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A retired LIC employee won ITAT Jaipur relief on 9.04 lakh in leave encashment after the tax department restricted her exemption to 3 lakh. The ruling examines whether the enhanced 25 lakh limit introduced in 2023 can benefit employees who retired earlier.

For now, investors  see continued central bank buying and demand for safe-haven assets as key supports for bullion. However, predictions of fresh record highs remain forecasts rather than guarantees.

Sundaram Finance has raised fixed deposit rates from October 16, 2026. Check revised rates across different tenures. 

The IDBI Bank would continue to operate under the existing framework of company and labour laws, says Arunish Chawla, secretary, DIPAM. 

Insurance Regulatory and Development Authority of India chairman Ajay Seth also hinted that Irdai is unlikely to extend the deadline for submitting feedback.

Salary hikes may not increase savings if lifestyle expenses rise alongside income. Here are five money habits young professionals should watch, from lifestyle inflation to emergency fund planning.

Airfloa Rail Technology has won a 34.85 crore contract from Integral Coach Factory, Chennai, to design interiors and carry out development work for a Vande Bharat sleeper trainset. Details.

Emirates has said Navi Mumbai International Airport lacks essential facilities, including catering and cargo warehousing, to support international flights.

Speaking at Jio Platforms' IPO media meet on 15 October, Ambani said that the company helped transform India from a data-scarce market to a data-abundant nation by making mobile data services affordable.

EPFO has extended the deadline for employers to file September 2026 PF returns and deposit contributions to 31 October from 15 October. The extension follows the revision of the PF wage ceiling and gives employers more time to complete compliance formalities.

Diwali cash bonuses from employers are taxed as salary at the employees applicable tax rate. Here's when gifts are exempt from tax and how to report it in ITR. 

The Andhra Pradesh High Court has directed authorities to pay widow pension arrears from the date of application, ruling that administrative delays cannot deprive eligible beneficiaries of their entitlement. The arrears must be paid within eight weeks. 

A 26-year-old earning 40,000 a month should prioritise adequate health insurance coverage, compare policy exclusions and hospital networks, and choose add-ons such as restoration, maternity and OPD benefits based on costs and individual needs.

A 25-year-old living independently in a Tier 1 city may need a monthly take-home salary of 70,000 to 1.4 lakh to meet living expenses and save 20-30% of income, depending on the city and lifestyle.

Reliance Jio Platforms IPO could reshape mutual fund exposure to Indias telecom sector. While some schemes have significant allocations to Bharti Airtel and Vodafone Idea, the impact will depend on valuations and fund managers' investment strategies. Here's what you need to know. 

The reporting mechanism could help authorities identify suspicious transactions, including instances where services are falsely declared to move money across borders.

A credit score above 750 can strengthen a personal loan application, but it does not guarantee approval. Here's why.

The tribunal held that a taxpayer could claim Section 54 exemption for the basement, ground floor and third floor received after redevelopment, while also directing a revised calculation of capital gains using a registered valuers report.

Dave Ramsey recommends teaching children four balanced money habits. He is the author of the international bestseller, The Total Money Makeover.

IDBI Banks proposed stake sale to Fairfax has raised questions for depositors, FD holders and employees. What could the ownership transition mean for existing deposits, interest rates, banking charges and job security? Here is what experts say.

Over the next five years, people could use AI to support services such as website design, writing, translation, and business consulting, or to build courses, videos and products. 

SGB 2019-20 Series V investors can redeem their bonds at 14,725 per gram on October 15, 2026. Price gains range from 289% to 294%, excluding interest and taxes. Budget 2026 changes mean premature redemption is no longer eligible for the capital gains tax exemption.

David Bachs The Automatic Millionaire argues that building wealth depends less on earning a large salary than on creating habits that make saving and investing automatic. 

AI demand, tight supplies of memory chips, and capacity shifts toward high-bandwidth memory are pushing up costs for smartphones, laptops and servers, leading to a chipflation. How long will it last?

Gen Z has more financial advice at its fingertips than any generation before it. But with influencers, family, friends and AI offering competing answers, knowing whom to trust is the real challenge.

