Simoni Sahoo, a 30-year-old product enablement consultant in Bangalore, invested ₹50,000-1,00,000 for initial setup costs of buying cushions, plates, and decor to create a women-first community space on her terrace. She also has a monthly recurring spend of ₹15,000-20,000 on refreshing supplies. Her ticket prices range from ₹700 for board game nights to ₹3,500 for supper clubs.
Solar engineering, procurement and construction (EPC) company Deon Energy has filed draft papers with the market regulator Sebi to raise funds through an initial public offering (IPO). The Ahmedabad-based company’s proposed IPO comprises a fresh issue of up to 72 lakh equity shares and an offer for sale (OFS) of up to 20 lakh shares…
A tax deduction claim that is later rejected by the Income Tax Department does not automatically amount to misreporting of income, the Income Tax Appellate Tribunal (ITAT), Bangalore, has ruled. The tribunal deleted a ₹23.31 lakh penalty imposed on a cooperative housing society after it claimed a ₹37.82 lakh deduction on interest income. The ruling…
The 8th central pay commission (8th CPC) in its consultation stage is undertaking state visits and meetings with various employee and pensioner representative groups, unions and stakeholders to gather suggestions before making its own recommendations next year. It is chaired by former Supreme Court Judge Justice Ranjana Prakash Desai, with Pankaj Jain, a former IAS, as…
Gold and silver prices: The price of the yellow metal in India fell nearly 0.12% in the domestic futures market during early trading hours on Thursday, September 24, as reports of fresh talks between the US and Iran emerged. MCX Gold 5 October futures stood at ₹151,071 per 10 grams, while MCX Silver 4 December…
The three-member 8th Pay Commission will complete one year since its constitution on 3 November. Central government employees await updates from the 8th Pay Commission, which is responsible for recommending changes to salaries, allowances and pensions. To ensure transparency in the working of the 8th Pay Commission, the Commission maintains a website and has consistently…
The 8th Pay Commission is tentatively expected to submit its recommendations to the central government by May 2027. Now, before the actual deadline arrives, central government employees and pensioners could see another meaningful increase in their Dearness Allowance (DA) and Dearness Relief (DR) amounts. Furthermore, based on the latest available All-India Consumer Price Index for…