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https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E/1231 šŸ“¢ *Useful Tool for Name Verification* *INCOME TAX, TDS REGISTRATION* Before applying for Income Tax registration, GST registration, ICEGATE, or DSC mapping, you can use the TRACES PAN Verification facility to check whether the name in the PAN database is correctly aligned with the PAN number. šŸ” Helps identify name mismatches in advance and avoid registration issues. šŸ”— https://traces.tdscpc.gov.in/auth/pan-verification/individual-pan-verification

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News Headlines from Business News Agencies: The Economic Times E for Exit, F for FPIs FPIs have pulled more than ₹3 lakh crore out of Indian equities in the first nine months of 2026, beating every earlier full-year outflow record, as higher US yields, costly crude and a weak rupee drive money to Taiwan and South Korea. RBI Grants Funds One-time Nod to Buy 10% in Banks RBI has finalised its July draft norms. Mutual funds, insurers and pension funds can now take a one-time approval to acquire up to 10% equity in banks, and the approval can be revoked for non-compliance. Finmin Pegs Q2 Growth at 7.3%, Activity to 7-mth High The finance ministry projects 7.3% GDP growth for the September quarter, above RBI’s 6.4% forecast, but warns that US trade ties, crude spikes and weak capital flows are near-term risks. BusinessLine ITC reliefs top GST Council agenda for October 7 meeting The GST Law Committee has recommended five amendments to Section 17(5) of the CGST Act to unblock input tax credit on employee group insurance, outdoor catering and free samples. ITC on motor vehicles is left to the Council. GST collections top ₹2 lakh cr in Sept, third month in a row Domestic GST rose 10.1% to about ₹1.38 lakh crore and import GST 26% to ₹65,525 crore. Net collections after refunds rose 18.1% to over ₹1.76 lakh crore. Banks lose pricing advantage as RBI’s bulk deposit disclosure norm kicks in From October 1, banks must publish bulk deposit rates (above ₹3 crore) every morning between 10 am and 10.10 am, uniform across branches and customers. Equities post 8th straight weekly loss, longest in 25 yrs as FPIs escalate selling Sensex closed at 71,909.70 and Nifty at 22,421.95 as FPIs sold ₹9,484 crore on Thursday after about ₹36,000 crore of selling in September. Adani Group-backed Vishakha Renewables files for listing, eyes ₹1,250 cr in fresh issue The solar module component maker’s DRHP covers a fresh issue of up to ₹1,250 crore and an OFS of 1.82 crore shares, with ₹900 crore earmarked to repay debt. Mint GST mop-up stays above ₹2 trillion for third month Gross GST rose 14.7% to ₹2.04 trillion in September, led by a nearly 26% jump in GST on imports, ahead of the 57th GST Council meeting on 7 October that may review GST on UPI MDR. Eight-week slide puts focus on RBI Nifty 50 posted its longest weekly losing streak since 2001 in a holiday-shortened week, and cheaper crude near $96 brought little relief as bond yields stayed elevated. Financial Express Imports drive 12% GST rise Gross GST collections grew 11.6% to ₹12.46 lakh crore in the first half of FY27, driven by taxes on imported inputs and capital goods. September collections topped ₹2 lakh crore, up 14.7%. Benchmarks log longest weekly losing run in 25 yrs Sensex fell 570.59 points to 71,909.70, its lowest in 28 months, and Nifty slipped to 22,421.95 as investor wealth fell by about ₹15 lakh crore in the week. Business Standard RBI eases bank share purchase norms for MFs, insurers Eligible investors that are not part of the promoter group can get one-time RBI approval for later acquisitions of up to 10% in a bank, and applications go through the PRAVAAH portal. Sold a property? Here’s how to reduce capital gains tax bill A step-by-step guide to cutting capital gains tax: claim eligible costs, compare the indexation options for pre-July 2024 property, and use Sections 54, 54EC, 54F or the Capital Gains Accounts Scheme. In a first, personal income tax part of Class 9 curriculum NCERT’s new chapter teaches slab-wise income tax calculation under the new regime and calls paying taxes honestly and on time a civic duty. Sept IPO fundraising highest so far in CY26 34 mainboard IPOs raised ₹39,309 crore in September, the most for any month this year, at a median P/E of 42.5 times. Indus Towers looks to catch next growth signal Brokerages turn constructive after a 14% six-month fall. Kotak rates the stock buy with a ₹480 target, citing Vi’s capex revival and Indus’s Africa entry. https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E
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Banks lose pricing advantage as RBI’s bulk deposit disclosure norm kicks in From October 1, banks must publish bulk deposit r
Banks lose pricing advantage as RBI’s bulk deposit disclosure norm kicks in From October 1, banks must publish bulk deposit rates (above ₹3 crore) on their websites every morning between 10 am and 10.10 am, uniform across branches and customers, which should level price competition. (BL) https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E
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RBI eases bank share purchase norms for MFs, insurers Mutual funds, insurers and pension funds can now get a one-time RBI app
RBI eases bank share purchase norms for MFs, insurers Mutual funds, insurers and pension funds can now get a one-time RBI approval for later acquisitions of major shareholding of up to 10% in a bank. Applications go through the PRAVAAH portal, and RBI can revoke the approval for non-compliance. (BS) https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E
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In a first, personal income tax part of Class 9 curriculum NCERT’s new chapter ā€˜Managing Your Personal Finances’ teaches slab
