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Indian rupee rises the most in a month on broad dollar weakness

The Indian rupee gained the most in more than a month on Wednesday as softer U.S. inflation data bolstered hopes of a Federal Reserve rate cut in September, weighing on the dollar.

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GST court passes order against Subway franchisee for not passing rate cut benefit to customer

The GSTAT, in its first profiteering order, found Urban Essence, a Subway franchisee, guilty of not passing on a GST rate cut benefit of Rs 5.47 lakh to customers. The tribunal directed the entity to deposit the profiteered amount with…

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India markets regulator proposes to add algo trading into stock broker regulations

INDIA-SEBI-India markets regulator proposes to add algo trading into stock broker regulations

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Indranil Bhattacharyya set to replace Rajiv Ranjan in RBI’s Monetary Policy Committee: report

Indranil Bhattacharyya, currently the Executive Director of RBI’s Monetary Policy Department since March 19, 2025, is expected to become a member of the Monetary Policy Committee (MPC). He will succeed Rajiv Ranjan, who is reportedly transitioning to head the Department…

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Exclusive: ICMAI likely to urge MCA for amendments to Cost and Works Accountants Act after non-inclusion in tax audits; to meet on Aug 24

After CMAs were not included for tax audit powers in the new Income Tax Bill, ICMAI will meet on August 24 to decide on legal and legislative steps. Will the MCA back amendments, and can Parliament be persuaded to change…

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Ex-RBI chief Duvvuri Subbarao, who steered India through the 2008 crisis, has a ₹7,00,00,00,00,000 tariff warning for India

Former RBI Governor Duvvuri Subbarao warns that India could face economic challenges from potential US tariffs and Chinese dumping. These pressures may undermine manufacturing, slow GDP growth by up to 50 basis points, and worsen jobless growth. He also cautions…

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  • 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…

  • Income-Tax returns: Taxpayers get rebate under Section 87A — Check here for eligibility, limit and rules, explained

    Rebate under Section 87A reduces tax for low to middle-income earners, with different income limits applicable under the old tax regime and the new regime. Check details for eligibility, limits and rules here…

  • Switching health insurers? Here’s how to keep your waiting period benefits

    From porting health insurance without losing waiting period credits to increasing term cover as income rises, here’s what policyholders need to know before making a move.

  • WFH employee moves to Manali, reveals monthly expenses to enjoy snow, free WiFi, homecooked food

    A 23-year-old marketing strategist shared her monthly expenditure in Old Manali. She divided it into non-negotiable and discretionary expenses, giving a reality check of life in the mountains.

  • 5 common credit card mistakes you should avoid

    Credit cards are essential for daily expenses, aiding travel with convenience and rewards. However, misuse can lead to debt and low credit score. Here are 5 common credit card mistakes one should avoid at any cost.

  • ‘I asked ChatGPT how to spend my first ₹50,000 salary’: Check how AI gave Gen Z structured personal finance advice

    I told ChatGPT: ‘I’m Gen Z, fresh into my first job in Bengaluru after moving away from home. My first salary is ₹50,000. So, how to spend it?’ Here's the AI response. 

  • Income-Tax returns: How senior citizens can save tax through benefits and exemptions while filing ITR, explained

    Indian I-T rules allow senior citizens some relief in taxes through deductions, exemptions and compliance activities, that they can use to reduce liability. Here's a look at what's available, which tax regime to choose and how investment planning can help finances and taxes.

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