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The income tax return due date for most taxpayers is July 31, 2026. Late filing incurs penalties and addition interest if you have unpaid taxes. Check all other consequences of missing ITR due date here.

ITR filing is now becoming increasingly paperless, but taxpayers must securely retain key digital tax documents. A tax expert explains which records to preserve, why backups matter, and how organised digital files can help during tax verification, assessments and future income tax notices.

Indias wellness boom was built on the back of bold claims about the health benefits of various products. Now, following a regulatory crackdown, the makers of those products are becoming more circumspect.

The Supreme Court appointed former Supreme Court judge Justice L Nageswara Rao as the mediator in the case and urged the two parties to make one last attempt to bury the hatchet amicably.

Dearness Allowance is a percentage of employees' pay aimed at helping households manage the increased cost of living. For calculation purposes, it is separated into two categories: industrial and variable DA.

While direct plans make up 77.7% of institutional investors' mutual fund AUM, the corresponding share for individual investors is just 30%. Experts say the gap is driven by the need for professional advice and investor behaviour. 

Despite a surge in generic semaglutide options, recent data indicates that market dynamics are shifting, affecting sales forecasts and patient onboarding rates. 

Your provident fund won't move instantly after you switch jobs. EPFO's new mechanism auto-triggers transfer after your new employer's first contribution. Details here.

A buy now, pay later facility can help build a strong credit history when used responsibly. Timely repayments, controlled borrowing, and avoiding defaults are crucial. Learn how BNPL services affect credit scores, borrowing ability, and financial health with key tips for users.

The presumptive taxation scheme offers a simpler way to compute taxable income, but it may not suit every taxpayer. Here's what businesses and professionals should consider before choosing it.

The social media giant must remove specific infringing links following allegations of illegal monetization, though the court declined to block the accounts entirely at this stage.

The new rules compress a dozen complicated advance clauses into three broad categories while requiring a mandatory 25% retirement reserve.

The Taiwan Semiconductor Manufacturing Company (TSMC) today reported 36% rise in quarterly sales and 68% in June revenues amid sustained global demand for artificial intelligence (AI) hardware. 

If you have bought a car worth more than 10 lakh, you would have paid a TCS of 1% to the dealer. This is not an additional tax but a tax credit that can be adjusted against your total income tax liability or claimed as a refund while filing the ITR. 

The development marks a turnaround for SpiceJet in the legal battle after the airline had earlier argued that it lacked the liquidity to make an immediate cash deposit and had sought permission to furnish a commercial property in Gurugram as security

From reporting income from two house properties to furnishing additional details for donations and rental income, the latest ITR-1 utility brings several changes. Here's what taxpayers need to know before filing.

Tata Group's financial services arm will acquire an 88.6% stake in Yogakshemam Loans, marking its entry into the secured gold loan business as it expands its retail lending franchise.

The Supreme Court's ruling is expected to provide certainty to the mining sector by preserving the existing royalty framework, and also comes as a major relief to the Centre and mineral-rich states

Five-star and luxury hotels in India continue to find room for rate increases compared with global prices. While some believe city hotel rates may be nearing a ceiling, resort pricing holds more potential for upward movement.

India's largest private sector lender, HDFC Bank, reduced its workforce by 3,343 employees during FY26. Managing Director and CEO Sashidhar Jagdishan said in the annual report that employees must adapt as the organisation evolves.

Quick commerce apps continued to squeeze urban revenue at parent firm Avenue Supermarts, forcing it to lean heavily on tier-II and tier-III market expansions to sustain its momentum.

Term insurance serves as a fundamental part of financial planning, providing affordable life coverage. It's essential to determine how long coverage is needed based on financial responsibilities and existing assets before purchasing a policy.

Meta is discontinuing an AI feature launched this week that allowed users to generate images using public Instagram accounts, after drawing widespread criticism over privacy concerns, including from Hollywood's SAG-AFTRA union. 

Diversifying equity portfolios geographically can be beneficial, especially with China-focused ETFs, which track Chinese companies. While easier for Indian investors through US-listed ETFs, risks such as geopolitical tensions remain.

