New TDS Rule Under Section 194T: Challenges & Implications; Explained
The Finance Act 2024’s Section 194T mandates 10% TDS on payments over Rs 20,000 to partners, raising concerns for small firms and cash flow impacts. Source
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Rupee declines 10 paise to settle at 85
Rupee falls against dollar due to strong American currency and rising oil prices, but supported by domestic equity market. Source
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Axis Bank’s credit card new rules: Changes from June to
The changes cover how reward points are calculated, modifications in merchant categorisation, new offers, and updated rules on the validity of unredeemed reward points. Source
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Indian economy’s size more than half of US in PPP
India Business News: NITI Aayog Vice-Chairman Suman Bery stated that India’s economy is $15 trillion in PPP terms, over half the size of the US economy. He emphasized impr Source
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Visa card users can now access new payment benefits at
Visa cards need to be added to supported digital wallets such as Google Pay, Samsung Wallet, CRED, HDFC PayZapp, SBI Card app, or ICICI iMobile. Source
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‘Swift Response’: India Hits 8 Military Sites Across Border After
India struck eight military sites in Pakistan in retaliation to Pakistan’s drone and missile strikes on Indian targets, says MEA. Source
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CAG report tabled in Assembly flags lapses in Delhi’s pollution
The report said the city’s Continuous Ambient Air Quality Monitoring Stations (CAAQMS) do not meet the requirements set by the Central Pollution Control Board (CPCB), leading to concerns about inaccuracies in pollution control measures. Source
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PM Modi to inaugurate Vizhinjam port: significance of India’s first
PM Modi in Thiruvananthapuram | PM Narendra Modi to inaugurate Vizhinjam port: Unlike most Indian ports, Vizhinjam experiences minimal sand movement along the coast (littoral drift), which reduces maintenance costs. Source
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Gold has given over 35% returns since last Akshaya Tritiya:
Gold has rewarded those who invested last Akshaya Tritiya with substantial gains. But with prices at record highs and volatility lurking, experts recommend a measured approach—whether you’re looking to sell or buy. Source
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After 1:2 Split & Dividend, SmallCap Defence Stock Now Announces
Paras Defence partners with HevenDrones Israel for next-gen drone systems for India’s defense. Shares at Rs 1369.15, up 50% in one month. Source
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