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Sitharaman urges GST officers to be polite, empathetic toward honest taxpayers

Finance Minister Nirmala Sitharaman urged GST officers to be polite and empathetic towards honest taxpayers, emphasizing technology for faster approvals and grievance redressal. She stressed timely conclusion of disciplinary proceedings against officers to ensure accountability and prevent misconduct. The minister…

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Intel returns to profit after six straight quarterly losses; CFO David Zinser tells what its to have the US government as Intel’s biggest shareholder

Chip giant Intel has returned to profit after six quarters of losses. The company reported strong revenue in the third quarter, driven by high demand for its chips. This positive performance follows a significant investment from the US government. Intel…

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RBI proposes to allow banks to fund India Inc takeovers, PSU disinvestments and IPOs

RBI has proposed allowing banks to fund domestic and overseas corporate acquisitions, PSU disinvestments, and IPO subscriptions from April 2026. How will banks manage risk? Which companies qualify? And how will India Inc leverage this new acquisition-finance window?

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ICAI launches MSME Clinics to provide free advisory, credit matchmaking for small businesses

The Institute of Chartered Accountants of India has launched MSME Clinics across the nation. These clinics offer free advisory services, credit matchmaking, and compliance help to micro, small, and medium enterprises. MSMEs can visit any of ICAI’s 183 branches for…

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Sebi Streamlines Portfolio Management Services Transfer Process to Boost Business Efficiency

Sebi has introduced a streamlined process for transferring Portfolio Management Services (PMS) businesses between managers to enhance ease of doing business. The new framework mandates prior Sebi approval for all transfers, with specific rules for group and non-group transfers, including…

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Forex reserves jump by USD 4.496 billion to USD 702.28 billion

India’s forex reserves surged by USD 4.496 billion to USD 702.28 billion in the week ending October 17, primarily driven by a significant rise in gold reserves. While foreign currency assets saw a decrease, the overall reserves benefited from the…

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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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