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WPI inflation hits 38-month high of 3.9% in March as soaring energy, crude prices amid West Asia war drive up costs

India’s wholesale inflation reached a 38-month peak of 3.9% in March. This surge was fueled by rising costs of crude oil, energy, and manufactured goods. Experts anticipate further increases due to ongoing global tensions. Supply disruptions also contributed to higher…

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TCS harassment case may trigger tighter client, board scrutiny of IT firms

Allegations of harassment at Tata Consultancy Services’ Nashik unit could trigger tighter scrutiny of Indian IT companies by global clients, boards and shareholders, forcing companies to overhaul workplace complaint-handling systems and tighten Prevention of Sexual Harassment (PoSH) compliance.

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Air India seeks funds from shareholders after loss widens to ₹22,000 crore amid multiple crises

Air India reported a wider-than-expected annual loss of over ₹220 billion ($2.4 billion) for FY26, driven by multiple disruptions including a fatal aircraft crash, airspace restrictions, and geopolitical tensions.

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Income Tax Dept tightens disclosure norms under presumptive taxation scheme

Starting from the assessment year 2026-27, a new mandate will compel taxpayers utilizing the presumptive taxation system to reveal their bank balances and investments. This initiative by the Income-Tax Department aims to curtail potential abuses of the scheme by allowing…

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Amul hits ₹1 lakh crore in sales; MD says India could be dairy to the world within a decade

Amul’s remarkable growth signals a bright future for India’s dairy sector. Recent GST cuts are a game-changer, benefiting farmers and consumers. Value addition and product diversification present significant opportunities. The cooperative model ensures farmers receive a larger share of revenue,…

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CIC flags lack of tracking system for tax evasion complaints, urges GST authorities to improve transparency

The Central Information Commission has urged GST authorities to implement a system for tracking tax evasion complaints. Currently, complainants lack a way to know the progress of their petitions. This opacity breeds suspicion of cases being closed without proper review.…

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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.