A growing conflict between India's insolvency law and tax rules is creating fresh uncertainty for companies undergoing resolution, with tax authorities increasingly denying the benefit of carrying forward past losses even after resolution plans have been approved by the National Company Law Tribunal (NCLT).
IndiGo, India's largest airline, reported a net loss of Rs 2,536.9 crore in the March quarter of fiscal year 2025-26, primarily attributed to a significant foreign exchange loss of approximately Rs 8,100 crore, the impact of December flight disruptions, and expenses related to new labour laws.
Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.
About 45 km from the tech hub of Bengaluru, the Karnataka government is planning a mega artificial intelligence (AI)-powered city with a budget of more than Rs 18,000 crore. To be spread over 9,000 acres, the project aims to follow the theme "Work, live, play" with technology as its core. At the centre of it are, however, thousands of farmers who are protesting against land acquisition by the government.
"Taxpayers with income from shares, mutual funds, crypto, ESOPs, or derivatives often incorrectly use ITR-1 instead of ITR-2 or ITR-3."
The Motor Accident Claims Tribunal (MACT) in Thane has awarded a compensation of 64.75 lakh to the family of a Pune-based businessman who died in a road accident in 2022.
As India marks a decade of the Goods and Services Tax (GST), the focus is shifting towards enhancing efficiency through artificial intelligence, data sharing, and process simplification. The reform, which unified India's indirect tax system, has significantly broadened the tax base and boosted revenues, with future plans including a streamlined two-tier rate structure and continued technological integration to reduce compliance costs and combat evasion.
Indian companies recorded their highest profit margins in 21 quarters during Q4FY26, reaching 11.3 per cent, primarily due to significant savings from lower employee costs and reduced interest payments, which offset rising raw material prices.
Indian insurance companies are bracing for reduced profitability in Q4FY26, primarily due to the rationalisation of GST on retail life and health policies, leading to a loss of input tax credit, coupled with volatility in equity markets impacting investment income.
The Motor Accident Claims Tribunal (MACT) in Thane has awarded 7.76 lakh in compensation to a man who suffered permanent disability after being injured in a roadside accident in 2015. The tribunal rejected the insurer's claims of contributory negligence and breach of policy conditions.
Indian companies are increasingly turning to share buybacks as a preferred payout strategy, driven by recent tax framework changes that make them more tax-efficient for non-promoter shareholders and a fall in stock prices.
'Healthcare costs in India rise by 10 to 14% annually, causing treatment costs to double roughly every 5-7 years.'
History is rarely decided by who has the biggest weapons, but by who has the better process. The same rule applies to investing, says Ramalingam Kalirajan.
ICICI Bank reported a 9.28 per cent increase in its consolidated net profit to Rs 14,755 crore for the March quarter of FY26, primarily driven by a nearly 90 per cent reduction in provisioning. The bank's executive director, Sandeep Batra, noted strong asset growth but expressed caution regarding the geopolitical situation in West Asia.
'Existing investors who have not acted so far may consider holding on to these funds with the understanding that the higher returns they expected from them may now take longer to materialise.'
FMCG major Hindustan Unilever Ltd (HUL) reported a 21 per cent increase in its March quarter consolidated net profit, reaching Rs 2,994 crore, primarily driven by higher volumes and a significant gain from the divestment of its stake in Nutritionalab.
The Motor Accident Claims Tribunal (MACT) in Thane has awarded 47.28 lakh in compensation to a man who sustained severe injuries and physical disability after being struck by a speeding motorcycle in 2017.
India's first trillion-dollar company will be built on technology it owns, not just operates, predicts Ajay Kumar.
The ongoing conflict in West Asia is severely disrupting Bikaner's food exports, causing delays, rising costs, and impacting the supply of popular snacks like bhujia and papad to Gulf and European markets.
The tax is collected by brokers on behalf of the government and forms a key component of the Centre's tax revenues.
The Motor Accident Claims Tribunal (MACT) in Thane has awarded 24.05 lakh compensation to the family of a tanker driver who died in a road accident in 2010. The insurance company's claim that the petition was time-barred was dismissed.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
From a modest salary to Rs 1 crore, here's Ramalingam Kalirajan's smart compounding blueprint for young earners
The majority of investors fail to reach their financial goals, even if they started with a well-defined financial strategy. This isn't just about market volatility; it's a complex interaction of factors that include human psychology, inconsistent habits and lack of proper monitoring.
The majority of investors fail to reach their financial goals, even if they started with a well-defined financial strategy. This isn't just about market volatility; it's a complex interaction of factors that include human psychology, inconsistent habits and lack of proper monitoring.
We will explore some of the reasons why a stock-only portfolio may no longer be sufficient and some of the modern alternatives and strategies that can help investors build resilient and profitable portfolios.
The country's largest airline IndiGo on Tuesday reported a loss of Rs 2,582.10 crore in the September quarter as higher forex losses and expenses impacted the bottom line, and it expects to induct the first long range Airbus A321 XLR aircraft in December. The airline, which had a loss of Rs 986.7 crore in the year-ago period, said hedging actions and more revenues in foreign currencies from international operations will help cushion the currency movements.
'It is too early to conclude that there will be a bloodbath, that there will be no jobs, and that there will be civil unrest.' 'Let's calm down.' 'AI is a tool, it is not a weapon, it is not a virus.'
FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a two-fold jump in consolidated net profit to Rs 6,603 crore in the December quarter of FY'26, on a year-on-year basis, driven by a one-off positive impact from the demerger of its ice cream business.
This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.
Concerns have emerged about the impact of AI adoption on young workers, particularly those seeking their first job in high-skilled occupations.
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.
This single amendment, unfortunately, overshadows much of the Budget's promise, explains Harsh Roongta.
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
Iran is fighting a different war: Older, slower, and in some ways more dangerous. Iran doesn't need to shoot down an F/A-18. It only needs to make the Strait of Hormuz feel dangerous long enough for insurance markets, shipping companies, and oil futures traders to do the rest. Prem Panicker continues his must-read daily blog on the war in the Middle East.
'Sebi's measures are necessary to align the derivatives market with its underlying cash market, as the current disconnect is unsustainable.'
'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'
Ask rediffGURU Reetika Sharma your insurance, mutual fund and personal finance-related questions.
'For those in for the long haul, this is a God-given opportunity.' 'Your market is falling despite strong fundamentals, and such a clear roadmap has been announced.'
Young earners with high incomes and few responsibilities can save more than 30 per cent, while those with low salaries and high expenses may save less.
