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India considers cutting personal income tax to lift consumption, sources say

INDIA-BUDGET-India considers cutting personal income tax to lift consumption, sources say

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India now has 1.57 lakh recognised startups, 73000 with at least 1 woman director: Centre

The country has emerged as one of the most vibrant startup ecosystems globally, earning its place as the third largest startup hub. With over 100 unicorns, the Indian startup landscape is shaping the future of innovation and entrepreneurship.

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Banks can charge over 30% interest on credit card dues: SC

The Supreme Court has allowed banks to charge over 30 per cent interest on credit card dues. This overturns a sixteen-year-old NCDRC verdict that labeled high interest rates as an unfair trade practice. The court stated that the NCDRC did…

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India’s IPO storm to continue through 2025 with fundraising expected to cross Rs 2 lakh crore

Currently, 34 companies have Sebi approval to raise Rs 41,462 crore, while 55 others await clearance for Rs 98,672 crore. In 2024, 143 DRHPs were filed, significantly higher than 84 in 2023 and 89 in 2022. With more IPO filings…

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RBI sets up 8-member committee to recommend framework for ethical AI in financial sector

Reserve Bank of India has set up an eight-member committee, comprising experts from diverse fields, to recommend a Framework for Responsible and Ethical Enablement of AI (FREE-AI) in the financial sector.

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Electronics goods emerge as fastest growing segment in India’s exports

Electronics goods have emerged as the fastest-growing segment in India’s export basket as new manufacturing capacities have come up in the country driven by the success of the Centre’s production-linked incentive (PLI) scheme.

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EPFO interest credit begins: How members can check if the amount is credited to their accounts
EPFO members can see their annual interest of 8.25% for FY2025-26 in their accounts starting July 15. Here's how you can check your PF balance online.
Property registry alone doesn't prove ownership: Here's what else homebuyers need to do
Purchasing and registering a property does not guarantee legal ownership. Validity relies on the entire title chain and documentation. Mutation, while important for records, does not affect ownership rights, experts said. 
Trump's accounts sold Micron, bought Nvidia: Expert warns, ‘Don't mistake it for a strategy’
Donald Trump's investment accounts, managed by third parties, have executed over 6,100 stock trades in 2023. Notably, they sold Micron shares while acquiring Nvidia stock, highlighting a contradiction between Trump's public praise for Micron and his accounts' trading decisions.
Warren Buffett says Alphabet bet was his call, admits ‘I made a mistake…’ | Why Berkshire is betting billions now?
Warren Buffett confirmed his decision to build Berkshire Hathaway's substantial stake in Alphabet, stating he acted independently of CEO Greg Abel. 
EPFO alert: Why updating your profile photo is crucial for e-nominations and PF claims
EPFO members are urged to upload a recent profile photo on the Unified Member Portal to complete e-nominations and online claims. Here's why it matters and how to do it.
Gifting stocks to your spouse, child or friend? Check how the tax rules differ in three scenarios
Gifting stocks can trigger tax implications depending on the relationship between the donor and recipient. Transfers to close relatives are often tax-exempt, while gifts to others exceeding ₹50,000 are taxable. 
How can families preserve art, jewellery and heirlooms for future generations?
A trust can help families preserve art, jewellery and heirlooms across generations by setting clear rules on ownership, access, conservation, display, monetization and succession.
Monsoon is here: Why you're paying out of pocket for sudden illnesses despite having health insurance
Health insurance covers major hospitalisation costs, but many medical expenses, such as doctor consultations and medicines, are often paid out of pocket. Experts say financial preparedness and understanding policy coverage can help families avoid unexpected healthcare costs.
SIP returns disappointing? Here's when to stay invested and when to switch funds
Negative or muted SIP returns in the initial years are not uncommon, especially for equity mutual funds. Experts say investors should judge a fund over a full market cycle and switch only if there are signs of structural issues.
NRI tax filing: Moved abroad? Here's when you still need to file an ITR in India
Moving abroad does not end your tax obligations in India. From excess TDS and capital losses to property sales and future tax planning, here's when NRIs should file an ITR.