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Trump's Chagos remark can be fresh flashpoint in Indo-US ties

In a recent statement, US President Donald Trump expressed his disapproval of the UK’s choice to transfer the Chagos Islands back to Mauritius, a move that could potentially strain relations with India, which staunchly endorses Mauritius’ claim.

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India-EU trade deal is a ‘make haste slowly’ moment, says Anand Mahindra

Anand Mahindra shared his father’s advice, ‘Make haste slowly,’ as a guiding philosophy for India’s measured approach to global trade. This strategy, he believes, is reflected in the potential of the India-European Union Free Trade Agreement, which could significantly boost…

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RBI's 'core company' tag puts many promoter entities in a quandary

Corporate entities are navigating a fresh mandate from the Reserve Bank of India, which has reclassified holding and strategic investment firms as Core Investment Companies. This new label comes with a wave of rigorous regulations that many corporations are eager…

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Over 100 Indian AI startup founders moving to US for funds and talent

Composio, Meetstream.ai, Smallest.ai, Beatoven.ai and GetCrux are among startups that have moved base to the US over the past couple of years, while several others are in the process of relocating, investors and founders told ET.

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Budget 2026: Why FMCG top bosses want more tax cuts to boost industry despite GST reforms

Budget income tax cut news: Indian consumer goods leaders are urging the government for tax cuts and measures to boost middle-class purchasing power. They seek support to manage volatile commodity prices and stable input costs, especially for the agri-sector. Companies…

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SC settles GST dispute, backs refunds for education consultants to foreign universities

The Supreme Court has ruled that educational consultancy services provided to foreign universities on a principal-to-principal basis are considered exports, eligible for GST refunds. This decision clarifies that such service providers are not intermediaries, even if Indian students benefit, offering…

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  • 8th Pay Commission fitment factor: Is the government considering employees' key demand? Here's what it said

    The Centre has clarified that the 8th Pay Commission is not required to keep the government informed about its deliberations, including proposals on the fitment factor. It also declined to comment on employee demands, saying the Commission will determine its own procedure.

  • Over 5 crore ITRs filed for AY 2026-27: Income Tax Department urges taxpayers to file before July 31 deadline

    With the July 31 ITR filing deadline approaching, the Income Tax Department says over 5 crore returns have already been filed for AY 2026-27. Here's who should file ITR-1, who needs ITR-2, and why you shouldn't wait until the last minute.

  • 8th Pay Commission: How rise in annual increments from 3% to 5% could boost Level 1 employee pay over 5 years

    The 8th Pay Commission may consider higher annual increments for central government employees as proposed by several prominent unions. A 5% increment scenario shows Level 1 basic pay rising from ₹18,000 per month to around ₹24,200 per month in five years.

  • ITR filing deadline: Can freelancers declare earnings as business income? Tax experts explain

    Freelance income cannot always be reported as business income in ITR filings. Here is when earnings qualify as business income, salary, or other sources; common filing mistakes; presumptive taxation rules; and expert tips to avoid tax notices and ensure compliance before the 31 July deadline. 

  • ITR filing 2026: Why 31 July is not the deadline for all salaried taxpayers and who gets more time

    The 31 July ITR filing deadline may not apply to all salaried taxpayers. The applicable due date depends on the taxpayer’s overall income profile, ITR form, and audit requirements. Those with business or professional income may get additional time. 

  • Large & mid-cap funds strike a balance: Higher returns than large-caps, lower volatility than mid-caps

    Large & mid-cap funds have historically delivered a balance between returns and volatility. Over the past 5 years, the benchmark index gave 14% returns, compared with 10% for large-caps and 18% for mid-caps. 

  • 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.

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