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Staffing industry urges finance ministry to lower GST slab to 5%

The Indian Staffing Federation (ISF) has appealed to the finance ministry to lower the GST rate on employment services from 18% to 5%. ISF argues that this reduction would boost formal job creation, enhance the staffing industry’s competitiveness, and align…

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Private investments flat, but pickup in demand seen: CII Chief Rajiv Memani

Rajiv Memani of CII reports that private investment remained stable recently. However, a revival is expected due to increased demand and lower interest rates. New projects worth Rupees 3.5 lakh crore were announced in the June quarter. CII suggests GST…

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Reviewing CCI order, will take appropriate legal recourse: Asian Paints

Asian Paints faces a CCI investigation for allegedly abusing its dominant market position following a complaint by Grasim Industries, which recently entered the paint sector with Birla Opus. The CCI suspects Asian Paints of exclusionary practices, potentially violating competition laws…

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Marico, Godrej Consumer, Dabur say sequential recovery in Q1; maintain caution on commodity inflation

Urban and rural demands improved during April-June 2025. Easing inflation and good monsoons helped. Summer rains impacted seasonal product sales. Some inflation concerns remain. Marico saw multi-quarter high volume growth. Godrej expects double-digit revenue growth. Dabur anticipates low single-digit revenue…

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India will soon become third largest economy in the world: PM Modi

“The fruits of India’s growth and progress are reaching the most needy,” he added while stressing that India’s growth and development is reaping benefits for the poor and the underprivileged through welfare schemes launched by the Central and state governments.

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India is institutionalizing outcome-based financing for skilling: Jayant Chaudhary

Speaking at a panel discussion in the fourth international conference on Financing for Development (FfD4) in Seville, Spain, Jayant Chaudhary, minister of state (independent charge) for the ministry of skill development and entrepreneurship said models like the Skill Impact Bond…

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  • Income-tax returns: What is assisted filing, who are authorised representatives, eligibility and factors explained

    Income-tax returns: Today we explain what ITR assisted filing is, who is allowed to assist, who is considered authorised representative, the requirements and eligibility criteria and other important factors.

  • ₹14.65 lakh salary? Here's how you can legally reduce your income tax liability to zero under new tax regime

    A ₹14.65 lakh CTC does not necessarily mean you have to pay income tax under the new tax regime. With the right salary structure, employer contributions to EPF and NPS, and the standard deduction, your taxable income can be brought down to ₹11.99 lakh, making you eligible for zero tax liability.

  • Mutual funds holding cash: Is high cash balance a red flag for investors? Experts explain

    Experts suggest that cash holdings should be viewed as a portfolio management tool rather than a buy-or-sell signal. A fund's investment philosophy, portfolio quality, and long-term performance remain far more important than a single percentage shown in the monthly factsheet.

  • EPF vs Labour Codes: If basic pay must be 50%, why is PF capped at ₹1,800?

    Payroll rules are changing in India as EPF vs labour codes reshape salary structures and PF calculations. While basic pay norms rise, EPF contributions remain capped at ₹1,800, impacting take-home pay and retirement planning choices.

  • Are super top-up plans becoming redundant?

    While stacking policies was once the ultimate cost-saving hack for medical emergencies, a shifting market has quietly changed the math for policyholders.

  • 8th pay commission: Visits to Bhubaneswar, Kolkata this week, plans for Railway workers meet in Mumbai — Latest updates

    The 8th pay commission has multiple state visits and other meetings scheduled in July 2026, with plans for more consultations with employee groups, unions and stakeholders across states and union territories in due course.

  • Buying health insurance? One overlooked document can tell you what brochures won’t

    Irdai-mandated product-wise NL-47 disclosures reveal claim settlement, complaint rates, renewals and more, helping buyers compare health insurance plans beyond brochures and marketing claims.

  • DA merger demands: Does salary structure and Dearness Allowance change? Here's what Finance Ministry said on the issue…

    Employee groups are demanding merger of Dearness Allowance with basic pay to increase monthly salary. Here's what the Finance Ministry has clarified about higher basic pay, changes to salary structure and DA…

  • Gold drops 30%, silver plunges 54% — but history shows 2026 correction isn’t the deepest yet

    Gold and silver have fallen sharply from their record highs in 2026, with gold down about 30% and silver by 54%. However, historical cycles show the current declines are not the deepest, and the time correction is still pending. 

  • EPFO's ₹1,800 EPF contribution cap explained: Who benefits more – employees or employers?

    The EPF Scheme, 2026 introduces clearer guidelines on provident fund contributions, capping mandatory payments at ₹1,800 monthly. While employees benefit from increased take-home pay and flexibility, they may risk a smaller retirement fund if they don't opt for additional voluntary contributions.

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