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GSTN defers locking of table showing inter-state supplies to unregistered persons in monthly returns

GST Network has deferred the implementation of locking Table 3.2 in GSTR-3B, which shows inter-state supplies to unregistered persons and composition taxpayers. This decision comes after taxpayers voiced concerns about the auto-populated data’s accuracy.

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Matrimony.com’s Q4 net profit falls 30 pc, revenue declines

Online matrimonial service provider Matrimony.com on Friday reported a sharp drop in its profit after tax (PAT) and revenue for the fourth quarter (Q4) of FY25.

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Gold climbs Rs 1,400 to Rs 96,450/ 10 g; silver jumps Rs 1,000

Gold prices in Delhi surged by Rs 1,400 to reach Rs 96,450 per 10 grams, driven by increased buying from jewellers and stockists. Silver also saw a rise, appreciating by Rs 1,000 to Rs 98,000 per kg. Internationally, spot gold…

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Akasa Air plans Southeast Asian expansion as Boeing problem eases

Akasa Air is set to significantly expand its operations this fiscal year, focusing on international routes, particularly in Southeast Asia. Despite facing challenges due to Boeing’s production delays, the airline anticipates increased aircraft deliveries. With these improvements, Akasa aims to…

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Piyush Goyal to consider industry plea for extension of QCO deadline for electrical appliances

Commerce and Industry Minister Piyush Goyal is considering extending the implementation timeline for the quality control order (QCO) on electrical appliances following industry concerns. Stakeholders highlighted issues like supply chain complexities, testing infrastructure gaps, and certification challenges. Goyal urged the…

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Cash is still king! Total currency in circulation at Rs 38.1 lakh crore; grows 2.4%

Digital payments are rising, but cash usage in India remains strong. Reserve Bank of India data shows currency in circulation is up. This increase is attributed to rural demand and good crop prices. Cash accounts for a significant portion of…

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  • Tax refunds jump 22% so far, claims Scott Bessent – what should filers look for this season?

    The average tax refund has increased by 22% this season, according to Treasury Secretary Scott Bessent. The IRS has not released official data yet, and early figures can be misleading, says expert.

  • How to earn ₹20,000 per month using SCSS while getting tax benefits? Explained

    SCSS is a government-backed small savings scheme designed for senior citizens to keep their finances steady after retirement. SCSS gives Indians over the age of 60 to have a secure and safe investment avenue.

  • Explained: Can you open more than one PPF account? Here's what government rules say

    Individuals can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year for 15 years in their PPF accounts. This amount is locked in for 15 years, after which you can get your investment back with interests without having to pay any tax.

  • UPI to withdraw PF? EPFO working on new app to make money transfer easy for you, reports claim — How it will work

    The labour ministry is working on a project under which a certain amount of PF money will be frozen, and members will be able to see a large chunk of their provident fund available for withdrawal through their bank using UPI.

  • ₹5 lakh DICGC bank deposit insurance: Is it enough or should the govt increase it?

    DICGC insurance covers 97.6% of the total bank accounts, but only 41.5% of the value (amount) of deposits. The cover was last increased from ₹1 lakh to ₹5 lakh in 2020. In 2025, a proposal to increase it was considered.

  • New income-tax rules may revive interest in old regime for high-income salaried taxpayers

    The recent proposals in the Income Tax Rules enhance education and college hostel allowances and reclassify cities for HRA purposes. These changes may entice salaried individuals to reconsider the old tax regime, especially in high-rent urban areas. 

  • Indian market is 18 months ahead of its fair value: DSP Mutual Fund's Kalpen Parekh

    Despite consolidating over the past year, the market remains expensive and investors should therefore moderate their return expectations, Parekh told Mint in an interview.

  • Beyond the comfort of groups: Why individual health insurance still matters

    Group and affinity health insurance expand coverage, but their short-term nature, hidden risks and lack of continuity make them an unreliable substitute for individual health policies.

  • US 2025 tax returns: What is the deadline to file taxes? What happens if you miss it during the 2026 tax filing season?

    As the 2026 tax filing season comes, it is important to know the deadline for filing 2025 tax returns. Taxpayers who delay filing their taxes often have to face penalties, late fees and other issues.

  • Bond yields are rising. How should you reposition your debt fund portfolio?

    With bond yields firming up, fund managers say debt fund investors need to strike a careful balance in their portfolios to guard against further upside risks. Here’s how they are positioning debt strategies in the current environment.

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