RETIREMENT IN INDIA
CJI Surya Kant flags rising 'digital arrest' scams duping educated people
Chief Justice of India Surya Kant voiced shock at educated people being defrauded by digital arrests. A recent case involved an elderly woman losing all her retirement savings. The Supreme Court is actively addressing this growing cybercrime. Discussions are underway with authorities like the RBI and DoT to establish procedures and compensation frameworks.
'Monumental setback' for PM Modi's foreign policy: Congress on Pakistan's role in US-Iran peace moves
Pakistan is reportedly hosting US-Iran peace talks. Congress criticizes Prime Minister Modi's foreign policy, stating Pakistan Army chief Asim Munir's closeness to US President Donald Trump is a setback. The party claims India needs a diplomatic strategy overhaul, which Modi is incapable of achieving. This situation highlights a shift in regional engagement.
Pakistan's military chief Asim Munir takes lead on US-Iran talks in diplomatic blitz
Pakistan's military chief, Field Marshal Asim Munir, is in Tehran carrying US proposals for a second round of US-Iran peace talks. Prime Minister Shehbaz Sharif and his foreign minister are engaging regional allies. This coordinated effort aims to advance the peace process. The talks are expected to take place in Islamabad this week. Security is being heightened in the capital.
Started investing in your 40s-50s? Compensate for lost years with higher savings and disciplined investing
The good thing is that you would be earning well in your 40s and 50s. Combine this with the fact that many of your other goals would have been by now largely (if not fully) managed. So you can invest more as the surplus is there.
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savings
Salaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementation is delayed pending final government notifications. The shift towards a fixed-heavy salary structure, with higher basic pay, may reduce take-home salaries while boosting long-term retirement savings.
Choosing the right NPS annuity: Why expenses, behaviour, and risk tolerance matter for retirement income
The National Pension System's exit rule eased, allowing more flexibility with annuity purchases. Retirees must carefully decide how much to allocate to annuities, balancing essential expense coverage with potential market returns. While annuities offer stable income, Systematic Withdrawal Plans (SWPs) provide tax advantages and flexibility, though they require discipline.
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Digital arrest scams: CBI to launch chatbot to help people verify notices issued to them
The CBI is launching a new AI chatbot named Abhay on Monday. This tool will help citizens verify the authenticity of notices they receive. It aims to combat digital arrest frauds where scammers impersonate CBI officials. The chatbot will provide a crucial defense against these sophisticated scams. This initiative is part of the 22nd D P Kohli Memorial Lecture.
4-member panel with retired judge, ex-IPS officer to probe Nashik TCS case
A Fact Finding Committee has started its inquiry into serious allegations at a TCS office in Nashik. The committee will speak to all parties involved before releasing any details. This comes as protests continue and authorities investigate the matter. TCS is cooperating with the investigation, which is looking into potential forced conversion and sexual harassment.
8th Pay Commission demands for pensioners: One rank one pension, gratuity up to Rs 75 lakh; 10 things key employee body has demanded
Central government pensioners' rights are a key focus in the NC-JCM's 51-page memorandum for the 8th Pay Commission. Demands include a same fitment factor for employees and pensioners, increased gratuity to Rs 75 lakh, and the restoration of the Old Pension Scheme. The memorandum also calls for a reduced pension commutation period and expanded CGHS facilities.
Women financially active but lack tailored advice, reveals HSBC report
Women are actively managing their wealth but face a 'Fluency Gap' in financial guidance. A new HSBC report reveals affluent women are intentional about finances from their 20s. However, fewer than half feel supported by advisors. The study calls for personalized, adaptable advice that evolves with women's changing life stages and priorities.
US President Trump greets TS Sandhu on appointment as Delhi Lt Governor
Former US President Donald Trump congratulated Taranjit Singh Sandhu on his appointment as the Lieutenant Governor of Delhi. Trump highlighted Sandhu's commitment to strengthening US-India relations during his tenure as Ambassador. He wished Sandhu success in leading Delhi's progress and furthering global ties.
SC refuses to entertain plea of Army veterans against current pay-fixation rules
The Supreme Court declined to hear a plea from ex-servicemen challenging pay-fixation rules that penalize veterans joining civil services. The court permitted a representation to authorities, stating dissatisfied petitioners can approach the Central Administrative Tribunal. The plea argued current rules ignore military service, leading to financial disadvantage and unequal treatment.
Polls for nine Maharashtra Legislative Council seats scheduled for May 12: EC
Elections for nine Maharashtra Legislative Council seats are scheduled for May 12, as announced by the Election Commission of India. The tenure of these nine MLCs concludes on May 13, 2026, prompting the need for these biennial elections. The notification will be issued on April 23, with nominations closing on April 30.
Rohit Sharma all but ruled out for Mumbai Indians' IPL clash against Punjab Kings
Rohit Sharma is likely to miss Mumbai Indians' IPL clash against Punjab Kings due to a hamstring injury sustained during their last match. He retired hurt after experiencing discomfort while batting. Meanwhile, England all-rounder Will Jacks is en route to join the squad but will miss Thursday's game.
Centre plans Lok Sabha expansion to 850 seats, women’s quota from 2029
India's electoral map is set for a major change. The Lok Sabha could have up to 850 seats. Parliament and state assemblies may see a 50% increase in seats. From 2029, over 270 seats could be reserved for women. This move aims to implement the women's reservation law sooner. A special parliamentary session will discuss these proposals.
