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Remittances, services surplus lift India to $4.7 billion current account surplus in April

The services sector also contributed to the surplus. However, higher imports, particularly crude oil, led to a merchandise deficit. Foreign portfolio investors withdrew funds amid global conflicts, impacting the capital account.

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Sebi allows AIFs to retain liquidation proceeds beyond fund life

The regulator also introduced an ‘Inoperative Fund’ framework for wound-up funds with residual obligations.

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Fiscal stress deepens across states as all 28 post deficits in FY25: CAG report

India’s states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liabilities rising to Rs 90.51 lakh crore as of March 31, 2025, according to the Comptroller and Auditor General’s (CAG)…

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Centre's disinvestment receipts poised to cross Rs 15,000 crore in the April-June quarter

The Centre’s disinvestment receipts are set to cross Rs 15,000 crore in the April-June quarter of the financial year 2026-27, driven by the success of offer for sale transactions in the shares of public sector enterprises.

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Foreign investors may bet big on Indian stocks after regulatory clarity emerges

India has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long-term positive, initial inflows are expected to be slow due to operational, tax, and compliance hurdles for offshore investors…

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NSE Indices launches 11 new sectoral indices, total count rises to 34

NSE Indices Limited, the index services subsidiary of the National Stock Exchange (NSE) has expanded its portfolio by introducing 11 new sector-specific indices, as per a statement by NSE Indices.

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No ITR filed despite ₹30 lakh salary: Delhi ITAT explains why ₹3.74 lakh penalty was deleted
A salaried taxpayer earning over ₹30 lakh did not file his ITR and was later fined ₹3.74 lakh for under-reporting income. Delhi ITAT deleted the penalty after finding that he disclosed his full income and the tax department accepted it without additions.
CGHS medical reimbursement rules clarified: Know ₹3,000 test limit, referral rules for employees and pensioners
CGHS has clarified rules on follow-up consultations, diagnostic tests and medical reimbursements for central government employees and pensioners. Tests costing up to ₹3,000 generally need to be done at the same hospital, while costlier investigations may require CGHS referral.
Three habits young professionals can’t afford to skip
Three habits—from reading beyond your field to questioning your assumptions—that can help young professionals stay ahead.
Freelancers earning income from US IT companies: Key FAQs answered on tax calculation, TDS, GST and ITR filing
Indian freelancers earning from US IT companies need to correctly report income, convert dollar earnings, claim expenses, and comply with ITR, DTAA, GST, and foreign-income rules. 
Husband deposits his income in wife's bank account: Is she liable to pay tax? Here's what ITAT ruling says
A ₹71.56 lakh cash deposit in a wife’s bank account came under the tax department’s scrutiny after she said the money was received from her husband. The Pune ITAT has now ruled on whether the same amount could be treated as unexplained income. 
Reverse migration? Is cash finding its way back as currency with public surges to ₹41.8 lakh crore?
At present UPI has nil charges, similar to cash transactions. However, if this changes and MDR charges are passed to customers, the public could shift towards cash. Already the margin between cash and UPI transactions is narrowing, as per a report.
Foreign asset disclosure scheme 2026: How to calculate market value of different overseas holdings — check rules
The Foreign Assets of Small Taxpayers Disclosure Scheme 2026 allows eligible taxpayers to declare certain foreign assets and income. Valuing these assets correctly is important, with different rules for shares, bank accounts, property, and other assets. 
8th pay commission: What's on the agenda for upcoming states visits and meetings? Check top updates
8th pay commission: What's on the agenda for the panel's upcoming states visits in August and September? Check top updates for the planned meetings in Jaipur, Chennai, Chandigarh, Puducherry and Mumbai.
Fact Check: Did PM Modi announce free 1-tola gold scheme on Independence Day? Here's what the PIB unit says
A viral video featuring PM Modi has been circulating on social media, claiming a free 1-tola gold for Aadhaar card holders. Here's what PIB Fact Check reveals about the alleged scheme and the authenticity of the viral video.
DA hike: BMS stages protest at Jantar Mantar to push demands — Minimum pension, OPS, labour codes on charter
The Bharatiya Mazdoor Sangh protested in Delhi today, urging the government to address long-standing demands for employees, pensioners, and unorganised workers, including a minimum wage of ₹30,000 and job security for contract workers.