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The 8th Pay Commission has received a proposal from IRTSA for graded fitment factors ranging from 2.92 to 4.38 across pay levels. Railway technical supervisors also want a 5% annual increment and changes to minimum-pay calculations. Read on to know more. 

Consumers will not pay extra for UPI transactions when a new merchant discount rate takes effect on October 15. Merchants will pay a 0.4% fee on qualifying payments above 2,000, capped at 300, and cannot pass the charge on to customers.

About 13% of Policybazaar customers pay health insurance premiums in monthly or quarterly instalments, with an average annual premium of 17,500. Here's how the model works and what customers should know before opting for it.

Sweep-in FD vs Regular FD: Understand five key differences in liquidity, interest rates, withdrawals, charges and suitability. Compare SBI, HDFC Bank and ICICI Bank FD rules to choose an option that suits your savings needs and financial goals.

Unused funds on an Indian travellers forex card can be converted into rupees through the issuers refund or encashment process. The complete process explained. 

Understand the credit card overlimit facility, RBI consent rules, overlimit fees, interest costs and credit score impact. Check six important things to analyse before opting in, including transaction approval, repayment obligations and ways to avoid unnecessary credit card debt.

Investors can sell loss-making stocks to offset eligible capital gains from other assets. Here's whether you can lower your tax liability from mutual fund gains by using stock losses. 

Home loan rates start at 7% at select public sector banks in October 2026. Compare rates across 12 public sector banks, including SBI, Bank of Baroda and PNB, and understand the factors that can affect your final borrowing cost before applying.

Marriage does not automatically merge credit scores, but your spouses credit history can affect a joint home loan application. Find out how lenders assess both applicants credit scores, repayment records and existing debts, and how couples can improve their loan eligibility.

NRIs can legally own and rent out property in India while they are living abroad. Here's who can help to manage the house, how to receive rent, pay tax and remit money abroad. 

As rising property prices make down payments harder to afford, some young Indian homebuyers may rely on financial help from parents. Here's whether the money is tax-free, can it invite scrutiny and documents required to avoid trouble.

Personal loan interest rates in October 2026 range from 8.90% to 30.50% across 22 lenders. Compare personal loan EMIs, interest rates and processing fees for a 5 lakh, five-year loan before choosing a lender and assessing your repayment capacity.

The 8th Pay Commission may revise central government salaries based on an approved fitment factor. Compare illustrative basic pay calculations at 3.25 and 3.833, understand union proposals and check when the final salary revision recommendations are expected. Read on to know more. 

UIDAI allows Aadhaar holders to report a family members death through an online facility. The process requires specific documents and identity verification. Heres how to submit a request, what details you need, and what family members should know. 

If you are married according to religious customs but never registered your marriage, what does that mean for your legal rights? Experts explain the applicable rules, whether registration is mandatory, and why a marriage certificate can matter in financial and legal disputes.

Expecting to receive a festive bonus this Diwali 2026? With mixed returns across mutual funds and gold, and bank FDs offering predictable interest, where should you put your extra money? Experts explain what to consider based on your financial goals and risk appetite.

The Finance Ministry has announced the General Provident Fund (GPF) interest rate for the October-December 2026 quarter. What does the latest notification mean for eligible government employees, and what should subscribers know about their retirement savings?

Revised rates to take effect from October 11; 2435 months and 15 months digital fixed deposits to earn 7.5%.

LIC outpaced private insurers in individual life insurance premium growth in September 2026, but private players grew faster in total new business premiums. HDFC Life and ICICI Prudential Life stood out. What do these trends mean for policy buyers?

Banks will have to maintain 99% of their required cash reserve ration (CRR) each day from 16 October 2026, up from 90%, though the overall ratio remains at 3%. 

The Airline Operators Committee has asked MIAL to share technical evidence behind T1's structural risks and the alternatives it considered before proposing to shift 265 weekly international flights to Navi Mumbai.

The CBDT has revised Income Tax Form 161 through a notification dated 8 October. The amendment updates the rules governing applications for penalty waiver. What does the revised form mean for taxpayers, and what conditions should they meet?

Zerodhas youngest customer is just 28 days old; Parents make the first investment within a week of signing up.

As public confusion mounted over potential fees on general consumer shopping and peer-to-peer transfers, the government issued key clarifications regarding the framework of the UPI Merchant Discount Rate.

The 57th GST Council has recommended changes to simplify GST registration cancellation, including automatic processing of applications and system-based cancellation for certain defaults. What do business owners need to know about the application process and other key deadlines? 

