Rohit Jain calls for clearer policies and streamlined processes in retail foreign exchange services amid increasing market activity and RBI’s broader financial market development efforts. Rohit Jain has urged Indian banks to tighten the way they handle retail foreign exchange,…
State Bank of India will begin levying a fee of ₹15 plus GST on cash withdrawals exceeding four free transactions per month in its basic savings bank deposit accounts from October 2026, aligning charges across channels and encouraging digital transactions.…
The Supreme Court has clarified that failure to serve statutory notice does not automatically void an auction sale, provided the affected party had actual knowledge and suffered no substantial injury, setting a new precedent for debt recovery proceedings. The Supreme…
The Income Tax Appellate Tribunal in Delhi has provided fresh clarity on claiming capital gains relief under Section 54, ruling that construction can commence before the sale of the old property if within legal time limits, easing confusion for taxpayers.…
Despite improved investor awareness, unclaimed mutual fund dividends and redemption proceeds in India continue to rise, highlighting ongoing record-keeping challenges and the importance of proactive record management. Unclaimed money in mutual funds in India has continued to rise, even as…
The Jammu and Kashmir and Ladakh High Court’s recent ruling clarifies that tax authorities must follow due process when suspending input tax credits under Rule 86A, reinforcing procedural safeguards without undermining enforcement powers. The Jammu and Kashmir and Ladakh High…
The South Korean Investor Education Council has introduced ‘Pension Roadmap 360’, a digital guide transforming pension management by encouraging savers to view their retirement funds as active capital, with updates scheduled every Tuesday and Thursday. South Korea’s Investor Education Council…
Taxpayers in India can recover missed tax collected at source (TCS) credits by filing a revised return within the deadline, ensuring proper reporting in Form 26AS and AIS, with step-by-step guidance provided to maximise refunds. If taxpayers forget to claim…
India’s markets regulator SEBI has taken enforcement action against two trading firms accused of orchestrating price swings to profit from derivatives, highlighting challenges in the phased rollout of the new closing auction mechanism. India’s markets regulator has moved against two…
India is set to implement comprehensive health insurance reforms by 2026, focusing on standardising prices, increasing transparency in claims, and promoting digital billing platforms to reduce healthcare costs and protect consumers amidst rising medical inflation. India is preparing a sweeping…
India’s income-tax filing schedule introduces staggered deadlines for different taxpayer categories in 2026-27, highlighting a shift towards a more differentiated and streamlined tax compliance process for self-employed and salaried individuals. India’s income-tax filing calendar has been split into staggered deadlines…
India’s IPO market experienced a record-breaking October 2025, but experts warn investors to critically assess valuations, company fundamentals, and funding purposes amidst soaring offerings from Tata Capital, LG Electronics India, and WeWork India. India’s IPO market moved into overdrive in…
