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Income tax refunds occur when paid taxes exceed actual liabilities after deductions and they are processed after ITR e-verification. Here's when
Services growth slows markedly in July, PMI dipped to 53.3
Manufacturing has a share of over 17% in GVA. Both the indices are derived from responses collected among purchasing executives of 400 companies
RBI Governor Sanjay Malhotra noted that the Indian economy has remained resilient amidst persisting global headwinds
Belated income tax return AY 2026-27: How to file, late filing charges and what you may lose
Taxpayers who missed the July 31 ITR deadline can still file a belated return until December 31, 2026. Here's the filing process, applicable late
MPC leaves repo rate unchanged at 5.25%; neutral stance continues
With this, the Committee, which met from August 3rd to August 5th, has kept the repo rate on hold at 5.25 per cent in its last four meeting
The EPF officers body has asked the Labour Ministry to hire more experts for better service delivery, citing delays in claim settlements. With in
RBI MPC Meeting Live Updates: Will the RBI keep repo rate unchanged?
The repo rate has been unchanged in the last 3 RBI Monetary Policy meets and the neutral stance has been maintained since June 2025 in the past 7
The Centre is considering raising the EPF wage ceiling from 15,000 to 25,000, subject to Cabinet approval. If notified, the move could bring more
LICs equity investment strategy explained as the Finance Ministry reveals how the insurer managed policyholders funds in listed companies over fi
Found errors in your filed ITR? Check due date and whether revising attracts penalty
Taxpayers can file a revised return if they have made mistakes in their initial submission before the 31 July deadline. Know the due date and whe
Income Tax Department's NUDGE drive leads to 1.25 crore updated ITRs, 9,494 crore extra tax
The CBDT's technology-driven NUDGE campaign prompted 1.25 crore taxpayers to revise or update their ITRs over FY25 and FY26. The voluntary compli
EPFO eOffice app unavailable today during scheduled upgrade; check details
EPFO's e-Office application will be unavailable from 6 pm to 9.30 pm today due to a scheduled system upgrade. Members may experience temporary se
The stock markets new closing auction mechanism changes how closing prices are determined for F&O stocks. The shift from VWAP-based closing price
Franklin Templeton's new open-ended short term debt scheme, the Franklin India Short Term Fund opens NFO from 5th to 11th August. Here's all inve
Factor investing has gained significant traction as investors increasingly seek rule-based strategies over traditional market-cap investing. Whil
Zindagi Na Milegi Dobara's Arjun Saluja taught us to chase FIRE, but how to protect it for 50 years
An early retiree must build a larger retirement corpus by targeting a lower withdrawal rate in retirement and by maintaining a margin of safety i
Late rains revive kharif hopes in Telangana
Citing reports, Agriculture Minister Tummala Nageswara Rao said a few days ago that the adverse impact of El Nio would continue into August as we
Today, we look at how employees provident fund members can file a grievance with the retirement fund body, the step-by-step process to register a
Goyal may visit US next month-end for G20 Trade Ministerial
Visit could hold added significance as conversation between India, US on proposed trade pact is ongoing
Rice-wheat monoculture impacting Punjabs soil health, says study
Union Minister of State for Agriculture and Farmers Welfare Bhagirath Choudhary tells the Lok Sabha that it has affected soil physical health wit
Indian farmers may grow worlds first gene edited rice variety this winter
ICAR is expected to sign a MoU this month with US-based Corteva, which holds the license for the CRISPR-Cas9 gene-editing technology
Jet fuel demand slips to lowest in over two years in July
Airline operations saw moderation with carriers reducing capacity across domestic, international markets
Electronic mode of payment outside negative list likely to attract MDR
Bill will enable the government to notify which instruments, category of people making payment, threshold, etc for exemption from MDR
The Centre said over 1.18 lakh eligible beneficiaries have opted for the Unified Pension Scheme since its rollout in April 2025. Introduced to pr
How much equity is enough? A simple asset allocation guide for conservative investors
Volatile markets have led retail investors to reconsider their investment options amid inflation. Fixed deposits and debt funds carry lower risk,
Cleartrip launches Bus 2.0 with access to over 6.5 lakh routes across India
The expansion broadens nationwide connectivity while simplifying travel planning through integrated bookings across multiple transport modes and
ICAR develops Indias first fully annotated T2T genome of pigeonpea variety Asha
The breakthrough genome resource is expected to speed gene discovery, precision breeding and productivity gains for one of Indias key pulse crops
Dairy major Hatsun Agro Product plans 1000 crore capex in FY27
The Chennai-based firm posted revenues of 9,959 crore in FY26 an increase of 14.5 per cent from the previous fiscal
ICARs vaccine against African Swine Fever (ASF) to bolster Indias biosecurity
African Swine Fever is one of the most devastating trans-boundary animal diseases affecting domestic and wild pigs worldwide
India is in touch with all stakeholders regarding Chabahar port operations: MEA
Indias Chabahar project is strategically important as it provides access to Afghanistan and Central Asia while bypassing Pakistan
More than 31.82 crore unorganised workers have registered on the e-Shram portal, gaining access to social security schemes and welfare services.
