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Economy growing at robust pace, banking sector remains sound: RBI report

India’s economy is growing strongly. The financial system is robust and resilient. Banks have strong capital and liquidity. Gross non-performing assets are expected to fall. The growth outlook remains positive. The rupee has depreciated against the US dollar due to…

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Government notifies first set of export promotion mission scheme

This initiative, part of a larger export promotion mission, aims to boost buyer connections and market presence through structured interventions and financial support for international participation.

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MSME facilitation, destination infrastructure key to tourism growth: Report

Crisil Intelligence releases report on tourism livelihoods and circuits of growth which says strengthening micro, small and medium enterprises (MSMEs) capabilities, destination infrastructure and service quality is critical to converting high visitor volumes into higher incomes and stable, year-round livelihoods.

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IndiGo receives ₹458 crore GST penalty order, airline calls it ‘erroneous’

IndiGo believes the order is incorrect and plans to challenge it legally. The airline stated the order will not significantly affect its finances or operations.

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ICAI draft proposes minimum requirements, disclosure norms for information systems audits

Exposure draft of IS Audit Standards proposes principles, quality benchmarks and disclosure norms amid rising digital and cyber risks.

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MCA extends deadline till January 31 for filing financial statements, annual returns

Companies can now file their financial statements and annual returns for the financial year 2024-25 until January 31, 2026. This extension is granted without any additional fees. The Ministry of Corporate Affairs made this decision following requests from various stakeholders…

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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.

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