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JioFinance Rs 24 Tax Filing Sparks Accuracy, Data Privacy Concerns; Experts See CA Shift and Cross-Selling Business Model

JioFinance’s Rs 24 digital tax filing module is stirring a storm in India’s tax ecosystem, putting spotlight over filing accuracy, data privacy risks, and the future role of Chartered Accountants. While touted as a convenience for millions, experts say it…

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Billionaire Uday Kotak calls for urgent support to help India withstand US tariff shock

Uday Kotak urges Modi’s government to bolster SMEs with fiscal support amidst US tariff concerns, viewing it as an opportunity for economic transformation. He emphasises India’s strong macroeconomic fundamentals but warns against complacency, advocating for enhanced productivity and global competitiveness…

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GST reforms to boost stock markets; Nifty50 could reach 28,000 by September 2026: Report

Emkay Research anticipates significant stock market growth, projecting the Nifty 50 to reach 28,000 by September 2026, driven by the government’s GST rationalisation initiative. This reform is expected to boost economic growth, enhance competitiveness, and accelerate the formalisation of the…

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Apple ramps up India footprint with new office and store deals

Apple Inc. is significantly expanding its footprint in India, leasing nearly a million square feet of prime real estate in Mumbai and Bengaluru since 2023. This expansion includes large office spaces and retail stores, highlighting India’s growing importance for Apple.…

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Karnataka HC upholds CID charge sheet against SBI and PNB executives in Rs 78.5 crore fraud case

The Karnataka High Court has upheld a charge sheet against SBI and PNB executives in a ₹78.5 crore fraud case involving Metal Closures Pvt. Ltd. The court dismissed petitions from bank officials, finding no merit in their claims under the…

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Akasa Air completes strategic investment transactions, welcomes new partners

Akasa Air finalized strategic investments from Premji Invest, 360 ONE Asset, and Claypond Capital, along with additional funds from the Jhunjhunwala family. These investments will fuel Akasa Air’s expansion plans, enhance customer experience, and invest in advanced technology, aiming to…

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News

  • The debt-free trap: Why shunning all forms of credit can actually stunt your financial growth

    Before you vow to never borrow another rupee, here is a realistic look at how to make debt work for you—not against you.

  • Ex-Microsoft employee walked away from ₹1.9 crore salary, shares challenges of starting over

    Christian Harms, a former Microsoft employee, has opened up about leaving a corporate job that paid $200,000 (approximately ₹1.9 crore) a year in Switzerland to start over in Australia.

  • Dearness Allowance: Increase in basic salary component, 3-4% hike expected — Why is DA important?

    Dearness Allowance (DA) is a percentage of salary for central government employees and pensioners to offset inflation. Updated bi-annually, it rose from 58% to 60% in January 2026, benefiting 50 lakh employees and 65 lakh pensioners. Future hikes depend on AICPI data and government approval.

  • Can ₹50 lakh grow into ₹5 crore through mutual funds? Here's what a 15-year investment could deliver

    Meeting such a high-value financial goal requires careful planning, patience and the right investment strategy.

  • ITR filing 2026: Beyond Form 16 — avoid these costly income tax compliance mistakes

    Salaried workers who have switched employers, selected a suboptimal tax regime, claimed unsupported deductions, or omitted capital gains face heightened financial risks.

  • ₹10,000 SIP to ₹30 lakh: These large & midcap mutual funds led 10-year returns

    A ₹10,000 monthly SIP would have grown to over ₹30 lakh in these four large & midcap funds. Check the top-performing schemes and how they stack up over shorter investment horizons.

  • Foreign assets are coming soon in AIS: Compliance is about to become harder to ignore

    Information on foreign assets will increasingly show up in taxpayers' AIS, but the absence of an asset from the statement does not erase the legal obligation to disclose it.

  • EPFO interest credit: Here's how to check your EPF balance, e-passbook using portal, Umang app, SMS — Stepwise guide

    Labour Minister Mansukh Mandaviya said the EPFO has processed interest on provident funds of 34 crore members for FY26. Interest earned on EPF contributions is tax-exempt up to ₹1.5 lakh under Section 80C under the old tax regime.

  • RBI fixes SGB 2019-20 Series II redemption price at ₹14,199. Should investors redeem now?

    The Reserve Bank of India has fixed the premature redemption price for Sovereign Gold Bond 2019-20 Series II at ₹14,199 per gram. Investors who bought the bonds in 2019 have earned more than 300% in capital appreciation, but tax implications should also be factored into the decision.

  • What is a home loan top-up and when should you consider it?

    A home loan top-up can offer cheaper credit than a personal loan—but only if you understand the costs, eligibility rules and hidden pitfalls.

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