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Govt needs to promote labour-intensive industries to generate jobs: Raghuram Rajan

According to him, the industries that are more capital-intensive are growing faster, but labour-intensive industries are not growing.

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Income tax simplification hopes rise as feedback process nears rollout; Budget 2025 may bring big news on direct tax laws

The govt will invite suggestions from the private sector and tax experts on the Income Tax Act, 1961, starting October. This initiative aims to simplify the direct tax law by reducing outdated clauses and mitigating litigation. The amended Act is…

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Lavasa creditors set eligibility floor to begin resolution 2.0

Creditors of Lavasa Corp, India’s first private hill town project, have set new eligibility criteria for prospective bidders after a failed attempt earlier this year. They require a ₹100 crore net worth and a ₹25 lakh refundable deposit. Lenders are…

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Last date for income tax audit report: Deadline for tax audit report extended

Income tax audit last date: The tax audit deadline has been extended by CBDT. “Decided to extend the specified date for filing of various reports of audit for the Previous Year 2023-24, which was 30th September, 2024 in the case…

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Security hurdle: Global gear companies’ clash with DoT may hit broadband expansion

Officials and industry executives told ET that so far, none of the products have got the security certification. Therefore, unless the issue is resolved, new units of Wi-Fi CPEs and routers needed for broadband expansion won’t be available in the…

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Banks look for a way out of UBO tangle

Banks in Mumbai are facing challenges with identifying ultimate beneficial owners (UBOs) of foreign investments due to varying disclosure rules across countries. This issue has been discussed among senior bankers, who believe India’s anti-money laundering laws should adapt to different…

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Nithin Kamath explains difference between ‘direct’ and ‘regular’ mutual funds, urges investors to review plans
Zerodha co-founder Nithin Kamath has asked investors to understand the difference between ‘direct’ and ‘regular’ mutual fund plans. He said many investors remain unaware of the higher costs associated with regular plans and advised reviewing their portfolios to identify their existing investments.
8th Pay Commission: Railway engineers seek pay parity, Group B status and better career growth opportunities
Railway engineers have urged the 8th Pay Commission to restore pay parity, grant Group B status and improve promotions. Their demands, raised during stakeholder consultations, could shape future salary, pension and allowance reforms for 1.1 crore Central government employees and pensioners.
8th pay commission: Submission window for data collection portal extended — Check date, website, process, FAQs
8th pay commission: Window for submission of data online for the 8th CPC's consideration has been extended to 31 July this year. Here's how to complete the process and some of the frequently asked questions answered…
EPF interest being credited this month: Here's how to calculate your monthly earnings at 8.25% p.a.
EPF interest for FY26 is being credited this month. Here's how to calculate your monthly earnings at 8.25% p.a. and stepwise guide to check your closing balance via passbook online on the EPFO website.
Heavy rains damaged your car? Here's what motor insurance covers and what it doesn't
Heavy rains can damage your car, but not every repair is covered by insurance. Here's what comprehensive policies pay for, common claim exclusions, and mistakes that could lead to claim rejection.
Renewing your car insurance this monsoon? Experts explain which add-ons are actually worth paying for
A comprehensive car insurance policy may not cover every monsoon-related expense. Experts explain which add-ons are worth buying to reduce repair costs and improve financial protection. 
West Bengal govt to release 50% of estimated Dearness Relief arrears for pensioners in Kolkata — All you need to know
The West Bengal government will release 50% of estimated Dearness Relief (DR) arrears to pensioners in the Kolkata municipal area in an interim measure that aims to provide immediate relief for state govt retirees. 
Is ₹80 lakh enough to retire? 31-year-old woman wants to quit govt job for 'peace'
The woman said she has been employed at a PSU for the past seven years and is in a comfortable financial position. According to her post, she has no outstanding debt, follows a modest lifestyle and has accumulated significant savings over time.
US-Iran war: Defence funds surge, IT lags; experts share what mutual fund investors should do
Since the start of the US-Iran war in February, the Nifty Defence Index has delivered positive returns of 18.7%, while the Nifty IT Index declined 12.5%. Experts advise investors to avoid short-term reactions, focus on diversified funds, and use SIP investments during periods of market volatility.
Already have 3-5 SIPs running? Expert shares a checklist before you add another fund
Investors who already have 3 to 5 SIPs running should review their existing portfolio before adding another fund. The expert recommends focusing on 5 key areas: goal alignment, portfolio overlap, risk balance, contribution sizing, and regular portfolio reviews.