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Budget tax tweaks to revive buyback momentum of cash-rich IT large caps

Expect IT outsourcing leaders with eye-popping cash on their balance sheets to announce buybacks. After the budget reclassified the repurchase exercise as capital gains, lowering the tax outgo for investors, the $280-billion industry could return to its favourite mode of…

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India monitoring evolving crypto trading to ensure tax compliance, top tax official says

India is talking to cryptocurrency exchanges ‍to assess evolving ​trading activity as it seeks oversight over newer ⁠crypto products, according to a top tax official.

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Amit Rautela appointed CFO of Patratu Vidyut Utpadan Nigam, Boosting NTPC JV performance

Amit Rautela has been appointed as the new Chief Financial Officer of Patratu Vidyut Utpadan Nigam, a joint venture between NTPC and the Jharkhand government. Rautela, who previously held a similar role at Meja Urja Nigam Private Limited, brings over…

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India Semiconductor Mission 2.0 to ensure long-term policy stability, says MeitY's S Krishnan

Speaking to the media, he stated that the second phase of the mission will build upon the momentum generated by the initial program. Krishnan noted that the Prime Minister has already indicated that support for the sector will continue into…

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Gold, silver set for weekly losses on tech selloff and stronger dollar

Gold and silver are recovering from early losses but face a second consecutive weekly decline. A global tech stock sell-off and a strengthening US dollar are impacting precious metals. Silver experienced a significant drop, hitting a multi-month low. Investors are…

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US India trade deal: Solar equipment makers recharge exports portfolio after tariff cut

Indian solar equipment exports to the US are set for a significant boost. Tariffs are falling, making Indian solar modules and cells more competitive.

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News

  • Credit card loan explained: Key features, benefits, repayment and personal loan comparison

    Need quick funds in an emergency? A credit card loan can be a convenient solution for urgent financial needs, as it offers instant access to funds, fixed EMIs and a simple approval process.

  • ITR filing 2026: When you'll receive Form 16 and who will issue it if you switched jobs last year

    As the ITR filing season for FY 2025-26 begins, salaried taxpayers await Form 16, essential for accurate income tax filing. Employers must issue it by June 15, 2026, with employees needing it to verify earnings and tax deductions before the July 31 filing deadline.

  • 8th Pay Commission: Delay may mean arrears worth lakhs—Here's the math behind the ₹14 lakh claim

    The 8th Pay Commission has extended the deadline for input submissions to June 15, 2026. Central government employees may receive arrears between ₹5 lakh and ₹14 lakh, depending on the fitment factor, which is still under discussion for the upcoming pay structure effective from January 1, 2026.

  • 8th Pay Commission: Proposed fitment factor 3.833 vs 4 — impact on salary hike explained

    8th Pay Commission: A major salary boost is expected for central government employees as unions push for a higher fitment factor. The fitment factor comparison between 3.833 and 4 explains the rationale for stronger pay demands, improved pensions and an inflation-linked basic pay revision.

  • EPFO eases 100% PF withdrawal rules for special cases: Here's what changed

    The EPFO has introduced reforms allowing 100% withdrawals for members under special circumstances without needing to provide reasons. This aims to enhance convenience and improve the experience for EPF subscribers, although normal situations still permit only 75% withdrawals.

  • I asked Gemini for visa-free international destinations for Indian tourists — It suggested 7 budget-friendly trips

    From the seamless beach vibes of Thailand and Malaysia to the budget-friendly cultural boom in Vietnam, Gemini suggested 7 easy trips for Indian tourists…

  • Leave encashment tax relief: Eligibility and exemption limits explained

    Salaried employees can carry forward unused paid leaves and opt for leave encashment instead of taking time off. This encashment is taxable, with treatment varying based on whether it's received during employment or upon retirement. 

  • A delicate balancing act for the RBI in an uncertain world

    The RBI chose to support growth over an immediate rate hike, though worsening inflation risks could force action later this year.

  • ITR filing 2026: Don't forget to report your cryptocurrency gains — Tax rules explained

    As cryptocurrencies rise in popularity, Indian investors must navigate tax regulations. Here's how crypto gains are taxed and reported in ITR.

  • Emkay Wealth sees more upside in gold and silver — How much should you invest?

    Emkay Wealth Management remains optimistic about gold and silver, driven by macroeconomic uncertainty and central bank purchases. Details here.

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