The forthcoming 8th Central Pay Commission in India may overhaul salary structures for millions, with debates centering on the potential increase driven by the fitment factor, as government employees await definitive proposals on pay revisions. The spotlight is firmly on…
Yes Bank has received key regulatory approvals to proceed with a $850 million (Rs 8,100 crore) offshore bond offering through GIFT City, expanding its international funding options amid continued use of offshore markets by Indian lenders. YES Bank has cleared…
India has prematurely closed a foreign-currency deposit scheme, attracting over $56 billion chiefly from Gulf-based non-resident Indians, signalling a surge in expatriate savings greasing the country’s external accounts amidst supportive central bank policies. India has closed a special foreign-currency deposit…
Experts highlight significant progress in India’s defence industry, potential for millet exports, and a push for diversified energy sources as key to achieving greater self-reliance amid strategic policy shifts. India’s path to greater self-reliance will depend on gains in defence…
The Indian Income Tax Department launches the FAST-DS scheme, allowing smaller taxpayers to regularise undisclosed foreign wealth with a one-time amnesty before tougher penalties and enforcement tighten in 2026. India’s Income Tax Department has opened a short-term route for certain…
India has cut its windfall taxes on petrol, diesel and aviation turbine fuel exports, reflecting ongoing adjustments amid fluctuating global crude prices and geopolitical tensions, marking a significant shift in its energy export policy. India cut its windfall tax on…
India’s merchandise exports reached a new high for July at $44.24 billion amid strong engineering, petroleum, and electronics shipments. However, the trade deficit expanded as import growth outpaced exports, highlighting ongoing challenges in global demand and logistics costs. India’s goods…
As India prepares for assessment year 2026-27, new thresholds and deadlines for Section 44AB tax audits underscore the importance of early compliance and understanding of form requirements amidst evolving regulations. Section 44AB of India’s Income Tax Act remains one of…
A diverse array of Indian companies across banking, consumer, utilities, and defence sectors are set to pay dividends in August 2026, offering investors a wide spectrum of income opportunities amid sectoral breadth and varying payout sizes. Dividend season is set…
Travelers with chronic illnesses face a complex landscape of narrow purchase windows and detailed medical disclosures for insurance coverage, with emergency evacuation plans being critical to avoid costly bills abroad. Travel insurance can seem straightforward until a chronic illness enters…
