Day: August 26, 2026

On August 26, 2026, banks will remain closed in observance of Onam and Id-E-Milad. Customers planning visits to physical branches are advised to consult the RBI holiday calendar beforehand. While Onam is a vibrant harvest celebration honored in Kerala, Eid-e-Milad marks the significant birth anniversary of Prophet Muhammad, influencing banking activities across several states.

8th Pay Commission salary hike: Employee organisations are pushing for larger annual salary increments in the 8th Pay Commission. They argue this approach would lessen dependence on a high fitment factor. Current projections show that a fitment factor can yield a notable immediate pay rise, whereas higher annual increments take years to achieve similar benefits….

Health insurance calculator: How much cover do you need by age, city and family size?

Tax officer sent black money notice to Pitampura based couple and added Rs 2.25 undisclosed money from Singapore and British Virgin Islands to their income but ITAT Delhi cancels these additions. Know how this couple won the black money case.

Severance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says

Profits from stock trading can be classified as capital gains or business income for tax purposes, impacting ITR filing deadlines. Here’s when they are classified as business income.

The NCDRC has upheld ICICI Prudential Life Insurance’s rejection of a home loan insurance claim after finding that the deceased borrower had suppressed material medical information. The case highlights why borrowers must accurately disclose pre-existing illnesses and medical history.

On August 26, gold prices rose in India as crude oil prices fell and the US dollar weakened. 

Gold and silver prices opened higher on the MCX on Wednesday as investors awaited key US inflation data for cues on the Federal Reserve’s interest-rate path. MCX September silver futures rose Rs 2,053 to Rs 2,46,180 per kg, while October gold futures gained Rs 320 to Rs 1,63,202 per 10 grams. The US PCE inflation…

Nifty 50 breaks above Bollinger Band: Live levels