Latest small savings schemes interest rates: The Ministry of Finance decides the interest rates for all small savings schemes every quarter. For the October to December 2026 quarter, the interest rates on all small savings schemes have been kept unchanged. The decision extends the period of unchanged small savings rates to nearly two years.
GST Council meeting postponed again, now set for October 8
https://timesofindia.indiatimes.com/business/india-business/gst-council-meeting-postponed-again-now-set-for-october-8/articleshow/134715495.cms
https://timesofindia.indiatimes.com/business/india-business/gst-council-meeting-postponed-again-now-set-for-october-8/articleshow/134715495.cms
Indian workers spend Rs 785 monthly on commute; urban travel cost to office 70% higher: Govt survey
https://timesofindia.indiatimes.com/business/india-business/indian-workers-spend-rs-785-monthly-on-commute-urban-cost-70-higher-govt-survey/articleshow/134715553.cms
https://timesofindia.indiatimes.com/business/india-business/indian-workers-spend-rs-785-monthly-on-commute-urban-cost-70-higher-govt-survey/articleshow/134715553.cms
According to the National Household Travel Survey, Indian workers spend an average of Rs 785 monthly on commuting. Urban workers face higher commuting costs, averaging Rs 1,044 compared to Rs 612 in rural areas. The survey indicates a gender gap, with male workers spending more than female workers on transportation. Students in urban areas spend Rs 617 on daily travel, while those in rural areas spend Rs 361.
Woman declares Rs 67.4 lakh ancestral jewellery in ITR; tax dept sends notice, she wins in ITAT
https://timesofindia.indiatimes.com/business/india-business/woman-declared-rs-67-4-lakh-ancestral-jewellery-in-her-itr-which-led-to-additions-by-tax-department-itat-mumbai-deleted-it-on-basis-of-old-records-but-rejected-her-rs-12-lakh-huf-brokerage-claim/articleshow/134706982.cms
https://timesofindia.indiatimes.com/business/india-business/woman-declared-rs-67-4-lakh-ancestral-jewellery-in-her-itr-which-led-to-additions-by-tax-department-itat-mumbai-deleted-it-on-basis-of-old-records-but-rejected-her-rs-12-lakh-huf-brokerage-claim/articleshow/134706982.cms
The assessment threw up two separate issues. The first concerned jewellery worth Rs 67,39,949 that the woman had disclosed in Schedule AL of her income tax return. The tribunal also examined whether the Rs 12 lakh paid to the HUF represented a genuine brokerage expense when the same person, the HUF's Karta/coparcener, had already received another Rs 12 lakh for the same transaction.
Team Noel hits back at Vijay Singh, Venu Srinivasan
https://timesofindia.indiatimes.com/business/india-business/team-noel-hits-back-at-vijay-singh-venu-srinivasan/articleshow/134720157.cms
https://timesofindia.indiatimes.com/business/india-business/team-noel-hits-back-at-vijay-singh-venu-srinivasan/articleshow/134720157.cms
Four trustees of Sir Dorabji Tata Trust responded to accusations from vice-chairmen Venu Srinivasan and Vijay Singh. The trustees claimed the vice-chairmen breached fiduciary duties by not discussing concerns directly with them. They emphasized that Noel Tata's merger proposal aimed to maintain Tata Sons' unlisted status. Additionally, they stated that the complaints sent by Srinivasan and Singh were not shared with co-trustees.
Sebi keeping close watch on improper tips: Tuhin Kanta Pandey
https://timesofindia.indiatimes.com/business/india-business/sebi-keeping-close-watch-on-improper-tips-tuhin-kanta-pandey/articleshow/134720198.cms
https://timesofindia.indiatimes.com/business/india-business/sebi-keeping-close-watch-on-improper-tips-tuhin-kanta-pandey/articleshow/134720198.cms
To protect investors, Sebi is actively removing 6,000 to 7,000 unauthorized stock tips from social media each month. The regulatory body aims to educate investors about financial risks and prevention of fraud. Project Jagrook was launched to improve investor education and promote informed investment practices across the country. Sebi differentiates between responsible finfluencers and those who operate without regulation or engage in fraudulent schemes.
Sir Dorabji Tata Trust asked to respond to Venu complaint in a week
https://timesofindia.indiatimes.com/business/india-business/sir-dorabji-tata-trust-asked-to-respond-to-venu-complaint-in-a-week/articleshow/134720246.cms
https://timesofindia.indiatimes.com/business/india-business/sir-dorabji-tata-trust-asked-to-respond-to-venu-complaint-in-a-week/articleshow/134720246.cms
Maharashtra Charity Commissioner has requested Sir Dorabji Tata Trust to provide a response by October 12. Complaints were filed by vice-chairmen Venu Srinivasan and Vijay Singh regarding governance issues. They allege the trust has overstepped its charitable mandate by interfering in Tata Sons' affairs. The commissioner may decide to hold a hearing or rule based on submitted complaints. This governance dispute could significantly impact the functioning of Tata Group companies.
Proposed GST changes positive for business: Experts
https://timesofindia.indiatimes.com/business/india-business/proposed-gst-changes-positive-for-business-experts/articleshow/134720267.cms
https://timesofindia.indiatimes.com/business/india-business/proposed-gst-changes-positive-for-business-experts/articleshow/134720267.cms