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NCLT approves Cigniti-Coforge amalgamation; preserves IT department's GAAR rights

The order was delivered on April 29, 2026, by Judicial member Khetrabasi Biswal and technical member Shishir Agarwal.

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Federal Bank appoints Manikandan M as CFO; Venkatraman Venkateswaran to continue as Executive Director

Private sector lender has appointed internal veteran Manikandan M as Chief Financial Officer effective May 1, 2026, succeeding Venkatraman Venkateswaran, who will continue in his role as Executive Director.

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Gross GST collections hit record high of Rs 2.43 lakh crore in April 2026 despite US-Iran war concerns

According to government data released on Friday, gross GST revenue for the month reached a record Rs 2.43 lakh crore, registering an 8.7% increase over Rs 2.23 lakh crore collected in April last year.

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To hit $30 trillion mark by 2047, India needs 12% growth: Chief Economic Advisor V Nageswaran

Chief Economic Advisor V Anantha Nageswaran said India can reach a $30 trillion economy by 2047 if it achieves around 12% annual growth in dollar terms and strengthens its capabilities in technology and frontier research.

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The rupee at record low will end India’s cheap-money era

Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a preference for a pause, the central bank may be forced to tighten monetary policy to…

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Bajaj Auto board to consider share buyback on May 6

Bajaj Auto’s board will meet on May 6 to consider a share buyback. This move signals another capital return to shareholders. The company has a strong cash position. The details of the buyback will be announced after the meeting. The…

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  • 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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