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Income Tax Dept sets up 24×7 control room in Assam to curb black money ahead of Assembly polls

The Income Tax Department has set up a 24×7 control room in Assam to monitor and curb the use of black money in the upcoming Legislative Assembly Elections 2026, according to a PIB press release.

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Health insurance priority for government, to cover all by 2033: Nirmala Sitharaman

India is prioritizing health insurance, aiming for universal coverage by 2033. The sector is growing, with 58 crore lives covered in 2024-25. Reforms are bridging the gap in insurance penetration. Schemes like PM Jeevan Jyoti Bima Yojana and Ayushman Bharat…

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Lights out, pressure up: Donald Trump, Marco Rubio demand new Cuba leadership

United States President Donald Trump has vowed swift action against Cuba’s socialist government. This comes as U.S. sanctions, including halting oil exports, have plunged the island into a severe crisis. Power outages are widespread, causing immense hardship for citizens. Experts…

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US military says hit Iran missile sites near strait with 'bunker buster' bombs

The US military said Tuesday it had hit Iranian missile sites near the strategic Strait of Hormuz with some of the most powerful bombs in the US arsenal. “US forces successfully employed multiple 5,000-pound deep penetrator munitions on hardened Iranian…

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Government likely to restart IDBI Bank privatisation process from scratch

The government, which has been seeking to divest IDBI Bank for about five years now, is likely to examine the process in detail, including the calculation of the reserve price mechanism used in the case of IDBI Bank

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Jio tells bankers it may file IPO prospectus as early as March

Reliance Industries Ltd. is preparing to file a draft red herring prospectus for its telecom unit, Jio Platforms Ltd., by the end of this month. The company has appointed 17 bankers to manage the potential IPO, which could be India’s…

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News

  • Senior Citizen Savings Scheme (SCSS): Here's a look at eligibility, interest rate, tax benefits, and investment limit

    The Senior Citizens Savings Scheme offers a retirement plan for individuals over 60, allowing investments from ₹1,000 to ₹30 lakh for five years at 8.2% interest. Here's all you need to know…

  • Don't let creditors claim your payout: What is MWP Act and why is it crucial while buying life insurance?

    Despite taking a term insurance policy, Pran Kumar's family did not receive the payout after his death due to his failure to register it under the MWP Act, which protects insurance benefits from creditors and ensures they go directly to beneficiaries.

  • Can non-resident heirs inherit agricultural land in India?

    Inheritance is permitted under Indian law, but state-level restrictions, transfer limits and repatriation rules can complicate how such land is held or sold.

  • How much EMI is too much? Experts say keep it within 30% of your income

    EMI burden can quietly strain finances, so keeping EMI within 25–30% of income ensures financial stability, better savings, and stress-free loan management aligned with long-term financial goals.

  • Who needs an income tax clearance certificate before leaving India? New rules explained

    Many were confused by claims that an income tax clearance certificate (ITCC) is mandatory for all travellers departing the country. The government clarified that ITCC is required only for specific individuals. Here's what the new rules say about NRIs.

  • I asked ChatGPT and Gemini if I should buy iPhone 17 Pro Max on ₹7–9 LPA yearly salary. It changed my plan

    I took help from ChatGPT and Gemini to decide if I should buy an iPhone on a yearly salary of around ₹7-9LPA. What the two AI's told me, changed my decision

  • Kerala loan app crisis: 15,000 complaints, 7 suicides — 5 crucial lessons every borrower must know

    Shocking revelations from the Kerala loan app crisis expose illegal lending scams, harassment and suicides, warning digital borrowers to stay cautious, verify lenders and protect personal data online.

  • Tax-exempt investment options in India — here are 5 EEE instruments for long-term savings

    Investors seeking post-tax returns can consider EEE instruments in India, which provide tax benefits throughout the investment cycle. While primarily found in government schemes, they offer a stable and safe option for traditional investors. 

  • US Social Security: April's last payment to be sent tomorrow, are you on the list?

    The final April Social Security payments will be distributed this week, specifically on April 22 for beneficiaries born between the 21st and the month's end. The May payment cycle will start after that, with SSI payments expected on May 1, 2026.

  • 8th Pay Commission: ₹69,000 minimum salary, 3.83 fitment factor; NC-JCM's 7 key demands explained

    8th Pay Commission NC-JCM demands explained: They cover key issues such as salary, fitment factor, and pension reforms. The proposal includes a minimum salary of ₹ 69,000. It also suggests a 3.833 fitment factor. The aim is to improve pensions and the overall pay structure.

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