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Govt Scraps TDS on GIFT City Aircraft Lease Rentals

Airlines are now exempt from deducting tax at source on lease rentals paid to eligible aircraft leasing companies operating from GIFT City. This significant move by the CBDT aims to ease cash flow for carriers and bolster India’s ambition to…

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M-cap of 6 of top-10 most valued firms surges Rs 1 lakh cr; Airtel, Bajaj Fin top winners

In the last week, Indian stock markets thrived, witnessing a remarkable Rs 1 lakh crore increase in the combined market valuation of six leading companies. The surge was largely attributed to Bharti Airtel and Bajaj Finance, which capitalized on favorable…

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India-UK CETA is more than a trade deal—it is a blueprint for a strategic partnership

India and Britain’s landmark Comprehensive Economic and Trade Agreement (CETA) officially begins July 15, aiming to double bilateral trade to $112 billion by 2030. This ambitious pact extends beyond traditional trade, establishing rules for the digital economy, intellectual property, and…

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Tata Steel aims to spend Rs 20,000 cr in FY27 on expansion, adoption of technologies

Tata Steel is set to invest approximately Rs 20,000 crore in capital expenditure for the current financial year, with a significant 60% earmarked for its Indian operations. This marks a substantial increase from the previous year’s spending. The allocation prioritizes…

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India eyes oil exploration expansion after Middle East war shortages

India is intensifying domestic crude exploration following a significant energy supply shock. The nation plans to auction vast unexplored areas, aiming to boost its modest current production. This strategic push, spurred by recent geopolitical events and a pragmatic approach to…

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Fixed costs are a strategy problem: What India's enterprise CFOs are getting right about managed offices

Indian CFOs are now treating office space as a capital allocation decision, moving beyond traditional long-term leases. The pandemic has highlighted the financial risks of fixed commitments, pushing enterprises towards flexible, managed workspaces. This shift offers cost visibility, capital efficiency,…

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  • Warren Buffett is giving away $140 billion to charities. But what happens to the taxes?

    Warren Buffett plans to give away his $140 billion stake in Berkshire Hathaway by 2034, donating 12 million shares to four foundations. He emphasises his children's responsibility in managing the wealth while facing criticism over the effectiveness of foundations for aiding vulnerable Americans.

  • Income-tax returns: What is the last date to file your ITR? Here are 5 key things taxpayers should know…

    ITR deadline: While the overall e-filing process has become quicker, the process can be daunting for first-time filers. Here are five key things taxpayers should know to prepare before filing ITR.

  • EPFO underpaid EPS pension by ₹1,350; consumer commission orders refund with interest

    A consumer commission ordered EPFO to refund ₹1,350 plus interest after miscalculating an employee's EPS withdrawal benefit. The commission ruled that EPFO used the wrong factor for calculations, leading to a shortfall in the payout. Details here.

  • Financial freedom at 32, but at what cost? The ₹4.5 crore health warning

    A 32-year-old struggled with health due to long work hours and poor self-care, leading to a diabetes and hypertension diagnosis. His story highlights the relationship between health and financial risk, emphasizing the need for professionals to prioritize well-being alongside career goals.

  • Annapurna Bhandar payment status: Where to complain if money is not credited | Check helpline no & email id

    Women awaiting payments from the Annapurna Bhandar scheme are checking the status of their funds. The scheme replaces the Lakshmi Bhandar and offers helpline numbers for assistance. Possible reasons for delayed payments include banking issues and incorrect application information.

  • Did not file your ITR yet? Why waiting for a deadline extension could hurt your wallet

    Missing the ITR deadline leads to penalties and interest on the unpaid taxes where applicable. Here's why a due date extension is unlikely this year and hence taxpayers should consider filing their tax returns on time. 

  • EPFO: How members can check provident fund, pension claim status using portal, Umang app, SMS or missed call

    EPFO: Today, look at how EPF subscribers can check their claim status — for provident fund withdrawal, transfer, or pension fund — in real-time using the official portal, Umang mobile app, SMS and missed call options.

  • ITR filing 2026: Can professionals and business owners change their tax regime every year?

    The new tax regime is the default for taxpayers, with salaried individuals able to choose annually. Business income taxpayers face restrictive rules, allowing a one-time switch between regimes. 

  • FD at PSU banks vs private banks vs SFBs: Highest interest rates for senior citizens | Check list here

    Fixed deposits offer senior citizens stable returns, protecting their savings from market volatility. Leading small finance banks provide competitive rates for different tenures. 

  • How to pay income tax online? Step-by-step guide and payment modes available

    The e-pay tax facility is a convenient option to pay taxes online as it allows payments via both pre-login and post-login options, and supports multiple payment methods. Details here. 

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