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Net direct tax kitty swells 9 pc to Rs 18.4 lakh cr on slower refunds, higher corp tax mop-up

Data released by the Income Tax Department on Monday showed that net corporate tax collection grew 12.4 per cent to over Rs 8.63 lakh crore, and taxes from non-corporates, including individuals and HUFs, rose 6.39 per cent to about Rs…

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Green line glitch solution turns into a tax headache for OnePlus

OnePlus is facing a significant tax demand from GST authorities for its lifetime screen replacement warranty. This comes as the company’s sales and profits saw a sharp decline in the last fiscal year. The company is contesting the demand, asserting…

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Uttar Pradesh task force arrests four in Rs 100-cr GST scam; GST officer absconding

The Uttar Pradesh Special Task Force has implicated a Central GST inspector, Mohit Agrawal, in a Rs 100 crore GST evasion case registered in Ghaziabad. Agrawal is currently untraceable and allegedly provided departmental support to a syndicate involved in tax…

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Big money, bigger impact: IPL ads drive real sales for FMCG brands

A new study reveals that advertising during the TATA IPL 2025 significantly boosted FMCG sales. Brands saw an average 5.7% uplift in sales value. Campaigns across TV and digital platforms performed better. Higher spending also correlated with greater sales increases.…

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Reliance pauses lithium-ion cell manufacturing plans amid China tech curbs

Reliance’s difficulties reflect wider constraints facing Indian companies expected to support Prime Minister Narendra Modi’s target of net-zero emissions by 2070, particularly amid fragile bilateral ties with Beijing.

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Acquisition financing by Indian banks to sanctions risk, 2026 set to be a learning year for India Inc

In 2026, Indian enterprises are bracing for a transformative regulatory landscape, emphasizing toughness and adherence. Financial institutions are now empowered to support acquisitions, while private equity blossoms with the rise of secondary funds. However, the looming threat of sanctions remains…

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Heavy rains damaged your car? Here's what motor insurance covers and what it doesn't
Heavy rains can damage your car, but not every repair is covered by insurance. Here's what comprehensive policies pay for, common claim exclusions, and mistakes that could lead to claim rejection.
Renewing your car insurance this monsoon? Experts explain which add-ons are actually worth paying for
A comprehensive car insurance policy may not cover every monsoon-related expense. Experts explain which add-ons are worth buying to reduce repair costs and improve financial protection. 
West Bengal govt to release 50% of estimated Dearness Relief arrears for pensioners in Kolkata — All you need to know
The West Bengal government will release 50% of estimated Dearness Relief (DR) arrears to pensioners in the Kolkata municipal area in an interim measure that aims to provide immediate relief for state govt retirees. 
Is ₹80 lakh enough to retire? 31-year-old woman wants to quit govt job for 'peace'
The woman said she has been employed at a PSU for the past seven years and is in a comfortable financial position. According to her post, she has no outstanding debt, follows a modest lifestyle and has accumulated significant savings over time.
US-Iran war: Defence funds surge, IT lags; experts share what mutual fund investors should do
Since the start of the US-Iran war in February, the Nifty Defence Index has delivered positive returns of 18.7%, while the Nifty IT Index declined 12.5%. Experts advise investors to avoid short-term reactions, focus on diversified funds, and use SIP investments during periods of market volatility.
Already have 3-5 SIPs running? Expert shares a checklist before you add another fund
Investors who already have 3 to 5 SIPs running should review their existing portfolio before adding another fund. The expert recommends focusing on 5 key areas: goal alignment, portfolio overlap, risk balance, contribution sizing, and regular portfolio reviews.
ITR-2 filing for AY 2026-27: Step-by-step guide to file income tax returns correctly before 31 July deadline
ITR-2 filing for AY 2026-27 requires careful reporting of capital gains, multiple properties, foreign assets and other income. Learn who must file ITR-2, key online filing steps, deadline and practical tips to submit accurate tax returns before 31 July 2026.
Top 5 dividend yield funds based on 5-year returns: ICICI Prudential Dividend Yield Fund leads with 19.95% returns
Based on 5-year CAGR performance, ICICI Prudential Dividend Yield Equity Fund has emerged as the top-performing scheme in the category, delivering 19.95% returns. LIC MF Dividend Yield Fund and HDFC Dividend Yield Fund follow. 
EPFO's 2026 overhaul: key takeaways from the latest EPF, EPS, EDLI schemes
The new EPF Scheme, 2026 does not make higher PF contributions optional. Here's what remains unchanged, what has changed, and what it means for employees and employers.
Section 54 relief: ITAT allows tax exemption on 23 flats, wipes out ₹8 crore demand
A Bengaluru ITAT ruling allowed a landowner to claim capital gains exemption on 23 flats received under a redevelopment deal. The relief, however, applies to older joint development agreements executed before key tax law changes.