A Chennai taxpayer faced a 1.92 lakh penalty after her tax consultant made errors in the ITR filing. ITAT Chennai waived the penalty, ruling that
RCF, Gail enter into MoU for 1.27 MTPA urea plant in Maharashtra
Plant to be established jointly through a Special Purpose Vehicle (SPV)
India retains global dairy lead as milk output rises
Cows milk production is forecast to rise to 105.4 million tonnes this year from 103.2 million tonnes in 2025, says USDA
Cochin Shipyard launches anti-submarine warfare ship for Indian Navy
The ASW SWC ships are designed to undertake anti-submarine operations in coastal waters, low intensity maritime mine laying operations
Would your family know how to access your wealth in an emergency?
A single, regularly updated financial master sheet can organize scattered accounts, key legal documents, and vital contacts before a crisis hits.
India's mobile phone exports jump 165-fold in a decade to 2.59 lakh crore: Govt
On memory chip manufacturing, the minister said two companies are currently producing memory chips in India
ITR filing deadline: After 4 extensions in last 5 years, why AY 2026-27 may not get extra time
As the 31 July deadline for filing ITR approaches, taxpayers hope for an extension like in previous years. Here's why AY 2026-27 is different for
Expecting an income tax refund this year? Filing your ITR is only half the job. Simple mistakes like an unvalidated bank account, TDS mismatch or
ASMS signs pact with ProClime Services for biochar-based soil solutions
They will focus on developing scientifically validated biochar-integrated fertilizer formulations that enhance soil fertility, improve water rete
FD rates in July 2026: Small finance banks offer up to 8.10%; compare returns from 7 leading lenders
July 2026 FD rates show small finance banks offering up to 8.10% interest, ahead of leading private and public sector banks. Compare FD rates, te
With the July 31 ITR filing deadline nearing, experts warn that waiting until the last day could cost taxpayers far more than just a late filing
How to make the most of flexible health benefits in employer plans
Healthcare needs aren't staticthey change with age, family responsibilities and personal circumstances. A 28-year-old navigating burnout, a 32-ye
Adani Ports & SEZ Q1 profit rises 9% to 3,620 crore
Revenue from operations during the quarter rose 19 per cent to 10,821 crore, while earnings before interest, tax, depreciation and amortisation (
Gen-AI could substitute up to 12% of Indias non-farm jobs, says Goldman Sachs
The report projects AI-driven productivity gains alongside workforce shifts, with services facing greater automation than physically intensive oc
ICAR-CMFRI: 91.1% of Indias marine fish stocks sustainable, trawl landings remain stable
CMFRIs assessments do not indicate any palpable decline in trawl-based fish landings during 2021-25, says Union Minister for Fisheries, Animal Hu
Inherited shares, mutual funds or bonds? NRIs should follow these steps to claim them in India
NRIs inheriting financial assets in India often face delays due to missing documents, KYC issues and nomination gaps. Experts explain the steps,
Heavy rain predicted for Central India as deep depression prolongs stay
IMD expects the system to continue to unleash another round of drenching rains over Chhattisgarh, Madhya Pradesh, Maharashtra and east Gujarat to
Sebi reopens the PMS rulebook: what it changes for investors and investment industry
Sebi's proposed MF-only PMS lowers the investment threshold to 25 lakh, opening customized mutual fund portfolios to more investors.
Cash, property, or gifts over 50,000 from non-relatives are taxable, but relief options also exist for residents, which can reduce tax liability
Artificial intelligence drives Asias air cargo growth, replacing e-commerce shipments
Growing AI chip and data centre demand is transforming Asian air cargo networks, offsetting slowing cross-border e-commerce shipments worldwide.
Wrongly reported foreign salary in ITR? ITAT grants relief with one catch
A Delhi ITAT ruling clarifies that taxpayers can correct an ITR if overseas salary was wrongly reported as taxable in India. But if the income is
Income tax filing deadline 2026 LIVE Updates: Who needs to submit their returns by 31 July?
