The Income Tax Department found fake claims worth Rs 700 crore in ITRs, causing delays in refund processing. Most false claims were under the old tax regime using fake donations and medical expenses.
Category: finance
Nissan Motor unveiled an experimental vehicle equipped with autonomous driving technology powered by generative AI, showcasing a system that allows hands-free driving even on ordinary roads.
The post Tim Draper Projects Bitcoin and Blockchain to Lead Next Era of Global Finance appeared com. Bitcoin is barreling toward global financial dominance as blockchain becomes vital to national defense, with Tim Draper warning governments to act fast or fall behind. Tim Draper: Bitcoin and Blockchain Will Define Future of Money and National Stability The convergence of cryptocurrency, national security, and law enforcement has emerged as a pressing topic as governments [.] Source:.
The Indian government is mulling an increase in the interest subvention cap beyond the current limit of 26 crore per urban local body (ULB).
Fostering financial literacy at an early age, with age-appropriate information, is key to building the next generation of financially responsible citizens.
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Over 1.2 crore central employees and pensioners may get a 3 percent DA hike before Diwali, along with arrears, which could bring a big boost in salary right before the festive season.