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  • Tax, Laws & Money Explained

India extends tax break to attract Apple’s long-term manufacturing shift

India’s proposed extension of a tax exemption until 2041 could solidify its position as Apple’s main iPhone manufacturing hub, signalling a significant shift in global supply chains and investment strategies. India’s move to extend a tax break for foreign firms…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

Liquidity versus fixed deposits: what’s the better choice for short-term savings?

When short-term funds are needed, the decision between liquid funds and fixed deposits hinges on access and tax efficiency. New analysis reveals that both options can be equally competitive in returns, making flexibility a key factor in choosing the right…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

Global Life Insurance's tiered approach to protection shifts focus from policies to family resilience

As Father’s Day prompts a reassessment of family priorities, Global Life Insurance launches ‘Plan Be’, promoting a risk-first, tiered approach to health and long-term care coverage, emphasising practical protection for life’s uncertainties. With Father’s Day approaching, Global Life Insurance is…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

Fast online short-term loans can be a lifesaver but come with risks for families

As sudden expenses threaten household budgets, rapid online loans offer quick relief but highlight the importance of prudent borrowing within broader financial strategies to prevent long-term strain. When a family bill arrives out of the blue, the real problem is…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

Delhi consumer commission finds Manipal Cigna liable for wrongful health claim rejection

A Delhi consumer commission has held Manipal Cigna Health Insurance liable for wrongly denying a woman’s claim for brain tumour surgery, citing flawed reasoning and procedural lapses, in a case highlighting insurer accountability. A Delhi consumer commission has held Manipal…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

India’s Supreme Court pushes for digital enforcement of mandatory motor insurance

The Supreme Court of India is advocating a pilot project to implement a ‘No Insurance, No Fuel’ scheme, aiming to curb widespread non-compliance with mandatory third-party motor insurance through technological solutions like e-challans. India’s Supreme Court is pushing the Centre…

  • apxadmin
  • August 6, 2026
  • Fintech & Digital Money

RBI’s new classification approach keeps Tata Sons’ listing plans in limbo, amid internal Trusts debate

The Reserve Bank of India’s latest framework for classifying non-banking financial companies influences Tata Sons’ potential IPO but internal trust disagreements and regulatory nuances mean a listing remains uncertain for now. The long-running question of whether Tata Sons should eventually…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

BSE’s new closing auction aims to stabilise India’s stock final minutes

The Bombay Stock Exchange has introduced a new end-of-day Closing Auction Session to enhance transparency and fairness in determining closing prices, impacting traders and investors with derivatives contracts and benchmark indices. BSE has told investors and trading members to get…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

Kolkata CESTAT highlights importance of financial substance over ledger labels in tax disputes

A recent Kolkata CESTAT ruling clarifies that accounting entries alone do not determine taxability, emphasising the importance of legal character over financial grouping in tax disputes, particularly for mixed-income streams. In a ruling that will interest tax teams, finance heads…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

India introduces comprehensive customs guide to streamline import procedures and boost trade effectiveness

India is developing a detailed customs guidebook for its top 100 imports to standardise assessments, reduce delays, and reinforce its free trade agreements, potentially transforming its import landscape and trade efficiency. India is drawing up a detailed customs guidebook for…

  • apxadmin
  • August 6, 2026
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