For the Assessment Year 2021-22, the Income Tax Department has launched the Income Tax Return (ITR) Offline utility for taxpayers. For the time being, the department has allowed this utility service available to ITR-1 and ITR-4. The utility is built on the "JSON" technology, and it can import and pre-fill data from an electronic filing portal.
With impact from May 1, private sector lender IDFC First Bank has modified interest rates on fixed deposits (FDs). Short-term FDs are available from seven days to one year, and long-term FDs are available from one to ten years at IDFC First Bank. For deposits with a term of 7 days to ten years, IDFC First Bank offers interest rates ranging from 2.75 % to 6 % per annum.
Small-Cap Funds invest a large portion of their actively managed corpus in small-cap company, equity or equity-related securities, and undoubtedly they have also exploded in popularity in recent years among the investors. A small cap company is classified as one with a market capitalization of less than Rs. 500 crores.
Sugar companies are in a sweet spot and one could see a better performance by some of these companies in the next few quarters. Here are 5 reasons why sugar stocks could see a rally, according to a report from Motilal Oswal.Shortfall in global sugar production
Brazil and Thailand, the two largest sugar exporters in the world,