Managing cash transactions in your savings account comes with specific limits and regulations as outlined by the Indian Income Tax Act. These rules are designed to monitor large cash flows, prevent tax evasion, and curb illicit financial activities. Here’s what you need to know for 2024:
Year: 2024
In response to Supreme Court directives, the Commission for Air Quality Management (CAQM) has allowed schools and colleges in Delhi-NCR to adopt a hybrid teaching model, combining physical and online classes wherever feasible. This decision comes as part of eased restrictions under Stages 3 and
In a decisive political development, Maharashtra Chief Minister Eknath Shinde has solidified his position as the rightful heir to Bal Thackeray’s legacy, following a resounding victory in the Maharashtra Assembly elections held on November 23, 2024. The election results not only answered the
Elon Musk has officially become the wealthiest individual in history, with a staggering net worth of $347.8 billion, as reported by CNN. This record-breaking achievement follows a remarkable 40% surge in Tesla’s stock since Election Day, including a 3.8% jump on Friday alone, which brought the
The government has introduced new telecom cybersecurity rules aimed at safeguarding India’s communication networks and services. These regulations outline specific obligations for telecom entities, including timelines for reporting security incidents, implementing cybersecurity measures,
In a significant development, a U.S. court has reportedly issued an arrest warrant for Gautam Adani, the billionaire founder and chairman of the Adani Group, following allegations of a multi-billion-dollar fraud and bribery scheme. According to ABC News, the arrest warrant will be forwarded to
Renowned bassist Mohini Dey, celebrated for her association with Oscar-winning composer A R Rahman, has announced her separation from husband Mark Hartsuch. The announcement came just hours after A R Rahman and his wife, Saira Banu, shared their decision to part ways, sending ripples through
As voting for the Maharashtra assembly elections concluded on 288 seats, exit polls suggest that the ruling Mahayuti alliance is poised to retain power, while the Opposition Maha Vikas Aghadi (MVA) put up a strong fight but is expected to fall short of a majority. Key Highlights: Voter Turnout:
As Delhi’s air quality index (AQI) hit a hazardous level of 526 on November 20, the state government has taken urgent measures to mitigate the impact. In a General Administrative Department order, the Delhi government directed all government and Municipal Corporation of Delhi (MCD) offices to
The 43rd India International Trade Fair (IITF) is currently underway at the Bharat Mandapam Complex in New Delhi, offering a vibrant showcase of India’s diverse culture, innovation, and entrepreneurial spirit. Open until November 27, this annual event serves as a significant platform for small
