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Government’s pension inheritance tax reform prompts early withdrawals and strategic gifting ahead of 2027 deadline

New rules set to incorporate unused pension funds into inheritance tax from April 2027 are already influencing pension strategies, with retirees drawing funds early and gifting assets to family members to optimise tax outcomes and aid younger relatives. The long-held…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Galaxy Health Insurance enters international travel market with new product for Indian travellers

Galaxy Health Insurance has launched Galaxy Fly Global Travel Insurance, targeting Indians travelling abroad for holidays, work, or study, as it diversifies beyond its core health business amid rising outbound travel and demand for comprehensive coverage. Galaxy Health Insurance has…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Super top-up health insurance gains popularity as hospital bills soar in urban centres

With rising hospital expenses in cities, households are increasingly turning to super top-up health covers to extend protection beyond basic mediclaim plans, offering a more affordable way to cover long hospital stays and major treatments. Private health cover is becoming…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

RBI draft lending rules could accelerate rate transmission but limit flexibility for some lenders

The Reserve Bank of India’s proposed draft lending regulations aim to speed up the pass-through of interest rate changes across financial institutions, though concerns remain over reduced pricing flexibility for non-banking finance companies and mortgage lenders. The Reserve Bank of…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Auto insurance renewal season prompts drivers to scrutinise premiums and coverage options

As autumn prompts motorists to review their auto policies, insurers are recalculating premiums based on claims history, vehicle changes, and market conditions, urging drivers to reassess coverage, deductibles, and discounts before winter arrives. Fall is a sensible time for motorists…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Retirement planning evolves beyond numbers with emphasis on cash flow, organisation and strategic housing decisions

A comprehensive approach to retirement readiness highlights the importance of cash flow forecasts, proper estate organisation, and thoughtful housing choices, signalling a shift from traditional saving milestones. Retirement readiness is less about reaching a magic number than about matching income,…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Bajaj General Insurance launches ProShield for defence personnel amid shift towards usage-based motor products

Bajaj General Insurance introduces ProShield, a specialised motor policy for defence personnel, as part of its expanding range of innovative, usage-linked insurance solutions in the evolving automotive market. Bajaj General Insurance has introduced ProShield, a packaged motor policy aimed at…

  • apxadmin
  • August 13, 2026
  • Tax, Laws & Money Explained

Government declines to raise minimum pension under EPS-95 despite pensioners' protests

The Indian government has reiterated its stance against increasing the minimum pension from ₹1,000 to ₹7,500 under EPS-95, prompting protests from retired workers demanding better support amid rising living costs. A renewed push to lift the minimum pension under the…

  • apxadmin
  • August 13, 2026
  • Tax, Laws & Money Explained

India’s revised accounting standards aim to align with OECD Pillar Two reforms and enhance financial transparency

The Indian Corporate Affairs Ministry has implemented major updates to Indian Accounting Standards, targeting improved tax reporting, transparency, and alignment with international tax reforms, with changes taking effect from April 2026. India’s Corporate Affairs Ministry has overhauled several Indian Accounting…

  • apxadmin
  • August 13, 2026
  • Fintech & Digital Money

Cashfree Payments offers free gateway fees to help small firms capitalise on festive surge

Cashfree Payments launches a zero-fee promotion for new merchants on domestic transactions, aiming to attract small businesses during India’s busiest retail period and boost its SMB client base by the end of 2027. Cashfree Payments is trying to turn the…

  • apxadmin
  • August 13, 2026
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