Blog - Advisors India

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GST summons are for inquiry, don't amount to detention: HC

In a significant ruling, the Bombay High Court has reaffirmed that summonses issued under the CGST Act serve solely for the purpose of inquiries and recording statements, and do not authorize detention. A petitioner, who sought reparations for what they…

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Three reasons India’s economy is stronger than it’s ever been

India is entering a new era of opportunity. Strong trade deals with the US, UAE, Britain, and EU are opening global markets. The nation is excelling in advanced manufacturing, particularly in mobile phones and chip design.

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RBI clears ICICI Prudential to buy 9.95% stake in IDFC First Bank

IDFC FIRST Bank has secured a crucial nod from the Reserve Bank of India. ICICI Prudential Asset Management Company, along with group entities of ICICI Bank, can now acquire up to 9.95% of the bank’s paid-up share capital. This development…

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India’s inflation revamp may give Reserve Bank a reason to stay on hold

India is set to release inflation figures using a new index on Thursday, which analysts predict may indicate elevated price pressures. This revised Consumer Price Index, reflecting updated spending patterns and new categories, could influence the central bank’s decision to…

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India-US trade deal: New Delhi's trade surplus with Washington may cross $90 billion within a year, says SBI Report

India’s trade surplus with the United States is projected to exceed 90 billion US dollars annually. This surge is driven by a significant rise in Indian exports to the US, potentially crossing 100 billion US dollars. Simultaneously, imports from the…

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Exclusive: IPO-bound Flipkart explores food delivery launch

Flipkart, owned by Walmart, is assessing entry into online food delivery, starting with a Bengaluru pilot around May-June and a wider launch later. It is exploring a standalone platform or a buyer-side app on ONDC, after earlier plans did not…

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PNB Housing Finance tops list of mutual funds' 10 favourite small-cap stocks; Crompton Greaves, Delhivery make the cut
Despite varying investment strategies, some small-cap stocks are common across mutual fund portfolios. The latest analysis reveals the 10 most widely held small-cap stocks, with PNB Housing Finance featuring in 146 schemes, followed by Crompton Greaves and RBL Bank.
Filed ITR in May or June? Here's why you should revisit it and check these 7 key things before 31 July deadline
Taxpayers who filed their ITR in May or June should revisit their return before the 31 July deadline. Checking e-verification status, AIS, TIS, Form 26AS, TDS credits, bank details and reported income can help avoid errors and refund delays. 
ITR filed and verified? Here's how the Income Tax Department spots mismatches—and when it sends a notice
The CPC first verifies that you've used the correct ITR form, filled in all mandatory schedules, and that there are no calculation errors. If it finds major issues, you may receive a defective return notice.
Hidden risks of UPI Autopay: Nykaa AVP’s LinkedIn post sparks debate about free trials
Lokesh Ahuja from Nykaa shared a cautionary tale about hidden AutoPay mandates after teaching his mother how to make UPI payments. He emphasises the importance of digital literacy.
Tax consultant made error in ITR filing: ITAT Chennai gives relief to taxpayer, waives ₹1.92 lakh penalty
A Chennai taxpayer faced a ₹1.92 lakh penalty after her tax consultant made errors in the ITR filing. ITAT Chennai waived the penalty, ruling that a genuine mistake by a tax professional cannot be treated as misreporting of income under Section 270A. 
Would your family know how to access your wealth in an emergency?
A single, regularly updated financial master sheet can organize scattered accounts, key legal documents, and vital contacts before a crisis hits.
SIP reduces only entry-timing risk: Here's why valuation, liquidity and portfolio concentration still need attention
SIPs help reduce entry-timing risk through rupee-cost averaging but cannot shield investors from valuation, liquidity, concentration or fund-selection risks. Investors should not mistake SIPs for a complete risk-management strategy.
ITR filing deadline: After 4 extensions in last 5 years, why AY 2026-27 may not get extra time
As the 31 July deadline for filing ITR approaches, taxpayers hope for an extension like in previous years. Here's why AY 2026-27 is different for tax filing.
ITR filing 2026: Expecting an income tax refund? Check these 5 details before filing your return to avoid delays
Expecting an income tax refund this year? Filing your ITR is only half the job. Simple mistakes like an unvalidated bank account, TDS mismatch or pending tax demand can delay your refund even after the return is processed.
FD rates in July 2026: Small finance banks offer up to 8.10%; compare returns from 7 leading lenders
July 2026 FD rates show small finance banks offering up to 8.10% interest, ahead of leading private and public sector banks. Compare FD rates, tenures and key investment factors across seven major lenders before booking a fixed deposit to secure better returns.