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Go Digit General Insurance gets ₹20.51-crore GST show-cause notice over alleged ineligible ITC claims

Go Digit General Insurance has received a show-cause notice from the Directorate General of GST Intelligence demanding over ₹20.51 crore. The notice alleges ineligible input tax credit claims between September 2022 and March 2024.

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Allcargo Logistics targets ₹3,000 cr revenue by FY30, CFO bets on pricing and service quality

Allcargo Logistics aims for over ₹3,000 crore revenue by FY30, driven by service quality and disciplined pricing, said CFO Deepak Pareek. Pareek also spoke on how the company is navigating fuel cost volatility, the pricing actions built into FY27 assumptions,…

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upGrad appoints former JioStar finance head Mukesh Mundra as CFO

Edtech firm upGrad has appointed Mukesh Mundra as its new Chief Financial Officer to bolster its financial leadership during global expansion. With over 26 years of experience in diverse sectors, Mundra will oversee finance and administration, focusing on strategy and…

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Welspun World appoints former ACME Solar executive Rajat Kumar Singh as Group CFO

Welspun World has appointed Rajat Kumar Singh as its new Director and Group Chief Financial Officer, effective June 1. Singh will lead financial strategy, capital allocation, and investor relations to support the conglomerate’s growth and expansion. His extensive experience in…

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Wilmar International chief says India must target 60% self-sufficiency in edible oils

India needs to produce more edible oils domestically. Kuok Khoon Hong, chairman of Wilmar International, suggests aiming for 50-60% self-sufficiency. This move is crucial given India’s vast consumption and current reliance on imports. Stable government policies are key to encouraging…

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New IIP series to cover rare earths, gas supply; RE to get separate index

India will launch an updated Index of Industrial Production on June 1 It will offer more detailed tracking of industrial activity.

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How balanced credit mix improves credit score, boosts loan eligibility, say experts
A healthy credit mix can improve your credit profile by showing responsible borrowing behaviour. Here's how secured and unsecured loans, timely repayments and low credit utilization influence credit scores constructively and help borrowers access better financial opportunities.
8th Pay Commission: Top 5 latest official updates central government employees and pensioners must know
The 8th Pay Commission is holding stakeholder meetings and consultations. Central government employees can track key developments and submission deadlines before recommendations on salaries, pensions and allowances are finalized.
Property inheritance: How this one document can prevent family disputes later
A missing property document can lead to legal disputes over inheritance. Estate planning is essential for ensuring asset distribution aligns with one's wishes and minimises conflict among heirs after the owner's death. Here are the key components of estate planning. 
Bank holidays in August: SBI, HDFC, other lenders to be closed for 14 days next month; Check full RBI calendar here
In August 2026, RBI has marked 14 holidays for banks, during which in-branch services will not be available. UPI, ATM and other such essential services remain functional on holidays. Check full RBI's bank holiday calendar for next month here.
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.