Indian banks are enhancing their loan monitoring systems by integrating financial, operational, and behavioural indicators to identify stress early, aligning with RBI reforms to prevent NPAs and strengthen credit risk management. Early warning signals have become a central part of…
India’s parliamentary finance committee has recommended implementing a tiered merchant discount rate for large digital transactions, challenging the longstanding zero-charge model of the UPI system amid mounting infrastructure costs and policy debates. India’s parliamentary finance committee has urged the government…
New regulatory reforms in India clarify collective ownership and consumption rules for group captive solar projects, making them more bankable for industrial buyers seeking cost-effective green power. Group captive solar is emerging as a practical route for industrial buyers that…
Under India’s revised 2026 rules, the Employees’ Provident Fund Organisation’s provident fund now offers salaried workers a more adaptable source of emergency cash, with increased withdrawal options for job loss, housing, and other needs, alongside digital claim processes. For salaried…
Non-resident Indians can now participate in India’s National Pension System, with new rules allowing for digital account opening, flexible contribution options, and tailored investment choices, making it a viable long-term retirement vehicle for overseas Indians. Non-resident Indians can use India’s…
The Income Tax Department has introduced an online utility for ITR-7 filings for Assessment Year 2026-27, facilitating easier submissions for trusts, trusts and other exempt entities amidst the upcoming filing deadlines. The Income Tax Department has opened the online filing…
The latest MSCI India index review introduces four new entries and three deletions, likely prompting significant fund flows as global investors adjust their positions ahead of the September 1 rebalancing, with Laurus Labs and Lenskart Solutions among the top gainers.…
The Kerala High Court has clarified that taxpayers cannot be denied input tax credit solely due to a missed deadline for rectification, affirming the retrospective nature of statutory relief under Section 16(5) of the CGST Act. The Kerala High Court…
The recently enacted Section 137 of India’s Income Tax Act introduces stricter rules for political donations, emphasising traceability and excluding cash payments, with significant implications for taxpayers and political entities. Section 137 of India’s Income Tax Act, 2025 gives eligible…
Congress MP Gaurav Gogoi has urged India’s finance minister to simplify GST procedures, highlighting growing struggles for small traders facing frequent rule changes, legacy notices, and complex tax slabs, especially in rural areas. Gaurav Gogoi has urged India’s finance minister…
Assembling a comprehensive insurance record in advance can help Greek workers verify contributions, identify gaps, and prevent delays or errors in pension payments, amid ongoing digitisation efforts. For workers nearing retirement, the decisive step is often not filing the pension…
Retirees must be aware that seven types of income, including pension and fixed deposit interest, remain taxable post-retirement, impacting their financial planning and tax reporting.
