawal of the South West monsoon began on September 23, which is six days later than the usual date of Septem
The India Meteorological Department (IMD) has announced that the 2024 monsoon season concluded with a notable 7.6% above average rainfall across the country. Key regions including Rajasthan, Gujarat, western Madhya Pradesh, Maharashtra, Telangana, and Andhra Pradesh experienced significant excess rainfall, highlighting a surplus compared to typical seasonal patterns.
The withdrawal of the South West monsoon began on September 23, which is six days later than the usual date of Septem
In a positive sign for the Indian economy, the Goods and Services Tax (GST) collections for September 2023 increased by 6.5% year-on-year, totaling ₹1.73 lakh crore. This marks a rise from ₹1.63 lakh crore collected in September of the previous year. The net GST collection after refunds stood at ₹1.53 lakh crore, showing a growth of 4% compared to ₹1.47 lakh crore in September 2022.
So far this fiscal year, the government has recorded a gross GST revenue of ₹10.87 lakh cro
In a positive sign for the Indian economy, the Goods and Services Tax (GST) collections for September 2023 increased by 6.5% year-on-year, totaling ₹1.73 lakh crore. This marks a rise from ₹1.63 lakh crore collected in September of the previous year. The net GST collection after refunds stood at ₹1.53 lakh crore, showing a growth of 4% compared to ₹1.47 lakh crore in September 2022.
So far this fiscal year, the government has recorded a gross GST revenue of ₹10.87 lakh cro
In a touching gesture, Indian cricket star Virat Kohli gifted a signed bat to Bangladesh's Shakib Al Hasan following the second Test match in Kanpur, which also marked Shakib's final appearance on Indian soil. This moment was particularly poignant as Shakib announced his retirement ahead of the match, and uncertainties loom regarding his participation in future Test matches due to ongoing political tensions in Bangladesh.
After India's comprehensive victory over Banglade
In a touching gesture, Indian cricket star Virat Kohli gifted a signed bat to Bangladesh's Shakib Al Hasan following the second Test match in Kanpur, which also marked Shakib's final appearance on Indian soil. This moment was particularly poignant as Shakib announced his retirement ahead of the match, and uncertainties loom regarding his participation in future Test matches due to ongoing political tensions in Bangladesh.
After India's comprehensive victory over Banglade
The Kerala health department announced on Friday the emergence of another Mpox case in the state, prompting officials to encourage anyone exhibiting symptoms to seek immediate medical care. This follows the report of India’s first confirmed case of the new Clade 1b strain earlier in the week.
State Health Minister Veena George stated that a high-level evaluation meeting was convened to assess the ongoing situation. The contact list of the confirmed patient has been compiled, a
The Kerala health department announced on Friday the emergence of another Mpox case in the state, prompting officials to encourage anyone exhibiting symptoms to seek immediate medical care. This follows the report of India’s first confirmed case of the new Clade 1b strain earlier in the week.
State Health Minister Veena George stated that a high-level evaluation meeting was convened to assess the ongoing situation. The contact list of the confirmed patient has been compiled, a
As the Indian cricket team prepares for the crucial second Test against Bangladesh at Kanpur's Green Park Stadium, all eyes are on KL Rahul, who has struggled since his return from injury. With a batting average around 35 and lackluster performances raising doubts about his position, the pressure is on for the experienced player. Indian batting coach Abhishek Nayar remains optimistic, highlighting the need for support during challenging phases.
Nayar acknowledged Rahul's pas
As the Indian cricket team prepares for the crucial second Test against Bangladesh at Kanpur's Green Park Stadium, all eyes are on KL Rahul, who has struggled since his return from injury. With a batting average around 35 and lackluster performances raising doubts about his position, the pressure is on for the experienced player. Indian batting coach Abhishek Nayar remains optimistic, highlighting the need for support during challenging phases.
