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IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'

Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment. This could cut the goods and services tax on tickets significantly. The current 40% tax is seen as too…

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Exclusive: Govt mulls CAG-like body for listed firms, private banks, NBFCs

While public sector undertakings already come under the CAG led framework, the proposal currently being examined by a high-level PMO panel seeks to extend a similar model first to publicly listed companies, private sector banks and NBFCs, where auditor appointments…

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Nagarro ropes in former HCL Tech CFO to lead finance function

Nagarro SE has appointed Prateek Aggarwal as its new Chief Financial Officer (CFO) and Management Board member, effective May 1, 2026. With over 20 years of finance leadership experience in the technology sector, Aggarwal previously held CFO roles at HCLTech…

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Waaree Renewable eyes growth in BESS, data centres: CFO Manmohan Sharma

From the last five financial years, the company has more than doubled its revenue each year. Growing from Rs 162 crore in FY22 to Rs 351 crore in FY23, and to Rs 876 crore and Rs 1,598 crore in FY24…

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CSR spends by NSE-listed firms jump 23% to Rs 22,212 crore in FY25: PrimeInfobase

Corporate Social Responsibility (CSR) spending by companies listed on the NSE main board rose sharply by 23 per cent to Rs 22,212 crore in 2024-25, compared to Rs 18,011 crore in the previous financial year, according to a report by…

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Alcohol-in-Beverage-based duty structure will help revenue maximisation goal of Karnataka: BAI

The new draft notification by the Karnataka government, having sweeping excise reforms in the Alcohol-in-Beverage (AIB)-based duty structure, will help “revenue maximisation goal” of the state, the Brewers Association of India (BAI) has said. BAI said the Karnataka Excise (Excise…

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  • 8th Pay Commission fitment factor: Is the government considering employees' key demand? Here's what it said

    The Centre has clarified that the 8th Pay Commission is not required to keep the government informed about its deliberations, including proposals on the fitment factor. It also declined to comment on employee demands, saying the Commission will determine its own procedure.

  • Over 5 crore ITRs filed for AY 2026-27: Income Tax Department urges taxpayers to file before July 31 deadline

    With the July 31 ITR filing deadline approaching, the Income Tax Department says over 5 crore returns have already been filed for AY 2026-27. Here's who should file ITR-1, who needs ITR-2, and why you shouldn't wait until the last minute.

  • 8th Pay Commission: How rise in annual increments from 3% to 5% could boost Level 1 employee pay over 5 years

    The 8th Pay Commission may consider higher annual increments for central government employees as proposed by several prominent unions. A 5% increment scenario shows Level 1 basic pay rising from ₹18,000 per month to around ₹24,200 per month in five years.

  • ITR filing deadline: Can freelancers declare earnings as business income? Tax experts explain

    Freelance income cannot always be reported as business income in ITR filings. Here is when earnings qualify as business income, salary, or other sources; common filing mistakes; presumptive taxation rules; and expert tips to avoid tax notices and ensure compliance before the 31 July deadline. 

  • ITR filing 2026: Why 31 July is not the deadline for all salaried taxpayers and who gets more time

    The 31 July ITR filing deadline may not apply to all salaried taxpayers. The applicable due date depends on the taxpayer’s overall income profile, ITR form, and audit requirements. Those with business or professional income may get additional time. 

  • Large & mid-cap funds strike a balance: Higher returns than large-caps, lower volatility than mid-caps

    Large & mid-cap funds have historically delivered a balance between returns and volatility. Over the past 5 years, the benchmark index gave 14% returns, compared with 10% for large-caps and 18% for mid-caps. 

  • 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.

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