facebook
SENSEX
NIFTY
GOLD
USD/INR

Weather

image 36    C

Business

...

Tax consultant made error in ITR filing: ITAT Chennai gives relief to taxpayer, waives 1.92 lakh penalty

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

Livemint 29 Jul 2026 5:35 pm

RCF, Gail enter into MoU for 1.27 MTPA urea plant in Maharashtra

Plant to be established jointly through a Special Purpose Vehicle (SPV)

The Hindu Businessline 29 Jul 2026 5:08 pm

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

The Hindu Businessline 29 Jul 2026 4:41 pm

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

The Hindu Businessline 29 Jul 2026 4:39 pm

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.

Livemint 29 Jul 2026 4:30 pm

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

The Hindu Businessline 29 Jul 2026 3:55 pm

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

Livemint 29 Jul 2026 3:40 pm

ITR filing 2026: Expecting an income tax refund? Check these 5 details before filing your return to avoid delays

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

Livemint 29 Jul 2026 2:59 pm

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

The Hindu Businessline 29 Jul 2026 2:57 pm

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

Livemint 29 Jul 2026 2:51 pm

ITR filing deadline 2026: Experts explain 5 reasons you shouldn't wait until July 31 to file your income tax return

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

Livemint 29 Jul 2026 2:40 pm

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

Livemint 29 Jul 2026 1:57 pm

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 (

The Hindu Businessline 29 Jul 2026 1:40 pm

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

The Hindu Businessline 29 Jul 2026 1:05 pm

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

The Hindu Businessline 29 Jul 2026 12:22 pm

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,

Livemint 29 Jul 2026 12:17 pm

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

The Hindu Businessline 29 Jul 2026 12:02 pm

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.

Livemint 29 Jul 2026 11:32 am

Gift worth over 50,000 from a non-relative is taxable, but this rule could wipe out this liability; here's how

Cash, property, or gifts over 50,000 from non-relatives are taxable, but relief options also exist for residents, which can reduce tax liability

Livemint 29 Jul 2026 11:26 am

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.

The Hindu Businessline 29 Jul 2026 11:03 am

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

Livemint 29 Jul 2026 10:38 am

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

Livemint 29 Jul 2026 10:09 am

ITR filing 2026: How to report ULIP income correctly for AY 2026-27 to avoid costly tax filing mistakes

ULIP income in ITR for AY 2026-27: Exemption rules, capital gains reporting, correct form choice and filing tips ahead of 31 July deadline.

Livemint 29 Jul 2026 9:08 am

How much do banks earn from minimum balance penalties? Government data reveals 26,170 crore in 4 years

Banks collected over 26,170 crore from customers as minimum balance penalties between FY23 and FY26, according to a Rajya Sabha reply. While most

Livemint 29 Jul 2026 9:07 am

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

Livemint 29 Jul 2026 8:35 am

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.

The Hindu Businessline 29 Jul 2026 8:30 am

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

The Hindu Businessline 29 Jul 2026 8:19 am

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

Livemint 29 Jul 2026 8:02 am

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

Livemint 29 Jul 2026 7:37 am

I'll do it tomorrow often turns into deadline-day panic, warns income tax dept ahead of 31 July ITR due date

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

Livemint 29 Jul 2026 7:20 am

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

Livemint 29 Jul 2026 6:30 am

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

Livemint 28 Jul 2026 10:18 pm

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

The Hindu Businessline 28 Jul 2026 10:11 pm

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

The Hindu Businessline 28 Jul 2026 9:25 pm

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

Livemint 28 Jul 2026 9:14 pm

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

The Hindu Businessline 28 Jul 2026 9:04 pm

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

The Hindu Businessline 28 Jul 2026 8:47 pm

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

The Hindu Businessline 28 Jul 2026 8:16 pm

Multi-asset allocation funds lead hybrid category inflows: Why investors are rushing in and what to check

Multi-asset allocation funds topped the hybrid category, recording 70,819 crore in net inflows in 12 months. These funds help diversify across eq

