₹9,330 crore lies unclaimed in inoperative EPF accounts: Here's how to check and claim your money
The sizeable amount locked in such accounts indicates that many workers have either not withdrawn or transferred their EPF balances.
The sizeable amount locked in such accounts indicates that many workers have either not withdrawn or transferred their EPF balances.
The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had been steadily building up positions in figured among key gainers of the day. State Bank of India shares hit a new peak of Rs 2,879.95, before closing at Rs 2,849.40,…
Berkshire Hathaway Inc. spent about $4.5 billion to buy back its own shares in the second quarter and purchased nearly $20 billion of equities in the period, signs that Chief Executive Officer Greg Abel is putting more of the firm’s cash pile to work. Berkshire started buying back its own shares in the first quarter…
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the Income Tax Department cannot make additions for alleged undisclosed income merely on the basis of a loose sheet recovered during a search on another person unless it has independent evidence proving that the transaction actually took place. The ruling came in…
Kalyan Jewellers shares slipped 3% to Rs 575 on the BSE on Wednesday after the company’s June-quarter earnings showed margin pressure, overshadowing a 32% year-on-year (YoY) increase in consolidated net profit to Rs 348.7 crore. The company’s revenue from operations rose 45.7% YoY to Rs 10,588.9 crore from Rs 7,268.5 crore, according to the unaudited…
The Income Tax Department has enabled a new Foreign Assets Information (FAI) feature on the e-Filing portal, allowing eligible taxpayers to view information about their overseas financial accounts and assets received by India under international information-sharing arrangements. The move is aimed at improving voluntary compliance and helping taxpayers verify foreign asset details before filing returns…
The July 31 deadline for filing income tax returns (ITRs) for Assessment Year (AY) 2026-27 has passed. However, that does not mean every taxpayer has missed the filing window. From AY 2026-27 onwards, the Finance Act, 2026 has introduced a revised return filing calendar under Section 139 of the Income-tax Act. Instead of a single…