The Foreign Assets Information (FAI) report, available as a password-protected PDF, contains details such as foreign bank accounts, account balances, dividends, interest, gross proceeds and other payments received by the Income Tax Department from overseas tax authorities. It also provides taxpayers with a mechanism to flag discrepancies through the AIS portal.
The Employees’ Provident Fund Scheme, 2026 has introduced a significant change to the way Employees’ Provident Fund (EPF) members can access their savings during service. Unlike the earlier framework, the new scheme requires members to retain at least 25% of their accumulated EPF balance after making a partial withdrawal. This means members can withdraw only…
Shares of Tata Elxsi slipped 6% to their day’s low of Rs 3,474 on the BSE on Wednesday after it reported a net profit of Rs 170.6 crore for the quarter ended June 30, 2026, marking a growth of 18.2% year-on-year (YoY). Revenue from operations rose 14.5% YoY and 2.8% sequentially to Rs. 1,021.1 crore….
Titan Company said its consumer businesses grew about 41% year-on-year in the June quarter, helped by strong jewellery demand, store expansion and a sharp rise in its international business. The Tata Group company added 77 stores on a net basis during Q1FY27, taking its total retail network to 3,680 stores as of June 2026. The…
Kolkata/Mumbai: The Calcutta Stock Exchange (CSE) is seeking to revive itself with a new technology backbone, trading infrastructure and disaster recovery site. This process, backed by the new state government, will require the 118-year-old institution to withdraw the voluntary exit application filed with the Securities & Exchange Board of India (Sebi) last year, said people…
NEW DELHI: Notwithstanding the turmoil in global economic environment, as many as six Indian firms, including Reliance Comm and Bharti Airtel, have been named among top 100 best-performing infotech companies in the world by a US magazine BusinessWeek. The BusinessWeek’s latest annual list ‘The Infotech 100’, which ranks the firms on the basis of shareholder…
The Finance Ministry in April announced 2% increase in Dearness Allowance (DA) for central government employees and pensioners, with effect from 1 January 2026, effectively taking DA to 60% of basic pay from 58%. Notably, DA is a percentage of employees’ pay aimed at helping households manage the increased cost of living. It is provided…