The Mumbai Income Tax Appellate Tribunal has confirmed that physically and legally merged adjoining flats can qualify as one residence for Section 54 relief, providing new guidance for property tax exemptions amid evolving legal standards. India’s income tax tribunal has…
Purple Style Labs prepares for its initial public offering, seeking to capitalise on a strategic shift towards higher-value customers amid continued losses and a focus on premiumisation in India’s luxury market. Purple Style Labs is set to open its initial…
Hindalco Industries is rapidly expanding its aluminium operations in Odisha as Adani Group announces a major ₹1.08 lakh crore greenfield project, escalating India’s metal rivalry with significant investments in downstream and renewable energy. Hindalco Industries is moving to shore up…
Regulators tighten oversight on overdraft fees, prompting banks to revisit policies as consumers face rising charges and lawmakers consider caps on fees and fee transparency initiatives. An overdraft lets a bank or credit union cover a payment when an account…
The Supreme Court will hear a petition this week challenging a tax exemption that permits political parties to receive anonymous cash donations below ₹2,000, potentially reshaping the landscape of political transparency in India. The Supreme Court is due to hear…
LendingTree reveals that nearly half of U.S. cardholders make only minimum payments, with younger borrowers especially vulnerable to prolonged debt cycles. Experts suggest strategic repayment methods to reduce costs and accelerate debt clearance. Carrying a credit card balance month after…
JPMorgan raises its S&P 500 year-end target to 8,000, citing strong earnings and renewed confidence in AI spending, as bullish forecasts accelerate for US equities through 2026 amid resilient technology sector growth. JPMorgan has lifted its year-end target for the…
India’s retirement fund body is upgrading its platform to enable faster, digital access to provident fund savings through UPI and ATMs, with increased withdrawal limits and simplified claims processing slated for rollout by June 2026. India’s retirement fund body is…
Australian seniors now have a range of financial tools, including reverse mortgages, government schemes, and equity reversion, to tap into their home equity for aged care costs, each with distinct implications for ownership and inheritance. For many older Australians, the…
A joint report by the CII and IIM Ahmedabad highlights the urgent need for India to develop a transparent, reliable carbon-pricing system to maintain export viability as EU climate regulations, including CBAM, come into force. India needs a credible domestic…