Nayar acknowledged Rahul's pas
India made history on Sunday as both its men's and women's chess teams secured their maiden gold medals at the 45th Chess Olympiad. In a stunning display of skill and strategy, the men's team triumphed over Slovenia, while the women's team dominated Azerbaijan, marking a monumental achievement in Indian chess.
In the final round, the men's team showcased their prowess as D Gukesh, Arjun Erigaisi, and R Praggnanadhaa all claimed victories. Gukesh, facing Vladimir
India made history on Sunday as both its men's and women's chess teams secured their maiden gold medals at the 45th Chess Olympiad. In a stunning display of skill and strategy, the men's team triumphed over Slovenia, while the women's team dominated Azerbaijan, marking a monumental achievement in Indian chess.
In the final round, the men's team showcased their prowess as D Gukesh, Arjun Erigaisi, and R Praggnanadhaa all claimed victories. Gukesh, facing Vladimir
US President Joe Biden recently commended Prime Minister Narendra Modi for his historic visit to Ukraine and his commitment to peace amid the ongoing conflict with Russia. During their meeting in Wilmington, North Carolina, Biden expressed strong support for India's bid for permanent membership in the UN Security Council, emphasizing the importance of India's voice in global governance.
Both leaders highlighted the progress made in the India-US pa
US President Joe Biden recently commended Prime Minister Narendra Modi for his historic visit to Ukraine and his commitment to peace amid the ongoing conflict with Russia. During their meeting in Wilmington, North Carolina, Biden expressed strong support for India's bid for permanent membership in the UN Security Council, emphasizing the importance of India's voice in global governance.
Both leaders highlighted the progress made in the India-US pa
US stocks experienced a lower opening on Friday as investors took a moment to reassess following a robust rally spurred by the Federal Reserve's significant interest rate cut earlier this week. The Dow Jones Industrial Average fell by 120 points, or 0.3%, landing at 41,906.55. Meanwhile, the tech-heavy Nasdaq Composite decreased by 0.2%, settling at 17,950.7. The S&P 500 also saw a dip, declining by as much as 0.26% to 5,698.93.
Despite the overall market downturn, nine of t
US stocks experienced a lower opening on Friday as investors took a moment to reassess following a robust rally spurred by the Federal Reserve's significant interest rate cut earlier this week. The Dow Jones Industrial Average fell by 120 points, or 0.3%, landing at 41,906.55. Meanwhile, the tech-heavy Nasdaq Composite decreased by 0.2%, settling at 17,950.7. The S&P 500 also saw a dip, declining by as much as 0.26% to 5,698.93.
Despite the overall market downturn, nine of t
The recent controversy surrounding the Tirumala laddu prasadam has ignited discussions across India, especially following the revelation by former CM Chandrababu Naidu that the popular offering contained animal fat. This serious allegation has drawn attention not only from devotees but also from political leaders at the highest levels.
Congress chief Rahul Gandhi was quick to respond, emphasizing the importance of maintaining the sanctity of religious offerings. In a tweet, he state
The recent controversy surrounding the Tirumala laddu prasadam has ignited discussions across India, especially following the revelation by former CM Chandrababu Naidu that the popular offering contained animal fat. This serious allegation has drawn attention not only from devotees but also from political leaders at the highest levels.
Congress chief Rahul Gandhi was quick to respond, emphasizing the importance of maintaining the sanctity of religious offerings. In a tweet, he state
India has long aspired to secure a permanent seat on the United Nations Security Council (UNSC), arguing that its status as an emerging superpower merits representation at the high table. Despite support from several permanent members and international coalitions advocating for UNSC reform, experts remain skeptical about India's chances in the near future.
One of the most significant hurdles is China’s steadfast opposition. As the only Asian country with a permanent seat,
India has long aspired to secure a permanent seat on the United Nations Security Council (UNSC), arguing that its status as an emerging superpower merits representation at the high table. Despite support from several permanent members and international coalitions advocating for UNSC reform, experts remain skeptical about India's chances in the near future.
