The IPO of PNGS Reva Diamond Jewellery opened in the Indian primary market on February 24. The subscription for anchor investors took place one day earlier, on February 23. Through this anchor round, the company raised ₹170.58 crore. A total of 44,19,200 shares were allotted to anchor investors at a price of ₹386 per share. … Read more
The Reserve Bank of India (RBI) released the premature redemption calendar for Sovereign Gold Bonds (SGBs) on February 23. This schedule applies to bonds whose early redemption dates fall between April 1 and September 30, 2026. As per the guidelines issued on October 22, 2021, investors are allowed to redeem SGBs early after completing five … Read more
The Mobilise App Lab IPO opened on Monday, February 23, and will remain open for investment until February 25. The company has fixed the price band at ₹75 to ₹80 per share. The face value of each share is ₹10. Investors must apply for a minimum lot of 1,600 shares. Any additional bids must also … Read more
LIC Mutual Fund, one of India’s leading financial institutions, has launched a new technology-themed New Fund Offer (NFO) called the LIC MF Technology Fund. The NFO will remain open from February 20 to March 6, 2026. After that, the scheme will reopen for regular purchase and redemption from March 19, 2026. This is an open-ended … Read more
A taxpayer recently lost Rs 1.5 lakh after responding to a fake “refund delay” message. The Income Tax Department has now issued a fresh warning as fraudsters take advantage of refund-related anxiety. Over the past year, many taxpayers have worried about delays in receiving refunds. Social media is full of complaints from individuals who filed … Read more
Cash gifts from relatives are usually exempt from tax under the Income Tax Act. But a recent case shared by tax advisory platform TaxBuddy shows that this exemption can fail if you don’t keep proper records. In this instance, a taxpayer received Rs 10.43 lakh in cash gifts on his 10th marriage anniversary. The gifts … Read more
Big changes could be coming for salaried employees who claim Leave Travel Concession (LTC). The Income Tax Department has proposed easing current LTC rules under the Draft Income Tax Rules, 2026. If approved, employees may be able to claim higher tax-exempt travel benefits — especially those eligible for higher travel classes. Here’s what that means … Read more
In today’s digital age, the government is tightening rules to reduce cybercrime. However, scammers are also creating new tricks to target people. Recently, many people have received fake messages pretending to be from the post office. These messages try to trap users by asking them to update their address details. Fake Parcel Delivery Messages Scammers … Read more
Buying and selling land in Bihar will soon become much easier. Many people currently face court cases because of incomplete information or fake land documents. To solve this problem, the Nitish Kumar government is introducing a major reform from April 1, 2026. Under the new rule, land registration will require 13 important details instead of … Read more
If you are a central government employee or pensioner, getting your medical bills reimbursed is now going to be much easier. The Ministry of Health issued an Office Memorandum (OM) on February 16, 2026, increasing the approval limit for medical claims. Earlier, Heads of Departments (HODs) could approve medical claims only up to ₹5 lakh. … Read more
The Income Tax Department is planning a big relief for people who deal in cash. Under the proposed rules, you may soon be able to deposit or withdraw up to Rs 10 lakh in a financial year without giving your Permanent Account Number (PAN). The change is part of the upcoming Income Tax Act, 2025, … Read more