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CBDT recovers Rs 35,500 crore in tax dues in H1, aims for Rs 1 lakh crore by year-end

CBDT has made significant progress in recovering tax dues, collecting Rs 35,500 crore in the first half of FY 2024-25, with plans to target Rs 1 lakh crore by year-end.

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India clocks 12 pc rise in deal volume in Jan-Oct, China sees 23 pc decline

India saw 11.9 per cent increase in deal volume (year-on-year) in the January-October period, bucking the overall trend in the Asia-Pacific region, a new report has said.

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India has embarked on new journey and goal is to build ‘Viksit Bharat’: PM Modi

During his visit to Nigeria, Indian Prime Minister Narendra Modi addressed the Indian diaspora, highlighting India’s achievements over the past decade. He emphasized India’s economic growth, emergence as a global leader, and ambitious goals, including becoming a USD 5 trillion…

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Indian economy capable of handling global shocks: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any adverse fallout from global events.

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PM Modi heads for G20 meet, looks forward to ‘meaningful talks’

Prime Minister Narendra Modi embarked on a three-nation tour, starting with Nigeria, followed by the G20 summit in Brazil, and concluding with a visit to Guyana for the India-CARICOM summit. The trip aims to strengthen bilateral ties, engage with the…

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ICAI moves T’gana high court against YSRC MP Vijaya Sai

ICAI through its disciplinary committee is looking into the allegations of the role played by Vijaya Sai as an auditor-member of the institute in extending the service of an auditor to the companies floated by Andhra Pradesh former chief minister…

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  • ITR filing AY 2026-27: How to report Sovereign Gold Bond income correctly and avoid tax filing mistakes

    Taxpayers filing ITR for AY 2026-27 must correctly report Sovereign Gold Bond interest and capital gains. Check how SGB interest, maturity redemption and pre-maturity sales are taxed, which ITR schedules to use, and why the Budget 2026 changes will not apply this year.

  • 8th Pay Commission: Level 1 and Level 10 salaries compared under 2.1, 2.5 and 3.0 fitment factors

    The 8th Pay Commission's fitment factor will determine future salary and pension revisions for government employees. Here's how different fitment factor scenarios could impact basic pay, allowances and overall earnings, while highlighting why the final government decision remains crucial.

  • ITR: Attention taxpayers! Excel utility for ITR-5 and ITR-7 released — Here's how to use, which forms to choose

    As the 31 August deadline nears, taxpayers can use the Income-Tax Department’s Excel Utility for ITR-5 and ITR-7 on the e-filing portal for FY26. This allows offline preparation of returns before digital submission, ensuring timely processing.

  • Delhi Lakshmi Yojana: Beneficiaries to get ₹2,500 per month — Check eligibility, monthly benefits and how to apply

    Delhi Lakshmi Yojana: Beneficiary women will get ₹2,500 per month under the scheme earlier known as Mahila Samriddhi Yojna. Check here for details on eligibility criteria, the monthly benefits and steps for how to apply.

  • EPFO automates PF transfer — will it apply if you changed jobs long ago but never transferred your balance?

    EPFO has automated the PF transfer process for Aadhaar-linked UAN holders when switching jobs. Here's who stands to benefit from this feature and whether it will apply if you changed jobs months or years back but never transferred your balance.

  • 8th pay commission: Here's how much HRA could change for employee levels 1-5 based on fitment factor suggestions

    8th pay commission: We take a look at the likely revision in house rent allowance (HRA) for central government employees across level 1 to 5 in X, Y and Z category cities based on suggested fitment factor.

  • Want to build ₹1 crore corpus in 10 years? Here is the monthly SIP you need

    The size of your mutual fund investment depends on two key factors: the rate of return and the amount of SIP. The higher the rate of return, the bigger the corpus.

  • Nifty India Consumption Index beats Nifty 50 over 3, 5, and 10 years: Here are the top 5 ETFs tracking the theme

    The Nifty India Consumption Index tracks 30 companies across sectors linked to India's consumption story, including FMCG, automobiles, telecom, and healthcare. Investors can access this theme through ETFs such as Nippon India ETF Nifty India Consumption and ICICI Pru Nifty India Consumption ETF.

  • EPFO 3.0: What has changed — Before vs after, updated rules, CITES project, online access and new features explained

    EPFO 3.0 enables members to withdraw up to 75% of their EPF balance via UPI, enhancing quick access to funds for various needs. The system upgrade allows for automatic account transfers when changing jobs and offers digital solutions for claims and account management, improving efficiency.

  • Credit score dropped despite paying on time? Here's how to get it corrected

    A sudden drop in your credit score isn't always caused by missed payments. Experts explain how to identify reporting errors, dispute incorrect entries and get your credit profile corrected.

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