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Syska LED insolvency draws four bidders, including promoter and Mutares Group

Four parties, including the promoter and Germany’s Mutares Group, have shown interest in acquiring Syska LED Lights, which has admitted claims of ₹226 crore. Lenders are scrutinizing bids due to a lack of formal board authorization from one applicant. The…

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RBI’s 2026 vision: Streamlining legacy rules to boost efficiency and support India’s economic growth

The RBI is streamlining rules to modernize India’s banking sector by 2026. Despite shifting savings, global FDI and fintech innovation are driving growth while prioritizing safety and inclusion.

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Private capex in 2026: Signs of revival, but no broad-based investment boom yet

While balance sheets are healthier and financing conditions supportive, demand uncertainty and global risks continue to restrain large-scale capacity expansion across sectors, CFOs said.

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Manappuram Group appoints Buvanesh Tharashankar as Group CFO

Manappuram Group has appointed Buvanesh Tharashankar as its new Group Chief Financial Officer. With over three decades of experience, Tharashankar previously held CFO roles at RBL Bank and Jana Small Finance Bank. He will now lead financial operations and strategic…

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Ind AS accounting to impact corporate profits as New Labour Codes increase gratuity, leave liabilities

ICAI FAQs clarify past service cost treatment, interim recognition and tax impact under Ind AS and Indian GAAP.

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Abani Kant Jha appointed Chairman of ASSOCHAM CFO Council

Saatvik Green Energy’s Abani Kant Jha now chairs ASSOCHAM’s CFO Council. He will guide senior finance leaders on crucial areas like governance and risk management. Jha, with over 30 years of experience, aims to foster dialogue on finance and policy,…

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News

  • 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.

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