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CBIC directs CGST zones to track illegal mining, curb tax evasion

Central tax authorities are taking proactive measures by partnering with state mining departments to address the issue of illegal mineral extraction and transportation. This collaboration will involve setting up a comprehensive information-sharing system across all CGST areas. This directive is…

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More exporters leveraging benefits of free trade pacts: Govt

In 2025-26, India’s ten largest import partner countries were China, UAE, Russia, US, Saudi Arabia, Iraq, Hong Kong, Switzerland, Singapore and Japan, as per govt data.

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RBI reviews Tata Sons' bid to exit upper-layer NBFC framework

Tata Sons’ application to exit the RBI’s upper-layer NBFC framework remains under review, as the classification would require a stock market listing if retained, amid differing views among key shareholders over the company’s future ownership structure.

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RBI's draft curbs on revolving credit may impact NBFC flexi loans: Morgan Stanley

The Reserve Bank of India has proposed new directions that could limit the availability of revolving credit facilities for NBFCs. This change might notably affect flexi and overdraft loan offerings, leading to potential adjustments in products to comply with regulations.…

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IPO-bound Fibe's AUM rises 63 pc to Rs 8,603 cr in FY26

Fibe’s assets under management surged 63.31 percent to Rs 8,603 crore by March 2026. Personal loans formed seventy-seven percent of this total AUM. The digital lending platform experienced robust growth over the last three years. Fibe’s parent firm filed draft…

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India Shelter Finance Corporation reports Rs. 11,284 Cr AUM in Q1FY27, up 24 percent YoY; PAT rises 20 percent to 143 Cr

Gurugram (Haryana) [India], The Board of Directors of India Shelter Finance Corporation at its meeting held today, approved the unaudited financial results for quarter ended June 30, 2026.

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  • 8th pay commission: Deadline for consultant role applications ends tomorrow — Here's how to submit, check eligibility

    The 8th Pay Commission is set to close applications for contract-based consultant roles on its website on Monday, 31 August. With the deadline looming we explain the eligibility, and where and how to submit your applications…

  • UPI set for Uzbekistan rollout as India expands digital payments footprint and strengthens bilateral ties

    Uzbekistan has joined the list of countries that is set to adopt the UPI, the Ministry of External Affairs announced today after PM Narendra Modi's two-day official visit to the Central Asian country. 

  • These taxpayers can't switch between old and new regimes every year: Know Form 10-IEA rules, deadline and filing process

    Taxpayers with business or professional income cannot switch between the old and new tax regimes every year. Form 10-IEA is required for the switch, with restrictions on re-entering the old regime. Here's what taxpayers filing ITR-3 and ITR-4 need to know for AY 2026-27.

  • Odisha govt employees: Salary may be deducted for unpaid alimony, maintenance; what order means for your money

    Odisha govt employees who default on court-ordered alimony or maintenance payments may now have the amount deducted directly from their salaries. The payment will be transferred to beneficiaries, with cases integrated into the state’s HRMS for automated compliance.

  • 5 innovation thematic funds posted over 15% returns in 1 year, with Bandhan leading the category; no scheme in the red

    Innovation funds invest in companies driving new technologies and disruptive trends. The category has seen varied performance over the past year, with some funds delivering strong double-digit returns. However, none of the funds posted a negative return during the period.

  • Indian equities, debt, gold and US stocks: How should investors allocate money across these asset classes?

    A diversified portfolio can perform very differently depending on how you split your money across Indian equities, debt, gold and US equities. Here’s what 16 financial years of data, from FY2011 to FY2027 year-to-date, reveal about the returns across these asset classes.

  • Want to sell inherited agricultural land? Here are the tax breaks available

    Inherited agricultural land can attract capital gains tax if it qualifies as urban agricultural land, but reinvestment in a home, agricultural land or specified bonds can help reduce the tax burden.

  • Why Gurgaon court upheld ₹2 lakh monthly maintenance for estranged wife despite husband’s 50% income drop

    Gurgaon court upheld ₹2 lakh monthly maintenance for an estranged wife despite her husband’s reported income decline and home loan liabilities.

  • DA news: After Punjab workers strike, state govt directs show cause notices be sent to absent employees — Latest updates

    DA news update: After workers in Punjab undertook a strike on 27 August to push for pending DA and other demands; the state govt has hardened its stance and directed officers to issue notices for ‘unauthorised’ absences. 

  • Jeevan Pramaan system for NRIs: Why online life certificate submission fails? Check 4 alternatives available

    Submitting the annual life certificate digitally presents persistent hurdles for pensioners living overseas. Common roadblocks include Aadhaar verification failures, lack of access to an Indian mobile number for OTP delivery, and a total reliance on family members for technical assistance

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