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India faces growing pressure to adopt crypto after US strategic reserve move

Experts say structured regulatory approach could enable India to balance innovation with risk mitigation. Key steps could include drafting a comprehensive crypto regulation bill, establishing investor protection mechanisms, integrating stablecoins with the country’s central bank digital currency (CBDC), reforming the…

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RBI flags risks in Rs 50,000-60,000 crore perpetual credit lines by NBFCs

The central bank has advised some lenders to slow down the issuance of these credit lines, citing risks associated with borrowers rolling over debt instead of making structured repayments.

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Section 87A tax rebate on STCG income allowed by CIT (Appeals); Know how this legal battle was won

Section 87A: Tax rebate under Section 87A was not given on special rate income like STCG since July 5, 2024. Many taxpayers who could claim it were served with a tax demand notice. Now a Delhi based taxpayer who filed…

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CAG Murthy, 16th FinCom Chairman Panagariya hold consultation on public finance

Comptroller and Auditor General (CAG) K Sanjay Murthy consulted with the 16th Finance Commission’s Chairman on public finance issues, focusing on untapped revenue sources, GST administration, and standardising accounting practices. The CAG recommended regular updates, leveraging modern technology, and integrating…

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Investors spy the dawn of a tectonic shift away from US markets

A significant global trade war and China’s emergence as a tech leader are prompting a shift in global investment away from the U.S. While China deployed more stimulus to mitigate the impact of U.S. tariffs, Europe proposes a massive fiscal…

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Trump exempts some automakers from Canada, Mexico tariffs for one month

U.S. President Donald Trump will exempt automakers from 25% tariffs on Canada and Mexico for one month, contingent on free trade rule compliance. While negotiations continue, this move provides a temporary boost to auto stocks. Trump’s tariffs aim to pressure…

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  • Govt’s hub-and-spoke model for international travel: How will it help airline passengers?

    The government’s hub-and-spoke model will allow airline passengers to check in baggage and complete customs and immigration formalities at spoke city airport (Tier-II and -III cities), and take onward flight from the hub city airport (Delhi or other major cities) to international locations.

  • Bank holiday today? Check if SBI, HDFC, ICICI are closed on 11 July for second Saturday off — RBI calendar here

    Public and private banks across India will remain closed today, 11 July, for the second Saturday holiday. Bank operations will remain suspended nationwide, but online banking services will remain accessible for transactions.

  • Why a same-sex couple is challenging the income tax law that exempts gifts only between spouses? Explained

    The Karnataka High Court has requested the Union government to respond to a petition challenging tax exemptions for gifts between spouses, which currently excludes same-sex couples. Details here.

  • EPS 2026: New withdrawal rules and 20-day claim settlement explained

    With EPS 2026, the pension system for organized sector employees is reformed for transparency and efficiency. It mandates a 36-month wait for withdrawal benefits, enforces a 20-day claim processing deadline, and supports higher pensions, while preserving existing benefits for current members.

  • If you invested like Trump, you'd be ahead of the S&P 500 — here's what the US President is betting on

    Trump's financial disclosures reveal he executed 21,285 stock trades in 2025, averaging one trade every five minutes. His portfolio has outperformed the S&P 500, with a 37.3% return since his inauguration. Here's a look at the US leader's portfolio .

  • EPFO passbook portal restored after software upgrade; members can access accounts again ahead of 8.25% interest credit

    The EPFO has restored its passbook portal after a two-week outage due to a database upgrade. Members can access their accounts again ahead of 8.25% interest credit. 

  • Same salary, different loan amount? Here's why banks may treat borrowers differently

    Lenders consider factors beyond income when approving loans, such as repayment history and financial habits. Two individuals with identical salaries may experience different loan outcomes based on their overall financial profiles.

  • Which ITR form should you file? A guide for salaried employees, pensioners and other taxpayers

    The ITR forms have been revised for AY 2026-27, affecting ITR-1, ITR-4 and ITR-2. Taxpayers must ensure correct filing by reviewing income sources and changes to avoid complications. The filing deadline is 31 July 2026 for individuals and non-audited entities.

  • Forgot your ITR login password? Here's how to reset it without access to Aadhaar-linked mobile number

    Taxpayers can reset their income tax e-filing portal password using various methods if they forget it, even if they don't have access to their Aadhaar-linked mobile number. Step-by-step guide here.

  • AMFI Data: Gold ETF inflows rebound to ₹3,443 crore in June after May outflows, here's what changed

    Gold ETF inflows rebounded sharply to ₹3,443 crore in June, reversing May's outflows as investors returned after profit booking. Experts say cooling gold prices and persistent global uncertainties revived demand for the safe-haven asset.

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