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GCCs to contribute 2% to India’s GDP, create 2.8 million jobs by 2030: Report

India is becoming a global hub for global capability centres (GCCs), projected to contribute 2% of the nation’s GDP and generate 2.8 million jobs by 2030. With over 1700 GCCs in 2023-24, India attracts MNCs due to its skilled workforce…

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Trump says India may pay 20% to 25% tariff but not yet final

Donald Trump suggests India may face tariff rates of 20% to 25%. This comes as the US and India negotiate a trade deal before an August 1 deadline. Trump states India charges high tariffs. The US seeks greater market access…

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India cannot ‘switch off its economy’, says envoy to UK on Russian oil imports

India’s High Commissioner to the UK, Vikram Doraiswami, defended India’s oil imports from Russia, emphasizing the necessity to sustain the nation’s economy

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ICAI notifies rules to limit annual tax audits to 60 per partner

To discourage audit assignment concentration among senior partners and curb anti-competitive practices, the Institute of Chartered Accountants of India (ICAI) has set new guidelines. Effective April 2026, these guidelines limit each accounting firm partner to a maximum of 60 tax…

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No change in tax rates under Income Tax Bill 2025: IT Department

The Income Tax Department on Tuesday issued a clarification on the proposed Income Tax Bill 2025, saying the bill is only meant to simplify language and remove redundant or outdated provisions, and does not propose any change in tax rates.

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Real estate sentiment rebounds as stakeholders place confidence on macro stability

India’s real estate sector is recovering after a subdued period. Improved macroeconomic conditions and easing liquidity are supporting investment decisions. Sentiment scores are rising, reflecting confidence in the medium-term outlook. Office leasing and premium housing demand are driving the recovery.…

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  • I bought an apartment in 2013 but registered it only in 2025. What is the year of acquisition?

    If you had entered into an agreement with the builder in 2013 and the registration was undertaken only in August 2025, the date of acquisition would be the date of the agreement, i.e. 2013, and not the date of registration.

  • Can I use MF sales proceeds to pay home loan and get Section 54F benefit?

    Section 54F exemption is unavailable because the residential property was acquired more than one year before the sale of the MF units. While the exemption fails the timing criteria, taxpayers can still use Section 80C and Section 24 deductions for principal, interest repayments under old tax regime.

  • Advance tax deadline today: Can you pay the final instalment on 15 March via credit card?

    The final advance tax payment deadline for FY 2025-26 is 15 March 2026. Payments can be made via the e-filing portal, including credit cards, which may incur fees. Details here. 

  • How global reporting may pull crypto bets out of the grey zone

    Through a series of legislative changes in 2025 and 2026, India has operationalized a reporting framework aligned with the OECD’s Crypto-Asset Reporting Framework, aiming to move crypto from an opaque asset class into a transparent financial instrument.

  • Gold investment taxation explained: Jewellery, gold ETF vs sovereign gold bonds

    The investments in gold products of this category are treated as capital asset under the income tax laws so any gains realised over its acquisition cost is taxed under the head ‘capital gains’.

  • The Netherlands’ new tax experiment—and why investors should worry

    The Netherlands plans to tax unrealized investment gains from 2028. India’s experience with punitive wealth and income taxes in the 1970s shows why taxing paper wealth can distort markets and behaviour.

  • Advance tax deadline today news LIVE: Final instalment to be paid on 15 March — what happens if you miss it?

    Advance Tax Deadline News Today LIVE: The due date for paying the fourth and final instalment for the financial year 2025–26 is on Sunday, 15 March 2026. Check who needs to pay, how to pay online, among other details.

  • Fake it till you make it? This CA disagrees, warns obsession with looking rich, fastest way to stay broke — Here's why

    CA Nithin Kaushik warns that the obsession with looking rich and faking wealth is the fastest way to stay broke. Feels real financial independence and power allows you freedom to say “no”. He explains…

  • PSU mutual funds defy market slump in 2026 with strong three- and five-year returns

    Mutual Funds, which deploy money exclusively in shares of PSUs, are among the only three equity fund categories that have given positive returns so far in 2026.

  • PPF withdrawal: Here's how you can access your public provident fund balance before the lock-in period ends

    The Public Provident Fund is a low-risk savings scheme with a fixed interest rate of 7.1%, suitable for retirement planning and tax benefits. Here's how you can withdraw your funds before the lock-in period ends…

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