Your Daily Financial Dose
In trying to tackle tax dodging, the tax people listen even more carefully to what workers/employees say about their House Rent Allowance (HRA). They come heavily against the wrong way…
Beginning April 1, 2024, insurance policyholders can expect two noteworthy changes that will affect them directly. The first change requires all new policyholders to transition to e-insurance policies, while the…
Mumbai’s civic administration, the BMC, is grappling with its lowest property tax revenue in eight years. According to municipal sources, this decline stems from several factors including delayed bill issuance,…
In a recent address at an event organised by the Gems and Jewellery Exports Promotion (GJEPC), Mukesh Ambani, the esteemed Chairman and Managing Director of Reliance Industries, championed the pivotal…
In a groundbreaking move that marks a significant collaboration between two of India’s most prominent industrialists, Mukesh Ambani and Gautam Adani, have entered into a strategic ‘power’ deal. This historic…
Bajaj Housing Finance Ltd., a subsidiary of Bajaj Finance Ltd., is gearing up for its maiden initial public offering (IPO), according to insider sources. While discussions are still in the…
Non-bank lender Aye Finance has secured Rs 137 crore in debt funding from German impact and portfolio management firm Invest in Visions. The funding, sourced from IIV Mikrofinanzfonds and another…
RBI Unveils Relaxed Norms for Lender Alternative Financing The Reserve Bank of India (RBI) has recently announced a significant relaxation in its regulations concerning alternative funding avenues for lenders, marking…