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IndiGo receives ₹458 crore GST penalty order, airline calls it ‘erroneous’

IndiGo believes the order is incorrect and plans to challenge it legally. The airline stated the order will not significantly affect its finances or operations.

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ICAI draft proposes minimum requirements, disclosure norms for information systems audits

Exposure draft of IS Audit Standards proposes principles, quality benchmarks and disclosure norms amid rising digital and cyber risks.

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MCA extends deadline till January 31 for filing financial statements, annual returns

Companies can now file their financial statements and annual returns for the financial year 2024-25 until January 31, 2026. This extension is granted without any additional fees. The Ministry of Corporate Affairs made this decision following requests from various stakeholders…

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India’s growth outlook steady amid global headwinds: Report

India stands out as a resilient growth story among major economies. Domestic demand, easing inflation, and leadership in key sectors support this outlook. UBS highlights that countries with strong internal drivers are better positioned to navigate global volatility. India’s expanding…

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Will AI kill jobs? Government data tells a different story

Contrary to fears of job losses, Artificial Intelligence is creating new opportunities in India, with the AI talent base projected to double by 2027. Government initiatives like FutureSkills PRIME are actively reskilling and upskilling the workforce in emerging technologies. AI…

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India imposes tariff on some steel products for three years to curb cheap imports

India has imposed a three-year safeguard duty of 11% to 12% on select steel imports, mainly to curb shipments from China. The tariff will start at 12% in the first year, ease to 11.5% in the second, and fall further…

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8th Pay Commission: Can India afford a 3.5 fitment factor? Salary hike, fiscal impact explained
8th Pay Commission fitment factor discussions intensify as unions demand a revision of up to 4x in basic salaries, given current inflation, the once-a-decade revision and associated challenges. Here is what the impact of a 3.5 fitment factor will be on salaries, pensions and government finances.
Easing ITR compliance: A guide to presumptive taxation under Section 44ADA
Under this framework, eligible taxpayers are allowed to declare 50% of their gross annual receipts as taxable earnings.
Maximising emergency funds: Is a sweep-in fixed deposit your best bet?
Before shifting your emergency safety net into a sweep-in FD, it is smart to weigh a few operational details, including premature withdrawal policies, minimum balance rules, interest rate gaps, and tax rules.
Abu Dhabi rent hike halt sends relief to residents, Indian expats amid US-Iran war; experts weigh in
Abu Dhabi halts rent hikes temporarily, maintaining current rental amounts in contracts. It provides financial predictability for households and businesses, benefiting expatriates. The decision aligns with broader relief measures introduced post US-Iran war, enhancing household budgeting.
Can non-salaried persons claim house rent allowance? HRA rules explained
An individual can claim a tax deduction under Section 80GG of the Income Tax Act 1961 or under Section 134 of the Income Tax Act 2025.
Getting married? Fix these 5 financial red flags before they ruin your future together
Money matters more than many couples realise. These financial red flags, from hidden debt to poor savings habits, can affect long-term financial stability and relationship success. A couple should consult certified financial experts together to resolve any financial challenges.
Want to add a nominee to your EPF account? Here's how; all other FAQs about nomination process answered
Employees’ Provident Fund Organisation: Want to add a nominee to your employees' provident fund account? Here's how subscribers can do so, and your top nomination process related FAQs answered by the EPFO.
Trading salary for Esops? The four tests that help you do the math
Esops are not lottery tickets. But they become lottery tickets when people stop doing the math.
Financial stress management explained: 5 practical ways to reduce money anxiety and improve financial control
Take charge of your money today with practical financial stress-management strategies that reduce money anxiety, build savings, and help you create long-term financial stability. Don't hesitate to take professional guidance from a certified financial advisor if financial problems remain. 
Small caps are rallying again. Should you get on board or stay away?
Small cap mutual funds are drawing record inflows, driven by attractive valuations and a broader economic recovery. But investors still need a five-to-seven-year horizon and an SIP mindset to beat the volatility.