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Bharti Airtel's rights issue: The shares were issued at a price of Rs 535 per share, including face value of Rs 5 per share and a premium of Rs 530 per share...
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Wipro will likewise assist the mainframe migration and transition to handled services, including the implementation of a hybrid cloud service for National Grid ...
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Rupee Vs Dollar Rate Today: At the interbank forex market, the domestic unit opened at 74.86 versus the dollar, and swung in the variety of 74.69 to 74.89 ...
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Equity indices gave up all early gains and plunged into red on Friday in the middle of continuous selling pressure in late deals. The benchmark BSE Sensex broke 205 points or 0.34 percent to 60,718 in late... Major laggards in the BSE pack included ITC, Tata Steel, Asian Paints, Infosys and Tech Mahindra.New Delhi: Equity indices gave up all early gains and plunged into red on Friday in the middle of constant selling pressure in late offers. The benchmark BSE Sensex split 205 points or 0.34 per cent to 60,718 in late trading; while the broader NSE Nifty moved 95 points or 0.52 percent lower to 18,083. Major laggards in the BSE pack consisted of ITC, Tata Steel, Asian Paints, Infosys, NTPC and Tech Mahindra with their shares down as much as 3.49 percent. On the other hand, Bajaj Automobile, HDFC twins (HDFC and HDFC Bank), Kotak Mahindra Bank and Axis Bank surged as much as 2.28 per cent.TVS Motor Co also acquired as much as 7.10 percent as it posted a rise in quarterly revenue on Thursday.On the NSE platform, sub-indices Nifty Metal and IT tanked as much as 3.47 per cent in late deals today; while Nifty Real estate exceeded the index by rising as much as 1.37 percent. Domestic headwinds like high evaluations have ended up being unsustainable and rising commodity inflation will affect the margins of firms, V K Vijayakumar, Chief Investment Strategist at Geojit Financial Providers has informed news company PTI.Meanwhile, foreign institutional investors (FIIs) were net sellers in the capital market, as they unloaded shares worth Rs 2,818.90 crore on Thursday, according to exchange data.He has also specified that, Continual selling by organizations-- both DIIs (Domestic Institutional Financiers) and FIIs-- indicates that smart cash relates to the market as overheated and misestimated. Financiers today await incomes results from the likes of PVR and Yes Bank, as well as from index heavyweight Reliance Industries (RIL). RIL shares are currently trading 0.29 percent greater at 2,630.15 on the BSE index.
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Bank Of Maharashtra Q2 Results: The bank's net earnings doubled in the 2nd quarter of the present fiscal, primarily driven by net interest earnings and better overall business ... Shares of Bank of Maharashtra settled 4.77 percent higher at Rs 21.95 apiece on the BSE.Bank of Maharashtra revealed its July-September quarter results for the fiscal year 2021-22 on Thursday, reporting a net revenue of Rs 264 crore on a consolidated basis, compared to Rs 130.44 crore in the matching duration in 2015, marking a development of 103 per cent year-on-year. The bank's net earnings doubled in the second quarter of the existing fiscal, mainly driven by net interest earnings and better general company. The state-run lender's net interest income (NII) -the difference in between interest made and interest used up, grew by 33.84 per cent to Rs 1,500 crore in the September quarter, compared to Rs 1,120 crore in the year-ago duration. Net interest income was up 6.66 per cent on a quarter-on-quarter basis.The bank's total earnings during the July-September quarter rose to Rs 3,700.44 crore, compared to Rs 3,270.07 crore in the corresponding duration in 2015, according to a regulative filing by Bank of Maharashtra to the stock market today. The asset quality enhanced as the gross non-performing assets (NPAs) fell to 5.56 percent of the gross advances as of the September quarter, compared to 8.81 percent in the year-ago duration. The net NPAs or bad loans also declined to 1.73 per cent from 3.30 per cent.The bank's net earnings - net interest earnings plus other earnings for the September quarter improved 30.88 percent to Rs 1,992 crore, compared to Rs 1,522 crore in the year-ago period.On Thursday, October 21, shares of Bank of Maharashtra settled 4.77 per cent greater at Rs 21.95 apiece on the BSE. Bank of Maharashtra opened on the BSE at Rs 21.10, swinging to an intra day high of Rs 22.80 and an intra day low of Rs 21.05, throughout the trading session today. The bank's rallied around 5 percent during the session ahead of the announcement of quarterly results.
