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Strict timelines, independent audits: ED receives online feedback on improving functioning

​The agency, in a statement on Tuesday, said the findings were part of a nationwide public outreach campaign hosted on the Union government’s MyGov platform, as part of the 70th anniversary of ED’s establishment.

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Strong consumption keeps growth steady amid Iran war cost concerns

India’s economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The government plans to attract more foreign investment and boost revenue through asset sales. Efforts are underway to support farmers and…

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India Inc to dole out salary hikes of up to 10.2 pc across industries in FY27: Report

Corporate India anticipates salary increments between 8.6% and 10.2% this financial year, driven by demand for skilled talent in high-growth sectors like EV and FinTech. Emerging cities are also strengthening their position in the talent economy, while select roles and…

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Flexi-staffing industry in India sees 8% YoY growth in new employment in 2025-26: ISF report

The push for formal employment, strongly supported by the staffing industry, has been instrumental in bringing more workers into structured flexi roles, thereby boosting reported employment figures and aligning with the industry’s commitment to providing formal opportunities, especially for first-time…

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ED summons Pinarayi Vijayan's daughter for questioning in PMLA case

The investigation pertains to alleged irregularities in CMRL’s financial transactions and its links with Veena’s now-defunct company Exalogic Solutions Private Limited.

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L&T betting big on 'digital workers' to overcome manpower challenges inprojects: CFO R Shankar Raman

Larsen & Toubro is embracing automation and robotics to boost construction. The company aims to transform the industry by reducing reliance on manual labor.

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News

  • EPFO's insurance scheme explained: Here's how members can file EDLI claims, avail up to ₹7 lakh benefit at no extra cost

    The EPFO's Employees Deposit Linked Insurance Scheme (EDLI) offers insurance for members and ensures that their families receive financial payout in case of death. Here's how to claim up to ₹7 lakh benefit at no additional cost… 

  • Delhi Lakshmi Yojana: ₹2,500 aid cannot be spent on tobacco, gambling and...; here's what’s banned?

    The Delhi Lakshmi Yojana provides ₹2,500 monthly to eligible women from low-income families, effective August 1. Beneficiaries face strict eligibility checks and spending restrictions.

  • Advance tax under Income Tax Act, 2025: Who needs to pay, deadlines and how to calculate it

    Advance tax helps taxpayers spread their income tax payments throughout the year instead of paying a lump sum later. The Income Tax Act, 2025, introduces rules from Tax Year 2026–27. Here’s who needs to pay, key deadlines, and how to calculate it.

  • Oil prices could fall to $60: Will petrol and diesel get cheaper for the common man?

    Mark Matthews of Julius Baer predicts crude oil prices may drop to $60 a barrel amid geopolitical concerns. While higher supply from Gulf producers could stabilise prices, sustained low prices are unlikely. The impact on consumers may be limited due to taxes and refinery costs in India.

  • Can an NRI be the sole trustee of an Indian private trust?

    There is no prohibition under the Indian Trusts Act on appointing a non-resident Indian as a trustee of an Indian private trust. However, the appointment should be structured carefully, in the context of the rights available to beneficiaries

  • ‘Salary will stop one day; medical bills will not’: Top fund manager warns about losing ₹2 lakh a month if...

    A sizeable corpus doesn't necessarily end anxiety, said a retirement strategist, noting that many retirees are afraid to spend because they do not know how much they can safely withdraw without exhausting their savings.

  • Does an NRI get taxed for gifting savings to his father's HUF? Does this fall under Income from Other Sources? Explained

    An NRI in the UK inquired about the tax implications of gifting savings to his father's HUF. HUFs face specific tax rules under the Income Tax Act 2025, treating unconsidered gifts as taxable income, with exceptions for relatives.

  • 8th pay commission: Here's how much fitment factor of 2.57, same as 7th CPC, can hike salaries for employees

    Fitment factor is a multiplier used to convert an employee's basic salary to the revised basic salary under the new pay commission. Today, we calculate how much of a salary hike another 2.57 fitment factor — same as 7th CPC — could provide beneficiaries.

  • 'Building wealth isn't the goal': Deepak Shenoy’s investment advice for mutual fund SIPs goes viral

    Deepak Shenoy, Founder and CEO of Capitalmind Mutual Fund, highlights the effectiveness of lump-sum investing and SIPs. He explains how initial portfolio value reflects saved money while wealth ultimately relies on both investing and spending wisely in life.

  • Financial constraints a major challenge in narrowing DA gap with central govt employees, says Tripura FM

    Financial constraints are the major challenge to narrowing the dearness allowance (DA) gap with central government employees and pensioners, as per Tripura state finance minister Pranajit Singha Roy. 

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