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Luxe wheels gain speed on India’s salary surge as experience-led aspirations rise

Luxury car brands like Mercedes-Benz, BMW, and Audi are seeing a significant rise in buyers from salaried professionals and startup founders. This trend highlights strong corporate earnings and India’s economic growth. Wealth creation is expanding, with more senior professionals now…

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Geopolitical flare-ups, AI crash, tariff shocks to dampen India’s air travel demand in FY26, ICRA says

India’s air travel demand is projected to see modest growth of 4-6% in FY26 due to external shocks like geopolitical escalations and trade headwinds. Despite this, international passenger traffic for Indian carriers is expected to surge by 13-15%, driven by…

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Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief

New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, replacing the old Income Tax Act of 1961. The Income Tax Department aims for simple and easy-to-comply forms. Tax…

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Rural, industrial and service play will drive our next phase of growth: Castrol CFO

CFO Mrinalini Srinivasan in an interview with ETCFO said that rural and industrial are the two big levers for Castrol’s future growth. “Rural demand is rising, and we haven’t fully tapped it. Industrial is a large market where our presence…

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SC recalls order barring govt from retrospective green nod for projects

The Supreme Court has delivered a split verdict on retrospective environmental clearances. A majority of judges have voted to recall a previous judgment. This judgment had previously invalidated government office memoranda allowing post-facto environmental clearances. Projects already granted clearance under…

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RBI Announces Premature Redemption Price for Sovereign Gold Bonds 2020-21 Series-VIII

The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bonds (SGB 2020-21 Series-VIII-issue. The maturity period of sovereign gold bonds (SGBs) is eight years. However, the premature redemption of SGBs is permitted only after…

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  • 8th Pay Commission: AIDEF seeks review of DA and DR inflation formula to better reflect living costs

    Rising inflation concerns spark fresh demands for reform as Defence employees urge the 8th Pay Commission to overhaul the DA and DR calculation formula. AIDEF says the current inflation index fails to reflect the true cost of living for employees and pensioners.

  • 8th Pay Commission may revamp HRA structure as employee unions seek higher rates and DA linkage

    Rising living and housing costs have intensified calls for major reforms to the 8th Pay Commission HRA. Employee unions have proposed higher HRA rates, DA-linked revisions and regular city reviews to ensure central government employees and pensioners receive better support against inflation.

  • ITR filing 2026: Can you claim corporate health insurance as a tax deduction? Only under these conditions

    Corporate health insurance is common in compensation packages, but employees often wonder if premiums from employer-provided plans are deductible under Section 80D. Here's the answer to your question. 

  • 'AI is a tool, not an authority': Relying on AI for financial advice? Key risks investors should know

    AI for financial advice is gaining traction, particularly among young adults. However, experts warn that AI can overlook real-world situations, leading to impractical recommendations.

  • Buying US stocks via GIFT City? Here’s how capital gains and dividend tax work

    GIFT City has emerged as a new route for Indians seeking exposure to US stocks. But the tax treatment can vary based on the transaction, investor status and the applicability of Section 47(viiab).

  • West Bengal govt announces 20% DA hike: When will it implemented? Here's what you need to know

    The West Bengal BJP government presented its first budget, announcing a 20% increase in dearness allowance and relief for state employees and pensioners. This enhanced DA will be effective from  October 1, 2026. Details here.

  • Accidentally sent extra money through UPI? Here's what you should do next

    Accidental UPI payments, such as entering an extra zero, can lead to unintended transfers. To recover funds, contact the recipient for a refund and file a complaint with your bank. Details here.

  • Mutual Funds: Should you stay invested or redeem now? Experts decodes 5 red flags that signals its time to exit

    MFs are effective for long-term wealth creation, offering potential gains, inflation protection. However, a strategy of holding indefinitely is not ideal. Regular portfolio reviews ensure alignment with financial goals, guiding investors on rebalancing or exiting underperforming funds.

  • Why investors should tread credit risk funds with caution

    Credit risk funds offer higher yields, but they come with credit and liquidity risks. Experts say the category suits only investors who understand what they are taking on, and not just chasing yield.

  • EPFO: Here's how to use Umang app, SMS, WhatsApp and missed call options for employees' provident fund updates

    EPFO: We explain how you can check your employees' provident fund account balance, EPF account balance or track status of your application through Umang app, SMS / messages, WhatsApp, or missed call.

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