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Man arrested in Rs 10,000 cr GST fraud case after nine months on the run

A 31-year-old man, Babar Khan, evading police for nine months, was arrested in connection with a Rs 10,000-crore GST fraud across India. Khan allegedly set up fake firms using stolen or forged ID cards to fraudulently claim input tax credit.…

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Section 80C deduction in Budget 2024: Will the government increase Section 80C limit under the old income tax regime in Budget?

Section 80C deduction in Budget 2024: The 80C limit has not increased in line with many people’s income and costs. Because of this gap, many taxpayers use the entire 80C limit. This is why many want this limit to be…

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Fiscal deficit hits 3% of full FY25 target in April-May at Rs 50,615 crore

India’s fiscal deficit between April-May stood at around 3 per cent of the overall target for FY25, at Rs 50,615 crore, government data showed on Friday.

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Fiscal discipline key to India’s growth prospects: Sanjay Nayar

So, we will have to also think about how we channel the energies towards more advanced and more modern techniques and technology, because that is what we need right now.

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Anand Mahindra dismisses AI as the “death” of IT services: “I believe that the rumours…”

Tech Mahindra’s strategic vision, driven by AI integration and efficient execution under new leadership, positions the company for industry leadership and growth in the evolving digital landscape.

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Aircraft delivery delays having ‘brutal’ impact on Lufthansa, says CEO

LUFTHANSA-DELIVERIES/Aircraft delivery delays having ‘brutal’ impact on Lufthansa, says CEO

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  • Dearness Allowance: Could employees get 3-4% DA hike announcement this month? Here's what the numbers indicate

    Dearness Allowance: DA is revised twice a year by the All-India Consumer Price Index (AICPI) to match cost-of-living. Here's a look at the numbers and whether employees could get 3-4% DA hike this month…

  • Will your PF corpus shrink due to ₹1,800 contribution cap? EPF-2026 rules bring employer contribution into focus

    The central government has introduced the EPF Scheme, 2026, mandating a fixed monthly contribution of ₹1,800 each from employees and employers. Here's how the new rules may shrink your final provident fund corpus. 

  • I-T dept allows charitable trusts to seek fresh approval post deadline, taxpayers to get 80G relief

    The deadline to apply for fresh approval expired on 30 September 2025. Following this, all the applications made by charitable trusts were rejected purely on the grounds of delay in seeking approval. With the latest circular, the I-T department has provided relief to these charities.

  • How much retirement corpus do you need if you have ₹1 lakh monthly expenses now? Experts say it depends on these factors

    Retirement planning involves personalised strategies for investing according to risk appetite and anticipated lifestyle changes. Factors such as inflation and healthcare costs must be incorporated into the calculation of the necessary retirement corpus. 

  • EPFO: Documents and errors — Here are the top reasons your employees' provident fund claims could be rejected, explained

    Employees' Provident Fund Organisation: We take a look at the top four reasons an EPF subscriber's claim for their employees' provident fund may be rejected. Check the reasons here, explained.

  • 4 small-cap schemes delivered over 30% in 3 months. Do you own any?

    The small-cap mutual fund category returned an average 22.41% in the past three months, outperforming the Nifty Smallcap 250 TRI. Four schemes delivered over 30%, but only one has a track record that extends beyond five years.

  • Paytm Europe granted licence by Luxembourg financial authority for credit, funds transfer, payments — Here's all we know

    Paytm Europe has been granted a payment institution licence by the Luxembourg financial supervisory authority CSSF to conduct credit and funds transfers, and payment transactions. Here's all you need to know…

  • ITR 2026: Who must file tax return even if their income is below ₹4 lakh?

    Many taxpayers mistakenly believe they only need to file an income tax return (ITR) if their income exceeds ₹4 lakh. However, various situations, such as high-value transactions and foreign assets, require mandatory ITR filing regardless of income level. 

  • IRDAI plans insurance commission overhaul to curb mis‑selling with staggered payouts and stricter transparency rules

    IRDAI plans to implement staggered commissions, spreading payouts over the policy term to improve transparency, reduce churn and align distributor incentives with customer needs across India’s insurance market.

  • ₹4,764 crore revenue from hydration breaks, ₹22 crore for a Final ticket: The insane numbers behind FIFA World Cup 2026

    The FIFA World Cup 2026 is set to be the most profitable tournament ever, with a prize pool of $871 million and the winning nation receiving $50 million. Ticket prices and broadcasting rights are significantly higher than in previous tournaments.

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