The Central Board of Direct Taxes maintains the September 30 deadline for tax audits for assessment year 2026-27, despite calls from professional bodies for an extension, highlighting the importance of early preparation to avoid penalties. The tax audit deadline for…
India’s Post Office recurring deposit scheme continues to be a popular low-risk savings option for middle-income households, offering predictable returns and flexible terms in a volatile economic environment. For salaried households and middle-income families looking for a low-risk way to…
Employers in Jammu, Kashmir and Ladakh are called to swiftly enhance social security coverage for workers and align payroll systems with recent regulatory updates, including a significant increase in the wage ceiling for mandatory coverage under the social security code.…
Zomato and Blinkit’s targeted effort has enabled more than 2 lakh delivery partners to claim significant refunds through simplified tax filing, promoting financial security and expanding access to formal credit channels amid evolving gig-worker regulations. Zomato and its quick-commerce arm…
Understanding the difference between UPI PIN and MPIN, and the steps to reset your PIN after incorrect entries, is crucial for maintaining security and access to India’s digital payment ecosystem. A UPI PIN is the short code that authorises payments…
The Institute of Chartered Accountants of India has launched SSA 5000, a new standard designed to harmonise Indian sustainability reporting with international norms, aiming to boost credibility and stakeholder confidence from April 2027. The Institute of Chartered Accountants of India…
India’s pension regulator has formalised the NPS Swasthya scheme, allowing subscribers to combine retirement savings with mandatory health coverage, including partial withdrawal options for medical expenses. India’s pension regulator has moved the NPS Swasthya scheme from concept to formal rules,…
As instant loan apps proliferate, borrowers are urged to verify lender legitimacy, scrutinise full costs, and carefully examine app permissions to avoid scams and hidden charges under new Indian regulations. Instant loan apps can look like a lifeline when money…
With the September 30 deadline approaching, businesses and trusts must navigate strict audit requirements, form specifications, and compliance procedures to avoid penalties, amid ongoing changes in tax reporting protocols. The September 30 tax audit deadline is still in force, with…
The Indian government has approved an increase in the wage threshold for Employees’ Provident Fund coverage from Rs 15,000 to Rs 25,000, expanding social protection to over 51 lakh additional workers and prompting potential adjustments in employer compensation strategies. The…
India’s pension regulator is intensifying efforts to promote the NPS Vatsalya scheme for minors, crossing 490,000 accounts. Recent revisions have further increased contributions and investment flexibility, aiming to boost long-term child savings amid new rules and awareness drives. India’s pension…
While Video KYC offers convenience for online bank account activation, ensuring clear documentation and stable connection is essential to prevent rejection and streamline the process. Opening a bank account online is usually faster than visiting a branch, but the final…
