Thu, Feb 29, 2024 3:00 PM
FD: Your last window to book tax-saving FD at higher interest rate
A Flip by Shubhangi Gupta
Income tax department has released new rules for granting condonation of delay requests in filing specified forms. These forms are used to apply for lower rate of income tax by various taxpayers. The Ministry of Finance has issued a circular condoning delays in filing tax forms 9A, 10, 10B, & 10BB for trusts and educational institutions, as well as forms 10-IC and 10-ID for domestic companies.
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A second production-linked incentive scheme (PLI) for the drone ecosystem in the country may take some more time as consultations with stakeholders have led to a rethink around monetary allocations in a bid to make the gains more broad-based. MoCA plans to prepare a new cabinet note on the PLI scheme for drones by February 2025, following which. it will be sent for approval.
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QCP traders predict Bitcoin will surge to $100,000, a 10% increase from its current record, in the coming months, driven by anticipated U.S. regulatory changes and institutional adoption, which could trigger an "alt season" where altcoins benefit from the gains, despite concerns about overvaluation and potential market corrections.
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