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India should aim higher than $5 bn in toy market: FM Sitharaman urges industry to target bigger global market share

Union Finance Minister Nirmala Sitharaman on Tuesday called on the Indian toy industry to set more ambitious export goals, saying India has the capability to capture a much larger slice of the projected USD 179 billion global toy market by…

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Big 4 scores a win as ICAI pauses 'global networking norms'

The Institute of Chartered Accountants of India’s networking guidelines have been put on hold. Influential Big 4 firms lobbied the government against these new compliance rules. The guidelines introduced onerous compliance and penal provisions for local audit firms. The Ministry…

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NFRA begins probe into Rajesh Exports financial misstatement case

The National Financial Reporting Authority (NFRA) has initiated its investigation into the alleged financial misstatement case involving Rajesh Exports, with Chairman Nitin Gupta confirming that the audit regulator has begun its process following a referral from the Securities and Exchange…

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CBDT clarification: All approvals like Nil or lower TDS certificate and existing tax benefits will continue under Income Tax Act, 2025; Here’s what it means for you

Existing tax benefits and approvals will continue under the Income Tax Act, 2025. Pending applications filed before March 31, 2026, will be processed under the new law. Lower or nil TDS certificates issued previously remain protected and valid. New applications…

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Expert panel: Release services production index within 60 days

Earlier, the Statistics Ministry constituted a Technical Advisory Committee on ISP (TAC-ISP) in May 2025 under the Chairpersonship of Debjani Ghosh, Distinguished Fellow, Niti Aayog.

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India's E-way bill generation surges 14.5 per cent in June

India’s E-way bill generation under the Goods and Services Tax (GST) in June this year registered a robust 14.5 per cent increase to 136.77 million from 119.46 million in the same month of the previous year, reflecting the rising level…

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  • NPS Vatsalya: Who can make gift contributions to a child's account? Explained

    NPS Vatsalya allows parents to secure their child's financial future by opening an account for minors. Launched in September 2024, it is regulated by the PFRDA, requiring a minimum annual contribution of ₹1,000.

  • NPS for small traders: Is ₹3,000 monthly pension after 60 enough for retirement? Experts highlight harsh reality

    The National Pension Scheme (NPS) for Traders offers eligible shopkeepers and self-employed persons an assured ₹3,000 monthly pension after 60. But with inflation and retirement expenses rising, is this enough? 

  • Paid off your personal loan? Why your credit score might not jump right away

    Loan closure is not just about making the final payment. Borrowers should also complete the necessary documentation and ensure that the lender updates the account correctly.

  • Gen Z now constitute 38% of investors — Here's why they choose capital markets, how India's wealth inclusion has evolved

    Indians under 30 years of age, or Gen Zs, now constitute 38% of investors. A report explores how India's wealth inclusion has evolved and why the capital markets have gained popularity as a choice of investment. 

  • Reliance Industries fell 25% this year: Which mutual funds have the highest exposure — and should you be worried?

    Reliance Industries has fallen 25% in 2026, putting mutual funds with high exposure to the stock in focus. While some schemes have larger allocations than others, the impact varies across fund categories. Here’s what investors should know about their exposure and portfolio risk.

  • Does 35% gold, silver and InvIT allocation flexibility make equity mutual funds a better buy? Experts explain

    Under the revised SEBI framework, eligible equity mutual funds can allocate their residual portfolio to assets such as gold ETFs, silver ETFs, and Infrastructure Investment Trusts.

  • Moving back to India with a foreign job: will your salary be taxed here?

    An NRI returning to India may become taxable on salary for services rendered from India, even if the employer is Canadian and the salary continues to be credited to a Canadian bank account.

  • EPFO: What is minimum balance? Check rules for early withdrawal, full list of reasons for partial withdrawal here

    EPFO members can withdraw funds for medical, educational, or housing needs. Here's a look at the EPFO's rules for partial and early withdrawal by subscribers and the full list of reasons you can use to access your provident fund corpus.

  • Debt mutual funds: Axis MF suggests where to invest as RBI may raise rates by 50-75 bps over next 6 months

    Interest rates may stay higher for longer as the Fed resumes hikes. Axis MF expects the RBI to tighten rates and favours 1-3 year corporate bonds, while remaining cautious on long SDLs. Here’s what debt mutual fund investors should know as bond yields rise.

  • With ₹30 LPA salary, should you buy a luxury car worth ₹50 lakh? EMI maths explained

    A ₹30 lakh salary can make a ₹50 lakh luxury car seem affordable, but monthly expenses like insurance and servicing can consume up to 50% of your income. 

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