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Big GST cheer for common man! Two-slab tax structure to replace 5-28% rates; Finance ministry shares important details

Prime Minister Modi announced upcoming GST reforms aimed at easing the burden on citizens, farmers, and MSMEs. The proposed changes include a simplified two-slab structure and rate rationalization. These reforms focus on structural improvements, rate adjustments, and enhancing the ease…

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India Inc. hails PM Modi’s call to empower youth, bolster MSMEs

The country’s apex business chamber, the Confederation of Indian industry (CII), on Friday hailed Prime Minister Narendra Modi’s Independence Day call for empowering India’s youth, strengthening MSMEs and accelerating the ‘Atmanirbhar Bharat’ mission.

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FinMin proposes 2-tier GST structure, special rates on select items; Council meet likely in Sept

The finance ministry has proposed a two-slab GST rate structure to the GoM, aiming to reduce the tax burden on daily-use items. This “next generation” GST reform seeks to simplify the tax system with standard and merit rates, along with…

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Independence Day 2025: PM Modi Promises “Double Diwali” for India Inc with Next-Gen GST Reforms, Flags Atmanirbhar Bharat Push

​​In an apparent reference to Trump-era tariffs, Modi underscored India’s stand on safeguarding farmers’ interests in international trade. “India will not compromise on the interests of our farmers. We will not accept any policy that harms them.”

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Bisleri will always remain a privately-held firm, says VC Jayanti Chauhan

Jayanti Chauhan, vice-chairperson of Bisleri International, affirms the company will remain private, dismissing any IPO or stake sale. Bisleri is set to ramp up investments in manufacturing, distribution, and product development, allocating ₹600 crore this year. Chauhan also urges government…

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No pause on Russian oil imports, India continues imports based on economic rationale

While discounts had previously reached as high as $40 per barrel, they have narrowed to just $ 1.5 late last month, resulting in reduced offtake. Discounts have since widened to about $2.70.

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  • Micron jumps 18%, surpasses Meta: Here's what is driving the rally and how Indians can invest

    Micron Technology surpassed Meta Platforms' market valuation and briefly exceeded Tesla's, following a strong forecast that boosted shares by 18.4%. With a market cap of $1.398 trillion, demand for AI-related hardware has led investors to favor Micron among trillion-dollar chipmakers.

  • Multi-cap vs flexi-cap funds: Why multi-cap funds are outperforming across 1, 3 and 5 years

    Multi-cap funds have outperformed flexi-cap funds across the 1-, 3-, and 5-year periods, reviving a long-standing debate over whether mandated diversification across market capitalisations is superior to manager-driven flexibility.

  • I asked ChatGPT which financial mistakes people in their 40s regret the most, and it gave me a lot to think

    Many professionals in their 40s discover that their biggest financial mistakes were not bad investments, but delayed decisions. By this stage, income is often at its peak, but competing obligations can make it easy to feel wealthy even as you fall behind on long-term goals.

  • Should you switch SIPs to last year’s top-performing fund? This study has the answer

    Investors who switch based on the previous year's performance may end up buying into a segment after much of its rally has already occurred. For long-term SIP investors, consistency and discipline may prove more effective than repeatedly chasing the latest market winner.

  • UTI Nifty 50 Index Fund vs ICICI Prudential Large Cap Fund: A quick comparison of passive and active investing styles

    UTI Nifty 50 Index Fund passively tracks the Nifty 50 Index, whereas the ICICI Prudential Large Cap Fund is actively managed with the objective of outperforming its benchmark through stock selection. 

  • Energy mutual funds: Meaning, top 5 funds, key factors, advantages and risks explained

    Energy funds are thematic equity schemes that invest primarily in companies in the energy sector. These funds invest in oil & gas exploration, refining, power generation and distribution, coal mining, renewable energy, energy equipment, and financing companies. 

  • I asked ChatGPT to plan a semi-luxury trip to Azerbaijan for 2 — It gave a modest ₹60K budget without flights

    For good weather plus softer luxury pricing, aim for April, May, September, or early October. 

  • Lost money to cyber fraud? RBI's new rules offer compensation of up to ₹25,000

    Customers who lose money in digital banking frauds will get stronger protection under the RBI's revised framework from January 2027. The new rules shift the burden of proof to banks, introduce compensation for small-value frauds and impose stricter complaint-resolution timelines.

  • Mis-sold a product from your bank? RBI's new framework seeks to fix that

    The RBI's new framework bars banks from forcing customers into insurance purchases, links employee incentives to product mis-selling, and mandates explicit consent and full refunds for violations. 

  • ₹1,800 monthly EPF contributions can build nearly ₹19 lakh retirement corpus — here's how

    A small EPF contribution can create significant retirement wealth over time. Investing ₹1,800 monthly in EPF for 25 years at an 8.25% interest rate can grow into a corpus of nearly ₹19 lakh through compounding. Here's how.

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