Advisors India

Will DA be added to basic pay under 8th Pay Commission? Here's what Finance Ministry said
8th Pay Commission: The Finance Ministry confirmed that the 8th Pay Commission will not merge dearness allowance or relief with basic pay.
New Income Tax Act: ITR forms to be issued prior to FY28, says govt
The new income tax returns form under the Income Tax Act, 2025, will be issued before the 2027-28 financial year, according to Minister of State for Finance Pankaj Chaudhary.
How to obtain tax residency proof in India?
A UK company requires an Indian Tax Residency Certificate for reduced withholding tax on interest payments. To obtain this, an online Form 10FA must be submitted, confirming tax residency in India for the relevant financial year.
4 common credit report errors that drop your score and trigger loan rejection
Credit report errors such as incorrect details, misreported repayments, active closed loans and duplicate accounts can reduce your credit score and hinder loan approval, making regular credit report checks essential.
Markets will move in 2026, but investor behaviour will decide outcomes
Markets in 2026 may test investors, and when instincts push for quick moves, discipline and clarity will matter more than reaction.
Don’t pay tax on gifts if they are from family. Here’s the rule
Gifts from relatives are exempt from tax, while gifts over ₹50000 from non-relatives are taxable. Gifts received during marriage are fully tax-exempt. 
AIFs in India: How to navigate risk, returns and long lock-in periods
Each AIF is different and an investor needs to understand if and where it fits into their asset allocation mix, based on their portfolio size, risk-taking ability, return expectations and liquidity considerations
Oman on a budget: The New Year trip that cost this couple just ₹2 lakh
As part of Mint’s travel series, the couple outlines their nine-day Oman trip, showing how to pull off a full, hassle-free holiday without straining the wallet.
Still believing these credit myths? They’re quietly ruining your financial health
As 2025 ends, it's vital to debunk personal finance myths, especially regarding credit. Misconceptions include beliefs that BNPL doesn't affect credit scores, high income ensures good scores, and closing old cards is beneficial. 
Axis Bank credit card travel redemption options: Transfer ratios, limits, and tips
Axis Bank credit cardholders can transfer their reward points to 20 partners (6 hotels and 14 airlines) categorised into Group A and B. There are groupwise calendar year limits on points transfers.