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The 8th Pay Commission, recently approved by the Union Cabinet, seeks to adjust salaries and pensions using a fitment factor influenced by inflation. Projections suggest a factor of 1.83 to 2.57, affecting around one crore government employees and retirees.

Punjab National Bank reported a borrowal fraud of approximately 2,434 crore to the RBI, connected to SREI Equipment Finance Ltd and SREI Infrastructure Finance Ltd.

This move aims to protect domestic air quality while insulating Indias 8,000 crore industrythe worlds largestfrom rising non-tariff barriers and import rejections in markets like Europe and US.

Taxpayers must link Aadhaar with PAN by 31 December 2025 to maintain PAN validity. The process can be completed online, requiring a valid PAN, Aadhaar number, and mobile number. 

Banks usually allow borrowers to cancel their personal loans, if required, during the cooling-off period with no or low charges. 

In 2025, equity performance varied significantly with silver funds leading at 128% returns. Large and midcap funds excelled due to quality stock selection, while smallcap funds struggled. 

On the borrowers death, the bank asks the co-applicant or guarantor to pay, or recovers the personal loan amount from the deceased persons estate. 

The financial planning in India needs to move away from being product-centric to problem-centric.

The NOVA Credit Card is a luxury credit card that offers accelerated reward points on travel, airport lounge access, low forex markup, golf rounds, and more, designed for those looking to transform everyday moments into milestones.

Logan Paul purchased the Pikachu Illustrator card for millions of dollars four years back, during which he broke a Guinness World Record for the most expensive Pokmon trading card sold in a private auction.

The Indian government plans to enhance drug quality and digital health by 2026, with a focus on good manufacturing practices. The pharmaceutical market is expected to expand significantly, but small manufacturers face challenges in compliance and capital investment.

Bank holiday today, 26 December: The bank holiday today has been decided by the Reserve Bank of India through its bank holiday calendar.

In a letter to the Society of Indian Automobile Manufacturers dated 23 December, the government said it would halt incentives on reaching the scheme's target of 288,809 electric three-wheelers in the L5 category, or on 26 December, whichever came earlier.

Despite being among the worlds largest milk producers, India remains a marginal player in global dairy trade. 2026 could mark a turning pointif quality, branding, and compliance gaps are addressed.

Large packaged consumer goods companies are aggressively courting cats and dogs as Indians increasingly adopt pets and splurge money and attention on them. 2026 could be a pivotal year for competition in this segment.

India Inc in 2026 will see shifts driven by hiring from smaller cities and towns to cut costs, rapid expansion of the gig workforce, and deeper AI adoption reshaping jobs.

Lower prices alone aren't enough for electricity distributors in statesThey need stable power at all times, and they do not want to worry about battery supply issues in the future. The answer is right before them: Good old coal, costly and polluting, but reliable as ever.

Income Tax Refund Status LIVE: I-T department has issued most of the tax refunds for the people who had filed their income tax returns (ITRs) this year, but some have been delayed. Heres a quick guide to help you check your ITR status online.

The Income Tax Department has notified taxpayers via email and SMS that their refunds are being held due to discrepancies in their ITR filings. Many affected individuals are seeking clarity and an extension before the 31 December deadline to correct their filings.

While more of these companies are likely to appear in 2026 and secure funding, they remain largely similar, with investors focused primarily on the size and disruptive potential of the market.

Several proposed regional airlines have received no-objection certificates, but these early approvals do little to change the structural barriers that have kept Indias aviation market firmly in duopoly territory.

Always read policy wording carefully, maintain complete medical documentation, and make use of the grievance and ombudsman mechanisms when needed.

As India chases rare earth security, policymakers are turning to an unlikely source: waste. Battery scrap and used magnets are emerging as a strategic supplement to mining. Here's a dive into India's gameplan

A revised ITR is filed to correct any mistake in the original ITR. A belated ITR is an original ITR filed if a taxpayer misses the due date for ITR filing. Here is a detailed breakdown.

For many, the new tax regime's appeal lies in paying a lower or comparable amount of tax while avoiding the hassle of submitting proof for deductions.

