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The CBDT has expanded its SAKSHAM NUDGE initiative to include tax professionals, sending nearly 12,000 reminders to those with lower-than-usual tax audit filings. 

US regulators fined Bank of America $1.21 billion for failing to detect and report billions of dollars in suspicious transactions and sanctions-related payments. The bank expects the penalty to reduce third-quarter net income by about 17 cents per share.

LIC will offer three new insurance plans from 19 October 2026. New Jeevan Dhara-II provides deferred annuity income, Health Shield offers fixed health benefits, and New Cancer Cover provides financial payouts for specified cancer diagnoses.

The Karnataka High Court ruled that postal authorities could not deny PPF interest after allowing an irregular HUF account to operate for 12 years. The decision highlights the authorities' responsibility for irregularities they permitted.

LTCG tax rules differ across stocks, mutual funds, gold and property, with different holding periods, tax rates and exemptions. Here is what investors need to know about the tax treatment of their investments under the current framework.

Buying property in a spouses, childs or parents name can invite benami law and tax scrutiny if ownership and funding arrangements do not meet legal requirements. Know the statutory exemptions, potential penalties and documents buyers should maintain to establish legitimate ownership

Eastern Railway has replaced standard blankets with floral comforters in First AC coaches of the Howrah-New Delhi Rajdhani Express from 11 October. The new bedding will be washed and sanitised after every round trip to improve hygiene.

The RBI's 25-basis-point repo rate hike could increase the EMI on a 50 lakh home loan by 852 867 a month over 30 years, or 759 over 20 years under a separate interest-rate assumption. Borrowers with larger loans could face higher monthly increases.

Pensioners aged 80 and above can submit their Jeevan Pramaan Digital Life Certificate from October 1, while others can do so from November 1 to 30. Heres how to generate a life certificate using Aadhaar-based face authentication, the documents required and alternative submission methods.

RERA gives homebuyers legal protection against excessive advance payments, delayed possession, unauthorised changes to property plans, construction defects and false advertising. Here are five rights buyers should know before purchasing a home.

A returning NRIs UK workplace pension is tax-free in India while they qualify as RNOR, but becomes taxable as salary income once they become ROR, even if it remains in a UK bank account.

Investors building a mutual fund portfolio for a 10-year goal should balance large-cap stability with mid- and small-cap growth, while diversifying across debt, gold and international equities. Experts explain how valuations, risk appetite and rebalancing should shape portfolio allocation.

A consumer commission has directed United India Insurance Company to pay 70 lakh to a BMW owner whose car was gutted in a fire after a tyre puncture left him stranded on a Maharashtra highway. 

LTCG tax is back in focus after SBI Research proposed scrapping the tax on equity investments. Here are the latest LTCG tax rates, the 1.25 lakh exemption on eligible equity gains, property taxation rules and what investors need to know.

An Indian factory takes 23% longer to fill the same export order than a Vietnamese factory and pays for 18% more labour-hours to do it.

Mumbai ITAT has ruled that 82 lakh received by a flat owner as hardship compensation under a redevelopment agreement was not taxable as income. The ruling offers guidance to homeowners receiving compensation from builders during housing society redevelopment.

SBI Research has urged the government to scrap long-term capital gains (LTCG) tax on equities and extend holding periods to two or three years to attract foreign investment. The proposals come amid heavy FPI outflows and pressure on the Indian rupee.

The ITAT has ruled that the sale of Transferable Development Rights (TDRs) for 6.02 crore attracts capital gains tax after the land was surrendered for road widening. However, eligible land costs and deductions must be considered when calculating taxable gains.

MEME ministry secretary Bharat Khera has called for greater technology transfer, vendor development and supply chain integration as smaller firms face global disruptions and rising costs.

E-commerce giants use psychological tricks like countdown timers, artificial price inflations, and easy financing to drive impulse buys during festival sales. Experts warn consumers to track price histories and look out for hidden fees on No-Cost EMI options before buying.

Will LTCG tax be scrapped? Union Finance Minister Sitharaman signals openness to debate as SBI Research urges tax relief to attract foreign investors.

The Income Tax dept is scrutinising records at the Badshahpur tehsil office in Gurugram after it found the same PAN was used for 25,000 property registrations, worth transactions of 55,000-crore.

In the past, India has cut back oil purchases from sanctioned nations. This time, the situation is different. The global oil supply is tight due to the Russia-Ukraine and West Asian crisis.

UPI MDR fee update: NPCI has deferred the implementation of Merchant Discount Rate (MDR) charges on select person-to-merchant (P2M) UPI transactions until after Diwali 2026. The exact date is yet to be announced. The deferment does not mean the proposed charges have been cancelled.