One of the most significant hurdles is China’s steadfast opposition. As the only Asian country with a permanent seat,
In the thrilling first Test between India and Bangladesh, Jasprit Bumrah has continued to showcase his exceptional bowling skills, leaving Bangladesh reeling at 112/8. Following a brief but decent partnership, wicket-keeper batter Litton Das and veteran Shakib Al Hasan succumbed to the pressure, both falling to Ravindra Jadeja, who is proving to be a key player in this match.
Earlier in the innings, India had a strong showing with Ravichandran Ashwin scoring a remarkable 113 runs an
In the thrilling first Test between India and Bangladesh, Jasprit Bumrah has continued to showcase his exceptional bowling skills, leaving Bangladesh reeling at 112/8. Following a brief but decent partnership, wicket-keeper batter Litton Das and veteran Shakib Al Hasan succumbed to the pressure, both falling to Ravindra Jadeja, who is proving to be a key player in this match.
Earlier in the innings, India had a strong showing with Ravichandran Ashwin scoring a remarkable 113 runs an
The NDA alliance has made a triumphant return to power in Andhra Pradesh following a decisive victory in the 2024 elections, mirroring its success from 2014. A notable difference this time is the cohesive and organized nature of the partnership among the TDP, JSP, and BJP, which bodes well for their governance.
At a recent political conclave in Mangalagiri, intended to mark the first 100 days of the NDA government, representatives from all three parties showcased a spirit of coopera
The NDA alliance has made a triumphant return to power in Andhra Pradesh following a decisive victory in the 2024 elections, mirroring its success from 2014. A notable difference this time is the cohesive and organized nature of the partnership among the TDP, JSP, and BJP, which bodes well for their governance.
At a recent political conclave in Mangalagiri, intended to mark the first 100 days of the NDA government, representatives from all three parties showcased a spirit of coopera
HDFC Bank Ltd, India's largest private sector lender, is set to sell ₹9,062.38 crore worth of car loans, amounting to 1,08,711 loans, as part of its strategy to address its increasing credit-deposit ratio. The bank will execute this sale using a financial instrument known as 'pass-through certificates' (PTCs), which provide fixed income to holders from a pool of assets like loans. According to insiders, this transaction may represent the largest PTC sale in India to date.
HDFC Bank Ltd, India's largest private sector lender, is set to sell ₹9,062.38 crore worth of car loans, amounting to 1,08,711 loans, as part of its strategy to address its increasing credit-deposit ratio. The bank will execute this sale using a financial instrument known as 'pass-through certificates' (PTCs), which provide fixed income to holders from a pool of assets like loans. According to insiders, this transaction may represent the largest PTC sale in India to date.
In the ongoing 1st Test between India and Bangladesh, Hasan Mahmud has put on an impressive display, claiming his fourth wicket by dismissing Rishabh Pant for 39 runs. His fiery bowling has created significant trouble for the Indian batting lineup. Following Pant's exit, wicketkeeper-batter KL Rahul has joined Yashasvi Jaiswal at the crease, who is currently standing strong and has reached his half-century.
With India at four wickets down, both Rahul and Jaiswal are focused on b
In the ongoing 1st Test between India and Bangladesh, Hasan Mahmud has put on an impressive display, claiming his fourth wicket by dismissing Rishabh Pant for 39 runs. His fiery bowling has created significant trouble for the Indian batting lineup. Following Pant's exit, wicketkeeper-batter KL Rahul has joined Yashasvi Jaiswal at the crease, who is currently standing strong and has reached his half-century.
With India at four wickets down, both Rahul and Jaiswal are focused on b
Kumari Aunty, known for serving delicious home-cooked food at affordable prices on the streets of Hi-Tech City, has garnered immense popularity across the Telugu states. Her culinary skills and warm demeanor have made her a favorite among locals. However, her business faced a setback when the Cyberabad police shut it down on one occasion. Fortunately, CM Revanth Reddy stepped in, directing officials to allow her to continue serving her community.
