Short-form video had become a craze on the social media and the sudden ban on the ubiquitous TikTok by the Indian Government in the list of the blanket ban on 59 Chinese apps, has definitely thrown the life of many social media enthusiasts into disarray.

There’s no better time for Indian OTT operators to come out with desi alternatives and as expected, it is none other than the Zee5 OTT platform which once again stood tall to launch HiPi, the short-video creation platform which is available inside the Zee5 app.

Having been in the works for a while, named as Hypershorts earlier, the launch of this platform re-christened as HiPi was announced by the OTT operator at its second anniversary celebrations, earlier in February this year.

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Gold has a deep rooted significance in Indian culture, alluring people with its beauty and charm. Its golden glow evokes emotions as a culturally significant metal which has found a significant place in Indian hearts and homes alike.

Indians have a great infatuation with gold since a long time which has only grown stronger over the years. For that reason, Indians consume the most gold globally and it along with real estate makes up almost two-thirds of Indian household savings.

But we should definitely be aware of the answers to the different questions on investment in gold. Is investment in gold safe? Should I disclose the investment made in gold in my income tax returns? What are the precautions I need to take from a tax perspective? All these questions assume importance in view of the Government’s recent thrust on tracking unaccounted monies and investments.

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We all are struggling to get back to our routine work and businesses, after the partial removal of the nationwide lockdown imposed to contain the spread of Covid pandemic, though a complete return to total normalcy is still quite far away.

In order to mitigate some part of our hardship, the Government had announced some relaxations in the Income Tax compliance requirements which include extension in the date for filing of income tax return (ITR) as well as linking PAN with Aadhaar.

Here are six recent changes made in the income tax and other compliance requirements:

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Replies: 11