The overhaul of the GST rates is seen as the start of kick-starting the next wave of reforms in the country. The government seems to be in a clear overdrive to boost consumption and the overall economy. As the economy is looking at tackling the steep 50% Trump tariff that came into effect on August
The last date for filing Income Tax Return (ITR) is 15th September 2025. If you have not calculated your tax till now, you can calculate your income tax liability. Most taxpayers find it difficult to assess their exact tax liability and deductions available to them. In such a situation, online tax calculators are the easiest
Food delivery majors Zomato and Swiggy have begun experimenting with higher platform fees in select markets, tweaking charges depending on demand patterns, according to industry sources. The flat Rs 10 levy that both have imposed since October 2024 is now being tested at Rs 12 for Zomato and Rs 12.70 for Swiggy in some locations.
The action across the primary market just got more hectic after the Securities and Exchange Board of India (SEBI) approved 13 IPOs. Of this long list, the five major companies that are set to raise funds include- boAt parent company- Imagine Marketing, Urban Company, Juniper Green, Jain Resource Recycling, and Mouri Tech. These firms will raise
The wait for the income tax refund has been long for many taxpayers across the country. The Income Tax Department website shows that around 1.23 crore income tax returns so far are yet to be processed. Out of 3.98 crore income tax returns, around 2.74 crore ITRs are processed as of August 31. The last
Smart wearables and hearables maker Boult recently branded itself as GOBOULT. Co-founder Varun Gupta, in an interaction with S Shanthi, explains the reasons behind the move, the company’s AI-first approach, offline and international push, revenue goals, and IPO roadmap. Excerpts: Q. You have recently re-branded to GOBOULT. Why now? We have been around for eight
With fundraising from companies happening at a fast pace, JM Financial has been actively working with many firm and has helped raise Rs 4,650 crore qualified institutional placements (QIP) this year. Neha Agarwal, MD & CEO, Equity Capital Markets (ECM) at JM Financial Institutional Securities said the future pipeline is very strong peppered with initial
The deadline to file income tax returns (ITR) for the financial year 2024–25 (AY 2025–26) is closing in fast. The government had extended the due date from July 31 to September 15. But it is wise to not wait until the last minute to avoid both technical glitches on the income tax portal and errors
The deadline for filing Income Tax Return is fast approaching and many taxpayers across India must still be rushing to file their ITR for FY 2024-25 (AY 2025-26). While the e-filing system has simplified tax submissions, last-minute filings often lead to errors. These errors can result in penalties, delayed refunds or in some cases, even
Adani Power and Bhutan’s state-owned generation utility, Druk Green Power (DGPC), on Saturday signed an agreement to set up a 570 MW Wangchhu hydroelectric project in the Himalayan kingdom of Bhutan. The Wangchhu project will see an investment of about Rs 6,000 crore in setting up the renewable energy power plant and related infrastructures. ALSO
The Indian equity market continues to underperform EM peers for the second straight week. The Nifty is stuck in a tight range below the 25,000 mark. The story is not very different if you track the Sensex, either. On a 12-month basis, the MSCI India Index is down 10% compared to the MSCI EM Index
Health insurers may need to raise premiums by 3–5% to offset the loss of input tax credit (ITC) after the full GST exemption on individual life and health policies, Kotak Institutional Securities said in a report. The brokerage noted that despite a possible price hike, customers would still benefit from a 12–15% reduction in prices
The tax reforms unleashed by the government has missed an important segment of fast-moving consumer goods (FMCG), namely, detergents. The Rs 45,000-crore category, among the largest FMCG segments in India, continues to attract an 18% GST. There has been no rationalisation of tax there, even as some other daily-use items such as soaps, hair oils
