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End of the road for old tax regime? What Budget 2026 may decide

Budget 2026 could signal the end of the old tax regime. Experts suggest a gradual phasing out rather than an abrupt closure. The new tax regime, with its lower rates and higher rebate, is becoming the default choice. Taxpayers with…

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Budget 2026: FICCI seeks tax dispute relief, TDS simplification and customs facilitation to boost ease of doing business

Ahead of the Union Budget 2026, FICCI urges the government to address tax and trade bottlenecks, emphasizing faster dispute resolution and improved customs facilitation. The industry body seeks to reduce tax litigation and working capital blockage by streamlining appeals, rationalizing…

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TCS headcount drops by 11,000 in Q3 after 19,000 in last quarter

At the end of the December quarter, TCS had 582,163 employees, lower than the September quarter’s count of 593,314, the Mumbai-headquartered firm reported. ​In the previous quarter, the company had reported a net reduction of 19,755 employees, taking its total…

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Blinkit removes '10-minute delivery' claim on govt's orders; Swiggy, Zepto may follow suit

Blinkit has removed its ’10-minute’ delivery promise across all platforms following intervention by the Union Ministry of Labour. This move comes after a nationwide gig worker strike on New Year’s Eve 2025, which highlighted concerns over delivery personnel’s health, safety,…

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Rs 3 lakh crore wipeout! Sensex sheds over 900 pts from day’s peak, Nifty sinks 1%. 5 factors behind market decline

Indian equities saw a sharp intraday reversal on Tuesday as early gains evaporated, dragging the Sensex down 933 points from its peak and pushing the Nifty over 1% lower. Nearly Rs 3 lakh crore in market value was erased as…

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India can’t shake Iran’s ghosts as Trump opens new box of worries

US President Donald Trump announced a 25% tariff on goods from countries “doing business” with Iran, effective immediately, escalating pressure on Tehran amid widespread protests. The move could impact India, historically among Iran’s top five trade partners.

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  • Tax refunds jump 22% so far, claims Scott Bessent – what should filers look for this season?

    The average tax refund has increased by 22% this season, according to Treasury Secretary Scott Bessent. The IRS has not released official data yet, and early figures can be misleading, says expert.

  • How to earn ₹20,000 per month using SCSS while getting tax benefits? Explained

    SCSS is a government-backed small savings scheme designed for senior citizens to keep their finances steady after retirement. SCSS gives Indians over the age of 60 to have a secure and safe investment avenue.

  • Explained: Can you open more than one PPF account? Here's what government rules say

    Individuals can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year for 15 years in their PPF accounts. This amount is locked in for 15 years, after which you can get your investment back with interests without having to pay any tax.

  • UPI to withdraw PF? EPFO working on new app to make money transfer easy for you, reports claim — How it will work

    The labour ministry is working on a project under which a certain amount of PF money will be frozen, and members will be able to see a large chunk of their provident fund available for withdrawal through their bank using UPI.

  • ₹5 lakh DICGC bank deposit insurance: Is it enough or should the govt increase it?

    DICGC insurance covers 97.6% of the total bank accounts, but only 41.5% of the value (amount) of deposits. The cover was last increased from ₹1 lakh to ₹5 lakh in 2020. In 2025, a proposal to increase it was considered.

  • New income-tax rules may revive interest in old regime for high-income salaried taxpayers

    The recent proposals in the Income Tax Rules enhance education and college hostel allowances and reclassify cities for HRA purposes. These changes may entice salaried individuals to reconsider the old tax regime, especially in high-rent urban areas. 

  • Indian market is 18 months ahead of its fair value: DSP Mutual Fund's Kalpen Parekh

    Despite consolidating over the past year, the market remains expensive and investors should therefore moderate their return expectations, Parekh told Mint in an interview.

  • Beyond the comfort of groups: Why individual health insurance still matters

    Group and affinity health insurance expand coverage, but their short-term nature, hidden risks and lack of continuity make them an unreliable substitute for individual health policies.

  • US 2025 tax returns: What is the deadline to file taxes? What happens if you miss it during the 2026 tax filing season?

    As the 2026 tax filing season comes, it is important to know the deadline for filing 2025 tax returns. Taxpayers who delay filing their taxes often have to face penalties, late fees and other issues.

  • Bond yields are rising. How should you reposition your debt fund portfolio?

    With bond yields firming up, fund managers say debt fund investors need to strike a careful balance in their portfolios to guard against further upside risks. Here’s how they are positioning debt strategies in the current environment.

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