SENSEX
NIFTY
GOLD
USD/INR

Weather

image 27    C

Business News

Livemint

Business / Livemint

Transaction records alone cant prove genuine share gains: Why ITAT upheld 14.85 lakh tax addition

Ahmedabad ITAT upheld a 14.85 lakh addition in a share-trading case after finding that transaction records alone did not establish the genuineness of gains from Kushal Tradelink shares. The tribunal, however, sent the taxpayers separate 40.74 lakh long-term capital-loss claim back to the CIT(A).

24 Sep 2026 7:34 am
India's vending machine market is booming and it's not just snacks anymore

Kirana stores and small modern-trade outlets are exploring vending machines as an extension of their shops, letting them keep selling after closing hours.

24 Sep 2026 6:00 am
15 global reinsurers likely to seek GIFT IFSC entry

GIFT IFSC reinsurance business surges as foreign reinsurers seek regulatory preference, lower costs and access to Indias growing insurance market. 

24 Sep 2026 6:00 am
Irdai proposes sweeping reset of insurance distribution system

The Insurance Regulatory and Development Authority of India has proposed an overhaul of insurance distribution, including tighter Expenses of Management limits, a return to product-level commission caps, and a ban on compulsory bundling of insurance with loans by banks and NBFCs.

23 Sep 2026 11:07 pm
Accenture expands Bengaluru office footprint, leases 5.67 lakh sq ft in Bellandur for 269 crore details here

The expansion takes Accentures total leased area at the campus to 5.67 lakh sq ft, with the company expected to pay around 269 crore in rent over five years, according to property transaction data from Propstack.

23 Sep 2026 10:18 pm
Central government salary and pension to be paid on 25 September ahead of three-day bank strike

The Ministry of Finance will disburse salaries and pensions for September 2026 on the 25th due to a nationwide bank strike from September 28-30. This affects Central Government employees and pensioners, including those in Defence and Posts & Telecommunications.

23 Sep 2026 8:49 pm
SBI Card launches FD-backed credit cards on YONO: Who is eligibility? What does it offer? Check variants & other details

SBI Card has launched a new secured credit card linked to a fixed deposit, available for online applications via the SBI YONO platform in just 10 minutes, aiming to assist customers in building or enhancing their credit history.

23 Sep 2026 8:43 pm
Visiting PVR INOX to watch a movie? Carrying hard cash and no soft cash in your account? Be aware of the rules first

Recently, an advocate from Ahmedabad sent a legal notice to PVR INOX over its cashless policy. According to experts, private businesses can skip cash and insist on digital payments. Here's what the company's policy says.

23 Sep 2026 8:30 pm
Nidhi Aapke Nikat 2.0: EPFO to begin awareness campaign next week Check here for date, full list of cities

Nidhi Aapke Nikat is the provident and pension fund body's last mile monthly outreach programme for members, under which it organises camps across India on a district level.

23 Sep 2026 8:24 pm
Madhya Pradesh workers get healthcare boost: How a new ESIC move benefits thousands in 24 districts from October 1

The government has notified October 1 as the date from which contributions under the Employees State Insurance Act, 1948, will become payable in the areas covered by the order in Madhya Pradesh.

23 Sep 2026 8:03 pm
M3M Hurun India Rich List 2026: From Landmarks Renuka Jagtiani to Sacramento Kings Vivek Ranadive Check new entrants

The biggest wealth strides in the M3M Hurun India Rich List 2026's top 100 were made by individuals from industrial and diversified businesses. And the biggest new entrant on the 2026 list is Renuka Jagtiani of Landmark Group, with wealth of 70,500 crore. 

23 Sep 2026 7:06 pm
Railways notifies UPS rules for employees covered by NPS: 10,000 minimum pension, 25-year full pension

The rules spell out eligibility requirements, employee and government contributions, pension calculation, lump-sum benefits, minimum and maximum pension provisions, VRS rules and the process for switching from UPS to NPS.