Income tax filing deadline 2026 LIVE Updates: The due date to file ITR is around the corner, and more than 4.3 crore ITRs have already been filed
ULIP income in ITR for AY 2026-27: Exemption rules, capital gains reporting, correct form choice and filing tips ahead of 31 July deadline.
Banks collected over 26,170 crore from customers as minimum balance penalties between FY23 and FY26, according to a Rajya Sabha reply. While most
ITR filing 2026: Where to file return online other than the tax portal; know the charges
As the ITR filing deadline approaches, taxpayers can use various fintech platforms for online submissions. These services aim to simplify the pro
India becomes worlds second-largest supplier of seafarers
The countrys maritime workforce has expanded rapidly, strengthening its position as a leading talent hub for the global shipping industry.
PSUs seek extension of RBIs concessional ECB swap window
An extended forex swap facility could encourage overseas fundraising while supporting investment plans and strengthening foreign currency inflows
Will using ethanol-blended petrol affect your car insurance? Here's what experts say
The government's push for E20 petrol has left many car owners wondering whether using ethanol-blended fuel could affect their motor insurance. He
ITR filing deadline in 2 days: Tax experts explain how you can file returns in just 10 minutes
The income tax return filing deadline is approaching, with only two days left. Tax experts explain how taxpayers can complete ITR filing quickly
With the July 31 deadline for income tax return filing nearing, the tax department urges taxpayers to file early to avoid last-minute stress and
Why child-free couples may need morenot lessfor retirement
Conventional wisdom says child-free couples need a smaller retirement corpus. In reality, longer retirements, caregiving costs and the absence of
Can you change the income tax regime while filing ITR? Here's what taxpayers should know
Salaried taxpayers can switch between the old and new tax regimes while filing their ITR, regardless of the regime used by their employer for TDS
IndiGo positions international expansion as next growth engine after consolidating domestic market
Long-haul aircraft, MRO investments and digital capabilities to support airlines global ambitions
Indian govt asks sugar dealers to hold maximum 400 tonnes stock till Nov
Centre mandates traders to liquidate excess stock by August 1 from when the order will come into force
EPF Scheme 2026: Got married? Your past PF nomination is now invalid key FAQs answered
Your earlier EPF nomination becomes invalid once you get married. Filing a fresh nomination ensures your PF benefits are paid to the intended ben
Indias cotton area expands as monsoon gathers pace, coverage tops 100 lakh hectares
Cotton sowing is taking place in about 50,000 hectares every day, Atul Ganatra said, adding that in Andhra the area has increased by 31% and by 4
Delhi HC issues notice to Govt on ISMAs petition on artificial sugar use
ISMA seeks stricter labelling, warnings, and India-specific studies on artificial sweeteners health risks
Lower acreage of maize in kharif, uncertainty on sugar stock to shift focus on rice for ethanol
The government needs about 1,100 crore litres of ethanol to meet its 20 per cent target in the ethanol blended with petrol (EBP) programme
Multi-asset allocation funds topped the hybrid category, recording 70,819 crore in net inflows in 12 months. These funds help diversify across eq
Delhi Lakshmi Yojana: 2,500 monthly assistance announced; Check eligibility, rules and documents
The Delhi government has launched the 'Delhi Lakshmi Yojana', providing eligible women with monthly financial assistance of 2,500, of which 1,500
Paradeep Phosphates Q1 net up 24% at 393 cr on higher sales
Board approves Rs 250-cr investment in aluminium flouride plant at Paradeep
Turmeric prices soar on tight supplies, fear over deficient monsoon rain
Turmeric prices surged to 200 a kg in the Erode APMC yard from 160 in a very short time, but have pulled back to 170, said RKV Ravishankar, Presi
I work remotely in India for a US firm. Can I avoid Indian tax if I'm paid in the US?