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PM GatiShakti NMP will be monitored in a three-tier system, led by an empowered group of secretaries, headed by Cabinet Secretary...
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Gold futures got on Friday, October 22, taking hints from the international area rates. On the Multi Commodity Exchange (MCX), gold futures due for a December 3 delivery, were last seen up 0.58 per... Domestic spot gold with purity of 24 carats opened at Rs 47,641 per 10 grams on Friday.Gold Cost In India: Gold futures got on Friday, October 22, taking hints from the worldwide area costs. On the Multi Commodity Exchange (MCX), gold futures due for a December 3 shipment, were last seen up 0.58 percent - at Rs 47,678, compared to the previous close of Rs 47,404. Silver futures due for a December 3 shipment were last seen up 0.83 percent at Rs 65,552 versus the previous close of Rs 65,013. Domestic spot gold with pureness of 24 carats opened at Rs 47,641 per 10 grams on Friday, and silver at Rs 64,891 per kg - both rates leaving out GST (items and services tax), according to Mumbai-based market body India Bullion and Jewellers Association (IBJA). Forex Rates: On the global front, gold inched higher and was poised for a 2nd weekly gain, as a softer dollar provided some break against greater U.S. bond yields. Area gold increased 0.1 per cent to $1,785.00 per ounce. U.S. gold futures edged 0.2 percent higher to $1,786.00. The United States dollar index was last at 93.733, a little bit changed, as it continues its fall from a 12-month high of 94.565 hit in earlier this month.Analyst View: Ravi Singh, Vice President and Head of Research Study, ShareIndia: Gold MCX sold a range bound zone the other day keeping the pressure from a more powerful dollar and higher United States treasury yields. Traders are closely keeping an eye on the remarks from United States Federal Reserve authorities for clarity on the timeline of bond tapering. Recently, two Fed officials stated that the United States central bank ought to begin unwinding its stimulus measures, however it is prematurely to hike rate of interest. We expect higher volatility in Gold due to increased demand throughout festive season.He suggested, Buy Zone - Rs 47,300 for the target of Rs 47,599; Sell Zone listed below - Rs 47,100 for the target of Rs 46,900.
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SEBI has actually disallowed investment advisers from recommending on uncontrolled instruments like cryptocurrencies and digital gold ...
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The wider markets also ended in the red, albeit off the lows of the day; the BSE midcap index shed 0.2 per cent and smallcap index ended lower by 0.6 percent ...
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Reliance Industries Shares: Reliance Industries had reported net profit of Rs 12,273 crore in the June 2021 quarter, a decline of 7.25 per cent from the same quarter last year...
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Mumbai-based Rebel Foods, which provides several cloud kitchen brands across nations including India and the United Arab Emirates, raised $175 million this month at a $1.4 billion valuation ...
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The Union Cabinet on Thursday authorized an additional release of Dearness Allowance (DA) instalment to the Main government employees and Dearness Relief (DR) to the pensioners ... The decision will work from July 1, 2021. New Delhi: The Union Cabinet on Thursday authorized an extra release of Dearness Allowance (DA) instalment to the Main government employees and Dearness Relief (DR) to the pensioners. The choice will be effective from July 1, 2021. The DA and DR hike statement will benefit around 47.14 lakh Central civil servant and 68.62 lakh pensioners respectively.Impact on the exchequer on account of both DA and DR would be around Rs 9,488.70 crore per annum.Earlier in September, the Department of Expenditure, under the Ministry of Financing, had actually issued a memorandum specifying the retired central government employees will receive money payment and gratuity.Prior to this, the Centre had authorized a boost in DA and Dearness Relief (DR) offered to central government employees and pensioners from 17 percent to 28 per cent.In view of the Covid-19 pandemic, the federal government had frozen additional instalments of the DA and DR.The Centre's DA walking, reliable from July 1, had actually implied that the workers won't get any arrears on non-revision of DA for the previous period.
