Economic Times Top Stories

• Section 12AB crackdown: Trusts in grey zone as ‘charity’ tested by scale, sustainability
• Crude above $100: What it means for India Inc earnings and margins in FY27
• Waaree Energies bets on capacity ramp-up, backward integration to fuel next growth phase: CFO Abhishek Pareek
• Net direct tax collection rises 5% to Rs 23.40 lakh cr in FY26, misses revised budget target
• NFRA sets audit inspection timelines: 10-day reply, 180-day compliance; lapses public
• The Billion Who Don't Count:Why Indian Business Must Stop Chasing the Same 10Crore Consumers
• Exclusive: Govt asks ICAI to flag market access barriers in professional services despite FTAs
• RBI's ECL norms may cause up to 120 bps one-time hit for banks: Crisil
• Lenders’ Digital Mindset to Boost Small Businesses
• Gross GST collections hit record high of Rs 2.43 lakh crore in April 2026 despite US-Iran war concerns

Economic Times

• Section 12AB crackdown: Trusts in grey zone as ‘charity’ tested by scale, sustainability
• Only 33% CFOs have real-time tax visibility despite 63% rating compliance strong: Report
• Origen Realty appoints Sandhya Singla as CFO to steer financial strategy
• RBI likely to hold rates in June amid two conflicting objectives, says HSBC Chief India Economist
• Air India board meets amid cost pressures, CEO transition plans likely under discussion
• Explained: What NSE's Electronic Gold Receipts mean for yellow metal investors
• India's total exports hit record $863 billion in FY26, services surge 8.7%
• Iran likely to submit response to US proposal on West Asia crisis through mediators on May 7
• West Asia war hits motorcycle demand, specially in entry segment: Bajaj Auto
• Bajaj Auto appoints Rakesh Sharma as Joint Managing Director

CA Club India

• Form 41 under IT Act 2025: Non-Residents Can Now Claim Nil TDS Under DTAA Without PAN
• MCA Forms Hindi Advisory Committee to Promote Official Language Implementation
• New Income Tax Rules for High-Value Transactions: SFT Reporting Made Mandatory
• Direct Tax Collections Rise 5.12% to Rs 23.40 Lakh Crore in FY 2025-26
• MCA Alerts Stakeholders to File LLP Form 11 for FY 2025-26 by 30th May 2026
• DFS Pushes for Tech-Driven Insurance Growth and Broader Coverage Across India
• ICAI Invites Feedback on CA May 2026 Question Papers
• ICAI Releases Draft Panel for Appointment of Statutory Auditors of Co-operative Banks for FY 2026-27
• Form 164 Under IT Act 2025: Mandatory Reporting Rules for Film, OTT and Event Producers
• RBI Gets New Deputy Governor: Rohit Jain Appointed by Centre

BBC News

• Hantavirus outbreak on cruise ship not start of pandemic, UN health agency says
• UK immigration officer among two men guilty of working for Chinese intelligence
• David Attenborough says he is 'overwhelmed' by 100th birthday messages
• Rosenberg: Russia's Victory Day parade with no tanks a sign Ukraine war not going to plan
• Police say man arrested over 'intimidating behaviour' near Andrew's home
• Major rail disruption expected in southern England until end of day
• Portugal and Italy will not suspend digital border checks for Brits
• The Only Way Is Essex star Jake Hall dies aged 35
• Meta brings High Court challenge over Ofcom fees
• Superdry co-founder James Holder jailed for rape