Free notes, textbooks, and exam-focused resources designed for Indian banking professionals.
The Reserve Bank of India (RBI) today (on Thursday) came out with a ‘5-Core Actions’ approach for promoting financial education, which among other things include development of relevant content for…
Updated: As amended in finance act 2020 As per section 10(14) of Income-tax, children education allowance and Hostel Expenditure Allowance are eligible for deduction available to individuals employed in India.…
In terms of section 10(13A) & Rule 2A of the amended finance act 2020, a salaried person can claim the exemption in respect of House Rent Allowance received from his/her…
Many salaried individuals are working from home during coronavirus pandemic. Besides your traveling time savings, it has been a respite to many office goers who have been roughcast with problems…
Updated on 13.10.2022 Net Demand and Time Liability (NDTL) is basically the sum of demand and time liabilities including ODTL of scheduled commercial banks. NDTL is used by banks for…
The ‘Transparent Taxation’ platform, launched by Prime Minister Narendra Modi on Thursday, proposes multiple reforms to improve tax compliance, faceless assessment and ease of filing returns while widening the income…
SEBI Complaints Redress System (SCORES) is an online platform where SEBI takes up complaints related to issue and transfer of securities and non-payment. When a response from a listed company/…
Foreign contributions are a major source of financial support for NGO activities in India. Foreign funds are flowing in through private foundations, foreign governmental agencies, and individuals for charitable causes…
On Thursday (6th August), on the eve of the Statement on Developmental and Regulatory Measures, RBI Governor Mr.Shaktikant Das announced “To enhance safety of cheque payments, it has been decided…
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