Clipped from: https://www.business-standard.com/budget/news/budget-2026-27-experts-seek-reforms-to-ease-i-t-litigation-backlog-126012801574_1.html Experts suggest direct ITAT access and stronger dispute resolution mechanisms to tackle 5.4 lakh pending tax appeals and ease litigation backlog Tax experts
Category: One Star
*Star Health Q3 results: Net profit falls 40% to ₹128 crore | Company Results – Business Standard
Clipped from: https://www.business-standard.com/companies/quarterly-results/star-health-q3-profit-falls-40-pc-to-rs-128-crore-126012801417_1.html During the quarter, gross written premium improved to ₹4,624 crore as against ₹3,796 crore in the same quarter a year ago, Star Health
*IndusInd bank cracks: Deposits & profits plunge—can Rajiv Anand fix it? – Stock Insights News | The Financial Express
Clipped from: https://www.financialexpress.com/market/stock-insights/indusind-bank-cracks-deposits-amp-profits-plungecan-rajiv-anand-fix-it/4121291/?ref=just_in A slow road to recovery for IndusInd Bank in the December 2025 quarter – pressure on NIM, fall in advances and deposits, and
*Fault Lies with Auditor, Not Assessee or GST Dept: Madras HC Quashes Ex Parte Order Passed for Non-Reply [Read Order]
Clipped from: https://www.taxscan.in/top-stories/fault-lies-with-auditor-not-assessee-or-gst-dept-madras-hc-quashes-ex-parte-order-passed-for-non-reply-1431368?TRN300=cEKGZnCUsAUqKvvkWAEMsBGGASzuwDMkevbWaEMhZYAMvDFcyMSKjyDnKMcAXK&LKD333=3372422 The court viewed that the fault is neither on the side of the petitioner nor on the part of the respondent and actually,
*Budget 2026-27: Officials behind Nirmala Sitharaman’s ninth Union Budget – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget/whos-who-in-the-finance-ministry-team-preparing-budget-2026-27/article70552483.ece Finance Minister Nirmala Sitharaman is finalising Budget 2026-27 with support from a seasoned team of senior Finance Ministry officials. Economic Affairs Secretary Anuradha
*Notepad on Windows 11 PCs are getting Copilot-powered AI features: Report | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/windows-11-pcs-notepad-copilot-powered-ai-features-126012600390_1.html Microsoft is reportedly expanding Notepad on Windows 11 with Copilot-powered text streaming and richer Markdown support, extending features previously limited to Copilot+ PCs
*Direct tax refunds fall 17%, as tax revenues falter – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/direct-tax-refunds-fall-17-as-tax-revenues-falter-4118985/ Income tax refunds have contracted by 16.9% as of January 2026, with the government issuing ₹3.11 lakh crore compared to ₹3.75 lakh crore
*Credit-Deposit growth mismatch effect: Banks’ cost of raising funds via CDs goes up – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-deposit-growth-mismatch-effect-banks-cost-of-raising-funds-via-cds-goes-up/article70549446.ece The average interest rate on CD issuances of 2-3 months tenor has hardened from 6.00-6.10% in the last one month to 6.50-7.00% now
*Law without compassion is tyranny, compassion without law chaos: CJI | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/law-without-compassion-is-tyranny-compassion-without-law-chaos-cji-126012500249_1.html Chief Justice of India Surya Kant underscored the need for a humane yet firm approach to drug abuse, calling it a social and
*Meta sued over claims that WhatsApp messages are fully secure – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/international/business/meta-sued-over-claims-that-whatsapp-messages-are-fully-secure/articleshow/127466994.cms Synopsis An international group of plaintiffs has sued Meta Platforms, alleging false claims about WhatsApp’s end-to-end encryption. The lawsuit claims Meta can access
*Drip Capital, Maha govt sign MoU to enable ₹10,000 cr trade finance for MSME exporters – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/drip-capital-maha-govt-sign-mou-to-enable-10000-cr-trade-finance-for-msme-exporters/article70543189.ece It will also enable MSMEs to leverage advanced digital capabilities such as data-driven underwriting, global buyer verification Drip Capital Inc has signed a
*Key deductions in old and new tax regimes in FY 25-26: Experts want govt to increase these limits in Budget 2026 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/key-deductions-in-old-and-new-tax-regimes-in-fy-25-26-experts-want-govt-to-increase-these-limits-in-budget-2026/articleshow/127372733.cms With the Budget 2026 date of February 1 just a few days away, some salaried taxpayers are at crossroads- whether to stick to the old tax
*Meity may cut compliance timeline for key DPDP rules to 12 months
Clipped from: https://www.business-standard.com/technology/tech-news/meity-may-cut-compliance-timeline-for-key-dpdp-rules-to-12-months-126012201293_1.html Proposed move to shorten implementation time to 12 months from 18 months is likely to face resistance from industry players Meity may shorten
*Only 9.5% of Indian households invest in markets; 30 crore households still outside securities universe: SEBI survey – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/only-95-of-indian-households-invest-in-markets-30-crore-households-still-outside-securities-universe-sebi-survey/article70529654.ece Urban–rural gap persists, but nearly one-fifth of aware non-investors plan to enter markets in a year Market participation remains sharply skewed towards urban
*Lost your bank locker keys? Know how you can replace it, how much it will cost and your legal rights – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/lost-your-locker-keys-know-how-you-can-replace-it-how-much-it-will-cost-and-your-legal-rights/articleshow/126786821.cms Losing a bank locker key can be stressful, especially when important documents, jewellery or valuables are involved. Many customers are unsure whether banks
*’Tax Year’ replacing ‘Assessment Year’ in new income tax law: How it will impact taxpayers – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/tax-year-replacing-assessment-year-in-new-income-tax-law-how-it-will-impact-taxpayers-4112178/ From April 1, 2026, the new Income-tax law will replace ‘Assessment Year’ with ‘Tax Year’ to simplify tax filing and compliance for individuals.
*Nominee vs. legal heir: who is legally entitled to funds? – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/nominee-vs-legal-heir-who-is-legally-entitled-to-funds/article70521768.ece If a nominee has been appointed for a bank account, the bank may release funds to the nominee; however, ownership of those funds
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