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Another day, another major snafu in cryptocurrency trading. The price of Bitcoin rapidly plunged about 87% on Binance's U.S. exchange Thursday early morning ... Bitcoin plunged to as low as $8,200 on Binances U.S. exchange from around $65,000. New Delhi: Another day, another significant snafu in cryptocurrency trading.The rate of Bitcoin rapidly plunged about 87% on Binance's U.S. exchange Thursday early morning, sinking to as low as $8,200 from around $65,000. The rate did nothing like that on other locations, and on Binance the level nearly right away snapped back to where it had been. One of our institutional traders showed to us that they had a bug in their trading algorithm, which appears to have actually triggered the sell-off, Binance.US said in an emailed declaration. We are continuing to look into the event, but understand from the trader that they have actually now fixed their bug which the problem appears to have been resolved. The plunge occurred at 7:34 a.m. New York time, according to the Binance.US website. Volume on the exchange because minute was 592.8 Bitcoin, which deserve just shy of $40 million at current prevailing prices.Mistakes like this occur throughout financing when, for instance, traders mess up information of their designated trades, getting in the incorrect rate or order size. An incorrectly big trade, as one example, can overwhelm an exchange's order book, causing a fast and huge decline. The entire U.S. stock exchange notoriously flash crashed back in May 2010, though equities have mainly avoided difficulty because that era.This is the current in a string of current high-profile trading problems in crypto. Synthetify, a new decentralized exchange, was required to shut down for a while earlier this month quickly after its debut because of bad information supplied by the Pyth Network, a cost feed backed by some of the world's most popular trading and exchange companies. Pyth malfunctioned another time in September, mistakenly making it appear that Bitcoin had actually crashed 90%.
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Government is intending to maintain strategic reserves of natural gas and imported coal to supplement future demand ...
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Gold futures fell on Thursday, October 21, taking cues from the global area rates which traded meticulously ... Domestic spot gold with purity of 24 carats opened at Rs 47,586 per 10 grams on Thursday.Gold Cost In India: Gold futures fell on Thursday, October 21, taking cues from the worldwide area costs which traded cautiously. On the Multi Product Exchange (MCX), gold futures due for a December 3 shipment, were last seen down 0.22 percent - at Rs 47,390, compared to the previous close of Rs 47,499. Silver futures due for a December 3 shipment were last seen down 0.82 percent at Rs 65,067 against the previous close of Ra 65,607. Domestic spot gold with purity of 24 carats opened at Rs 47,586 per 10 grams on Thursday, and silver at Rs 65,444 per kilogram - both rates omitting GST (goods and services tax), according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA). Foreign Exchange Rates: On the international front, gold prices traded cautiously however handled to hold gains. Spot gold partially increased 0.2 per cent to $1,784.96 per ounce. U.S. gold futures were bit altered at $1,784.60. The US dollar's index was likewise a bit changed at 93.612. What Experts State: Ravi Singh, Vice President and Head of Research, ShareIndia: Gold MCX looks stronger day by day on charts. As the Indian joyful season and the marriage season has begun, we might see stable buying in gold and silver. US Federal Reserve Guv Christopher Waller stated that if inflation keeps rising at its present rate in the next few months, Fed policymakers might require to embrace a more aggressive policy action next year. We recommend traders to produce the fresh long positions in gold and silver on dips. He recommended, Buy Zone - Rs 47,400 for the target of Rs 47,650; Sell Zone below - Rs 47,200 for the target of Rs 47,000. Amit khare, AVP - Research Commodities, Ganganagar Product Ltd: Yesterday, we saw some safe house buying in bullions at lower levels specifically in silver. Total technical charts of gold and silver are strong. Momentum indicator RSI also mentioning the same. So, traders are recommended to make fresh long positions in gold and silver in little dips near provided assistance levels. Traders ought to focus important technical levels offered listed below for the day: December Gold closing price: Rs 47,499, Support 1 - Rs 47,300, Support 2 - Rs 47,000, Resistance 1 - Rs 47,675, Resistance 2 - Rs 47,900; December Silver closing price: Rs 65,607, Support 1 - Rs 65,200, Support 2 - Rs 64,800, Resistance 1 - Rs 66,000, Resistance 2 - Rs 66,600. Manoj Dalmia, Founder and Director, Competent Equities Ltd: December agreement of gold made a brand-new low at Rs 45,770 previous month, but since then it has embarked upon a short-term uptrend. Gold bears are looking exhausted recently and there is higher probability that the primary sag will reverse soon. Momentum indication like RSI is poised neutrally and there is an overhung resistance of 100 day average at Rs 47,600 levels. Once it effectively handles to close above this supply zone, we anticipate Rs 48,500 to be conquered or even beyond. Supports for Gold exist at Rs 47,200 and Rs 46,800 regions.
