The Reserve Bank of India has proposed to make external benchmark-linked interest rates optional for non-banking finance companies, marking a significant shift towards flexible loan-pricing standards aimed at improving monetary transmission and consumer protection. The Reserve Bank of India has…
India’s markets regulator, SEBI, reports that the initial discrepancies observed after the launch of the new Closing Auction Session on August 3 are narrowing, as the system stabilises and feedback is incorporated, aiming to enhance transparency and price discovery in…
India’s new Employees’ Provident Funds Scheme 2026 introduces clearer withdrawal categories, voluntary higher contributions, and extended eligibility, signalling a shift towards more flexible retirement savings management. India’s retirement savings rules have been recast under the Employees’ Provident Funds Scheme, 2026,…
India’s DGFT has eliminated the need for physical duty payment challans for Export Obligation Discharge Certificates, streamlining export compliance through a new electronic system aimed at faster processing and reduced paperwork. India’s Directorate General of Foreign Trade has dropped the…
The Reserve Bank of India has outlined plans for a comprehensive overhaul of how lenders determine and reset interest rates, aiming for greater consistency and transparency across banks and financial institutions. The Reserve Bank of India has proposed a sweeping…
The Bombay High Court has clarified that submitting the audit report electronically on time is enough to meet procedural requirements for R&D tax deductions, even if the department disputes internal records of delay. The Bombay High Court has held that…
India’s top audit body has highlighted widespread GST violations totaling Rs 401 crore in the works contract and construction sector, exposing systemic enforcement weaknesses and audit challenges across multiple states and departments. India’s top audit body has flagged widespread GST…
India has amended tax laws to make dividend payouts from REITs and InvITs tax-free across the board, aiming to attract more investors, although some complexities remain. Parliament’s latest tax amendment takes aim at one of the more awkward corners of…
Balanced hybrid mutual funds, with their defined equity-debt mix, are gaining traction as a suitable investment option for moderate-risk investors, amidst changes in the regulatory framework and market dynamics. Balanced hybrid mutual funds are emerging as a middle path for…
India’s pension regulator has launched the NPS e-shramik, a new retirement savings option for gig and platform workers, allowing contributions from as little as Rs 99 and offering flexible, simplified enrolment through digital platforms. India’s pension regulator has opened a…
Navi Mutual Fund launches a playful campaign featuring humour and relatable scenes to make index fund investing less intimidating and more accessible for young investors in India, amid rising popularity and widespread misconceptions about passive investing. Navi Mutual Fund has…
With fixed returns backed by government guarantee, Post Office Time Deposits are becoming an attractive choice for conservative savers aiming to build a secure retirement corpus, especially with added tax benefits and predictable yields. For anyone building a retirement cushion,…
