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Indian exporters can now receive overseas payments via simple payment links, bypassing traditional bank wires

Razorpay introduces a streamlined solution enabling Indian businesses to collect international payments using hosted links, enhancing speed, compliance, and professionalism amidst a shift towards digital collections. Indian businesses that sell services to clients overseas no longer need to rely on…

  • apxadmin
  • August 28, 2026
  • Personal Finance & Wealth

Karnataka Bank unveils flexible Capital Gains Account Scheme to aid tax planning

Karnataka Bank launches a new Capital Gains Account Scheme offering flexible options for taxpayers to preserve tax benefits while managing unutilised capital gains, aligning with evolving banking and tax regulations. Karnataka Bank has introduced the Capital Gains Account Scheme, widening…

  • apxadmin
  • August 28, 2026
  • Tax, Laws & Money Explained

Mumbai tribunal demands precise legal grounds before trust registration cancellations

The Mumbai bench of the Income Tax Appellate Tribunal rules that the tax authorities must specify the exact statutory violation before cancelling a charitable trust’s registration, reinforcing the need for clarity and fairness in tax proceedings amid ongoing disputes over…

  • apxadmin
  • August 28, 2026
  • Economy, Policy and Business

India’s engineering exports sustain rapid growth amid geopolitical uncertainties

India’s engineering goods exports surged 18% in July 2026, maintaining robust momentum despite regional tensions, with the US and China remaining key markets, though challenges loom on the horizon. India’s engineering goods exports rose 18% year on year to $12.24…

  • apxadmin
  • August 28, 2026
  • Markets & Investing

Yatharth Hospital shares surge amid speculative takeover talks by Aster DM and Advent International

Yatharth Hospital’s share price reached a new high following reports of potential acquisition interest from Aster DM and Advent International, sparking investor speculation amidst ongoing industry consolidation discussions. Yatharth Hospital shares jumped to a record on Friday after market reports…

  • apxadmin
  • August 28, 2026
  • Personal Finance & Wealth

HDFC Bank replaces Swiggy co-branded credit card with new tiers amid surge in grocery spending

HDFC Bank is phasing out its existing Swiggy co-branded credit card, introducing Swiggy ORNGE and Swiggy BLCK to cater to different spending habits, as grocery and food delivery transactions in India reach record highs. HDFC Bank is winding down its…

  • apxadmin
  • August 28, 2026
  • Fintech & Digital Money

India’s digital merchant payments soar 19.6% in July as UPI dominates record transactions

India’s digital merchant payments experienced a sharp 19.6% year-on-year increase in July, driven by record-breaking UPI transactions and rising credit card usage, signalling a deepening shift away from cash towards digital commerce. India’s digital merchant payments continued to expand sharply…

  • apxadmin
  • August 28, 2026
  • Tax, Laws & Money Explained

New procedures for legal heirs managing deceased taxpayer’s income tax affairs

Legal heirs must now navigate a more structured process to settle the income tax obligations of deceased taxpayers, including registering on the tax portal, handling notices, and protecting estate assets to avoid further liabilities. Death does not end a taxpayer’s…

  • apxadmin
  • August 28, 2026
  • Economy, Policy and Business

India ramps up domestic battery component manufacturing with Rs 13,000 crore push to cut Chinese reliance

India plans to invest up to Rs 13,000 crore in a new initiative to boost domestic production of critical battery components, aiming to reduce dependency on Chinese imports and accelerate self-reliance in the sector. India is preparing a fresh battery…

  • apxadmin
  • August 28, 2026
  • Tax, Laws & Money Explained

Pune ITAT Rules cooperative societies can claim Section 80P deductions in assessment-year 2015-16 without prior filing

The Pune Bench of the Income Tax Appellate Tribunal clarifies that cooperative societies can seek Section 80P deductions during assessment proceedings for 2015-16, reaffirming the prospective nature of the Section 80AC amendment introduced in 2018. The Pune Bench of the…

  • apxadmin
  • August 28, 2026
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