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What Is Professional Tax? A Complete Guide for Taxpayers in India

In India, individuals pay both direct and indirect taxes at the central and state levels. While indirect taxes include GST and VAT, direct taxes include income tax and professional tax. Unlike income tax, which is levied by the Centre, professional tax is imposed by state governments. Though it is not as widely discussed as income […]

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Amazon Overtakes Walmart to Become World’s Largest Company by Revenue

Amazon.com Inc. has officially surpassed Walmart Inc. to become the world’s biggest company by revenue, marking a historic milestone for the e-commerce and cloud-computing giant that began its journey in 1994 as an online bookseller in a Seattle-area garage founded by Jeff Bezos. Walmart, which had held the top position for more than a decade,

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WPI Inflation Rises to 10-Month High of 1.81% in January, CPI at 2.75%

India’s wholesale price index (WPI)-based inflation rose to 1.81 per cent in January, marking a 10-month high, compared with 0.83 per cent in December 2025, according to data released by the Ministry of Commerce and Industry on Monday. The positive rate of inflation in January 2026 was primarily driven by higher prices in the manufacture

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Indian equities tumble as heavyweight stocks, Fed rate worries trigger selloff

Indian equities declined sharply on Friday, with benchmark indices recording their steepest fall since Budget day as losses in heavyweight stocks and fading hopes of an imminent US Federal Reserve rate cut triggered a broad-based selloff. Continued weakness in information technology stocks further dampened market sentiment. The Sensex closed at 82,627, down 1,048 points or

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India Inc Likely to Maintain Salary Hikes Despite Higher Costs Under New Labour Codes

India Inc is expected to largely stick to its planned salary increments even as employee costs rise following the implementation of the new labour codes, according to a report by The Economic Times. While sectors operating on thin margins may adopt a cautious approach, most companies are unlikely to significantly cut pay hikes, as compensation

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A bandh without chaos, deserted roads and a smooth journey from Kochi to Munnar

Shrayan Sen — “You should leave a little later. That way there’s less chance of facing trouble on the roads. Whatever happens in support of the bandh will be over by noon”. Hearing these words from a Kochi police officer, left me feeling both worried and reassured at the same time. My mind kept telling

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Bharat Bandh Disrupts Life in Kerala, Transport Hit, Protests Reported in Tamil Nadu

Photo: Shrayan Sen The nationwide Bharat Bandh called on Thursday against the Centre’s alleged “anti-farmer” and “anti-worker” policies brought road transport to a standstill and forced shops to shut across Kerala, causing widespread inconvenience to the public. Protesters blocked vehicles in several districts, leading to visible disruptions on major roads. The strike was called by

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India–US Trade Framework Sparks Farmer Protests, Centre Says Agricultural Interests Are Protected

Union Commerce and Industry Minister Piyush Goyal and Agriculture Minister Shivraj Singh Chouhan on Sunday asserted that the government has safeguarded the interests of Indian farmers in the interim trade agreement framework with the United States. Opposition parties, however, said they would raise the issue in Parliament on Monday and demand detailed clarifications. Several trade

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US to Remove Extra 25% Tariffs on Indian Goods, Easing Trade Tensions

The United States on Saturday announced it will remove the additional 25% tariffs earlier imposed on Indian goods over New Delhi’s purchase of Russian oil, marking a significant step toward easing trade tensions between the two countries. According to a White House executive order, the removal of the extra duties will take effect from 12:01

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Government reviewing Economic Survey suggestions on age-based access to online platforms

The government will examine the Economic Survey’s recommendations on age-based access to online platforms and take a decision after considering all viewpoints, IT Secretary S Krishnan said on Thursday. The Economic Survey 2025–26 had suggested that age-based access limits to digital platforms should be explored and that online teaching hours be reduced to help curb

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