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Staffing industry urges finance ministry to lower GST slab to 5%

The Indian Staffing Federation (ISF) has appealed to the finance ministry to lower the GST rate on employment services from 18% to 5%. ISF argues that this reduction would boost formal job creation, enhance the staffing industry’s competitiveness, and align…

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Private investments flat, but pickup in demand seen: CII Chief Rajiv Memani

Rajiv Memani of CII reports that private investment remained stable recently. However, a revival is expected due to increased demand and lower interest rates. New projects worth Rupees 3.5 lakh crore were announced in the June quarter. CII suggests GST…

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Reviewing CCI order, will take appropriate legal recourse: Asian Paints

Asian Paints faces a CCI investigation for allegedly abusing its dominant market position following a complaint by Grasim Industries, which recently entered the paint sector with Birla Opus. The CCI suspects Asian Paints of exclusionary practices, potentially violating competition laws…

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Marico, Godrej Consumer, Dabur say sequential recovery in Q1; maintain caution on commodity inflation

Urban and rural demands improved during April-June 2025. Easing inflation and good monsoons helped. Summer rains impacted seasonal product sales. Some inflation concerns remain. Marico saw multi-quarter high volume growth. Godrej expects double-digit revenue growth. Dabur anticipates low single-digit revenue…

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India will soon become third largest economy in the world: PM Modi

“The fruits of India’s growth and progress are reaching the most needy,” he added while stressing that India’s growth and development is reaping benefits for the poor and the underprivileged through welfare schemes launched by the Central and state governments.

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India is institutionalizing outcome-based financing for skilling: Jayant Chaudhary

Speaking at a panel discussion in the fourth international conference on Financing for Development (FfD4) in Seville, Spain, Jayant Chaudhary, minister of state (independent charge) for the ministry of skill development and entrepreneurship said models like the Skill Impact Bond…

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  • How this doctor earning ₹1.51 crore annually amassed investments worth ₹11.32 crore

    Despite earning a modest salary during training, Chan has built an investment portfolio worth around $1.2 million across brokerage, savings and retirement accounts..

  • Gifted money to your wife and she invested it in FD, gold or shares? The income may still be taxable in your hands

    While transferring funds to a spouse may seem advantageous for tax savings, income could be subject to clubbing under Section 64, making it your taxable income. Details here.

  • Bought a flat but possession was delayed? Here's what Supreme Court ruled on Delhi homebuyer's case

    In a recent case, the Supreme Court ruled that homebuyers can claim compensation for delayed possession of their apartments, even after taking possession. Details here.

  • ITR filing 2026: Who pays a taxpayer's tax dues after death? Do they have to pay from their own pocket?

    After a taxpayer's death, their legal heirs or legal representative is responsible for filing ITR on their behalf. Legal heirs are not liable for a deceased taxpayer's tax dues beyond inherited asset value.

  • Missed declaring FD income last year? Here's how you can rectify it and what happens if you ignore it

    Fixed deposits offer safe, assured returns but are taxable under income tax laws. Taxpayers who missed declaring FD interest can file an updated return (ITR-U) within four years, allowing for corrections with varying additional tax penalties based on the filing time. Details here.

  • Power of compounding: Become crorepati with ₹12,500/month PPF contribution—Here's how you can build ₹6.75 crore corpus

    Investment planning should align with current finances, risk tolerance, and future goals. The Public Provident Fund (PPF) offers a safe, low-risk option for long-term savings, providing tax benefits and guaranteed returns, making it an ideal choice for wealth building.

  • AMFI seeks review of decade-old $7 billion overseas MF investment cap

    AMFI plans to again approach RBI, Sebi and the government to raise the decade-old overseas investment cap for mutual funds. The industry says a higher limit will give investors greater access to global markets.

  • Buy Nvidia at 2 am on a Sunday? How Indians can own tokenised US stocks and how they differ from traditional trading

    Nvidia's stock surged over 1,000% since the ChatGPT release, becoming the world's most valuable company. Investors are now eyeing other AI chipmakers like Micron and Sandisk, while tokenized stocks offer a new way to invest in these companies.

  • Bitcoin crash far from over? Experts see another 30% downside to $42,000 | Buy, sell or hold?

    Bitcoin futures dropped to $58,995 on Thursday, over 50% below last year's peak, with predictions indicating a further decline to around $42,000-$44,000 by year-end. Profit booking across assets and rising AI investments contribute to selling pressure amid a strong U.S. Dollar Index.

  • Income-tax returns: How much rebate can you claim under Section 87A? Eligibility and rules explained

    Income-tax returns: Filing your ITR for AY27 / FY26, here's how much rebate you can claim under Section 87A of the I-T Act. We explain the eligibility criteria, tax regime details and rules for taxpayers.

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