The Income Tax Department is now cracking down on individuals and entities that facilitate fraudulent deductions and exemption claims in their ITR filings. The department directed the individuals to file the correct particulars of their income and communication coordinates.

DGCA's directives have come two days after the Aircraft Accident Investigation Bureau issued the preliminary report on AI-171 crash on 12 June soon after taking off from Ahmedabad for London, killing 241 on board.

Advertising slots for the new iteration of Kyunki Saas Bhi Kabhi Bahu Thi are selling for 3.5 lakh-4.5 lakh per 10 seconds, and commanding a 75% premium over Star Plus long-running, leading show Anupamaa.

New no-limit health plans offer unmatched coveragebut questions remain on sustainability, claims support, and long-term value.

Capital markets regulator is set to engage with You Tube, Meta and telegram to crack a whip on unregistered investment advisors

Filing ITR for FY 2024-25 comes with common misconceptions that may lead to penalties or delays. This article debunks key income tax myths and highlights essential compliance requirements.

This scheme, originally launched in 2016, has been relaunched, and so far benefitted 88,000 employers. It is open till the end of this year

Q1FY26 is expected to be a muted quarter with most banks juggling with many adversely moving aspects such as slowing advances growth, margin pressure from consecutive repo rate cuts, said analysts

India's tourism sector is experiencing a robust recovery, with 9.23 million foreign tourist arrivals in 2023, up from 6.44 million in 2022. The government aims to reach 100 million tourists by 2027, with significant growth in domestic travel and increased infrastructure investment needed.

The income tax department has released the utilities for ITR forms 2 and 3.

The recent spate of scrutiny notices from tax authorities highlight the need for meticulous reporting and compliance while filing tax returns. Avoid unwanted audits by understanding the triggers for such tax scrutiny.

The cardholders received calls from scammers who posed as officials from telemarketing department of bank and asked them to share the bank details so that new card could be issued to them.

Credit card reward points can be donated through a platform like Points for Good. You can choose the organisation and cause/project for donation and earn good karma.

A unified process of accepting and issuing licences would allow companies such as Ola, Uber and Rapido to enter new markets more quickly, supporting growth and innovation.

You can gift your NRI son money to invest in ETFs without tax, but beware of TCS if the amount exceeds 10 lakh under LRS. A gift deed and proper documentation are strongly advised.

Here is a set of lesser-known Income Tax sections that are often overlooked by taxpayers. Exploring them before filing the return could help in significant savings.

Brands are shifting their endorsement strategies due to the inconsistent performance of Bollywood films, opting for south Indian stars, influencers, and sports icons for better ROI and cultural relevance.

The alleged 450 crore TBVFL loan scam highlights major financial red flags in bank loan fraud, underlining the need for borrowers to verify lenders, monitor disbursals, and safeguard their credit identity.

UPI payments linked to credit cards create opportunities for rewards on regular expenses. Users must be mindful of card compatibility and potential risks associated with credit, emphasizing the need for informed financial decisions.

Before taking a personal loan via app, borrowers must check for RBI regulation, hidden fees, data access permissions, poor reviews, and absence of customer support to avoid potential financial distress.

Only 629 GIFT applications and four SPICE applications have been approved till June, data on the Union MSME ministrys performance smartboard showed.

Bank holiday today: Are banks in Meghalaya closed today, on July 14, for Beh Deinkhlam celebrations?

Thermal power plants outside a 10km radius of cities with a population of 1 million people or more will be excluded from the requirement to install FGD systems.

Income Tax Return: India's IT refunds have jumped 474% to 4.77 lakh crore in the last 11 years, exceeding the growth of gross tax collections. The number of days taken to issue ITRs to the people decreased to 17 days in 2024. 

If shares are inherited or received by will, the HUF is entitled to the original cost and holding period benefits under capital gains provisions.

Simple periodic rebalancing strategies outperform bucket strategies because they not only avoid selling equity at market bottoms but also actively buy equity when valuations are low.

Bootstrapped creative agency Wit and Chai is scaling fast through acquisitions, UK expansion, and a no-frills, results-driven approach. The founders now want to build a 200 crore business by rethinking what an agency should do and look like.

The Supreme Court's directive on Thug Life reinforces the need for states to protect lawful film releases against threats. Stronger enforcement and support from local authorities will ensure that judicial orders are respected and prevent extra-judicial bans on films.

The plan is to get domestic companies to provide insurance cover to Indian ships, which now depend on global clubs for securing ships and cargoes, says shipping secretary T.K. Ramachandran.

Getting access to bank lockers usually comes with long waitlists and in some cases banks ask investments in insurance or fixed deposits to make lockers available. Gold overdraft can give you access to banks vaults, but there are some caveats

The Indian government issued a clarification fact-checking a message floating around social media, on 12 July 2025, that the RBI asked banks to stop disbursing 500 notes from ATMs by September 2025. 

Indian farmers are increasingly focusing on lucrative crops such as moringa and white onion as international demand for their derivatives surgetransforming traditional agricultural practices along the way.

8th pay commission: What is it? When is the hike likely to be implemented? Who will benefit? How much will government employees get? All your questions answered

Lisa Verbit has financed loans for wealthy clients to buy elite boats for more than 35 years. She tells Barrons about the changes shes seen in her business.

Bank holidays next week, July 13-20: The month of July has seven bank holidays, besides the Saturdays and Sunday weekly offs check the full schedule here

The 8th Pay Commission, approved by the Union Cabinet, aims to revise salaries for over a crore central government employees and pensioners. Recommendations are expected to be implemented by FY27.

The AAIB preliminary report on Air India AI 171 plane crash only dwells over the fact and in most cases does not point to the WHY and HOW of the crash, rather looking at WHAT. The rest is part of the investigation which takes longer.

Banks across India remain closed on second and fourth Saturdays of the month in accordance to the RBI bank holiday calendar. Apart from this, there are bank holidays on every Sunday.

In the cockpit voice recording, one of the pilots is heard asking the other why did he cutoff. The other pilot responded that he did not do so

India has approved a key reform allowing the transfer of participating interest among existing partners in oil and gas contracts through management committee approval, eliminating the need for prior government consent.

Only four non-financial corporates have raised funds via public debt issues in the last three financial years. Experts say the market will continue to be dominated by NBFCs

The online process could hurt pharma exports, Pharmexcil said, even as drugmakers face slower approvals and increased scrutiny in foreign markets. 

The decision follows a sunset review initiated by the directorate general of trade remedies on 27 March this year, after the domestic industry sought continued protection against low-priced imports from Malaysia.

8th Pay Commission: The Union Cabinet approved the 8th Pay Commission to revise salaries for central government employees. The commission, typically formed every decade, uses a fitment factor for salary adjustments based on inflation and other factors.

West Bengal gears up for rare earth mining in Purulia

James Gunn and Peter Safran from DC studios promised to reinvent the adventures of your childhood hero Superman and make July the month for a new Man of Steel. Its an action packed, superhero and supervillain packed film which is so dizzying that you dont have time to want a more solid story.

Should you buy, lease, or rely on cabs? Finology Research Desk answers that question by calculating the effective cost per kilometre over 5 years. NowSo, you can decide to buy, rent, or simply call a cab, backed by real numbers and practical scenarios.

Borrowing from friends to repay personal loans can strain relationships and worsen financial stress. This article explores risks, rising defaults, and better alternatives to manage personal loan repayments.

Understanding and avoiding common credit card rejection reasons can enhance your credit profile and financial future.

Personal loan part payments can benefit your credit score and ease financial burdens. However, they should complement regular EMIs and not replace them. Strategic loan part-payments can improve credit profiles while minimising debt.