Livemint 28 Jul 2026 7:51 pm

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

Livemint 28 Jul 2026 7:31 pm

Paradeep Phosphates Q1 net up 24% at 393 cr on higher sales

Board approves Rs 250-cr investment in aluminium flouride plant at Paradeep

The Hindu Businessline 28 Jul 2026 7:27 pm

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

The Hindu Businessline 28 Jul 2026 7:07 pm

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

Livemint 28 Jul 2026 7:02 pm

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

Livemint 28 Jul 2026 5:59 pm

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

The Hindu Businessline 28 Jul 2026 5:32 pm

El Nino strengthens, eyes strongest levels since 1950, says Australian Met body

Positive IOD looms as record ocean warmth reshapes global weather patterns

The Hindu Businessline 28 Jul 2026 5:15 pm

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

Livemint 28 Jul 2026 5:00 pm

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

The Hindu Businessline 28 Jul 2026 4:29 pm

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

The Hindu Businessline 28 Jul 2026 3:53 pm

No Form 16 yet? 31 July ITR deadline is nearhere's how salaried taxpayers can still file their income tax return

Form 16 makes return filing easier, but it is not the only document required. By reconciling salary records with Form 26AS, AIS, bank statements

Livemint 28 Jul 2026 3:44 pm

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

Livemint 28 Jul 2026 3:28 pm

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

Livemint 28 Jul 2026 3:05 pm

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 Hindu Businessline 28 Jul 2026 3:04 pm

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

Livemint 28 Jul 2026 2:45 pm

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

Livemint 28 Jul 2026 2:03 pm

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

Livemint 28 Jul 2026 1:13 pm

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

Livemint 28 Jul 2026 1:01 pm

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

The Hindu Businessline 28 Jul 2026 12:47 pm

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

The Hindu Businessline 28 Jul 2026 12:46 pm

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

The Hindu Businessline 28 Jul 2026 12:44 pm

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

The Hindu Businessline 28 Jul 2026 12:08 pm

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

The Hindu Businessline 28 Jul 2026 11:50 am

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

The Hindu Businessline 28 Jul 2026 10:36 am

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

The Hindu Businessline 28 Jul 2026 10:35 am

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,

Livemint 28 Jul 2026 10:08 am

Gold, silver prices today, 28 July: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

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

Livemint 28 Jul 2026 9:29 am

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

Livemint 28 Jul 2026 9:17 am

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,

The Hindu Businessline 28 Jul 2026 8:50 am

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.

The Hindu Businessline 28 Jul 2026 8:14 am

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

The Hindu Businessline 28 Jul 2026 8:02 am

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

The Hindu Businessline 28 Jul 2026 7:55 am

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

Livemint 28 Jul 2026 7:28 am

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

Livemint 28 Jul 2026 6:56 am

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

The Hindu 28 Jul 2026 1:24 am

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

Livemint 27 Jul 2026 11:22 pm

More than 570 people reported income over 100 crore in FY26, 4x growth in billionaires over 5 years: MoS to Lok Sabha

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-

Livemint 27 Jul 2026 11:01 pm

Clarity on tax regulation indicates governments commitment for total visibility in crypto trading: experts

Experts view this move as a significant step toward curbing illicit transactions and aligning Indias tax standards with global frameworks.

The Hindu Businessline 27 Jul 2026 10:49 pm

CBDT's new crypto reporting guidance explained: What it means for digital asset investors and taxpayers

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

Livemint 27 Jul 2026 9:38 pm

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 Hindu Businessline 27 Jul 2026 9:29 pm

Suvendu Adhikari appeals to migrant workers to return to Bengal, assures govt to ensure employment opportunities

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

The Hindu Businessline 27 Jul 2026 9:09 pm

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.

The Hindu Businessline 27 Jul 2026 8:59 pm

LPG-DME blending has downsides of material compatibility, safety: Oil Ministry

No procurement programme for DME by PSU OMCs has been finalised, says Minister

The Hindu Businessline 27 Jul 2026 8:38 pm

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

The Hindu Businessline 27 Jul 2026 8:08 pm

What 20 years of market data reveals about large-, mid- and small-caps and why India's economic outlook matters

Mid- and small-caps often face criticism during market corrections, but 20 years of data show they have consistently outperformed large-caps in s

Livemint 27 Jul 2026 8:00 pm

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

The Hindu Businessline 27 Jul 2026 7:58 pm

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

The Hindu Businessline 27 Jul 2026 7:58 pm

DA hike: Inflation-linked wage, DA merger, new formulahere are Dearness Allowance-related demands of employee groups

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

Livemint 27 Jul 2026 7:39 pm

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

The Hindu Businessline 27 Jul 2026 7:38 pm

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

The Hindu Businessline 27 Jul 2026 7:38 pm

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

The Hindu Businessline 27 Jul 2026 7:28 pm