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Budget 2026 eases tax compliance, cuts TCS, overhauls penalties; relief for IT, NRIs and small taxpayers

Finance Minister Nirmala Sitharaman unveiled significant tax reforms in the Union Budget 2026, slashing TCS rates on overseas travel and remittances for education/medical needs. The budget also introduces simplified tax return forms, extended filing deadlines, and a one-time foreign asset…

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Union Budget 2026: Key announcements for CFOs across tax, capital markets and industry

During her presentation, the FM, Nirmala Sitharaman unveiled a set of measures spanning corporate taxation, capital markets, clean technologies, infrastructure risk mitigation, logistics, advanced manufacturing and MSME financing – areas that directly shape corporate financial planning and capital allocation.

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Budget 2026 taps ICAI, ICSI for short-term skill courses to boost employability

The Union Budget 2026 will support ICAI and ICSI in developing short, modular courses to boost employability and job placement for young professionals. This initiative aims to bridge skill gaps and align training with industry needs, forming a key part…

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FM maintains fiscal prudence with 4.3% deficit target

The move aligns with expectations from credit agencies and market analysts that had forecast a deficit around this level, signalling confidence in nominal GDP growth, buoyant tax receipts, and controlled expenditure growth.

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MCX shares crash 15%, hit lower circuit amid deepening gold, silver rout

MCX shares plummeted 10% as gold and silver prices crashed 6% each, extending Friday’s worst-ever selloff. Profit-taking and a strengthening US dollar drove the correction. The exchange will hold a special Sunday trading session for the Union Budget 2026 presentation.

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Union Budget 2026: FM Nirmala Sitharaman's Key Highlights for India Inc

Here are the major developments from Union Budget 2026 that matter the most for India Inc and the CFO community. Finance Minister Nirmala Sitharaman presents her nineth union budget.

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  • 5% annual increase in SIP can boost your retirement corpus by more than ₹83 lakh. Here's how

    With a step-up SIP, an investor can increase their SIP amount annually as their annual income grows and accumulate a higher retirement corpus compared to a regular SIP.

  • RBI revokes Paytm Payments Bank licence: But what happens to your Paytm Wallet, UPI, and account now?

    The RBI cancelled Paytm Payments Bank's license for non-compliance, stating it harmed depositors' interests. The central bank assured users their funds are safe and the Paytm app will continue normal operations.

  • Investing after 45: 5 smart ways to balance safety, growth and retirement planning

    Investing at 45 demands a smart balance between safety and growth, combining equities, insurance, and disciplined asset allocation to beat inflation and secure a stable, comfortable retirement future.

  • Physical gold vs gold ETF vs SGB vs digital gold: How tax differs across yellow metal investment modes in India

    Gold investments in India include physical gold, ETFs, SGBs, and digital gold, each differing in taxation and structure. Here's how each asset is taxed in India. 

  • Why health insurance claims get rejected and what CSR really means: Top insurers ranked by claim settlement ratio

    Health insurance in India plays a crucial role in financial protection, as rising health care costs and the risk of claim rejections make clarity on coverage, exclusions, and the claim settlement ratio essential for better decision-making. 

  • EPF pension claims: Bombay High Court rules employees can't be penalised for employer lapses, sets aside rejection

    The Bombay High Court on 18 April addressed petitions against pension rejection under the Employees’ Pension Scheme, ruling that employees should not be penalised for employers' lapses. Full details here. 

  • How credit card inactivity affects your credit score and why regular usage supports a strong credit profile

    Stop ignoring your credit card; credit score health depends on activity, not inactivity. This article explains how credit card usage habits shape credit score, credit utilisation and long-term financial stability. 

  • Quietly moving away from physical gold: ClearTax's Archit Gupta explains how Indians are changing how they invest

    This Akshaya Tritiya, gold purchases in India reached ₹20,000 crore, but physical sales weakened, according to ClearTax's chief executive. Many transactions were made through old gold exchanges, and digital and ETF investments increased.

  • NPS withdrawal options explained: Lump sum, annuity and phased withdrawal choices

    The National Pension System (NPS) enables individuals to save for retirement with flexible withdrawal options. Recent rules enhance flexibility for both government and corporate employees, allowing different withdrawal percentages.

  • How to report cybercrime in India: Step-by-step guide to filing and tracking complaints

    A cybercrime or a financial fraud can strike instantly, but fast action matters. This guide explains how to report a cybercrime in India through the cybercrime portal and track your complaint for quicker resolution and safety.

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