India eyes tariff cut on $23 billion of U.S. imports, to shield $66 billion in exports, say sources

India eyes tariff cut on  billion of U.S. imports, to shield  billion in exports, say sources

A file image is used for representational purpose only. | Photo Credit: Reuters India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the two nations are negotiating, two government sources with knowledge of the matter said, the biggest cut in … Read more

ITR-U filing deadline on March 31: How taxpayers can avoid 50% extra tax with timely submission

ITR-U filing deadline on March 31: How taxpayers can avoid 50% extra tax with timely submission

Taxpayers in India are racing against time to file their updated Income Tax Returns (ITR-U) for the financial year 2022-23 (assessment year 2023-24) before the critical deadline of March 31, 2025. The Income Tax Department has strongly urged individuals to ensure timely filing, emphasising that returns filed before this date will incur a lower additional … Read more

Zerodha introduces six new features on trading platform Kite to enhance trading experience for investors

Zerodha introduces six new features on trading platform Kite to enhance trading experience for investors

Zerodha, one of India’s leading brokerage firms, has unveiled a series of updates to its trading platform Kite, aimed at simplifying the process of order placement and enhancing user experience. Founder and CEO Nithin Kamath announced these enhancements on social media platform X, highlighting key features such as order slicing, available margin display, and a … Read more

Tata AIA launches two funds to cash in on rising consumption trends in India

Tata AIA launches two funds to cash in on rising consumption trends in India

Tata AIA Life Insurance has launched two new fund offers (NFOs) targeting India’s growing consumer market, recognising the economic boost driven by recent tax reforms and increasing disposable incomes. The Tata AIA Life Tax Bonanza Consumption Fund and the Tata AIA Life Tax Bonanza Consumption Pension Fund aim to capitalise on these changes by enabling … Read more

Can gentle parenting ever go mainstream in India?

Can gentle parenting ever go mainstream in India?

“I see you’re upset. Would you like a hug or some space?”“It’s okay to feel angry, but it’s not okay to hurt others. Let’s find a safe way to express it.”“I’m here to help you figure this out. We’ll solve it together.” If you ever Google phrases related to gentle parenting, chances are you may … Read more

Why has India got another tiger reserve?

Why has India got another tiger reserve?

On March 9, Environment Minister Bhupender Yadav announced that the Centre had declared the Madhav National Park in Madhya Pradesh as the country’s 58th tiger reserve. This is the ninth tiger reserve in the State, the highest among the States. Maharashtra has six; Rajasthan, Tamil Nadu, and Karnataka have five each. What is the rationale … Read more

What is your Form 16? Check how it can simplify Income Tax return filing in AY 2025-26

What is your Form 16? Check how it can simplify Income Tax return filing in AY 2025-26

From April 1, 2025, the new income tax return filing season will start for AY2025 -26. For salaried taxpayers, their employer will provide a Form 16 containing all income tax details for the fiscal year 2024-25 (or assessment year 2025-26). Form 16 is a crucial document for salaried employees in India, particularly as the income … Read more

The 82-year-old Swedish multinational furniture company and home furnishings retailer, IKEA, in New Delhi now

The 82-year-old Swedish multinational furniture company and home furnishings retailer, IKEA, in New Delhi now

The 82-year-old Swedish multinational furniture company and home furnishings retailer, IKEA, had studied Delhi’s diversity and consumer behaviour for the past four years before stepping in with e-commerce from March 1. North India is the country’s largest home furnishing market. “The e-commerce approach first helps us to reach more customers faster and also understand their … Read more

The academic link between Nepal and India

The academic link between Nepal and India

On February 16, a third-year woman student from Nepal was found dead by suicide in the Bhubaneswar-based Kalinga Institute of Industrial Technology (KIIT). Initial investigation by the police revealed that harassment from a fellow male student had led the student to take her own life. Other students from Nepal carried out a protest stating that the … Read more