EPFO likely to launch E-PRAAPTI digital initiative by August end to trace inoperative PF accounts
The EPFO is conducting trials for a back-end software upgrade to stabilise a national database of EPF subscribers
8th pay commission: Vacancies for consultants open Here's who is eligible and how to apply
The 8th pay commission has invited candidates to apply for various consultant roles. Here's who is eligible, how to apply, the terms of the job,
Marriage, money and modern expectations: Is India ready for the prenup talk?
Though prenuptial agreements face legal hurdles in Indian courts, an evolving marriage landscape demands a legal framework that balances pre-mari
Blenders lift tea prices at Coonoor auctions
The procurement policy of blenders complying with prescribed pesticide residue standards and applicable regulatory requirements has made them foc
Can you get a death claim on a lapsed life insurance policy? Here's what Consumer Commission says
The Maharashtra State Consumer Disputes Redressal Commission rules that while a lapsed life insurance policy does not entitle nominees to a death
Probate no longer mandatory: what it means for estate planning
The omission of Section 213 of the Indian Succession Act, 1925 has changed the legal position on probate in India. While probate remains availabl
Punjab High Court orders state govt to clear pending DA within 15 days Here's all we know
The Punjab and Haryana High Court ordered the Punjab government to clear pending dearness allowance arrears for employees and pensioners within t
Indias hospitality industry to grow 7-9% in FY27 despite global headwinds: ICRA
Domestic travel demand is expected to sustain hotel occupancy and room rates despite weaker foreign tourist arrivals and geopolitical uncertainti
India on track for $5.1 trillion GDP by FY29, says Finance Minister
The government outlined a broad-based economic roadmap centred on investment, manufacturing, exports, infrastructure and innovation to sustain lo
Assess beneficiaries' jurisdictions before planning cross-border succession
The choice between a trust and a will should be informed not only by control and asset protection considerations, but also by taxation, treaty re
How do cash optimization apps work, and are they right for you?
These platforms move idle cash into liquid funds to beat traditional savings account rates and offer brand perks, but come with hidden costs, tax
The 31 August ITR deadline is meant for specific taxpayers, including freelancers, professionals, traders and small business owners filing ITR-3
Finance Minister Nirmala Sitharaman introduced the Taxation and Other Laws (Amendment) Bill, 2026 in Lok Sabha today. It amends laws regarding pa
IndiGo should remain disciplined, resilient: CEO Willie Walsh tells staff
Walsh, who took charge as the CEO on Monday
Indias LPG consumption at 6-month high in July
Indias LPG consumption reached a six-month high of approximately 2.37 million tonnes in July 2026, an 8% month-on-month increase, according to th
KUFOS signs MoU with NAARM, Hyderabad for collaborative research
The MoU provides a framework for collaborative research, exchange of students and faculty, capacity building, joint teaching and extension initia
SEBI warns investors against unauthorised unlisted share platforms. Check these 5 tips
SEBI has repeatedly cautioned investors against using unauthorised platforms for buying or selling unlisted shares. Here are 5 checks to verify p
PM Surya Ghar achieves 5 million rooftop solar installations
The pace of installation has risen from 5,038 installations a day in October 2025, to nearly 16,328 installations a day in July 2026
SEBI's new GARUDA framework cuts the launch time for eligible AIF schemes to 10 working days. Experts explain how the reform could benefit invest
India extends anti-dumping duty on 4 products in July; imposes duty on one
Duties were extended on untreated fumed silica; arylides; seamless tubes, pipes and hollow profiles of iron, alloy or non-alloy steel; and normal
Air India's Phuket-Delhi flight experiences turbulence; 12 people onboard suffer injuries
Air India said there have been no reports of serious injuries.
