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Jana SFB reports ₹169-crore gap in FY25 gross NPAsJana Small Finance Bank disclosed a ₹169 crore divergence in gross non-performing assets. The bank's reported GNPAs were lower than the Res...- 'Redevelopment agreement not a property receipt, so not taxable': ITATMumbai ITAT ruled agreement registration does not mean property receipt. Tax cannot be levied on future property rights under anti-abuse pr...
- Mahindra Finance Q1 Results: Profit jumps 75% to Rs 927 crore on higher interest margin, lower provisionsMahindra and Mahindra Financial Services has experienced a remarkable seventy-five percent surge in net profit, driven by enhanced net inte...
- SC quashes case against Standard Chartered Bank over violations of FERA provisionsThe Supreme Court quashed a 23-year-old criminal complaint against Standard Chartered Bank. This decision provided relief to the bank after...
- Bandhan Bank Q1 profit jumps 35% as provisions decline sharplyBandhan Bank reported a 35% rise in Q1 net profit to Rs 502 crore, driven by lower provisions despite weaker operating profit. Gross NPAs i...
- Karur Vysya Bank net profit surges 45% to Rs 756 crore in Q1, asset quality sees slight slipKarur Vysya Bank announced a significant 45% rise in first quarter net profit. This increase brought their earnings to ₹756 crore compared ...
- 7 big income tax changes for 2026-27 that may reduce penalties for small mistakesNew income tax rules aim to reduce penalties for ordinary citizens. Minor foreign asset non-disclosures will not face prosecution from Octo...
- ITR filing: How Bitcoin, NFTs, airdrops, gifted crypto, and overseas wallets are taxed in India and how to report themIndia's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...
- PNB shares jump 6% as Q1 profit soars 214%, beats Street estimates. What next?Punjab National Bank shares rose sharply on Monday after the PSU lender reported a 214% YoY jump in Q1FY27 net profit, beating Street estim...
- ED opens PMLA probe into foreign funds to NaxalsThe Enforcement Directorate has registered a money laundering case concerning foreign funds. Nearly ninety-five crore rupees in illegal for...
- Axis Bank standalone profit soars 23% in Q1Axis Bank on Saturday reported a 23% year-on-year increase in standalone quarterly net profit, aided by lower provisions, even as its pre-p...
- ICICI Bank net profit jumps 16% YoY to Rs 14,805 croreICICI Bank reported a 15.9% year-on-year rise in Q1 FY27 net profit to Rs 14,805 crore, driven by healthy growth in net interest income, st...
- Kotak Bank Q1 net rises 26% on loan growthKotak Mahindra Bank experienced a remarkable net profit surge of twenty-six percent in the June quarter. This impressive growth can be attr...
- India tightens Sri Lanka tax treaty with anti-abuse ruleIndia has amended its tax treaty with Sri Lanka to introduce a Principal Purpose Test (PPT), allowing authorities to deny treaty benefits w...
- Axis Bank Q1 Results: Net profit jumps 23% YoY to Rs 7,114 crore; NII up 8%Axis Bank Q1 Results: Axis Bank reported a 22.5% YoY rise in Q1 FY27 standalone net profit to Rs 7,114 crore, while net interest income inc...
- EPFO launches six-month 'VISHWAS 2026' scheme to settle employer penalty disputes, promote complianceThe Employees' Provident Fund Organisation (EPFO) has launched 'VISHWAS, 2026', a one-time dispute resolution scheme aimed at encouraging e...
- Parliamentary panel seeks Economic Affairs Secretary's clarifications on Securities Market Code BillThe Parliamentary Standing Committee on Finance called the Economic Affairs Secretary to seek clarifications on the proposed Securities Mar...
- British Airways cannot claim treaty relief on India ground handling income: ITATThe Income Tax Appellate Tribunal (ITAT) has ruled that British Airways cannot claim India-UK tax treaty protection on income from providin...
- 20 NDA-ruled states adopt Jan Vishwas reforms to decriminalise minor offencesIn a decisive shift since 2024, twenty NDA-led states have implemented the Jan Vishwas reforms, which aim to decriminalize trivial offenses...
- Maharashtra Motor Vehicle Aggregator Rules 2026 notified: From surge pricing to private carpooling to Rs 1 crore penalty, what changes for Ola, Uber, Rapido usersMaharashtra has notified new rules for app-based transport services, bringing aggregators under a uniform framework. These regulations mand...
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