ITAT held that although the assessee attempted to justify cash deposits as scrap sales, lack of key supporting records justified only a partial lump-sum addition. Key takeaway: Section 68 additions ...

Customers with bank accounts in the UK will see a significant increase in the amount of money that is protected if their bank ...

The amount of cash that is protected if a bank or building society goes bust will rise for the first time in eight years, the ...

Financial services groups will have to make a higher contribution to compensation scheme for customers of failed companies ...

Up to £120,000 of your cash will be returned to you if a UK-authorised bank, building society or credit union goes out of ...

The country's second-largest bank has unveiled a digital platform for retirement decisions — not on how to save, but how to ...

If the law wreaks havoc on the financial system, as seems highly likely, that name will become a grim joke: What genius ...

If you don’t urgently need your RMD cash, taking it early could let you lock in a higher yield on that money now—before potential Fed rate cuts next month.

TFS Financial (TFSL) is deeply undervalued, trading at 7x earnings and 39% of book value, with a robust 8.3% dividend yield.

The highest money market account rate available today is 4.22% Changes from the Fed or your bank can quickly change money market rates Online banks typically offer the most competitive yields on the ...

The ECB advances a digital euro with efficiency, sovereignty, trust and inclusion goals as global CBDCs show slow adoption.

If so, that could mean the average national deposit rate for savings accounts — which is currently a dismal 0.40% — could get ...