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Govt can allow establishments to hire up to 25% apprentices but with riders: Skills secretary Debashree Mukherjee

Large industries can be allowed to take up to 25% apprentices provided they have reached the 15% limit in the last three years, will pay at least 30% above the minimum rate that is mandated and should employ at least…

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CBI seizes forensic audit, tax records at RCom director's residence

Central Bureau of Investigation officials searched the home of Grace Thomas, a director at Reliance Communications. The operation focused on her past role at Reliance Telecom Limited. CBI seized personal details, a forensic audit report, and accounts records. Reliance Communications…

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SC refuses to reopen 2021 ruling exempting foreign software payments from royalty tax

The Supreme Court has once again dismissed the income tax department’s review petitions concerning the taxation of software payments to non-residents. The court reiterated its March 2021 ruling that such payments are not royalty, as end-user licenses do not transfer…

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India recasts rules for foreign tax info exchange: New framework from July 1 aims to curb cross-border tax evasion & speed up case closure

India has updated its rules for sharing tax information with other countries. New rules make foreign tax requests high priority, requiring information within 15 days. This aims to speed up cases and stop tax evasion. India will also track its…

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Iran war, fading tax boost may slow India’s growth to 6.7% in FY27: BMI

India’s economic growth is set to slow in the upcoming fiscal year. This slowdown is attributed to the diminishing impact of recent tax cuts and escalating crude oil prices. These factors will affect consumption, investment, and inflation. The economy faces…

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Tata Consumer banks on strong brands, selective price hikes to fuel double-digit growth

Tata Consumer Products is set for strong growth by 2027. The company will use its popular brands and varied products to achieve this. Smart price adjustments will help manage rising costs. Easing coffee prices and stable tea costs also support…

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  • Multi-asset allocation funds lead hybrid category inflows: Why investors are rushing in and what to check

    Multi-asset allocation funds topped the hybrid category, recording ₹70,819 crore in net inflows in 12 months. These funds help diversify across equities, debt, gold, and other assets. Investors should evaluate allocation strategy, diversification, and capture ratios before investing.

  • Delhi Lakshmi Yojana: ₹2,500 monthly assistance announced; Check eligibility, rules and documents

    The Delhi government has launched the 'Delhi Lakshmi Yojana', providing eligible women with monthly financial assistance of ₹2,500, of which ₹1,500 will go into a locked savings account. The initiative aims to empower women financially and support family stability.

  • I work remotely in India for a US firm. Can I avoid Indian tax if I'm paid in the US?

    Many tech professionals moving back home assume receiving dollars in a foreign account keeps their income out of local jurisdiction—here is how tax residency rules actually treat global earnings.

  • Switched jobs and lost track of your old PF account? Govt explains how EPFO's e-portal can help

    The government has revealed that the EPFO has developed an Aadhaar-based e-portal to help members trace old inoperative PF accounts, transfer balances to their active UAN or settle claims. The portal aims to reduce paperwork, improve transparency and simplify access to forgotten PF savings.

  • Delhi HC orders Paytm Payments Bank to be wound up: What happens to your Paytm wallet, UPI now?

    The Delhi High Court ordered the winding up of Paytm Payments Bank Ltd due to non-compliance with regulations. 

  • New vs old regime: Income tax slab rates for FY26 — know how slab-wise tax calculation works

    Taxpayers should compare the new and old tax regimes before filing their ITR for FY26. Since India follows a slab-based tax system, only the portion of income falling within each tax slab is taxed at the applicable rate. Understanding this helps taxpayers estimate tax liability more accurately.

  • No Form 16 yet? 31 July ITR deadline is near—here's how salaried taxpayers can still file their income tax return

    Form 16 makes return filing easier, but it is not the only document required. By reconciling salary records with Form 26AS, AIS, bank statements and investment proofs, salaried taxpayers can accurately file their returns even without Form 16. 

  • Planning to start investing in stock market? Avoid these 5 costly beginner mistakes

    First-time stock market investors can avoid costly mistakes by focusing on diversification, asset allocation, disciplined investing and long-term wealth creation. Check out the five most common investing mistakes experts warn against and practical steps to build a stronger investment portfolio.

  • ITR filing deadline 2026: Missing July 31 can cost you more than you think

    The late filing fee is only one consequence of missing the ITR deadline. Delayed filing can also result in the loss of capital loss set-off benefits, delayed refunds and additional interest, increasing your tax burden in future years.

  • The best way to navigate market volatility? Invest for milestones, not markets

    Market volatility often fuels fear and greed, prompting costly investment mistakes. Goal-based investing shifts the focus from market moves to life milestones, helping investors stay disciplined.

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