India’s Unified Payments Interface continues to dominate the digital payments landscape, but its rapid expansion shows signs of slowdown amid discussions over introducing merchant charges for large transactions, signalling possible shifts in the country’s digital economy. India’s Unified Payments Interface…
Indian SaaS startups increasingly prioritise payment platforms that streamline compliance, recurring billing, and cross-border transactions, as alternatives to Stripe emerge with features tailored for local needs. For Indian SaaS founders, the problem with Stripe is less about whether it works…
With low costs, transparency, and ease of access, index funds are increasingly popular among Indian first-time investors, offering a straightforward route into equities as market options expand and diversify. Index funds have become an increasingly popular way for new investors…
India’s Rajya Sabha has approved a new legislation modernising the 1891 Bankers’ Books Evidence Act, enabling electronic and virtual records to be used as legal evidence, reflecting changes in the country’s financial ecosystem. India’s Upper House has approved legislation to…
Foreign firms establishing global capability centres in India often overlook hidden expenses like compliance, transfer pricing, and real estate, risking significant budget overruns amid a growing and more complex market landscape. Foreign companies setting up global capability centres in India…
India has rolled out Form 140, replacing Form 26Q, as part of a new quarterly TDS reporting regime for non-salary payments, aligning with the updated Income-tax Act, 2025, and enhancing compliance for deductors. India’s new quarterly TDS reporting regime for…
The Goods and Services Tax Network introduces a new email verification step for applicants returning via Temporary Reference Number, enhancing security and procedural compliance in GST registration processes. The Goods and Services Tax Network has tightened access to incomplete registration…
The Delhi Income Tax Appellate Tribunal has clarified that rejection of a charitable society’s registration under section 12AB cannot be based only on related-party loans, emphasising the importance of focussing on genuine charitable objectives and activities during registration. The Delhi…
Taxpayers receiving refunds after rebate claims under section 87A should understand that eligibility depends on how income is taxed and classified, not merely the gross total, with recent rules allowing refunds even when total income exceeds ₹12 lakh if certain…
India’s recent increase in import duties on gold, silver, and platinum has significantly impacted demand, with official data revealing a 6% decline in gold consumption and increased government revenue through customs, as authorities tighten import controls amid volatile global prices.…
The Reserve Bank of India’s decision to maintain the repo rate at 5.25% provides stability for homebuyers, developers, and investors, facilitating cautious growth in a volatile global environment. The Reserve Bank of India’s decision to leave the repo rate at…
HDFC Bank has lowered its marginal cost of funds-based lending rate (MCLR) across most tenures by 5 basis points, potentially easing borrowing costs for some clients from August 7, 2026. However, the impact on loans varies depending on the benchmark…
