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Net direct tax kitty swells 9 pc to Rs 18.4 lakh cr on slower refunds, higher corp tax mop-up

​Data released by the Income Tax Department on Monday showed that net corporate tax collection grew 12.4 per cent to over Rs 8.63 lakh crore, and taxes from non-corporates, including individuals and HUFs, rose 6.39 per cent to about Rs…

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Green line glitch solution turns into a tax headache for OnePlus

OnePlus is facing a significant tax demand from GST authorities for its lifetime screen replacement warranty. This comes as the company’s sales and profits saw a sharp decline in the last fiscal year. The company is contesting the demand, asserting…

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Uttar Pradesh task force arrests four in Rs 100-cr GST scam; GST officer absconding

The Uttar Pradesh Special Task Force has implicated a Central GST inspector, Mohit Agrawal, in a Rs 100 crore GST evasion case registered in Ghaziabad. Agrawal is currently untraceable and allegedly provided departmental support to a syndicate involved in tax…

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Big money, bigger impact: IPL ads drive real sales for FMCG brands

A new study reveals that advertising during the TATA IPL 2025 significantly boosted FMCG sales. Brands saw an average 5.7% uplift in sales value. Campaigns across TV and digital platforms performed better. Higher spending also correlated with greater sales increases.…

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Reliance pauses lithium-ion cell manufacturing plans amid China tech curbs

Reliance’s difficulties reflect wider constraints facing Indian companies expected to support Prime Minister Narendra Modi’s target of net-zero emissions by 2070, particularly amid fragile bilateral ties with Beijing.

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Acquisition financing by Indian banks to sanctions risk, 2026 set to be a learning year for India Inc

In 2026, Indian enterprises are bracing for a transformative regulatory landscape, emphasizing toughness and adherence. Financial institutions are now empowered to support acquisitions, while private equity blossoms with the rise of secondary funds. However, the looming threat of sanctions remains…

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  • Want to retire early? Here's how F.I.R.E strategy can help — We calculate corpus you will need

    FIRE aims to help people retire early through high savings, disciplined spending, and long-term investing. Strategies should be tailored to personal goals and account for inflation, healthcare costs, taxes, and unexpected expenses.

  • No more tax relief for importing gold, silver and platinum: What does it mean? Will buyers pay more?

    The government has withdrawn the upfront IGST exemption for banks and nominated agencies importing precious metals. Since 1 April 2026, these imports have been subject to a 3% customs levy.

  • Targetting ₹1.5 crore retirement corpus? Here's how to calculate how much you really need

    HDFC Pension’s study found retirement savings targets are growing, but remain below recommended levels, while healthcare costs and medical concerns remain major retirement worries. Here's how much you may need to save… 

  • TCS senior employees miss quarterly variable pay as AI revenue rises nearly 20%; juniors get full payouts

    Tata Consultancy Services will withhold quarterly variable pay from senior employees at C3A grade and above after missing internal performance targets. Junior staff will receive their full eligible pay, as per a report. 

  • 5 personal finance lessons from international bestseller ‘Die with Zero’ by Bill Perkins

    In Die with Zero, Bill Perkins encourages people to spend purposefully on experiences that create lasting memories. He recommends planning activities for the right stages of life, giving money when loved ones can use it.

  • Pay Commission: Meghalaya to constitute, notify 6th Pay Commission soon, says CM — What we know

    Meghalaya plans to constitute its Sixth Pay Commission, with a formal announcement of its chairperson and members expected within two weeks. The panel will review pay, allowances, benefits and service conditions for state employees and pensioners.

  • DA news: Telangana govt releases two dearness allowance and dearness relief installments for employees, pensioners

    DA news: The Telangana government has approved release of two dearness allowance and dearness relief installments for state employees and pensioners across cadres. Here's all we know about the development… 

  • Tax on Dividend income of shares: How can investors minimise money loss? Expert explains

    Dividend income is taxable, and tax may be deducted at source above a specified threshold. Investors can consider growth-oriented investments, where returns are taxed as capital gains when sold, and should avoid borrowing to invest for tax benefits.

  • 8th Pay Commission: IRTSA seeks fitment factor of 4.38, 5% annual increment for railway supervisors

    The 8th Pay Commission has received a proposal from IRTSA for graded fitment factors ranging from 2.92 to 4.38 across pay levels. Railway technical supervisors also want a 5% annual increment and changes to minimum-pay calculations. Read on to know more. 

  • UPI MDR: Will UPI Apps start charging platform fee on UPI payments? Know here

    Consumers will not pay extra for UPI transactions when a new merchant discount rate takes effect on October 15. Merchants will pay a 0.4% fee on qualifying payments above ₹2,000, capped at ₹300, and cannot pass the charge on to customers.

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