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5,600 startups and counting: UAE leads GCC’s startup revolution

The Gulf Cooperation Council nations are becoming tech hubs. The UAE leads with many startups and investments. Abu Dhabi, Dubai, and Sharjah are key areas. Oman is testing new financial technologies safely. Other Gulf countries are also building their tech…

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AI is empowering chartered accountants, says ICAI president

The two-day national summit, themed “Transforming Accounting, Audit, Tax and Governance,” was organised by ICAI at Baner and drew participation from more than 1,000 CA members, students and dignitaries.

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Allianz and Jio Financial partner for 50:50 reinsurance business

The joint venture marks Jio Financial’s first step into reinsurance and potentially direct insurance, while Allianz repositions after exiting its two-decade-old Bajaj JVs.

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Exclusive: Lok Sabha panel rejects ICMAI, ICSI recommendation; CAs to remain sole ‘accountants’ under new Income Tax Bill

The Lok Sabha Select Committee has not accepted ICMAI and ICSI requests, retaining ICAI’s exclusive rights over tax audit certification and reigniting a longstanding turf war among professional bodies.

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Beyond Profit: Rethinking Financial Health in the Aviation Industry

Can profit alone define an airline’s financial health? Ankur Goel, CFO of Akasa Air, challenges this conventional wisdom, arguing that in India’s volatile aviation sector, true resilience lies in strong cash flows, strategic capital allocation and long-term vision, not just…

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Tax dept enables online utility for ITR-2 filing

Great news for taxpayers in India. The Income Tax Department has enabled online filing for ITR-2. This is for individuals and HUFs with capital gains income. The form is available with pre-filled data on the e-filing portal. This applies to…

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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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