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Nirmala Sitharaman & Co said to be evaluating windfall tax

India’s finance ministry is considering scrapping the windfall tax on domestic crude oil output, according to Tarun Kapoor, an adviser to the Indian prime minister.

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Hero MotoCorp launches programme to support startups in automotive industry

Under the programme, selected startups will get exclusive access to Hero MotoCorp’s research and development facilities in Germany and India, besides the company’s extensive network of dealers, suppliers and partners, along with mentorship.

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Total debt on major telcos hits Rs 4.09 lakh crore in FY24; BSNL debt lowest at Rs 23,297 crore

BSNL had a debt of Rs 40,400 crore in FY22, which was reduced to Rs 28,092 crore with the help of a revival package and financial support from the government.

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US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate

Within the GDP data, a category that measures the economy’s underlying strength rose at a solid 3.2% annual rate from July through September, up from 2.7% in the April-June quarter. This category includes consumer spending and private investment but excludes…

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Malls may cut multiplex space as cinema-led revenues shrink

Mall developers are reducing multiplex spaces in future projects due to declining footfall and revenues. Multiplexes now contribute only 6-7% of mall traffic, compared to 10% previously. The rise of OTT platforms and a lack of compelling content are cited…

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Abu Dhabi’s IHC says its outlook on Adani Group investments is unchanged

Abu Dhabi’s IHC maintains its investment stance in India’s Adani Group despite a recent US indictment against Gautam Adani and other executives for alleged bribery. IHC expressed confidence in Adani’s green energy contributions. The indictment follows previous accusations of stock…

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Paid taxes abroad? Here's how Form 67 helps claim foreign tax credit in India
Foreign Tax Credit allows Indian residents to reduce their tax liability in India by claiming credit for taxes already paid in another country. The Income Tax Department allows eligible resident taxpayers to claim a Foreign Tax Credit (FTC) by filing Form 67 along with the supporting documents.
ITR filing 2026: Think twice before claiming fake tax deductions — You could land in prison, face penalties
Taxpayers who falsely claim deductions to reduce tax liabilities could face severe penalties, prosecution, or imprisonment. Here are the consequences if a taxpayer is found guilty.
EPFO automates PF transfer after job switch — Does it benefit private or exempted PF trust members?
EPFO simplifies the provident fund transfer process for Aadhaar-linked and KYC-compliant UAN holders by automating it, reducing paperwork. Here's whether private trust-managed funds will benefit from this new feature or not.
Annapurna Yojana: Haven't you received your payment yet? 8 reasons why
The first funds of the Annapurna Yojana were credited to nearly 1.1 crore beneficiaries. West Bengal's Chief Minister reported 1.6 crore applications were received, with 26 lakh rejected for various reasons.
Same trip, same loss: why was one insurance claim rejected?
In situations where two insured individuals are affected by the same insured event but receive contradictory decisions, it is reasonable to seek clarification based on such differential treatment. An insurer should be able to explain why identical facts have resulted in different outcomes.
Bengaluru landowner sold 17 flats, made ₹11.8 crore and paid no tax — then won the tax dispute | Know how
A Bengaluru resident won a tax dispute over capital gains of ₹11.8 crore from selling 17 apartments. Although the income tax department initially rejected his tax exemption claims, the ITAT ruled he could claim exemptions on multiple properties, as each sale was an independent transaction.
India's CPI inflation is 4.38%, but your personal inflation could be higher. Here's how to calculate it
India's CPI inflation stood at 4.38% in June 2026, but your personal inflation rate may differ depending on your spending habits. Using MoSPI's category-wise inflation data, you can calculate your own personal inflation rate.
2 crore ITRs already filed: Experts explain why you must submit your tax returns before 31 July deadline
With two crore income tax returns already filed, experts advise taxpayers to complete their ITR filing before the 31 July deadline. Early submission can help avoid last-minute errors, resolve tax mismatches, claim refunds faster and ensure smooth compliance without depending on an extension.
Why diversification—not stock picking—could define wealth creation over the next decade
As markets become more volatile and leadership shifts across asset classes, investors may need to rethink portfolios built around a single source of returns.
UPI vs Credit Cards: Experts explain how to choose right payment method for everyday spending
UPI and credit cards each offer unique advantages for everyday payments. Here are the key differences, benefits, rewards, credit score impact, and practical tips for choosing the right payment method for daily spending, budgeting and long-term financial planning in India.