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Big GST cheer for common man! Two-slab tax structure to replace 5-28% rates; Finance ministry shares important details

Prime Minister Modi announced upcoming GST reforms aimed at easing the burden on citizens, farmers, and MSMEs. The proposed changes include a simplified two-slab structure and rate rationalization. These reforms focus on structural improvements, rate adjustments, and enhancing the ease…

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India Inc. hails PM Modi’s call to empower youth, bolster MSMEs

The country’s apex business chamber, the Confederation of Indian industry (CII), on Friday hailed Prime Minister Narendra Modi’s Independence Day call for empowering India’s youth, strengthening MSMEs and accelerating the ‘Atmanirbhar Bharat’ mission.

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FinMin proposes 2-tier GST structure, special rates on select items; Council meet likely in Sept

The finance ministry has proposed a two-slab GST rate structure to the GoM, aiming to reduce the tax burden on daily-use items. This “next generation” GST reform seeks to simplify the tax system with standard and merit rates, along with…

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Independence Day 2025: PM Modi Promises “Double Diwali” for India Inc with Next-Gen GST Reforms, Flags Atmanirbhar Bharat Push

​​In an apparent reference to Trump-era tariffs, Modi underscored India’s stand on safeguarding farmers’ interests in international trade. “India will not compromise on the interests of our farmers. We will not accept any policy that harms them.”

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Bisleri will always remain a privately-held firm, says VC Jayanti Chauhan

Jayanti Chauhan, vice-chairperson of Bisleri International, affirms the company will remain private, dismissing any IPO or stake sale. Bisleri is set to ramp up investments in manufacturing, distribution, and product development, allocating ₹600 crore this year. Chauhan also urges government…

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No pause on Russian oil imports, India continues imports based on economic rationale

While discounts had previously reached as high as $40 per barrel, they have narrowed to just $ 1.5 late last month, resulting in reduced offtake. Discounts have since widened to about $2.70.

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  • Pay Commission: Bengal's 7th panel to cover non-teaching staff of state-aided universities, education boards—All we know

    Pay Commission: West Bengal's 7th panel will cover non-teaching staff of state-aided universities and education boards and examine their existing pay structure and service conditions. Here's all we know… 

  • Grandmother's ₹24.06 lakh gift: How land records and affidavit helped taxpayer win ITAT income tax case ruling in Jaipur

    The Jaipur ITAT deleted a ₹24.06 lakh unexplained income addition after accepting a gift from the taxpayer's grandmother. Find out why land records, loan repayment evidence and an affidavit helped establish the source of funds.

  • Gold ETF folios surge 164% in 3 years, outpacing equity mutual funds: Study warns against FOMO-driven gold investments

    Gold ETF folios surged 164% in three years, outpacing large-cap mutual funds. A recent study flags investor FOMO amid the gold rally and cautions against deviating from the recommended 5-10% gold allocation in portfolios.

  • CR7: 7 personal finance lessons from Portugal’s iconic No. 7 as Cristiano Ronaldo retires from international football

    Cristiano Ronaldo has retired from international football after a record-breaking 23-year career. Discover seven personal finance lessons from CR7 on SIPs, budgeting, diversification, financial discipline, wealth creation and long-term investing.

  • DA hike: Karnataka increases dearness allowance by 2.5%, and Arunachal Pradesh by 3% ahead of Diwali — Check details

    DA hike news: The Karnataka govt raised dearness allowance and dearness relief for state employees and pensioners by 2.5% to 18%, effective July 1, 2026. Arunachal Pradesh also approved a 3% increase, to 63%.

  • Not all fund managers follow the crowd: Here's a list of stocks that are present in only one mutual fund scheme

    While popular stocks feature across hundreds of mutual fund schemes, some stocks find a place in just one scheme's portfolio. Here is the list of 13 such uncommon picks, the schemes holding them, and what these fund managers' distinct stock-selection approaches mean for investors.

  • 8th Pay Commission: Railway employees seek higher salaries, better promotions and 4 other key benefits

    AIRF has submitted six key demands to the 8th Pay Commission, seeking higher railway employee salaries, better promotions, risk allowances, track maintainer parity and improved service benefits. Here's what railway staff want from the new pay panel.

  • Equity mutual fund returns in India average 13% over 30 years: Check SIP, lump-sum returns across 15 global markets

    How have Indian equity mutual fund returns compared with global markets over the past 30 years? A look at SIP and lump-sum performance across 15 countries offers insights for investors exploring long-term wealth creation and international diversification.

  • Bank holiday today: Are SBI, HDFC, ICICI branches open or closed on Saturday, 7 Nov ahead of Diwali? Check RBI calendar

    Bank holiday today: Check if public and private sector lenders including the State Bank of India and HDFC Bank will be open for customers across India on Saturday, 7 November, ahead of Diwali on Sunday. 

  • Diwali 2026: Ankur Warikoo explains 5 money habits that could be keeping you poor and how to change them

    Ankur Warikoo highlights five money habits that can keep you poor, from improper budgeting and high-interest debt to lifestyle inflation and delayed investing. Learn how to fix them this Diwali to strengthen savings and build long-term wealth.

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