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Quick commerce firms chase brand ad dollars to boost revenue, margins

Quick commerce platforms are ramping up pressure on sellers to spend big on ads, chasing high-margin revenues to stem their mounting losses. Swiggy Instamart has rolled out tiered onboarding packages priced between Rs 4.5 lakh and Rs 9 lakh, which…

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IMF urges India to ease import curbs, liberalise FDI norms to maintain external balance

The International Monetary Fund has called on India to consider lifting import barriers, fostering a more favorable environment for private investments, and liberalizing foreign direct investment policies to support a stable external balance.

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SBI to file CBI complaint after tagging RCom, Anil Ambani as ‘Fraud’: MoS Pankaj Chaudhary

Minister of State for Finance, Pankaj Chaudhary, stated in Parliament that the State Bank of India (SBI) has classified Reliance Communications Limited (RCOM), along with Promoter Director Anil D. Ambani, as “Fraud” in accordance with the Reserve Bank of India’s…

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ACC endorses sacking of Shipping Corp’s finance director Acharya

The Public Enterprises Selection Board (PESB), the government’s head-hunter, has called applications to pick the next finance director at SCI. The last date for filing applications is August 7.

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Jobs demanding AI expertise pay 28% more, survey finds

Jobs requiring AI skills now offer nearly $18,000 more in annual pay, with over 51% of these roles emerging outside the tech sector, according to the recent data released by Lightcast. Industries such as HR, marketing, and finance are accelerating…

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Finance Commission needs to focus on strengthening local bodies, says Raghuram Rajan

Former RBI Governor Raghuram Rajan suggests the 16th Finance Commission should prioritize devolving more funds to local bodies for effective problem-solving. He emphasized decentralization, drawing comparisons to China and the US. Rajan also commented on the PLI scheme’s impact on…

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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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