Filing income tax may soon become simpler. The Income Tax Department has proposed new draft rules that could remove an extra step many taxpayers currently face while choosing between the old and new tax regimes. If approved, this change will allow taxpayers to select their preferred tax system directly in the Income Tax Return (ITR) … Read more
IndiGo Airlines has launched a special sale for passengers, offering very low flight ticket prices. If you are planning to travel in the coming months, this sale can be very useful. The new sale, called “Splash into Savings,” includes discounted fares on both domestic and international routes. Booking Dates and Travel Period The booking window … Read more
Investing in mutual funds is not for the impatient. Markets rise and fall, and only those who stay invested for the long term usually see real wealth creation. One such example is the Nippon India Growth Mid Cap Fund – Direct Growth, which has completed 30 years. Over three decades, this fund has turned small, … Read more
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