Tata Sons, now debt-free, has asked the RBI to drop its 'upper-layer NBFC' tag and allow it to stay private.
Breakthroughs in Artificial Intelligence and allied deep technologies are boosting productivity, efficiency and human potential to unimaginable levels, Reliance Industries chairman Mukesh Ambani said on Friday describing the "miraculous power" of AI as new 'kamdhenu', the divine wish-fulfilling cow.
'Most tax notices arise not from wrongdoing, but from unintentional mismatch or ignorance.'
The Kerala High Court has criticized the Kerala Waqf Board's claim on land in Munambam as a 'land grabbing tactic' and upheld the government's decision to appoint an inquiry commission to investigate the ownership of the disputed area.
Among Sensex firms, NTPC, Axis Bank, Power Grid, Bharti Airtel, Eternal and Sun Pharma were the major gainers. However, Infosys, Titan, UltraTech Cement and Hindustan Unilever were among the laggards.
The RBI advisory follows a labour ministry request earlier this year seeking the central bank's expertise to identify gaps in EPFO's investment strategy and fund management practices, including accounting, risk management, and internal governance.
The BCCI Annual General Meeting (AGM) at the end of September will be an interesting affair with a few top posts, including that of president and IPL chairman, up for grabs.
'As we get older, our health risks increase, and this makes health insurance significantly more expensive for seniors.'
The contrast with the old Income-Tax Act is stark. The 1961 law ran into 512,000 words; the 2025 one pares that down to 259,000. Chapters have been cut from 47 to 23, while sections have reduced from 819 to 536. One of the clearest changes is terminological. The confusing twin concepts of 'assessment year' and 'previous year' have been scrapped.
ETS introduces adaptive TOEFL, fairness protocols and faster scores to ease global students' stress and test anxiety.
Most think tax-saving deductions exist only in the old regime. But the New one quietly retains 40+ ways to ease your tax load
It was exactly 35 years ago -- on August 14, 1990 -- that a 17-year-old Sachin Tendulkar scored the first of his 100 international centuries.
'Sandbagging' means a player deliberately losing his games, along with it his rating points, so as to play in a lower rated player tournaments and win cash prizes.
'This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.'
The Congress party has criticized Prime Minister Narendra Modi's handling of GST reforms, calling them inadequate and demanding an apology for the tax imposed on essential items. They argue that the reforms are merely a 'band-aid' solution and that the government should address the states' demand for extended compensation.
'Legally clean farmland is difficult to find. It requires time, money, and legal effort to verify the title.'
India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to $3 per day.
When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Over the years there has been an influx of fund managers - they could earn big if they succeeded on their own - and alongside there are wealthy clients looking for an edge beyond that offered by traditional mutual funds.
Vijay, despite the loud message from his delayed arrival at the road-show/stampede venue, and more so his continued inaccessibility for fans-turned-cadres after graduating from a super-star to a political party leader with electoral ambitions, refuses to change. Or, so it seems, observes N Sathiya Moorthy.
'This escalation was definitely not part of Gen Z's plan. It seems now that these external forces were keenly observing the initial developments from the sidelines and jumped into the fray, taking advantage of the situation, finding that the time was suitable for such acts'
'In consultations, several stakeholders, including athlete representatives and smaller federations, highlighted that overly restrictive eligibility rules tended to entrench incumbents and limit opportunities for fresh leadership.'
The average Indian fraudster isn't an outsider exploiting security loopholes. He's usually a man between 26 and 45 years of age, working in operations or procurement, with more than six years at the organisation.
Since items in the 12% category account for only about 5% of total GST, the additional boost to consumption may not be significant, points out M Govinda Rao.
Started as a pilot project for Delhi, the new system will automatically convert into FIRs cyber financial crimes filed on the National Cybercrime Reporting Portal (NCRP) and helpline number 1930, initially above the threshold limit of Rs 10 lakh, he said.
'If a charitable or religious trust sells a capital asset -- such as land, buildings, shares -- and makes a capital gain, it can avoid paying tax on that gain if it reinvests the proceeds in another capital asset for its charitable purposes.'
Institutional investments in Indian real estate are estimated to decline 37 per cent to $3.06 billion during the first half of this year on global economic uncertainties, according to JLL. Real estate consultant JLL India data showed that institutional investments in Indian real estate are likely to fall to $3.06 million in the January-June period this year as compared to $4.89 billion in the year-ago period.
The year 2024 was not only the hottest year on record but also the first to breach 1.5C above the 1850-1900 baseline.
India all-rounder Shardul Thakur on Thursday lauded Rishabh Pan't "unmatched" courage and pain threshold after the latter came out to bat on day two of the fourth Test against England with a broken foot.
Think again. Not filing could cost you. Here's who must file, who should, and why it matters. What's more, the deadline to file your ITR has been extended till September 15, 2025
'Looking at how quickly the hostilities were escalating, the nuclear threshold did not seem that far.'
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
The only case where there could be a change in insurance payout is if Air India's management were found to be aware of the accident and the accident was deliberate.
'The increase in the limit for TDS on interest to Rs 1 lakh will ensure greater cash flow in the hands of senior citizens.'
The BJP's constitution mandates that the party should complete the process of electing block, district and state chiefs before it elects its national president.
"There is bound to be revision," the top court said, "otherwise, how will the poll panel delete the names of those who are dead, migrated or shifted to other constituencies?"
A special NIA court is likely to deliver its verdict in the 2008 Malegaon blast case, which killed six persons and injured over 100. Seven accused, including Pragya Thakur and Prasad Purohit, face charges under UAPA and IPC.
Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for Tax Deduction at Source (TDS) on interest income for senior citizens to Rs 1 lakh, and also increase the threshold to Rs 6 lakh on rent from the current Rs 2.4 lakh.
Rajeev Shukla is set to replace Roger Binny as BCCI president in an interim capacity after the latter turns 70 next month.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
Taxpayers required to file ITR-2 or ITR-3 can now download the Excel utilities from the I-T department's e-filing portal, fill in their details offline.
