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Realty sector seeks interest rate cut to drive housing demand

NAREDCO has urged the RBI to cut repo rates by 25-30 basis points to stimulate the housing market. Lower rates are expected to enhance liquidity, make home loans affordable, and benefit related industries, supporting the government’s vision of inclusive growth…

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Part shifting of customs duty to AIDC to have marginal impact on state transfers: CBIC Chairman

CBIC Chairman Sanjay Kumar Agarwal stated that shifting part of the basic customs duty to the Agriculture Infrastructure and Development Cess (AIDC) will only marginally impact state revenue, as the total amount is about Rs 4,000 crore across 30 states.…

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India’s debt to decline to 50-51% if it maintains a nominal growth rate of 10.5 %: SBI Funds

If India maintains a nominal growth rate of 10.5 per cent its fiscal deficit is expected to reduce to 4 per cent of GDP in the next financial year (FY26), according to a report by SBI Funds.

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Adani Wilmar faces ₹41.99 lacs penalty under Uttar Pradesh GST Act

Adani Wilmar Limited faces a penalty of ₹41,99,465/- under the Uttar Pradesh GST Act, 2017, applied by the Deputy Commissioner of CGST & Central Excise Division, Lucknow for transitional credit availed in form TRAN-1. The company plans to appeal against…

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Lupin Limited faces ₹2.28 cr penalty from West Bengal GST authority for ITC misuse

Lupin Limited has been penalized ₹ 2,28,94,783/- by the West Bengal GST Appeal Authority for wrongful availment of ITC during FY 2017-2018. The company plans to challenge this order, deeming the penalty arbitrary and unjustified, and will file an appeal…

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Govt continues to push solar sector, budgetary allocation hiked 60 pc this year: Jefferies

The government continues the push for the solar sector in the FY26 Budget, with a year-on-year (YoY) rise of over 60 per cent to Rs 242 billion (24,200 cr), according to a report by Jefferies.

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  • 8th Pay Commission: 5 important Gazette provisions that could impact lakhs of employees and pensioners

    The 8th Pay Commission is about much more than a salary hike. From allowances and pensions to performance incentives and gratuity, these five key Gazette provisions could reshape the pay and retirement benefits of Central government employees. Check the complete details, including FAQs. 

  • Reporting capital gains on equity and debt MFs? Here's a step-by-step guide

    While most of the changes to capital gains taxation were implemented in FY24-25 or AY25-26, taxpayers filing returns this year for AY26-27 still need to navigate a detailed reporting framework, particularly for equity transactions.

  • Your child's education can help you save tax: Eligibility, rules, limits for school and hostel fee exemption

    Families can save on school fees through tax exemptions for education and hostel allowances from employers. Tuition fees may also also qualify for deductions under Section 80C. Here's everything you need to know about these tax benefits.

  • Income-tax returns: Filing tax as a senior citizen? Tax slab, rebate and marginal relief — here are key things to know

    Income-tax returns: The I-T department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) forms for AY27. Today we lay out the numbers and key things to know for senior and super senior citizens looking to file their returns.

  • Karnataka builder failed to give promised amenities for 6 years; RERA intervenes: What you can do if it happens to you

    A Bengaluru homebuyer has been waiting over six years for promised amenities after paying ₹40 lakh for an apartment. He approached Karnataka RERA for relief and partly won the case. Here's what you can do if it happens to you.

  • 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.

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