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India’s 2026 tax calendar ushers in a crucial wave of compliance deadlines amid transitional law shift

Taxpayers in India face a busy end to 2026 with key filing, payment and reporting deadlines, as the transition to the new Income-tax Act framework introduces new requirements and considerations for the assessment year 2026-27. India’s tax calendar remains busy…

  • apxadmin
  • August 16, 2026
  • Personal Finance & Wealth

Redefining wealth: beyond possessions towards a life of purpose and freedom

A broader perspective on prosperity highlights the importance of purpose, relationships, health, and time over material possessions, emphasising that true wealth enables a life worth living. Money is often treated as the destination, but that is a narrow way to…

  • apxadmin
  • August 16, 2026
  • Personal Finance & Wealth

Small finance banks in India offer significantly higher fixed deposit rates, but for whom does the extra yield outweigh the risks?

While small finance banks in India are offering up to 9% on fixed deposits, savers must weigh higher returns against safety, tenure, and deposit insurance limits in a competitive market where large banks lag behind in interest rates. A comparison…

  • apxadmin
  • August 16, 2026
  • Economy, Policy and Business

Maharashtra faces execution challenge as it scales up clean energy ambitions

Maharashtra’s ambitious plan to transform its power sector with record-breaking renewable capacity faces hurdles in financing, land acquisition and regulatory reforms, risking delays in India’s clean energy push. Maharashtra is betting that its next phase of growth will be shaped…

  • apxadmin
  • August 16, 2026
  • Economy, Policy and Business

India cracks down on large-scale areca nut duty-evasion network using fraudulent origin claims

The Directorate of Revenue Intelligence has unearthed a significant duty fraud involving areca nuts falsely claimed to originate from Bangladesh, revealing a complex scam with potential losses exceeding Rs 2,500 crore and highlighting intensified customs scrutiny on misdeclared agricultural imports.…

  • apxadmin
  • August 16, 2026
  • Economy, Policy and Business

Indian corporate sector defies margin pressures with robust sales growth in Q1 FY27

India’s listed companies began the financial year with strong sales gains across sectors, driven by resilient domestic demand despite rising costs, signalling a robust outlook for the economy. India’s listed corporate sector delivered a solid start to the financial year,…

  • apxadmin
  • August 16, 2026
  • Tax, Laws & Money Explained

India introduces limited amnesty scheme for small foreign asset disclosures

India has launched a new disclosure window offering small taxpayers a limited amnesty period to regularise undeclared overseas assets, aiming to boost compliance and reduce penalties under the country’s black money law. India has opened a new disclosure window for…

  • apxadmin
  • August 16, 2026
  • Personal Finance & Wealth

Taiwanese police warn of surge in Instagram scam targeting students with unauthorised mobile charges

Authorities in Taiwan issue warnings about a rising Instagram scam where fraudsters pose as friends to steal phone verification codes, leading to unauthorised charges on mobile bills, predominantly affecting students. Taiwanese police are warning students and parents about a fast-growing…

  • apxadmin
  • August 16, 2026
  • Economy, Policy and Business

OpenAI’s pursuit of billions in revenue amid staggering losses raises questions about AI economic sustainability

OpenAI projects up to $14 billion in losses by 2026 despite aiming for $100 billion annual revenue by 2029, as the industry grapples with unsustainable costs and subsidised growth strategies. The cheapness of modern AI subscriptions can make the economics…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

Indian stocks face heightened volatility as US Fed signals and Iran tensions drive cautious trading

Indian markets are expected to remain volatile next week amid global uncertainties, with investors closely watching Federal Reserve minutes, geopolitical tensions, and rising crude oil prices that could impact inflation, the rupee, and corporate earnings. Indian equities are likely to…

  • apxadmin
  • August 16, 2026
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