Raksha Bandhan 2026: Income Tax Rules You Should Know Before Gifting Money
Gifts between siblings are generally tax-free, but the rules differ for non-relatives, while any income earned after investing the gifted money can still be taxed
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Tempsens Instruments Shares Make Bumper Debut, Stock Lists With 111% Premium
Tempsens Instruments’ shares made their debut on August 28 with gains of 111 per cent over the upper end of the price band.
Defunct Calcutta Stock Exchange Plans Revival After 13 Years, Seeks Sebi Nod
According to a report by the Economic Times, the Calcutta Stock Exchange is seeking Securities and Exchange Board of India's (Sebi) guidance on a revival
Rising incomes, better connectivity, infrastructure-led development and evolving buyer preferences are reshaping the real estate potential of India’s Tier II cities.
Ayushman Yojana: Haryana Private Hospitals To Halt Services For One Day Over Pending Payments
Private hospitals in Haryana will suspend Ayushman Bharat Yojana-related services for one day on September 1, 2026, to protest the delayed clearance of their payments, which has pushed them into a critical financial situation
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The proceedings dropped by Sebi in its latest order originated from a show cause notice (SCN) issued in October 2024. The notice was issued following a probe into share transactions between Max Financial, Max Life, and Axis Bank between the financial year 2009 to 2022
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Calculate & Plan your future with ICICI Prudential Life's retirement calculator
A DA hike can mean more money each month, but the amount added to your salary may not be what you expect
A child insurance plan can combine protection and savings, but parents should first assess their life insurance needs, financial goals and whether buying insurance and investing separately offers greater flexibility.
Gifts between siblings are generally tax-free, but the rules differ for non-relatives, while any income earned after investing the gifted money can still be taxed
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Crises In The Making
India is in the midst of a major flux, and faces challenges at two opposite ends of the generation spectrum. The first is shrinking job opportunities for the youth and the second is the estimated boom in senior citizen population
The Best Health Insurance Strategy For Seniors
Health insurance is the first defence against medical expenses in old age. Though high premiums and exclusions are a challenge for seniors, opting for certain combinations and making small adjustments can sweeten the deal. But never trade off comprehensive coverage for lower premiums
The Financial Burden Of Health Issues
In India, most senior citizens are dependent on their family or other for maintenance as the large part of the population does not access any form of pension (see High Dependency Among Seniors). At the same time, many of them suffer from chronic diseases, whose treatment can be costly and unaffordable for the dependent segment (see Threat Of Chronic Diseases). Lack of health insurance and non-hospitalisation expenses (which are, typically not covered by standard health policies) are resulting in high out-of-pocket expenditure and contributing to high indebtedness (see Lack Of Cover Leads To Indebtedness).
Is Ayushman Bharat Yojana A Complete Solution In Itself?
The Ayushman Bharat Yojana provides a cover of Rs 5 lakh to those above 70 years, irrespective of their health condition and socio-economic background, but that solves only part of the affordability problem
We Need To Move From Products To Solutions For Seniors, Says Vibha Padalkar
Vibha Padalkar, MD and CEO of HDFC Life Insurance, talks about why insurance penetration is still low in India, why seniors end up buying the wrong insurance product, the innovations we can expect in the future and how frequent regulatory changes can deter the flow of foreign money in the industry. Edited excerpts from an interview with Nidhi Sinha, Editor, Outlook Money
EPFO members can now handle several provident fund tasks online, but outdated KYC, employment, or nomination details can still hold up withdrawals and transfers
