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GST on online transactions up to Rs 2,000 to be referred to fitment committee: Uttarakhand FM Premchand Aggarwal

Uttarakhand Finance Minister Premchand Aggarwal stated that the GST Council did not reach a decision on imposing 18% GST on payment aggregators for transactions under Rs 2000. The matter will be reviewed by the fitment committee. Additionally, the issue of…

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Repco Home Finance’s CFO K Lakshmi resigns

K Lakshmi, joined Repco Home Finance in 2022, and tendered her resignation citing personal reasons.

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CreditAccess Grameen elevates Nilesh Dalvi to CFO

Nilesh Dalvi, who joined CreditAccess Grameen in 2019, previously held the role of Senior Vice President, leading Investor Relations and ESG initiatives, before being elevated to Chief Financial Officer.

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Adani warns Bangladesh of $500 mn ‘unsustainable’ payment delays as energy crisis looms

The Adani Group has warned Bangladesh’s interim government, led by Muhammad Yunus, about a $500 million backlog in unpaid dues from a major power project. Despite financial strain, Adani remains committed to supplying power. The new administration plans to re-evaluate…

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Robin Banerjee calls for phased rollout of SA 600 to balance audit quality and practicality in India

In a revealing conversation with Robin Banerjee, Chairman of Nucleon Pvt Ltd, ETCFO explores the heated debate over SA 600, examining its implications for audit accountability and financial reporting standards in India.

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SpiceJet’s Ajay Singh may sell over 10 pc stake in airline to raise funds

Ajay Singh, SpiceJet’s chairman, may offload over 10% of his stake in the airline as part of a funding round closing by September’s end. The budget carrier aims to raise Rs 3,200 crore through various means to meet obligations 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.