Blog - Advisors India

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Allcargo Logistics targets ₹3,000 cr revenue by FY30, CFO bets on pricing and service quality

Allcargo Logistics aims for over ₹3,000 crore revenue by FY30, driven by service quality and disciplined pricing, said CFO Deepak Pareek. Pareek also spoke on how the company is navigating fuel cost volatility, the pricing actions built into FY27 assumptions,…

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upGrad appoints former JioStar finance head Mukesh Mundra as CFO

Edtech firm upGrad has appointed Mukesh Mundra as its new Chief Financial Officer to bolster its financial leadership during global expansion. With over 26 years of experience in diverse sectors, Mundra will oversee finance and administration, focusing on strategy and…

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Welspun World appoints former ACME Solar executive Rajat Kumar Singh as Group CFO

Welspun World has appointed Rajat Kumar Singh as its new Director and Group Chief Financial Officer, effective June 1. Singh will lead financial strategy, capital allocation, and investor relations to support the conglomerate’s growth and expansion. His extensive experience in…

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Wilmar International chief says India must target 60% self-sufficiency in edible oils

India needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-sufficiency. This move is crucial given India’s vast consumption and current reliance on imports. Stable government policies are key to encouraging…

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New IIP series to cover rare earths, gas supply; RE to get separate index

India will launch an updated Index of Industrial Production on June 1 It will offer more detailed tracking of industrial activity.

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PSU closure: Govt sets in motion new move after years wasted in stop-start process

The Centre is pushing ministries to accelerate the closure of unprofitable state-owned companies. Progress has been slow despite a policy approved eight years ago. Only one company has effectively ceased operations. The government aims to expedite these closures, addressing concerns…

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Punjab HC reserves judgement on Punjab govt, state power corporation's pleas seeking stay on DA release order
The Punjab HC reserved judgement on pleas filed by the state and PSPCL against a previous court order directing release of Dearness Allowance for state employees and pensioners by 30 June. Here's all we know…
Foreign salary in NRE account not taxable for NRIs, ITAT quashes ₹12 lakh tax demand
The ITAT Ahmedabad has ruled that foreign salary earned outside India does not become taxable merely because it is credited to an NRE account or because TDS is deducted using an Indian TAN. 
The cost investors pay for chasing growth
The hope is that enough companies exceed expectations and justify lofty valuations, offsetting those that stumble. But the real risk lies not in company performance, but in how we allocate capital.
Can children claim a share in property inherited by their father? Karnataka HC explains when they can—and cannot
The Karnataka High Court ruling clarifies that property received by a father from his own father does not automatically become ancestral. Children cannot claim a birthright in such assets if they remain the father's self-acquired property. 
Cash deposits below ₹10 lakh can still attract an Income Tax notice. Here's why
The ₹10 lakh threshold under Rule 114E only determines when banks must report cash deposits through the Statement of Financial Transactions (SFT). It does not prevent the Income Tax Department from seeking information about deposits below that limit where required under the Income-tax Act.
Section 44ADA: How freelancers and professionals can legally pay tax only on 50% of their total income
Section 44ADA allows eligible professionals to pay tax on 50% of their gross receipts as taxable income, treating the rest as a deemed expense deduction. The scheme applies to specified professionals with receipts up to ₹50 lakh, extendable to ₹75 lakh if cash receipts are within 5%.
Over 3 crore ITRs already filed: What happens if you miss 31 July deadline? Tax experts explain
With more than 3 crore Income Tax Returns already filed, taxpayers have a limited time before the 31 July 2026 deadline. Missing it can lead to late-filing fees, interest, refund delays, psychological stress, and loss of tax benefits, making timely filing essential.
Nifty Smallcap index saw over 20% intra-year declines in 12 of 20 years: What history reveals about timing the market
Small-cap investing has historically delivered strong return potential but with frequent sharp corrections. Data from Nifty Smallcap 250 TRI show that staying invested through volatility and adopting disciplined approaches, such as SIPs, reduces the impact of market timing on long-term outcomes.
Forgot your UAN? Here's how to retrieve it online through the EPFO portal
The Universal Account Number (UAN) is essential for checking your PF balance, filing claims and accessing other EPFO services. Here's how members can recover a forgotten UAN online or through EPFO's offline facilities.
EPF vs mutual funds: Why EPFO says your provident fund should remain foundation of retirement planning
EPFO has urged salaried employees not to withdraw EPF savings for mutual funds, highlighting EPF's retirement, pension and insurance benefits. Here's how EPF differs from mutual funds, key features, tax benefits and practical investment takeaways for long-term financial planning.