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Big audit firms deploy AI tools to strengthen audit quality amid regulatory heat

Indian external auditors are adopting AI and agentic AI tools to enhance audit quality and fraud detection amidst regulatory pressure from the NFRA. Major firms are integrating these technologies to automate data ingestion and analysis, moving towards full-population testing and…

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India Inc biggies turbocharge plans to move logistics into electric lane

Top Indian companies are boosting their green logistics plans. PepsiCo is expanding its electric vehicle corridors. Maruti Suzuki aims to shift more vehicle dispatches to railways. Hindustan Unilever is increasing renewable energy use. Dabur India is deploying more EVs and…

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High costs pull India Inc's foreign borrowing down 51%

The rupee ended fiscal 2026 as the worst performer in Asia against the US losing close to 10% of its value in a year marked by record exits from Indian equities by overseas investors amid a global scramble for dollar-based…

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Crisis? Yes, but can it be an economic opportunity?

When a crisis appears to be knocking on the door, I am not going to be unrealistically optimistic. Yet, crises also force nations to rethink priorities, and there are several sectors where India initiated conversations years ago but failed to…

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India wholesale inflation jumps to 8.3%, highest in 3-1/2 years on oil shock

Wholesale inflation in India jumped to 8.3 percent in April. This is the highest rate recorded in the current series. Soaring fuel and crude oil prices are the main drivers. This rise impacts mineral oils, natural gas, and manufactured goods.…

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India considers reducing taxes on bond investments by foreigners, reports Bloomberg News

INDIA-BONDS/India considers reducing taxes on bond investments by foreigners, reports Bloomberg News

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  • ITR filing deadline 2026: Over 4.1 crore returns filed so far; experts advise taxpayers not to wait for an extension

    The ITR filing deadline for AY 2026-27 remains 31 July, with experts expecting no extension. Over 4.1 crore returns have already been filed. Taxpayers should file and e-verify returns on time to avoid penalties, interest and loss of key tax benefits.

  • ITR filing 2026: Avoid these 5 costly mistakes before the July 31 deadline

    The July 31 ITR deadline is just days away. Avoid these five common filing mistakes that could lead to tax notices, refund delays or additional tax demands.

  • 8th Pay Commission: Fitment factor above 3 may raise salaries, but test Centre's fiscal discipline

    8th Pay Commission: Fitment factor debate has intensified as employee unions seek a multiplier above 3. While a higher fitment factor could significantly increase salaries and pensions, experts say the Centre will balance employee expectations with fiscal sustainability before final recommendations.

  • SEBI proposes MF-only PMS with ₹25 lakh entry: Expert explains how it differs from traditional PMS

    The proposed MF-only PMS framework is positioned as a bridge between self-managed mutual fund investing and traditional PMS, allowing investors to access professional portfolio management at a lower entry threshold of ₹25 lakh while remaining within regulated investment products.

  • More than 570 people reported income over ₹100 crore in FY26, 4x growth in billionaires over 5 years: MoS to Lok Sabha

    ITR: India has seen 4x growth in billionaires in five years. As many as 576 people reported gross total income of ₹100 crore or more, FY26 income-tax filings showed, MoS Pankaj Chaudhary said today.

  • CBDT's new crypto reporting guidance explained: What it means for digital asset investors and taxpayers

    The CBDT has issued a guidance note to operationalise India's crypto-asset reporting framework in line with the OECD's global standards. While there is no change in crypto taxation, experts say investors should focus on accurate record-keeping as information sharing becomes more structured.

  • Filing income-tax returns? Here's how to calculate your ITR dues under new tax regime and old tax regime

    Want to complete filing your income-tax returns before the 31 July deadline? Here's how taxpayers can calculate their ITR dues under new tax regime and old tax regime for financial year 2026 / AY 2027.

  • What 20 years of market data reveals about large-, mid- and small-caps and why India's economic outlook matters

    Mid- and small-caps often face criticism during market corrections, but 20 years of data show they have consistently outperformed large-caps in strong market years. Investors bullish on India's growth story should not ignore these segments despite their volatility.

  • DA hike: Inflation-linked wage, DA merger, new formula—here are Dearness Allowance-related demands of employee groups

    DA hike: Here are the key Dearness Allowance-related demands made by employee groups — from demand for an inflation-linked wage model to calls for implementation of DA merger and a new calculation formula for the component.

  • UPI-linked PF claim settlement facility rollout delayed: Expected launch timeline and key benefits for EPFO members

    EPFO has delayed the launch of its UPI-linked claim settlement facility to August as it focuses on resolving glitches in the upgraded CITES 2.01 portal. The new system aims to enable faster credit of eligible PF claims through UPI once the platform stabilises.

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