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Top Banks Senior Citizen FD Interest Rates

Top Banks Senior Citizen FD Interest Rates: What You Need to Know Fixed deposits (FDs) remain a popular investment choice, particularly for senior citizens, who often seek safe, predictable income sources. Banks offer slightly higher FD rates for senior citizens,…

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CFO hiring surges as India Inc ramps up financial leadership amid IPO boom and growth challenges

India’s corporate sector is driving strong demand for CFOs, fuelled by IPOs, market volatility, and the need for strategic financial leadership. Startups and established firms alike seek CFOs to navigate complex financial challenges, while shorter tenures reflect evolving career dynamics.

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Record foreign exodus casts a pall over India’s stock market

India’s stock market is experiencing a decline as foreign investors withdraw record funds due to concerns about the slowing post-pandemic economic boom. Despite domestic investments preventing a larger downturn, waning consumer spending and high valuations are causing anxieties. Although the…

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CBDT allows tax officials to waive or reduce interest due from assessee

​The Act also empowers Principal Chief Commissioner (PrCCIT) or Chief Commissioner (CCIT) or Principal Commissioner (PrCIT) or Commissioner rank officers to reduce or waive the amount interest due to be paid.

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India proposes merging regional rural banks to help them shore up capital, document shows

India’s government has put forward a proposal to consolidate the country’s regional rural banks from 43 down to 28. This move aims to bolster the banks’ capital and reduce expenses. These banks, which primarily serve rural communities, held a combined…

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High time for internal audit to deep dive in to ESG issues

In this article, Ashok Haldia, a seasoned finance expert and Chartered Accountant, explores the critical role of internal audit in enhancing ESG governance, emphasizing its potential to assist in navigating ESG and bring integrity in ESG reporting that goes beyond…

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  • Aarogya Setu 2.0 launch today: How India’s new digital health platform may cut healthcare costs

    A smarter healthcare future begins with Aarogya Setu 2.0, bringing digital health records, ABHA integration, insurance support and easier access to medical services. The new platform aims to simplify healthcare access, reduce paperwork and improve patient experiences.

  • 8th Pay Commission: 5 key employee demands take centre stage ahead of crucial July consultations

    8th Pay Commission: Five major employee demands move into focus ahead of July consultations. Demands include pension revision, pay parity, maternity benefits and other allowances.

  • From ITR filing to TDS: 6 major tax deadlines in July 2026 that every taxpayer should know

    July is crucial for taxpayers due to key compliance deadlines, including income tax return filing. Missing deadlines can result in penalties and late fees. Full list of due dates this month.

  • EPFO 3.0: UPI, ATM withdrawal facility rollout date, limit, will you get an ATM card — All questions answered

    EPFO subscribers can soon withdraw provident fund savings via UPI apps and EPF-linked ATMs under the new EPFO 3.0 digital platform. 

  • EPFO portal upgrade: What changes for EPF members, what happens to existing claims, when you can file a new claim

    The EPFO's member and employer portals have been down since June 26 for software upgrades, causing delays in claims processing. Services are anticipated to resume by July 1, 2026. Here's what changes for EPF members among other details.

  • Mumbai IT employee hit with ₹3.36 lakh tax demand after employer fails to deposit TDS — here's what happened next

    A Mumbai IT professional faced a tax demand of ₹3.36 lakh after her employer failed to deposit deducted TDS. The ITAT ruled in her favor, stating tax demands cannot be raised if TDS is deducted but not remitted. Details of the case here.

  • Meet 29-year-old techie who worked ‘undercover’ at Starbucks to launch Matcha House in Manhattan with ₹1.9 crore savings

    Meet 29-year-old software engineer named Michelle Yeung who worked ‘undercover’ at Starbucks to launch Matcha House in Manhattan with ₹1.9 crore savings.

  • How this doctor earning ₹1.51 crore annually amassed investments worth ₹11.32 crore

    Despite earning a modest salary during training, Chan has built an investment portfolio worth around $1.2 million across brokerage, savings and retirement accounts..

  • Gifted money to your wife and she invested it in FD, gold or shares? The income may still be taxable in your hands

    While transferring funds to a spouse may seem advantageous for tax savings, income could be subject to clubbing under Section 64, making it your taxable income. Details here.

  • Bought a flat but possession was delayed? Here's what Supreme Court ruled on Delhi homebuyer's case

    In a recent case, the Supreme Court ruled that homebuyers can claim compensation for delayed possession of their apartments, even after taking possession. Details here.

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