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MSME facilitation, destination infrastructure key to tourism growth: Report

Crisil Intelligence releases report on tourism livelihoods and circuits of growth which says strengthening micro, small and medium enterprises (MSMEs) capabilities, destination infrastructure and service quality is critical to converting high visitor volumes into higher incomes and stable, year-round livelihoods.

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IndiGo receives ₹458 crore GST penalty order, airline calls it ‘erroneous’

IndiGo believes the order is incorrect and plans to challenge it legally. The airline stated the order will not significantly affect its finances or operations.

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ICAI draft proposes minimum requirements, disclosure norms for information systems audits

Exposure draft of IS Audit Standards proposes principles, quality benchmarks and disclosure norms amid rising digital and cyber risks.

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MCA extends deadline till January 31 for filing financial statements, annual returns

Companies can now file their financial statements and annual returns for the financial year 2024-25 until January 31, 2026. This extension is granted without any additional fees. The Ministry of Corporate Affairs made this decision following requests from various stakeholders…

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India’s growth outlook steady amid global headwinds: Report

India stands out as a resilient growth story among major economies. Domestic demand, easing inflation, and leadership in key sectors support this outlook. UBS highlights that countries with strong internal drivers are better positioned to navigate global volatility. India’s expanding…

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Will AI kill jobs? Government data tells a different story

Contrary to fears of job losses, Artificial Intelligence is creating new opportunities in India, with the AI talent base projected to double by 2027. Government initiatives like FutureSkills PRIME are actively reskilling and upskilling the workforce in emerging technologies. AI…

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  • Why Old Bridge's Kenneth Andrade is avoiding IT despite attractive valuations

    Old Bridge MF founder Kenneth Andrade expects earnings growth to revive this year, remains bullish on pharma and autos, underweight on financials and IT, and sees crude as the biggest market risk.

  • ITR filing deadline extension LIVE: Countdown begins for the 31 July tax filing due date; will there be an extension?

    ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.

  • ITR filing deadline today: Check how 30-day verification rule allows taxpayers to verify returns after 31 July

    Taxpayers who file their ITR on 31 July can complete e-verification within 30 days. Here's how the verification timeline affects the filing date, the belated return status and compliance with income tax rules.

  • ITR deadline today: What happens if you don't file your return by 31 July? Check penalties, interest, other consequences

    As the July 31 income tax return deadline approaches, over 5 crore ITRs have been filed till Thursday. Late filers may face penalties and miss out on benefits like carrying forward losses. Check all consequences here.

  • Missing ITR deadline today is like getting ‘Hit Wicket’: Tax department urges a ‘Free Hit’ filing

    The Income Tax Department, in a recent X post, reminded taxpayers that 31 July is the last date to file ITR-1 and ITR-2 for AY 2026-27. Complete filing and e-verification today to avoid late fees, interest and compliance issues. 

  • ITR filing 2026: How to report capital gains from shares, mutual funds and ETFs to avoid tax notices

    Taxpayers must accurately report capital gains from shares, mutual funds, and ETFs while filing the ITR for AY 2026-27. It is important to choose the correct ITR form, classify gains, reconcile investment records, and report only realised gains to avoid discrepancies and scrutiny.

  • Does India’s DIY mutual fund boom needs structured assistance?

    Over 5-6 crore Indians now invest in mutual funds, thanks to digital platforms. While ease of access has increased, first-time investors face complexities in asset allocation. Future investing will require curated advice and structured assistance to ensure successful long-term portfolios.

  • These 8 mid-cap funds fail to beat their benchmark index: One has a negative alpha of 7 — check full list

    Mid-cap funds aim to outperform their benchmark through active management, but not all succeed. There are currently eight mid-cap funds with a negative alpha, with Taurus Mid Cap Fund having the lowest alpha of -7.20.

  • EPFO: Submitted a claim? Here's what the status message means and timeline for settlement process

    Employees' Provident Fund Organisation: Today we look at how much time EPF claims take to be settled, what the status message means, and what subscribers can do to rectify any delays and complete the process.

  • A financial master sheet won't make you richer—but it could save your family from economic chaos

    A financial master sheet is a single document that records the family's financial and administrative details, showing what assets exist, where they are held, and where supporting documents are stored.

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