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After festive spending rush, credit cards back in wallet

Credit card spending in India decreased by over 16% to ₹1.70 lakh crore in November from October’s high of ₹2.02 lakh crore, reflecting post-festive season consumer sentiment. Axis Bank experienced the largest drop, with a nearly 24% decline in spending.

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Popcorn, in loose form, sold in movie theatres to attract 5% GST

Popcorn sold in loose form in movie theatres will continue to attract a GST rate of 5 per cent. If popcorn is sold together with a movie ticket, it will be taxed at the rate applicable to the ticket. Popcorn…

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Gopal Snacks CFO Mukesh Kumar Shah resigns

Having joined the company in June of 2023, the CFO Mukesh Kumar Shah has decided to step down to pursue career opportunities outside the company, with his last working day set for January 21, 2025.

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India as a global talent hub for accounting and finance professionals

India’s financial sector is growing in importance globally. The demand is high for professionals with global certifications like CPA and ACCA. With India’s strong education system and adaptability to technology, the country can become a leading global finance talent hub.…

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India’s push for home-grown satellite constellation gets 30 aspirants

The regulator had sought “expressions of interest” (EoI) in July to build home-grown satellite constellations as part of a broader strategy to monetize the sector and ensure data sovereignty.

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Mahindra Tractors partners with PNB for dealer finance solutions

PNB Chief General Manager and Zonal Head, Mumbai Zone, Firoz Hasnain said the initiative underscores the bank’s commitment in supporting the growth of businesses across sectors, specially MSME and agriculture by providing them with customised financial solutions.

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News

  • New EPF Scheme 2026 comes into effect: Here's what changes and what remains the same for EPFO subscribers, explained

    The government's new EPF Scheme 2026 has come into effect as part of the Social Security Code 2020. Today, we explore and explain how and what has changed for EPFO subscribers and what remains the same.

  • EPS-2026 rules: Will you get pension if you leave your job before completing 10 years of service?

    The central government has implemented EPS, 2026, replacing older pension schemes. Key provisions remain intact, but questions about eligibility for employees leaving before 10 years persist. Here's what the new rules say.

  • Yen at record low: Should Indian investors be worried? Experts weigh in

    The yen’s weakness is not just a Japan story. For Indian investors, the impact is mostly indirect. While short-term volatility may rise if global carry trades unwind, experts agree that disciplined long-term investing remains the most effective way to navigate these macro cycles.

  • EPS-2026 replaces EPS-95: Does the ₹1,000 minimum pension continue? Here's what has changed

    The Centre has introduced the Employees' Pension Scheme (EPS), 2026, replacing older versions. While procedural changes have been made, the minimum monthly pension remains fixed at ₹1,000, unchanged since 2014.

  • Bajaj Auto's ₹5,632 crore buyback: How will your buyback proceeds be taxed?

    Bajaj Auto's ₹5,632.8-crore share buyback will be taxed under the new capital gains framework that came into effect on April 1, 2026, changing how shareholders report and pay tax on shares accepted in the buyback.

  • Mis-sold insurance? How to challenge a forced insurance policy sold as an FD

    If an insurance policy has been issued without informed consent or through misrepresentation, the policyholder has the right to challenge the transaction.

  • 8th pay commission: Here's how much minimum estimate of 1.83 fitment factor can hike salaries for employees

    8th pay commission: With discussions underway, we calculate how much of a salary hike the minimum estimate of 1.83 fitment factor could provide for central government employees and pensioners. Here's a look…

  • Why Schedule FA is about complete disclosures, not precise valuations

    Indian residents with foreign stocks, employee stock ownership plan or bank accounts must disclose them in Schedule FA regardless of whether they were sold. 

  • Why every loan default deserves a different recovery strategy

    AI and behavioural data can help lenders tailor debt recovery to each borrower's circumstances—improving repayments while replacing aggressive collections with more empathetic engagement.

  • How ITR will decide motor accident compensation: SC issues new guidelines for salaried, self-employed and non-filers

    The Supreme Court clarified income assessment for motor accident compensation, addressing salaried and self-employed individuals, and non-filers. Details here.

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