News

NPS withdrawal rules 2026: how the new Retirement Income Scheme works

The mandatory annuity requirement for non-government subscribers has been reduced from 40% to 20%.

Selling the property? Here's all you need to know about capital gains tax rule

Selling a property can leave you with a sizable profit, but it can also rake up significant taxes. The amount of tax you pay depends on how long you have owned the property and the capital gains tax rules introduced in the Union Budget 2024 and made effective from July 23, 2024. The changes have altered how long-term gains from property sales are calculated and taxed.

5 reasons why you can get income tax notice for FY 25-26 ITR: Salary income, TDS, AIS mismatches and more

5 reasons why you can get income tax notice for FY 25-26 ITR: Salary income, TDS, AIS mismatches and more

Q4 Results: LIC profit rises 23%; board declares Rs 10 dividend per share

Net profit for the quarter came in at Rs 23,467 crore compared with Rs 19,039 crore in the corresponding period last year.

RBI cancels registrations of 150 NBFCs; around 67 firms from Delhi, 75 from West Bengal

New Delhi: The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of 150 Non-Banking Financial Companies (NBFCs), with the highest number of affected firms registered in Delhi and West Bengal, according to a central bank release issued on Thursday

Importance of insurance agents

The insurance agent is crucial for more inclusion. His commissions should not be grudged. He can rope in younger people.

LIC announces 1:1 bonus issue, first since listing. Check details

State-owned insurer LIC's board has approved a 1:1 bonus share issue, granting one additional share for every share held on the record date. This move will be funded by capitalizing Rs 6,325 crore from reserves by December 2025 and is expected to be completed within two months of the board's approval.

RBI MPC keeps repo rate unchanged at 5.25%

Indian economy on strong footing but duration of West Asia conflict, resultant damage to the energy infrastructure add risk to inflation, growth outlooks, says RBI Governor Malhotra.

IRDAI retains LIC, GIC Re, New India Assurance as D-SIIs for FY26

IRDAI has retained LIC, GIC Re and New India Assurance as Domestic Systemically Important Insurers (D-SIIs) for FY26, with no change from the previous year.