Business

Seeking to ease procedural hardship in search-related tax cases, the finance bill has proposed a calibrated approach to block assessments for third parties, alongside changes to standardise limitation timelines — moves experts say could reduce disproportionate compliance burdens and bring greater predictability to the process.Under the existing framework, when tax authorities uncover undisclosed income belonging…

Budget 2026: Top stocks to buy (AI image) Budget 2026 stock market picks: Finance Minister Nirmala Sitharaman presented her ninth consecutive Union Budget on February 1, 2026. Post the Union Budget, investors are wondering which stocks should they bet on. Motilal Oswal Financial Services shares its top 10 stock picks that investors can consider buying….

The finance bill proposes to give statutory backing to guidelines issued by the Central Board of Direct Taxes (CBDT), making them binding not just on income-tax authorities but also on taxpayers responsible for deducting or collecting tax.So far, CBDT circulars and instructions were treated as binding only on the tax department and not on the…

NEW DELHI: The Budget has rolled out a sweeping reset of India’s transfer pricing framework, aiming to cut litigation, improve tax certainty and make the country a more attractive base for multinational companies (MNCs) and global capability centres.Presenting the proposals, finance minister Nirmala Sitharaman announced far-reaching reforms to safe harbour rules and Advance Pricing Agreements…

Union commerce and industry minister Piyush Goyal on Saturday hailed India’s free trade agreement with the European Union saying that the “mother” will significantly boost New Delhi’s exports to the bloc in upcoming 5 years. The deal, often called the “mother of all deals”, is set to grant duty-free access to 99 % of Indian…

The government plans to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session beginning March 9, Finance Minister Nirmala Sitharaman said, adding that the parliamentary committee examining the proposed law has already submitted its report.The proposed changes are aimed at further improving timelines and effectiveness of insolvency…

Finance minister Nirmala Sitharaman unveiled the Union Budget 2026 on February 1, setting out a clear roadmap for individual taxpayers. While personal income tax rates and the broader structure of taxation stays untouched, the Budget introduced a range of reforms to further simplify the process for taxpayers. The measures focus on easing return-filing timelines, reducing…

Gold price today: Gold continued to trade in red on Monday, extending losses on the Multi Commodity Exchange (MCX), triggering lower circuit limits as investors rushed to book profits. Gold prices slumped by 6%, shedding nearly Rs 9,700 per 10 grams on MCX. The decline marked the third consecutive day of losses for gold futures,…

Volatility in the near term could intensify after CME Group announced an increase in margin requirements for Comex gold and silver futures starting Monday. (AI image) Gold, silver price today: Gold and silver prices continued their steep decline on Monday, dropping sharply on Multi Commodity Exchange (MCX) futures trade. This is the third consecutive day…

India’s factory activity picked up marginally in January after slipping to a two-year low the previous month. The sector was helped by strong inflows of new orders, even as sentiment among manufacturers weakened sharply, a monthly survey showed on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 55.4 in January…