The Bombay High Court has clarified that submitting the audit report electronically on time is enough to meet procedural requirements for R&D tax deductions, even if the department disputes internal records of delay. The Bombay High Court has held that…
India’s exports have risen by approximately 15% in the first four months of the fiscal year, supported by new free trade pacts and a strong start to April-June, as the country aims for a $1 trillion export target by 2026-27…
India must roughly double its annual infrastructure expenditure to about ₹40 lakh crore over the next two decades to sustain its long-term development ambitions, says NaBFID MD Rajkiran Rai G, highlighting a crucial policy challenge amid rising public and private…
Shares across Tata Group companies plummeted by over ₹68,000 crore following N. Chandrasekaran’s decision not to seek a new term as chairman, sparking investor concerns about future leadership andgroup stability. Shares in Tata Group companies came under heavy pressure on…
With credit card interest rates climbing, everyday grocery shopping on credit can unexpectedly turn into long-term debt, especially for vulnerable households relying on minimum payments. Putting everyday food shopping on a credit card can look harmless in the moment, but…
Organising household finances through repeatable routines like budgeting, spending checks, automation, and flexibility can help people manage their money more effectively, according to financial experts. People who keep their finances in order usually do not rely on talent or discipline…
A 20-year-old man from Amritsar has been detained in Dehradun as part of a crackdown on a Rs 55 lakh cyber fraud involving organised networks and mutli-state links, highlighting the escalating sophistication of digital scams across India. A 20-year-old man…
India’s top audit body has highlighted widespread GST violations totaling Rs 401 crore in the works contract and construction sector, exposing systemic enforcement weaknesses and audit challenges across multiple states and departments. India’s top audit body has flagged widespread GST…
India has amended tax laws to make dividend payouts from REITs and InvITs tax-free across the board, aiming to attract more investors, although some complexities remain. Parliament’s latest tax amendment takes aim at one of the more awkward corners of…
Balanced hybrid mutual funds, with their defined equity-debt mix, are gaining traction as a suitable investment option for moderate-risk investors, amidst changes in the regulatory framework and market dynamics. Balanced hybrid mutual funds are emerging as a middle path for…