Gold and silver prices rebounded on October 15 after a three-day losing streak, following a sharp selloff. While easing Treasury yields and a weaker dollar supported the recovery, shifting Fed rate expectations remain key factors to watch.

NCERTs new Class 9 chapter covers budgeting, saving, investing, insurance and tax. But teachers and experts say lasting money habits will depend on classroom practice, parental involvement and progressive learning.

Hyderabad-born Prem Watsa built Fairfax Financial Holdings into a global insurance and investment business, drawing inspiration from Warren Buffett. The IIT Madras alumnus moved to Canada with just $8.

India leads Huruns U35 comparisons with 180 entrepreneurs, ahead of Chinas 101 and the UKs 62. It also has the most women.

Dearness allowance hike: Central government employees are still awaiting clarity on the July 2026 dearness allowance hike after the Union Cabinets latest meeting. While the announcement remains pending, two other proposals have received approval. 

Romita Mazumdar, Foxtales founder and CEO, is the youngest woman on the Avendus WealthHurun India U35 List 2026. The 31-year-old launched the skincare company in 2021 after working in investment banking and private equity. 

Sectoral mutual funds: Banking, automobiles, power and healthcare are among the sectors offering opportunities amid diverging performance between large-cap and small-cap indices in H1FY27. Here is what investors should know about the outlook. 

HDFC Small Cap Fund has delivered negative returns in 2026 so far, while Bank of India Small Cap Fund leads the category with 32.71% returns. Differences in small-cap allocation, sector exposure and stock selection offer insights into the contrasting performance of the two schemes.

The government is unlikely to have a spectrum auction this fiscal year as telecom operators have little need for additional airwaves. The move will be the second straight year that the government misses its own annual auction timeline.

The Union Cabinet has approved renaming the National Social Assistance Programme (NSAP) and revising disability pension rules. Monthly assistance will rise to 375 for beneficiaries aged 0-79 and 625 for those aged 80 and above, while the disability threshold drops from 80% to 40%.

The current prices are a sharp departure from the steep festive discounts Indian smartphone buyers had come to expect until last year.

The IDBI stake sale comes after hectic dealmaking, with potential buyers such as Dubai-based Emirates NBD also in the fray. In a transaction that was run by DIPAM, along with KPMG India, Fairfax Financial Holdings emerged as the highest bidder.

Draft rules requiring general insurers to trim expense of management (EoM) ratios by up to 13.6 percentage points and life insurers by 10.9 points by FY29 are prompting calls for a phased transition.

Weak consumption, inflation, and pricier gadgets cloud hopes for sales. Flipkart and Amazon are expanding seasonal roles, but abundant labour and soft demand may keep bonuses largely flat.

Report the transaction through your UPI app and bank immediately to improve your chances of recovering the money

Indian residents earning dividends from US stocks generally receive payouts after US withholding tax. The full dividend is again taxable in India. Here's how to claim relief.

IDBI employees have demanded the deal process be suspended immediately.

The Supreme Court has directed Indian Railways to make insurance mandatory for all tickets bought at station counters from October 27, 2026, extending coverage already available optionally to online ticket holders. Details here. 

Being an executor involves managing a deceased persons estate, settling liabilities and distributing assets. Heres what the role entails and when you can renounce it.

The deal would be the largest foreign direct investment in Indias financial sector to date, Finance minister Nirmala Sitharaman said after the Cabinet Committee on Economic Affairs meeting on Wednesday.

The Cabinet Committee approves Canadian billionaire Prem Watsa-led firm's bid; deal requires RBI and other regulatory clearances.

IDBI Bank Ltd's 60.72% of total shareholding is being sold through the transaction, comprising 30.48% stake held by the Government of India and 30.24% stake held by LIC.

Fairfax will either have to sell its 40% stake in CSB Bank or merge it with IDBI Bank, as RBI regulations do not allow an entity to own two banks.

A credit score may not rise immediately after the final EMI; lenders must first report the loan closure to credit bureaus.

EPFOs new EPF rules group partial withdrawals into essential needs, housing and special circumstances, with a 12-month minimum membership requirement. Details here.