The NCDRC has upheld ICICI Prudential Life Insurance’s rejection of a home loan insurance claim after finding that the deceased borrower had suppressed material medical information. The case highlights why borrowers must accurately disclose pre-existing illnesses and medical history.

Profits from stock trading can be classified as capital gains or business income for tax purposes, impacting ITR filing deadlines. Here's when they are classified as business income.

Around 9.13 lakh women have registered for the Delhi Lakshmi Yojana, with 6.52 lakh applications finally submitted. The Delhi government is formally launching the scheme on August 26, with sanction letters being handed over to around 4,000 eligible women.

The ITAT Jaipur has ruled that eligible taxpayers could claim Section 87A rebate on tax payable on short-term capital gains under Section 111A for AY 2024-25. The Tribunal said the law applicable that year did not expressly bar the rebate on STCG, despite the CPC denying it during return processing.

Banks in several Indian states will be closed on August 26 to observe Eid-e-Milad-un-Nabi, which celebrates the birth of Prophet Muhammad. 

India’s lower-middle-class consumers are not abandoning digital channels, but 2026 data shows a surprising shift towards offline transactions. Bill payments, food orders and travel bookings have moved back to physical channels. 

A LinkedIn post highlighted financial challenges faced by professionals with high salaries but high expenses. Many save little due to lifestyle inflation. 

Grocery spending fell 8% while rent rose 21%, showing a mixed picture for household budgets in 2026. GST 2.0 brought price relief, but families largely used the extra headroom for savings, better food, education, and health rather than splurging.

A joint home loan does not automatically mean the surviving borrower gets full ownership of the house if the co-borrower dies. But the survivor remains liable for repaying the entire loan. Here’s what a Supreme Court advocate has to say about this.

Many employees nominate someone when they join their first company and then never review the details again. But life circumstances can change significantly over the years