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Unclaimed assets worth ₹4,200 crore restored to owners: Finance Ministry

A nationwide campaign, “Your Money, Your Right,” successfully returned approximately ₹4,200 crore in unclaimed financial assets to their rightful owners. The three-month initiative, concluding in December 2025, organized camps in 748 districts to ensure citizens reclaim what is rightfully theirs…

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ICAI defers peer review requirement for auditors of state-run bank branches by a year

The Institute of Chartered Accountants of India has deferred the peer review requirement for auditors of state-run bank branches by one year, extending the deadline to December 31, 2026. The move gives audit firms and reviewers more time to prepare…

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NFRA issues toolkit to help auditors detect errors in financial statements

The National Financial Reporting Authority has issued a new toolkit to help small and medium accounting firms better assess risks of material misstatement in company audits, particularly at the revenue level. The regulator said the toolkit provides adaptable sample documents…

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Vodafone Idea gets ₹638-crore GST penalty

However, Vi in a regulatory filing said it disagrees with the order and will take legal action against it.

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ED freezes Rs 192 crore assets possessed by ZO Games in money laundering case

The Enforcement Directorate (ED) has frozen worth around Rs 192 crores in the form of bank balances, Fixed Deposit Receipts (FDRs), and mutual funds possessed by ZO Games Pvt Ltd, a fully owned Indian subsidiary of Winzo Pvt Ltd, during…

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Sapphire Foods to merge with Devyani International, create single franchise for KFC, Pizza Hut

The boards of Devyani International Ltd (DIL) and Sapphire Foods India Ltd (SFIL) at their respective meetings held on Thursday approved a scheme of arrangement for the merger of SFIL with and into DIL, marking a strategic consolidation of the…

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EPF wage ceiling may rise to ₹25,000, here's how it could boost your EPS pension and affect PF contributions
The Centre is considering raising the EPF wage ceiling from ₹15,000 to ₹25,000, subject to Cabinet approval. If notified, the move could bring more employees under EPF and increase future EPS pension payouts.
Where does LIC invest your premium? Minister tells Lok Sabha how it picks stocks, why it won't name companies
LIC’s equity investment strategy explained as the Finance Ministry reveals how the insurer managed policyholders’ funds in listed companies over five years, including risk checks, regulatory oversight, portfolio review and investment decisions based on business performance and future prospects.
Found errors in your filed ITR? Check due date and whether revising attracts penalty
Taxpayers can file a revised return if they have made mistakes in their initial submission before the 31 July deadline. Know the due date and whether revising errors can lead to a penalty. 
Income Tax Department's NUDGE drive leads to 1.25 crore updated ITRs, ₹9,494 crore extra tax
The CBDT's technology-driven NUDGE campaign prompted 1.25 crore taxpayers to revise or update their ITRs over FY25 and FY26. The voluntary compliance drive also helped the Income Tax Department collect ₹9,494 crore in additional taxes.
EPFO e‑Office app unavailable today during scheduled upgrade; check details
EPFO's e-Office application will be unavailable from 6 pm to 9.30 pm today due to a scheduled system upgrade. Members may experience temporary service delays while key UMANG services remain available. Here's what EPF subscribers and employers need to know.
Stock market closing timings changed: What it means for index funds, ETFs and arbitrage fund investors
The stock market’s new closing auction mechanism changes how closing prices are determined for F&O stocks. The shift from VWAP-based closing prices to auction-based pricing could impact index funds, ETFs and arbitrage funds by improving transparency and reducing tracking errors.
Franklin India Short Term Fund opens NFO on 5 August: Scheme type, duration and risk — Here's all investors need to know
Franklin Templeton's new open-ended short term debt scheme, the Franklin India Short Term Fund opens NFO from 5th to 11th August. Here's all investors need to know about the scheme type, duration, minimum investment amount and potential risk class.
Factor investing styles: Momentum tops with over 24% returns in 10 years—but does it carry the highest risk?
Factor investing has gained significant traction as investors increasingly seek rule-based strategies over traditional market-cap investing. While momentum has delivered the strongest long-term returns, the data shows that higher returns do not necessarily mean the highest risk. 
Zindagi Na Milegi Dobara's Arjun Saluja taught us to chase FIRE, but how to protect it for 50 years
An early retiree must build a larger retirement corpus by targeting a lower withdrawal rate in retirement and by maintaining a margin of safety in the corpus to account for swings during multi-decadal economic cycles
EPFO: Unresolved pending claims, KYC errors, incorrect balance? Here's how to register grievance online — Stepwise guide
Today, we look at how employees provident fund members can file a grievance with the retirement fund body, the step-by-step process to register a complaint, the customer care and social media alternatives.