Central to Apple's case is the claim that OpenAI's recruitment process doubled as a vehicle for extracting proprietary information.

Dearness Allowance: From DA hike to restoration of Old Pension Scheme, pension revision, gratuity, minimum wage and more Check the demands made by Joint Coordination Committee of Punjab Government Employees and Pensioners.

A Bengaluru ITAT ruling has clarified which expenses can be included in the cost of acquisition while computing capital gains tax on a property sale. The order allows home loan interest and maintenance deposits but requires verification of travel expenses.

HDFC Flexi Cap Fund made a series of portfolio changes in June, introducing four new stocks, increasing holdings in 18 companies and trimming stakes in 25 others. It also made a complete exit from Ramco Cements during the month.

Job switches, career breaks and early withdrawals can all affect the tax treatment of your EPF corpus. Here's a breakdown of the key rules employees should know.

Retail investors pumped more money into mid-cap and small-cap funds than flexi-cap funds in June for the first time since Dec 2023. Experts say improving earnings visibility, stronger returns and attractive valuations drove the shift, while cautioning against reading too much into one month's data.

In his annual letter to shareholders, Sashidhar Jagdishan noted that an independent probe by Indian and US law firms found no basis for Atanu Chakraborty's allegations regarding internal bank practices.

The Income Tax Department has released the ITR-7 Excel utility for AY 2026-27, enabling eligible entities to prepare returns offline and upload them through the e-filing portal. Here's who can use the form, how the process works and the applicable deadlines.

Many policyholders get nasty surprises during hospitalisation. This is mainly due to several limitations buried in the policy terms and conditions, resulting in high out-of-pocket expenses.

New parents can strengthen their child's financial future through term insurance, health cover, emergency savings and SIP investments. Early investing helps build a 1.2 crore education corpus while protecting the family from unexpected financial risks and rising education costs.

EPFO's new Service History feature lets members view their complete employment and PF records in one place. The update can help subscribers identify missing service records and trace old PF accounts before filing claims.

BMW dismisses hybrids as costly and unnecessary, while Mercedes is betting on them to ease the shift away from petrol and diesel.

The governments hub-and-spoke model will allow airline passengers to check in baggage and complete customs and immigration formalities at spoke city airport (Tier-II and -III cities), and take onward flight from the hub city airport (Delhi or other major cities) to international locations.

Public and private banks across India will remain closed today, 11 July, for the second Saturday holiday. Bank operations will remain suspended nationwide, but online banking services will remain accessible for transactions.

News is recycled, sensationalised or outright faked and we have verification fatigue, but there are a few tricks for peace of mind

Long before startups, venture capital or pitch decks, Hemendra Mohan Bose built businesses across perfumes, records, automobiles, bicycles and printing, driven by technology, branding and Swadeshi.

D2C beauty brand Plum is gearing up for its next phase of growth, tapping Rothschild & Co to raise $75-100 million for offline expansion and new product launches. If successful, the round would set a record for a standalone beauty and personal care brand in India.

Filed in a federal court in California, the lawsuit alleges that OpenAI and two former Apple employees engaged in a coordinated effort to misappropriate confidential information related to Apple's hardware development.

The filing comes amid heightened FSSAI scrutiny of food companies and quick commerce platforms over compliance, labelling and food safety practices.

JSW Steel is expected to give the group's paint company a huge advantage when it approaches customers who need industrial coatings.

Swiggy announced that the FSSAI issued a prohibition order for its Toing platform due to licence updates, not food safety issues. The order was dated July 6, 2026, but Swiggy resolved the concerns and received a revised licence on July 9, 2026.

India's IT bellwether says it is generating up to 15% AI-led cost savings and passing the productivity gains to clients in phases. 

Elon Musk has reversed his stance on Anthropic, praising its advancements in AI and acknowledging he was wrong about the startup. He now considers Anthropic the leader in AI. 

Data moves made by both leaders signal fierce competition ahead. With one partnering with Google and the other with Meta, this contest will be neck and neck. Here's what India stands to win.

Learning by doing is an example of a theory that hardened into a practice yielding dismal results. Effective teaching comes not from the perfect application of a particular doctrine, but from judgementdiscerning what a child needs.