ITAT Pune held that interest income earned by cooperative society on deposits made out of surplus funds with cooperative banks qualifies for deduction under the provisions of section 80P(2)(a)(i).

According to RBI guidelines, banks can charge up to 0.5% to 1.0% of the interest rate as a penalty if FDs are broken before ...

The judge warned that any breach of this fresh directive would necessitate the personal appearance of HYDRAA commissioner A.V ...

To conceal the alleged fraud, Maccarthy was said to have forged a fixed deposit investment certificate bearing slip number ...

The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, on Thursday arraigned Abiodun Maccarthy ...

PB Fintech's consolidated profit surged nearly fivefold to Rs 85 crore in the June quarter, fueled by robust growth in health ...

Fixed and call deposit interest returns earned by the Reit declined from 16.5 percent in June 2024 to 11.2 percent in the same period this year.

The bank has told its customers an easy way to earn some extra money on the side, and the good news is that it's available to ...

FDs stay popular as market slips after Trump's India tariff move; here's where banks and NBFCs are offering up to 8.95% ...

You can stop banks from deducting TDS on your fixed deposit interest—if your total income is below the taxable limit. Banks usually deduct 10% tax (TDS) if your FD interest is more than Rs 40,000 in a ...

If you are wondering where to invest your money safely in 2025, small savings plans remain the sure bet. The government has ...

For those looking to stash away money for at least a year, KCB M-Pesa Fixed Savings Account provides a secure way to save ...