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Centre expects Rs 5.91 lakh cr from cess and surcharge in FY26

The Finance Ministry anticipates collecting ₹5.91 lakh crore from cess and surcharge in the current fiscal year, marking a 9.43% increase from the previous year. These collections, comprising ₹4.18 lakh crore from cess and ₹1.72 lakh crore from surcharge, will…

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Ahead of IPO, NSDL raises Rs 1,201 crore from anchor investors

​This anchor portion witnessed participation from domestic and foreign institutional investors, including Life Insurance Corporation of India (LIC), Smallcap World Fund Inc, SBI Mutual Fund (MF), Fidelity Funds and Nippon India MF, according to a circular uploaded on the BSE’s…

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India Inc to offer average salary hike of 6.2-11.3% across industries: Report

According to the TeamLease Services – Jobs and Salaries Primer 2025- 26 report, the average salary hikes is projected to be in the range between 6.2 per cent and 11.3 per cent across industries, while some role-level salary increments are…

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CEO pay in India averaged Rs 7.2 crore in FY24, MNCs offer higher salaries than Indian firms: Report

The average compensation for Chief Executive Officers (CEOs) in India’s listed companies touched Rs 7.2 crore, growing at an annual rate of 9 percent over the last decade, according to a report by executive search firm Resource Bridge.

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Will Trump’s tech hiring warning boost GCC growth in India?

While a formal shift in US immigration or outsourcing policy could alter recruitment strategies for overseas roles, it is unlikely to reverse the trend of growing onshore hiring in India.

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State revenue growth to rise marginally to 7-9% in FY26, backed by GST and centre support

India’s 18 largest states are expected to see revenue growth of 7-9% in FY26, slightly above last year’s 6.6%, supported by steady GST collections and central tax devolutions. Liquor and GST will drive own-tax revenues, while grants from the Centre…

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  • UPI payment failed but money debited? Banks must refund and pay ₹100 per day compensation under RBI rules

    The Reserve Bank’s framework on turnaround time and customer compensation for failed transactions sets clear deadlines. Here is all you need to know.

  • EPFO news: Opportunity to settle EPF damage cases at reduced rates with VISHWAS 2026 - check eligibility

    VISHWAS 2026 is a one-time settlement scheme that lets employers resolve disputes over damages levied for delayed Provident Fund contributions. Several High Courts have directed or encouraged employers to use the scheme to close pending litigation.

  • Income Tax Form 141 covers property sales, rent, contractor payments and more: Details here

    Form 141 is intended to streamline TDS reporting and payment for transactions involving immovable property, rent, payments to contractors or professionals, and transfers of virtual digital assets (VDAs).

  • Husband earning ₹85,000 a month to pay ₹36.25 lakh after divorce: Patna High Court cites ‘reciprocal cruelty’

    A division bench of Justices Rana Vikram Singh and Bibek Chaudhuri passed the order on October 9. Along with upholding the divorce, the court directed the husband to pay his estranged wife ₹36.25 lakh as permanent alimony.

  • How return comparisons can mislead investors: Focused mutual funds hold just 30 stocks but benchmark against Nifty 500

    Focused mutual funds hold up to 30 stocks but typically benchmark against the Nifty 500 TRI or BSE 500 TRI. Experts explain why this comparison can mislead investors, whether style-based benchmarks are needed, and how to assess returns, downside risk and stock selection.

  • Dhanteras shopping: A complete guide to buying gold, diamond jewellery safely

    A BIS hallmark provides information about the purity of the gold in a jewellery article. It does not, by itself, certify the quality, authenticity or origin of every diamond or gemstone set in the piece.

  • New Form 141 replaces 4 TDS forms for property buyers, rent payments and VDAs: What changed under Income Tax Act 2025

    The Income-tax Act, 2025, effective April 1, 2026, introduces Form 141 to consolidate four TDS forms. Applicable from Tax Year 2026–27, it covers specified property purchases, rent, contractor and professional payments, and virtual digital asset transfers. Here are the thresholds and filing rules.

  • Senior Citizen FD rates Oct 2026: Earn up to 8.5% interest | Public, private banks and SFB fixed deposit rates compared

    Senior citizens can earn up to 8.5% interest on fixed deposits in October 2026. Small finance banks offer the highest rates, followed by private and public sector banks. Here is a comparison of top FD rates across banks for 1-year, 3-year, and 5-year tenures.

  • Insurance regulation: Reform must strengthen the market, not weaken its foundations

    Proposed changes to insurance commissions could reshape distribution, jobs and access to protection. Reform must be backed by evidence of lower costs and better consumer outcomes.

  • Paid ₹1.15 lakh to move goods to Nagaland, got damaged TV and 23 missing items; what did consumer commission order?

    After her belongings were delayed, damaged and partly lost during a Delhi-to-Nagaland move, Longchar sought compensation. The consumer commission held the movers deficient in service and rejected Urban Company’s claim that it was merely an intermediary.

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