On Wednesday, Kumari Aunty finally h
Kumari Aunty, known for serving delicious home-cooked food at affordable prices on the streets of Hi-Tech City, has garnered immense popularity across the Telugu states. Her culinary skills and warm demeanor have made her a favorite among locals. However, her business faced a setback when the Cyberabad police shut it down on one occasion. Fortunately, CM Revanth Reddy stepped in, directing officials to allow her to continue serving her community.
On Wednesday, Kumari Aunty finally h
One of Jagan Mohan Reddy's notable miscalculations during the 2024 Andhra Pradesh elections was the inconsistent distribution of MLA and MP tickets under the guise of social engineering. A particularly glaring example occurred in the Narsaraopeta parliamentary elections, where Jagan's decision to send Nellore's Anil Kumar Yadav proved disastrous.
Following Lavu Krishna Devarayulu’s exit from the YCP to join the TDP, Jagan was determined to defeat him. In a bid to a
One of Jagan Mohan Reddy's notable miscalculations during the 2024 Andhra Pradesh elections was the inconsistent distribution of MLA and MP tickets under the guise of social engineering. A particularly glaring example occurred in the Narsaraopeta parliamentary elections, where Jagan's decision to send Nellore's Anil Kumar Yadav proved disastrous.
Following Lavu Krishna Devarayulu’s exit from the YCP to join the TDP, Jagan was determined to defeat him. In a bid to a
Benchmark equity indices experienced a decline, snapping a two-day winning streak as market participants adopted a cautious approach ahead of the highly anticipated interest rate cut from the US Federal Reserve. This would mark the first rate cut since 2020, following a series of eight consecutive meetings where rates remained unchanged. The India VIX, a measure of market volatility, increased by 6.2%, closing at 13.37.
Information technology stocks significantly impacted the indice
Benchmark equity indices experienced a decline, snapping a two-day winning streak as market participants adopted a cautious approach ahead of the highly anticipated interest rate cut from the US Federal Reserve. This would mark the first rate cut since 2020, following a series of eight consecutive meetings where rates remained unchanged. The India VIX, a measure of market volatility, increased by 6.2%, closing at 13.37.
Information technology stocks significantly impacted the indice
In a remarkable medical achievement, doctors at the Government General Hospital in Kakinada, Andhra Pradesh, successfully performed an awake craniotomy on 55-year-old A. Ananthalakshmi, allowing her to watch scenes from her favorite film, Adhurs, starring Jr. NTR, during the procedure. Ananthalakshmi had been experiencing numbness in her limbs and persistent headaches, which led to the diagnosis of a 3.3 x 2.7 cm tumor on the left side of her brain.
Choosing the government
In a remarkable medical achievement, doctors at the Government General Hospital in Kakinada, Andhra Pradesh, successfully performed an awake craniotomy on 55-year-old A. Ananthalakshmi, allowing her to watch scenes from her favorite film, Adhurs, starring Jr. NTR, during the procedure. Ananthalakshmi had been experiencing numbness in her limbs and persistent headaches, which led to the diagnosis of a 3.3 x 2.7 cm tumor on the left side of her brain.
Choosing the government
E-commerce giant Amazon has appointed Samir Kumar as the new Country Manager for India, effective October 1, following the resignation of Manish Tiwary. Kumar, a 25-year veteran of Amazon, will take over operational responsibilities while continuing to lead consumer businesses in the Middle East, South Africa, and Turkey. This leadership transition comes as Amazon emphasizes the significance of the Indian market in its global strategy.
Kumar joined Amazon in 1999 and played a pivota
E-commerce giant Amazon has appointed Samir Kumar as the new Country Manager for India, effective October 1, following the resignation of Manish Tiwary. Kumar, a 25-year veteran of Amazon, will take over operational responsibilities while continuing to lead consumer businesses in the Middle East, South Africa, and Turkey. This leadership transition comes as Amazon emphasizes the significance of the Indian market in its global strategy.
Kumar joined Amazon in 1999 and played a pivota