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Finmin appoints SBI Chairman C S Setty, Uday Kotak as governing council members of NIIF Trustee

Two new members have joined the Governing Council of NIIF Trustee Ltd. SBI Chairman C S Setty replaces Dinesh Khara, and Uday Kotak takes over from T V Mohandas Pai. They join under the approval of Finance Minister Nirmala Sitharaman.…

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MeitY ties up with IITs for skill development to boost semiconductor sector

The Ministry of Electronics & Information Technology is focusing on training and skill development for India’s growing semiconductor sector. MeitY is partnering with institutions like IITs to enhance skills in semiconductor manufacturing. The government has approved five projects under the…

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Jyotiraditya Scindia meets telecom equipment manufacturers to discuss boosting production

The Department of Telecommunications (DoT) has formed six advisory committees consisting of industry stakeholders. The minister routinely meets stakeholders of the committees to take an update of the sector.

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India to simplify decades-old income tax filing rules in Budget

India plans to simplify income tax filing rules to make it less tedious for taxpayers and reduce disputes. The changes being discussed include using formulas and tables, and reducing additional forms. The revised legislation is expected to be released for…

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Run-up to Budget 2025: Expand tax deferment on ESOPs to boost start-ups

The 2020 tax deferment policy for ESOPs aims to address immediate tax liabilities and financial strain on startups. Despite its potential, applicability is limited to only 3,605 IMB-certified startups. NASSCOM recommends expanding eligibility to all DPIIT-recognized startups to attract talent…

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AI agents will revolutionise SaaS and productivity: Microsoft CEO Satya Nadella

Microsoft’s Satya Nadella predicts that AI agents will revolutionise SaaS by automating business processes, creating a tier of multi-agent orchestration. He sees 2025 as a pivotal year for large language models. Nandan Nilekani highlights India’s strength in AI application development,…

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  • Dearness Allowance: Could employees get 3-4% DA hike announcement this month? Here's what the numbers indicate

    Dearness Allowance: DA is revised twice a year by the All-India Consumer Price Index (AICPI) to match cost-of-living. Here's a look at the numbers and whether employees could get 3-4% DA hike this month…

  • Will your PF corpus shrink due to ₹1,800 contribution cap? EPF-2026 rules bring employer contribution into focus

    The central government has introduced the EPF Scheme, 2026, mandating a fixed monthly contribution of ₹1,800 each from employees and employers. Here's how the new rules may shrink your final provident fund corpus. 

  • I-T dept allows charitable trusts to seek fresh approval post deadline, taxpayers to get 80G relief

    The deadline to apply for fresh approval expired on 30 September 2025. Following this, all the applications made by charitable trusts were rejected purely on the grounds of delay in seeking approval. With the latest circular, the I-T department has provided relief to these charities.

  • How much retirement corpus do you need if you have ₹1 lakh monthly expenses now? Experts say it depends on these factors

    Retirement planning involves personalised strategies for investing according to risk appetite and anticipated lifestyle changes. Factors such as inflation and healthcare costs must be incorporated into the calculation of the necessary retirement corpus. 

  • EPFO: Documents and errors — Here are the top reasons your employees' provident fund claims could be rejected, explained

    Employees' Provident Fund Organisation: We take a look at the top four reasons an EPF subscriber's claim for their employees' provident fund may be rejected. Check the reasons here, explained.

  • 4 small-cap schemes delivered over 30% in 3 months. Do you own any?

    The small-cap mutual fund category returned an average 22.41% in the past three months, outperforming the Nifty Smallcap 250 TRI. Four schemes delivered over 30%, but only one has a track record that extends beyond five years.

  • Paytm Europe granted licence by Luxembourg financial authority for credit, funds transfer, payments — Here's all we know

    Paytm Europe has been granted a payment institution licence by the Luxembourg financial supervisory authority CSSF to conduct credit and funds transfers, and payment transactions. Here's all you need to know…

  • ITR 2026: Who must file tax return even if their income is below ₹4 lakh?

    Many taxpayers mistakenly believe they only need to file an income tax return (ITR) if their income exceeds ₹4 lakh. However, various situations, such as high-value transactions and foreign assets, require mandatory ITR filing regardless of income level. 

  • IRDAI plans insurance commission overhaul to curb mis‑selling with staggered payouts and stricter transparency rules

    IRDAI plans to implement staggered commissions, spreading payouts over the policy term to improve transparency, reduce churn and align distributor incentives with customer needs across India’s insurance market.

  • ₹4,764 crore revenue from hydration breaks, ₹22 crore for a Final ticket: The insane numbers behind FIFA World Cup 2026

    The FIFA World Cup 2026 is set to be the most profitable tournament ever, with a prize pool of $871 million and the winning nation receiving $50 million. Ticket prices and broadcasting rights are significantly higher than in previous tournaments.

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