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NFRA flags insufficient audit evidence and incorrect opinion in Singhi & Co audit, finds gaps in independence and documentation

FY24 inspection highlights unsupported audit opinion, weak file integrity, inconsistent sampling and control testing.

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ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growth

Finance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will help India overcome global challenges. The government is also addressing cybersecurity threats from advanced AI models. Sitharaman assures that reforms will continue…

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DPIIT issues operational guidelines for Rs 10,000 crore Startup India Fund of Funds 2.0 scheme

“The Scheme will be implemented through commitments to SEBI-registered Category I and II Alternative Investment Funds (AIFs), which will invest in DPIIT-recognised startups,” the release noted.

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Private sector space investment crosses $600 million in 5 years: Dr. Jitendra Singh

India’s space sector has witnessed over $600 million in private investment in the last five years, Union Minister of State Dr. Jitendra Singh said on Sunday while reviewing initiatives to strengthen the country’s space ecosystem.

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70% of Indian goods to enter New Zealand duty-free under FTA; big boost for MSMEs, says Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Sunday said India and New Zealand will sign a long-pending bilateral trade agreement on Monday, marking a key step to boost trade ties between the two countries. Speaking during his visit to…

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Axis Finance raises Rs 750 crore from Kedaara Capital via preferential issuance

Axis Finance has secured Rs 750 crore from Kedaara Capital through a preferential issuance. This investment follows a Rs 1,500 crore infusion from Axis Bank. The capital boost will strengthen Axis Finance’s financial base and fuel its expansion. The company…

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  • Warren Buffett is giving away $140 billion to charities. But what happens to the taxes?

    Warren Buffett plans to give away his $140 billion stake in Berkshire Hathaway by 2034, donating 12 million shares to four foundations. He emphasises his children's responsibility in managing the wealth while facing criticism over the effectiveness of foundations for aiding vulnerable Americans.

  • Income-tax returns: What is the last date to file your ITR? Here are 5 key things taxpayers should know…

    ITR deadline: While the overall e-filing process has become quicker, the process can be daunting for first-time filers. Here are five key things taxpayers should know to prepare before filing ITR.

  • EPFO underpaid EPS pension by ₹1,350; consumer commission orders refund with interest

    A consumer commission ordered EPFO to refund ₹1,350 plus interest after miscalculating an employee's EPS withdrawal benefit. The commission ruled that EPFO used the wrong factor for calculations, leading to a shortfall in the payout. Details here.

  • Financial freedom at 32, but at what cost? The ₹4.5 crore health warning

    A 32-year-old struggled with health due to long work hours and poor self-care, leading to a diabetes and hypertension diagnosis. His story highlights the relationship between health and financial risk, emphasizing the need for professionals to prioritize well-being alongside career goals.

  • Annapurna Bhandar payment status: Where to complain if money is not credited | Check helpline no & email id

    Women awaiting payments from the Annapurna Bhandar scheme are checking the status of their funds. The scheme replaces the Lakshmi Bhandar and offers helpline numbers for assistance. Possible reasons for delayed payments include banking issues and incorrect application information.

  • Did not file your ITR yet? Why waiting for a deadline extension could hurt your wallet

    Missing the ITR deadline leads to penalties and interest on the unpaid taxes where applicable. Here's why a due date extension is unlikely this year and hence taxpayers should consider filing their tax returns on time. 

  • EPFO: How members can check provident fund, pension claim status using portal, Umang app, SMS or missed call

    EPFO: Today, look at how EPF subscribers can check their claim status — for provident fund withdrawal, transfer, or pension fund — in real-time using the official portal, Umang mobile app, SMS and missed call options.

  • ITR filing 2026: Can professionals and business owners change their tax regime every year?

    The new tax regime is the default for taxpayers, with salaried individuals able to choose annually. Business income taxpayers face restrictive rules, allowing a one-time switch between regimes. 

  • FD at PSU banks vs private banks vs SFBs: Highest interest rates for senior citizens | Check list here

    Fixed deposits offer senior citizens stable returns, protecting their savings from market volatility. Leading small finance banks provide competitive rates for different tenures. 

  • How to pay income tax online? Step-by-step guide and payment modes available

    The e-pay tax facility is a convenient option to pay taxes online as it allows payments via both pre-login and post-login options, and supports multiple payment methods. Details here. 

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