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- Will UPI payments remain free? RBI Governor clarifies there is no decision yet on Merchant Discount Rate
The RBI Governor said it is too early to decide whether UPI transactions will attract Merchant Discount Rate (MDR), even as the proposed Payment and Settlement Systems (Amendment) Bill has revived the debate.
- Income Tax Department flags bogus deduction claims using data analytics; know how technology tracks tax fraud
The Income Tax Department is using data analytics, verification checks and SAKSHAM NUDGE campaigns to identify fake deduction claims. Over 1.25 crore updated ITRs have been filed, generating ₹9,493 crore additional tax payments during FY 2024-25 and FY 2025-26.
- Central govt employees' DA hike: July 2026 calculation complete after CPI-IW data, 3% rise likely
The June CPI-IW data has completed the calculation for the July 2026 Dearness Allowance revision under the 7th Pay Commission. Here's why the official inflation numbers point to a likely 3% hike and what it could mean for employees and pensioners.
- PFRDA extends NPS same-day investment deadline to improve subscriber experience, enhance operational efficiency
PFRDA has extended the NPS same-day investment cut-off from 11 am to 1:30 pm, allowing more contributions to qualify for same-day investment. The revised deadline applies across all major NPS payment channels, improving flexibility, operational efficiency and the subscriber experience.
- When porting a health policy puts your claim at risk
Health insurance portability was designed to empower India's policyholders through choice and competition, but its real-world impact remains limited.
- Radhika Gupta says REITs are not fixed-income investments, but differ from equities: Here’s what another expert thinks
REITs are often mistaken for fixed-income products due to their regular payouts, but they carry equity-like risks. Their returns depend on rental income, occupancy and property cycles, making them a diversification tool rather than a substitute for debt investments.
- Selling US-listed shares after returning to India? Here's how they are taxed
The Indian tax law does not provide any special exemption or relief for losses or gains arising solely due to depreciation of the Indian rupee against the foreign currency during the investment period.
- Will UPI payments remain free forever? Bernstein says consumers likely to stay unaffected; 30-40 bps MDR possible
UPI users may remain unaffected even if Merchant Discount Rate is introduced, according to Bernstein. The brokerage expects large merchants to bear a 30-40 bps fee, while small merchants and low-value transactions may remain exempt. RBI Governor Sanjay Malhotra says it is too early to comment.
- Best FD interest rates in India: Check fixed deposit returns of DCB Bank, RBL Bank, YES Bank and more
Interest rates on fixed deposits differ significantly among banks. Investors should consider factors such as bank reputation and financial goals when choosing deposit options with varying maturities.
- ITR-6 Excel utility for AY 2026-27 released: Eligibility, due dates, key documents explained
The Income Tax Department has released the Excel utility for ITR-6 for AY 2026-27. The utility is now available on the e-Filing portal. The form is applicable to companies that are not claiming exemption under Section 11 of the Income Tax Act.