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Relief to InterGlobe & SpiceJet in IGST row, SC rejects customs' review plea

Aviation firms InterGlobe and SpiceJet have received significant relief. The Supreme Court has dismissed customs department review petitions. These petitions sought retrospective integrated goods and services tax on reimported aircraft and parts.

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Textile, auto exporters brace for profit squeeze as government halves RoDTEP tax refunds

Companies are appealing for the restoration of earlier rates to avoid financial losses on existing shipments and contracts.

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Domestic CV wholesales rise 27% in January to 99,544 units on GST-led demand

Looking ahead, ICRA expects the domestic CV industry to register a moderate YoY growth of 7–9 per cent in wholesale volumes for FY26

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Jindal's power arm lines up $1 billion loan in boost for slow market

Jindal Power is securing up to $1 billion in offshore loans to fuel its international expansion, a move offering a much-needed boost to India’s dollar loan market. The conglomerate has already finalized a $500 million loan and aims to raise…

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Mainboard transition proves challenging as SMEs face stricter norms

India’s SME stock platforms, designed as a launchpad to the mainboard, are seeing a significant slowdown in company migrations. Stricter listing norms and increased tenure requirements implemented by exchanges have effectively filtered out smaller players, leading to a sharp decline…

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Aakash Educational Services appoints Alka Garg as CFO

Garg has more than 22 years of experience across listed companies and startups. Prior to this, she was the CFO of Yum Restaurants India and has also worked with Siemens, GreyOrange, Bharti Airtel, and Deloitte.

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  • ITR filing deadline 2026: Over 4.1 crore returns filed so far; experts advise taxpayers not to wait for an extension

    The ITR filing deadline for AY 2026-27 remains 31 July, with experts expecting no extension. Over 4.1 crore returns have already been filed. Taxpayers should file and e-verify returns on time to avoid penalties, interest and loss of key tax benefits.

  • ITR filing 2026: Avoid these 5 costly mistakes before the July 31 deadline

    The July 31 ITR deadline is just days away. Avoid these five common filing mistakes that could lead to tax notices, refund delays or additional tax demands.

  • 8th Pay Commission: Fitment factor above 3 may raise salaries, but test Centre's fiscal discipline

    8th Pay Commission: Fitment factor debate has intensified as employee unions seek a multiplier above 3. While a higher fitment factor could significantly increase salaries and pensions, experts say the Centre will balance employee expectations with fiscal sustainability before final recommendations.

  • SEBI proposes MF-only PMS with ₹25 lakh entry: Expert explains how it differs from traditional PMS

    The proposed MF-only PMS framework is positioned as a bridge between self-managed mutual fund investing and traditional PMS, allowing investors to access professional portfolio management at a lower entry threshold of ₹25 lakh while remaining within regulated investment products.

  • More than 570 people reported income over ₹100 crore in FY26, 4x growth in billionaires over 5 years: MoS to Lok Sabha

    ITR: India has seen 4x growth in billionaires in five years. As many as 576 people reported gross total income of ₹100 crore or more, FY26 income-tax filings showed, MoS Pankaj Chaudhary said today.

  • CBDT's new crypto reporting guidance explained: What it means for digital asset investors and taxpayers

    The CBDT has issued a guidance note to operationalise India's crypto-asset reporting framework in line with the OECD's global standards. While there is no change in crypto taxation, experts say investors should focus on accurate record-keeping as information sharing becomes more structured.

  • Filing income-tax returns? Here's how to calculate your ITR dues under new tax regime and old tax regime

    Want to complete filing your income-tax returns before the 31 July deadline? Here's how taxpayers can calculate their ITR dues under new tax regime and old tax regime for financial year 2026 / AY 2027.

  • What 20 years of market data reveals about large-, mid- and small-caps and why India's economic outlook matters

    Mid- and small-caps often face criticism during market corrections, but 20 years of data show they have consistently outperformed large-caps in strong market years. Investors bullish on India's growth story should not ignore these segments despite their volatility.

  • DA hike: Inflation-linked wage, DA merger, new formula—here are Dearness Allowance-related demands of employee groups

    DA hike: Here are the key Dearness Allowance-related demands made by employee groups — from demand for an inflation-linked wage model to calls for implementation of DA merger and a new calculation formula for the component.

  • UPI-linked PF claim settlement facility rollout delayed: Expected launch timeline and key benefits for EPFO members

    EPFO has delayed the launch of its UPI-linked claim settlement facility to August as it focuses on resolving glitches in the upgraded CITES 2.01 portal. The new system aims to enable faster credit of eligible PF claims through UPI once the platform stabilises.

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