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Section 12AB crackdown: Trusts in grey zone as ‘charity’ tested by scale, sustainability

Indian tax authorities are increasing scrutiny on charitable trusts. This is leading to disputes over what constitutes a “charitable purpose.” Hospitals and religious groups are facing registration cancellations. The issue is moving to courts, which will shape future interpretations. The…

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Only 33% CFOs have real-time tax visibility despite 63% rating compliance strong: Report

India’s tax administration is now AI-driven and real-time, but corporate India lags, creating a “visibility gap.” While many finance leaders deem their tax compliance strong, few have real-time tax exposure visibility. This disconnect poses risks as authorities increasingly use AI…

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Origen Realty appoints Sandhya Singla as CFO to steer financial strategy

Origen Realty has appointed Sandhya Singla as its new Chief Financial Officer to bolster its financial leadership during expansion. With over two decades of experience at major corporations, Singla will focus on strengthening governance, business planning, and supporting long-term growth…

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RBI likely to hold rates in June amid two conflicting objectives, says HSBC Chief India Economist

The Reserve Bank of India (RBI) faces two conflicting objectives before its next interest rate decision in June, as the economy grapples with a potential double shock from energy prices and uncertain weather patterns, said Pranjul Bhandari, Chief India &…

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Air India board meets amid cost pressures, CEO transition plans likely under discussion

Air India’s board convened to address financial challenges and cost-saving strategies, with a new CEO selection also on the agenda amidst West Asia conflict impacts.

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Explained: What NSE's Electronic Gold Receipts mean for yellow metal investors

NSE’s Electronic Gold Receipts (EGRs) offer investors a regulated and fully digital way to own and trade physical gold without storage or purity concerns. Backed by SEBI-regulated vaults, EGRs aim to make gold investing more transparent, accessible and standardised while…

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  • Aarogya Setu 2.0 launch today: How India’s new digital health platform may cut healthcare costs

    A smarter healthcare future begins with Aarogya Setu 2.0, bringing digital health records, ABHA integration, insurance support and easier access to medical services. The new platform aims to simplify healthcare access, reduce paperwork and improve patient experiences.

  • 8th Pay Commission: 5 key employee demands take centre stage ahead of crucial July consultations

    8th Pay Commission: Five major employee demands move into focus ahead of July consultations. Demands include pension revision, pay parity, maternity benefits and other allowances.

  • From ITR filing to TDS: 6 major tax deadlines in July 2026 that every taxpayer should know

    July is crucial for taxpayers due to key compliance deadlines, including income tax return filing. Missing deadlines can result in penalties and late fees. Full list of due dates this month.

  • EPFO 3.0: UPI, ATM withdrawal facility rollout date, limit, will you get an ATM card — All questions answered

    EPFO subscribers can soon withdraw provident fund savings via UPI apps and EPF-linked ATMs under the new EPFO 3.0 digital platform. 

  • EPFO portal upgrade: What changes for EPF members, what happens to existing claims, when you can file a new claim

    The EPFO's member and employer portals have been down since June 26 for software upgrades, causing delays in claims processing. Services are anticipated to resume by July 1, 2026. Here's what changes for EPF members among other details.

  • Mumbai IT employee hit with ₹3.36 lakh tax demand after employer fails to deposit TDS — here's what happened next

    A Mumbai IT professional faced a tax demand of ₹3.36 lakh after her employer failed to deposit deducted TDS. The ITAT ruled in her favor, stating tax demands cannot be raised if TDS is deducted but not remitted. Details of the case here.

  • Meet 29-year-old techie who worked ‘undercover’ at Starbucks to launch Matcha House in Manhattan with ₹1.9 crore savings

    Meet 29-year-old software engineer named Michelle Yeung who worked ‘undercover’ at Starbucks to launch Matcha House in Manhattan with ₹1.9 crore savings.

  • 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.

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