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SEBI clears path for promoter-group cousin to serve as independent director, clarifies LODR eligibility norms

Informal guidance to Maithan Alloys says cousin of promoter-group member is not a ‘relative’ under LODR Regulations; clarification may influence board appointments across listed companies.

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RBI to conduct Rs 50,000 cr 2-day variable rate repo auction on Jun 3

The Reserve Bank of India will conduct a two-day variable rate repo auction worth Rs 50,000 crore on June 3. This move aims to manage liquidity in the banking system. The auction will occur between 9:30 am and 10 am.…

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Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee

INDIA-ECONOMY-Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee

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At 22 pc, Haryana GST collection growth rate in May highest in country: State govt

Chandigarh, Haryana has achieved the top position nationally for state GST collection growth in May. The state recorded a significant 22 percent year-on-year increase. This performance surpasses the national average of 6 percent. Haryana also leads in cumulative growth for…

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Court grants bail to CA accused in GST fraud case lodged in 2020

Karkardooma Court has recently granted bail to a Chartered Accountant (CA) in a GST fraud case. The Court noted that the FIR was lodged in the year in 2020 and the investigation is still ongoing. CA Atul Gupta was arrested…

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ED arrests 4 promoters in Rs 2,004-crore homebuyer fraud case involving over 19,000 buyers

The Enforcement Directorate has arrested four promoters of Earth Infrastructures Ltd. This action is part of a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud. Over 19,000 buyers and investors were affected. The accused were taken into custody…

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  • EPFO mandates PF, pension claim settlement within 20 days — What to do if it's delayed?

    EPFO employees will experience faster settlements for provident fund, pension, and insurance claims, with a 20-day processing rule. Delays incur a 12% penal interest. Here's how employees can submit their complaints. 

  • EPF interest credit delayed? What it means for your savings

    EPFO members have begun receiving the annual interest of 8.25% for FY2025-26 in their provident fund accounts, starting July 15. Interest is credited annually, and updates may take time to display, but any delays do not affect the amount earned.

  • Gifting money to your spouse? Here's when tax applies and who pays it

    Transferring money to a low-income spouse to reduce tax liability can backfire, as income may be taxed in your hands under clubbing provisions if invested. Details here.

  • EPF withdrawal tax rules explained: When your corpus is tax-free, when it is taxable and how TDS works

    EPF withdrawals are tax-free if an employee completes five years of continuous service. Withdrawals before five years may be taxable, except in certain cases such as ill health or employer closure. TDS rules depend on the withdrawal amount. 

  • REITs vs REIT mutual funds vs physical property: A complete guide to capital gains tax, TDS and post-tax returns

    The same real estate exposure can result in different post-tax returns. REIT mutual funds and listed REITs offer a shorter holding period for long-term capital gains than direct property, while differences in income taxation and TDS can further impact investor returns.

  • ITR filing deadline nears: Why the 31 July deadline is more important than you think

    Missing the ITR due date can have consequences beyond a late filing fee. Delayed filing may lead to interest on unpaid taxes and the loss of key tax benefits, such as carrying forward capital losses. Knowing the applicable deadline can help taxpayers avoid unnecessary costs.

  • No international mutual funds left for fresh SIPs after Baroda BNP Paribas Aqua FoF closure: What investors can do now?

    Indian investors no longer have any international mutual fund open for fresh SIPs after Baroda BNP Paribas Aqua FoF stopped accepting new investments. With overseas investment limits restricting fund houses, investors are left with alternatives like international ETFs or direct overseas investing. 

  • Income Tax e-filing login FAQs: Answers to common questions on PAN, Aadhaar, OTP, passwords and more

    Taxpayers can log in to the Income Tax e-filing portal through multiple methods, even without their registered mobile number. While Aadhaar linking is not mandatory for login, it enables full access to portal services. Accounts are locked after five failed login attempts as a security measure.

  • Should you break an FD or take a loan against it when you urgently need money? Experts explain

    Need urgent cash? Check whether breaking a fixed deposit or taking a loan against an FD is the better option. Compare costs, penalties, interest rates and repayment factors to make a smarter financial decision while protecting your long-term savings.

  • Social security: Want to register on e-Shram portal? Here's how unorganised workers can sign-up, top FAQs answered

    Social security: Over 31.78 crore unorganised workers are registered on e-Shram porta till July 2026. Today, we take a look at how you can apply, the eligibility criteria and most frequently asked questions…

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