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Rajesh Exports likely to lose PLI beneficiary status, face MCA probe

Rajesh Exports faces potential removal from a government battery production incentive scheme. The corporate affairs ministry is considering a probe into the company’s financial reporting. This follows a Securities and Exchange Board of India order flagging significant overstatement of revenues.…

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RBI’s five measures to attract foreign capital to India

RBI Governor Sanjay Malhotra on Friday in his June MPC statement said net FPI outflows stood at nearly USD 14 billion in FY27 so far, primarily from equities, even as gross FDI remained robust. To attract foreign capital and strengthen…

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AirTrunk plans USD 30 billion India data centre expansion

Blackstone-backed data centre specialist AirTrunk plans to invest more than USD 30 billion (over Rs 3,000 billion) to develop over 5 gigawatts (GW) of digital infrastructure capacity in India by 2030.

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Progress in AI, semiconductors reflects India growing role in world economy: Jitin Prasada

India’s progress in areas such as artificial intelligence, semiconductors and global trade partnerships reflects its growing role in the international economy, said Minister of State for Commerce and Industry Jitin Prasada inaugurating the Global Business Research Conference 2026 at the…

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Rupee inches up, defies Asian peers; caution prevails before RBI policy

The Indian rupee strengthened today, moving against weaker Asian markets. This rise occurred before a key Reserve Bank of India policy announcement. Markets are watching closely for any interest rate changes. Economists generally do not expect a hike. The central…

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Government said to weigh up to $525 million Hindustan Zinc share sale

The government is considering selling up to a 2% stake in Hindustan Zinc Ltd., a move that could raise around Rs 5,000 crore. The stake sale, likely this month or in July, is part of a broader divestment drive aimed…

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  • Punjab HC reserves judgement on Punjab govt, state power corporation's pleas seeking stay on DA release order

    The Punjab HC reserved judgement on pleas filed by the state and PSPCL against a previous court order directing release of Dearness Allowance for state employees and pensioners by 30 June. Here's all we know…

  • Foreign salary in NRE account not taxable for NRIs, ITAT quashes ₹12 lakh tax demand

    The ITAT Ahmedabad has ruled that foreign salary earned outside India does not become taxable merely because it is credited to an NRE account or because TDS is deducted using an Indian TAN. 

  • The cost investors pay for chasing growth

    The hope is that enough companies exceed expectations and justify lofty valuations, offsetting those that stumble. But the real risk lies not in company performance, but in how we allocate capital.

  • Can children claim a share in property inherited by their father? Karnataka HC explains when they can—and cannot

    The Karnataka High Court ruling clarifies that property received by a father from his own father does not automatically become ancestral. Children cannot claim a birthright in such assets if they remain the father's self-acquired property. 

  • Cash deposits below ₹10 lakh can still attract an Income Tax notice. Here's why

    The ₹10 lakh threshold under Rule 114E only determines when banks must report cash deposits through the Statement of Financial Transactions (SFT). It does not prevent the Income Tax Department from seeking information about deposits below that limit where required under the Income-tax Act.

  • Section 44ADA: How freelancers and professionals can legally pay tax only on 50% of their total income

    Section 44ADA allows eligible professionals to pay tax on 50% of their gross receipts as taxable income, treating the rest as a deemed expense deduction. The scheme applies to specified professionals with receipts up to ₹50 lakh, extendable to ₹75 lakh if cash receipts are within 5%.

  • Over 3 crore ITRs already filed: What happens if you miss 31 July deadline? Tax experts explain

    With more than 3 crore Income Tax Returns already filed, taxpayers have a limited time before the 31 July 2026 deadline. Missing it can lead to late-filing fees, interest, refund delays, psychological stress, and loss of tax benefits, making timely filing essential.

  • Nifty Smallcap index saw over 20% intra-year declines in 12 of 20 years: What history reveals about timing the market

    Small-cap investing has historically delivered strong return potential but with frequent sharp corrections. Data from Nifty Smallcap 250 TRI show that staying invested through volatility and adopting disciplined approaches, such as SIPs, reduces the impact of market timing on long-term outcomes.

  • Forgot your UAN? Here's how to retrieve it online through the EPFO portal

    The Universal Account Number (UAN) is essential for checking your PF balance, filing claims and accessing other EPFO services. Here's how members can recover a forgotten UAN online or through EPFO's offline facilities.

  • EPF vs mutual funds: Why EPFO says your provident fund should remain foundation of retirement planning

    EPFO has urged salaried employees not to withdraw EPF savings for mutual funds, highlighting EPF's retirement, pension and insurance benefits. Here's how EPF differs from mutual funds, key features, tax benefits and practical investment takeaways for long-term financial planning.

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