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India Inc to feel weight of bulkier payslips: Rise in cost of bonus, gratuity, overtime benefits to raise cos’ salary outgo

For employees, the quantum of wage hike will however hinge on factors such as compensation structure, and years of service. Companies are also reassessing hiring models, especially balancing between contract and fixed-term employment, alongside reviewing salary structures to align with…

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A CFO’s signature is a public promise, resigning doesn’t end accountability: Ex Sebi WTM

The CFO is a value architect whose signature on financial statements is effectively a public promise, said Ananth Naryan, former, Whole-time Member, Sebi in an interview with ETCFO. In his three-year tenure, from 2022 to October 2025, Narayan penalised CFOs…

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Amazon, Flipkart take aim at India’s banks with new consumer loan offerings

Amazon acquired Bengaluru-based non-bank lender Axio earlier this year. Currently focused on BNPL and personal loans, Axio will re-embark on offering credit for small businesses and start offering cash management solutions.

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India’s Q2 GDP growth quickens to 8.2% on manufacturing, services strength

India’s economic momentum strengthened in the July–September quarter, with official data showing growth accelerating to 8.2 percent as manufacturing and services activity picked up pace, pushing the first-half expansion to 8 percent despite uneven trends in agriculture and utilities.

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Diageo, Pernod Ricard sue Maharashtra over tax hike and exclusion from lower-levy category

Diageo and Pernod Ricard’s Indian lobbying group has sued Maharashtra state over a sharp tax hike on affordable liquor brands and exclusion from a new lower tax category. The policy, favoring local firms, has led to a significant drop in…

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India plans extend tax holiday for aircraft leasing in GIFT City

India plans to extend the tax holiday for aircraft leasing firms in GIFT City to 15 years, aiming to capture a larger share of the global market. This move seeks to make the financial hub more attractive to lessors, boosting…

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  • 8th pay commission to close job vacancies for consultant roles in August — Check eligibility, salary and other details

    8th CPC: The 8th pay commission has invited eligible candidates to fill vacancies for consultant roles. Here are details on job openings, qualifications required, salary and the deadline for applications.

  • EPFO portal now offers two ways to transfer your PF balance after changing jobs — here's the entire process

    The EPFO member portal now allows salaried employees to transfer their EPF balance from previous employers to current ones more easily, aiming to reduce paperwork. Here's how the process works and what all you need to know.

  • DA hike: Amid expectations of dearness allowance increase in July, here's a look at the past announcements

    DA hike: Amid expectations that the Indian government will announce dearness allowance increase in July 2026. we take a look at the trend of past DA hike announcements during the 7th central pay commission.

  • ITR filing 2026: If your income exceeds ₹1 crore, this disclosure is mandatory

    Taxpayers earning over ₹1 crore must file additional disclosures about assets and liabilities under Schedule AL when submitting their income tax returns. Details here.

  • Pension rules: Orissa HC says government employees can't lose pension over leave alone

    The Orissa High Court has ruled that unauthorised absence from work, by itself, is not grave misconduct that justifies compulsory retirement or denial of pension. The court restored a railway employee's retirement benefits after finding the punishment disproportionate.

  • Nasdaq 100 tops 20-year returns at 21%; Nifty Midcap leads Indian markets: Which investment created more wealth?

    The Nasdaq 100 emerged as the biggest long-term wealth creator over the last 20 years, with 21.3% returns. Among Indian equity benchmarks, the Nifty Midcap 150 TRI delivered the highest annualised return over the same period at 16.3%.

  • EPFO centralised database migration: Single portal for claims, digital interface, CITES project — Key features explained

    The Employees' Provident Fund Organisation (EPFO) has this month migrated entire member database to the Centralised IT Enabled Services (CITES) project. The overhaul of its digital infrastructure aims to make services faster, transparent and more citizen centric.

  • Received money, shares or property as a gift? It may be tax-free, but here's when you will have to pay tax

    Gifts from family can be tax-exempt, but not always. Tax treatment varies based on the giver, value, and occasion. Here's when a gift is tax-free when it becomes taxable.

  • Quant Small Cap Fund portfolio: Reliance Industries among 9 stock exits, 5 new additions in June

    Quant Small Cap added five new stocks to its portfolio in June while making complete exits from nine companies, including Reliance Industries. The fund also sharply increased holdings in RBL Bank, Sona BLW Precision Forgings and Anand Rathi Wealth while trimming exposure to several existing stocks.

  • Who is an NRI for income tax purposes? Know the conditions under which ITR filing is required in India

    Living abroad does not automatically exempt NRIs from filing an ITR in India. Tax filing depends on residential status, income earned from Indian sources, and other conditions such as salary, rent, capital gains, business income, TDS refunds, and DTAA claims.

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