Washington Sundar says playing all formats for India is a blessing, not a challenge
Washington Sundar embraces playing across all formats for India. He calls it a beautiful blessing. Fitness is key to his consistent opportunities. He has worked on his batting power. Sundar aims to contribute to wins. He enjoys his role with Gujarat Titans in the IPL. He hopes for future success.
Her husband’s loss left void, but at 91 this Ahmedabad nani found purpose in cooking. Today at 98, 'Nani’s Nashta' business has made her viral star
Prabhavati Bhagwati, a 98-year-old woman from Ahmedabad, has become a viral inspiration after starting her home-based Gujarati snacks business, “Nani’s Nashta”, at the age of 91 following the loss of her husband in 2017. What began as a simple moment at a tea gathering, where her homemade khandvi was loved and later ordered for events, gradually turned into a small but successful kitchen business serving traditional Gujarati and Mumbai-style snacks like dhokla, thepla, sev puri, vada pav, and pav bhaji. Now cooking for over 200 families, she has redefined ageing by proving that passion, purpose, and new beginnings have no age limit, making her story a powerful reminder that it’s never too late to start again.
SIP portfolio under pressure? Here’s how to plan for a Rs 3-4 crore retirement corpus
A 34-year-old investor's Rs 30,000 monthly SIP portfolio, despite diversification, has seen short-term losses amid market volatility. Experts advise a more aggressive equity allocation and disciplined investing to achieve a Rs 3-4 crore retirement corpus by age 56, emphasizing compounding and regular reviews.
Should you worry while investing in mutual fund with highest AUM? Expert suggests SIP tweak and strategy
High AUM mutual funds aren’t always a concern, but experts recommend tweaking SIP strategies and diversification to manage risks and optimise returns.
'Done with circus called India': Man shares why he wants to leave country even after Rs 10 crore savings
A man with ₹10 crore in assets is considering leaving India due to poor civic conditions, urban chaos, and a declining quality of life in major cities. He cited long queues, chaotic roads, high taxes with no service, noise, poor sanitation, and lack of personal space as reasons for his decision, seeking a more peaceful retirement.
Gratuity may rise under New Labour Code, but your income tax bill could too
The Code on Social Security, 2020 expands the wage base for gratuity, potentially increasing payouts, but tax rules under the Income-tax Act, 1961 and the Income-tax Act, 2025 still rely on basic pay plus DA. With the Payment of Gratuity Act, 1972 now subsumed, this mismatch could make part of the higher gratuity taxable—highlighting the need for alignment between labour and tax laws.
Widow received DA on both regular and family pension but still challenged it in court; HC explains why claim failed
A Chennai woman's claim for Dearness Allowance on her regular pension was dismissed by the Madras High Court. She believed she wasn't receiving it, but the court found she was already getting DA on both her family and regular pensions. The High Court emphasized that a single individual cannot receive two Dearness Allowances.
Meet Dashrath Singh: Ex-Army man from Rajasthan who earned 138 degrees from IGNOU after retirement
Dashrath Singh, a former Army officer, has achieved an incredible academic feat. After 16 years of service, he pursued relentless learning, earning 138 degrees, diplomas, and certificates. Singh has also reportedly set 11 world records in education. He now uses his legal knowledge to assist fellow soldiers and retired personnel.
GPF interest rate for government employees: Has Finance Ministry changed GPF interest rate for April-June 2026 quarter?
The Ministry of Finance has announced the General Provident Fund (GPF) interest rate for the April-June 2026 quarter will remain at 7.1%. This rate applies to GPF, CPF, and other similar government funds. The Public Provident Fund (PPF) and other small savings schemes also retain their interest rates.
PPFAS Asset Management gets approval to sponsor pension funds under NPS
PPFAS Asset Management has received approval from the Pension Fund Regulatory and Development Authority (PFRDA) today to become a sponsor for a pension fund under the National Pension System (NPS).
US 401(k) and other overseas pension account holders: Forms ITR-1 and ITR-4 are no longer available under the new Indian I-T Act; they must now file ITR-2 or ITR-3
New Income Tax Return forms have removed ITR-1 and ITR-4, requiring US 401(k) and overseas pension account holders to now use ITR-2 or ITR-3. This change aims to streamline reporting of foreign assets and income, aligning with existing disclosure requirements. Taxpayers can still defer tax liability by filing Form 10-EE.
IAF father gets hero’s welcome after air force retirement, son’s salute video leaves internet emotional
Video of a son saluting his father on his retirement from the Indian Air Force is capturing attention online. The simple yet powerful gesture of respect has deeply resonated with viewers. The clip shows the son offering a crisp salute, a silent acknowledgement of his father’s years of service. The moment highlights the sacrifices made by military families and the values that come with a life in uniform. The father’s dedication to duty, decency and courage has clearly left a lasting impression on his son.
What if you used retirement to...: Gurgaon couple who spent 40 years in corporate life has internet inspired
Retirement life tips: Radha and Surendra from Gurugram are redefining retirement. The couple, known as 'seniorjeepsies' online, are travelling the world. Their daughter Yuvika shared a video of their adventures. The clip shows them exploring India and other countries. It has gained over a million views. They live like locals and cook their own meals. Their story inspires people of all ages.
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