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Real-time tax data to sharpen state GDP estimates under new methodology: MoSPI

India is set to enhance economic growth estimation for states. Real-time Goods and Services Tax Network data will provide more accurate Gross State Domestic Product figures. Capacity-building workshops will aid states. A new Gross Domestic Product series releases February 27,…

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Will the Income Tax Department be able to access your social media and emails from April 1, 2026?

A viral social media claim that the Income Tax Department will access private digital accounts from April 1, 2026, to curb tax evasion has been debunked by the PIB Fact Check team. The department’s powers are strictly limited to search…

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Private banks lead lending rate cuts, PSBs outpace on deposits: RBI

Private sector banks showed quicker transmission of policy rate cuts on both fresh and outstanding rupee loans, whereas public sector banks adjusted fresh term deposit rates more rapidly, reflecting faster liability-side responsiveness.

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Will the rupee cross 100 against the USD in 2026? CFOs, economic experts weigh in

Economists believe India’s strong macroeconomic fundamentals — record-low inflation, low interest rates, and a rising GDP growth rate — are the perfect catalysts for the rupee’s comeback in 2026 provided capital inflows improve.

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Kajaria Ceramics fires CFO over ₹20 crore fraud at subsidiary; investigation underway

Kajaria Ceramics has terminated its Chief Financial Officer from Kajaria Bathware amid allegations surrounding a ₹20 crore fraud scheme. The funds were reportedly embezzled over the past two years from Kerovit Global. Following the discovery, the company has lodged a…

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US visa curbs, AI surge shape cautious outlook for Indian IT in 2026

India’s USD 280 billion IT sector faces 2026 with AI focus and growing global capability centers. Visa hurdles and trade worries are present. Companies are boosting local hiring and offshore delivery. Multinational firms are expanding in India to manage risks.…

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  • Sold property but did not file ITR? ITAT gives taxpayer another chance to contest ₹90.09 lakh income tax penalty

    A property seller facing a ₹90.09 lakh income tax penalty after failing to file an ITR has received another chance to appeal. The ITAT condoned the delay and ordered fresh consideration, but did not cancel the penalty or decide the tax dispute.

  • Will RBI’s new measures to support rupee affect overseas investments? Experts explain

    The rupee surged 93 paise after the RBI tightened forex rules to curb dollar speculation. Experts explain how the measures could affect returns on US stocks, international mutual funds and ETFs, and what Indian investors should know about currency risk and overseas investments.

  • Earning ₹50,000, ₹1 lakh or ₹2 lakh a month? Here's how much you could save in 10 years

    A consistent monthly investment can help salaried individuals build wealth over 10 years. For those earning ₹50,000, ₹1 lakh or ₹2 lakh a month, the potential corpus depends on how much they invest, the returns they earn and how inflation affects the future purchasing power of their savings.

  • Buying gold this festive season? Check tax rules on cash purchases, PAN requirement and limit on holding gold at home

    Festive gold buying is common in India, but cash purchases and tax compliance rules apply. Here's all you need to know before purchasing ornaments and jewellery this Dhanteras. 

  • When should you switch your financial advisor? 5 warning signs investors should watch for

    A financial advisor should help investors meet their changing financial goals, not simply push new products. Here are five warning signs to watch for, from poor portfolio reviews and unclear recommendations to hidden costs and lack of transparency.

  • Nominee vs legal heir: Who gets your bank fixed deposits, PPF and mutual funds if you die without a will?

    A nominee helps banks and financial institutions settle investments after an account holder’s death. But what determines the final ownership of the assets? Full details here. 

  • Are you 30, 40 or 50? Here's how much retirement savings you may need at your age

    Retirement planning must account for inflation and decades of expenses after regular income stops. With 7% annual inflation, someone spending ₹50,000 a month today could need a retirement corpus of ₹2.20 crore to ₹11.95 crore by age 60, depending on their current age and years until retirement.

  • Gold vs equity vs real estate: How much would ₹1 lakh invested 20 years ago be worth today? Gold leads the pack

    FundsIndia’s October 2026 report compares 20-year returns across asset classes. ₹1 lakh invested in gold grew to ₹14.6 lakh, compared with ₹8 lakh in Indian equities, ₹4.3 lakh in debt and ₹4.2 lakh in real estate, highlighting gold’s stronger performance over the period.

  • Paying rent to parents? HRA exemption rules, documents required and tax savings explained

    The HRA provisions focus on whether the employee pays rent for accommodation actually occupied and whether the employee owns the property for which the exemption is claimed

  • UPI MDR: From 0.40% to 0.08% what IIT Bombay report has proposed and why it wants new fee structure, explained

    The revised MDR fee framework for UPI transactions could burden consumers through higher retail prices, even as merchants are barred from directly passing on the charges, an IIT Bombay report has warned, calling for changes to the proposed model.

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