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US advisory co votes to oust Bina Modi from board of Godfrey Phillips, backs son Samir

Glass Lewis also advised shareholders to vote against Samir Modi’s ouster from the company’s board, according to a report by the firm, seen by ET. Bina Modi, 79, is the mother of Samir Modi. Her reappointment proposal will require the…

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No ‘hard approach’ with taxpayers in initial stage, Finance Minister advises officials

Finance Minister Nirmala Sitharaman advised tax officials to avoid taking a “hard approach” with taxpayers at the early stages and instead focus on resolving doubts to prevent grievances. At the launch of a new GST office in Udaipur, she emphasized…

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Anil Ambani’s Reliance Home Finances’ audit finds Rs 8,884 cr outstanding loans to indirect entities

As the Securities and Exchange Board of India (SEBI) barred Anil Ambani and 24 other entities from the capital markets for five years, the forensic audit of Reliance Home Finance Ltd found the company still had loans worth Rs 8,884.5…

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CA’s should be ‘extra careful’ while auditing listed SMEs : SEBI

Ashwani Bhatia, Sebi’s whole-time member, urged chartered accountants to be extra diligent when auditing listed SMEs, emphasizing their growth potential. He highlighted that SME entities had raised Rs 14,000 crore, with Rs 6,000 crore in FY24 alone. Bhatia also noted…

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India Inc’s POSH promises aren’t saving women from workplace abuse

​Women’s workforce participation rate remains low, and they continue to face safety issues. There are enough news reports to show the gruesome cases women face at workplaces, and these are a clear example of how lack of safety is a…

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India Inc looks within for top bosses amid focus on succession

​About half (52%) of the companies refreshed their corner offices in the past five years, with more than two-thirds of them elevating internal candidates and less than a third turning to external hires, showed the data, put together by executive…

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  • Pay commission: Here's what Mumbai BEST bus employees are demanding on salary increase, gratuity payments

    The Mumbai BEST bus employee unions have made multiple demands from the Maharashtra state government regarding salary hike, implementation of the 7th pay commission recommendations, retirement and gratuity payments.

  • 6th vs 7th vs 8th Pay Commission: Why the widening basic pay gap is drawing attention

    A widening pay gap is emerging as a key concern for the 8th Pay Commission. While salaries have increased across government services during earlier pay commissions, the rise in top-level basic pay has outpaced that of minimum pay, fuelling demands for a fairer, more balanced compensation structure.

  • Dearness allowance: Here’s why 20% DA hike is significant for West Bengal state govt employees

    Dearness allowance: Here’s why West Bengal's 20% DA hike is significant for state government employees and retired pensioners. Check here to see how much of the salary gap has been reduced…

  • Senior citizens can now earn up to 7.95% on FDs as Bandhan Bank revises deposit rates | Check tenure and other details

    Bandhan Bank announced competitive interest rates, raising.fixed deposit rates by up to 20 basis points. Senior citizens can earn up to 7.95% on two-to-three-year deposits. 

  • SEBI eases NISM certification norms for relationship managers, sales executives | Full details here

    Sebi has simplified the NISM certification process for sales and non-core staff in investment advisory roles, allowing them to obtain a lighter certification module based on feedback from market participants. This change aims to ease compliance for firms and will take effect immediately.

  • I asked ChatGPT if ₹5 crore is enough to retire in India. Here's what it said

    A 45-year-old professional in Delhi estimates that ₹5 crore can support his retirement. With anticipated post-retirement expenses of approximately ₹15.8 lakh annually, the corpus exceeds this need, demonstrating the importance of calculating future expenses

  • Earning 15 LPA? Here's how much you can save in taxes in new and old regime

    For salaried individuals earning ₹15 lakh a year, the choice between the old and new tax regime can significantly affect their tax outgo. Here's a detailed comparison of how much tax you may pay under each regime.

  • I asked ChatGPT: How much emergency fund a family really needs in 2026, here what the math said

    In 2026, a family in Noida should maintain an emergency fund of around ₹17 lakh, based on monthly expenses of ₹1.4 lakh. This amount provides a financial cushion for one year during unemployment, ensuring uninterrupted living costs.

  • Normal SIP, fixed top-up SIP, or variable top-up SIP: Which approach created more wealth over the years?

    The analysis shows that while a regular SIP can create significant wealth over the long term, investors who increase their SIP contributions periodically stand a much better chance of building a larger corpus.

  • Living in Bengaluru, Pune or Hyderabad? Your tax benefits just got bigger – What you need to know about new HRA rules

    The CBDT has revised HRA rules, expanding benefits for taxpayers in major urban areas and increasing compliance requirements. New metro cities added for HRA exemptions could lead to higher tax savings for employees in cities like Bengaluru and Hyderabad under the Old Tax Regime.

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