In a first, personal income tax part of Class 9 curriculum NCERT’s new chapter ā€˜Managing Your Personal Finances’ teaches slab-wise tax calculation under the new regime only, with no mention of the old regime, and calls paying taxes honestly and on time a civic duty. (BS) https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E
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Sold a property? Here’s how to reduce capital gains tax bill A seven-step guide: claim eligible costs, compare 12.5% without
Sold a property? Here’s how to reduce capital gains tax bill A seven-step guide: claim eligible costs, compare 12.5% without indexation against 20% with indexation for property bought before July 23, 2024, and use Sections 54, 54EC and 54F or the Capital Gains Accounts Scheme within the deadlines. (BS) https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E
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GST collections top ₹2 lakh cr in Sept, third month in a row Domestic GST rose 10.1% to about ₹1.38 lakh crore and import GST
GST collections top ₹2 lakh cr in Sept, third month in a row Domestic GST rose 10.1% to about ₹1.38 lakh crore and import GST 26% to ₹65,525 crore, while net collections after refunds rose 18.1% to over ₹1.76 lakh crore ahead of the 7 October Council meeting. (BL) https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E
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ITC reliefs top GST Council agenda for October 7 meeting The GST Law Committee has recommended five amendments to Section 17(
ITC reliefs top GST Council agenda for October 7 meeting The GST Law Committee has recommended five amendments to Section 17(5) of the CGST Act to unblock ITC on employee group insurance, outdoor catering and free samples, leaving ITC on motor vehicles to the Council. (BL) https://whatsapp.com/channel/0029VaK9Pdx7oQhe24NT923E
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Private sector companies are gaining ground in winning defence tenders. (BS)
Private sector companies are gaining ground in winning defence tenders. (BS)
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India's electricity shortage grew 5x in Sep 2026, from what it was in Aug 2026. (BS) With the deficit rainfall, the scenario
India's electricity shortage grew 5x in Sep 2026, from what it was in Aug 2026. (BS) With the deficit rainfall, the scenario is quite grim!
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UPI crosses 200 billion transactions in 9 months from Jan-Sep 2026. (ET) Will the MDR fee slow this down? We will know by the
UPI crosses 200 billion transactions in 9 months from Jan-Sep 2026. (ET) Will the MDR fee slow this down? We will know by the end of the month!
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Financial assets make up only 34% of Indian household assets. The next wave of wealth investors will probably come from small
Financial assets make up only 34% of Indian household assets. The next wave of wealth investors will probably come from smaller cities in India. (BL)
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Empty Iranian oil tanker ships are running low on fuel and food, and drifting in Asian waters as they cannot return to Iran t
Empty Iranian oil tanker ships are running low on fuel and food, and drifting in Asian waters as they cannot return to Iran thanks to the US blockade. (WSJ)
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There should be NO cap on retail fuel sales, the Govt tells private fuel retailers, Jio-bp and Nayara Energy. (FE)
There should be NO cap on retail fuel sales, the Govt tells private fuel retailers, Jio-bp and Nayara Energy. (FE)
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Amazon Now comes to your city, or well, at least a city near you! They've expanded to 120 cities just ahead of the Great Indi
Amazon Now comes to your city, or well, at least a city near you! They've expanded to 120 cities just ahead of the Great Indian Festival sale. (FE)
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Tired of working from home, or office, or the local cafƩ? How about working from a location that's in the middle of a forest
Tired of working from home, or office, or the local cafƩ? How about working from a location that's in the middle of a forest or the mountains? The Keralam Govt is promoting this. (BL)
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Have you had Japanese udon noodles? Unlike ramen, these are thicker, chewier and whiter. Takaya Awata, founder of Toridoll, a
Have you had Japanese udon noodles? Unlike ramen, these are thicker, chewier and whiter. Takaya Awata, founder of Toridoll, among the world's largest fast-food chains, is planning on expanding to the US. (ET)
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Bengaluru West City Corporation is using AI calls to recover outstanding property tax. 450,000+ calls have been made to 59,00
Bengaluru West City Corporation is using AI calls to recover outstanding property tax. 450,000+ calls have been made to 59,000+ property owners. Almost 27,000 owners agreed to pay. (DH) Make sure you pay through the official portal only - or there's another scam brewing!
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There is no change in the interest rates on small savings for the period Oct-Dec. (BS)
There is no change in the interest rates on small savings for the period Oct-Dec. (BS)
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Apple Pay has finally been launched in India. Currently only for Axis Bank Credit Card holders - and it's in talks with HDFC,
Apple Pay has finally been launched in India. Currently only for Axis Bank Credit Card holders - and it's in talks with HDFC, SBI and ICICI. But no UPI integration... in fact not even on the cards (pun intended!), not even on RUPAY. (FE)
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