The draft Income-tax Rules, 2026 signal a calibrated overhaul of India’s tax compliance framework — raising thresholds for routine banking and property transactions, revising salary perquisite valuations, and expanding exemptions for families, while simultaneously tightening digital scrutiny and foreign income reporting norms.

Life insurance remains a critical tool for financial protection and savings in India, but coverage levels are still far below what is considered adequate for earning individuals, according to insights shared by Mithil Sejpal, Co-Founder of SLiQ (Smart LIQuidity) by ValuEnable.

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.

More than ₹22,000 crore in life insurance benefits remained unclaimed at the start of FY24, highlighting a growing awareness gap among policyholders and their families, according to Kamlesh Rao, Chairperson of the Insurance Awareness Committee (IAC-Life), and Parag Raja, Member of IAC-Life.

An important reform to India's tax system will take place on April 1, 2026, when the Income-tax Act, 2025, goes into effect. These modifications will have an impact on how people, companies, and investors calculate taxes, report income, and adhere to TDS/TCS regulations.

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.