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Amazon salary filings reveal Rs 2.3 crore pay for H-1B software engineers

Amazon is offering substantial salaries, up to $263,700, to foreign hires for software engineering and other roles under O-1 and H-1B visas. These base salaries, revealed in mandatory filings, don’t include equity. Notably, the online retail giant has been cutting…

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Minimalist will not survive after HUL acquisition, says Bombay Shaving Company CEO

Shantanu Deshpande of Bombay Shaving Company predicts Minimalist will struggle post-acquisition. He cites founder departures and integration challenges. Hindustan Unilever acquired Minimalist for a significant sum. The deal and leadership changes at HUL fuel the discussion. Some defend Minimalist’s potential…

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Geojit Financial Services to shift revenue mix towards distribution, targets 60 percent share by FY30: CFO Mini Nair

Highlights: * Geojit aims to rebalance revenue mix to 60 percent distribution by FY30. * Plans to onboard 30 lakh clients and add 200 branches in five years. * Rising SIP and mutual fund adoption among young investors influencing shift…

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SoftBank-backed InMobi looks to raise $1 billion via Indian IPO

InMobi, a mobile advertising platform supported by SoftBank, intends to launch an IPO in India. The company aims to raise $1 billion. It plans to appoint arrangers for the Mumbai IPO and submit a draft prospectus this year. InMobi may…

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BigBasket turnover declines in FY25 amid rising quick commerce competition

BigBasket, the Tata Digital-backed e-grocery platform, experienced a decline in annual turnover. This was due to stiff competition from quick commerce rivals like Blinkit and Zepto. Innovative Retail Concepts’ turnover fell 3% to Rs 7,673 crore. Losses also increased to…

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India’s IT ecosystem employs over 6 million people: Govt

Global rankings such as Stanford AI rankings place India among the top countries in AI skills, capabilities, and policies to use AI. India is also the second-largest contributor to GitHub AI projects, showcasing its vibrant developer community, Minister of State…

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Income Tax Bill 2025: No change in tax rates, focus on simplifying language. Here's what IT dept says
The Income Tax Department confirmed that the Income Tax Bill, 2025 does not change tax rates, including long-term capital gains, focusing instead on simplifying language and removing outdated provisions. The bill aims to enhance ease of doing business and reduce taxpayer litigation.
How can large business families divide assets without breaking bonds?
As business families grow more complex, structured approaches can help divide assets while preserving relationships and legacy.
Money and marriage: How couples can manage expenses and investments
Finances are an important portion of life. Getting that right, having the right expectations about money and from each other regarding money, is the foundation on which a good marriage rests. Here are a few tips to ensure that money matters do not contribute to marital discord.
Bad credit score: Meaning, impact on loans and jobs, and ways to improve it fast
A bad credit score can restrict access to personal loans and hurt job prospects. Understand credit score ranges, their impact, and the best steps to boost and maintain financial credibility.
Who should file ITR with income below ₹2.5 lakh under old and new tax regimes? Check the rules here
People earning below ₹2.5 lakh may be exempt from filing an income tax return, unless specific financial conditions trigger mandatory ITR submission under current tax rules.
Credit card delinquencies hit ₹33,886 crore: 5 simple habits to avoid falling into debt trap
Credit card delinquencies in India rose 44 per cent to ₹33,886 crore, reflecting growing financial stress. Here are 5 smart credit card habits to avoid falling into debt.
The Bond Boom: New section can be your guide to a balanced portfolio
Amid global trade shifts, the Indian bond market is thriving with a record issuance of ₹9.9 lakh crore in FY25. Livemint's new Bonds section, Bond Street, aims to empower investors with insights and resources for informed decision-making in the fixed income landscape.
Selling property? Know what counts as ‘cost of improvement’ for capital gains calculation
Selling a property after upgrading it? From kitchen remodels to boundary walls, here’s what you can claim as improvement cost under tax rules. Mint explains.
Still on the old regime? Use these spending-linked deductions to save taxes
Tax-payers opting for old tax regime can claim deduction on education expenses such as tuition fees, preventive health check-up, etc. Certain spending attracts TCS, which can be claimed regardless of old or new tax regime.
I-T Department extends deadline for e-filed tax returns erroneously rejected by CPC
The Central Board of Direct Taxes (CBDT) declared on Monday, 28 July 2025, that it is relaxing the time limit for income tax returns (ITRs) that were erroneously rejected by CPC. After the returns are processed, the department will issue the refund with interest if applicable in certain cases.