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Paytm, the Indian digital payments pioneer backed by Jack Ma's Ant Group Co., is thinking about ditching the proposed Rs 2,000 crore ($268 million) share sale ahead of its initial public offering over... Paytm was last valued at $16 billion, according to unicorn tracker CB Insights.New Delhi: Paytm, the Indian digital payments pioneer backed by Jack Ma's Ant Group Co., is thinking about ditching the proposed Rs 2,000 crore ($268 million) share sale ahead of its initial public offering over valuation distinctions, according to people acquainted with the development.The company had actually been looking for an assessment of above $20 billion based upon initial financier feedback, while advisers on the offer recommended a lower pricing, some of individuals said, asking not to be named as the info is private. The company was last valued at $16 billion, according to unicorn tracker CB Insights.Formally called One97 Communications Ltd., Paytm wants to use strong financier demand fueled by simple liquidity that has buoyed India's hit listings this year.The business had reported a 10% drop in earnings throughout the year ended March 2021, after intensifying competitors from Walmart Inc.'s Flipkart and Amazon.com Inc. cut its e-commerce and cloud sales by the exact same quantity. A decision hasn't been made and Paytm could still consider a pre-IPO sale possibly at a lower appraisal, the people said. Regulators are anticipated to authorize the listing in coming days, a few of individuals said.Representatives for the business didn't respond to an e-mail seeking comment.Banks consisting of Morgan Stanley, Goldman Sachs Group Inc., Citigroup Inc. and ICICI Securities Ltd. are running the share sale.Paytm might think about a pre-IPO positioning of as much as Rs 2,000 crore, it had stated in the Draft Red Herring Prospectus filed with the Securities and Exchange Board of India on July 16.
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Reliance-Aramco Deal: A bulk of Reliance's shareholders have actually passed the resolution to appoint Saudi Aramco Chairman Yasir Al-Rumayyan as an independent director ...
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Equity indices plunged dramatically on Thursday dragged by IT, metal and realty stocks. The benchmark BSE Sensex dived 604 points or 0.99 per cent to 60,656 in late offers; while the wider NSE Nifty moved... New Delhi: Equity indices plunged greatly on Thursday dragged by IT, metal and real estate stocks. The benchmark BSE Sensex dived 604 points or 0.99 percent to 60,656 in late offers; while the wider NSE Nifty moved 172 points or 0.94 percent to 18,095. Significant laggards in the BSE pack consisted of Tata Steel, Dr Reddy's, Reliance Industries, Bharti Airtel, IndusInd Bank and Infosys with their shares falling as much as 3.18 per cent. On the other hand, Kotak Mahindra Bank, HDFC, PowerGrid, UltraTech Cements and NTPC surged as much as 4.80 per cent.On the NSE platform, sub-indices Nifty IT, Metal and Realty fell as much as 2.55 per cent in late deals.Both the indices began on a positive note but quickly gave up all gains in the middle of continuous profit-booking by investors.BSE smallcap and midcap were trading 0.82 per cent and 1 percent lower respectively. Certain pockets, where assessments have actually ended up being lofty and have seen frenzy buying in little and midcap indexes, are seeing a correction, Saurabh Jain, Assistant Vice President of Research at SMC Global Securities, informed news agency Reuters. Continual selling by institutional investors indicate that wise money regards the marketplace as overheated and over-valued, V K Vijayakumar, Chief Financial Investment Strategist at Geojit Financial Services, told Reuters.A set of information launched by Reuters also showed that domestic institutional investors (DIIs) sold $1.03 billion worth of securities in Indian capital markets in the past one week.Future Retail fell as much as 3.92 percent after a Singapore arbitration panel ruled that the merchant must participate in arbitration over an industrial disagreement with AmazonHavells India dropped as much as 7.16 percent after it published a fall in quarterly profit.On the revenues front, Asian Paints, JSW Steel, Biocon, Can Fin Houses, Container Corporation, TVS Motor Co and ICICI Lombard General Insurance coverage are anticipated to declare their outcomes throughout the day.
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The broader markets are also trading in the positive, with the BSE Midcap index and BSE Smallcap index gaining 0.4 per cent each...