Many tech professionals moving back home assume receiving dollars in a foreign account keeps their income out of local jurisdictionhere is how ta
Switched jobs and lost track of your old PF account? Govt explains how EPFO's e-portal can help
The government has revealed that the EPFO has developed an Aadhaar-based e-portal to help members trace old inoperative PF accounts, transfer bal
Women drive Indias agriculture, constitute 60% of workforce
41% women were engaged in self-employed category in agriculture during the same period, says Ramnath Thakur, Union Minister of State for Agricult
El Nino strengthens, eyes strongest levels since 1950, says Australian Met body
Positive IOD looms as record ocean warmth reshapes global weather patterns
New vs old regime: Income tax slab rates for FY26 know how slab-wise tax calculation works
Taxpayers should compare the new and old tax regimes before filing their ITR for FY26. Since India follows a slab-based tax system, only the port
Industrial output rises 7.3% in June on strong manufacturing performance
Government data showed that 19 of 23 manufacturing industry groups expanded, with electrical equipment, automobiles and food products leading gro
Ahmedabad Air India crash probe: AAIB to submit draft final report to Supreme Court in October
The Centre informed the apex court that the draft final report into the June 2025 Air India Ahmedabad crash will be submitted in a sealed cover i
Form 16 makes return filing easier, but it is not the only document required. By reconciling salary records with Form 26AS, AIS, bank statements
Planning to start investing in stock market? Avoid these 5 costly beginner mistakes
First-time stock market investors can avoid costly mistakes by focusing on diversification, asset allocation, disciplined investing and long-term
ITR filing deadline 2026: Missing July 31 can cost you more than you think
The late filing fee is only one consequence of missing the ITR deadline. Delayed filing can also result in the loss of capital loss set-off benef
GMR Aero Technic signs pact with Honeywell Aerospace for MRO Services
Under this agreement, GMR Aero Technic will undertake comprehensive MRO services for seven Honeywell aerospace LRUs installed on LEAP engines pow
The best way to navigate market volatility? Invest for milestones, not markets
Market volatility often fuels fear and greed, prompting costly investment mistakes. Goal-based investing shifts the focus from market moves to li
Best mid-cap mutual funds: 12 funds delivered over 18% 10-year SIP returns
Mid-cap funds have rewarded long-term SIP investors, with 12 schemes generating annualised returns of more than 18% over the past decade. A compa
How to accurately report REIT/ InvIT income in ITR for AY 2026-27 ahead of 31 July deadline
Report REIT and InvIT income in your ITR for AY 202627. Know the tax treatment, choose the right form and keep essential documents ready to avoid
Debt funds or direct bonds? Understanding the routes to fixed income investing
Sebi's reforms and online bond platforms have made direct bond investing more accessible than ever. But should investors choose individual bonds
VST Tillers Tractors to set up 100-crore global tech centre in Hosur
Conducts ground-breaking ceremony for centre that will enhance R&D capabilities
Keralam jewellers seek review of gold, silver import duty structure
Government data presented in Parliament indicate a sharp rise in gold and silver smuggling following the increase in import duty on the precious
Keralam deploys ANNAM.AI smart weather stations for climate-smart farming
The initiative is aimed at improving farmers access to reliable weather information, enabling better planning, reducing input costs and promoting
CMFRI develops digital tools for awareness on protected sharks
The app will benefit fishermen, fisheries officials, wildlife enforcement officers, researchers, students, and the general public, offering infor
Air India turnaround could take up to a decade, owner Tata Sons says
The comment comes as the country's second largest airline grapples with air space closures, higher fuel costs from the conflict in West Asia, and
Government plans 44 airports for Hub and Spoke flights to boost global connectivity
Air India on Tuesday launched flights under the Hub and Spoke model from Amritsar, the second airport after Varanasi from where such fights have
Air India to soon start inbound Hub and Spoke flights to Amritsar
The initiative aims to streamline the travel experience for international passengers, allowing them to finalize immigration and baggage processes
Moving back for ageing parents? Here's the financial reality NRIs must prepare for
As more NRIs return to India to care for ageing parents, experts say early planning is crucial to manage healthcare costs, lower incomes, taxes,
Gold and silver prices today, 28 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major I
Paytm launches 11 ITR filing with ClearTax: What's included and should you use it?
