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NUCFDC and IIA India partner to elevate governance in UCBs

NUCFDC has partnered with IIA India to enhance governance and internal audit standards in Urban Cooperative Banks (UCBs). The alliance will help UCBs adopt globally benchmarked audit frameworks and improve risk management capabilities. This move aligns with regulatory goals to…

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Paytm gives out details of where and how it used IPO money

Paytm allocated ₹4,300 crore from its IPO to strengthen its ecosystem, focusing on user acquisition, merchant partnerships, and its payments platform. While ₹2,000 crore was earmarked for new ventures, it remains unutilized. Paytm reported a Q1 FY26 net profit of…

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Google Play, Android fuel Rs 4 lakh crore app revenue, economy boost in India during 2024: Report

A new report indicates significant revenue generation in India. Google Play and Android created approximately Rs 4 lakh crore for app developers and the Indian economy in 2024. The app ecosystem supported over thirty-five lakh jobs. India has a large…

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India to be 3rd-largest economy by 2028, to reach $10.6 trillion by 2035: Morgan Stanley

A Morgan Stanley report on Wednesday said it expects India’s economy to be the third-largest globally by 2028 and more than double in size to $10.6 trillion by 2035.

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GST notices based on UPI transaction: Traders on warpath, official calls action proper

Karnataka traders are protesting GST demand notices based on UPI data, prompting a strike call. A tax official clarified the notices are preliminary, allowing traders to provide documentation and seek exemptions. Concerns remain about the suddenness and lack of clarity,…

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GST demand over UPI credits: CM Siddaramaiah to meet stakeholders on Wednesday

Karnataka CM Siddaramaiah will meet stakeholders over GST notices sent to small traders based on UPI data, demanding tax arrears. Widespread protests are planned, with traders rejecting digital payments. The state blames the Centre, while BJP offers legal help. Rahul…

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News

  • 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…

  • How to merge multiple PF accounts after switching jobs: Step-by-step guide

    Switching jobs often results in multiple EPF accounts under the same UAN. Employees must request EPFO to merge these accounts to ensure all retirement savings are consolidated. Here's how to do it online. 

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