Taxpayers get big Relief as Refunds speed up

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After weeks of delays and rising complaints on social media, taxpayers are finally seeing a sharp rise in income tax refund payouts. Over the past 24 hours, many high-value refunds have been credited, bringing relief to individuals and companies alike. Himank Singla, Founding Partner at SBHS & Co, told “Several clients have received substantial refunds, … Read more

PFRDA working on Higher Return plans for NPS Retirees

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India’s pension regulator is planning big changes that could reshape retirement income. The Pension Fund Regulatory and Development Authority (PFRDA) is exploring new post-retirement income products that may deliver better returns than traditional annuities. Chairman Sivasubramanian Ramann said the goal is clear: make pension products stronger, more flexible and accessible to every Indian. Moving Beyond … Read more

NPS Account opening made easy with UPI QR Code

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Big changes are coming to the National Pension System, and they could make retirement planning much easier — and more rewarding. The Chairman of the Pension Fund Regulatory and Development Authority (PFRDA), Sivasubramanian Raman, has announced several new features. These updates aim to combine pension benefits with health support and make account opening faster than … Read more

PhonePe Gets SEBI approval to launch IPO

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Digital payments company PhonePe has received approval from market regulator Securities and Exchange Board of India (SEBI) to launch its Initial Public Offering (IPO), according to a Reuters report that cited sources. The company had earlier filed its draft IPO papers through the confidential route in September last year. Reports suggest that some existing investors … Read more

2026 IRS Tax Filing deadline announced

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The 2026 tax filing season has officially begun, and millions of Americans are preparing to submit their 2025 federal income tax returns. But here’s the problem: many people still delay filing. In fact, a recent survey found that nearly one in three taxpayers admit they wait until the last minute. If you don’t want penalties, … Read more

NPS allows 100% Withdrawal for Corpus up to ₹8 lakh

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National Pension System (NPS) subscribers can now withdraw their full retirement savings — but only under certain conditions. The rules mainly depend on two things: How much money you have accumulated and when you choose to exit. The Pension Fund Regulatory and Development Authority (PFRDA) has updated the withdrawal norms to give more flexibility, especially … Read more

Government plans to Expand HRA Tax benefits

In a significant move for salaried employees, the Indian government is planning to expand House Rent Allowance (HRA) exemptions. The proposal would extend the 50% exemption benefit to more metro cities and newly categorized urban areas. If implemented, this could provide substantial tax savings for millions of workers living in high-rent urban centres, especially in … Read more

ITR forms to remain same for AY 2026–27

Taxpayers filing income tax returns for Assessment Year 2026–27 will continue to use the existing ITR forms under the Income Tax Act, 1961. This is despite the fact that a new Income Tax law is scheduled to come into force from April 1, 2026. According to sources quoted in reports, there will be no immediate … Read more