Banking & Finance

Delhi High Court’s Rule on Reopening Tax Cases Under ₹50 Lakh: What You Need to Know

In a significant ruling, the Delhi High Court has provided clarity on the limitation period for reopening income tax assessments. According to the bench of Justice Rajiv Shakdher and Justice Girish Kathpalia, the extended 10-year period for reopening assessments applies only when the alleged concealed income exceeds ₹50 lakh. The court emphasized that in “normal…

Read article
Fact Check | India’s Economy Surpasses $4 Trillion Mark, Unverified Reports Spark Celebration

In a surprising turn of events, speculation has arisen that India’s economy has breached the $4 trillion mark, eliciting widespread celebration from prominent figures such as billionaire Gautam Adani, Union Ministers, and Maharashtra Deputy Chief Minister Devendra Fadnavis. However, it’s essential to note that no official confirmation has been provided by the finance ministry or…

Read article
Perfios: Your Ultimate Financial Management Solution

Perfios, short for “Personal Finance One Stop,” is a financial technology (FinTech) company that provides a range of financial software solutions and services. Founded in India, Perfios offers innovative tools and platforms designed to help individuals, businesses, and financial institutions manage their financial data, analyze their financial health, and make informed financial decisions. Key offerings…

Read article