Clipped from: https://www.business-standard.com/opinion/editorial/as-ai-waits-in-the-wings-it-sector-must-prepare-for-changing-labour-needs-125051501853_1.html There are important implications for the sector in India. As this newspaper has reported, the effects of AI are being felt in the
Category: Five Star
*****Learn why RBI’s 180-day rule complicates gifting money to NRI children abroad
Clipped from: https://www.taxscan.in/gifting-money-to-nri-children-why-the-rbis-180-day-rule-is-a-hidden-hurdle/517151/ In today’s globalized world, it is quite common for Indian parents to financially support their children who have settled abroad—whether for educational expenses,
*****ITR Forms for AY 2025 26 released: Capital Gains reporting simplified for taxpayers in different tax forms – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-forms-for-ay-2025-26-released-capital-gains-reporting-simplified-for-taxpayers-in-different-tax-forms-476070-2025-05-13 The CBDT has notified all seven Income Tax Return (ITR) forms for AY 2025-26, incorporating new capital gains rules. This update aligns with
*****Salaried taxpayers could have saved Rs 49,094 in taxes; here’s what to avoid, note during tax filing – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/salaried-taxpayers-could-have-saved-rs-49094-in-taxes-heres-what-to-avoid-note-during-tax-filing-476088-2025-05-13 Taxpayers tend to make common mistakes, like selecting the wrong tax regime or missing out on corporate NPS benefits. DIY tax filing often
*****Tax talk: Pick the right ITR form this year – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-tax-talk-pick-the-right-itr-form-this-year-3839168/ Learn about key changes in ITR forms for AY 2025–26, including exempt capital gains in ITR-1 & ITR-4, updated capital gains reporting in
*****7 ITR Forms notified with changes for AY 2025-26: Here’s how to select the right one for you – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/7-itr-forms-notified-with-changes-for-ay-2025-26-heres-how-to-select-the-right-one-for-you-3842921/ The Central Board of Direct Taxes (CBDT) has released a new set of Income Tax Return (ITR) forms — which will be applicable
*****Fixing India’s trade finance bottleneck – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fixing-indias-trade-finance-bottleneck/article69564793.ece Rules-based stumbling blocks to trade finance access must be smoothened out Despite advances in e-invoicing, e-way bills, and customs digitisation, there is still no
*****Tax calculation: Here’s a capital gains tax hack on how to use losses smartly to lower your FY26 tax outgo – Tax calculation: Here’s a capital gains tax hack on how to use losses smartly to lower your FY26 tax outgo BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tax-calculation-heres-a-capital-gains-tax-hack-on-how-to-use-losses-smartly-to-lower-your-fy26-tax-outgo-475774-2025-05-10 The Income-tax Act of 1961 outlines set guidelines for offsetting capital gains and losses. This enables taxpayers to deduct losses from gains effectively,
*****SEBI Chairman: Easing procedural rules from June board meeting – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/easing-of-regulations-to-start-from-june-board-meeting-sebi-chairman/article69552398.ece “When it comes to regulating more, the pace will definitely slow down,” said SEBI Chairman Tuhin Kanta Pandey The Securities and Exchange Board
*****Optimal regulations is the way to go: SEBI chief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/optimal-regulations-is-the-way-to-go-sebi-chief/article69553982.ece Streamlining regulations and stepping up surveillance is part of its ongoing agenda, said Tuhin Kanta Pandey, Chairman, SEBI Tuhin Kanta Pandey, Chairman, SEBI
*****Reprioritising issues in insurance sector – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/reprioritising-issues-in-insurance-sector/article69554205.ece There is need for a comprehensive pricing review for all insurance segments Insurers should publish detailed expense management schedules and cash flow metrics
*****India ranks 130th on Human Development Index, says UNDP 2025 report | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/india-ranks-130th-on-human-development-index-says-undp-2025-report-125050601535_1.html India’s HDI value has increased by over 53 per cent since 1990, growing faster than both the global and South Asian averages The
*****RBI moves to clean up digital lending, mandates transparency in loan offers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-moves-to-clean-up-digital-lending-mandates-transparency-in-loan-offers/article69556751.ece Lenders must list all digital loan apps—whether their own or operated by partners—on the RBI’s CIMS portal, either exclusively or as part of
*****Bhushan Steel ruling can help strengthen IBC – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/bhushan-steel-ruling-can-help-strengthen-ibc/article69550247.ece It restores discipline to the insolvency process, sets clear limits on tribunal powers, protects the independence of enforcement agencies The Supreme Court ruling
Govt steps up vigil as cyberattacks rise since Pahalgam terror attack
Clipped from: https://www.business-standard.com/industry/news/govt-steps-up-vigil-as-cyberattacks-rise-since-pahalgam-terror-attack-125050701493_1.html Tells Cert-in, banks, power stations to be on high alert Banks have also stepped up their vigil and response practice in anticipation of
Bhushan Steel: Was liquidation the only solution? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/bhushan-steel-was-liquidation-the-only-solution/article69546180.ece The SC judgment has followed the letter of the law. But it has hit the interests of the company, creditors and employees The
*****ITR filing 2025: ITR forms 1, 2, 3, 4 and 5 notified for FY 2024-25; key differences explained for taxpayers – ITR filing 2025: ITR forms 1, 2, 3, 4 and 5 notified for FY 2024 25; key differences explained for taxpayers BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-filing-2025-itr-forms-1-2-3-4-and-5-notified-for-fy-2024-25-key-differences-explained-for-taxpayers-474887-2025-05-06 The I-T department has notified new ITR forms for FY 2024-25, detailing eligibility and exclusions for each form. These tax filing forms cater to
*****I am paying monthly rent more than Rs 50,000. Should I deduct TDS monthly or once yearly? – I am paying monthly rent more than Rs 50,000. Should I deduct TDS monthly or once yearly? BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/i-am-paying-monthly-rent-more-than-rs-50000-should-i-deduct-tds-monthly-or-once-yearly-474892-2025-05-06 Under Section 194-IB, individuals or HUFs (not liable for tax audit) are required to deduct 2% TDS only “once” – at the time