Business
Nearly half of SMEs feel they can create a sustainable future for their business | City & Business | Finance

One in five small businesses has re-invested all their profits just to stay afloat this year, according to research.
A poll of 500 SMEs revealed the cost of living crisis (38 percent), energy price hikes (33 percent) and increased supplier costs (23 percent) have eaten into margins.
As a result, plans to make their businesses more sustainable have been put on hold.
Just under half (48 percent) said going green has been less of a priority, though 44 percent think they’ll be able to do more in the next year.
The study also found almost half (48 percent) believe eco-conscious businesses are more successful than those that are not.
Victoria Bacon, Smart Energy GB, which commissioned the research, said: “The economic climate has put Britain’s small businesses under a huge amount of pressure, so it’s understandable that they’re focusing on the essentials of running their business.
“But taking steps to reduce your environmental impact often delivers real cost savings too.
“Even small changes that aren’t expensive to implement can make a big difference to a business’ bottom line, as well as being good for the planet.
“Getting a smart meter is one small thing small businesses can do, as it can help them monitor their energy usage and identify where they can make changes, as well as keep a closer eye on cashflow.”
Looking ahead, 43 percent now feel in a better position to make their business more sustainable.
A quarter would finance eco-friendly changes by reducing spending on other areas of their business and the same amount would look for new revenue streams.
Just over four in 10 (43 percent) want to reduce their carbon footprint so their energy bills go down – but 13 percent think it will also make their staff happy.
And around the same amount (39 percent) want to do their bit to ensure the planet is both healthy for future generations, as well as being less wasteful.
While others plan on moving to more environmentally friendly packaging (17 percent), buying in bulk to reduce transport costs (16 percent), investing in smart plugs (nine percent) and getting light sensors (13 percent).
In the medium term, 14 percent of those polled were hoping to purchase an electric vehicle and 19 percent want to replace old equipment with more energy efficient tech.
Being more eco-friendly topped the list of things small businesses owners said they’d do differently if they were starting their businesses again.
With taking control of energy usage and buying local where possible being the advice they’d give their younger selves to make their businesses more sustainable.
Victoria Bacon, Smart Energy GB, added: “Small businesses have an important role to play in helping Great Britain meet its net zero targets.
“Smart meters are an integral component of our national infrastructure upgrade to meet these targets, which will enable us all to increasingly use cheaper, cleaner energy.”
Business
Common ITR Filing Mistakes That Can Trigger An Income Tax Notice


Filing an Income Tax Return (ITR) is an annual responsibility for millions of taxpayers, but even minor errors can attract unwanted scrutiny from the Income Tax Department. Common mistakes can trigger an income tax notice, which wastes your time and effort
What are the most common filing errors that you can avoid to ensure their returns are accurate and compliant with tax regulations? Here is the answer:
1. Choosing the wrong ITR form
Choosing the wrong ITR form is one of the quickest ways to receive a “defective return” notice or an audit. Each form corresponds to specific financial profiles. If your income sources do not align with the form’s designated criteria, tax authorities will flag the filing.
2. Missing the ITR filing deadline
Missing the due date can result in a late fee of up to Rs 5,000. More importantly, it forces you to file a “belated return”, which strips your ability to carry forward business and capital losses and charges 1% monthly interest on unpaid taxes.
ALSO READ: ITR 2026: What Is Form 39? Here’s How To Save Tax On Salary Arrears After Resigning
3. Quoting the wrong assessment year
Taxpayers often confuse the Financial Year, the year in which you earned the income, with the Assessment Year, the year in which that income is evaluated and taxed. This simple oversight causes severe delays in processing and can attract penalties.
4. Not reporting all sources of income
When taxpayers only declare their primary salary, they overlook secondary earnings. This creates instant discrepancies with the Income Tax Department’s data.
Essential Business Intelligence,
Continuous LIVE TV,
Sharp Market Insights,
Practical Personal Finance Advice and
Latest Stories — On NDTV Profit.
Business
Cockroach Janta Party Founder Abhijeet Dipke Joins Demonstration At Jantar Mantar Amid Tight Security


