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Expects 6-7% volume growth, GST reforms to spur alcoholic beverage consumption: UBL CEO & MD

United Breweries Ltd anticipates a 6-7% volume growth this fiscal year, despite rain-related setbacks in key states. Premiumization is expected to rise by 25%, with a positive long-term outlook. CEO Vivek Gupta advocates for GST reforms and reduced beer tariffs,…

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Banks see car loan cancellations as buyers wait for GST rate cut

The timing coincides with the end of the Shradha period on September 21, which traditionally sees muted purchases.

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I-T Department refutes reports on ITR filing date extension, Sep 15 remains deadline

The Income Tax Department on Sunday refuted reports which claimed that the date of filing tax return has been extended to September 30.

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Sebi board meeting: 10 key takeaways from IPO reforms to mutual fund regulation tweaks

The Securities and Exchange Board of India approved reforms. These reforms relax norms for public offers and shareholding. Foreign investors will have easier market access. Real Estate Investment Trusts now have equity status. Exit load for mutual funds is reduced.…

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After cut in GST, CBIC orders price tracking of 54 items

The Central Board of Indirect Customs and Taxes will monitor price changes. This follows the Goods and Services Tax rate rationalisation. The new rates become effective September 22, 2025. Field formations must track prices for six months. They will submit…

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India, EU looking forward to win-win FTA, says Piyush Goyal

India and the European Union are actively pursuing a comprehensive free trade agreement, aiming to finalize negotiations by the end of December. Both sides are engaged in intensive discussions to create a balanced and mutually beneficial partnership that encourages innovation…

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  • How this doctor earning ₹1.51 crore annually amassed investments worth ₹11.32 crore

    Despite earning a modest salary during training, Chan has built an investment portfolio worth around $1.2 million across brokerage, savings and retirement accounts..

  • Gifted money to your wife and she invested it in FD, gold or shares? The income may still be taxable in your hands

    While transferring funds to a spouse may seem advantageous for tax savings, income could be subject to clubbing under Section 64, making it your taxable income. Details here.

  • Bought a flat but possession was delayed? Here's what Supreme Court ruled on Delhi homebuyer's case

    In a recent case, the Supreme Court ruled that homebuyers can claim compensation for delayed possession of their apartments, even after taking possession. Details here.

  • ITR filing 2026: Who pays a taxpayer's tax dues after death? Do they have to pay from their own pocket?

    After a taxpayer's death, their legal heirs or legal representative is responsible for filing ITR on their behalf. Legal heirs are not liable for a deceased taxpayer's tax dues beyond inherited asset value.

  • Missed declaring FD income last year? Here's how you can rectify it and what happens if you ignore it

    Fixed deposits offer safe, assured returns but are taxable under income tax laws. Taxpayers who missed declaring FD interest can file an updated return (ITR-U) within four years, allowing for corrections with varying additional tax penalties based on the filing time. Details here.

  • Power of compounding: Become crorepati with ₹12,500/month PPF contribution—Here's how you can build ₹6.75 crore corpus

    Investment planning should align with current finances, risk tolerance, and future goals. The Public Provident Fund (PPF) offers a safe, low-risk option for long-term savings, providing tax benefits and guaranteed returns, making it an ideal choice for wealth building.

  • AMFI seeks review of decade-old $7 billion overseas MF investment cap

    AMFI plans to again approach RBI, Sebi and the government to raise the decade-old overseas investment cap for mutual funds. The industry says a higher limit will give investors greater access to global markets.

  • Buy Nvidia at 2 am on a Sunday? How Indians can own tokenised US stocks and how they differ from traditional trading

    Nvidia's stock surged over 1,000% since the ChatGPT release, becoming the world's most valuable company. Investors are now eyeing other AI chipmakers like Micron and Sandisk, while tokenized stocks offer a new way to invest in these companies.

  • Bitcoin crash far from over? Experts see another 30% downside to $42,000 | Buy, sell or hold?

    Bitcoin futures dropped to $58,995 on Thursday, over 50% below last year's peak, with predictions indicating a further decline to around $42,000-$44,000 by year-end. Profit booking across assets and rising AI investments contribute to selling pressure amid a strong U.S. Dollar Index.

  • Income-tax returns: How much rebate can you claim under Section 87A? Eligibility and rules explained

    Income-tax returns: Filing your ITR for AY27 / FY26, here's how much rebate you can claim under Section 87A of the I-T Act. We explain the eligibility criteria, tax regime details and rules for taxpayers.

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