
Sun Pharma plans a ₹10,000 crore bond sale to refinance its Organon acquisition loan. This strategic move follows a near-$12 billion bridge loan syndication, involving major players like State Bank of India. The bond sale aims to strengthen Sun Pharma's financial position and support its growth in the pharmaceutical 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.