A Delhi Income Tax Appellate Tribunal has overturned a ₹3.74 lakh penalty for late filing, recognising that failing to file on time does not amount to under-reporting when the income was eventually declared and correctly assessed. A Delhi tribunal has…
India is rapidly transforming from a support role to a central hub in the world’s smartphone industry, with projections to produce nearly one-fifth of global smartphones within two years, signalling a major shift in the supply chain landscape away from…
As short-form videos dominate social commerce, experts warn that the fast-paced, emotionally charged environment amplifies the risk of scams, fake engagement, and deceptive sales tactics, prompting calls for stricter platform verification and consumer vigilance. Short-form video has become one of…
Gold prices extend their rally, surpassing US$4,600 for the first time since May, amid weakening US dollar, easing US economic data, and rising demand for safe havens driven by geopolitical and fiscal concerns. Gold extended its rally on Friday, moving…
India’s foreign exchange reserves have risen to a new high of $716.91 billion, driven by valuation gains and strategic policy measures, strengthening the country’s macroeconomic stability amid global uncertainty. India’s foreign exchange reserves climbed to a record $716.91 billion as…
In India, borrowers are advised to meticulously compare lenders, interest rates, fees, and eligibility criteria to find the most suitable personal loan, reducing financial strain and ensuring better repayment capacity. For borrowers in India, a personal loan can be a…
India has introduced policy changes to make rupee-denominated export payments more attractive, potentially accelerating its role in global commerce and reducing reliance on the US dollar. India has moved to make rupee-denominated export payments more attractive, in a policy shift…
Raw sugar futures approached one-year highs as India opens duty-free importation, boosting market confidence amidst ongoing supply concerns and weather-related crop risks. Sugar futures edged back towards the previous session’s one-year highs on Friday as traders continued to weigh India’s…
Borrowers are increasingly turning to gold loan transfers to cut costs, secure more favourable repayment plans, and benefit from enhanced safety and service features, as lenders offer competitive terms in a dynamic market. A gold loan balance transfer, also described…
India’s payments authorities are exploring implementing safeguards against passing merchant discount rate charges to consumers in UPI transactions, following a precedent set by debit card rules, though no final decision has been made amid ongoing debates and policy delays. India’s…
