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Small Company Audit Exemption: This is no ease of doing business

Seasoned finance expert Robin Banerjee warns that the proposed exemption of small companies from mandatory audits risks weakening financial discipline, eroding lender trust, and enabling misuse of corporate structures, challenging the very foundations of transparency and governance in India’s business…

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NFRA flags common audit lapses across 10 firms, exposes systemic gaps in audit quality

Inspection reports highlight recurring deficiencies in audit evidence, documentation, independence and quality controls across firms.

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Corporate and business entities dominate political funding as donations to national parties surge 161% to Rs 6,648 crore in FY25

Electoral trusts contribute 60.53% of total funding; BJP receives over Rs 6,000 crore, more than 10 times of other parties combined.

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ED has attached proceeds of crime worth Rs 64,920 cr in bank fraud cases: FM Nirmala Sitharaman

In the Lok Sabha, Sitharaman also said the Fugitive Economic Offenders Act (FEOA), 2018 was enacted to deter economic offenders from evading Indian law by staying abroad and was applicable to offences involving Rs 100 crore or more.

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Government has taken steps to mitigate risks arising from West Asia conflict: Ministry of Finance

He listed out the steps taken by the government to deal with the crisis, including measures to manage external sector volatility and support the balance of payments.

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Quick commerce, restaurant chains firing offers to cash in on IPL

Amazon Now, Flipkart Minutes and Instamart this weekend launched ‘match-ready’ deals on food and beverages brands with discounts of over 40%, while cafes and chains have kick-started promotions to leverage the high-decibel tournament that started on Saturday.

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ITR filing for AY 2026-27: Don't miss these crucial changes in Form 1
The government has updated Income Tax Return forms for Financial Year 2025-26, effective 1 April 2026. Here are the key changes and how to avoid scrutiny after filing tax returns.
TDS exemption for senior citizens explained: Form 121 replaces Form 15H — key updates and mistakes to avoid
Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the age of 60. Here's a detailed explanation of the changes and key mistakes to avoid while filing Form 121 in FY 2026-27.
Can your Swiggy food delivery and Instamart orders sponsor your next stay at a Marriott hotel?
Marriott Bonvoy has partnered with Swiggy, enabling members to earn MB points on Swiggy transactions like ordering food delivery, groceries, and dining out. These activities help accumulate MB points a little more quickly for the next stay at a Marriott Bonvoy participating hotel.
TDS, TCS new rules: Forms 138 and 140 replace old Forms 24Q and 26Q — here's all you need to know
The government has introduced new Forms 138 and 140 for TDS reporting, replacing the old Forms 24Q and 26Q. Here's all you need to know.
West Asia war poses no recession risk for India, but economic slowdown is on the cards: Madan Sabnavis
Bank of Baroda chief economist Madan Sabnavis states a recession (negative GDP growth for two quarters) is unlikely. Even in a worst-case scenario, GDP growth may slow to around 7% from 7.2-7.25% currently projected.
₹13 crore digital arrest scam: Ex-Delhi judge says awareness is your strongest defence— 6 ways to protect yourself
Growing digital arrest scams use fake police and court threats to coerce citizens into transferring large sums, highlighting the urgent need for awareness, verification, and strong cyber fraud protection.
Income tax portal revamp: 7 key links every taxpayer must check now
Income tax portal revamp introduces new forms, integrated payment module and essential quick links, helping taxpayers in the nation navigate tax frameworks, ensure compliance and simplify filing for assessment year 2026-27.
PAN card application rules changed from 1 April: List of documents you must submit now
The government introduced new PAN application rules from 1 April, mandating additional documentation and updated forms. Here's everything you need to know.
Did you know EPF once offered 12%? A look back at historical returns as govt clarifies on interest rate hike demand
Historical EPF interest rates in India highlight periods of high 12% returns and current 8-8.5% levels, helping subscribers evaluate fund performance and make informed retirement investment decisions.
Gratuity rules overhaul: Eligibility cut to 1 year of service from 5 years — Who is eligible?
The new labour codes allow gratuity eligibility after one year of service, down from five. Effective from 21 November 2025, this applies only to a certain category of employees. Details here.