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Cigarette tax hike may boost illicit trade, hurt employment and tax revenue: Report

With the new excise tax on cigarettes set to drive up prices, authorities may unwittingly trigger a rise in clandestine cigarette trade. This could pose challenges for tax collection efforts, while farmers dedicated to FCV crops might experience a slump…

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Govt to expand trust-based tax regime, create large pool of 'trusted entities': Revenue Secretary

The government plans to expand the concept of trusted entities beyond the existing Authorised Economic Operator (AEO) framework, said Arvind Shrivastava, Revenue Secretary, Ministry of Finance. He said trusted manufacturers, importers or exporters who regularly deal in known goods from…

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India could capture $30 trillion of new value in three decades in an AI-driven world: Mukesh Ambani

That scale of opportunity, Ambani said, leaves room for far more large enterprises to emerge over the coming decades, with startups and young entrepreneurs playing a central role despite persistent and evolving challenges.

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Infosys, Wipro, TCS and other IT stocks tumble up to 7%. Here’s why

IT stocks like Infosys, TCS, Wipro and Persistent saw declines of up to 7% following Anthropic’s launch of AI tools for corporate legal teams. This development intensified fears of increased competition and margin pressure for software companies, contributing to a…

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RBI's box-checking is so old in new-age frauds, big shift on way for bank supervision

The Reserve Bank of India is considering a significant overhaul of its lender supervision, moving beyond traditional ratio analysis to a deeper examination of banks’ business models. This shift aims to identify risks earlier, especially as India’s banking system expands…

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Data centres, logistics parks could help build REIT frenzy

According to FICCI- Anarock, India joined the REIT movement later than many global counterparts and in seven years, has reached a market capitalisation of nearly $18 billion – driven by five listed REITs.

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News

  • 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.

  • How to ensure your retirement corpus does not run out early

    With proper planning, a little bit of caution and effort, you can have a smooth retirement. 

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