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Government sources have clarified recent misunderstandings regarding the Small Savings Circular, following misleading information on social media platforms like Twitter, CNBC-TV18 reports.
EPS pensioners will be able to get their pensions from any bank, branch, or location in India from January 1, 2025.
Hunter Biden, son of U.S. President Joe Biden, pleaded guilty to federal tax charges on Thursday, a surprise move that avoids a potentially embarrassing trial weeks before the U.S. presidential election.
Two important export promotion measures–the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme and the Interest Equalisation Scheme (IES)–are likely to be extended to help exporters retain their competitiveness in a choppy global market, sources said.
A special Central Bureau of Investigation court in Ahmedabad on Tuesday sentenced a service tax officer to five years’ rigorous imprisonment in connection with a corruption case.
The Directorate General of Foreign Trade (DGFT) has announced enhancements to the Export Promotion Capital Goods (EPCG) Scheme aimed at simplifying processes, reducing transaction costs, and promoting automation to benefit exporters.
Every month, a portion of your salary is set aside in a provident fund. The goal is to receive lump sum payments with interest at the time of retirement. But imagine losing that money to a fraudster who illegally withdraws from your account. It’s a terrifying thought, isn’t it?
The government has changed the Employees’ Pension Scheme (EPS) of 1995 to enable members with fewer than six months of employment to receive a withdrawal benefit.
EPFO has stopped deductions under the GIS for government employees who joined work after September 1, 2013.
In a bid to boost India’s e-commerce exports, the Directorate General of Foreign Trade (DGFT) is working with the Department of Revenue to establish designated e-commerce hubs across the country to streamline the process for online export shipments.