23 Sep 2026 6:58 pm
5 money lessons from The Little Book of Common Sense Investing by John C Bogle; spend less, remain patient and more

John C Bogle's investment philosophy centres on simplicity: own less and stay patient. Check out these 5 money lessons from the book.

23 Sep 2026 6:19 pm
8th pay commission: Full list of upcoming state visits, meetings and dates in October 2026 Check here

The 8th pay commission will conduct state visits in October to meet with employee and pensioners representatives and stakeholders to discuss recommendations for over 1 crore beneficiaries. It is expected to make an announcement by May 2027.

23 Sep 2026 5:30 pm
Mumbai-Ahmedabad bullet train: How canted turnouts help trains switch tracks at 320 kmph

Indias Mumbai-Ahmedabad bullet train corridor is adopting canted turnouts, a specialised track system designed to allow high-speed trains to switch tracks smoothly at speeds of up to 320 kmph. The technology extends track banking through the turnout to reduce lateral forces, vibrations, discomfort.

23 Sep 2026 5:26 pm
DA row: Punjab HC directs official to appear on 5 Oct for not complying with order, govt says committed Top updates

DA row: The Punjab and Haryana High Court has directed the state chief secretary to appear before it on 5 October for not complying with its previous order regarding payment of pending DA arrears of state employees and pensioners. 

23 Sep 2026 4:37 pm
Tax benefits on co-owned house hinge on actual contribution, not ownership share

Tax benefits for co-owned properties should not be seen as a hack to maximise tax between spouses, but rather should depend on the actual contribution of each co-owner.

23 Sep 2026 4:28 pm
From ads to storylines: how brands are embracing microdramas

Tata Motors Commercial Vehicles and JK Super Cement have backed microdrama series built around narratives that integrate their products into the story, eyeing sustained viewer engagement

23 Sep 2026 3:24 pm
India domestic air traffic declines 6.34%; IndiGo share falls, Air India gains

India's domestic air passenger traffic fell 6.34% year-on-year to 121.26 lakh in August, DGCA data showed. IndiGo's market share dropped to 65%, while Air India Groups rose to 26.7%. Akasa Air held 5.5% and IndiGo led on-time performance.

23 Sep 2026 3:08 pm
Smallcaps have grown up, but so has the risk

Do smallcap stocks deserve a bigger role in your portfolio and are you are prepared for the risks that come with them?

23 Sep 2026 3:05 pm
Bank strike September 2026: Why is there a strike, and on what days do banks open | FAQs

The immediate trigger for the bank strike is a government directive to implement a revised incentive PLI scheme that unions call unfair and unilateral, layered on top of longer-pending demands for a five-day work week, restoration of the Old Pension Scheme, and better pension terms for retirees.

23 Sep 2026 2:52 pm
Planning to buy a house? Here are the key numbers to calculate before you take a home loan

Before buying a house, buyers should calculate their sustainable EMI, down payment, existing debt, upfront costs and emergency fund rather than relying only on the loan amount a bank is willing to offer. 

23 Sep 2026 2:47 pm
Bought property below stamp duty value? ITAT ruling explains when tax may not apply

Buying property below its stamp duty value does not automatically mean the price difference is taxable. A recent Pune ITAT ruling clarified that the 10% tolerance limit can protect buyers from tax implications.

23 Sep 2026 2:15 pm
Railway NPS rules 2026: Families can now get up to 100% of an employees pay as pension after death in specified cases

New railway pension rules provide family and disability benefits to eligible NPS-covered employees in specified cases. Depending on the circumstances, families can receive 60% or 100% of the employees pay as pension, while disability cases may qualify for additional benefits.

23 Sep 2026 1:25 pm
Delhi MCDs new property tax drive: Drones to map buildings and spot discrepancies

The MCD has launched a pilot drone survey in two Delhi wards to identify unassessed and under-assessed properties and build a more accurate digital property database using GIS, LiDAR, AI and 3D modelling.

