More than 15 lakh taxpayers revised their income tax returns for assessment year 2025-26. The Income Tax Department initiated a NUDGE campaign targeting wrongful deductions. Taxpayers are advised to review their claims and revise returns by December 31, 2025. This…
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Multi-asset allocation funds have surprised investors by outperforming pure equity funds. These funds invest in at least three asset classes, including gold and silver. Their allocation to precious metals, which saw a sharp rally, drove their strong performance. Investors seeking…
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The platform integrates PwC’s tax expertise with curated legal content, AI capabilities and human oversight to support in-depth tax research, document drafting and strategic planning for business transactions.
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India is set to enhance economic growth estimation for states. Real-time Goods and Services Tax Network data will provide more accurate Gross State Domestic Product figures. Capacity-building workshops will aid states. A new Gross Domestic Product series releases February 27,…
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A viral social media claim that the Income Tax Department will access private digital accounts from April 1, 2026, to curb tax evasion has been debunked by the PIB Fact Check team. The department’s powers are strictly limited to search…
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Private sector banks showed quicker transmission of policy rate cuts on both fresh and outstanding rupee loans, whereas public sector banks adjusted fresh term deposit rates more rapidly, reflecting faster liability-side responsiveness.
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