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Net direct tax collection rises 5% to Rs 23.40 lakh cr in FY26, misses revised budget target

India’s net direct tax collections reached over Rs 23.40 lakh crore in fiscal year 2025-26. This marks a 5.12 per cent increase from the previous year. However, the collections fell short of the revised government target for the fiscal. Corporate…

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IndiGo ropes in former Airbus executive for AI push

​Hoesch’s appointment comes at a time when the domestic aviation industry is sharpening its focus on AI to enhance efficiency amid pressure on operating costs especially high jet fuel prices.

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Oil eases on signs US is loosening Iranian closure of Strait of Hormuz

Oil prices saw a dip on Tuesday. This followed a significant rise after indications that the U.S. Navy is easing Iran’s control over the Strait of Hormuz. This development could potentially unlock vital oil supplies from the Middle East. The…

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Trump warns Iran would be "blown off the face of the Earth" if Tehran attacks US vessels in Strait of Hormuz

US President Donald Trump on Monday (local time) sharpened his warnings to Iran over its nuclear program and regional tensions, saying that the United States “can’t let Iran have a nuclear weapon”. During a Fox News interview, Trump also suggested…

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NRI investors shift second-home bets to domestic hotspots amid global uncertainty

Indian second-home markets like Goa and Himachal Pradesh are seeing a surge in demand. High-net-worth individuals are shifting investments from Dubai to India. This trend is driven by a desire for stability and familiarity. Indian destinations offer lifestyle benefits and…

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InGovern asks directors of 7 listed Tata firms to push for listing of Tata Sons

Corporate governance firm InGovern Research Services has urged directors of seven listed Tata Group companies to push for Tata Sons to go public. This move aims to protect public shareholders from upcoming RBI regulatory shifts by 2026. The firm highlighted…

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News

  • Income-tax returns: Forms, disclosures, details and documentation — Top 10 common mistakes to avoid while filing ITR

    From using appropriate forms, to making proper income disclosures, filling correct details and attaching documentation for proof — Here are the top 10 common mistakes to avoid while filing your returns.

  • Bank FDs earn up to 7.75% in May 2026! Check latest interest rate — Compare SBI, HDFC, ICICI and Yes Bank fixed deposits

    FD rates comparison: Here's a look at the latest bank fixed deposit rates offered by the biggest lenders State Bank of India, ICICI Bank, HDFC Bank, Kotak Mahindra Bank and Yes Bank.

  • Aadhaar gearing for ‘new look’? IT Ministry says no such plan, speculation ‘not correct’ — Here's all we know

    The IT Ministry clarifies that it has no plans for a “new look” for its Aadhaar cards, adding that such speculation is “not correct”. Here's what's new for the government's biometric ID so far in 2026.

  • 6 essential emergency fund rules every Indian household should know to stay debt-free

    Emergency fund rules help households build financial resilience. It is imperative to maintain 3–6 months' expenses, keeping funds separate, prioritising liquidity, starting small, refilling after use, and reviewing annually for stability. 

  • Struggling with a credit score below 650? 6 simple ways to improve it and boost loan approval chances

    The strategy to improve a credit score below 650 focuses on timely EMI payments, reducing credit utilisation, limiting loan applications, clearing high-interest debts, maintaining old accounts, and regularly monitoring credit reports for accuracy.

  • Safe personal loan EMI on ₹30,000 salary: Simple budgeting tips explained

    Understanding borrowing fundamentals is vital for personal loans. Keeping EMIs at 20-25% of income ensures financial stability. High EMIs risk missed payments, which negatively impact credit scores. Seek professional advice for sustainable financial planning.

  • Can cancelling a credit card hurt your score? Here's how to minimise the impact on your credit history

    A strong credit score is necessary to show lenders that you are a reliable borrower, and first timers or young customers may wonder if closing your credit card could affect this number. Here's how you should manage card closures to protect your credit history…

  • I-T returns: Want to verify if your Income-Tax notice is authentic? Here's a stepwise guide for how to do so

    Filing income tax returns online has simplified the process, but it can confuse first-time taxpayers. Income Tax Notices inform taxpayers of issues like unreported income or discrepancies. Here's how you can verify a notice's authenticity.

  • 5 reasons strong savings rate matters more than market returns in building a secure and sustainable retirement plan

    A disciplined savings rate drives retirement planning by boosting compounding, reducing risk, and ensuring financial security, helping individuals build a stable, sustainable long-term wealth corpus.

  • Salary ₹50,000? Here’s how much PF corpus you can build in 20 years

    EPF corpus from a ₹50,000 salary can grow substantially over 20 years through disciplined contributions, employer support and compounding, potentially reaching ₹40–60 lakh with salary increments.

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