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At $57.6 billion valuation, Maruti overtakes Ford, GM and Volkswagen

Maruti Suzuki India has ascended to become the world’s eighth most valuable automaker, surpassing giants like Ford and General Motors. Fuelled by positive investor sentiment following tax reforms and a revamped GST regime, Maruti’s market capitalization has soared to nearly…

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US tariffs on India’s Russian oil imports impacting Moscow, says NATO chief

NATO Chief Mark Rutte claims US tariffs on India over Russian oil impact Moscow. Rutte says Narendra Modi contacted Vladimir Putin for clarity on Ukraine strategy after tariffs. Donald Trump earlier imposed tariffs on India for buying Russian oil. Trump…

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Why India Inc CFOs need to become new chief business and future officers

Chief Financial Officers in India are adapting to a more strategic role. They are becoming co-pilots to CEOs, driving transformation and tracking numbers. Adaptability and business leadership are key traits for the new-age CFO. They are uniquely positioned to contribute…

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Govt tracks GST rate cut benefits, field reports due by September end

The central government is checking if companies are giving Goods and Services Tax benefits to buyers. Field reports will decide enforcement after September. Over 50 products are under review. Tax cuts reflect in almost 90 per cent of sectors. An…

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GST 2.0 for hotels: Complex realities for businesses demanding smart strategies

India’s hospitality sector is poised for growth with reduced GST rates on hotel accommodations up to Rs 7,500, effective September 2025. While consumers benefit from lower taxes, hotels face challenges due to the denial of Input Tax Credit, requiring careful…

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India’s duty-free liquor sales outpace domestic market with 13% growth in 2024

Liquor sales at Indian airports are booming. Duty-free and travel retail saw 13% growth, outpacing domestic beverage sector. Whisky dominates, growing 12%. Passenger numbers are expected to rise. Global travel retail is vital for drinks companies. India’s middle class and…

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  • Income Tax: Can married daughters keep gold jewellery at parents' home? ITAT ruling explains tax implications

    The Delhi ITAT deleted ₹1.13 crore in tax additions after accepting that 3.9 kg of jewellery found at a man's home belonged to his late wife and three married daughters. The ruling highlights how families can establish ownership of gold through supporting evidence.

  • Life Cycle Funds explained: How these mutual funds work, change asset allocation with age and help plan for retirement

    Life Cycle Funds automatically shift investments from equity to debt as the target date approaches. Here is how these mutual funds work, who should invest, how to choose the right maturity period and the risks investors must consider.

  • Income Tax Returns: 'How India filed in 2026' - 5 trends that reveal how young investors, salaried earners manage money

    India's income tax filing data reveals five changing money trends: more Indians are earning beyond salaries, young taxpayers are filing complex returns, low-income earners are reporting diverse income sources, young investors are reporting losses and retirees continue investing.

  • Silver, gold prices today: 24K gold slips to ₹1.37 lakh, silver below ₹1.80 lakh/kg; check latest 24K, 22K gold rates

    Gold and silver prices declined in the latest IBJA evening fixing on 2 November. 24K gold fell ₹2,530 to ₹1,37,524 per 10 grams, while 22K gold dropped to ₹1,25,990. Silver prices declined ₹1,372 to ₹1,79,972 per kg.

  • Tax relief in the offing? Sebi moots scrapping 12.5% LTCG tax for FPIs: What it means and how investors stand to gain

    The proposal has brought the taxation of investment profits into focus, particularly the rules governing gains earned from selling shares and other financial assets.

  • Gratuity calculation after 3% DA hike: How central government employees can get up to ₹50,000 more at retirement

    The Centre's 3% DA hike from 60% to 63% can increase retirement gratuity for central government employees by up to ₹50,000. However, the actual benefit depends on basic pay, qualifying service and the ₹25 lakh gratuity ceiling.

  • ITR deadline pushed to November 21 for audit cases: What it means for businesses and taxpayers

    The revised deadline is expected to provide relief to taxpayers dealing with multiple compliance obligations, particularly those requiring additional time to complete audits, reconcile financial records and verify tax-related information before submitting their returns.

  • How should NRIs value an overseas LLP for FAST-DS 2026?

    An Indian resident who acquired a US LLP interest while an NRI wants to declare it under FAST-DS 2026. An expert explains how to value the interest as at 31 March 2026.

  • India once had no LTCG tax: How income tax rules on LTCG, STCG and STT changed over the years

    India’s capital gains tax regime has undergone several changes over the decades, from its abolition in 1949 to the removal of LTCG tax on listed equities in 2004 and its reintroduction in 2018.

  • Ahead of Budget 2027, Sebi recommends removal of 12.5% LTCG tax imposed on foreign investors | Latest update

    SEBI has proposed scrapping LTCG tax on foreign equity investments and offering tax relief to domestic mutual fund investors switching schemes. The recommendations have been submitted ahead of Budget 2027 and await government approval.

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