Parents are advised to verify if a Child Trust Fund exists for their child before opening a Junior ISA, to avoid losing valuable tax benefits and unintended account closures, as many accounts remain forgotten from the early 2000s scheme. Parents…
The Life Code Compliance Committee outlines a strategic plan for 2026-27 focused on improving claims accuracy, transparency, and enforcement amid ongoing industry scrutiny and rising breaches in claims payments and communication. The Life Code Compliance Committee has set out an…
Pensioners could forfeit their entire Winter Fuel Payment if their income exceeds £35,000 by just 1p, highlighting concerns over the ‘cliff edge’ rule introduced alongside the benefit’s reintroduction. State pensioners could lose the full value of their Winter Fuel Payment…
The Public Provident Fund continues to attract Indian savers with its government-backed stability, attractive interest rate, and tax benefits, proving its resilience in a fluctuating financial environment. The Public Provident Fund has long occupied a distinctive place in Indian household…
India’s National Pension System (NPS) has expanded its flexibility and investment options following recent regulatory amendments, reinforcing its role as a key retirement savings vehicle amid evolving market and tax advantages. India’s National Pension System, better known as NPS, has…
A recent comparison reveals that ICICI Bank’s higher 10-year fixed deposit rates outperform SBI’s offerings, providing potentially better maturity values for savers investing Rs 7 lakh to Rs 21 lakh, depending on tenure and customer category. For savers looking for…
India’s latest reforms to expand receivables-based funding aim to unlock ₹8.1 trillion in unpaid invoices, positioning invoice financing as a mainstream credit tool for small and medium enterprises. India’s latest push to ease credit for micro, small and medium enterprises…
Despite increased penalties, critics argue that India’s central bank needs a more effective deterrence framework as fines remain modest compared to global standards and enforcement gaps persist amid calls for greater accountability and coordination. India’s central bank has been levying…
India’s Supreme Court has called for an examination of extending mandatory motor third-party insurance periods and proposed fuel restrictions for uninsured vehicles, aiming to increase coverage and support premium growth, while industry experts warn of potential cost impacts for consumers.…
Taxpayers awaiting their income tax refunds need to understand that delays often stem from verification and mismatched details, with actionable steps available to speed up the process. If your income tax return shows as processed but the refund has not…
The Indian government is increasingly relying on smaller, market-driven stake sales in state-run companies to accelerate its disinvestment goals, with over ₹52,000 crore raised in the first four months of FY27 through minority offerings, signalling a strategic shift from large…
Tens of thousands of retired workers will have to wait until 2028 for their pension increases to be implemented, as the Pension Protection Fund adopts a phased approach to adjustments for guaranteed minimum pension rights, angering campaigners and affected retirees.…
