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Taxpayers can now breathe easy as the ITAT rules that mistakes in income tax returns won't affect refund interest. The Income-tax Appellate Tribunal has rejected the tax department's efforts to withhold statutory interest, ensuring that individuals receive their rightful refunds. This decision marks a significant win for taxpayers, reinforcing their rights in the face of administrative errors.
Discover the top 10 mutual funds by AUM and their performance against benchmarks. This analysis covers 1-, 3-, and 5-year CAGR returns, helping investors make informed decisions. Learn which schemes are outperforming and how they stack up over time.
Bank of Baroda has entered the pension fund sector, aiming to attract new NPS subscribers. The PFRDA is targeting 4 crore new subscribers in the next few years, highlighting a significant growth opportunity in India's pension landscape. This strategic move by Bank of Baroda aligns with the increasing demand for retirement planning solutions.
Discover if now is the right time to invest in Nifty 50 Equal Weight Index Funds. With all funds showing losses over the past year, this analysis provides crucial insights for investors. Learn how a simple 12-month ratio can guide your investment strategy and help you navigate the current market phase effectively.