Curated financial, regulatory, and tax updates
Taxpayers filing ITR-3 or ITR-4 should carefully review key schedules and reconcile income, turnover, and TDS to avoid common filing errors. Here are the key schedules, documents, and changes to know for AY 2026-27.
Indian employees abroad and foreign nationals in India face different provident fund rules from those of regular EPF members. International Workers are defined as those in countries with social security agreements.&n...
The ITR-4 deadline is approaching for taxpayers using presumptive taxation. Sections 44AD, 44ADA and 44AE offer simplified tax rules for eligible businesses, professionals and goods-carriage operators. Here’s who can o...
Under the arrangement, Axis Bank will issue standby letters of credit to support financing provided by Citigroup through its offshore operations
Working abroad or hiring a foreign national in India? EPFO’s International Worker rules can change how much you contribute, when you can withdraw EPF and how social-security benefits work.
NRIs should compare currency, cost, risk, tax treatment and the payout mechanism before choosing between Indian and GIFT City products.
EPFO has highlighted six key differences between EPF and equities, from employer contributions and stability to tax and social-security benefits
NRIs may be exempt from mandatory PAN-Aadhaar linking if they qualify as non-residents under income-tax law. Here is what to do if an NRI’s PAN still shows as inoperative and how to update the status.
The rupee traded in a narrow range and rose 7 paise to 95.64 against the American currency in early trade on Monday, supported by a softer US dollar, but simmering geopolitical tensions kept it from making strong gains. ...
Agricultural land is generally not a capital asset unless it falls within urban limits. If taxable as LTCG, Section 54F may allow a deduction for reinvestment in a house, the expert said. 
Urban Company has sued Kent RO in the Delhi High Court over ads calling its Native water purifiers unsafe and risky. Kent told the court it would remove the disputed ads and social media posts within 15 days.
Agricultural land is generally not a capital asset unless it falls within urban limits. If taxable as LTCG, Section 54F may allow a deduction for reinvestment in a house.
Confused between ITR-3 and ITR-4 for AY 2026-27? The Income Tax Department has shared a quick checklist to help taxpayers identify the right form based on their income, taxation method and other conditions. Here’s what...
Commerce and Industry Minister Piyush Goyal is leading a 200-member business delegation to Japan for a four-day visit starting August 24 to discuss ways to boost trade and investment ties between the two countries. The v...
Resident accounts are designed for individuals residing in India. While NRIs and PIOs are barred from holding them, Overseas Citizens of India may do so under specific regulatory circumstances
The Petroleum Ministry has asked states and Union Territories to provide district-level administrative support to accelerate the shift of households from LPG to piped natural gas (PNG), seeking appointment of nodal offic...
The MNRE Secretary stated that India would require 30 GW of polysilicon manufacturing capacity addition to secure its energy needs and ensure manufacturing resilience.
India's forex reserves jumped USD 9.905 billion to USD 716.907 billion during the week ended August 14, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week ended August 7, the overall kitty had...
In August, the government told the Lok Sabha that the ethanol blending programme had helped save around ₹2 lakh crore in foreign exchange. However, Opposition leaders, including Rahul Gandhi and Arvind Kejriwal, have l...
HDFC Bank has raised USD 1.75 billion through overseas bonds to fund its business growth. HDFC Bank , acting through GIFT City Branch, has completed the issue of USD 1.75 billion in senior unsecured bonds, the bank said ...
NRIs can add eligible resident relatives to FCNR(B) accounts, but the 'Former or Survivor' rule and other conditions apply
At the interbank foreign exchange, the rupee opened at 95.69, then rose to 95.65, higher by 9 paise from its previous close
The rupee gained 9 paise to 95.65 against the US dollar in early trade on Friday, supported by the weakening of the American currency in the overseas markets. Forex traders said for India, a softer dollar is being offset...
The Tata group has held together so far; but the conflict of social values with capital valuations are now showing up in its structure. To reconcile them and enable the group to raise capital while adhering to Tata’s h...
Trisha Prabhu created ReThink, a mobile keyboard preventing cyberbullying by prompting users to reconsider offensive messages. This initiative grew into a global non-profit organization supporting millions of students w...
Delaware proclaimed August 15, 2026, as India Day, joining New York and New Jersey. Governor Matthew Meyer highlighted the growing Indian-American community's contributions to Delaware. New Jersey Governor Mikie Sherrill...