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Arista Networks sees no impact from Trump tariffs, to invest $1 bn in India

The Santa Clara-headquartered vendor has tied up with contract manufacturers Sanmina and VVDN to produce campus equipment and data center products, respectively. It is, however, also going to produce other equipment for consumption in India and in the broader Asia…

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Casio starts local manufacturing of select watch models in India

Casio India has announced the sale of 28 watch models manufactured within the country, commencing in late July. This initiative aligns with national manufacturing efforts and aims to strengthen the company’s market presence.

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New I-T Bill restores exemption for anonymous donations to trusts, TDS refund claim filing procedure

The Lok Sabha has passed the new Income Tax Bill, retaining ITR filing provisions for TDS claims and tax exemptions for anonymous donations to religious-cum-charitable trusts. Professionals with high receipts can now use electronic payment modes.

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92% of Indians plan to maintain or increase festive spending in 2025: Survey

Indian consumers are gearing up for a vibrant festive season in 2025, with 92% planning to maintain or increase spending, according to the JioStar Festive Sentiment Survey. The average festive budget is ₹16,500, with apparel, mobiles, and electronics topping shopping…

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Explained: How does the Income-Tax Bill 2025 change AMT rules for LLPs?

The revised Income Tax Bill 2025 has reinstated the Alternate Minimum Tax (AMT) exemption for Limited Liability Partnerships (LLPs) earning solely long-term capital gains (LTCG). The initial draft’s removal of this exemption created uncertainty, potentially erasing the preferential LTCG rate.…

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US tariff shock: Gujarat’s diamond hubs suffer as export orders dry; 1 lakh jobs gone

The US tariff hike on diamonds has led to nearly 100,000 job losses in Gujarat’s Saurashtra region, impacting small units in Bhavnagar, Amreli, and Junagadh. Export orders have been delayed or cancelled, forcing businesses to consider layoffs and reduced production.…

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News

  • Can RBI’s floating-rate bond improve your debt returns?

    The bond offers an 8.05% interest rate and sovereign backing, but cannot be traded or sold on any exchange.

  • How the proposed GST reforms will leave more money in your wallet

    The government’s new blueprint, GST 2.0, now being considered by a group of ministers (GoM), rests on three big goals: simplifying tax rates; fixing structural issues; and making life easier for both businesses and consumers

  • EPFO Aadhaar UAN linking - What are the latest changes? All you need to know

    The EPFO has introduced new rules for over 27 crore users to link Aadhaar with their UAN, aiming to simplify access to provident fund services and reduce paperwork.

  • Best Mutual Funds: These 6 value schemes delivered over 20% annualised returns in past 3 years

    Value mutual funds follow a value investment strategy with over 65 per cent investment in stocks. These funds identify stocks that are currently undervalued but are expected to perform well over time, as the value is unlocked.

  • Income Tax: After ITR-1 to ITR-5, excel utility of ITR-6 also released

    Income Tax: It is worth mentioning that offline and online utilities of ITR-3 were released on July 30. Prior to this, online and excel utilities were released for other income tax return forms including ITR-1, ITR-2 and ITR-4.

  • Sebi’s AIF rule changes give fund managers more time—but add new challenges

    New Sebi amendments allow Alternate Investment Funds to manage unliquidated assets within existing schemes and extend liquidation timelines, but transparency, valuation, and investor exit hurdles remain.

  • Independence Day: To get freedom from volatility, explore THESE 6 investment options

    Investors can choose safe investing options including fixed deposits, post office deposits, National Saving Certificate (NSC), public provident fund and debt mutual funds

  • Independence Day 2025: SBI rolls out collateral free loans for up to ₹4 lakh for Agniveers

    Under this loan scheme, Agniveers with a salary account at SBI can avail loans up to ₹4 lakh without any collateral and with a complete waiver of processing fee

  • Independence Day 2025: We chased the British out. Now EMIs are chasing us

    Independence Day 2025: The average per-capita debt of individual borrowers has jumped from ₹3.9 lakh in March 2023 to ₹4.8 lakh by March 2025, the highest in our history.

  • Why Shilpa Shetty and Raj Kundra took loan-cum-investment for now-defunct company

    Personal loan: A case has been filed against Shilpa Shetty and Raj Kundra for allegedly duping a businessman of ₹60.4 crore in a loan-cum-investment deal.

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