Will DA be added to basic pay under 8th Pay Commission? Here’s what Finance Ministry said

Will DA be added to basic pay under 8th Pay Commission? Here's what Finance Ministry said

Finance Ministry officials have confirmed that the 8th Pay Commission will not merge dearness allowance (DA) or any relief component with basic pay. The decision keeps the existing structure of pay and allowances intact for central government employees and pensioners. What this means for employees and pensioners DA remains separate: Cost-of-living adjustments will continue to … Read more

Silver may soar further as China curbs exports from January 1

Silver may soar further as China curbs exports from January 1

New licensing rule in a Communist-ruled nation shakes up trade Companies in the Communist-ruled nation now need licences to operate in certain areas of trade. The move introduces fresh compliance hurdles for businesses that buy, sell or move goods across borders, and could reshape regional supply chains in the short term. Immediate commercial effects Compliance … Read more

Mamaearth’s parent Honasa Consumer enters men’s personal care market with Reginald Men acquisition. Check details

Mamaearth's parent Honasa Consumer enters men's personal care market with Reginald Men acquisition. Check details

Honasa Consumer buys majority stake in Reginald Men parent company Honasa Consumer, the parent company of Mamaearth, has acquired a 95% stake in BTM Ventures — the holding company behind men’s personal care brand Reginald Men — for ₹195 crore. The deal strengthens Honasa’s strategy to expand its footprint in the men’s grooming segment. Deal … Read more

New Income Tax Act: ITR forms to be issued prior to FY28, says govt

New Income Tax Act: ITR forms to be issued prior to FY28, says govt

Update for taxpayers: The government will issue a new income tax returns (ITR) form under the Income Tax Act, 2025 ahead of the 2027–28 financial year, Minister of State for Finance Pankaj Chaudhary has said. This signals a formal update to filing documents to reflect the provisions of the new act. What this means for … Read more

How to obtain tax residency proof in India?

How to obtain tax residency proof in India?

Why an Indian Tax Residency Certificate matters When a UK company makes interest payments to a party in India, the payer may deduct tax at source. An Indian Tax Residency Certificate (TRC) can reduce that withholding tax under the applicable tax treaty. Supplying a valid TRC helps the payer apply the correct, lower rate and … Read more

The Mexican storm about to slam India’s $2bn automobile exports

The Mexican storm about to slam India's $2bn automobile exports

Mexico has moved to impose tariffs as high as 50% on vehicles and automotive components imported from several Asian countries, including India. The decision puts roughly $2 billion in annual shipments at risk and clouds the recent momentum Indian manufacturers enjoyed in Latin America. What changed The tariffs target finished vehicles and a wide range … Read more

4 common credit report errors that drop your score and trigger loan rejection

4 common credit report errors that drop your score and trigger loan rejection

Small mistakes on your credit report can have big consequences. Incorrect personal details, misreported repayments, accounts that show as active when they were closed, or duplicate records can all drag down your credit score and make lenders hesitate. Regularly checking your credit report is one of the simplest steps to protect your borrowing power. Common … Read more

Markets will move in 2026, but investor behaviour will decide outcomes

Markets will move in 2026, but investor behaviour will decide outcomes

Markets in 2026 may bring sharper swings and fresh uncertainties. When emotions and instincts push investors toward quick moves, the better response is often a calm, rules-based approach. Discipline and clarity about goals can protect portfolios more than reacting to every headline. Why 2026 could test investors Several forces can make markets choppy: shifting interest-rate … Read more