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Gold Bond Scheme 2021-22: The first upcoming tranche -Series VII, will open for subscription on Monday, October 25 and will close on October 29 - remaining open for financiers for five days ... Sovereign Gold Bonds Plan 2021-22 will be provided in four more tranchesThe government's Sovereign Gold Bonds Scheme 2021-22, will be released in 4 more tranches in the current financial - beginning with October 2021 - March 2022, stated the financing ministry in a declaration today. The very first approaching tranche - Series VII, will open for subscription on Monday, October 25 and will close on October 29 - staying open for investors for a duration of 5 days.The Reserve Bank of India (RBI) problems the interest-paying bonds linked to the marketplace price of the yellow metal, as part of the sovereign gold bond plan. The gold bond sare released by the RBI on behalf of the government. (Also Check Out: What Are Sovereign Gold Bonds? Here's All You Required To Know ) Essential DatesTrancheDate of SubscriptionDate of Issuance2021-22 Series VIIOctober 25-29, 2021November 2, 20212021-22 Series VIIINovember 29-December 3, 2021December 7, 20212021-22 Series IXJanuary 10-14, 2022January 18, 20222021-22 Series XFebruary 28-March 4, 2022March 8, 2022Source: Ministry of FinanceIssue PriceThe issue price of each tranche will be fixed in rupees on the basis of a simple average of closing cost of gold of 999 pureness, by the Mumbai-based India Bullion and Jewellers Association (IBJA) for the last three working days of the week preceding the membership duration. The issue rate of the gold bonds will be Rs 50 per gram less for the online customers - who pay through the digital mode.How To InvestThe sovereign gold bonds will be sold through the arranged commercial banks (other than little finance banks and payment banks), stock holding corporation of India Limited (SHCIL), Clearing Corporation of India Limited (CCIL), the designated post workplaces, and acknowledged stock exchanges - National Stock Exchange of India and the Bombay Stock Market Limited. The gold bonds are kept in the RBI books or in a demat type. Qualified InvestorsThe gold bond plan is open to resident people, Hindu Undivided Families or HUFs, trusts, universities, and charitable organizations.
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Havells India reported a 7.34 percent decline in net profit to Rs 302.39 crore for quarter ended September 30, 2021 compared to Rs 326.36 crore in the year-ago quarter ...
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Cryptocurrency exchanges may well be on the rise, however buying this market includes its own share of risks and difficulties ...
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Invesco, which owns nearly 18 per cent of Zee through two funds, desires a shakeup at the TV network over corporate governance issues at a time when the business is preparing a merger with the regional unit of... The development is available in the backdrop of the Zee-Sony merger dealThe court on Thursday asked Zee Home entertainment Enterprises to call a conference of shareholders, as looked for by top investor Invesco which is promoting the elimination of the TV network's CEO and a board revamp.Any resolution passed at the remarkable general meeting will be postponed, nevertheless, till the Bombay High Court selects the legality of the Invesco's ask for such a conference. Zee and Invesco did not instantly react to an ask for comment.Invesco, which owns almost 18 percent of Zee via 2 funds, wants a shakeup at the television network over corporate governance concerns at a time when the company is preparing a merger with the regional system of Japan's Sony Group.That move is set to produce India's greatest broadcaster but Invesco has actually raised concerns about options offered to Zee's starting household, which includes its CEO Punit Goenka, to raise their stake in the merged company to 20 per cent.Zee's founder and Goenka's daddy Subhash Chandra has actually implicated Invesco of plotting a hostile takeover. Invesco has rejected the charge but said that earlier this year it tried to create an offer between business owned by Reliance Industries, managed by billionaire tycoon Mukesh Ambani, and Zee. In my view, we should not belittle this dispute as a conflict for control by Invesco, stated Mohit Saraf the founder of Saraf - & Partners law practice, which is not associated with the case. This dispute will set the litmus test for enforceability of shareholding rights in this country.
