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IIFL Home Finance faces INR 963.39 crore tax demand following search assessment

The housing finance subsidiary has challenged additions relating to overriding commission, interest strip assets, Section 36(1)(viii) deduction and ESOP expenses, and is pursuing appellate and other remedies.

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Indian Industry pushes for regulatory harmonisation, mutual recognition of standards with Japan

Indian industry has flagged the need for greater regulatory harmonisation and mutual recognition of certification and quality standards with Japan, FICCI President Anant Goenka said, as he accompanies Commerce and Industry Minister Piyush Goyal on a Japan visit along with…

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Inorbit Malls expands footprint with acquisition of Prozone malls in Coimbatore and Chhatrapati Sambhaji Nagar

Inorbit Malls has acquired two retail properties from Prozone Realty Limited. This expansion adds significant shopping destinations to its growing portfolio. The Coimbatore mall serves a growing consumer base with its large design. The Chhatrapati Sambhaji Nagar property is the…

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Finance Minister Sitharaman to embark on 9-day visit to Canada, US to boost trade ties and deepen investment linkages

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman will begin an official nine-day visit to Canada and the United States from August 25 to September 2, 2026, aimed at deepening bilateral economic partnerships and advancing cooperation on global financial…

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India raises $73 bn in forex inflows at record pace

India has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) swap scheme, the finance ministry said.

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Sensex, Nifty trade lower in early deals amid crude oil, geopolitical concerns

Domestic equity benchmarks traded lower in morning deals on Tuesday as investors assessed geopolitical tensions in Middle East and their potential impact on crude oil supplies, while caution prevailed ahead of the monthly expiry of Nifty 50.

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10 signs you're poor, no matter how much you earn: Hidden money struggles behind your ‘comfortable lifestyle’
A ‘comfortable lifestyle’ may obscure financial issues. These 10 signs indicate that you're poor, no matter how much you earn.
Value Trap: A low P/E does not always mean a bargain — 8 factors investors should look at before buying
A stock’s low valuation may look attractive, but it can sometimes signal deeper problems in the business. Here are eight ways a seemingly cheap stock can remain cheap and what investors should examine before assuming it is undervalued.
Quant MF raises IT services exposure, goes underweight on manufacturing: Key takeaways for investors
Quant Mutual Fund has changed its sector positioning by increasing its allocation to IT services in August 2026. The fund house remains positive on select sectors and expects stock-specific opportunities to drive returns as large-cap markets consolidate.
Can one co-owner be taxed alone on property value and stamp duty difference? What ITAT says
The ITAT delivered a significant ruling in the case of a Mumbai taxpayer who, in 2017, purchased a flat jointly with his wife in Chembur. The actual consideration paid for the property was ₹60 lakh, while its stamp-duty value was ₹94.8 lakh, creating a gap of around ₹34.8 lakh.
The hidden drag on freelance income: Why your overseas client invoices don’t match the money reaching your bank
For Indian freelancers, the invoice value of an overseas client payment may not be the amount that reaches their bank account. FX conversion margins, platform fees and SWIFT costs can reduce the final INR payout. Here is how freelancers can calculate the actual amount they received.
NPS Active vs Auto Choice: Which investment option is right for your retirement goals?
One mistake investors may make is assuming that the option with greater equity exposure is necessarily the best choice, particularly when they are young.
PFRDA proposes changes to Point of Presence regulations: What NPS subscribers need to know
PFRDA has proposed changes to the Point of Presence framework that could expand NPS access through more types of entities and a dedicated digital route. The proposals also strengthen oversight of NPS Mitras, subscriber-data confidentiality and PoP accountability for fraud or negligence. 
Pension delayed? Why retirees in contributory schemes can now take the matter to consumer court
Retirees facing delayed pension payments under contributory schemes may approach consumer courts, following an important NCDRC ruling that recognised pension contributors as consumers and treated unjustified delays as deficiency in service.
Buying a house in 7 years? Know the best mutual fund categories, equity-debt mix and de-risking strategy
A seven-year house goal can justify high equity exposure initially, but the portfolio should gradually move towards safer assets as the purchase nears. Experts explain which mutual fund categories may suit the goal, why diversification matters and how to protect the corpus from market volatility.
Bank holiday tomorrow, 4 September: Will SBI, HDFC Bank and others remain closed for Janmashtami?
Banks in multiple cities, including Ahmedabad and Chennai, will be closed on September 4 for Janmashtami. Holiday observance varies by city, so customers should verify bank schedules against the RBI list before visiting.