New Income Tax Rules 2026: The Income Tax Department on Saturday released the draft Income-tax Rules, 2026. These new rules will become effective from April 1, 2026, that is the start of the financial year 2026-27. There are several changes aimed at simplification in tax filing and ease of compliance in the new draft income tax rules 2026.
Life Insurance Corporation of India rose 6.45% to Rs 894.65 on Friday after the insurer reported a strong set of consolidated numbers for the December quarter.
Campaign running from January 1 to March 2, 2026, allows revival of lapsed individual policies with concessions on late fees, aimed at restoring insurance cover for policyholders
The RBI has identified SBI, HDFC Bank, and ICICI Bank as India's most systemically important financial institutions, terming them as Domestic Systemically Important Banks (D-SIBs).
LIC posted a 32% YoY profit jump to Rs 10,053 crore in Q2 FY26, with Net Premium Income rising 5.4% to Rs 1.26 lakh crore.
LIC is launching two new offerings for the domestic market, LIC namely LIC Jan Suraksha and LIC Bima Lakshmi, which will cater to different individual needs.
Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.
The Income-tax Act, 2025 (New Act) marked a historic shift from the Income-tax Act, 1961 (Old Act) by eliminating provisos and explanations, making substantive law clearer and more accessible. However, the Income-tax Rules continue to create procedural complexity and hardships for many taxpayers.
India faces a life insurance protection gap of over 17 trillion dollars, with 83 percent underinsured.
