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BJP CA Cell writes to Centre as delay in 57th GST Council meet keeps key reforms pending

Haryana BJP CA Cell seeks relief on legacy GST disputes, refund bottlenecks and procedural lapses; experts warn prolonged gap in GST Council meetings is delaying critical reforms and increasing compliance uncertainty for businesses.

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Trump says any Iran deal will involve 'no cash', differ from Obama-era agreement

Donald Trump outlined his vision for a future Iran deal. He emphasized no financial concessions would be made, contrasting it with the Obama administration’s agreement. Trump asserted his proposed deal would prevent Iran from acquiring nuclear weapons. Senator Lindsey Graham…

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Diesel, petrol price hike: Fuel rates increased for fourth time since Iran war began

This rise reflects global crude oil price surges and ongoing geopolitical tensions. Oil companies have been facing significant daily losses.

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India can’t escape global oil shock; fuel prices hurting economy, says former BPCL exec

India’s economy is significantly impacted by the global oil shock, with crude prices surging by nearly 60%. Former BPCL Marketing Director Sukhmal Kumar Jain highlighted rising import costs and rupee depreciation as major concerns. He emphasized that the nation’s heavy…

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Lenders urge RBI for hedging support framework to revive overseas borrowing

Indian banks and companies are asking the Reserve Bank of India for help with offshore debt. High costs to protect against currency changes make borrowing abroad more expensive than at home. This is slowing down foreign fundraising. A new support…

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RBI ready to do 'whatever is required' to curb rupee volatility: Sanjay Malhotra

The Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be undervalued. The central bank has tools and reserves to manage volatility. Inflation remains the primary focus for…

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News

  • 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.

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