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There are several changes in the draft income tax rules that impact the way you pay income tax. (AI image) Draft Income Tax Rules 2026: The Income Tax Department has released a new set of draft income tax rules, which once finalised, will be applicable for financial year 2026-27. There are several changes in the…
Representative image generated by AI (Gemini) In a move aimed at modernising retirement fund access, EPFO is working on a new mobile application that may allow subscribers to withdraw a portion of their EPF savings instantly through the UPI payment gateway. The app, expected to be launched around April, is part of efforts to reduce…
Bangladesh cricket team (Photo by Surjeet Yadav/Getty Images) As discussions continue between the Bangladesh Cricket Board and the ICC over Bangladesh’s potential travel to India for the 2026 T20 World Cup amid security concerns, the situation has revived a familiar debate in international cricket. History shows that teams pulling out of ICC events due to…
The EPFO is a cornerstone of long-term social security for millions of organised sector workers. Its latest reforms reflect a fine balance between liberal & simplified withdrawal options for various needs with a decent corpus at the time of retirement, enhancing financial security and ease of living. Here’s a look at the key changes recently…
Net inflows into equity mutual funds moderated for the second consecutive month in September, standing at Rs 30,421 crore, data from the Association of Mutual Funds in India (AMFI) showed on Friday. This represents a 9 per cent decline from August’s Rs 33,430 crore and remains well below July’s record Rs 42,703 crore, PTI reported.Despite…
Cash withdrawals via smartphones are set to become more widely accessible in India, as plans are underway to extend the unified payments interface (UPI)-based withdrawal facility beyond ATMs to over 2 million business correspondents (BCs) nationwide.Currently, UPI-driven cardless withdrawals are limited to UPI-enabled ATMs and a small number of merchants, who can disburse only Rs…
