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Country roads take top tech companies to labyrinths of GST notices

Tax experts say unlike Income Tax, IT companies have to do their GST registration for every state where they have opened their offices and branches. These orders are all related to cases of FY20, whose due date was on August…

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As HUL reviews ice-cream biz, cos line up for a scoop

Hindustan Unilever has set up a committee of independent directors to evaluate the future of its ice-cream business, sparking interest from companies like RJ Corp, MMG Group, and Nestle. Brands such as Kwality Wall’s and Magnum contribute about 3% to…

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PwC to bring UK partner for help after Evergrande scandal hurts operations in China: Report

PwC is set to appoint UK partner Hemione Hudson to lead its China business following the Evergrande fallout. Chinese regulators are expected to impose a six-month suspension and a fine of at least 400 million yuan on PwC’s auditing unit…

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ED charges Rashmi Saluja, 2 other Religare executives with cheating

The Enforcement Directorate has filed a case against Religare Enterprise chairperson Rashmi Saluja and two other officials for cheating and criminal conspiracy. They are accused of derailing a takeover by the Burman family and making unlawful gains through Employee Stock…

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Reliance in pact with Israeli apparel company Delta Galil

Reliance has partnered with Israeli firm Delta Galil to form a joint venture for designing and selling lingerie in India. This collaboration will compete with Page Industries, known for brands like Jockey. The venture will also introduce Delta’s global brands…

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Gautam Adani’s plan to invest $1.85 billion in Kenya’s largest airport blocked by court

Kenya’s High Court has temporarily paused a government plan to transfer the management of Nairobi’s Jomo Kenyatta International Airport to Adani Group. The 30-year lease proposal has sparked controversy, with Kenya’s aviation union raising concerns about potential job losses and…

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  • 8th Pay Commission Kolkata meeting begins today: What Central government employees and pensioners can expect

    The 8th Pay Commission begins stakeholder consultations in Kolkata today, with discussions likely to focus on fitment factor, minimum pay, pension reforms and HRA revisions. The feedback will shape final recommendations for central government staff and pensioners.

  • July 2026 DA hike: 3% increase most likely as June inflation data guides decision, says expert

    3% Dearness Allowance hike for Central government staff and pensioners is a possibility in July 2026. The final DA revision hinges on June AICPI-IW inflation data, with the government's announcement expected after Cabinet approval and inflation review.

  • UPI and personal loans are replacing credit cards in Indians' wallets: CIBIL

    Credit card penetration in India remains low, with only 5.2 crore holders, representing 25% of the credit-active population. While usage is rising, first-time borrowers account for just 8% of new credit card issuances

  • PPF account turns dormant if you invest less than ₹500 a year: What you lose and how to revive it

    PPF accounts become inactive if the annual ₹500 minimum deposit is missed, restricting benefits. Activation requires a request and payment of a penalty. Full details here.

  • Sebi reintroduces open-market share buybacks: How your gains will be taxed and what to consider before participating

    Sebi has notified rules for open-market share buybacks effective 1 August 2026, allowing companies to repurchase shares through stock exchanges. Here's how your capital gains will be taxed and what to consider before selling your shares via the open market.

  • How many mutual funds should you own? Experts explain the right portfolio mix

    Managing too many mutual funds complicates portfolio tracking without enhancing diversification. Experts suggest three to six funds can suffice, emphasising a mix of large, mid, and small-cap funds along with debt for balance. 

  • As the Magnificent 7 lose swagger, which stock should you buy now? Experts reveal the right strategy

    The Magnificent Seven tech giants are losing investor interest as their performance lags behind the Nasdaq 100 and S&P 500. Emerging chipmakers like Micron Technology are gaining traction, while stocks like Alphabet show potential amidst differing fortunes among the group.

  • Quant Mid Cap Fund beats benchmark in short term after years of lag: Expert explains what investors should do

    Quant Mid Cap Fund has outperformed its benchmark index over the last 3 and 6 months, but continues to lag over the 1-, 3-, and 5-year periods. The expert attributed the rebound to portfolio repositioning and advised investors to focus on long-term consistency. 

  • ITR filing 2026: Preventive health checkups can help you save tax — here's how

    The ITR filing deadline is approaching, prompting taxpayers to prepare documents and explore deductions. Section 80D allows deductions for preventive health checkups, capped at ₹5,000, applicable only in the old tax regime.

  • EPFO portal revamp: 10 changes in PF claims, withdrawals and transfers every member should know

    The Employees' Provident Fund Organisation has centralised its member database through the CITES project to enhance service speed, transparency, and accessibility. 

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