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Ind review finds no merit in ex-HDFC Bank chief Atanu Chakraborty's claims

HDFC Bank’s extensive legal review found no evidence in board records to support concerns raised by former Chairman Atanu Chakraborty’s resignation. The three-month investigation by domestic and US law firms examined meeting minutes, documents, and interviewed key personnel. This thorough…

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Global tourism boards bet big on Indian travellers to power growth

Thailand is actively wooing Indian travelers with the promise of Tomorrowland and easier travel, aiming for over 2.5 million visitors by 2026. Abu Dhabi also sees India as a key market, enhancing connectivity and promoting events. Kenya anticipates a surge…

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No smooth landing: ICRA sees Indian airlines' losses widening up to ₹38,000 crore in FY27

India’s aviation sector faces a grim outlook, with ICRA projecting net losses to skyrocket to ₹36,000-38,000 crore in FY27. This sharp revision stems from a weaker rupee, soaring fuel costs, higher aircraft lease rentals, and subdued passenger demand, exacerbated by…

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Trump threatens 100% tariff on any country that imposes digital services tax

UTrump threatens 100% tariff on any country that imposes digital services tax.

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Supplier gaps, invoice compliance, credit access continue to hit 5 in 10 MSMEs: Survey

MSMEs are embracing digital procurement for better pricing and efficiency, yet face persistent hurdles in supplier management and payments.

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Corporate Mitra scheme to commence with 2,000 participants

Corporate Mitras will provide affordable support to Micro, Small and Medium Enterprises (MSMEs) in various areas, including regulatory compliance, GST, accounting, financial guidance, cost accounting and secretarial services.

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News

  • 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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