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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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Will IBBI’s real estate insolvency provisions fix execution bottlenecks? Experts flag gaps

The Insolvency and Bankruptcy Board of India’s (IBBI) push to overhaul real estate insolvency through project-wise resolution, tighter regulatory coordination, and stronger disclosure norms has been widely welcomed by legal experts, but concerns remain over execution, interlinkages between projects, and…

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Why Old Bridge's Kenneth Andrade is avoiding IT despite attractive valuations
Old Bridge MF founder Kenneth Andrade expects earnings growth to revive this year, remains bullish on pharma and autos, underweight on financials and IT, and sees crude as the biggest market risk.
ITR filing deadline extension LIVE: Countdown begins for the 31 July tax filing due date; will there be an extension?
ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.
ITR filing deadline today: Check how 30-day verification rule allows taxpayers to verify returns after 31 July
Taxpayers who file their ITR on 31 July can complete e-verification within 30 days. Here's how the verification timeline affects the filing date, the belated return status and compliance with income tax rules.
ITR deadline today: What happens if you don't file your return by 31 July? Check penalties, interest, other consequences
As the July 31 income tax return deadline approaches, over 5 crore ITRs have been filed till Thursday. Late filers may face penalties and miss out on benefits like carrying forward losses. Check all consequences here.
Missing ITR deadline today is like getting ‘Hit Wicket’: Tax department urges a ‘Free Hit’ filing
The Income Tax Department, in a recent X post, reminded taxpayers that 31 July is the last date to file ITR-1 and ITR-2 for AY 2026-27. Complete filing and e-verification today to avoid late fees, interest and compliance issues. 
ITR filing 2026: How to report capital gains from shares, mutual funds and ETFs to avoid tax notices
Taxpayers must accurately report capital gains from shares, mutual funds, and ETFs while filing the ITR for AY 2026-27. It is important to choose the correct ITR form, classify gains, reconcile investment records, and report only realised gains to avoid discrepancies and scrutiny.
Does India’s DIY mutual fund boom needs structured assistance?
Over 5-6 crore Indians now invest in mutual funds, thanks to digital platforms. While ease of access has increased, first-time investors face complexities in asset allocation. Future investing will require curated advice and structured assistance to ensure successful long-term portfolios.
These 8 mid-cap funds fail to beat their benchmark index: One has a negative alpha of 7 — check full list
Mid-cap funds aim to outperform their benchmark through active management, but not all succeed. There are currently eight mid-cap funds with a negative alpha, with Taurus Mid Cap Fund having the lowest alpha of -7.20.
EPFO: Submitted a claim? Here's what the status message means and timeline for settlement process
Employees' Provident Fund Organisation: Today we look at how much time EPF claims take to be settled, what the status message means, and what subscribers can do to rectify any delays and complete the process.
A financial master sheet won't make you richer—but it could save your family from economic chaos
A financial master sheet is a single document that records the family's financial and administrative details, showing what assets exist, where they are held, and where supporting documents are stored.