Abhijeet Dipke, founder of the Cockroach Janta Party (CJP), joined hundreds of students and young professionals at Jantar Mantar in New Delhi on Saturday as the youth staged a protest over alleged irregularities in examinations and recruitment tests.
The gathering saw participation from school and college students, many of whom arrived wearing cockroach masks, the symbol of the movement. Several attendees carried flowers, books and the national flag, while some school students were accompanied by their parents.
Students at the venue raised slogans and demanded the resignation of Union Education Minister Dharmendra Pradhan.
Dipke Calls For Peaceful Protest
After arriving in Delhi, Dipke urged supporters to maintain discipline and ensure that the demonstration remained peaceful.
In a post on X, he wrote, “Landed. Looking forward to meet you all at Jantar Mantar. Do not forget to carry a book and our Tiranga.”
He also encouraged protesters to offer flowers to police personnel.
“Offer flowers to policemen as a gesture of compassion & gratitude. We have to lead this movement with love and peace,” Dipke said.
Landed.
Looking forward to meet you all at Jantar Mantar. Do not forget to carry a book and our Tiranga!
Offer flowers to policemen as a gesture of compassion & gratitude.
We have to lead this movement with love and peace! https://t.co/HgDSf2gX0U
— Abhijeet Dipke (@abhijeet_dipke) June 6, 2026
The appeal echoed guidelines issued by the organisation ahead of the protest, which urged participants to avoid confrontation and maintain non-violent conduct.
Security Tightened
With a large turnout expected, security was heightened across the national capital. Additional police personnel were deployed at Indira Gandhi International Airport, border entry points and other sensitive locations.
ALSO READ: CBSE Extends Class 12 Verification, Re-Evaluation Application Deadline: Check New Date Here
Officials said more than 1,000 police personnel were stationed across New Delhi and nearby areas as a precautionary measure.
Despite the heavy security presence, organisers continued to stress that the protest was intended to remain peaceful and focused on student issues.
Meanwhile, activist Sonam Wangchuk expressed support for the movement and said he would undertake a six-week fast if Dipke were arrested.
Focus On Exam Concerns
The Cockroach Janta Party has emerged as a prominent online movement highlighting concerns over alleged irregularities in examinations and recruitment tests.
The group has sought accountability in cases linked to NEET, CBSE, CUET and SSC examinations, arguing that students deserve a fair and transparent system.
ALSO READ: Tech Layoffs 2026: 1,00,000 Jobs Gone In Five Months As Companies Slash Workforce
Essential Business Intelligence,
Continuous LIVE TV,
Sharp Market Insights,
Practical Personal Finance Advice and
Latest Stories — On NDTV Profit.
Business
Rs 52,600 Minimum Pay & Fitment Factor Of 3.8, Demands Railways Employees’ Association


Consultations for the 8th Central Pay Commission are underway. The Indian Railways Technical Supervisors’ Association (IRTSA) is among the groups asking for salary revisions from the central government.
In a memorandum submitted during an interaction with the 8th Pay Commission on May 19 in Hyderabad, IRTSA proposed a hike in minimum pay and higher fitment factors for technical workers.
IRTSA demanded that the minimum basic salary should be revised to Rs 52,600. It also asked for classifying the post of Senior Section Engineer under Group-B gazetted status. Further it also proposed separate fitment factors for different categories of workers.
The fitment factor is used to calculate the extent to which existing salaries can be revised.
IRTSA recommended that higher indexing of fitment factors should be followed for safety category posts. It advocated a fitment factor of 2.92 for level-1 posts. For posts in levels 6,7 and 8, the association said the fitment factor should be 3.5 and for levels 9 to 12, 3.8.
The association also put forward the demand for a structured five-grade promotional hierarchy for Junior Engineers (JEs), starting from Level-7.
It also called for the correction of pay anomalies that affect technical supervisors as well as better alignment of pay structures in departments for the equitable treatment of employees with comparable responsibilities.
Also Read: 8th Pay Commission: Big Pension Change Proposed For Senior Citizens; Check Age-Wise Benefits
According to IRTSA’s memorandum, many railway engineers handling critical technical and supervisory functions face prolonged stagnation.
It highlighted how promotion to Group-B suffered from bottlenecks like less number of posts and unjustified comparisons with technical supervisors. IRTSA also asked for the inclusion of a training period for the Modified Assured Career Progression Scheme (MACPS) and the implementation of said scheme and its related court judgements.
The association also discussed allowances for technical supervisors such as night duty, overtime and Production Control Organisation (PCO) allowance with the 8th Pay Commission staff. It opposed the withdrawal of the PCO allowance, claiming that it helps improve productivity.
IRTSA asked for the extension of accident-free service award, risk and hardship allowance to open line engineers as well as staff.
Also Read: 8th Pay Commission: This Employee Body Submits Plea For 3.05 As Fitment Factor; Explains Rationale
Over the past few months, several associations have put forward their demands before the 8th Central Pay Commission.
As of now, no decision has been taken on IRTSA’s demands. The commission will collect submissions from different stakeholders before presenting its recommendations to the Centre.
Essential Business Intelligence,
Continuous LIVE TV,
Sharp Market Insights,
Practical Personal Finance Advice and
Latest Stories — On NDTV Profit.
Technology3 weeks agoFree iPhone update brings huge upgrade to millions
Business3 weeks agoProfit Surges 3.5x, Dividend Declared
Video4 weeks agoরুটি বানানো যার কাছে খেলার মতো | Street Food | World News | Protidiner Bangladesh
Video4 weeks ago🚨 BREAKING: Trump CAVES to Democrats
Video4 weeks agoচীনে সড়কে জমাট পানি ৩০ সেকেন্ডে নিষ্কাশন | China | World News | Protidiner Bangladesh
Video4 weeks ago🔴 LIVE | Siyatha News | 6.00 PM | 25 – 04 – 2026
Technology3 weeks agoAll WhatsApp users placed on red alert and urged to check one setting
Business4 weeks agoAramco CEO Warns Of Long Oil Market Disruption As Profit Jump





















