Finance

Attention to details is paramount while filing your Income Tax returns. And though the deadline has been extended several times lately, that isn’t the only change you need to be mindful of. A new Form 26AS has been introduced by the Income Tax Department which will seek far more details from you than the earlier form. Archit Gupta, Founder and CEO, ClearTax says, “The date of applicability (of the form) is June 1, 2020. However, taxpayers are successfully filing their ITRs based on the existing Form 26AS, which is available for download, while the new form is underway.” The…

Agri-commodity bourse NCDEX on Tuesday said it has increased the maximum compensation limit from its investor protection fund to Rs 5 lakh from Rs 2.5 lakh earlier with effect from February this year. The objective of the protection fund, which is administered by way of registered Trust, is to compensate investors in the event of defaulter’s assets not being sufficient to meet the admitted claims of investors, promoting investor education, awareness and research, it said. According to the NCDEX, earlier the maximum compensation limit payable from the fund was fixed at…

July 9, 2020 6 min readOpinions expressed by Entrepreneur contributors are their own. In the latest of a series of moves by brands to update their images and messaging with regard to racism and other social ills, Unilever has announced that it’s dropping its “Fair & Lovely” skin lightening product name. This follows PepsiCo and Quaker’s announcement that it would drop the Aunt Jemima image and rebrand the product line. These changes and others like them, whereby brands have stepped up in the aftermath of George Floyd’s death to either take a stand against racism or bring their own…

The second tranche of the Bharat Bond ETF (exchange-traded fund) from Edelweiss Mutual Fund, which raised Rs 12,400 crore through its first issue in 2019, will be available for subscription from July 14 to 17. Radhika Gupta, chief executive officer (CEO), Edelweiss Mutual Fund says: “This series will see two more new ETFs maturing in 2025 and 2031 — namely Bharat Bond ETF April 2025 and Bharat Bond ETF 2031. The product contours remain the same as the first Bharat Bond ETF series. We see healthy demand from investors for these ETFs in the current environment…

Two of the six Franklin Templeton schemes being wound-up have received a pre-payment of Rs 420 crore from the Nuvoco Vistas Corporation, the cement division of Nirma group. The two securities were held in Franklin India Ultra Short Bond Fund and Franklin India Dynamic Accrual Fund. The two debt papers were to mature in September 2020 and September 2021, respectively. However, the bond issuer pre-paid the securities in June. The updates were disclosed in a letter to investors by FT MF. Addressing concerns over falling net asset values (NAVs) in…

Don’t believe the stories you’ve read about how Gen Zers don’t use email.Free Book Preview No BS Guide to Direct Response Social Media Marketing The ultimate guide to – producing measurable, monetizable results with social media marketing. July 9, 2020 4 min readOpinions expressed by Entrepreneur contributors are their own. Generation Z, the cohort of people born after Millennials, was supposedly the kryptonite of every digital marketer. Gen Zers don’t check their email, they have short attention spans, and have grown up in an “always-on” tech environment.  These kinds of pronouncements are always popular in the marketing world…

Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the Covid-19 crisis. While new pandemic-proof policies might not be cheap, they offer businesses from restaurants to film production companies to e-commerce retailers ways of insuring against disruptions and losses if another virus strikes. The providers include big insurers and brokers adding new products to existing coverage, as well as niche players that see an opportunity in filling the void left by mainstream firms that categorise…

Barley prices in Jaipur are trading at Rs 1,416 per quintal. Mustard seed is trading at Rs 4,900 per quintal…