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NFRA flags common audit lapses across 10 firms, exposes systemic gaps in audit quality

Inspection reports highlight recurring deficiencies in audit evidence, documentation, independence and quality controls across firms.

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Corporate and business entities dominate political funding as donations to national parties surge 161% to Rs 6,648 crore in FY25

Electoral trusts contribute 60.53% of total funding; BJP receives over Rs 6,000 crore, more than 10 times of other parties combined.

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ED has attached proceeds of crime worth Rs 64,920 cr in bank fraud cases: FM Nirmala Sitharaman

​In the Lok Sabha, Sitharaman also said the Fugitive Economic Offenders Act (FEOA), 2018 was enacted to deter economic offenders from evading Indian law by staying abroad and was applicable to offences involving Rs 100 crore or more.

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Government has taken steps to mitigate risks arising from West Asia conflict: Ministry of Finance

He listed out the steps taken by the government to deal with the crisis, including measures to manage external sector volatility and support the balance of payments.

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Quick commerce, restaurant chains firing offers to cash in on IPL

​Amazon Now, Flipkart Minutes and Instamart this weekend launched ‘match-ready’ deals on food and beverages brands with discounts of over 40%, while cafes and chains have kick-started promotions to leverage the high-decibel tournament that started on Saturday.

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Senior exits shake up Deloitte M&A business amid strategy shift

​Executives who quit include Rajesh Aggarwal, head of debt advisory, Ruchi Sarna, national head of consumer investment banking, and Suresh Atal, a senior partner in transaction advisory, multiple sources said.

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  • Income-tax returns: Are all donations 100% exempted from tax under old regime?

    ITR: As the season to file your income-tax returns, we take a look at whether all donations qualify for 100% exemption from tax under the old tax regime, what are the categories, recipients, qualifying limit and more…

  • How a Gurgaon couple spent ₹1.59 lakh and still invested ₹2.2 lakh in March

    The couple shared that accommodation accounted for the largest share of their monthly expenses. They live in a 2.5BHK apartment in a gated society in Gurgaon, where ₹50,800 goes towards rent and electricity bills.

  • PM SVANidhi scheme: Street vendors receive loans worth ₹17,800 crore in 6 years; Key points to note while applying

    Since June 2020, the PM SVANidhi scheme has provided over 1.12 crore collateral-free loans totaling ₹17,800 crore, benefitting street vendors in India. Here are the details of the scheme and some key things to know if you are planning to apply.

  • Moving abroad? Here's when your EPF withdrawal becomes taxable and how NRIs can avoid paying extra tax

    EPF is a major retirement savings plan for salaried workers, requiring both employee and employer contributions. If you move abroad, the rules governing the scheme changes. Here's when your provident fund withdrawal becomes taxable and how NRIs can avoid paying extra tax.

  • Shifting insurance providers? Improve your policy by porting — Here's why you should consider it and what steps to take

    Policyholders who are due for a renewal are in place to avail health insurance portability to change or upgrade benefits in their existing insurance policy through portability. Here's why you should consider it and what steps to take…

  • Credit card fees piling on? Here's things you can do to reduce or avoid some charges

    Credit cards offer flexibility and benefits but come with high interest rates and fees. Financial discipline is essential to maximise advantages and maintain a good credit score. Here's things you can do to reduce or avoid some charges…

  • 8th pay commission: Meeting with employee representatives scheduled in Kolkata — Check dates here

    8th pay commission: The 8th CPC will schedule meetings with employee representatives, unions, groups and stakeholders in Kolkata, West Bengal in July 2026. Check dates and full schedule of meetings in June and July here…

  • Radhika Gupta reveals the biggest finance job opportunities for the next decade: ‘Don’t only chase crowded markets…’

    Edelweiss CEO Radhika Gupta urges students to explore diverse finance careers beyond popular roles like investment banking, highlighting talent shortages in rapidly growing sectors. Here are some job roles that may witness a boom in the coming years.

  • Dearness Allowance: Punjab Cabinet to discuss DA, DR, pay arrear, clears regularisation of over 65,000 employees—Details

    DA: Punjab Cabinet to consider payment of dearness allowance and dearness relief dues and pay arrears of state government employees across categories and pensioners for specified periods, PTI reported. 

  • Want to move your Sukanya Samriddhi Yojana account to another bank? Here's the complete transfer process

    Sukanya Samriddhi Yojana helps parents save for their daughters, offering competitive interest and tax advantages. Accounts can be transferred between banks with necessary documentation. Here's the full process.

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