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Nirmala Sitharaman chairs Chintan Shivir of Ministry of Finance, Corporate Affairs

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman, along with Union Minister of State for Corporate Affairs Harsh Malhotra, chaired the Chintan Shivir of the Ministry of Finance and the Ministry of Corporate Affairs, at Hampi in Vijayanagara district,…

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GST fraud: Four booked for setting up fake firms, claiming Rs 22.06 crore ITC

Police in Thane have registered a case against four individuals for allegedly creating fake GST-registered firms. These firms were used to claim input tax credit amounting to over Rs 22.06 crore. The accused prepared false documents to obtain GST registration…

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CFOs brace for compliance-heavy 2026 as DPDP, labour codes and ESG assurance kick in

CFOs are now budgeting and planning for the full-scale implementation of the Digital Personal Data Protection (DPDP) Act, the three New Labour Codes, the next phase of ESG assurance under SEBI’s BRSR Core framework, and the New Income Tax Bill,…

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NFRA tightens audit file rules, warns firms against delays and post-facto documentation

Audit regulator flags archival lapses, seeks faster and complete submission of records.

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‘Clear exit rules will encourage NPS participation’: Finance Ministry

New rules for the National Pension System offer more flexibility. Subscribers can now withdraw their entire pension wealth in a lump sum if it is ₹2 lakh or less. These changes aim to make the NPS more inclusive and responsive…

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Piramal Finance to exit Shriram Life Insurance Company

Piramal Finance is selling its 14.72% stake in Shriram Life Insurance to Sanlam Emerging Markets for ₹600 crore. This move aligns with Piramal’s strategy to exit non-core assets and reinvest in its lending business. The transaction is expected to close…

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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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