Economic Times24/4/2026BusinessIndia
رجوعSC rejects plea on voter deletions case
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Business·قبل ساعة واحدة
Central Government Implements Employees' Pension Scheme 2026
India's central government has implemented the Employees' Pension Scheme (EPS) 2026, replacing the 1971 and 1995 schemes. While the pension calculation formula remains unchanged, new rules address fund investment, digital compliance, and offer 12% interest for delayed claims.
Economic Times
3 د قراءة
Business·قبل ساعة واحدة
Section 80CCD(2): Employer NPS contributions offer tax deduction under new regime
Section 80CCD(2) provides a significant tax deduction for employer contributions to the National Pension System (NPS), a benefit that remains available under India's new tax regime. This makes Corporate NPS particularly attractive for salaried individuals, especially those in the private sector, allowing them to reduce taxable income and build retirement savings.
Economic Times
5 د قراءة
Business·قبل ساعتين
Legality of Extra Credit Card Charges for Indian Consumers
Merchants in India often charge extra for credit card payments, but experts state this is generally prohibited by card network rules and RBI regulations. The Merchant Discount Rate (MDR) is a fee paid by merchants, not customers, and funds card benefits. Many merchants prefer UPI due to lower costs.
Economic Times
5 د قراءة
Business·قبل ساعتين
Taxpayers Must Promptly Respond to Income Tax Department's Section 143(1) Intimations
Taxpayers receiving Section 143(1) intimations from the Income Tax Department with tax demands must respond within 30 days. Failure to do so can lead to 1% monthly interest penalties, classification as an 'assessee in default,' and initiation of recovery proceedings, even if the demand is disputed.
Economic Times
5 د قراءة
يتطور·قبل 4 ساعات
Ford and Aramark Review Self-Service Kiosks After Employee Theft Allegations
Ford Motors and Aramark are reviewing self-service kiosks at US factories after employees were fired over alleged snack theft. Workers claim payment failures and software glitches caused wrongful accusations, leading to some reinstatements and widespread reluctance to use the kiosks.
Times of India
3 د قراءة
يتطور·قبل 5 ساعات
Johnson & Johnson's Ottava Robotic Surgical System Receives FDA Approval
Johnson & Johnson (J&J) has secured marketing authorization from the US FDA for its Ottava robotic surgical system, allowing it to enter the soft-tissue robotic surgery market. The system, approved for several general surgery procedures, will initially launch with select US customers, challenging Intuitive Surgical's dominance.
Times of India
2 د قراءة