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ICAI expands mandatory applicability of audit quality evaluation matrix

​In a peer review, an independent auditor usually verifies the audit processes, procedures and documentations followed by the auditor of a firm and issues a report. Such reviews serve to improve the credibility of auditors involved and their audit quality.

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India's data centre market to reach $22 billion by 2030

​Between 2020 and 2024, the sector attracted approximately USD 13-15 Bn in investments, with foreign institutional investors accounting for nearly 80% of the total capital inflows, according to property consultant Vestian.

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India Inc stares at a reckoning as Mythos rewires cybersecurity

​A spokesperson at HDFC Bank, India’s largest private sector bank by assets and markcapitalisation, told ET, “We are engaged with the Data Security Council of India to evaluate risks and impact. We can confirm being in touch with the Anthropic…

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India Inc eyes global ambitions: HSBC report reveals cross-border trade & investment surge

​The survey flagged strong outward push as 98% of Indian firms expressed their plan to increase cross-border trade or investment over the next five years, the highest of any marksurveyed. This outward push underscores a strong outward push despite ongoing…

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West Asia war to slow India Inc’s capex in FY27 as firms hit pause on new investments

The continuing conflict has heightened concerns around inflation, currency volatility and demand slowdown in India, key variables shaping corporate investment decisions. Due to currency volatility corporates are delaying import-heavy capex in anticipation of more favourable exchange rates. At the same…

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India's March retail inflation quickens to 3.4% as US war on Iran disrupts global trade flows

Rural inflation stood at 3.63%, while urban inflation was 3.11% under the revised CPI series that uses 2024 as the base year.

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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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