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State-run financiers race to tap RBI hedge window

Mumbai, June 11 -- Reserve Bank of India's (RBI) new hedging window that lowers the cost of dollar borrowings for the rest of the calendar year is set to spur a fresh wave of overseas fundraising by s... Read More


Anil Ambani gets protection from prosecution in tax evasion case

MUMBAI, June 11 -- The Bombay High Court on Monday directed the income tax department not to take any coercive action, including that of prosecution and penalty, against Reliance Group chairman Anil A... Read More


State-run financiers race to tap RBI hedge window

Mumbai, June 11 -- Reserve Bank of India's (RBI) new hedging window that lowers the cost of dollar borrowings for the rest of the calendar year is set to spur a fresh wave of overseas fundraising by s... Read More


ITR filing AY 2026-27: Know how to raise a rectification request to fix errors in your processed income tax return

New Delhi, June 11 -- After you file the income tax return (ITR), the Income Tax Department processes the return and issues an intimation under Section 143(1) of the Income Tax Act. This intimation p... Read More


BIR gears up for proposed global minimum tax regime

Manila, June 11 -- The Bureau of Internal Revenue (BIR) has begun preparations for the possible implementation of the proposed Qualified Domestic Minimum Top-Up Tax (QDMTT). In a social media post on... Read More


Amit Shah to attend MoU signing on oil, gas exploration along Assam-Nagaland border

New Delhi, June 11 -- Union Home Minister Amit Shah is set to attend the signing of a significant tripartite Memorandum of Understanding (MoU) between the Centre and the governments of Assam and Nagal... Read More


Customs revenue reaches 47.7% of annual target in five months

Hanoi, June 11 -- State budget revenue from import-export activities reached 215.14 trillion VND (8.17 billion USD) in the first five months of 2026, equivalent to 47.7% of the annual target and up 16... Read More


2027 budget offers tax-free status for content creators, startups, innovative ventures

Dhaka, June 11 -- Prime Minister Tarique Rahman's government has announced a tax exemption on income from content creation across digital platforms. It has extended tax benefits beyond the IT and fre... Read More


Quick Wrap: Nifty Media Index rises 1.78%

Mumbai, June 11 -- Nifty Media index closed up 1.78% at 1465.5 today. The index is up 5.00% over last one month. Among the constituents, Zee Entertainment Enterprises Ltd gained 8.28%, Saregama India ... Read More


Budget proposes doubling assistance for cancer and five other diseases

Dhaka, June 11 -- Finance Minister Amir Khosru Mahmud Chowdhury has proposed to double assistance for those suffering from cancer and five other diseases in the new fiscal year. The minister said, "O... Read More