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May 2024 sees GST collection at Rs 1.73 lakh crore, records 10% YoY growth

The GST collection has eased from the record high of Rs 2.1 lakh crore collected in April.

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Strategic Implementation of Technology by CFOs for Optimisation

In this insightful article, Clifford Lobo, CFO of WeWork India, explores how today’s CFOs drive digital transformation, enhance operational efficiency, and ensure sustainable growth through strategic technology adoption.

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Indian Labour Market: The Vital Role of Staffing Companies and Future Outlook

Authored by Sanjeev Jha, CFO of Persolkely India, this comprehensive article delves into the dynamic Indian labour market, the crucial role of staffing companies, and key trends and challenges shaping the next decade. Highlights include workforce composition, informal sector dominance,…

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ETtech Deals Digest: Startup funding in May rises 62% on year to $817 million

New-age startups raised $817.2 million in May 2024, up 62% from last year, with top investor Venture Catalysts leading funding rounds for startups like Zypp Electric.

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Govt urges over 100 corporates to setup incubation centers for manufacturing startups

Startups and entrepreneurs in the nation have been playing a significant role in shifting global value chains to India by creating and innovating domestically. The National Council for Cement and Building Materials has already set up the centre.

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Audit panels of companies can’t escape blame by citing auditors’ failure: NFRA chief

NFRA chairman Ajay Bhushan Pandey emphasized the audit committee’s responsibility in ensuring accurate financial statements, even if auditors fail in their duty. He highlighted the need for meaningful communication between audit committees and auditors, stating that it should not be…

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News

  • Critical illness cover: Who needs it and what to watch for

    Regular health insurance pays for treatment. Critical illness plans provide a lump-sum payout that can help replace income and cover expenses that arise beyond hospital bills.

  • AI may change the world. That doesn’t make it a good investment

    Whether AI is a bubble will be known only after the fact. For investors, the more important question is how much risk they take while waiting for the answer.

  • Bank holiday next week: SBI, HDFC, others closed for four days between June 22 and June 28; check here

    Private and public sector banks in India will be closed for four days next week from 25 to 28 June 2026 due to regional holidays, including Muharrum and weekends. Customers should check the RBI holiday calendar for specific bank closures across different states.

  • Renting a house but not receiving HRA? Non-salaried individuals can still claim tax deduction on rent

    Non-salaried individuals, including freelancers and business owners, cannot claim HRA, which are exclusive to salaried employees. But there's another way to do it.

  • Using ChatGPT or Claude AI to file ITR? Experts warn it may not be as reliable as you think

    As tax season begins, professionals are using AI tools like ChatGPT to simplify tax filing despite concerns over reliability. Experts warn that these tools struggle with complex tax situations and lack accuracy, leading to security risks and errors. Details here.

  • India’s crypto boom is moving beyond men in metros: How women and small-towns are driving the shift?

    India's crypto market is experiencing a shift as women and non-metro investors gain influence, focusing on long-term strategies. This trend fosters a more stable ecosystem, with women showing patience and discipline, while Tier 2 and 3 cities broaden the digital asset landscape.

  • Bihar approves Sindhu Darshan Yatra grant: Pilgrims can claim up to ₹20,000 travel reimbursement

    Named the Sindhu Darshan Pilgrimage Financial Assistance Grant Scheme, 2026, the initiative seeks to support pilgrims by partially reimbursing their travel expenses

  • Income tax scrutiny: Who could get a tax notice by June 30 and how to respond?

    Taxpayers should note that June 30 is the deadline for scrutiny notices under Section 143(2) for ITRs filed during FY 2025-26. Here are cases when you may receive a notice and what to do next.

  • I asked ChatGPT to plan the cheapest possible trip to the Maldives for 2 — It gave a modest ₹1.4 lakh budget

    ChatGPT's ₹1.4 lakh Maldives trip for two on a bare-minimum budget really caught me by surprise.

  • Can a 29-year-old achieve FIRE by 40 with a ₹1 lakh monthly home loan EMI? I asked ChatGPT

    For a 29-year-old techie with exactly half of their take-home pay wiped out by home loan EMI, I asked ChatGPT if an 11-year window is enough for early retirement.

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