As preparations for Union Budget 2026 gather momentum, India’s New Tax Regime has clearly emerged as the cornerstone of the government’s personal taxation strategy. Following the sweeping relief announced in Budget 2025, policymakers appear increasingly committed to nudging taxpayers toward a simpler, deduction-light tax structure. The sharp increase in the…
Tag: #PersonalFinance
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8th Pay Commission Effective Jan 1, Raise Delayed
The 8th Pay Commission has officially come into effect from January 1, 2026, raising expectations among lakhs of central government employees and pensioners across the country. However, despite the formal commencement, there will be no immediate increase in salaries or pensions, as the commission’s recommendations are yet to be finalised…
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Indian Households Pile on Debt Faster Than Assets: RBI Data
New Delhi: Reserve Bank of India (RBI) data show Indian households have been accumulating financial liabilities far faster than financial assets since 2019-20. Between 2019 and 2025, fresh financial assets added annually rose by 48%, while new household liabilities surged by 102% a divergence that carries implications for savings behaviour,…