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Fintech startup Mysa raises $2.8 million for expansion plan

Mysa, founded by Arpita Kapoor and Mohit Rangaraju, offers a unified finance and banking platform designed to help mid-sized businesses—those with annual revenues or spending between Rs 10 crore and Rs 300 crore—manage their financial operations.

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Rupee extends intervention-spurred gains, hits near two-week high

The Indian rupee hit a near two-week high on Wednesday following a significant intervention by the Reserve Bank of India, forcing the liquidation of bearish positions. The DBS Bank anticipates the rupee to weaken by mid-2025 due to the dollar’s…

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Semiconductor manufacturing tools maker Lam Research commits Rs 10,000 crore investment in India

Lam Research, an American chip-making tools supplier, is set to invest Rs 10,000 crore in Karnataka, India. This move signifies a significant milestone in India’s semiconductor industry growth, following the government’s Rs 76,000 crore incentive package launched in 2021 to…

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Idea is not to maximise revenue, but to collect which is due to govt: CBIC Chair

CBIC Chairman Sanjay Kumar Agarwal emphasized that revenue collection should focus on dues owed to the government. He discussed the importance of collaboration to overcome bottlenecks for India to become a cost-effective global value chain. Agarwal also highlighted training for…

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PM Modi meets Pichai in France, discusses ‘India’s digital transformation’

Prime Minister Narendra Modi met Google CEO Sundar Pichai at the AI Action Summit in Paris to discuss the potential of AI in India and collaborative efforts for digital transformation. They explored leveraging AI to boost India’s economy and security.…

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Cube Highways raises Rs 860 cr from IFC via long-term NCDs

The fundraising is part of Cube InvIT’s broader Rs 4,898 crore debt plan to fund its tranche 2 road assets and capital expenditure for select projects.

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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.