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Tax Audit Report deadline: Who needs to upload it by September 30, 2026

The deadline for uploading tax audit reports is set for September 30, 2026, specifically targeting certain taxpayers. Chartered accountants will manage the upload of the tax audit report on the e-filing portal, after which taxpayers need to accept and e-verify…

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World Bank mobilises $112 billion in private capital for developing nations

The World Bank mobilised $112 billion in private capital for developing nations last year. This significant increase reflects a strategic shift due to donor funding limitations. Private capital mobilisation now nearly matches the World Bank Group’s own lending efforts. The…

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Direct tax collections gain 12.96% to Rs 12.12 lakh crore; advance tax up 16.18%

Net direct tax collections rose 12.96 per cent year-on-year to Rs 12.12 lakh crore as of September 17 in the financial year 2026-27, while advance tax collections grew 16.18 per cent to Rs 5.22 lakh crore, according to data released…

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Moody's raises India FY27 growth forecast to 7%, flags energy and fiscal risks

Moody’s Ratings has raised its forecast for India’s real GDP growth in fiscal 2026-27 to 7 per cent from 6 per cent, citing the economy’s resilience to the global shock from the Middle East conflict, while cautioning that higher energy…

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Rising oil, borrowing costs fuel stagflation fears for global economy

Middle East conflict-driven energy price spikes and rising global borrowing costs are reviving inflation risks while threatening economic growth. Brent crude remains above $100, government bond yields have surged, and households face higher fuel, energy and mortgage costs. Despite resilient…

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Samsonite South Asia elevates Anushree Tainwala to chief business officer & executive director for India & the Middle East

Samsonite South Asia has promoted Anushree Tainwala to Chief Business Officer & Executive Director, expanding her leadership to India, South Asia, and 28 Middle Eastern markets. In her expanded role, Tainwala will drive brand strategy, product innovation, marketing, e-commerce, and…

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  • Gold, silver rates today Bangalore 2 Nov: Latest prices, up-down movement for precious metal investors in Garden City

    Gold, silver prices today, 2 November: Check the latest prices and up-down movement for precious metal investors in Garden City. We also bring retail prices of 18K, 22K and 24K gold and 999 Fine silver across cities — Chennai, Delhi, Hyderabad, Kolkata, and Mumbai.

  • New NFO alert! Kotak Nifty Realty Index Fund closes next week—See deadline, minimum amount, allocation, expected returns

    Kotak Mahindra Asset Management Company (AMC) has launched the Kotak Nifty Realty Index Fund, an open-ended passive scheme tracking the Nifty Realty Index. Here's all you should know before investing… 

  • Gold, silver prices today, 2 November: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 2 November: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

  • 8th Pay Commission pension calculator: How ₹25,000 to ₹75,000 basic pensions may change at 2.5, 3 & 3.5 fitment factors

    8th Pay Commission pension calculator: Check how existing basic pensions from ₹25,000 to ₹75,000 could change under hypothetical fitment factors of 2.5, 3 and 3.5, alongside key pension demands from employee unions.

  • DA hike: Tamil Nadu, Madhya Pradesh, Rajasthan, Chhattisgarh increase dearness allowance by 2-3% ahead of Diwali

    After the Union Cabinet approved a 3% DA increase for central government employees; the Tamil Nadu and Rajasthan govts also raised DA by 3% each, while Madhya Pradesh and Chhattisgarh announced 2% hikes each for state employees and pensioners. 

  • 8th pay commission: Pay scales, risk and hardship allowances, hazard pay — What AIRF is seeking for Railway employees

    AIRF presented its demands to the 8th CPC, seeking better pay scales and risk, hardship, hazardous-duty and dress allowances for its employees. It highlighted railway work’s round-the-clock and raised concerns for running staff, track maintainers, technicians.

  • Sukanya Samriddhi Yojana taxation: Is entire SSY maturity amount tax-free? Key income tax rules parents should know

    Sukanya Samriddhi Yojana taxation explained: Find out whether SSY maturity proceeds and interest are tax-free, how Section 80C deductions work under the old tax regime, and the key deposit limits, account rules and maturity conditions parents should know.

  • Moved abroad, selling mutual funds to buy a house in India? Know the tax rules

    A non-resident Indian can claim Section 54F relief on long-term capital gains from selling mutual funds by investing the net sale proceeds in a residential house in India, subject to conditions.

  • Small-cap funds were the worst-performing equity category in October. Which funds held up and which lagged behind?

    Small-cap mutual funds were October's worst-performing equity category, falling 5.83%. Invesco Small Cap Fund limited losses to 2.98%, while Tata Small Cap Fund plunged 11.16%. Here are the best and worst-performing schemes and how other equity categories fared.

  • Bank interest not reported in ITR? ITAT ruling explains when taxpayers can escape income tax penalties

    ITAT Delhi deleted a ₹3.08 lakh penalty on a salaried taxpayer who omitted ₹4.49 lakh in bank interest from his ITR. The tribunal cited a bona fide omission and an improperly worded penalty notice under Section 270A.

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