23 Sep 2026 1:19 pm
No social media? Bollywood's big names find other strategies to make impact, stay relevant

Bollywood stars Aamir Khan and Ranbir Kapoor opt out of social media, affecting film marketing strategies. Experts argue they can stay relevant through other channels, as limited engagement can enhance mystique and cultural relevance for films.

23 Sep 2026 12:43 pm
Have investments across mutual funds, stocks and FDs? Heres how to ensure your family can find them after your death

Your investments may be spread across banks, mutual funds, demat accounts, insurance policies and multiple apps, making them difficult for your family to trace after your death. Experts suggest maintaining a consolidated asset inventory, keeping nominations updated and having a will to help heirs.

23 Sep 2026 12:36 pm
8th Pay Commission: Why pensioners want 15-year commutation period cut to 11 years

8th Pay Commission: Bharat Pensioners' Samaj demands that the pension commutation restoration period be reduced from 15 to 11 years, citing an outdated 2006 actuarial table, following a Himachal Pradesh HC ruling calling for a fresh review of rates and life expectancy data.

23 Sep 2026 12:22 pm
Mint Explainer | What 20-year environmental clearances mean for Indias ports

The Centre has doubled the validity of environmental clearances for ports, harbours and related projects, while allowing two further five-year extensions subject to environmental scrutiny.

23 Sep 2026 12:01 pm
Montessori, Waldorf, or Reggio Emilia? Why specialized preschools cost up to 4 lakh a year

Indias premium preschools are selling specialized learning methods at a steep markup. What are parents actually paying forand can the spending be sustained through a childs education?

23 Sep 2026 11:40 am
Where should your emergency fund go? What to know before choosing an FD, savings account or debt fund

An emergency fund should prioritise liquidity and stability over returns. Santosh Agarwal of Paisabazaar explains how savings accounts, sweep-in FDs and debt funds can play different roles in an emergency corpus, and the risks investors should consider.

23 Sep 2026 10:31 am
Gold, silver prices today, 23 September: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

Gold and silver prices today, 23 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

23 Sep 2026 9:34 am
Taxman called a penny-stock gain bogus after 70,000 became 1.93 crore, heres what Mumbai ITAT said

The Mumbai ITAT deleted a 1.93 crore tax addition on Toyam Industries gains after finding that the taxpayer had produced a transaction trail but the Revenue had not shown specific evidence linking him to alleged price manipulation. 

23 Sep 2026 9:07 am
8th Pay Commission: 25 FAQs on latest updates, salary, pension, fitment factor and key dates

The 8th Pay Commission is reviewing salaries, pensions and allowances for central government employees and pensioners. Here are key FAQs on fitment factor, minimum basic pay, pension revision, DA merger, implementation date and upcoming consultation meetings.

23 Sep 2026 8:50 am
BHIM App rolls out MyUPI AI assistant for UPI support, mandate management and safety controls

BHIM Payments App has introduced MyUPI, an AI-powered assistant offering 24x7 support for UPI transactions, complaints, Autopay mandates and safety controls. Available in five languages, MyUPI also enables transaction replay, payee verification, UPI Number de-linking and fraud-awareness assistance. 

23 Sep 2026 7:31 am
Paid 4.53 lakh tax in Belgium but missed Form 67 in India? ITAT gives taxpayer another chance to claim credit

A Bengaluru ITAT ruling shows that missing Form 67 does not automatically extinguish a genuine foreign tax credit claim. A taxpayer who earned 14.42 lakh in Belgium and paid 4.53 lakh tax there was given another chance to prove his 3 lakh FTC claim despite a 1,687-day appeal delay.

23 Sep 2026 7:15 am
Public bond issues lose favour, companies' fundraising at 3-year low

Companies raised 3,898 crore through public bond issues between 1 April and 21 September, down from 4,740 crore in the year-ago period

23 Sep 2026 6:00 am
RBI, FinMin ask banks to ensure ATM cash ahead of UPI charges

The potential shift towards cash may come as banks' ATM networks have contracted over the years, even as digital payments continue to expand.

