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GST rate rejig to give Rs 1.98 lakh cr consumption boost, yearly revenue loss seen at Rs 85,000 cr: Report

GST reforms are on the horizon. These reforms may bring a two-tier tax structure. Household goods may see lower tax rates. An SBI Research Report suggests a revenue loss of Rs 85,000 crore annually. However, consumption may increase by Rs…

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Cabinet approves blanket ban on online money games; proposes 3 years jail, fine upto Rs 1 crore

The cabinet has approved a bill to ban online money gaming due to addiction and financial losses. The bill proposes penalties for violations and impacts companies like Dream11. It aims to curb cybercrime and money laundering. The government will promote…

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Trump imposed "sanctions on India" to end Russia-Ukraine war: White House

US White House Press Secretary Karoline Leavitt on Tuesday (local time) said that US President Donald Trump imposed tariffs on India to deter Russia from pursuing the Ukraine conflict. Trump has doubled India’s tariff to 50 per cent by imposing…

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India aims to capture 10% of global green hydrogen demand: MoS Shripad Naik

India is setting its sights on becoming a global hub for green hydrogen exports, with the government laying out an ambitious roadmap to capture a significant share of the emerging clean fuel market. At the FICCI Green Hydrogen Summit 2025…

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Centre to table Online Gaming Regulation Bill in Lok Sabha today

The central government will present the Online Gaming Bill 2025 in Lok Sabha. Ashwini Vaishnaw will introduce the bill. It focuses on regulating online gaming and e-sports. The bill aims to curb online money games and protect users. It seeks…

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India, China agree to resume direct flights, boost business links

India and China have agreed to resume direct flights and increase trade and investment to rebuild relations after a 2020 border clash. Discussions during Chinese Foreign Minister Wang Yi’s visit included troop pullback, border delimitation, and the establishment of a…

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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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