Blog - Advisors India

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Talent mobility company BorderPlus raises $7 million from Owl, others

The funds will be used for enhancing platform capabilities, strengthening partnerships, and expanding its reach through mergers and acquisitions (M&As). The firm has already started training its first batches of nurses, with the training lasting seven to nine months. It…

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Trade tariff worries push rupee to record low, RBI steps in to cap losses

The Indian rupee hit a record low of 87.95 per U.S. dollar on Monday due to fears of new U.S. trade tariffs. The Reserve Bank of India likely intervened by selling dollars to prevent the rupee from falling further. President…

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Meta rollouts mass termination, over 3,600 employees impacted

Meta has begun performance-based layoffs, affecting over 3,600 employees across multiple countries. Impacted workers are being notified via email, losing system access within an hour. The cuts are hitting Europe, Asia-Pacific, and the Americas in phases. Severance details are included,…

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PLI booster: Apple iPhones hit record exports of Rs 1 lakh cr in 10 months this fiscal

“Overall smartphones expected to cross Rs 2.25 lakh crore in FY25,” the union minister informed.

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India’s CDMO market set to double by 2028 amid Asia’s healthcare boom

This surge is driven by India’s strong position in Active Pharmaceutical ingredients (API) and generic drug manufacturing, along with cost advantages over China.

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Rolls-Royce to double sourcing from India over the next five years

Currently, the company said it sources a wide range of high-precision parts and engine components for its civil aerospace, defence and power systems businesses from a variety of Indian partners, without disclosing the overall value of the sourced products.

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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.