India's theatrical business anticipates a balanced 2026, with increased box office collections and a diverse range of films succeeding. The rise of regional and mid-budget films indicates a shift in audience preferences, moving beyond reliance on big blockbusters and embracing original narratives.

Bank holiday today on Christmas 2025: India is celebrating Christmas on 25th December, Thursday, along with the rest of the world. One of the biggest festivals across the world, Christmas is celebrated as a national holiday in India, which is why banks will be closed today.

Generative AI is the fastest-growing segment at firms like TCS and Accenture, but experts warn it may be replacing legacy IT revenue rather than adding new business.

Updated vs Revised ITR Income Tax Department gives the taxpaying citizen an opportunity to file a revised income tax return (ITR) and an updated ITR. Here's what taxpayers should know about their differences ahead of the 31 December deadline. 

Most taxpayers have received their ITR returns, but some still await refunds. If refunds fail, taxpayers can request reissue via the e-filing portal, ensuring bank details are correct. 

Taxpayers can rectify errors in income tax returns by filing revised returns ahead of the deadline. The Income Tax Department has not prescribed any limits on filing revised returns.

Bank holidays in 2026: The Reserve Bank of India has announced over 100 bank holidays for 2026, covering national, religious, and regional events. Key holidays include Republic Day, Holi, Independence Day, and Diwali, with specific observances varying by region.

Home buying has become relatively more affordable in most major cities but this improvement is uneven and increasingly skewed towards premium housing

Two decades ago, nobody had heard of Indian single malt. Today, it outsells imports. The man who scripted this revolution is master distiller Surrinder Kumar. His experiments, risks and patience reshaped how the world views Indian whisky. This is his story.

The Income Tax Department has alerted many taxpayers that their refunds are on hold due to ITR mismatches. The identified taxpayers must file revised returns by 31 December 2025, or face additional tax liabilities. 

Music labels are expanding beyond recordings into artist management, betting on independent musicians, fan engagement and 360-degree deals to secure content pipelines and unlock new revenue streams.

Concealing health details may help secure a policy, but it can derail claims later. Why full disclosurenot approvalis the real test of a successful health insurance plan.

The article highlights tax benefits for various loans, focusing on home loans, education loans, vehicle loans, and personal loans. 

India will host weddings worth 6.5 trillion this year, yet few couples insure them. High costs, rare mishaps, and confusing exclusions keep wedding insurance on the sidelines.

Many NRIs are unsure about the tax implications of operating family accounts. Heres clarity on beneficial ownership rules and key reporting requirements.

Promoters of Energy Efficiency Services Ltd are considering a public listing of the company, which has outstanding dues of over 4,000 crore. While the company navigates its debt and cash flow challenges, experts suggest that government backing could attract investors. 

Income Tax Refund Rule: If your ITR does not get processed by 31 December 2026, or within the relevant deadline for previous assessment years, the CPC has to forfeit its right to the ITR.

While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR filing can be corrected. Under Section 139(5) of the Income Tax Act, 1961, taxpayers are given the opportunity to file a revised income tax return.

While most experts remain optimistic about gold, citing a macroeconomic backdrop that continues to favor it, some warn of short-term risks.

A personal loan default can lead to legal action, but timely communication, repayment planning, restructuring options and understanding recovery rules can help borrowers reduce risk and protect credit health.

Income Tax Refund LIVE Updates: The income tax department has reportedly started sending bulk SMS and emails to taxpayers, saying that their refunds had been put on hold due to risk management measures.

As 2026 approaches, the industry is poised to enter a phase of strategic maturity and scale.

Several taxpayers who filed their income tax returns (ITR) in September for the Assessment Year 2025-26 are waiting for their refunds to be credited. Here's all you need to know about the process. 

Taxpayers can claim deductions not reported to employers while filing their income tax returns, even after the employer's TDS calculation. The final deadline for belated returns is 31 December, allowing corrections for missed claims. 

The Income Tax Department is reportedly holding taxpayers' ITR refunds, citing discrepancies in their claims. Many taxpayers are frustrated with the alerts and the short timeframe to revise returns, by 31 December 2025.