Newsblare

Finance

Get the latest finance news, including updates on money management, tax news in India, and global financial trends. Stay informed with expert analysis and breaking financial stories at Newsblare.

Finance

Zoho Launch New Lines of POS devices, Pave into digital payments

Zoho, the homegrown tech giant, is in the news for a good reason. Its instant messaging app, Arattai, recently received major support from the government. This led to an increase in app downloads. Now, the company has officially entered the digital payments space by launching its own line of point-of-sale (POS) devices. These new devices

Read More
Finance

Government approve 3% Dearness Allowance Hike, Dussehra Gift For Staff

The government has approved a 3% Dearness Allowance hike, described as a “gift” ahead of Dussehra and Diwali month. This change is effective from July 1, Union Minister Ashwini Vaishnaw said on Wednesday afternoon. The increase was expected, sources said that a rise expected for government employees and pensioners. Second increase with 3% Dearness Allowance

Read More
Finance

RBI allowed banks to grant need-based working capital loans to Gold Manufacturers

The Reserve Bank of India (RBI) has allowed banks to provide need-based working capital loans to manufacturers who use gold as a raw material. This change expands a provision that was previously only available to jewellers. Banks usually cannot lend to purchase gold or silver in any form, nor can they lend against primary gold

Read More
Finance

October RBI MPC meet starts today: Will it affects Repo Rate?

The Reserve Bank of India’s (RBI) rate-setting body, the Monetary Policy Committee (MPC), will start its meeting today, September 29. After reducing repo rates for three consecutive months since February, the MPC kept it steady at 5.5 % in August. This MPC meeting will last two days, and the rate decision will be announced on

Read More
Finance

CBDT Extends the Income Tax audit deadline to October 31

The Central Board of Direct Taxes (CBDT) has pushed back the deadline for filing income tax audit reports for the financial year 2024-25 (Assessment Year 2025-26) from September 30 to October 31, 2025. This extension affects assesses mentioned in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Income Tax Act,

Read More
Finance

CBDT Extends Tax Audit Deadline to October 31 After High Court Directives

Income tax professionals are asking the central government to extend the tax audit deadline beyond September 30. In response, the Rajasthan High Court and the Karnataka High Court have instructed the Central Board of Direct Taxes (CBDT) to move the deadline for submitting tax audit reports (TARs) to October 31, 2025. The income tax department

Read More
Finance

GST 2.0 effective from today: Apple, Samsung, Xiaomi cost above ₹50,000 become cheaper

In a major fiscal change, the Indian government has revised the GST 2.0 system, effective from 22 September 2025. The reform simplifies the tax structure by introducing just two GST rates based on the category of goods. GST GST 2.0 takes effect from 22 September 2025 Consumers in the electronics segment are among the main

Read More
Finance

₹2 lakh crore will be in the hands of the people with new GST Reforms, Says FM Sitharaman

Union Finance Minister Nirmala Sitharaman announced that starting September 22, a series of GST Reforms will put ₹2 lakh crore in the hands of people, which will boost domestic consumption. She explained that the Goods and Services Tax is being simplified from four slabs to two. Ms. Sitharaman noted that PM Modi aims to ensure

Read More
Finance

ITR 2025 Last Date Today, Missing Deadlines Cost Late fees of Rs 5000

If you haven’t filed your ITR 2025 yet, today is your last chance to do so without facing penalties. The deadline for most taxpayers, including salaried employees, pensioners, and small businesses that do not need audits, is Monday, September 15. This date has been extended from July 31, but the opportunity closes tonight. Missing it

Read More
Finance

September 15 Advance Tax Payment Deadline: Charge 1 % a month on the shortfall for three months

The second instalment of Advance Tax Payment for the financial year 2026 (assessment year 2026-27) is due on September 15. If your total tax liability for the year exceeds Rs 10,000, you must pay advance tax in instalments. Missing the deadline will not only increase your financial burden but also lead to interest charges under

Read More
Oscars 2025: Full List of Winners from the 97th Academy Awards