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EPFO restructures retirement savings system with faster digital claims and stricter withdrawal rules

The Employees’ Provident Fund Organisation has launched comprehensive reforms to make withdrawals faster and digital services more user-friendly, while tightening rules on accessing full balances, signalling a shift towards a more structured retirement system. The Employees’ Provident Fund Organisation has…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

India’s payments market shifts rapidly towards UPI QR codes and online card payments, leaving cash infrastructure behind

India’s payments landscape is experiencing a decisive shift towards digital, with UPI QR codes and online card transactions soaring, while traditional cash-based infrastructure declines, reshaping the country’s financial ecosystem. India’s payments landscape is tilting decisively towards software, with Unified Payments…

  • apxadmin
  • August 11, 2026
  • Tax, Laws & Money Explained

Simple cash-splitting system helps small businesses stay ahead of tax and GST payments

Implementing a straightforward system of allocating funds into separate accounts can offer small businesses clarity, reduce stress, and prevent cash-flow shocks by ensuring taxes and GST are set aside promptly and accurately. When business revenue lands in the bank, it…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

Bosch India profits fall 37% despite robust automotive demand amid restructuring and one-off gains

Bosch Limited reports a 37% drop in profit for the quarter, overshadowed by restructuring costs and a high base; however, automotive sales remain strong and strategic acquisitions signal ongoing growth in mobility and digital sectors. Bosch Limited’s latest quarterly results…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

BSE advances to Nifty 50, amid sector shifts and corporate restructuring

BSE will join the Nifty 50 replacing Wipro in a major index reshuffle, sparking shifts in passive fund flows and broader industry moves, amid sector-specific news and corporate activity across India’s markets. BSE will join the Nifty 50 on September…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

Piramal Pharma breaks key resistance level, hinting at potential bullish reversal on technical charts

Piramal Pharma Ltd. has surged past a crucial resistance level on its weekly chart, with technical indicators suggesting a possible short-term bullish trend. Analysts highlight the breakout from an ascending triangle pattern, supported by rising volumes and positive momentum signals,…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

Milky Mist’s IPO aims to capitalise on niche dairy premiumisation amid valuation concerns

Tamil Nadu-based Milky Mist Dairy Food launches its ₹1,553-crore IPO, focusing on value-added products and expansion, as investors weigh growth prospects against valuation risks. Milky Mist Dairy Food opened its initial public offering on Monday, setting a price band of…

  • apxadmin
  • August 11, 2026
  • Economy, Policy and Business

India’s medical device industry opposes draft law over outdated regulation and procedural flaws

The Indian medical device industry criticises the proposed overhaul of the drugs law, citing outdated terminology and lack of consultation, amid ongoing debates on specialised regulations for medical devices. A draft law meant to replace India’s decades-old drugs regime has…

  • apxadmin
  • August 11, 2026
  • Economy, Policy and Business

Timely tax return filing isn't enough: how mismatched data can trigger unexpected income tax notices

Filing your income tax return on time does not exempt you from potential notices. Discrepancies in data such as tax credits, income disclosure, or high-value transactions can prompt scrutiny, emphasising the importance of accuracy and prompt response in tax filing.…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

Rajya Sabha approves key banking and digital payment reforms amid opposition protests

The Rajya Sabha passed legislation updating banking evidence laws and clarifying UPI fee frameworks, sparking controversy and protests during a fractious monsoon session. Parliament’s monsoon session remained fractious on Monday as the Rajya Sabha passed two bills amid Opposition protests,…

  • apxadmin
  • August 11, 2026
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