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FRRB now looks at low audit fees, negative reserve parameters for reviewing cos’ fin statements

FRRB is using these parameters, along with other factors, in the review of financial statements for 2023-24.

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‘Weighty’ FMCG matters: Prices repacked, value unpacked; Daily goods makers repurpose pack sizes to pass GST cut benefits

Popular price points for daily essentials are set to return by mid-November. FMCG manufacturers can now increase pack weights instead of reducing prices to pass on GST rate cut benefits. This move aims to resolve consumer inconvenience caused by non-standard…

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India’s IT Sector Sees Hiring Stabilization in FY 2025-26 Amid Rising Demand for Engineering and AI Roles

India’s IT sector hiring has stabilized. Recruitment of freshers and mid-senior professionals has improved. Demand for engineering, technical, and AI roles is up. Companies are focusing on quality-led hiring. Campus intake has seen a significant rise. This indicates a measured…

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India’s infrastructure output growth slows to three-month low in September

India’s infrastructure output saw its slowest growth in three months during September, expanding by just 3% year-on-year. This slowdown was primarily driven by declines in coal, natural gas, and refinery products, contrasting with a more robust 6.5% growth recorded in…

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Indian Paper Industry Raises Alarm Over GST Reforms Threatening Domestic Market Competitiveness

Indian paper industry warns of a surge in imports following GST reforms, potentially undermining ‘Make in India’. With uncoated paper for notebooks now tax-free on imports, domestic manufacturers face higher costs and reduced competitiveness. This change could significantly impact the…

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India Diversifies Export Markets Amid US Tariff Hikes, Reports 9% Growth

India has succeeded in diversifying its export market with overseas shipments recording a year-on-year growth in over 20 countries across Europe, the Middle East, Africa and Latin America which has helped to offset the adverse impact of the US tariff…

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Paid taxes abroad? Here's how Form 67 helps claim foreign tax credit in India
Foreign Tax Credit allows Indian residents to reduce their tax liability in India by claiming credit for taxes already paid in another country. The Income Tax Department allows eligible resident taxpayers to claim a Foreign Tax Credit (FTC) by filing Form 67 along with the supporting documents.
ITR filing 2026: Think twice before claiming fake tax deductions — You could land in prison, face penalties
Taxpayers who falsely claim deductions to reduce tax liabilities could face severe penalties, prosecution, or imprisonment. Here are the consequences if a taxpayer is found guilty.
EPFO automates PF transfer after job switch — Does it benefit private or exempted PF trust members?
EPFO simplifies the provident fund transfer process for Aadhaar-linked and KYC-compliant UAN holders by automating it, reducing paperwork. Here's whether private trust-managed funds will benefit from this new feature or not.
Annapurna Yojana: Haven't you received your payment yet? 8 reasons why
The first funds of the Annapurna Yojana were credited to nearly 1.1 crore beneficiaries. West Bengal's Chief Minister reported 1.6 crore applications were received, with 26 lakh rejected for various reasons.
Same trip, same loss: why was one insurance claim rejected?
In situations where two insured individuals are affected by the same insured event but receive contradictory decisions, it is reasonable to seek clarification based on such differential treatment. An insurer should be able to explain why identical facts have resulted in different outcomes.
Bengaluru landowner sold 17 flats, made ₹11.8 crore and paid no tax — then won the tax dispute | Know how
A Bengaluru resident won a tax dispute over capital gains of ₹11.8 crore from selling 17 apartments. Although the income tax department initially rejected his tax exemption claims, the ITAT ruled he could claim exemptions on multiple properties, as each sale was an independent transaction.
India's CPI inflation is 4.38%, but your personal inflation could be higher. Here's how to calculate it
India's CPI inflation stood at 4.38% in June 2026, but your personal inflation rate may differ depending on your spending habits. Using MoSPI's category-wise inflation data, you can calculate your own personal inflation rate.
2 crore ITRs already filed: Experts explain why you must submit your tax returns before 31 July deadline
With two crore income tax returns already filed, experts advise taxpayers to complete their ITR filing before the 31 July deadline. Early submission can help avoid last-minute errors, resolve tax mismatches, claim refunds faster and ensure smooth compliance without depending on an extension.
Why diversification—not stock picking—could define wealth creation over the next decade
As markets become more volatile and leadership shifts across asset classes, investors may need to rethink portfolios built around a single source of returns.
UPI vs Credit Cards: Experts explain how to choose right payment method for everyday spending
UPI and credit cards each offer unique advantages for everyday payments. Here are the key differences, benefits, rewards, credit score impact, and practical tips for choosing the right payment method for daily spending, budgeting and long-term financial planning in India.