Banking And Finance
EPFO portal upgrade: What changes for EPF members, what happens to existing claims, when you can file a new claim
From Friday, June 26, services on the Employees’ Provident Fund Organisation’s member portal, employer portal and the Umang app have been unavailable. According to the provident fund body, the temporary…
Mumbai IT employee hit with ₹3.36 lakh tax demand after employer fails to deposit TDS — here’s what happened next
Most salaried employees assume that once TDS is deducted from their salary, the tax has been duly paid to the government. However, problems can arise if the employer deducts the…
Gifted money to your wife and she invested it in FD, gold or shares? The income may still be taxable in your hands
Transferring money to your spouse may seem like a smart move to reduce your tax liability but the income tax law sees through it. For instance, if you transfer funds…
How this doctor earning ₹1.51 crore annually amassed investments worth ₹11.32 crore
For 29-year-old Eric Chan, medicine and aviation have always gone hand in hand. Now, after completing his family medicine residency, he is preparing to combine both interests by training as…
Market
Six of top-10 most valued firms gain ₹88,678 cr in market value last week; ICICI Bank biggest winner
The combined market valuation of 6 of the top-10 most valued companies went up by ₹88,678.1 crore in a holiday-shortened last week, with ICICI Bank emerging as the biggest winner.…
India eyes discounted Iranian oil after US sanctions waiver
India is keen to take advantage of the 60-day US sanctions waiver on Iranian oil by resuming imports of discounted crude from Tehran, although some refiners may wait to see…
Markets ahead: Fresh tensions in West Asia, crude price movement key factors to watch out this week
Developments on the geopolitical front, with the latest military exchanges involving the US and Iran, their impact on crude oil prices and domestic macroeconomic data announcements would dictate sentiments in…
Gold, silver may face a tough week ahead. Here’s what analysts are saying
Gold and silver are likely to remain under pressure next week as investors assess the impact of renewed hostilities between the US and Iran, movement in crude oil prices and…
Market
ITC shifts growth strategy to manufacturing, agriculture and distribution
has outlined a new growth blueprint centred on manufacturing, agriculture and distribution, signalling a strategic shift beyond consumer brands as the company’s primary source of competitive advantage. According to its…
ITC bets on digital rural services, life sciences and sustainable materials as next growth engines
ITC’s next phase of growth may not come from another biscuit, shampoo or cigarette brand. Instead, the company is using decades of expertise in agriculture, tobacco science and fibre technology…
Tesla knocks Delhi government’s door for incentives in EV Policy
Elon Musk’s electric car company, Tesla, is understood have raised concerns to the Delhi government about its draft Electric Vehicle (EV) policy. The policy gives incentives for green cars but…
Persistent eyes $5 billion annual revenue by 2031 with mega Nagarro buyout
Persistent Systems Ltd is looking to anchor its long-standing European ambitions and hit a $5 billion revenue target by March 2031 through its largest-ever acquisition, German digital engineering firm Nagarro.…
Axis
