India’s Unified Payments Interface (UPI) marks a decade of operations, during which it has expanded from a digital payments system into a core layer supporting transactions, financial access, and product innovation. Scale and adoption milestones UPI’s growth over the past decade is reflected in both transaction volumes and user adoption. Akash Sinha, Co-founder and CEO…
As India prepares to step into the new financial year, a series of reforms across taxation, banking, loans, digital payments, and labour laws will take effect from April 1. These changes are designed to modernise the tax framework, improve transparency, simplify compliance, and enhance convenience for borrowers, investors, and employees. Here’s a detailed look at…
The Securities and Exchange Board of India (SEBI) has partnered with Google to introduce verified badges for stock trading apps, aiming to help investors identify legitimate platforms and avoid fake or misleading applications. Under the initiative, apps operated by entities registered with SEBI will receive a “verified” badge on the Google Play Store. The program…
Gold and silver prices in India declined in early trade on March 30, tracking weakness in global markets, even as the rupee showed marginal strength against the US dollar following steps by the Reserve Bank of India (RBI) to curb speculative positions. On the Multi Commodity Exchange (MCX), gold futures fell 1.07% to ₹1.45 lakh…
Retirement planning in India has long been centred on one question: how big is the corpus? But financial planners say the more important question often gets overlooked—how that corpus will translate into a steady, inflation-resilient income over decades. According to Charu Pahuja, CFP CM and Group Director & COO at Wise Finserv, retirement planning does…
Gold’s sharp swing from record highs to a steep correction in early 2026 marks a break from the recent playbook that had steadily favoured the precious metal, according to a note by Axis Mutual Fund. After a powerful rally through 2025, the sudden reversal highlights how quickly macro drivers can shift—and how sensitive gold remains…
Income Tax offices across India will stay operational on March 31, despite the day being a public holiday, as authorities aim to ensure smooth completion of crucial year-end procedures. As the financial year 2025–26 comes to a close, the Central Board of Direct Taxes (CBDT) has directed all Income-Tax offices across India to remain operational…
With the financial year coming to a close, non-resident Indians (NRIs) can claim the Foreign Tax Credit (FTC) by submitting Form 67 to the Income Tax Department. This credit allows NRIs to offset taxes paid abroad against their Indian tax liability. The last date to claim the FTC is March 31. When an Indian resident…
American Express has opened a Centurion Lounge at Terminal 1 of Indira Gandhi International Airport, as part of a broader trend of credit card issuers expanding airport lounge access and other travel-linked benefits. The lounge is part of the company’s Global Centurion Lounge Collection and will be accessible to eligible cardholders, subject to access policies…
The Income Tax Department has issued a clarification on how tax deducted at source (TDS) will apply to interest earned from banks under the new Income-tax Act, 2025, addressing concerns over whether certain banking institutions would continue to enjoy threshold-based exemptions. What the rule says Under the current framework of the Income-tax Act, 1961, TDS…
