When paying income tax in India, your residential status plays a vital role under the Residential Status Income Tax Act. It doesn’t matter whether you are an Indian citizen or a foreign national. How long you have stayed in India during a financial year and in the past few years matters.
India’s fast-moving consumer goods (FMCG) and consumer durables sectors are both showing signs of a positive turnaround. A recent report by ShriRam Mutual Fund paints an encouraging picture, especially for the first half of the financial year 2025-26 (H1FY26). After a period of mixed performance, both sectors are expected to benefit from favorable market conditions, rural demand recovery, and stable inflation levels.
One small but powerful tool salaried individuals often overlook when saving money on taxes is the Income Tax Rebate Section 87A. If you’re confused about tax-saving options, whether you’re exploring the old or new tax regime or even if you’re just learning how to file ITR online, understanding Section 87A can help you lower your tax liability smartly.
Paying your taxes is essential, but receiving an income tax notice can feel nerve-wracking even if you’ve done everything right. If you’ve recently received a communication from the Income Tax Department, don’t panic! Most notices are routine, and with the latest income tax notification, checking and authenticating have become much simpler. In this article, we’ll guide you through what an income tax notice is, common reasons why notices are issued, and steps to authenticate an income tax notice.
As March closed this year, many businesses nationwide fulfilled a familiar annual obligation: paying their income taxes. For some, it was a routine they’ve followed for years; for others, it marked a first step into financial responsibility.
In the fast-paced world of financial markets, volatility is often the only constant. On May 8, 2025, a convergence of geopolitical events, including renewed Indo-Pakistan military tensions and escalating global tariff conflicts, created a trifecta of turbulence that impacted markets across India and Asia. From a sharp spike in India’s VIX index to fluctuations in gold prices and a surge in Asian currencies, investors were forced to reassess risk and reallocate assets rapidly.
For most of us, dreams are brewed over chai and gupshup in the office canteen, right? They’d often begin with: “Guys, let’s do something big!” But the idea would fizzle out by the weekend.
In a development that has raised eyebrows across global financial markets, credit rating agency Moody’s Investors Service has revised India’s GDP growth forecast for 2025 from 6.5% to 6.3%. The downgrade, though modest in numerical terms, signals deeper economic undercurrents—ranging from geopolitical tensions with Pakistan to trade policy uncertainty in the United States.
Alphabet Inc., the parent of Google, saw its stock tumble by more than 7% on Wednesday, erasing around $150 billion in market value. The sharp drop came after reports revealed that Apple is considering integrating artificial intelligence-powered search options into its Safari browser — a move that could fundamentally shift the balance in the search engine market and hit Google where it hurts most: its dominance on Apple devices.
After over two years and 13 negotiation rounds, India and the United Kingdom signed a historic Free Trade Agreement (FTA), marking a milestone in post-Brexit UK’s global trade realignment and India’s strategic economic diplomacy. This deal, billed as mutually beneficial, will see tariffs slashed or eliminated on a wide array of goods and services, covering industries from automobiles and spirits to textiles and IT services.
