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Geopolitical flare-ups, AI crash, tariff shocks to dampen India’s air travel demand in FY26, ICRA says

India’s air travel demand is projected to see modest growth of 4-6% in FY26 due to external shocks like geopolitical escalations and trade headwinds. Despite this, international passenger traffic for Indian carriers is expected to surge by 13-15%, driven by…

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Govt to notify new ITR forms, Income Tax Act 2025 rules by January 2026: CBDT chief

New Income Tax Return forms and rules will be notified by January. These changes will be effective from April 1, 2026, replacing the old Income Tax Act of 1961. The Income Tax Department aims for simple and easy-to-comply forms. Tax…

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Rural, industrial and service play will drive our next phase of growth: Castrol CFO

CFO Mrinalini Srinivasan in an interview with ETCFO said that rural and industrial are the two big levers for Castrol’s future growth. “Rural demand is rising, and we haven’t fully tapped it. Industrial is a large market where our presence…

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SC recalls order barring govt from retrospective green nod for projects

The Supreme Court has delivered a split verdict on retrospective environmental clearances. A majority of judges have voted to recall a previous judgment. This judgment had previously invalidated government office memoranda allowing post-facto environmental clearances. Projects already granted clearance under…

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RBI Announces Premature Redemption Price for Sovereign Gold Bonds 2020-21 Series-VIII

The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign Gold Bonds (SGB 2020-21 Series-VIII-issue. The maturity period of sovereign gold bonds (SGBs) is eight years. However, the premature redemption of SGBs is permitted only after…

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India GDP outlook: SBI forecasts Q2 growth to hit 7.5% — here are the factors driving momentum

India’s economy is poised for robust growth, with projections indicating a 7.5% expansion in Q2 FY26. This surge is fueled by increased investment, recovering rural demand, and the positive impact of GST rationalization. Strong performances in services and manufacturing, alongside…

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8th Pay Commission: 5 important Gazette provisions that could impact lakhs of employees and pensioners
The 8th Pay Commission is about much more than a salary hike. From allowances and pensions to performance incentives and gratuity, these five key Gazette provisions could reshape the pay and retirement benefits of Central government employees. Check the complete details, including FAQs. 
Reporting capital gains on equity and debt MFs? Here's a step-by-step guide
While most of the changes to capital gains taxation were implemented in FY24-25 or AY25-26, taxpayers filing returns this year for AY26-27 still need to navigate a detailed reporting framework, particularly for equity transactions.
Your child's education can help you save tax: Eligibility, rules, limits for school and hostel fee exemption
Families can save on school fees through tax exemptions for education and hostel allowances from employers. Tuition fees may also also qualify for deductions under Section 80C. Here's everything you need to know about these tax benefits.
Income-tax returns: Filing tax as a senior citizen? Tax slab, rebate and marginal relief — here are key things to know
Income-tax returns: The I-T department has released excel utility of its ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam) forms for AY27. Today we lay out the numbers and key things to know for senior and super senior citizens looking to file their returns.
Karnataka builder failed to give promised amenities for 6 years; RERA intervenes: What you can do if it happens to you
A Bengaluru homebuyer has been waiting over six years for promised amenities after paying ₹40 lakh for an apartment. He approached Karnataka RERA for relief and partly won the case. Here's what you can do if it happens to you.
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.