The Court held that a reassessment notice issued to an entity that had ceased to exist after conversion into an LLP was invalid. The ruling confirms that tax proceedings cannot continue against ...

FD interest rates: Before investing your money in a fixed deposit account, it is recommended to compare the interest rates offered by different banks and choose the one that offers the highest ...

Stablecoins, tokenized versions of fiat currencies that move on blockchain rails, will eventually force banks and other financial institutions to offer customers yields on their deposits to remain ...

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JPMorgan Chase faces headwinds from declining net interest income due to lower rates and increased external borrowing, making common shares less attractive now. Loan and deposit growth remain modest, ...

Wells Fargo's preferred shares now offer a 6.4% yield, making the risk/reward ratio even more attractive amid higher interest rates. The bank only needs about 6% of net profit to cover preferred ...

A fierce public debate has erupted over the proposed introduction of a 10 percent withholding tax on fixed deposit (FD) interest. While the furore is understandable, given that taxation is never ...

The government has proposed to levy a 10 percent tax on the interest earned through fixed deposits and dividend in the Income Tax Bill 2025, which would be deliberated on June 18 and adopted on June ...

The Department of Posts (DOP) has announced the introduction of a facility to download interest certificates from DOP internet banking. If you are a Department of Posts (DOP) savings accountholder ...

MUMBAI, April 19 (Reuters) - HDFC Bank (HDBK.NS), opens new tab, India's largest private lender, aims to bring its loan-to-deposit ratio (LDR) back down to its pre-merger levels of 85%-90% in 2026-27, ...

Bondex, a Web3-based professional networking platform, has surpassed 5 million downloads across iOS and Android since its official app launch in mid-2023, the company announced on Wednesday. Launched ...