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BJP CA Cell writes to Centre as delay in 57th GST Council meet keeps key reforms pending

Haryana BJP CA Cell seeks relief on legacy GST disputes, refund bottlenecks and procedural lapses; experts warn prolonged gap in GST Council meetings is delaying critical reforms and increasing compliance uncertainty for businesses.

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Trump says any Iran deal will involve 'no cash', differ from Obama-era agreement

Donald Trump outlined his vision for a future Iran deal. He emphasized no financial concessions would be made, contrasting it with the Obama administration’s agreement. Trump asserted his proposed deal would prevent Iran from acquiring nuclear weapons. Senator Lindsey Graham…

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Diesel, petrol price hike: Fuel rates increased for fourth time since Iran war began

This rise reflects global crude oil price surges and ongoing geopolitical tensions. Oil companies have been facing significant daily losses.

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India can’t escape global oil shock; fuel prices hurting economy, says former BPCL exec

India’s economy is significantly impacted by the global oil shock, with crude prices surging by nearly 60%. Former BPCL Marketing Director Sukhmal Kumar Jain highlighted rising import costs and rupee depreciation as major concerns. He emphasized that the nation’s heavy…

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Lenders urge RBI for hedging support framework to revive overseas borrowing

Indian banks and companies are asking the Reserve Bank of India for help with offshore debt. High costs to protect against currency changes make borrowing abroad more expensive than at home. This is slowing down foreign fundraising. A new support…

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RBI ready to do 'whatever is required' to curb rupee volatility: Sanjay Malhotra

The Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be undervalued. The central bank has tools and reserves to manage volatility. Inflation remains the primary focus for…

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News

  • 8th Pay Commission: Can India afford a 3.5 fitment factor? Salary hike, fiscal impact explained

    8th Pay Commission fitment factor discussions intensify as unions demand a revision of up to 4x in basic salaries, given current inflation, the once-a-decade revision and associated challenges. Here is what the impact of a 3.5 fitment factor will be on salaries, pensions and government finances.

  • Easing ITR compliance: A guide to presumptive taxation under Section 44ADA

    Under this framework, eligible taxpayers are allowed to declare 50% of their gross annual receipts as taxable earnings.

  • Maximising emergency funds: Is a sweep-in fixed deposit your best bet?

    Before shifting your emergency safety net into a sweep-in FD, it is smart to weigh a few operational details, including premature withdrawal policies, minimum balance rules, interest rate gaps, and tax rules.

  • Abu Dhabi rent hike halt sends relief to residents, Indian expats amid US-Iran war; experts weigh in

    Abu Dhabi halts rent hikes temporarily, maintaining current rental amounts in contracts. It provides financial predictability for households and businesses, benefiting expatriates. The decision aligns with broader relief measures introduced post US-Iran war, enhancing household budgeting.

  • Can non-salaried persons claim house rent allowance? HRA rules explained

    An individual can claim a tax deduction under Section 80GG of the Income Tax Act 1961 or under Section 134 of the Income Tax Act 2025.

  • Getting married? Fix these 5 financial red flags before they ruin your future together

    Money matters more than many couples realise. These financial red flags, from hidden debt to poor savings habits, can affect long-term financial stability and relationship success. A couple should consult certified financial experts together to resolve any financial challenges.

  • Want to add a nominee to your EPF account? Here's how; all other FAQs about nomination process answered

    Employees’ Provident Fund Organisation: Want to add a nominee to your employees' provident fund account? Here's how subscribers can do so, and your top nomination process related FAQs answered by the EPFO.

  • Trading salary for Esops? The four tests that help you do the math

    Esops are not lottery tickets. But they become lottery tickets when people stop doing the math.

  • Financial stress management explained: 5 practical ways to reduce money anxiety and improve financial control

    Take charge of your money today with practical financial stress-management strategies that reduce money anxiety, build savings, and help you create long-term financial stability. Don't hesitate to take professional guidance from a certified financial advisor if financial problems remain. 

  • Small caps are rallying again. Should you get on board or stay away?

    Small cap mutual funds are drawing record inflows, driven by attractive valuations and a broader economic recovery. But investors still need a five-to-seven-year horizon and an SIP mindset to beat the volatility.

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