23 Sep 2026 5:31 am
Thinking about your next money move? Here's how crypto is gaining traction among Gen Z investors

Gen Z is emerging as a major crypto investor group in India, accounting for around half of new registrations in H1 2026. A new report shows that Indian investors bought around 7% more crypto than they sold.

23 Sep 2026 1:17 am
5 investment lessons from Kauilyas Arthashastra: Handling money in 2026 the Chanakya way

Chanakya's Arthashastra offers timeless insights into wealth and budgeting. Here are 5 investment lessons that are still relevant in 2026.

22 Sep 2026 11:48 pm
Form 141 for TDS: What taxpayers need to know about the new challan-cum-statement under the Income Tax Act 2025

Form 141 is the new unified challan-cum-statement for specified TDS transactions under the Income Tax Act 2025. Know who needs to file it, which transactions it covers, the applicable deadlines, and how to submit the form.

22 Sep 2026 11:39 pm
Indian households' savings mix shifts: Mutual funds and equity gain, insurance flows weaken what it means

Indian households financial savings mix is changing, with mutual funds seeing the sharpest rise in inflows over three years. Equity has also grown from a small base, while deposits remain the largest avenue. Life insurance and small savings have seen weaker or uneven flows.

22 Sep 2026 11:15 pm
NPS Vatsalya: Want to register a complaint? Here's how to access grievance redressal online Stepwise guide

NPS Vatsalya, allows parents or guardians to open and operate a pension account for minor(s) till they become an adult. Today we take a look at how the subscribers can access grievance redressal online.

22 Sep 2026 11:00 pm
Saudi Aramco plans reorganisation to create gas division, sources say

The move is in line with an existing strategy at Gulf state oil companies of offering outside investors pieces of their businesses while retaining operational control and largely avoiding opening up their main oil-producing divisions

22 Sep 2026 10:53 pm
Gifted assets to your spouse? Know when clubbing of income rules apply, who pays tax and how to report it in ITR

Gifted money or assets between spouses do not always shift the tax liability to the recipient. Under clubbing rules, income from assets transferred without adequate consideration can be taxed in the transferor's hands. Here's when the rules apply and what taxpayers should report.

22 Sep 2026 10:43 pm
How 40% hike maintenance charge at Noidas Cleo County society triggered multiple protests but can AoA do so? Know rules

A 40% CAM hike at Noidas Cleo County has triggered resident protests, bringing renewed focus on maintenance costs, fund transparency, apartment associations and the long-running struggle over management handovers in gated housing societies.

22 Sep 2026 10:18 pm
EPFO: How to file nomination for your provident fund account online? Who can be nominee? Check steps here

EPFO: Members can add nominee(s) for their provident fund account either online or offline. Here's the top FAQs, eligibility and stepwise guide to file e-nomination and who is considered a valid nominee. 

22 Sep 2026 9:33 pm
Specialised Investment Funds: Quant leads six-month returns at over 34%; how other equity and hybrid strategies fared

Specialised Investment Funds (SIFs) are gaining traction, with some strategies delivering strong returns despite the category being relatively new. Quant Mutual Funds qsif led the six-month return chart with a 34.78% gain, while equity-oriented SIFs posted mixed one-month returns. 

22 Sep 2026 9:03 pm
What's 'Egg-Selling Mindset' in business? Check unique financial lessons from Power of the Jewish Intellect

The story of Mr Cohen and his four sons illustrates varying investment strategies. From traditional saving to advanced leveraging and collaboration, this shows that a financial mindset and creative use of resources drive wealth.

22 Sep 2026 8:54 pm
India, Opec discuss oil market stability, seek closer energy ties

The meeting between Opec and India comes amid heightened uncertainty in the global energy market, with the war in West Asia adding to oil supply concerns.

22 Sep 2026 8:02 pm