Introduction Salaried employees often assume that TDS deductions and Form 16 make them immune to income tax scrutiny, but the Income Tax Department frequently sends notices even to regular taxpayers. With increased use of data analytics, AIS (Annual Information Statement), and cross-verification of third-party data, many employed individuals are receiving income tax notices for minor … Read more
Introduction As India grapples with rising life expectancy, evolving workforce needs, and pension sustainability, discussions around a potential age retirement hike in 2026 have gained momentum. While the standard retirement age remains 60 for most central government employees and varies in the private sector, proposals to raise it to 62 years could reshape career planning … Read more
Introduction Senior citizens looking for a safe, government-backed investment with attractive returns often turn to post office schemes designed specifically for them. The Post Office Senior Citizen Savings Scheme (SCSS), commonly referred to as a special FD for seniors, stands out as one of the most reliable options in 2025-2026. With a high interest rate … Read more
Introduction As 2026 begins, millions of Aadhaar card holders face important updates from UIDAI and RBI that could directly affect everyday banking, KYC verification, and financial access. With the final deadline for PAN-Aadhaar linking just passed and stricter rules kicking in, failing to comply might freeze accounts, block transactions, or delay services like loans and … Read more
Introduction With the banking sector constantly evolving to meet regulatory demands and enhance customer security, recent updates have brought significant changes for account holders at major public sector banks like State Bank of India (SBI), Punjab National Bank (PNB), and Bank of Baroda (BoB). These bank account rule changes focus on greater compliance, fraud prevention, … Read more
Introduction As we step into 2026, many bank customers are curious about the latest RBI guidelines on ATM usage. While major hikes in ATM charges occurred in May 2025, the focus now shifts to greater transparency, clearer disclosures, and enhanced customer awareness under ongoing RBI directives. These rules aim to make ATM withdrawal limits, fees … Read more
Introduction Bank customers and employees are closely watching the latest bank merger news as reports suggest the government plans to merge government banks in 2026 for a major restructuring. Finance Minister Nirmala Sitharaman’s recent statements about needing more “big, world-class banks” have fueled speculation, with discussions reportedly underway between the government, RBI, and public sector … Read more
Introduction Two-wheeler riders across India are taking notice of stricter enforcement around helmet compliance in 2025, with warnings that riding a bike without a helmet could lead to vehicle impoundment—forcing you to walk home. Under the Motor Vehicles Act 2019, traffic police in several states have the authority to seize bikes for non-compliance, alongside a … Read more
Introduction Retirees searching for secure growth options often appreciate updates on SBI FD schemes for senior citizens, especially when viral claims highlight impressive returns like earning ₹83,652 fixed interest on a ₹200,000 investment. This calculation typically points to a 5-year term under the ongoing SBI WeCare FD scheme, which provides an additional premium for longer … Read more
Introduction Investors seeking safe, medium-term options with attractive yields are excited about the Indian Bank 555 days FD scheme, known as IND GREEN. This special fixed deposit, designed to promote sustainable development, offers bumper interest rates and strong returns for deposits up to less than ₹3 crore. Launched earlier in 2025 and extended until December … Read more