Mobile number portability now easier with eSIM

Mobile phone users may soon be able to change operators on a whim, thanks to embedded SIM, or eSIM cards. Telecom providers will be able to raise their game to retain users, say company executives and experts. What is an eSIM? eSIM is a digital SIM card. Its uses… Subscribers can use the eSIM to […]

IT firms likely to face volatility in banking, financial services space: Report

NEW DELHI: The banking and financial services space for IT firms is expected to be volatile in the near term, and escalation of trade wars in the past weeks combined with Brexit overhang may continue to weaken modest optimism of April 2019, says a latest report by Kotak Institutional Equities. The banking and financial services […]

ITR filing: Don’t make these mistakes to avoid getting tax notice

When Parbhod Anand sold his flat, he kept in mind the tax implications of the transaction. The buyer was asked to deduct 1% TDS and deposit it under Anand’s and his wife’s names as they were joint owners. Anand also reinvested the sale proceeds in another flat to save tax on the capital gains. So, […]

UPI transactions fall 6% in May

BENGALURU: Payments made through the Unified Payments Interface, an interbank fund transfer system, have fallen 6% month-on-month in May against April, the second consecutive decline in terms of number of transactions. As per the data shared by the National Payments Corporation of India (NPCI), UPI transactions reached 733 million in May, as against 781 million […]

Filing ITR-1 this year? You must know about these changes

If you are filing ITR-1 this year, then there are several procedural changes you must know about. Being aware of these changes will make it easier for you to file your income tax return. Here are the changes that you must know. Addition of new tab for section 80GGA This year in the online form […]

Govt probes I-T and GST mismatch in crackdown against evaders

NEW DELHI: Back in office, the Modi government is set to take up the next stage of action against tax evasion and money laundering with data analysis helping detect thousands of overstated goods and services tax (GST) claims that don’t match up with income tax returns. Action against these entities, which might be the first […]

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