The small-cap mutual fund category has outperformed the mid-cap category in 2026 so far, but does the trend hold over longer periods? While category averages reveal a changing picture across three- and five-year horizons, individual schemes show a wide divergence in performance.

The high court has said Section 125 CrPC aims to prevent destitution. It upholds the Family Courts finding that the wife left the matrimonial home without sufficient reason.

The 8th Pay Commission report is expected by May 2027 under its 18-month mandate. Know the expected salary hike timeline, government approval process, fitment factor demands and whether central government employees may receive arrears from January 2026.

A 5 lakh emergency fund needs a balance of quick withdrawals, capital safety and returns. Compare savings accounts, bank fixed deposits and liquid mutual funds, understand their risks and withdrawal timelines, and explore how to allocate emergency savings based on income stability.

Getting your first credit card at 18 can help build a credit history, but careless spending can lead to debt. Experts explain repayment habits, credit utilisation, secured cards and ways to protect your credit score.

The GST Council on Thursday approved reforms that are scheduled to take effect on 1 April 2027, aimed at reducing the compliance burden on businesses. Here's the full list of changes and what happens to those already facing prosecution.

Actor Anushka Sharma and her family have purchased three apartments worth a combined 44.1 crore at Godrej Skyshore in Mumbai's Versova. The transactions include individual purchases by Anushka and her parents, as well as a joint apartment purchase by Anushka and cricketer Virat Kohli.

A 30 lakh investment in the Senior Citizens Savings Scheme (SCSS) at 8.2% interest can generate 61,500 per quarter, equivalent to 20,500 per month. Check the October-December 2026 interest rate, eligibility criteria, investment limits, tax rules and withdrawal conditions.

Irdais proposed reforms aim to make insurance pricing, commissions and distribution more transparent. But policyholders must still understand their cover and stay prepared for claims and renewals.

Credit utilisation measures how much of your total available credit you use. Using your credit card heavily can lead to lower credit. Here's why it happens and how to avoid it.

A senior citizen in Navi Mumbai faced a 2.20 crore tax addition after the Income Tax Department treated two documents for the same flat as separate purchases. The ITAT granted relief, highlighting why joint ownership alone does not establish who funded a property and why payment records matter.

The government wants to accelerate financing for the scheme to make households less dependent on conventional sources of electricity.

High protein or no added sugar may catch your eye, but what does the label reveal? Experts explain how to read serving sizes, calories, nutrients and ingredients, helping you look beyond prominent packaging claims and understand what you are buying. 

The ministry of rural development is bringing in IIT and NIT academicians for inter-state inspections to pinpoint defect causes and boost accountability across Indias 800,000-km rural road network.

Missing a life insurance premium usually does not end cover immediately. A grace period is provided, post which the policy may lapse. Check revival process and other details.

Gold and silver prices today, 9 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

PFRDA chief S. Ramann discusses the future of NPS, a proposed retirement income scheme, greater competition in annuities, NPS Swasthya, gig workers and grievance redressal.

8th Pay Commission has yet to finalize fitment factor. Unions have sought 3.833x and 4x. For Level 1 employees with 18,000 basic pay, these imply revised basic salaries of 68,994 and 72,000, increases of 50,994 and 54,000, respectively, with a difference of 3,006 between the two estimates. 

HRA tax exemption is available only under the old tax regime and applies to rent paid for the residential home an employee actually occupies. Here's whether you can claim HRA for two properties.

New Delhi will offer credit lines to African and Latin American nations to help domestic manufacturers find new buyers as steep US tariffs stall exports and trigger a factory capacity glut, new and renewable energy secretary Santosh Kumar Sarangi told Mint.

New guidelines widen monitoring of AI-enabled devices, software glitches and cybersecurity risks while extending reporting to primary health centres.

SEBI has introduced a new mutual fund-like Credit Risk-o-Meter to help investors understand the credit risk of corporate bonds and other debt instruments. The meter classifies them into six credit-risk levels, ranging from the lowest to very high risk of default. Heres what investors should know.

Several diversified equity funds have delivered negative returns so far in 2026, but the picture changes sharply over longer periods. Heres a look at funds in the red on a YTD, three-year and five-year basis, and what investors should consider.

RBI rules may entitle customers to compensation when banks miss deadlines for services such as resolving failed digital transactions, closing credit cards, returning property documents or correcting credit reports. Compensation varies by case, from 100 per day to 5,000 per day.

The complainant bought a Kia Sonet HTX Diesel in March 2022 for around 13.69 lakh, including on-road costs. He later purchased an extended warranty that remained valid until March 2027.