Jupiter Wagons, Italy's Lucchini RS partner to build railwheel manufacturing platform in India
The partnership will make railway wheels, axles and wheelsets across the entire value chain, from raw material processing to finished products
Home prices and rental yields rise together in India's top cities, Noida and Gurugram top the list
ANAROCK study shows home prices and rental yields have risen together across India's top housing markets since 2019. Noida, Gurugram, Bengaluru a
In a first, Wind energy tenders surpass solar in Q1 FY27
Wind energy accounted for more than one-third of the total tenders of the over 9 gigawatt (GW) tenders floated during the June quarter of the cur
RBI's August 2026 redemption calendar lists six Sovereign Gold Bond tranches eligible for premature exit after the mandatory five-year holding pe
More rain forecast for Assam-Meghalaya as monsoon roars in North-East
Moisture reservoir swings away from Central India, tracking the monsoon trough that has repositioned itself entirely over land
RBIs new FD rules from October: 5 changes small finance bank depositors must know
RBIs new fixed deposit rules for small finance banks will apply from October. The guidelines introduce advance-rate disclosures, uniform pricing,
India's EV sales jump 63% YoY to over 3.07 lakh units in July; electric car sales up 81%: Report
The report said electric car sales stood at 30,806 units in July, up 81% year-on-year, although they were down 2% from the previous month
Modi seeks sweeping tax cuts for global funds
Lawmakers will seek to clear bills that formalise tax cuts for overseas investors buying Indian sovereign debt and insulate offshore funds from t
Worked before UAN? Here's how EPFO's new portal helps you find and link old PF accounts
The upgraded EPFO portal lets members view their complete service history and identify older PF accounts that may not be linked to their UAN. Her
Commerce Department begins Budget consultations with industry amid global trade uncertainty
Industry likely to push for extension of export incentives, customs duty rationalisation and lower compliance costs, among other measures
Gold and silver prices today, 4 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major
DGCA likely to mandate carbon emissions reporting for international flights
India advances Sustainable Aviation Fuel blending roadmap ahead of global mandate for 1% SAF blending in ATF for international flights by 2027
US aviation regulator certifies Boeing's new 737 Max 7 jetliner for flight after years of delays
The Max 7 is part of Boeing's 737 family of commercial jets, which is the company's bestseller and has been at the centre of its troubles
Can ESOP buyback payouts be taxed as capital gains? ITAT order offers hope for startup employees
The Bengaluru ITAT has asked tax authorities to reconsider the tax treatment of ESOP buyback payouts by applying the Karnataka High Court's rulin
Higher GST for kraft paper irks corrugated box manufacturers
With GST on corrugated boxes fixed at 5%, 366 crore of the industrys working capital gets locked locked in every month, say industry experts
HDFC Bank launches Max for Seniors and Max for Her savings accounts; key features
HDFC Bank has introduced Max for Seniors and Max for Her savings accounts under its Savings Max portfolio. The accounts offer cyber protection, A
More than 1.18 lakh Central government employees and eligible retirees have opted for the Unified Pension Scheme. The Centre has told Parliament
8th Pay Commission: The Commission is reviewing eight pensioner demands raised by RSCWS, including higher basic pay, revised HRA, transport allow
REITs and REIT mutual funds offer investors exposure to the real estate sector but differ in structure, taxation, and returns. While REITs focus
Centre moves to impose MDR on UPI, extend tax breaks for contract manufacturers
Exemptions until 2041 give a major boost to Apple
If a similar mutual fund with a proven track record already exists in the market, experts say investors should prefer an established scheme unles
Tea Board launches courses on tea tasting, to create pool of professionally trained tea tasters
The programme is also aimed at promoting tea literacy among youth and generating employment opportunities in the tea industry
FSSAI takes action against alchobev players over use of non-permitted flavours
The food safety regulator said that it found that some alcobev manufacturers are externally adding flavour, which mimic the products inherent aro
Indias kharif sowing deficit shrinks to less than 3%; 81% of normal area covered
Acreage under paddy down 2.2%, coverage of pulses down 6.3% but that of oilseeds up for the first time this season
Ethanol blending: Team Bharat to meet Oil Ministry officials this week
Team Bharat is protesting against what it claims is a rushed implementation of the EBP programme
Only two value funds have negative alpha, indicating they lag their benchmark indices, while Quant Value Fund and DSP Value Fund record the highe
Accor, InterGlobe shelve Treebo acquisition plan
French hotel chain Accor it is says committed to expansion in India
AAI finalises 11 players for flying schools at seven airports
Move aimed at strengthening aviation training capacity under Aatmanirbhar Bharat push
Indian industry seeks legal backing of gene editing in Seed Bill
The government may formally adopt gene editing by mentioning it in the proposed seed Bill either through main Bill or in the rules
VOC port enabled dispatches of VinFast EV consignment to Haryana by rail
The dispatch highlights the ports enhanced ability to support automobile logistics and faster cargo evacuation through specialised infrastructure
Government proposes easier tax rules for offshore funds managed from India
The proposed reforms simplify investment rules, strengthen tax certainty and seek to attract more overseas fund managers and foreign capital
Finance Ministry has approved an increase in EPF wage ceiling to 25,000 monthly from current 15,000, as per a Moneycontrol report. If approved th
Digital Green launches upgraded version of FarmerChat app
The AI-powered farming advisory app tops 10 lakh users milestone
GRSE expands non-defense portfolio with ONGC contract for 4 vessels
The order is worth over 1,032 crore, says Garden Reach Shipbuilders & Engineers Ltd (GRSE), a navratna defence PSU
India, Uzbekistan target doubling bilateral trade in three years
Ministers identify mining, pharma, IT, food processing and digital economy as priority areas for deeper cooperation
Parliamentary panel urges govt to examine feasibility of permitting CSR contributions in kind
It has supported increasing the threshold of profit to 10 crore for CSR
NHAI plans 1 lakh crore highway push in Tamil Nadu, 2,500 km projects in pipeline
The proposed investments are expected to strengthen freight movement, improve connectivity to industrial clusters and ports
GMR bets on rapid traffic growth at Alluri Sita Ramaraju Intl Airport in Bhogapuram
Expects the airport to reach full initial passenger capacity over the next five years
