Day: January 7, 2020

EPFO may cut interest rates in Jan; salaried employees to earn lower returns

The Employees’ Provident Fund Oragnisation (EPFO) might reduce its interest rate leading to lower returns for millions of salaried people. The EPFO might reduce the interest rate to its subscribers by 15-25 basis points for this financial year….

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Large taxpayers yet to take benefits of Sabka Vishwas amnesty scheme

As many as 87.5 per cent of the eligible taxpayers have taken advantage of Sabka Vishwas, a dispute resolution-cum-amnesty scheme, which has been extended till January 15. However, the large taxpayers who are almost 12.5 per cent of…

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CBDT extends till January 31 deadline for compounding of income tax offences

New Delhi: The CBDT has extended till January 31 the last date for taxpayers to avail a “one-time” facility to apply for compounding of income tax offences, an order issued on Friday said. The earlier deadline was December 31,…

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Bharat bandh likely to affect banking, ATM services on 8 January; online services may function normally

Banking and ATM services across the country are expected to be affected on 8 January following the country-wide strike call given by 10 central trade unions last week. Several bank unions will take part in the general strike…

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