“Senior citizens above 75 years, with only pension and interest income, are exempt from filing ITR.” STC Monitoring Desk December 30 (STC): Countering a message circulating on social media platforms claiming that senior citizens above 75 no longer have to pay taxes, the central government has clarified that the news is fake.Government of India’s Press…
“High attrition and employee turnover rate pose significant operational risks, including disruption in customer services, besides leading to loss of institutional knowledge and increased recruitment costs.” STC Monitoring DeskDecember 30 (STC): Reserve Bank of India (RBI) in its latest Report on Trend and Progress of Banking in India 2023-24 among other things has reported high…
‘Link roads yet to be cleared across Valley’ STC MONITORING DESKSrinagar, Dec 30: Senior BJP leader and the party’s J&K spokesman Altaf Thakur in a statement issued to media today has criticized the Omar Abdullah-led government “for its slow response to the ongoing snow crisis in the Valley.”Thakur accused the government of failing to clear…
The banking regulator has now allowed ‘interoperability’ to transfer money from one wallet to another. STC Monitoring DeskDecember 30 (STC): Payments through digital mode continue to witness exciting innovations bringing more convenience to the customers. In a praise-worthy move the Reserve Bank of India (RBI) recently paved way for users of prepaid payment instruments (PPIs)…
“No-CIBIL-Score Loan Apps,” offers several ways to access money without traditional credit histories. STC Monitoring DeskDecember 29 (STC): Banks and financial institutions measure a person’s creditworthiness through the CIBIL score, a three-digit figure ranging between 300 and 900. It is determined by Credit Information Bureau India Limited (CIBIL) based on factors such as recent credit…
