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Karnataka: Volvo to invest Rs 1500 Cr to expand Hoskote facility, to add 2000 jobs

Volvo Group has announced a Rs 1500 crore investment to expand its manufacturing facility in Bengaluru, expected to create 2,000 direct jobs and boost production capacity to 20,000 units annually. This initiative solidifies Karnataka’s position in the global manufacturing landscape…

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India may become Canva’s biggest market in 3-5 years: cofounder Cameron Adams

In India, Canva is pushing for growth in users as well as revenue as it brings out more localised offerings. Globally, as Canva gears up for its initial public offering (IPO) this year, it is increasingly going after large enterprise…

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What’s changed in the Income Tax Bill 2025? Key differences between the old and new tax frameworks

Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, aiming to modernize India’s tax system. Key reforms focus on digital assets, remote work, and streamlined processes. Will these changes simplify taxation and benefit businesses in the digital economy? Here…

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Budget’s goal is to propel growth, boost private investments: FM Sitharaman in RS

Finance Minister Nirmala Sitharaman stated that the Union Budget 2025-26 aims to boost growth, ensure inclusive development, and stimulate private sector investments. Despite external challenges, she emphasized accurate assessments and highlighted that the effective capital expenditure for the next fiscal…

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Financial services, IT will be most attractive for PE buyouts in 2025, industry group head says

INDIA-INVESTMENT-Financial services, IT will be most attractive for PE buyouts in 2025, industry group head says

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Essential for govt departments to modernise to cater to ever-rising public expectation: President Murmu

President Droupadi Murmu emphasized the need for government departments to leverage emerging technologies for efficient service delivery to meet public expectations. She highlighted the importance of modernizing financial management systems and enhancing connectivity and financial inclusion, especially for rural and…

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  • 8th pay commission to close job vacancies for consultant roles in August — Check eligibility, salary and other details

    8th CPC: The 8th pay commission has invited eligible candidates to fill vacancies for consultant roles. Here are details on job openings, qualifications required, salary and the deadline for applications.

  • EPFO portal now offers two ways to transfer your PF balance after changing jobs — here's the entire process

    The EPFO member portal now allows salaried employees to transfer their EPF balance from previous employers to current ones more easily, aiming to reduce paperwork. Here's how the process works and what all you need to know.

  • DA hike: Amid expectations of dearness allowance increase in July, here's a look at the past announcements

    DA hike: Amid expectations that the Indian government will announce dearness allowance increase in July 2026. we take a look at the trend of past DA hike announcements during the 7th central pay commission.

  • ITR filing 2026: If your income exceeds ₹1 crore, this disclosure is mandatory

    Taxpayers earning over ₹1 crore must file additional disclosures about assets and liabilities under Schedule AL when submitting their income tax returns. Details here.

  • Pension rules: Orissa HC says government employees can't lose pension over leave alone

    The Orissa High Court has ruled that unauthorised absence from work, by itself, is not grave misconduct that justifies compulsory retirement or denial of pension. The court restored a railway employee's retirement benefits after finding the punishment disproportionate.

  • Nasdaq 100 tops 20-year returns at 21%; Nifty Midcap leads Indian markets: Which investment created more wealth?

    The Nasdaq 100 emerged as the biggest long-term wealth creator over the last 20 years, with 21.3% returns. Among Indian equity benchmarks, the Nifty Midcap 150 TRI delivered the highest annualised return over the same period at 16.3%.

  • EPFO centralised database migration: Single portal for claims, digital interface, CITES project — Key features explained

    The Employees' Provident Fund Organisation (EPFO) has this month migrated entire member database to the Centralised IT Enabled Services (CITES) project. The overhaul of its digital infrastructure aims to make services faster, transparent and more citizen centric.

  • Received money, shares or property as a gift? It may be tax-free, but here's when you will have to pay tax

    Gifts from family can be tax-exempt, but not always. Tax treatment varies based on the giver, value, and occasion. Here's when a gift is tax-free when it becomes taxable.

  • Quant Small Cap Fund portfolio: Reliance Industries among 9 stock exits, 5 new additions in June

    Quant Small Cap added five new stocks to its portfolio in June while making complete exits from nine companies, including Reliance Industries. The fund also sharply increased holdings in RBL Bank, Sona BLW Precision Forgings and Anand Rathi Wealth while trimming exposure to several existing stocks.

  • Who is an NRI for income tax purposes? Know the conditions under which ITR filing is required in India

    Living abroad does not automatically exempt NRIs from filing an ITR in India. Tax filing depends on residential status, income earned from Indian sources, and other conditions such as salary, rent, capital gains, business income, TDS refunds, and DTAA claims.

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