India Go Global or Local Play? Navigating Trade, Innovation, and Domestic Competitiveness in 2025 Executive Summary / Key Highlights India Go Global or Local Global trade disruption and US protectionist moves reignite India’s 1991-style reform debate. India need not choose between global integration and domestic focus — the winning strategy is both. Policy must enable wider trade bloc integration, cheaper imports, and domestic competitive intensity. Private investment revival hinges on demand-side support and removal of […]

SEBI proposals for investment advisers and analysts – New rules Executive Summary / Key Highlights – SEBI Proposals for Investment Advisers and Analysts SEBI Consultation Paper proposes dropping subject restrictions for investment advisers (IAs) and research analysts (RAs). Any graduate from any discipline (engineering, law, science, commerce, etc.) can apply after clearing the relevant NISM exams. Overhaul of compliance, registration, and data disclosure norms to reduce red tape. Past performance data sharing allowed on request, […]

ITR-5 Income Tax Filing AY 2025-26: Eligibility & Process * Executive Summary / Key Highlights – ITR-5 Income Tax Filing AY 2025-26 ITR-5 Excel Form Live: The Income Tax Department has activated the ITR-5 Excel utility for AY 2025-26. Applicable Entities: Firms, LLPs, AOPs, BOIs, artificial juridical persons, local authorities, and certain trusts. Exclusions: Entities eligible to file ITR-7 (charitable/religious trusts) should not use ITR-5. Regulatory Basis: Governed under Section 139 of the Income Tax […]

ITR Filing Stock Market Tax Rules Why Your Taxable Gain Can Be Higher Than Real Profit Executive Summary / Key Highlights A Reddit post went viral after a trader discovered his taxable gain was ₹1.03 lakh, while his actual net profit was only ₹21,600. The difference arose due to income tax rules separating intraday trading losses from capital gains. Intraday losses can only be set off against intraday gains — they cannot offset short-term or […]

NBFC Retail Credit Market Growth to Expand Investor Base – CRISIL Report NBFC Retail Credit Market Growth to Expand Investor Base – CRISIL Report Executive Summary / Key Highlights CRISIL Intelligence projects 14–16% CAGR in the Indian retail credit market between FY25–FY28. NBFCs are poised to expand their investor base and diversify funding channels. FY25 retail credit stood at ₹82 trillion, with 14% growth in the year. Key growth drivers: housing finance, vehicle loans, gold […]