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NFRA sounds alarm on Ind AS 36: why impairment testing is emerging as audit’s biggest risk

Is impairment testing becoming the weakest link in audit quality? Are auditors challenging assumptions or merely rolling forward last year’s numbers? And are boards scrutinising judgment-heavy estimates closely enough? NFRA’s latest intervention on Ind AS 36 signals tougher scrutiny of…

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Cavinkare eyes pan-India push with new product launches and variants, says CFO Ananda Shalini

FMCG major Cavinkare is expanding its distribution network across India, targeting western, northern, and eastern regions. The company is also focusing on product development and exploring new market segments. While GST compliance is automated, new regulations like labour codes and…

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Insurance sector gears up for faster growth, sharper competition after Amendment Bill

The legislation, which allows 100% foreign direct investment in insurance, lowers capital requirements for foreign reinsurance branches and enables mergers between insurance and non-insurance entities, is expected to improve capital availability and operational flexibility across the sector.

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Parliament clears bill to repeal 71 obsolete laws, streamline legal framework

Parliament has cleared a bill to scrap and update old laws. This move aims to simplify daily life for citizens and remove decades of legal clutter. The legislation repeals 71 Acts, some from the colonial era, and amends four others.…

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India likely to record about 7% growth in FY26: Gita Gopinath

India’s economy is set for robust growth this fiscal year, exceeding initial projections. Former IMF chief economist Gita Gopinath anticipates a 7 percent expansion. Achieving ambitious national goals requires sustained reforms and maintaining high growth rates. Global trade dynamics and…

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Gold all set to hit ₹1.9 lakh per 10 gm, says WGC Chief

David Tait said the rally is being driven by a host of structural forces rather than short-term shocks. These include anticipated deregulation in China, a massive generational wealth transfer in Japan and increasing adoption of ETFs and other gold investment…

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  • Unclaimed Financial Assets: How to check and claim your forgotten money from banks, mutual funds, insurance and NPS

    India has ₹78,000 crore in unclaimed bank deposits, ₹14,000 crore in unclaimed insurance funds, and ₹3,000 crore in unclaimed mutual fund investments. So, let's find out the different types of unclaimed assets and how you can check whether any belong to you, and the steps to claim them.

  • Step-by-step guide to file ITR online: Know the complete process from registration to verification

    Filing an ITR involves following a series of steps to ensure all details are reported accurately. The Income Tax Department provides a pre-filled ITR-1 filing service on the e-Filing portal for registered users. This guide covers the step-by-step process of filing the ITR-1 form.

  • P/E vs PEG ratio: Which metric offers deeper insight into a company's growth potential and valuation?

    The price-to-earnings (P/E) ratio is one of the most common metrics for valuing a stock. By incorporating earnings growth, the PEG ratio provides a more comprehensive view of whether a stock is fairly valued relative to its earnings growth.

  • FOMO is reshaping investing behaviour. Are India’s financial advisers keeping up?

    As traditional wealth management models begin to fray, the industry must pivot toward real-time engagement and behavioural coaching to stay relevant.

  • Income-tax returns: What ITR deductions are available for medical treatments and healthcare expenses? Check details here

    ITR deductions reduce your taxable income by subtracting certain expenses from gross income. Today we take a look at the various medical and healthcare related deductions available under the old tax regime…

  • India’s wealth boom has a problem: 84.8% of households do not have a will, study finds

    1 Finance Magazine has found that 84.8% of Indians have no will, and 62.5% have no plans to make one, highlighting weak estate planning, limited financial awareness, and rising inheritance disputes amid growing intergenerational wealth transfers. 

  • Employees Provident Fund: Who is eligible and non-eligible to be nominee?

    The EPFO manages employees' provident fund and pension schemes in India. Members must add nominess for both with rules differing based on marital status. E-nomination process available for Aadhaar-verified UAN holders.

  • Taking a home loan? Here's why your EMI should stay within 30% of monthly income

    A smart home loan EMI can help keep finances safe and build wealth, while a high repayment burden can hurt finances, damage credit profiles, and bring down credit scores. Keeping home loan EMI within 30% of monthly income helps protect savings and long-term goals.

  • ITR filing AY 2026-27: Essential documents you should keep ready for hassle-free return filing

    With the ITR filing season for AY 2026-27 in full swing, it is important to gather all the necessary documents before filing your return. Some of the key documents include PAN, Form 16, bank statements, capital gains statements, and investment proofs required for claiming deductions.

  • How digital lending platforms can scale faster without increasing risk

    Digital lending platforms revolutionize borrowing by offering small loans at the click of a button. The digital infrastructure, powered by Aadhaar, Account Aggregator framework, and data processing, enhances financial inclusion. 

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