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The Union Cabinet is likely to go over a proposal to hike Dearness Allowance (DA) of the main civil servant and pensioners by 3 percent, sources told TheIndianSubcontinent on Thursday. If this proposition gets... If this proposition gets cleared, DA for government employees will be increased to 31 per cent.New Delhi: The Union Cabinet is most likely to go over a proposition to trek Dearness Allowance (DA) of the main civil servant and pensioners by 3 percent, sources told TheIndianSubcontinent on Thursday. If this proposition gets cleared, DA for government employees will be increased to 31 per cent.Earlier in September, the Department of Expense, under the Ministry of Financing, had actually provided a memorandum mentioning the retired main civil servant will receive money payment and gratuity. Prior to this, the Centre had approved a boost in DA and Dearness Relief (DR) provided to central civil servant and pensioners from 17 per cent to 28 per cent.The boost was applicable from July 1, 2021 and benefitted around 48.34 lakh central civil servant and 65.26 lakh pensioners.The memorandum had likewise mentioned the matters connecting to the payment of the DA during the duration from January 1, 2020, to June 30, 2021. It had actually specified that the rate of DA for this period would remain the exact same 17 per cent of the standard pay, the exact same had been improved to 28 percent of basic pay subsuming extra instalments arising on January 1, 2020 (4 per cent), July 1, 2020 (3 per cent) and January 1, 2021 (4 per cent) payable with effect from July 1, 2021. For employees retiring throughout the duration and the Notional Portion of Dearness Allowance for estimation purpose will be: From January 1, 2020, to June 30, 2020: 21 percent of basic pay; From July 1, 2020, to December 31, 2020: 24 per cent of fundamental pay; From January 1, 2021, to May 30, 2021: 28 percent of standard pay, the memo further mentioned.In view of the Covid-19 pandemic, the federal government had actually frozen the three extra instalments of the DA and DR which were due from January 1, 2020, July 1, 2020 and January 1, 2021. The Centre's DA walking, efficient from July 1, had actually implied that the workers will not get any defaults on non-revision of DA for the previous duration.
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Oil manufacturer Guyana could resume talks with India for a deal to offer the federal government's share of crude as output rises next year ...
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JSW Steel Q2 Results: JSW Steel reported the highest-ever revenue from operations in the September quarter - at Rs 32,503 crore, compared to Rs 19,264 crore in the year-ago period...
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On Wednesday, Tata Communications reported a 10.6 percent year-on-year growth in combined net profit at Rs 425 crore for the quarter ended September 2021 ... Tata Communications Q2 Outcomes: Net financial obligation stood at Rs 7,761 crore in the September quarterTata Communications shares gained more than 3 percent in a weak market after the business reported a jump in net profit in the quarter ended September 2021. On Wednesday, Tata Communications reported a 10.6 percent year-on-year development in consolidated net profit at Rs 425 crore for the quarter ended September 2021 on account of lower operating expense and taxes.The profits before interest, tax, depreciation and amortisation (EBITDA) increased 12.9 percent to Rs 1,113 crore in the September quarter, whereas it decreased 3.9 per cent from the year-ago quarter.The business's net financial obligation stood at Rs 7,761 crore in the September quarter, down Rs 240 crore sequentially and Rs 870 crore from the matching period last year.At 12:00 pm, Tata Communications shares were trading at Rs 1,492, greater by 3.1 per cent, on the BSE as against the 0.6 per cent decrease in the benchmark indices.
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As lots of high frequency signs have actually reached the pre-pandemic levels in second quarter of 2021-22, financial growth is expected at 7.7 per cent ...
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The refunds were released by CBDT worth Rs 92,961 crore to more than 63.23 lakh taxpayers for the duration from April 1, 2021 to October 18, 2021 ... Earnings tax refunds worth more than Rs 90,000 crore have actually been issued in the current fiscalIncome Tax refunds amounting to Rs 92,961 crore have actually been provided to taxpayers throughout the existing financial, the Central Board of Direct Taxes (CBDT) stated on Thursday.These figures consist of refunds of Rs 23,026 crore in 61,53,231 cases and business tax refunds of Rs 69,934 crore in 1,69,355 cases, the board said in a Twitter post.The refunds were released by CBDT worth Rs 92,961 crore to more than 63.23 lakh taxpayers for the duration from April 1, 2021 to October 18, 2021. This consists of 32.49 lakh refunds of evaluation year 2021-22 amounting to Rs 2,498.18 crore, the department even more said.Last Thursday the government had stated that more than 2 crore tax return (ITRs) have been submitted through it till date and the platform has considerably stabilised . Urging tax payers to submit their returns for the fiscal 2020-21 at the earliest, the last date for which is December 31, 2021, the earnings tax department in a statement said that more than 1.70 crore returns have actually been e-verified and of these, 1.49 crore were done through Aadhaar based one-time password (OTP) system.The procedure of e-verification through Aadhaar OTP and other approaches is necessary for the department to begin processing of the ITR and to release refunds, if any.
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The world of cryptocurrency is a recent phenomenon and, therefore, return potential could be unpredictable....
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