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Markets open in green after two-day losing streak; Sensex up 160 points, Nifty opens higher at 23,897

The Indian equity markets opened in the positive territory on Wednesday after two straight sessions of losses, even as concerns persisted over a potential escalation in the US-Iran conflict and weaker-than-expected monsoon progress.

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GST at 9: India Inc seeks GST 2.0 with faster ITC refunds, AI-led compliance and lower litigation

Finance chiefs say the indirect tax reform has transformed business over the past nine years, but call for quicker input tax credit refunds, simpler compliance, consistent tax interpretation and technology-driven administration as GST enters its next phase.

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Sebi bars 10 entities over alleged fraud at Darjeeling Industries

The interim ex-parte order was passed amid concerns that the noticees could offload shares allotted through a preferential issue after the lock-in period expired, potentially making wrongful gains.

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SEBI bars Darjeeling Industriies promoters, alleges circular funding and stock manipulation scheme

India’s markets regulator, the Securities and Exchange Board of India (SEBI), on Tuesday issued an ex-parte interim order against the promoters and associates of Darjeeling Industriies Limited, alleging they orchestrated a complex scheme involving circular funding, misuse of preferential issue…

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Joint Parliamentary Committee to hold meeting on three key amendment Bills

A meeting of the Parliamentary Joint Committee examining The Constitution (One Hundred and Thirtieth Amendment) Bill, 2025, The Jammu & Kashmir Reorganisation (Amendment) Bill, 2025, and The Government of Union Territories (Amendment) Bill,30 pm on Wednesday in Parliament House Annexe…

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AI driving credit risk, may threaten jobs and tax revenues in developed economies: Fitch

Artificial intelligence (AI) and heavy digital infrastructure spending are emerging as key global credit risks, with AI expected to boost efficiency but also threaten jobs and tax revenues, particularly in developed economies, says Fitch Ratings.

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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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