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Investor connect: NSE takes financial literacy drive to Kolkata Book Fair; sets up 14-day awareness pavilion

The National Stock Exchange (NSE) has set up an investor awareness pavilion at the 49th International Kolkata Book Fair, stepping up its outreach efforts to promote financial literacy and informed investing among the public.The pavilion, which opened on January 22, will remain operational for 14 days at Boimela Prangan in Bidhannagar, NSE said in a…

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Navigating the New Tax Landscape: Choosing Between Old and New Tax Regimes for Maximum Savings | Financial Literacy News

With the new tax regime now the default option, many taxpayers are discovering that the choice between the old and new regimes is no longer a routine filing decision but one that can significantly impact their tax outgo.Even as the government nudges taxpayers towards a simpler, exemption-light system, many taxpayers continue to opt for the…

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Delayed Income Tax Refunds for FY 2024-25: Key Reasons Explained | Financial Literacy News

NEW DELHI: Income-tax refunds are facing unusual delays this assessment year, with tax professionals flagging longer processing times even for routine filings. CBDT data shows personal income-tax refunds have fallen to Rs 88,548 crore by early November, compared to Rs 1.42 lakh crore a year earlier. Total refund outgo up to November 10 stands at…

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Delayed Income Tax Refunds for FY 2024-25: Key Reasons Explained | Financial Literacy News

NEW DELHI: Income tax refunds are experiencing significant delays this assessment year, with tax professionals reporting extended processing times even for routine cases. Official CBDT data shows personal income-tax refunds have dropped to Rs 88,548 crore by early November compared to Rs 1.42 lakh crore in the same period last year. According to official data…

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A Rs 22 crore tax notice built on AI-generated “court rulings”? What the Bombay High Court just ruled | Financial Literacy News

The case involved an increase in the taxpayer’s income from Rs 3.09 crore to Rs 27.91 crore by the Assessing Officer. (AI image) Imagine getting a tax notice from the Income Tax Department – the tax demand on which is partly a result of purported rulings that AI suggested to tax officials! The use of…

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Life Certificate 2025: Step-by-step guide to generate and submit Jeevan Pramaan online and offline | Financial Literacy News

Every year, lakhs of pensioners across India must prove that they are still alive to continue receiving their pension. This verification, known as the Life Certificate or Digital Life Certificate (DLC), is a crucial step in ensuring that pension payments are made only to eligible recipients.Traditionally, this process involved visiting the bank or pension office…

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