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India’s WPI inflation in July likely drops to 2-year low as food prices decline: Report

Wholesale inflation in India likely dropped to a near two-year low in July, due to a significant decline in food and fuel prices, according to a Union Bank of India report.

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ICAI expands mandatory audit quality maturity model to more firms from April 2026

The ICAI is expanding the mandatory applicability of its Audit Quality Maturity Model (AQMM) in phases, starting April 1, 2026. This expansion includes firms auditing entities related to listed companies, large unlisted public companies, and those raising significant public funds.…

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Arista Networks sees no impact from Trump tariffs, to invest $1 bn in India

The Santa Clara-headquartered vendor has tied up with contract manufacturers Sanmina and VVDN to produce campus equipment and data center products, respectively. It is, however, also going to produce other equipment for consumption in India and in the broader Asia…

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Casio starts local manufacturing of select watch models in India

Casio India has announced the sale of 28 watch models manufactured within the country, commencing in late July. This initiative aligns with national manufacturing efforts and aims to strengthen the company’s market presence.

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New I-T Bill restores exemption for anonymous donations to trusts, TDS refund claim filing procedure

The Lok Sabha has passed the new Income Tax Bill, retaining ITR filing provisions for TDS claims and tax exemptions for anonymous donations to religious-cum-charitable trusts. Professionals with high receipts can now use electronic payment modes.

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92% of Indians plan to maintain or increase festive spending in 2025: Survey

Indian consumers are gearing up for a vibrant festive season in 2025, with 92% planning to maintain or increase spending, according to the JioStar Festive Sentiment Survey. The average festive budget is ₹16,500, with apparel, mobiles, and electronics topping shopping…

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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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