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Why India Inc CFOs need to become new chief business and future officers

Chief Financial Officers in India are adapting to a more strategic role. They are becoming co-pilots to CEOs, driving transformation and tracking numbers. Adaptability and business leadership are key traits for the new-age CFO. They are uniquely positioned to contribute…

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Govt tracks GST rate cut benefits, field reports due by September end

The central government is checking if companies are giving Goods and Services Tax benefits to buyers. Field reports will decide enforcement after September. Over 50 products are under review. Tax cuts reflect in almost 90 per cent of sectors. An…

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GST 2.0 for hotels: Complex realities for businesses demanding smart strategies

India’s hospitality sector is poised for growth with reduced GST rates on hotel accommodations up to Rs 7,500, effective September 2025. While consumers benefit from lower taxes, hotels face challenges due to the denial of Input Tax Credit, requiring careful…

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India’s duty-free liquor sales outpace domestic market with 13% growth in 2024

Liquor sales at Indian airports are booming. Duty-free and travel retail saw 13% growth, outpacing domestic beverage sector. Whisky dominates, growing 12%. Passenger numbers are expected to rise. Global travel retail is vital for drinks companies. India’s middle class and…

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‘Double standards evident’: EAM Jaishankar takes a shot at US over Russian oil; sends big message on terror

S Jaishankar addressed the G20 Foreign Ministers’ meeting, criticizing double standards in energy purchases, particularly regarding Russian oil, and emphasizing the need for dialogue and diplomacy to address global conflicts. He highlighted the impact of conflicts in Ukraine and Gaza…

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Vodafone Idea AGR dues case adjourned again; Supreme Court sets next hearing for October 6

The Supreme Court will hear Vodafone Idea’s plea against the Department of Telecommunications’ demand for additional adjusted gross revenue dues. The hearing is scheduled for October 6. Vodafone Idea is challenging the demand of ₹9,450 crore. The company seeks to…

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  • EPFO interest credit begins: How members can check if the amount is credited to their accounts

    EPFO members can see their annual interest of 8.25% for FY2025-26 in their accounts starting July 15. Here's how you can check your PF balance online.

  • Property registry alone doesn't prove ownership: Here's what else homebuyers need to do

    Purchasing and registering a property does not guarantee legal ownership. Validity relies on the entire title chain and documentation. Mutation, while important for records, does not affect ownership rights, experts said. 

  • Trump's accounts sold Micron, bought Nvidia: Expert warns, ‘Don't mistake it for a strategy’

    Donald Trump's investment accounts, managed by third parties, have executed over 6,100 stock trades in 2023. Notably, they sold Micron shares while acquiring Nvidia stock, highlighting a contradiction between Trump's public praise for Micron and his accounts' trading decisions.

  • Warren Buffett says Alphabet bet was his call, admits ‘I made a mistake…’ | Why Berkshire is betting billions now?

    Warren Buffett confirmed his decision to build Berkshire Hathaway's substantial stake in Alphabet, stating he acted independently of CEO Greg Abel. 

  • EPFO alert: Why updating your profile photo is crucial for e-nominations and PF claims

    EPFO members are urged to upload a recent profile photo on the Unified Member Portal to complete e-nominations and online claims. Here's why it matters and how to do it.

  • Gifting stocks to your spouse, child or friend? Check how the tax rules differ in three scenarios

    Gifting stocks can trigger tax implications depending on the relationship between the donor and recipient. Transfers to close relatives are often tax-exempt, while gifts to others exceeding ₹50,000 are taxable. 

  • How can families preserve art, jewellery and heirlooms for future generations?

    A trust can help families preserve art, jewellery and heirlooms across generations by setting clear rules on ownership, access, conservation, display, monetization and succession.

  • Monsoon is here: Why you're paying out of pocket for sudden illnesses despite having health insurance

    Health insurance covers major hospitalisation costs, but many medical expenses, such as doctor consultations and medicines, are often paid out of pocket. Experts say financial preparedness and understanding policy coverage can help families avoid unexpected healthcare costs.

  • SIP returns disappointing? Here's when to stay invested and when to switch funds

    Negative or muted SIP returns in the initial years are not uncommon, especially for equity mutual funds. Experts say investors should judge a fund over a full market cycle and switch only if there are signs of structural issues.

  • NRI tax filing: Moved abroad? Here's when you still need to file an ITR in India

    Moving abroad does not end your tax obligations in India. From excess TDS and capital losses to property sales and future tax planning, here's when NRIs should file an ITR.

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