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Mexico approves tariff hikes on imports from India, China, and other Asian countries

Mexico’s Senate has greenlit significant tariff increases, potentially reaching 50%, on imports from China and other Asian nations starting in 2026. This move, aimed at strengthening domestic industries, will impact goods like autos, textiles, and steel from countries without trade…

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US stocks rise after the Fed cuts rates and hopes build for more

As the US Federal Reserve slashed interest rates, Indian stock markets reflected this optimistic tide, invigorating investor sentiment and propelling US stocks toward record highs. There’s a buzz of anticipation for additional rate cuts in 2026, potentially paving the way…

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Sebi relaxes re-KYC process for NRIs; removes physical presence clause

Sebi has announced a significant update for Non-Resident Indians, simplifying the re-KYC process by eliminating the need for physical presence in India. Now, NRIs can complete their digital verification seamlessly from anywhere in the world. The investment in advanced technology…

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Nestlé India CFO Svetlana Boldina to step down, successor to be announced soon

Nestlé India’s Chief Financial Officer, Svetlana Boldina, will depart her role on January 31, 2026. She is moving to a new position within a Nestlé group affiliate. Nestlé India anticipates naming a new CFO soon.

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India’s fertiliser industry seeks GST clarification as ‘inversion leads to credit accumulation’: FAI Chairman

The Fertiliser Association of India (FAI) is seeking two key GST clarifications to alleviate the financial strain on the fertiliser industry, lower GST on raw materials like ammonia and sulphuric acid from 18% to 5%, matching the tax rate on…

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India’s FY26 growth aim goes up to 7.2% as tax cuts fuel demand: ADB

This upgrade is fueled by robust domestic consumption, supported by recent tax cuts. The Reserve Bank of India also increased its growth estimate. Strong manufacturing and services sectors are contributing to this positive outlook. Inflation is expected to ease.

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News

  • Made a mistake in your tax return? Here's how to correct it even after receiving a refund

    Taxpayers can correct mistakes in their income tax return by filing a revised return without facing penalties. The deadline for revisions is now extended to March 31 of the following year. 

  • Can investing in an under construction property help you save capital gains tax? Check Section 54 rules

    Investing capital gains in an under construction residential property is permissible for claiming the tax exemption, but there are strict timelines

  • Switched jobs? Here's why you should transfer your EPF balance instead of leaving it behind

    When changing jobs, employees often have multiple EPF accounts linked to the same UAN. Transferring these to the current account simplifies management, preserves service history, and eases withdrawals.

  • Wrong EPF nominee can make your nomination invalid; Who is eligible and how to update or change it

    EPF accounts require members to nominate beneficiaries for their accumulated funds and benefits. Ineligible nominations can invalidate claims. Here's who qualifies as a nominee and how you can update or change nominee details.

  • TCS on car purchases explained: Who pays it, how to claim a refund?

    The sale of motor vehicles above a specified value attracts TCS under Section 206C(1F). As per the provision, car dealers or sellers must collect TCS from buyers when the sale consideration of a motor vehicle exceeds Rs. 10 lakh

  • ITR filing 2026: 5 mistakes that could cost salaried taxpayers dearly

    Tax filing mistakes often come to light only after a return is submitted, leading to refund delays, tax demands or compliance hassles. From unreported income to Form 26AS mismatches, here are five errors taxpayers should avoid while filing their ITR.

  • ITR filing 2026: Can presumptive taxpayers switch between old and new tax regimes every year?

    The new tax regime is now default for taxpayers, allowing salaried individuals to choose annually between old and new options. Business income earners face restrictions. Here are the rules that apply to presumptive taxpayers. 

  • Understanding arbitrage funds: Strategy, returns, benefits, risks and key considerations

    Arbitrage funds are a type of hybrid mutual fund that aims to generate returns by taking advantage of price differences in the cash and futures markets. These funds must invest at least 65% of their assets in equities and equity-related instruments while following an arbitrage strategy.

  • EPF withdrawal limits 2026: Marriage, education, home purchase explained

    EPFO allows members to withdraw a portion of their provident fund savings for education, marriage, housing and home-loan repayment, subject to specified conditions. Here is a breakdown of the eligibility criteria and maximum withdrawal limits under the latest EPFO guidelines.

  • ‘I need to reconsider moving back’: NRI shocked after calculating what it really costs to live in Bengaluru or Mumbai

    An expat in New Zealand underestimated living costs in India, believing ₹60,000 would suffice for a family of four. A financial advisor revealed that modern expenses in cities like Bengaluru exceed ₹2.5-3.5 lakh monthly, urging NRIs to reassess their relocation assumptions carefully.

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