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Adani Total Dhamra LNG terminal expansion not imminent, CEO says

ADANI-TOTAL-DHAMRA-LNG-Adani Total Dhamra LNG terminal expansion not imminent, CEO says

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Karnataka: Volvo to invest Rs 1500 Cr to expand Hoskote facility, to add 2000 jobs

Volvo Group has announced a Rs 1500 crore investment to expand its manufacturing facility in Bengaluru, expected to create 2,000 direct jobs and boost production capacity to 20,000 units annually. This initiative solidifies Karnataka’s position in the global manufacturing landscape…

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India may become Canva’s biggest market in 3-5 years: cofounder Cameron Adams

In India, Canva is pushing for growth in users as well as revenue as it brings out more localised offerings. Globally, as Canva gears up for its initial public offering (IPO) this year, it is increasingly going after large enterprise…

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What’s changed in the Income Tax Bill 2025? Key differences between the old and new tax frameworks

Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, aiming to modernize India’s tax system. Key reforms focus on digital assets, remote work, and streamlined processes. Will these changes simplify taxation and benefit businesses in the digital economy? Here…

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Budget’s goal is to propel growth, boost private investments: FM Sitharaman in RS

Finance Minister Nirmala Sitharaman stated that the Union Budget 2025-26 aims to boost growth, ensure inclusive development, and stimulate private sector investments. Despite external challenges, she emphasized accurate assessments and highlighted that the effective capital expenditure for the next fiscal…

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Financial services, IT will be most attractive for PE buyouts in 2025, industry group head says

INDIA-INVESTMENT-Financial services, IT will be most attractive for PE buyouts in 2025, industry group head says

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  • ITR filing AY 2026-27: 5 key tax rules that intraday and F&O traders must know before filing returns

    ITR filing for AY 2026-27 requires intraday and F&O traders to report business income correctly using ITR-3. Check the latest disclosure rules, business codes, turnover reporting requirements, tax audit thresholds, filing deadline and common mistakes to avoid for smooth tax compliance.

  • 8th Pay Commission: Can salaries rise by over 60%? Here's how HRA, TA & DA proposals may boost pay for level 1 payments

    The 8th Pay Commission could significantly increase central government salaries if proposals on fitment factor, HRA, TA and DA merger are accepted. While estimates suggest a 60% rise in some cases, the government is yet to take a final decision.

  • ITR filings move at a slow pace as deadline nears: Expert explains why an extension beyond 31 July is unlikely this year

    With the July 31 deadline approaching, only a small percentage of taxpayers have filed their returns. Cleartax CEO Archit Gupta warns against assuming an extension this year, as slower filing rates could lead to increased pressure before the due date.

  • Income-Tax Returns: What is authorised representative? Check full list of circumstances, services, eligibility here

    Income-tax returns: Today we explain the circumstances under which taxpayers can appoint authorised representative, the requirements, eligibility criteria and other important factors.

  • ITR 2026: Senior citizens can claim ₹50,000 deduction even without health insurance —Here's how

    The income tax return filing deadline is approaching, prompting taxpayers to gather documents. Section 80D allows senior citizens without health insurance to claim up to ₹50,000 for medical expenses, available only under the old tax regime.

  • Bought US startup shares using overseas savings? Here's how India will tax it

    A returning NRI who invested overseas savings in a US startup may not face tax on the purchase itself, but discounted acquisitions and annual foreign asset disclosures can trigger tax and compliance obligations.

  • 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 the 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 favour.

  • 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.

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