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GST fraud: Four booked for setting up fake firms, claiming Rs 22.06 crore ITC

Police in Thane have registered a case against four individuals for allegedly creating fake GST-registered firms. These firms were used to claim input tax credit amounting to over Rs 22.06 crore. The accused prepared false documents to obtain GST registration…

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CFOs brace for compliance-heavy 2026 as DPDP, labour codes and ESG assurance kick in

CFOs are now budgeting and planning for the full-scale implementation of the Digital Personal Data Protection (DPDP) Act, the three New Labour Codes, the next phase of ESG assurance under SEBI’s BRSR Core framework, and the New Income Tax Bill,…

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Smart Investing: Understanding Investing for Beginners

    Smart investing starts with understanding the basics. However, many beginners feel confused. Therefore, they delay investing. As a result, they miss valuable opportunities. This guide explains smart investing in a very simple way. Moreover, it helps beginners learn…

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NFRA tightens audit file rules, warns firms against delays and post-facto documentation

Audit regulator flags archival lapses, seeks faster and complete submission of records.

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‘Clear exit rules will encourage NPS participation’: Finance Ministry

New rules for the National Pension System offer more flexibility. Subscribers can now withdraw their entire pension wealth in a lump sum if it is ₹2 lakh or less. These changes aim to make the NPS more inclusive and responsive…

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Piramal Finance to exit Shriram Life Insurance Company

Piramal Finance is selling its 14.72% stake in Shriram Life Insurance to Sanlam Emerging Markets for ₹600 crore. This move aligns with Piramal’s strategy to exit non-core assets and reinvest in its lending business. The transaction is expected to close…

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  • 8th pay commission: Delhi, Chennai, Puducherry, Chandigarh — Full list of state visits and meetings in August, September

    8th pay commission: Delhi, Chennai, Puducherry, Chandigarh and Mumbai — Here's a full list of cities and dates that the 8th CPC is set to conduct state visits and meetings in August and September 2026.

  • Delhi Lakshmi Yojana online portal launched — Check who can apply

    Appealing to eligible women to register online from August 1, Gupta said the portal would enable applicants to submit forms, upload documents and choose their preferred financial option by linking either a CBDC wallet or a bank account with the scheme.

  • UPI transactions hit record ₹29.9 lakh crore in July; volume rises to 23.66 billion

    UPI transactions hit a record ₹29.9 lakh crore in July, with 23.66 billion transactions. The value marked a 19% annual growth compared to last year, solidifying UPI's position in India's digital payment ecosystem.

  • Delhi Municipal Corporation to consider one-time regularisation, extending DA and benefits for contractual employees

    The Municipal Corporation of Delhi (MCD) is considering one-time regularisation of contractual employees and extending entry-pay, DA, allowances, leaves and other benefits to them. Here's all we know… 

  • ITR filing due date: More than 5.9 crore income-tax returns filed by 31 July, says tax department — All we know

    ITR filing due date: More than 5.9 crore income-tax returns were filed for AY 2026–27 by 31 July. Taxpayers filing the ITR-3 and ITR-4 (Sugam) forms must do so by 31 August and 31 October, respectively.

  • Annapurna Bhandar Yojana: When is the August ₹3,000 payment likely to arrive?

    Beneficiaries of the Annapurna Bhandar scheme are inquiring about the August 2026 credit date. The scheme replaces TMC's Lakshmi Bhandar, offering ₹3,000 monthly aid. 

  • Delhi Lakshmi Yojana: You will not get ₹2500, until you have an MLA or MP's approval | Check rules to apply

    The Delhi Lakshmi Yojana aims to empower eligible women by providing ₹2,500 in monthly assistance. Women aged 21 to 60 from households with an income of under ₹2.5 lakh can apply, with a local MLA or MP's recommendation required for a transparent application process.

  • Credit card balance transfers affect your credit score, experts say; here's what borrowers should know

    Credit card balance transfers can lower interest costs but may temporarily affect your credit score through hard inquiries and new accounts. Experts explain why repayment discipline, lower credit utilisation and avoiding repeated transfers are essential for maintaining a healthy credit profile.

  • EPFO fast-tracks PF withdrawals, aims to settle claims within 24–48 hours — check details here

    The EPFO aims to settle fresh PF withdrawal claims within the same day or a maximum of two days, easing access to savings for members. Details here. 

  • Resigned without another offer in hand? Here’s how much PF you can access immediately and what stays invested

    The revised EPF Scheme no longer permits employees to withdraw their entire PF balance after just two months of unemployment. Check the recent withdrawal rules here.

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