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Aditya Birla Money appoints Deloitte Haskins & Sells as statutory auditors for five years

Aditya Birla Money Limited’s Board has approved the re-appointment of Deloitte Haskins & Sells LLP as their Statutory Auditors. Subject to shareholder approval, Deloitte will hold the position for a second term of five years. This term extends from the…

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IndusInd clarifies no forensic audit by EY, bank’s internal department reviewing MFI business

IndusInd Bank clarified on Tuesday that it has not appointed EY for a forensic audit, contrary to media reports. Instead, EY is assisting the bank’s Internal Audit Department in reviewing certain records related to its microfinance business as part of…

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Taxpayers can file income tax without login, CBDT unveils ‘e-Pay Tax’ feature

The Income Tax Department has introduced the ‘e-Pay Tax’ feature on its official online portal to facilitate the taxpayers by easing various processes, according to the Central Board of Direct Taxes (CBDT).

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Despite GST hurdle, Zupee reports ₹1,123 crore revenue and maiden profit

Zupee, the skill-based ludo platform, announced its first annual profitability with a net profit of ₹146 crore on a net revenue of ₹1,123 crore for FY24. The company witnessed a 60% surge in its user base, driven by expansion into…

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US tariff hike clouds India’s export outlook, add pressure on domestic demand: RBI

The Reserve Bank of India (RBI) has expressed apprehension regarding the potential adverse effects of recent US trade tariff increases on the Indian economy. The central bank cautions that these tariffs could diminish India’s exports and dampen domestic demand, consequently…

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Indian state-run firms seek government nod to issue deep-discount, long-tenor debt

US-INDIA-DEBT-BONDS-Indian state-run firms seek government nod to issue deep-discount, long-tenor debt

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  • EPFO: Taxation rule on Voluntary Provident Fund — the ₹2.5 lakh VPF threshold, explained

    VPF allows employees to contribute more than the mandatory EPF rate for a larger retirement corpus. Contributions over ₹2.5 lakh face taxation on excess interest. VPF matches EPF's interest rate and qualifies for tax deductions under Section 80C, with specific withdrawal conditions.

  • ₹17L tax refund denied after taxpayer missed ITR e-verification while caring for ill father: Here's what ITAT ruled

    A Delhi taxpayer was denied a ₹17 lakh tax refund due to late e-verification of his ITR while caring for his ill father. ITAT ruled that denying the refund on technical grounds violates Article 265 of the Constitution, leading to a ruling in his favor.

  • Tamil Nadu: 25% salary hike for TASMAC liquor outlet employees to curb overcharging — See how pay increases

    The Tamil Nadu state government has today hiked the salaries of employees working at its TASMAC liquor outlet by 25% with aim to bring in reforms — curb corruption and overcharging at these stores. Here's all we know…

  • HDFC Bank revises MCLR across tenures: Check latest lending rates and what they mean for your loan EMI

    HDFC Bank's revised MCLR now ranges from 8.05% to 8.70%, affecting borrowers linked to the one-year or three-year rates. While the overnight rate decreased slightly, other tenures remain unchanged. Details here.

  • 8th pay commission: HRA revision, minimum monthly transport allowance, salary increase — Check top demands by AINPSEF

    8th pay commission: The All India NPS Employees Federation (AINPSEF) has demanded HRA revision, minimum monthly transport allowance, DA hike, and salary increase for central government employees and pensioners.

  • Top 5 business cycle mutual funds compared: AUM, returns and portfolio strategy

    Business cycle funds aim to capture opportunities across different phases of the business cycle: growth, recession, slump, and recovery. ICICI Prudential Business Cycle Fund is the biggest fund with an AUM of ₹15,798 crore and has delivered an 18.77% return over the last three years.

  • DA hike: Kerala mulls 2% increase in Dearness Allowance by August for extra salary during Onam festivities

    DA hike: Kerala is considering a 2% increase in Dearness Allowance for state government employees to be disbursed in their August salaries, ahead of Onam festivities. An official order is awaited.

  • Form 68 explained: Who should file the new exempt income statement, how it works, can it be revised — all FAQs answered

    The income tax department has launched Form 68 under the Income-tax Act, 2025, for specified investment funds to file exempt income statements and claim tax benefits for eligible non-resident investors. Details here.

  • What is the active share of a mutual fund

    Active share measures how different a fund's portfolio is from its benchmark index, expressed as a percentage between 0% and 100%.

  • Is a ₹35,000 monthly pension enough in Lucknow? Expert breaks down housing, healthcare, food and daily costs

    Stretching a ₹35,000 monthly pension requires careful planning, especially in smaller cities like Lucknow and other similar urban areas. A structured budget, pre-built emergency savings, healthcare planning, and low-risk investments can help retirees manage expenses.

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