Paytm has partnered with ClearTax to offer income tax return filing starting at 11 through its app. Here's what the plan includes, who can benefi
US, India expanding cooperation in defence, civil nuclear sector: Senior US official
Last year, India and the US signed a framework for a major defence partnership to strengthen interoperability across all domains, including land,
India targets 5% share in global toy trade by 2032, sets up dedicated task force
The Centre has formed a task force to strengthen toy manufacturing and raise Indias share in the global toy market from 1.9% to 5% by 2032.
IndiGo appoints Kiran Thadimarri as Chief Financial Officer
Kiran Thadimarri succeeds Gaurav Negi as IndiGos Chief Financial Officer from July 28, with the outgoing CFO taking over as Advisor to the Managi
FAA orders inspections of hundreds of Boeing 737 MAX jets over seat installation issue
The proposed FAA directive applies to 453 U.S.-registered Boeing 737 MAX jets as part of the regulators ongoing aircraft safety oversight
ITR filing 2026: Avoid these 5 costly mistakes before the July 31 deadline
The July 31 ITR deadline is just days away. Avoid these five common filing mistakes that could lead to tax notices, refund delays or additional t
8th Pay Commission: Fitment factor above 3 may raise salaries, but test Centre's fiscal discipline
8th Pay Commission: Fitment factor debate has intensified as employee unions seek a multiplier above 3. While a higher fitment factor could signi
To fix unemployment, fix the economy first
The ease of doing business must now become subordinate to the ease of living and earning for all citizens
SEBI proposes MF-only PMS with 25 lakh entry: Expert explains how it differs from traditional PMS
The proposed MF-only PMS framework is positioned as a bridge between self-managed mutual fund investing and traditional PMS, allowing investors t
ITR: India has seen 4x growth in billionaires in five years. As many as 576 people reported gross total income of 100 crore or more, FY26 income-
Experts view this move as a significant step toward curbing illicit transactions and aligning Indias tax standards with global frameworks.
The CBDT has issued a guidance note to operationalise India's crypto-asset reporting framework in line with the OECD's global standards. While th
Eternals Greening India comes up with agro-forestry carbon credit model to tackle CO2 emissions
The model is to encourage growers to take up cultivation of plantation crops along with fruits, says Greening India head Vishal Kumar
The Chief Minister said Amul will establish an ice cream manufacturing plant on 15 acres of land in North Bengal. Twelve tea gardens are expected
Falling crude, RBI assurance lift stocks, rupee and bonds
RBI Governor Sanjay Malhotra reassured everyone about currency stability, even as foreign investors pulled back a bit.
LPG-DME blending has downsides of material compatibility, safety: Oil Ministry
No procurement programme for DME by PSU OMCs has been finalised, says Minister
As Indian Tobacco Board slashes crop size by 43%, farmers seek alternative crop plans
Demand action by the State government and board against unlicensed growers who continue to disrupt the market
Mid- and small-caps often face criticism during market corrections, but 20 years of data show they have consistently outperformed large-caps in s
Indian parliament panel terms incongruent DIPAM move to not declare fertiliser PSUs strategic
Asks government to establish interim safeguards to protect the interests of state-owned fertilizer companies
Govt approves trial, regular issuance of 10, 20 plastic notes
The initiative, aimed at enhancing the durability of banknotes, follows global trends and is currently in its preliminary phase, with the RBI stu
DA hike: Here are the key Dearness Allowance-related demands made by employee groups from demand for an inflation-linked wage model to calls for
August-September rains to decide Indias 2026-27 pulses crop size as kharif sowing picks up
Supply is abundant; soil moisture crucial for rabi crop, says IPGA Chairman Bimal Kothari
Gig workers still await Ayushman Bharat cover; over 10.65 lakh registered on e-Shram portal
Despite the Budget announcement and subsequent registration drives, the government has not specified a timeline for extending the promised health
Centre examining DGCA approval process to cut time taken for launching new airlines
MoCA reviewing licensing framework, security clearances, capital norms and pilot hiring rules as part of broader aviation reforms

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