HDFC Mutual Fund limits subscription in its gold ETF and FoF. What this means for investors?HDFC Mutual Fund has temporarily restricted large lump-sum investments in its Gold ETF and Gold ETF Fund of Fund amid surging gold prices a...
Maximum 39% marginal rate of income tax applicable for these individuals in Tax Year 2026-2027Individuals and certain entities will face a maximum 39% income tax rate under the new tax regime for Tax Year 2026-2027. This Maximum Marg...
Mutual Fund PMS vs direct mutual funds: Why the smarter option may not be the more expensive oneIf you’re considering mutual fund portfolio management services (MF-PMS), ask three questions. First, can the manager show post-fee returns...
Why investors are ready to play in global equity leagueIndian investors are increasingly looking overseas as global markets outperform domestic equities, driven by themes like AI. While internat...
Gold and silver ETFs rally up to 15% after government raises import duty. What should investors do?Gold and silver ETFs rallied on Wednesday after prices of the precious metals surged on the Multi Commodity Exchange of India, following go...
India raises gold, silver import duty to 15% to curb imports, support rupee amid West Asia crisisGold, silver import duty hike: India has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respec...
NMDC hikes iron ore prices by Rs 200 tonneState-owned NMDC has raised iron ore lump and fines prices by Rs 200 per tonne, effective immediately. Baila lump ore is now priced at Rs 5...
Coal India Q4 Results: Profit rises 12% to Rs 10,908 crore; co declares Rs 5.25 dividendCoal India reported a 12% rise in Q4 profit driven by better realizations and higher income, despite cost pressures. Margins improved, thou...
Delhi government to introduce smart cards, cess portal to benefit construction workersDelhi government is introducing chip-enabled smart cards for construction workers. This initiative will streamline registration and welfare...
Meal vouchers at Rs 200 per meal: Who gets income tax benefit and how the ‘working hours’ rule appliesThe increase in the tax-exempt limit for employer-provided meals to ₹200 per meal under Rule 15 of the Income-Tax Rules, 2026 marks a signi...
CAG flags Rs 3.69 lakh crore cess transfer shortfall; RJD MP demands accountability in Rajya SabhaA Rajya Sabha member has highlighted a major issue with central government cess collections. A CAG report reveals a Rs 3.69 lakh crore shor...
Himachal to levy orphan and widow cess on petrol and diesel, CM tables bill in AssemblyHimachal Pradesh is on the brink of implementing a groundbreaking cess on fuel, particularly petrol and diesel, designed to provide crucial...
No cause for concern over sufficiency of GST cess fund: Finance MinistryThe finance ministry assures there is no concern regarding the sufficiency of the GST compensation cess fund. It is on track to meet all ob...
Gujarat awaits Rs 8,400 cr GST compensation from CentreGST compensation is usually cleared by the Centre from its cess fund.
Government mopped up 80 percent more from fuel cess in 2020-21 than it estimatedAccording to the budget documents, the receipts on this account increased to nearly Rs 2.3 lakh crore in the revised estimates compared to ...
Temporary retention of GST compensation in the Consolidated Fund isn't diversion: FinMin Sources"In all earnest there has been no diversion of funds... the time taken in reconciliation of compensation receipts can’t be termed as divers...
Centre used GST funds elsewhere, violated the law: Comptroller Auditor General“Audit examination of information in Statements 8, 9 and 13 with regard to collection of the cess and its transfer to the GST Compensation ...