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IMPACT ON TAXES
How control of Congress after the US midterm elections could affect your taxes and billsThe November 3, 2026, US midterm elections could influence how much Americans pay in taxes, health insurance premiums and other household e...- Japan’s $21 billion US chip bet raises questions over its own semiconductor revivalJapan will invest up to $21 billion to build two chip factories in New York state, under a deal announced last week by GlobalFoundries, whi...
- UltraTech Cement Q2 net profit up 21% in September quarterA near 14% year-on-year growth in grey cement volumes to 35.94 mt in the domestic market, though, helped UltraTech clock in a near 19% year...
- Hind Zinc eyes lower production costs after record Q2 profit, salesHindustan Zinc reported its highest-ever profit and sales for the September quarter and the first half of the fiscal year. The company expe...
- Yes Bank CET1 may fall to 10% if past AT1 coupons are paid: CrisilYes Bank faces a potential decline in core equity capital, projected to fall to around 10% due to accumulated coupon payments on AT1 bonds....
- Correcting rupee against fundamentals ultimately futile, says RBI's ex-guv SubbaraoD Subbarao advocates for allowing the rupee to find its level based on economic fundamentals. He criticizes costly short-term measures that...
- UAE VAT changes to increase costs and compliance burden for Indian businessesWhile the rules apply to all businesses operating in the UAE, Indian companies account for about 20-25% of total businesses, with over 265,...
- Private banks' margins fall as FCNR deposits raise funding costsIn the second quarter, leading private sector banks in India reported a drop in net interest margins. This decline was primarily caused by ...
- Global investors against use of judicial anti-avoidance rule by tax officialsInternational investors have raised concerns regarding the Indian Income-tax authorities' invocation of the judicial anti-avoidance rule. A...
- United Kingdom considers a new investor visa for wealthy foreigners ahead of the October budgetThe UK government is considering a new investor visa to attract wealthy individuals and support economic growth. Proposals include various ...
- YES Bank Q2 profit rises 65%; AT1 hit may risk 5,217 cr lossYES Bank's net profit increased by 65% to 1,080 crore in the second quarter, driven by higher income. However, factoring in a Supreme Court...
- Federal Bank Q2 profit jumps 45% to record Rs 1,386 croreFederal Bank posted record Q2 profit of Rs 1,386 crore, up 45% year-on-year, as net interest income climbed 26%. Advances grew 22% and depo...
- Global Market: China's wealthy rush to unwind offshore trusts as tax deadline loomsChina’s wealthy individuals are restructuring offshore trusts, selling investments and reassessing residency amid a new 20% tax on overseas...
- L&T Finance Q2 net profit rises 33% to Rs 975 croreL&T Finance reported a 33% increase in consolidated net profit for the quarter ending September 30, 2026. The company's consolidated loan b...
- US midterms 2026: Why AI data centres, power bills and water use are becoming local election issuesThe 2026 US midterm elections are on the horizon and data centers for artificial intelligence are becoming a big issue Voters are worried a...
- UPI MDR deferment gives D2C brands festive-season margin reliefThe new MDR framework on UPI was expected to impact D2C brands operating in low-margin categories such as consumer electronics, fashion and...
- Social Security COLA 2027: Could your bigger benefit mean a higher tax bill? What retirees should checkThe Social Security Administration announces the 2027 cost-of-living adjustment on Oct. 14. Most forecasts land between 3.2% and 3.6%. Fede...
- Rs 5 lakh crore worth FII outflows since 2024 capital gains tax hike wreak havoc on Dalal Street. Is a reversal on the cards?Foreign investors have sold over Rs 5 lakh crore of Indian equities since the 2024 capital gains tax hike, with outflows intensifying in 20...
- Man earns Rs 75 lakh by redeveloping property inherited from mother, pays no income tax, receives notice, wins case in ITAT DelhiProperty owner inherits mother’s land, converts it into freehold, DDA grants mutation, redevelops it, gets Rs 75 lakh from builder, pays no...
- Tata Elxsi Q2 Results: Profit rises 10% YoY to Rs 170 crore; revenue grows 15%Tata Elxsi reported a 10% year-on-year rise in net profit to Rs 170 crore in Q2, while revenue from operations grew 15% to Rs 1,056 crore. ...
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