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8th Pay Commission pension rules: Why employee and pensioner bodies want faster restoration of commuted pension

New Delhi, Aug. 27 -- Central government pensioners and employee organisations are seeking a reduction in the 15-year period for restoration of commuted pension. Several associations have urged the 8t... Read More


Have EPF through your job? Here's why investing in NPS too could help young investors build retirement wealth

New Delhi, Aug. 27 -- For young salaried employees, the Employees' Provident Fund (EPF) is often the first step towards building a retirement corpus. But should investors who already contribute to EPF... Read More


Used LIC policy as collateral for a loan? Know what the lender can do if you fail to repay the outstanding dues

New Delhi, Aug. 27 -- If you have taken a loan against a life insurance policy, you may assume that the insurer cannot surrender the policy without your consent. A recent ruling of the National Consum... Read More


Home Loan Insurance Claim Rejected After Borrower's Death: NCDRC Explains Why Medical History Disclosure Matters

New Delhi, Aug. 26 -- A home loan insurance policy does not necessarily protect a borrower's family from the outstanding loan if the policyholder is found to have withheld material information about a... Read More


Delhi Lakshmi Yojana: 4,000 women to get sanction letters on August 26, Rs.2,500 aid from September 1

New Delhi, Aug. 26 -- The Delhi government is set to formally launch the Delhi Lakshmi Yojana on Wednesday, August 26, with Chief Minister Rekha Gupta scheduled to hand over sanction letters to around... Read More


Section 87A rebate denied by CPC on STCG? ITAT Jaipur ruling offers relief to taxpayer for AY 2024-25

New Delhi, Aug. 26 -- The Income Tax Appellate Tribunal (ITAT), Jaipur Bench, has ruled in favour of a taxpayer who was denied a Section 87A rebate on tax payable on short-term capital gains (STCG) un... Read More


Named a nominee for your investments? Know when legal heirs can still claim a share in your mutual funds, shares

New Delhi, Aug. 26 -- Naming a nominee for your investments does not necessarily mean that the nominee becomes the final owner after your death. For investments such as shares, demat securities and mu... Read More


August 31 ITR deadline 2026: 7 mistakes freelancers and professionals should avoid while filing income tax return

New Delhi, Aug. 26 -- Freelancers and professionals filing income-tax returns for FY 2025-26 need to be careful about choosing the correct ITR form, opting for presumptive taxation and reconciling the... Read More


Delhi couple gets relief in Rs.2.25 crore Black Money Act case after ITAT examines Singapore, BVI bank credits

New Delhi, Aug. 26 -- The Income Tax Appellate Tribunal (ITAT), Delhi, has deleted Rs.2.25 crore in additions made under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax A... Read More


8th Pay Commission salary hike: Why 2.1 fitment factor, lower than 7th CPC's 2.57, could still deliver a bigger hike

New Delhi, Aug. 25 -- The 7th Pay Commission used a 2.57 fitment factor, but an employee body representative says a 2.1 factor under the 8th CPC could still deliver a larger effective increase once ex... Read More