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Lok Sabha passes Finance Bill; tax benefits for debt mutual funds removed

In a relief to taxpayers opting for deductions and exemption-free new tax regime, individuals earning marginally higher income than no-tax ceiling of Rs 7 lakh will continue to pay nil tax. NEW DELHI: The Lok Sabha on Friday approved The Finance Bill 2023 with 64 official amendments including providing tax relief to some taxpayers opting for new tax regime, and removing long-term tax benefit for debt mutual funds to bring them at par with other interest earning instruments. Under the new tax reg...
Himachal Pradesh New Delhi Rajya Sabha Saurabh Agarwal Lok Sabha Aalok Agrawal

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Utkarsh Small Finance Bank Limited expands its presence

Varanasi (Uttar Pradesh) [India], September 22 (ANI/PNN): Utkarsh Small Finance Bank Limited (USFBL), today on its 13th Foundation Day announced the inauguration of 22 branch outlets in the country. Govind Singh, MD and CEO, Utkarsh Small Finance Bank Limited, via video conferencing inaugurated 22 banking outlets across various States and Union Territory, namely Uttar Pradesh, Bihar, Jharkhand, Odisha Karnataka, Gujarat, Haryana, Punjab, Rajasthan Maharashtra and Puducherry. With this, the Bank ...
Uttar Pradesh Odisha Karnataka Govind Singh Liability Group Utkarsh Small Finance Bank Union Territory

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