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Firms turning to AI tools to keep pace with taxman

The platform integrates PwC’s tax expertise with curated legal content, AI capabilities and human oversight to support in-depth tax research, document drafting and strategic planning for business transactions.

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Real-time tax data to sharpen state GDP estimates under new methodology: MoSPI

India is set to enhance economic growth estimation for states. Real-time Goods and Services Tax Network data will provide more accurate Gross State Domestic Product figures. Capacity-building workshops will aid states. A new Gross Domestic Product series releases February 27,…

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Will the Income Tax Department be able to access your social media and emails from April 1, 2026?

A viral social media claim that the Income Tax Department will access private digital accounts from April 1, 2026, to curb tax evasion has been debunked by the PIB Fact Check team. The department’s powers are strictly limited to search…

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Private banks lead lending rate cuts, PSBs outpace on deposits: RBI

Private sector banks showed quicker transmission of policy rate cuts on both fresh and outstanding rupee loans, whereas public sector banks adjusted fresh term deposit rates more rapidly, reflecting faster liability-side responsiveness.

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Will the rupee cross 100 against the USD in 2026? CFOs, economic experts weigh in

Economists believe India’s strong macroeconomic fundamentals — record-low inflation, low interest rates, and a rising GDP growth rate — are the perfect catalysts for the rupee’s comeback in 2026 provided capital inflows improve.

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Kajaria Ceramics fires CFO over ₹20 crore fraud at subsidiary; investigation underway

Kajaria Ceramics has terminated its Chief Financial Officer from Kajaria Bathware amid allegations surrounding a ₹20 crore fraud scheme. The funds were reportedly embezzled over the past two years from Kerovit Global. Following the discovery, the company has lodged a…

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Best FD interest rates in India: Check fixed deposit returns of DCB Bank, RBL Bank, YES Bank and more
Interest rates on fixed deposits differ significantly among banks. Investors should consider factors such as bank reputation and financial goals when choosing deposit options with varying maturities.
ITR-6 Excel utility for AY 2026-27 released: Eligibility, due dates, key documents explained
The Income Tax Department has released the Excel utility for ITR-6 for AY 2026-27. The utility is now available on the e-Filing portal. The form is applicable to companies that are not claiming exemption under Section 11 of the Income Tax Act.
Boost your savings on autopilot: How cash optimisation apps put your surplus money to work
Cash optimisation apps allow you to park unused money in liquid mutual funds or fixed deposits, delivering higher yields than standard savings accounts.
EPFO may launch E-PRAAPTI by August-end: How the new portal can help you trace old or inactive PF accounts
The EPFO is expected to launch E-PRAAPTI by the end of August to help members recover money lying in old or inactive PF accounts. The Aadhaar-based portal aims to simplify account tracing, reduce paperwork, enable UAN linking, and make claims faster through a digital process.
RBI holds repo rate at 5.25%: 5 assumptions about EMIs, FD rates and inflation salaried employees shouldn't make
The RBI has kept the repo rate unchanged at 5.25% while raising its FY27 growth forecast and trimming its inflation estimate. Here's why salaried employees shouldn't expect lower EMIs, cheaper loans or sharply lower FD rates just yet.
Does Section 54F tax exemption apply if LTCG is used to buy property from spouse? Here's what the ITAT ruling says
The Mumbai ITAT ruled that a genuine property purchase from a spouse cannot be denied Section 54F tax exemption merely because it results in tax savings. The tribunal found no evidence of tax avoidance and allowed a taxpayer's ₹6.92 crore exemption claim after the tax department challenged it.
RBI policy remains unchanged — but is this the right time to revisit and strengthen your emergency fund strategy?
The RBI held the policy repo rate at 5.25%, maintaining a cautious stance amid uncertainties. Governor Malhotra noted the uncertain growth outlook due to various factors. Here's what retail investors should do in such times.
Beyond 31 July: Taxpayer's guide to every ITR deadline
While business and professional filers of ITR-3 and ITR-4 get more time, even those who missed the 31 July deadline get a chance to file a belated ITR, though with a penalty.
Does paying off a loan early improve your credit score? Here's what experts say
Early loan repayment reduces interest costs but may not immediately improve credit scores. Experts explain how timely payments, credit utilisation, debt management and responsible borrowing habits play a bigger role in building a strong credit profile.
What India's investors can learn from South Korea's market meltdown
South Korea's AI-driven stock market boom turned into a sharp rout within weeks. Here's what Indian investors can learn about leverage, passive investing, diversification and FOMO.