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…
Indian residents with offshore credit cards are facing renewed restrictions as the Reserve Bank of India’s 180-day remittance rule complicates maintaining overseas banking relationships, impacting high-net-worth individuals and families alike. Offshore banks in financial centres including Zurich, Singapore and London…
Market specialists emphasise the importance of XIRR over CAGR in understanding real returns for National Pension System investors, reflecting the impact of irregular contributions and withdrawals. For National Pension System subscribers, the return figure that matters most is not always…
The Indian government is deliberating a significant increase in the wage cap for mandatory provident fund coverage, potentially extending social security to more salaried workers and impacting employer contributions, marking the first revision since 2014. India is weighing a substantial…
Duvvuri Subbarao cautions that India’s short-term measures to stabilise the rupee overlook underlying structural weaknesses, risking long-term economic stability amid significant foreign investor exodus. Duvvuri Subbarao has warned that India’s effort to steady the rupee with short-term capital measures is…
Implementing a straightforward system of allocating funds into separate accounts can offer small businesses clarity, reduce stress, and prevent cash-flow shocks by ensuring taxes and GST are set aside promptly and accurately. When business revenue lands in the bank, it…
The income tax calendar for non-salaried and professional income taxpayers has been extended with new filing deadlines for assessment year 2026-27, impacting freelancers, small business owners, and traders, with crucial dates and penalties highlighted. For taxpayers whose income comes from…
