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Explained: Why Rule 31B is triggering fresh GST heat on online gaming firms

Brought in 2023 on the recommendation of the GST Council, Rule 31B of the CGST Rules states that in the case of online gaming, the “value of supply” shall be the amount paid or deposited with the gaming service provider.…

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India’s Infosys narrows revenue forecast as profits beat expectations

Indian IT giant Infosys on Wednesday increased the lower end of its annual growth forecast for the current fiscal year after reporting better-than-expected results for the June quarter. The Bengaluru-headquartered firm also reported a 8.6 on-year increase in net profit…

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India’s economy holding up despite global uncertainties, central bank bulletin says

INDIA-CENBANK/BULLETIN (PIX)India’s economy holding up despite global uncertainties, central bank bulletin says

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India emerges as a global mobile manufacturing powerhouse, says CDS study

This transformation, starting in 2017, is attributed to sustained government support, and strategic integration into global value chains (GVCs) with a sharp policy pivot towards exports with the launch of the Production Linked Incentive (PLI) Scheme in 2020, according to…

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Thyrocure names Vikram Gupta as CFO, Alok Jagnani elevated to Group CFO at API Holdings

Thyrocure has appointed Vikram Gupta as Chief Financial Officer and Key Managerial Personnel, effective July 24, 2025. He succeeds Alok Kumar Jagnani, who has been elevated as Group CFO of API Holdings and will also be proposed as a Non-Executive…

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OneSource Industries and Ventures CFO Vibhu Maurya resigns

OneSource Industries and Ventures Limited announced the resignation of its CFO, Vibhu Maurya, effective July 23, 2025. Maurya, who also served as Managing Director for a year, cited personal reasons for his departure. Appointed in March 2023, he succeeded Sumeet…

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  • DA hike for employees under 5th, 6th Pay Commissions: Key details from Finance Ministry orders on Dearness Allowance

    Ministry of Finance: The government has revised the Dearness Allowance for government employees continuing under the 5th and 6th Pay Commissions, effective 1 July 2026. Here are the revised DA rates, eligibility details, and the impact of the increase on monthly payouts.

  • Gold and silver price today, Oct 30: Check retail rates of 24K, 22K gold and 999 silver ahead of Dhanteras, Diwali

    Gold and silver futures declined modestly on October 30, with MCX gold at ₹142,351 per 10 grams and silver at ₹1,88,943 per kg. Retail prices varied across major Indian cities, while jewellers may add making charges, taxes and GST.

  • SGB 2019-20 Series VI premature redemption today: Investors to earn up to 275% gains; check RBI fixed price

    Sovereign Gold Bonds: RBI has fixed the premature redemption price of SGB 2019-20 Series VI at ₹14,213 per gram. Investors who purchased the bonds at the original issue price can earn capital gains of up to 275%, excluding interest and taxes.

  • RBI raises Floating Rate Bond 2034 interest rate by 81 basis points; check revised rate for October 2026–April 2027

    The RBI has raised the interest rate on the Government of India Floating Rate Bond 2034 for the six-month period from 30 October 2026 to 29 April 2027 by 81 basis points. Here's what the revised rate means for investors and how the bond works.

  • Income tax: Can your business income be clubbed with your husband’s? ITAT ruling offers relief to woman

    ITAT ruled in favour of a woman whose timber business was treated as her husband’s family firm by the Income Tax Department. The tribunal found insufficient evidence linking the two businesses, highlighting the importance of proving ownership in tax disputes.

  • India's HNI term insurance bookings double since 2023; younger buyers drive growth, shows new report

    Term insurance bookings among high-net-worth individuals have doubled since April 2023, while average coverage has risen 30%, Policybazaar data shows. Details here.

  • Financial planning beyond mutual funds: 6 checks every investor should review annually to secure long-term goals

    Financial planning goes beyond mutual funds. A 1 Finance report identifies six areas investors should review annually: estate planning, loans, investments, income and expenses, insurance, and tax. These checks can help protect wealth and keep long-term goals on track.

  • DA hike news: 10-year growth - How central govt dearness allowance rate rose from 2% in 2016 to 63% in 2026 | Explained

    Central government employees' dearness allowance rose to 63% of basic pay in 2026 after a three-percentage-point increase. Here's a look at the allowance's growth over the past 10 years.

  • EPFO plans to invest 3% of fresh inflows in startups and AIFs, five years after approval: What you need to know

    EPFO is drawing up guidelines to invest up to 3% of fresh annual inflows in startups and alternative investment funds (AIFs), five years after government approval. The proposal is expected to go before its board in November.

  • Flat possession delayed for nearly 10 years? Consumer court orders builder to refund ₹45 lakh with 9% interest

    A Mumbai consumer commission has ordered a developer to refund ₹45.45 lakh to a homebuyer who waited nearly a decade for a Panvel flat, with 9% annual interest taking the payout to ₹86.37 lakh. However, it rejected his claim for ₹5.23 lakh in home loan interest.

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