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NFRA sets audit inspection timelines: 10-day reply, 180-day compliance; lapses public

Audit regulator mandates strict response deadlines, public disclosure of non-compliances.

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The Billion Who Don't Count:Why Indian Business Must Stop Chasing the Same 10Crore Consumers

Abhishek Gupta, CFO of Livspace and an active member of India’s leading industry bodies, examines a critical imbalance in India’s growth story, arguing that corporate focus on a narrow urban consumer base risks excluding millions from economic participation and future…

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India's consumption stands its ground amid Gulf War tremors

West Asia War: India’s economy began the new fiscal year with a powerful surge. GST collections reached a record high in April. Passenger car sales also saw a substantial increase. Digital transactions through UPI experienced significant growth. These positive indicators…

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Bharat Khera assumes charge as MSME Secretary

The 1995-batch IAS officer brings over three decades of administrative experience, including roles in defence, Cabinet Secretariat and state government, succeeding in the key policy position.

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RBI should reject Tata Sons application to deregister as a CIC: InGovern Research

Corporate governance firm InGovern Research Services urged the RBI to reject Tata Sons’ application to deregister as a Systemically Important CIC. The firm argues that regulatory changes and Tata Sons’ structural linkage to public funds via listed group entities make…

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RBI's ECL norms may cause up to 120 bps one-time hit for banks: Crisil

Reserve Bank of India’s (RBI) proposed shift to an expected credit loss (ECL) framework could lead to a one-time net impact of up to 120 basis points (bps) on banks’ Common Equity Tier-1 (CET-1) ratios, though the overall credit profiles…

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News

  • PNB Housing Finance tops list of mutual funds' 10 favourite small-cap stocks; Crompton Greaves, Delhivery make the cut

    Despite varying investment strategies, some small-cap stocks are common across mutual fund portfolios. The latest analysis reveals the 10 most widely held small-cap stocks, with PNB Housing Finance featuring in 146 schemes, followed by Crompton Greaves and RBL Bank.

  • Filed ITR in May or June? Here's why you should revisit it and check these 7 key things before 31 July deadline

    Taxpayers who filed their ITR in May or June should revisit their return before the 31 July deadline. Checking e-verification status, AIS, TIS, Form 26AS, TDS credits, bank details and reported income can help avoid errors and refund delays. 

  • ITR filed and verified? Here's how the Income Tax Department spots mismatches—and when it sends a notice

    The CPC first verifies that you've used the correct ITR form, filled in all mandatory schedules, and that there are no calculation errors. If it finds major issues, you may receive a defective return notice.

  • Hidden risks of UPI Autopay: Nykaa AVP’s LinkedIn post sparks debate about free trials

    Lokesh Ahuja from Nykaa shared a cautionary tale about hidden AutoPay mandates after teaching his mother how to make UPI payments. He emphasises the importance of digital literacy.

  • Tax consultant made error in ITR filing: ITAT Chennai gives relief to taxpayer, waives ₹1.92 lakh penalty

    A Chennai taxpayer faced a ₹1.92 lakh penalty after her tax consultant made errors in the ITR filing. ITAT Chennai waived the penalty, ruling that a genuine mistake by a tax professional cannot be treated as misreporting of income under Section 270A. 

  • Would your family know how to access your wealth in an emergency?

    A single, regularly updated financial master sheet can organize scattered accounts, key legal documents, and vital contacts before a crisis hits.

  • SIP reduces only entry-timing risk: Here's why valuation, liquidity and portfolio concentration still need attention

    SIPs help reduce entry-timing risk through rupee-cost averaging but cannot shield investors from valuation, liquidity, concentration or fund-selection risks. Investors should not mistake SIPs for a complete risk-management strategy.

  • ITR filing deadline: After 4 extensions in last 5 years, why AY 2026-27 may not get extra time

    As the 31 July deadline for filing ITR approaches, taxpayers hope for an extension like in previous years. Here's why AY 2026-27 is different for tax filing.

  • ITR filing 2026: Expecting an income tax refund? Check these 5 details before filing your return to avoid delays

    Expecting an income tax refund this year? Filing your ITR is only half the job. Simple mistakes like an unvalidated bank account, TDS mismatch or pending tax demand can delay your refund even after the return is processed.

  • FD rates in July 2026: Small finance banks offer up to 8.10%; compare returns from 7 leading lenders

    July 2026 FD rates show small finance banks offering up to 8.10% interest, ahead of leading private and public sector banks. Compare FD rates, tenures and key investment factors across seven major lenders before booking a fixed deposit to secure better returns.

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