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Joint Parliamentary Committee to hold meeting on three key amendment Bills

A meeting of the Parliamentary Joint Committee examining The Constitution (One Hundred and Thirtieth Amendment) Bill, 2025, The Jammu & Kashmir Reorganisation (Amendment) Bill, 2025, and The Government of Union Territories (Amendment) Bill,30 pm on Wednesday in Parliament House Annexe…

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AI driving credit risk, may threaten jobs and tax revenues in developed economies: Fitch

Artificial intelligence (AI) and heavy digital infrastructure spending are emerging as key global credit risks, with AI expected to boost efficiency but also threaten jobs and tax revenues, particularly in developed economies, says Fitch Ratings.

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N Chandrasekaran's seat on Tata Sons board up for reset in August

Tata Sons chairman N Chandrasekaran’s board reappointment is scheduled for the August 18 AGM, a crucial vote amid ongoing stakeholder tensions. His chairmanship hinges on retaining this directorship. While director renominations are usually routine, this year’s could be contentious, especially…

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India's manufacturing growth expected to moderate in April-June due to West Asia crisis: FICCI

Indian manufacturing growth is set to slow in the first quarter of FY27, with a FICCI survey revealing muted business sentiment. This moderation is linked to the West Asia crisis, impacting production and order levels compared to the previous quarter.…

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E20 mixing in trial phase, Centre tells SC; court orders status quo on ethanol quota

Attorney General R Venkataramani argued that such changes could destabilise the national E20 blending program, an “ongoing experiment.”

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RBI flags emerging fault lines in private credit market, calls for close monitoring

The Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank’s latest report highlights an uptick in defaults and investor redemption requests, signaling emerging stress. While not currently a systemic threat, the RBI…

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  • Think a ₹10,000 income mismatch is too small to matter? Tax expert explains why it could trigger an Income Tax notice

    A small ₹10,000 income mismatch in savings interest, dividends or freelance receipts could trigger an income tax notice. Tax expert urges taxpayers to reconcile AIS and TIS statements before filing returns to avoid compliance hassles and penalties.

  • Bengali Hindu landlord split ₹1.89 cr rental income between HUF and personal ITR, then got a tax notice — here's why

    A legal dispute arose over ₹1.89 crore rental income claimed by a Bengali Hindu landlord under HUF tax status. Despite being challenged by tax authorities, the ITAT Delhi ruled in his favor. Here's what happened. 

  • Think your salary TDS covers everything? How a ₹15-lakh FD can trigger advance tax penalties on September 15

    The issue, the financial planner said, stems from the gap between the bank's basic tax deduction and an investor’s actual income slab.

  • Retiring at 45? Why the 4% rule may not work for your mutual fund corpus and what early retirees can do

    Retiring at 45 can mean funding expenses for 40 years or more, making the withdrawal strategy as important as building the corpus. Experts explain why the 4% rule may not suit early retirees in India. 

  • 8th Pay Commission: Why Central Government employees could see a higher bonus calculation

    The 8th Pay Commission bonus debate continues to gain momentum as NC-JCM seeks a ₹21,000 ceiling, while employee groups propose using sector-wise minimum wages to calculate bonuses for central government employees.

  • Debt warning signs: 5 red flags that your borrowing may be getting out of control

    Debt can quietly become a financial burden. Here are five warning signs of excessive debt, from minimum credit card payments and high EMIs to borrowing for repayments and using savings for bills.

  • How much gold can you keep at home without worrying about seizure? Know what the 500g, 250g and 100g limits mean

    There is no limit on ownership of gold if it is acquired legally. Evidence proving the source is essential during income tax assessments. Here's the meaning behind 500g, 250g and 100g limits and what happens if the person fails to explain the source. 

  • PPF, NSC, KVP or SSY: How many small savings schemes should you have in your investment portfolio

    Most investors do not need to hold PPF, NSC, KVP and SSY together, experts say. Choosing one or two schemes based on goals, tax benefits, returns and liquidity can make a portfolio more efficient.

  • Bank holidays this week: SBI, HDFC, ICICI, PNB closed for upto 3 days between 7 - 13 Sep; check RBI holiday calendar

    Bank holidays this week: SBI, HDFC, ICICI, PNB and other banks will remain open for upto 4 to 5 days this week. Check RBI calendar for full holiday list.

  • Can a forgotten ₹500 bill damage your credit history? This is what borrowers should know

    A forgotten ₹500 bill may not immediately damage your credit score, but prolonged or repeated payment delays can affect credit history. Learn five practical steps to clear dues, check reports and protect your credit health.

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