Getting a passport in India is set to become more expensive. The government has revised passport fees, and the new charges will come into effect from July 1, 2026. The Ministry of External Affairs (MEA) has notified the new rates under the Passport (Amendment) Rules, 2026, replacing the existing fee structure under the Passport Rules, … Read more
Millions of people in India work in the unorganized sector, including street vendors, drivers, laborers, domestic workers, and agricultural workers. Most of these workers do not receive benefits such as Provident Fund (PF), gratuity, or pension. As a result, many face financial difficulties after retirement. To provide financial security to such workers, the Central Government … Read more
Indian stock markets remained closed on Friday due to the Muharram holiday. Both major exchanges, the National Stock Exchange (NSE) and the BSE, suspended trading across all segments, including equity, derivatives, currency derivatives, and securities lending and borrowing (SLB). The closure also affected commodity trading platforms, with partial and full shutdowns depending on the exchange. … Read more
Filing an Income Tax Return (ITR) is not just a yearly formality. It also helps in many financial activities like getting home loans, credit cards, and even visas, because it serves as proof of income. For FY26, the ITR filing deadline is July 31, 2026. Taxpayers in India can choose between two systems: the old … Read more
If you are an Indian living in the United States and planning to become a US citizen, the process could soon become much more expensive. The US Department of Homeland Security (DHS) has proposed a major increase in citizenship application fees. If the proposal is approved, many applicants may have to pay hundreds of dollars … Read more
Starting July 1, major changes are coming to credit card rules in India. Two big banks—State Bank of India (SBI) and HDFC Bank—are updating how their credit cards work. These updates will affect reward points, airport lounge access, and several spending benefits. If you use a credit card regularly, these changes are important because some … Read more
Air travel could become more expensive in the coming months. According to a recent McKinsey report, flight ticket prices may rise by up to 25% as airlines face higher fuel costs. The report says growing geopolitical tensions and refinery-related supply issues are putting pressure on the global jet fuel market. Since fuel is one of … Read more
SEBI is planning to introduce new advertising guidelines aimed at making investment-related advertisements more transparent and investor-friendly. The proposal is part of the Common Advertisement Code (CAC), which seeks to bring different advertising rules under one framework, reduce compliance burdens for companies, and better protect investors. Celebrities May Face New Restrictions One of the biggest … Read more
When it comes to safe investments, Fixed Deposits (FDs) continue to be one of the most trusted options, especially for senior citizens. Unlike market-linked investments, FDs offer guaranteed returns and protect investors from market fluctuations. For retirees and those looking for a steady source of income, FDs remain a popular choice because they provide predictable … Read more
Pension-related complaints may soon become much easier to resolve. The Pension Fund Regulatory and Development Authority (PFRDA) has launched a new AI-powered grievance redressal platform called Pension Sahayak. The new system replaces the earlier Central Grievance Management System (CGMS) and is designed to make the complaint process faster, simpler, and more user-friendly. With support for … Read more
The National Pension System (NPS) remains one of the most tax-efficient retirement savings options for Indian taxpayers. However, the tax benefits depend heavily on whether you choose the old tax regime or the new tax regime. For FY 2026-27 (AY 2027-28), taxpayers can still claim deductions under Section 80CCD, but the rules and limits differ … Read more