Waiver of recovery of excess amount paid to central government employees: Finance Ministry to examine proposal to simplify the processCentral government employees' union requested simpler recovery waivers for excess payments. The DoE secretary assured examination of these ...
07 Jul, 2026, 11.13 AM IST
HNIs turn to hybrid debt funds, SIFs for higher post-tax returnsRich investors are exploring niche mutual funds and specialized investment funds. These products offer higher returns and better tax effici...
07 Jul, 2026, 06.17 AM IST
Tamil Nadu spends too much; Bengal earns too little: A tale of two deficitsTamil Nadu and West Bengal ended 2023-24 with revenue deficits, but their fiscal challenges differ significantly. Tamil Nadu's deficit stem...
07 Jul, 2026, 12.42 AM IST
Taiwan turns shopping receipts into lottery tickets: Every receipt becomes a chance to win nearly Rs 3 cr; this 1951 idea increases tax revenue by 75%Taiwan's ingenious receipt lottery, launched in 1951, transformed tax collection by incentivizing consumers to demand official bills. This ...
06 Jul, 2026, 06.08 PM IST
Middle class, aspirational consumers to drive 93% of India's spending by 2036: SitharamanIndia's middle class is poised to fuel significant economic expansion, with 93% of all spending expected to originate from this segment by ...
05 Jul, 2026, 03.02 PM IST
India has Microsoft's market. Ireland has its profitsMicrosoft's inaugural public tax report reveals a stark disconnect between its global market presence and where profits are booked. While I...
03 Jul, 2026, 12.15 AM IST
Govt notifies new VB-G RAM-G rules, excess spending to be monitored to prevent misuseNew rules mandate strict monitoring of state spending on the rural employment scheme, VB-G RAM-G, exceeding central allocations. The scheme...
02 Jul, 2026, 10.32 PM IST
Centre notifies three sets of rules under VB-G RAM G ActNew rules under the Viksit Bharat- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act have been notified, guiding the transition from M...
02 Jul, 2026, 08.30 PM IST
EPF Scheme 2026 replaces EPF Scheme 1952: Have EPF interest rate, contribution and wage ceiling changed?EPF Scheme 2026: The Employees' Provident Funds Scheme, 2026, has replaced the 1952 version, bringing the EPF under the new Social Security...
02 Jul, 2026, 02.14 PM IST
Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take partParliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The com...
02 Jul, 2026, 09.24 AM IST
RBI floating rate bond : Has 8.05% interest rate changed? Here's what investors should knowThe Reserve Bank of India has maintained the Floating Rate Savings Bond interest rate at 8.05% following the Finance Ministry's decision to...
02 Jul, 2026, 09.20 AM IST
Rs 15,000 monthly investment for 20 years: NPS or mutual funds? Know which may leave you with a bigger retirement corpusRetirement planning often pits National Pension System (NPS) against equity mutual funds. While mutual funds offer flexibility and potentia...
01 Jul, 2026, 04.22 PM IST
Stock traders' alert: When income tax audit becomes mandatory for AY 2026-27Stock market traders, especially those involved in intraday and F&O trading without a registered business, need to understand tax audit rul...
01 Jul, 2026, 07.10 AM IST
Foreign investments in your portfolio? Follow this ITR checklist to avoid tax scrutinyResident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...
29 Jun, 2026, 11.22 AM IST
Tax, policy changes making equities more attractive for investors, likely to sustain inflows: JP MorganGovernment policies and tax reforms are making Indian equities a more attractive investment compared to other options, according to a JP Mo...
28 Jun, 2026, 01.40 PM IST
Will the ITR filing deadline for AY 2026-27 be extended? Here's what taxpayers need to knowTaxpayers can breathe easy as the Income Tax Return (ITR) filing deadline for AY 2026-27 is unlikely to be extended. Unlike last year's tec...
24 Jun, 2026, 05.05 PM IST
Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...
23 Jun, 2026, 11.30 AM IST