Rising education costs are turning into a silent financial crisis for families across India. From private schooling to professional degrees, expenses are climbing faster than most parents expected. In this environment, many families are now turning toward structured child insurance and savings solutions. One name that is gaining strong attention in 2026 is SBI Child … Read more
Union Bank has issued a clarification regarding its 2026 account update framework, addressing customer concerns around compliance, minimum balance requirements, KYC norms, and digital banking adjustments. The announcement aims to provide transparency and ensure account holders understand how the revised structure will impact their banking experience in the coming year. Why the Clarification Was Issued … Read more
The government is expected to increase the Dearness Allowance (DA) for central government employees and pensioners to 60% in 2026. This rise aims to offset inflation and enhance the purchasing power of employees and retirees. Understanding the DA hike helps beneficiaries plan finances and manage household budgets. The increase will impact salaries, pensions, and other … Read more
The government has introduced new rules for home rent and House Rent Allowance (HRA) in 2026, providing significant tax relief to salaried individuals. More cities are now eligible for a 50% HRA benefit, reducing taxable income for employees who pay rent. Understanding the rules helps taxpayers plan finances and maximize savings. Accurate documentation of rent … Read more
In a major welfare update, the government has reiterated the continuation of the ₹6,000 annual financial support under the PM-Kisan scheme. The reassurance brings clarity for millions of eligible farmers who depend on the installment-based assistance for agricultural and household expenses. The scheme continues to play a vital role in supporting small and marginal farmers … Read more
The government is expected to announce a hike in the fitment factor for central government employees in 2026. This increase directly impacts basic pay, resulting in higher salaries across all pay levels. Understanding the details helps employees anticipate financial planning and budget adjustments. The hike also affects allowances linked to basic pay. Staying informed ensures … Read more
A major policy update has confirmed structural modifications to the EPFO pension framework for 2026, bringing fresh attention to retirement planning for salaried employees. The revised structure is expected to influence contribution calculations, pension eligibility norms, and benefit distribution patterns under the Employees’ Pension Scheme. What Has Changed in the Pension Structure The 2026 modification … Read more
A significant 2026 policy update has strengthened senior citizen support programs, bringing expanded welfare coverage and enhanced financial assistance for elderly citizens. The move is aimed at improving income security, healthcare access, and social protection as governments respond to rising living costs and demographic shifts. Expanded Pension and Financial Assistance The 2026 update places strong … Read more
A significant government decision in 2026 is set to transform the rental housing landscape by enforcing mandatory legal compliance before any lease agreement is signed. The updated framework aims to protect tenant rights, improve transparency, and standardize documentation processes across residential rental markets. Both landlords and tenants will need to understand the revised obligations before … Read more
Provident Fund subscribers could see a modest revision in returns for FY26 as discussions around the EPFO interest rate indicate the possibility of a small reduction. While the cut, if implemented, is expected to be marginal, it may still influence long-term retirement planning for millions of salaried employees who rely on provident fund savings as … Read more