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Market regulator Securities and Exchange Board of India (SEBI) has issued a fresh circular revising certain mutual fund rules, mainly to bring greater clarity and uniformity in product categorisation. The changes are aimed at removing overlaps between schemes, refining definitions and introducing a few new categories. In an interaction with Zee Business, A Balasubramanian, MD…
The Union Budget 2026 has introduced a significant change in the taxation of Sovereign Gold Bonds (SGBs). The capital gains tax exemption at maturity has now been restricted. Only original subscribers who purchase SGBs at the time of issuance and hold them till maturity will be eligible for tax-free capital gains. Investors who buy SGBs…
Finance Minister Nirmala Sitharaman presented the Union Budget 2026 on Sunday, February 1. She announced that the income tax slabs for individuals will remain unchanged. This means people will pay taxes at the same rates as last year. There is no new relief for taxpayers, but the tax system remains stable. Here’s how much tax…
More than 1.1 crore central government employees and pensioners have their eyes on the Union Budget on February 1, hoping for clarity on issues that directly affect their pay and pensions. The immediate expectations are around confirmation of the next dearness allowance hike and any hint on whether the 8th Pay Commission could be rolled…
In everyday life, Aadhaar has become India’s default identity document—asked for while opening a bank account, accessing welfare schemes or completing a digital transaction. Its sheer reach has led many to assume that Aadhaar carries the same legal weight as a passport. Indian law, however, places the two documents in entirely different categories. While Aadhaar…
As the Union government readies Union Budget 2026, the big question on everyone’s mind is a familiar one: will the middle class finally get some breathing room on taxes, or will the government stick to its longer-term game plan? Early signals suggest expectations of sweeping tax relief may once again run into the reality of…
Gold and silver are on a powerful upswing, with prices climbing at a pace rarely seen in recent years, as investors across the world rush for safety amid mounting uncertainty. On Wednesday, gold on MCX was trading at Rs 1,78,986 per 10 grams at 10:45 pm, January 29, while silver surged to Rs 4,06,222 per…
As the financial year-end approaches, many investors are looking for legal ways to lower their tax burden while staying invested for the long term. One effective strategy that often goes unnoticed by retail investors is tax harvesting — a method of booking profits or losses in investments and reinvesting them to reduce capital gains tax….
Ahead of the Union Budget 2026, tax experts have indicated that while major structural changes in capital gains taxation may be limited, investors can expect simplification, procedural relief and correction of anomalies in the existing framework, particularly for mutual fund and asset investors. Capital gains taxation has undergone several changes over the past two years….
The Institute of Chartered Accountants of India (ICAI) has proposed allowing married couples to file a joint income tax return in India, a move that could significantly reduce the tax burden for single-earner households and simplify compliance, while remaining optional for others. At present, husband and wife are treated as separate tax units and are…