Protego Ventures has successfully closed its inaugural $125 million fund, focusing on Israeli defense technology. As the largest dedicated defense tech VC in Israel, Protego aims to invest in innovative solutions that enhance national security. This significant funding round highlights the growing importance of defense tech in the region and positions Protego as a key player in the industry.
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The tax audit deadline has been extended to October 21, allowing taxpayers to review their reports. Experts recommend filing promptly while using this time to reconcile discrepancies in tax details. This extension provides a crucial opportunity for taxpayers to ensure accuracy in their income tax returns.
Discover how the 8th Pay Commission salary hikes compare to the 7th CPC at a 2.57 fitment factor. With consultations ongoing, learn what employees can expect and when recommendations will be revealed.
Indians are increasingly purchasing gold without receipts as prices soar and import duties rise. The government has doubled the import duty on gold and silver to 15%, plus a 3% GST, impacting retail customers. This trend reflects the growing demand for gold in India despite the tax burden, highlighting a shift in consumer behavior amidst economic pressures.
The EPFO wage ceiling has increased to ₹25,000 effective September 2026, affecting your PF and EPS contributions. Depending on your membership status, contributions will vary, with specific scenarios detailing employer and employee contributions. Understanding the new wage ceiling is essential for effective financial planning and ensuring compliance with EPFO regulations.