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I-T Dept rolls out revamped TRACES portal for TDS compliance: What’s new for taxpayers

The TRACES platform is widely used by individuals, businesses, and other entities to access TDS and TCS details, download certificates such as Form 16 and 16A, and file corrections in tax returns. With the new version, the department aims to…

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M&A, PE deals log record volumes in Q1, but values plunge 48% on fewer big-ticket transactions

India saw record deal volumes in the first quarter of 2026. Activity remained strong with more deals, but the total value dropped significantly. This was due to fewer large transactions. Mergers and acquisitions were steady in number but lower in…

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NFRA flags audit quality gaps at Singhi & Co; cites insufficient evidence in one engagement, calls for overhaul of documentation

Inspection finds lapses in SQC-1 compliance, weak audit trail, inconsistent practices across engagements; questions audit opinion in unlisted company case.

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Prolonged war may hit Rs 75,000 crore dividend target

High oil prices could hurt state-run petroleum firms, which alone accounted for a third of the government’s dividend collection of ₹78,438 crore from all CPSEs and other relevant entities last fiscal. Brent crude oil prices on April 10 remained almost…

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India-UK free trade pact may come into force from second week of May: Official

“We are expecting the pact to be implemented from the second week of May,” the official said.

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West Asia War: Trump says 50% tariff threat on aiding Iranian military applies to China as well as peace talks stall

Trump had earlier said any country providing military equipment to Iran would be hit with tariffs of up to 50% on all exports to the United States.

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News

  • Income-tax returns: Got a notice or is your ITR refund paused due to error in tax filing? Here's what to do next

    Here's what taxpayers whose refund has not yet been credited into their bank account and have been sent a notice from the tax department regarding discrepancies or mismatch in your ITR filing should do next…

  • Next ITR filing in July 2027: Here's the month-wise checklist salaried taxpayers should follow starting today

    Salaried taxpayers should start preparing now for ITR filing for Tax Year 2026-27. Maintaining tax documents, tracking investments, checking AIS and Form 26AS, reviewing deductions and comparing tax regimes can help avoid last-minute errors.

  • What's your investor personality? Dravid, Tendulkar or Kohli? Check how you should invest money as per the 'type'

    Investing parallels cricket batting, where strategy and personal temperament are vital. Different styles, such as defensive, balanced, and aggressive, reflect unique investment approaches. 

  • Large-caps underperform mid- and small-caps over 3 years: Why you should look beyond the index

    Large-caps have lagged mid- and small-caps over the last three years, but the headline numbers may not tell the full story. A closer look at individual stocks and broader indices reveals where the weakness is concentrated. 

  • EPFO: Want to update your KYC information? Here's how members can do it online using official portal

    EPFO: It is mandatory for members to provide KYC information for their accounts. Without KYC, you will not be able to access services such as withdrawal or transfer of funds, settlement claims and other digital services.

  • Earn up to ₹21,000 a month? Know your annual bonus eligibility, calculation and payment deadlines as per Code on Wages

    The Labour Ministry's recent notifications clarify bonus eligibility and calculation. Employees earning up to ₹21,000 may qualify, while those above this limit are not entitled to mandatory bonuses.

  • Foreign investors post longest buying streak in 2 years: Here's what their top sector picks reveal

    Foreign portfolio investors are showing signs of a turnaround after a prolonged selling streak in Indian equities. Their recent buying marks the longest stretch of fortnightly inflows in two years. But the shift is not broad-based. 

  • JioBlackRock AMC eyes ₹25,000 crore AUM by FY'27, launches balanced advantage fund

    JioBlackRock AMC announced the launch of the JioBlackRock Balanced Advantage Fund today, stating that its assets under management have crossed ₹22,000 crore, up from nearly ₹16,000 crore in March. 

  • Investing ₹25,000 through SIP? Here's when you should increase it or start a new fund

    Should you top up your existing SIP or start a new one? A ₹25,000/month SIP with a 10% annual top-up can grow to ₹84.35 lakh in 10 years, vs ₹56.01 lakh without one. Experts say the right choice depends on diversification, risk profile and fund performance.

  • DA news: Sanitation workers with Haryana municipalities will be under state ambit, to get dearness allowance, gratuity

    DA news: Protesting sanitation workers on municipal rolls in Haryana, will be brought under the state's contractual employees law, giving them job security, dearness allowance, gratuity and other benefits. 

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