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Giant Trump tax bill faces make-or-break vote in Congress

Donald Trump is seeking final approval Wednesday in the US Congress for his marquee tax and spending bill, with Republicans pinning their hopes on a narrow victory that will help seal the president’s legacy. The president indeed applied further pressure…

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India’s fiscal consolidation & capex boost went hand-in-hand in Apr-May FY26: UBI Report

India has made a promising start to the financial year 2025-26 (FY26), as both fiscal consolidation and capital expenditure (capex) are moving forward together, according to a report by Union Bank of India.

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SBI decides to declare Reliance Communications’ loan account as ‘fraud’

The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as “fraud” in a case that dates back to August 2016.

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India poised to become 3rd-largest economy by 2030, overtaking Germany: Hardeep Puri

India has recently overtaken Japan and is poised to become the third-largest economy by 2030, overtaking Germany, Union Petroleum Minister Hardeep Singh Puri has said.

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Adani Properties gets NCLT nod to acquire HDIL’s two assets

The assets include a commercial property known as ‘Inspire BKC’ in Mumbai’s business district Bandra-Kurla Complex and a land parcel in Kalyan Shahad on the outskirts of Mumbai. Adani Properties was found to be the only bidder to make Insolvency…

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OMC stocks in focus after Hardeep Puri confirms LPG compensation payout

Shares of BPCL, HPCL, and IOC may stay in focus after Oil Minister Hardeep Singh Puri said the government will compensate OMCs for under-recoveries on subsidised LPG sales. OMCs faced losses exceeding Rs 40,000 crore in FY24 amid stable domestic…

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EPFO: Taxation rule on Voluntary Provident Fund — the ₹2.5 lakh VPF threshold, explained
VPF allows employees to contribute more than the mandatory EPF rate for a larger retirement corpus. Contributions over ₹2.5 lakh face taxation on excess interest. VPF matches EPF's interest rate and qualifies for tax deductions under Section 80C, with specific withdrawal conditions.
₹17L tax refund denied after taxpayer missed ITR e-verification while caring for ill father: Here's what ITAT ruled
A Delhi taxpayer was denied a ₹17 lakh tax refund due to late e-verification of his ITR while caring for his ill father. ITAT ruled that denying the refund on technical grounds violates Article 265 of the Constitution, leading to a ruling in his favor.
Tamil Nadu: 25% salary hike for TASMAC liquor outlet employees to curb overcharging — See how pay increases
The Tamil Nadu state government has today hiked the salaries of employees working at its TASMAC liquor outlet by 25% with aim to bring in reforms — curb corruption and overcharging at these stores. Here's all we know…
HDFC Bank revises MCLR across tenures: Check latest lending rates and what they mean for your loan EMI
HDFC Bank's revised MCLR now ranges from 8.05% to 8.70%, affecting borrowers linked to the one-year or three-year rates. While the overnight rate decreased slightly, other tenures remain unchanged. Details here.
8th pay commission: HRA revision, minimum monthly transport allowance, salary increase — Check top demands by AINPSEF
8th pay commission: The All India NPS Employees Federation (AINPSEF) has demanded HRA revision, minimum monthly transport allowance, DA hike, and salary increase for central government employees and pensioners.
Top 5 business cycle mutual funds compared: AUM, returns and portfolio strategy
Business cycle funds aim to capture opportunities across different phases of the business cycle: growth, recession, slump, and recovery. ICICI Prudential Business Cycle Fund is the biggest fund with an AUM of ₹15,798 crore and has delivered an 18.77% return over the last three years.
DA hike: Kerala mulls 2% increase in Dearness Allowance by August for extra salary during Onam festivities
DA hike: Kerala is considering a 2% increase in Dearness Allowance for state government employees to be disbursed in their August salaries, ahead of Onam festivities. An official order is awaited.
Form 68 explained: Who should file the new exempt income statement, how it works, can it be revised — all FAQs answered
The income tax department has launched Form 68 under the Income-tax Act, 2025, for specified investment funds to file exempt income statements and claim tax benefits for eligible non-resident investors. Details here.
What is the active share of a mutual fund
Active share measures how different a fund's portfolio is from its benchmark index, expressed as a percentage between 0% and 100%.
Is a ₹35,000 monthly pension enough in Lucknow? Expert breaks down housing, healthcare, food and daily costs
Stretching a ₹35,000 monthly pension requires careful planning, especially in smaller cities like Lucknow and other similar urban areas. A structured budget, pre-built emergency savings, healthcare planning, and low-risk investments can help retirees manage expenses.