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Audit committee chair’s role expands beyond financial oversight amid AI, risk and sustainability pressures: Deloitte

Global study finds convergence in governance practices, but widening responsibilities reshape audit committee leadership.

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President Murmu addresses Parliament as Budget Session begins, sets tone for Viksit Bharat

India has entered a new growth phase. President Droupadi Murmu highlighted successes and achievements from the past decade. Infrastructure development, especially in the Northeast, has improved connectivity. The nation also commemorated significant historical and cultural figures. The government’s commitment to…

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Budget pitch: Pharma Inc seeks tax breaks for research and development

Industry executives believe this will accelerate growth and innovation, positioning India as a global leader in the pharmaceutical sector.

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Cheaper treats from Europe: What the EU–India trade deal means for Indian consumers

A new EU-India free trade agreement will bring cheaper European goods to India. Expect lower prices on wine, spirits, beer, and olive oil. Many processed foods like chocolates and breads will also become more affordable. Import duties on cars and…

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Shapoorji Pallonji Group looks to raise up to $2.5 billion to refinance debt

The proposed fundraise will be used to refinance a dollar bond backed by shares of Tata Sons, held through group entity Goswami Infratech, due to mature in April. The new transaction is expected to mirror the structure of the earlier…

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Trump's Chagos remark can be fresh flashpoint in Indo-US ties

In a recent statement, US President Donald Trump expressed his disapproval of the UK’s choice to transfer the Chagos Islands back to Mauritius, a move that could potentially strain relations with India, which staunchly endorses Mauritius’ claim.

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News

  • Can ESOP buyback payouts be taxed as capital gains? ITAT order offers hope for startup employees

    The Bengaluru ITAT has asked tax authorities to reconsider the tax treatment of ESOP buyback payouts by applying the Karnataka High Court's ruling. The order could strengthen the case for taxing payouts from vested but unexercised ESOPs as capital gains instead of salary.

  • HDFC Bank launches ‘Max for Seniors’ and ‘Max for Her’ savings accounts; key features

    HDFC Bank has introduced ‘Max for Seniors’ and ‘Max for Her’ savings accounts under its Savings Max portfolio. The accounts offer cyber protection, Auto Sweep benefits, insurance cover, health support and lifestyle privileges designed for senior citizens and women customers.

  • Unified Pension Scheme sees over 1.18 lakh Central government employees opt in; Centre rules out any changes

    More than 1.18 lakh Central government employees and eligible retirees have opted for the Unified Pension Scheme. The Centre has told Parliament there is no proposal to review, modify or replace the pension scheme.

  • 8th Pay Commission consultations gather pace: Tracking 8 key pensioner demands of RSCWS on pay, retirement security

    8th Pay Commission: The Commission is reviewing eight pensioner demands raised by RSCWS, including higher basic pay, revised HRA, transport allowance and stronger retirement benefits. The RSCWS proposals aim to improve pensions for Indian Railway employees.

  • Finance Ministry moves to enable MDR on UPI — Here's what scrapping zero MDR provision means for UPI users

    The Union Ministry of Finance has made moves to enable merchant discount rates on UPI and proposed scrapping the zero MDR provision. We take a look at what this decision could mean for UPI customers.

  • REITs vs REIT mutual funds: Structure, taxation rules, returns and suitability for investors compared

    REITs and REIT mutual funds offer investors exposure to the real estate sector but differ in structure, taxation, and returns. While REITs focus on rental income from properties, REIT funds combine REIT exposure with real estate equities. 

  • New Fund Offer: Should you invest in an NFO when a similar mutual fund with a proven track record exists?

    If a similar mutual fund with a proven track record already exists in the market, experts say investors should prefer an established scheme unless the NFO offers a genuinely differentiated strategy that complements their portfolio and investment goals.

  • Value funds: Only two schemes have negative alpha; Quant and DSP lead category in benchmark outperformance

    Only two value funds have negative alpha, indicating they lag their benchmark indices, while Quant Value Fund and DSP Value Fund record the highest positive alpha. The contrast in alpha was also reflected in return performance, with the positive-alpha funds delivering better returns. 

  • Has EPFO wage ceiling been raised to ₹25,000? Here's what report says about the monthly contribution limit

    Finance Ministry has approved an increase in EPF wage ceiling to ₹25,000 monthly from current ₹15,000, as per a Moneycontrol report. If approved this would expand coverage to more salaried workers.

  • How to report F&O income in ITR for AY 2026-27: Deadline, turnover, audit rules and key changes in tax forms

    F&O trading is treated as non-speculative business income and must be reported under business income in ITR. For AY 2026-27, taxpayers need to disclose F&O turnover and income in dedicated fields in ITR forms. They also need to comply with tax audit and carry-forward rules.

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