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Lockton India names Girish Mantri as Chief Financial Officer

Prior to joining Lockton, Mantri served as Executive Director and CFO at Howden India. Mantri brings nearly two decades of experience in the insurance broking industry, with a strong background in financial management, regulatory compliance, and corporate governance

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Centre, States equal stakeholder in GST, revenues shared equally: Govt source

Under the current Goods and Services Tax (GST) framework, revenues are shared equally between the Centre and the states. Additionally, 41 per cent of the Centre’s share of the divisible tax pool is allocated to states as per the Finance…

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Proposed GST cut may boost auto jobs, benefit small carmakers: HSBC

​​The government is considering reducing the 28 per cent GST slab to 18 per cent and discontinuing the cess imposed on automobiles.

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Safeguard duty on steel imports may hit auto sector hardest, warns GTRI

The duty, finalised on August 16, will start at 12 per cent in the first year, tapering to 11.5 per cent in the second year and 11 per cent in the third.

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Public sector banks raised nearly Rs 1.54 lakh crore in equity and bonds in 3 fiscals: Minister

Public sector banks (PSBs) raised Rs 1,53,978 crore in the form of both equity and bonds during the last three financial years, the Parliament was informed on Monday.

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Cement stocks on a strong footing in FY26; GST cut could cement further gains

The ongoing rally is being fueled by rising optimism around a potential GST cut on cement, which could significantly boost sector fundamentals.

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  • US shifts $1.7T student loan system to Treasury — what it means for borrowers in default

    While only Congress can formally dismantle the department, the administration is pursuing incremental changes through inter-agency agreements.

  • NRIs selling property in India may have to pay higher taxes: All you need to know

    NRIs reportedly face higher tax implications when selling property in India due to revised capital gains tax rules and increased TDS rates. Proper planning, understanding exemptions, and compliance with regulations are essential to minimise tax liabilities and ensure smooth transactions.

  • What is minimum due on credit card and can not paying full amount affect your credit score?

    The minimum payment is usually about 5% of your total outstanding bill. This is the minimum amount you must pay each month on a credit card.

  • Planning to redeem your mutual funds? Know how FIFO method affects capital gains tax, how it is calculated

    Investing in equity mutual funds is popular for long-term wealth. When redeeming, capital gains tax may apply based on profits and holding periods. The FIFO method determines which units are sold first, impacting tax calculations for short-term and long-term capital gains.

  • 8th Central Pay Commission schedules meetings with unions, associations from 28-30 April 2026 in Delhi — What we know

    8th Pay Commission says it is scheduling maximum meetings with Unions and Associations between 28 to 30 April in Delhi and will hold more meetings in the national capital and in other states “in due course”.

  • How high should your credit score be to secure the best home loan deal?

    The score, which usually ranges from 300 to 900 points, tests one’s capability to pay debts. The significance of a credit score is that it indicates just how creditworthy an individual is.

  • New ITR-4 form introduces mandatory investment disclosure for presumptive taxpayers: Here's how to file step-by-step

    To file ITR-4 for AY 2026-27, visit the Income Tax e-Filing Portal, verify details, enter income and deductions, validate the form, and submit using Aadhaar OTP or EVC. Eligibility includes earning under ₹50 lakh from business, with specific conditions for freelancers and property owners.

  • 8th Pay Commission: Teachers' body demands ₹50,000 basic pay, higher HRA, annual increments, old pension scheme—Details

    PSNM demands a minimum basic pay of ₹50,000 for Level 1 employees and ₹1,34,500 for Level 6 teachers in the 8th Pay Commission. Key demands include higher HRA, annual increments, merging basic pay with DA, and restoring the Old Pension Scheme.

  • Will govt employees be paid DA, DR arrears for Covid times ahead of 8th Pay Commission? What we know

    Central government employees and pensioners await DA and DR arrears from the COVID-19 period. The Finance Ministry confirmed in 2020 that these payments cannot be released, despite ongoing demands. A recent increase of 2% in DA and DR has been approved, effective January 1, 2026.

  • DA hike: How much monthly increase in salary does each employee level get from 2% jump in dearness allowance?

    The Ministry of Finance said Dearness Allowance (DA) payable to central government employees shall be increased from 58% to 60% of Basic Pay, with effect from 1 January 2026. Here's how much that impacts the monthly income…

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