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Budget 2026: FICCI urges govt to ease litigation, unlock Rs 18 lakh crore stuck in tax appeals, simplify TDS and clarify demergers

India Inc has sought wide-ranging direct and indirect tax reforms in Budget 2026-27 from easing litigation and simplifying TDS to clarifying demerger taxation and customs procedures. Will the Budget fix the faceless appeal system, unlock liquidity, and reduce tax uncertainty?

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Services sector driving 55% of India’s GVA but job quality and informality remain key hurdles: NITI Aayog

Twin reports flag widening regional gaps, urge states to boost digital infrastructure, skills and formalisation to sustain balanced growth.

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India’s IIP grows 4% in September 2025, led by 4.8% rise in manufacturing

Basic metals, electrical equipment, and auto sectors drive industrial output; mining dips 0.4%.

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India bonds inch up ahead of Fed meet; liquidity strains persist

Indian government bonds saw a slight uptick Tuesday as investors covered short positions before the U.S. Federal Reserve’s policy announcement. Concerns over tight liquidity in India’s banking system and anticipation of the Fed’s commentary kept market sentiment cautious. Foreign investors,…

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India’s HAL Signs Landmark Aircraft Manufacturing Deal with Russian Firm Amidst Western Sanctions

India’s state-owned aeronautics firm said Tuesday it had signed a deal with a Russian aircraft manufacturer under US and European sanctions, a move likely to irk New Delhi’s Western allies. Hindustan Aeronautics Limited (HAL) announced the deal with United Aircraft…

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Indian small finance banks’ advances poised to cross Rs 2 lakh crore this fiscal: Report

Small finance banks are set for significant growth this fiscal, with advances expected to cross Rs 2 lakh crore. This expansion is fueled by a strong performance in non-microfinance sectors like mortgages and MSME loans. A gradual recovery in microfinance…

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  • Dearness Allowance: Breakdown of salary components — How is DA different from other allowances?

    Amid the 8th pay commission's salary revision discussions, we take a look at the differences between Dearness Allowance (DA), and other allowance components of salary, such as HRA, medical allowance, education allowance and more.

  • EPFO retains 8.25% interest rate for FY26; UPI-based withdrawals to launch soon

    Big relief for EPFO subscribers as the EPF interest rate remains at 8.25% for FY26. The upcoming EPFO 2.0 platform will introduce UPI-based withdrawals, making provident fund access faster, easier and more convenient for millions of workers.

  • Govt approves EPF rate of 8.25% for FY26: When will subscribers receive the interest amount?

    The EPFO can officially credit interest to subscribers' accounts only after the rate recommended by its governing body receives the Finance Ministry's approval.

  • Claude ‘ran like a CA’: Professionals are leaning towards AI to file income tax — Check viral prompt

    Working professionals took to social media to share how they used AI to file their income tax returns — From decoding dense tax terminologies to automatically accounting for mid-year employer switches, and more

  • Invest in mutual funds daily with just ₹10: Axis Mutual Fund launches ‘Rozana SIP’

    Axis Mutual Fund has launched the ‘Rozana SIP’ facility, which enables investing with just ₹10 per scheme per day through its website. This initiative offers a low-ticket-size approach and helps build an everyday investing habit through daily contributions.

  • Nifty 50 vs Nifty Next 50: Which index rewarded investors more? What 10-year rolling returns reveal

    Often viewed as a secondary large-cap benchmark, the Nifty Next 50 has outperformed the Nifty 50 across 3-, 5-, 7- and 10-year rolling periods. The data also shows it occupies a distinct position between traditional large-caps and mid-caps on the risk-return spectrum.

  • I asked ChatGPT if a Bengaluru DINK couple earning ₹3 lakh a month can retire by 50? Here's what AI said

    The RBI’s inflation target remains 4% with a 2%–6% band. Medical inflation has recently run far above headline inflation, and India’s life expectancy at birth is about 72 years—all of which argue for a cautious plan, said ChatGPT

  • 8th Pay Commission: Submission window closes; unions push for salary, pension reforms — a look at contentious issues

    The most contentious issue before the 8th Pay Commission centres on how minimum wages are calculated.

  • I wanted to save money without giving up my lifestyle. I asked ChatGPT for a ‘Rich Life’ financial plan

    Ramit Sethi believes that if you automate your savings targets first, you don't need to track minor purchases

  • Pre-filled ITR and AIS: Checks to complete before you hit ‘submit'

    AIS is compiled from data reported by multiple entities such as employers, banks, mutual funds, brokers, custodians, and registrars. While it is a useful reconciliation tool, it is not free from errors.

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