As the 2026 tax season approaches, Korean employees are being encouraged to optimise their year-end tax settlements by timing expenses and contributions carefully, leveraging deductions for card spending, pension savings, and family benefits to secure maximum refunds or minimise payments.…
As India’s Unified Payments Interface grows into a vital component of the national economy, debates intensify over whether to keep the system free or introduce charges, balancing economic, strategic, and political considerations. The debate over whether India’s Unified Payments Interface…
A Nagpur bench of the Income Tax Appellate Tribunal has reaffirmed that interest earned on bank deposits by co-operative credit societies can qualify for tax relief under Section 80P, marking a significant shift in how these deductions are interpreted amidst…
The deadline for filing income tax audit reports for Assessment Year 2026-27 is set for 30 September 2026, with subsequent return filing due by 31 October 2026 for audited cases, though transfer pricing submissions extend to 30 November, highlighting the…
As the government considers introducing merchant fees for India’s dominant UPI payment system, experts warn of possible impacts on small transactions and the system’s widespread adoption, raising questions on funding and policy direction. Finance Minister Nirmala Sitharaman has tried to…
Changes introduced in the 2023 and 2024 budgets have hampered tax advantages for debt mutual fund investors in India, prompting industry calls for the reintroduction of indexation to boost competitiveness and attract conservative investors. Debt mutual funds in India once…
Recent changes to India’s tax rules for debt mutual funds and conservative hybrid funds, effective from April 2023, now emphasise fund classification over holding period, altering investor expectations on long-term benefits. India’s tax rules for debt mutual funds and conservative…
India’s Unified Payments Interface (UPI) is transitioning from a domestic triumph to an international platform, now enabling seamless QR-based payments in eight countries, poised to revolutionise cross-border transactions. India’s Unified Payments Interface, better known as UPI, is moving from a…
India’s Reserve Bank introduces stricter guidelines for payment aggregators, emphasising clear operational boundaries to improve loan repayment processes and mitigate risks in digital lending. Payment aggregators have become a standard part of India’s digital lending machinery, but their limits are…
Dozens of Indian companies are racing to complete share sales before September’s regulatory cutoff, risking a hectic rush amid market uncertainties and costly re-filings. India’s primary market is heading into a packed late-summer window, with dozens of companies racing to…
Personal accident insurance offers a straightforward safety net, providing lump sums in case of injury, disability, or death, with varying coverage options and important exclusions. As awareness grows, its role in financial planning is evolving, especially for high-risk individuals. Personal…
Financial advisers are increasingly emphasising the importance of transparently communicating their investment philosophy to help clients understand portfolio decisions, especially amid rising fee disclosures and market volatility. Advisers often devote far more energy to choosing investments than to explaining why…