An EPF account may become inoperative after three consecutive years without contributions following retirement or age 55, whichever is later, or after moving abroad. Here's how you can recover your account or corpus 

Merchant Discount Rate of 0.4 pc on UPI transactions over 2,000 deferred; to come into effect post Diwali: NPCI statement

SBI has warned investors against fraudulent investment schemespromising 30% monthly returns. Identify these four warning signs, verify SEBI registration and protect your savings from online financial scams.

Setting aside 2000 per month for your child can help secure their financial future. Here's how you can use the government backed PPF facility to set them up for crorepati status in the long run. 

The finance ministry says merchants cannot pass the charge to customers. But who acts if a shop charges extra for UPI payments, and how can the customer recover the money?

Building wealth in your 20s and 30s need not mean extreme frugality. Starting early, investing regularly and directing part of every salary hike towards investments can help balance present-day pleasures with future financial security.

Gold and silver prices today, 13 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.

PM Kisan 24th instalment date: The government has not yet confirmed when farmers will receive the next 2,000 payment. Check the latest update, online payment status, eligibility requirements and steps to resolve payment delays.

Hindi studios are increasingly backing younger actors for major and mid-budget films as established stars age. Will the bet pay off for Bollywood?

Indias pension system is getting better at helping people save for retirement. But for older informal workers with little pension income, reverse mortgages could turn home equity into a financial lifeline.

Mobile video platforms and OTT players are using artificial intelligence models to lower production costs and personalize content discovery, though turning faster rollouts into sustainable viewer engagement remains a challenge, insiders said.

Celebrities are using Facebook and Instagram Live to sell sarees, combining product demonstrations, entertainment and direct customer interaction. 

The MumbaiAhmedabad Bullet Train project has completed all 14 portal beams over Vadodaras DelhiMumbai Rajdhani line. The 508-kilometre corridor is more than 80% complete in land and major structural progress, with its first operational stretch expected in 2027.

The commission, chaired by former Supreme Court Justice Ranjana Prakash Desai, is reviewing proposed pay and pension changes. Possible fitment factors range from 1.83 to 3.83. The panels report is due by May 2027. 

The 8th Pay Commission's latest updates include notices regarding visits to Mumbai, Bengaluru, Jaipur, and Chandigarh, as well as revised consultant engagement guidelines. Here are 5 key developments that central government employees and pensioners should know about. 

From dearness allowance (DA) to pay scale, salary structure and pension revision, increments and promotions Here's the full list of what employees and pensioners can be expect from the 8th CPC. 

Should you repay 2 lakh in credit card dues or a 5 lakh personal loan first? Experts explain why high-interest credit card debt usually takes priority, how minimum payments increase borrowing costs, and how to protect your credit score while repaying both debts. 

Companies like Ather Energy, Ceat, and Lumax Auto Technologies are establishing local offices, hiring Chinese executives, and setting up offshore units to optimize procurement costs, secure rare-earth inputs, and bypass mounting trade bottlenecks.

Electric car insurance claims cost 14% more on average than comparable petrol and diesel car claims, with average costs rising further during monsoon conditions. Here's why.

Adani has begun construction of 10,432 rehabilitation homes for eligible Dharavi residents on a 22-acre Matunga railway site in Mumbai. The project includes 10 high-rise towers, commercial units and community facilities, with completion planned in phases until 2030.

India has offered quota-based tariff concessions on car imports from the United Kingdom and the European Union (EU) under its free trade agreements with the two regions.

A property seller facing a 90.09 lakh income tax penalty after failing to file an ITR has received another chance to appeal. The ITAT condoned the delay and ordered fresh consideration, but did not cancel the penalty or decide the tax dispute.

The rupee surged 93 paise after the RBI tightened forex rules to curb dollar speculation. Experts explain how the measures could affect returns on US stocks, international mutual funds and ETFs, and what Indian investors should know about currency risk and overseas investments.

A consistent monthly investment can help salaried individuals build wealth over 10 years. For those earning 50,000, 1 lakh or 2 lakh a month, the potential corpus depends on how much they invest, the returns they earn and how inflation affects the future purchasing power of their savings.

HCLTech expects little workforce impact from the US suspension of PERM applications, citing its limited recent use of the programme and increased recruitment of local talent. Analysts say the move is unlikely to significantly affect Indian IT firms, though it could complicate some H-1B extensions.

Festive gold buying is common in India, but cash purchases and tax compliance rules apply. Here's all you need to know before purchasing ornaments and jewellery this Dhanteras.