The 8th Pay Commission has now turned into one of the most talked-about topics among central government employees and their families. This is because the Commission’s consultation phase is currently…
Category: Banking And Finance
Got this HR email on salary reimbursements? It could help you save more tax
Did an email from HR land in your inbox asking you to opt for or reset salary reimbursements before a deadline? The one that lists conveyance, phone bills, food vouchers,…
Microfinance sector returns to growth after 11 quarters of contraction, loan portfolio rises 5.3%
Kolkata: The microfinance sector turned the corner in the January-March period, after 11 quarters of intense portfolio contraction and heavy write-offs amid severe stress and operational challenges that caused the…
Tata AMC launches Titanium equity long-short fund under SIF; key features, risks explained
Tata Asset Management has launched the Titanium Equity Long-Short Fund under its Specialised Investment Fund (SIF) platform on 27 April 2026. This will be an actively managed fund that aims…
Income tax rules for senior citizens in FY27: What’s new and what stays the same
From April 1, 2026, filing taxes just got easier for elderly taxpayers! With the introduction and expansion of Form 125, senior citizens, eligible individuals can now entirely avoid filing ITR.…
AU Small Finance Bank files for final universal bank licence
Kolkata: has made the final application for universal banking license in March after the relaxed the requirement to set up a for the transition, executive director Vivek Tripathi said. “Our…
Apple’s forgotten co-founder sold his 10% stake for $800 in 1976. That stake could be worth $400 billion today
Ronald Wayne, the third and largely forgotten co-founder of Apple, says he has no regrets about selling his 10% stake in the company for $800 just 12 days after signing…
Govt reviews divestment plans, IDBI Bank stake sale
Banikinkar Pattanayak New Delhi: The government on Monday reviewed its disinvestment strategy, including the strategic sale, as weak investor interest and market volatility amid the West Asia war has cast…
Dearness Allowance: Is DA in salary subject to income tax? Is it part of CTC? Check latest FAQs here
The Finance Ministry last week announced 2% hike in Dearness Allowance (DA) for central government employees and pensioners (including railways and defence personnel), effective from 1 January 2026. This effectively…