As the next financial year approaches, India’s direct tax framework is preparing for one of its most significant structural updates in decades. From April 1, 2026, the newly enacted Income-tax Act, 2025, will replace the long-standing Income-tax Act of 1961.
The objective is not to radically change tax rates. Instead, the focus appears to be…
Retirement planning under the National Pension System (NPS) has undergone a significant shift in 2025. The Pension Fund Regulatory and Development Authority (PFRDA) has amended exit and withdrawal norms, introducing greater flexibility for subscribers while reducing the extent of mandatory annuitisation.
These changes materially affect how retirement corpus can be accessed, deployed, and managed post-retirement,…
India’s new labour codes came into force on 21 November, restructuring the country’s social-security framework. Gratuity, ESI, maternity benefits, and several retirement-linked provisions now operate under the Social Security Code, while the Code on Wages mandates a uniform 50 percent wage rule for statutory benefits.
But one major law has not moved: the Employees’ Provident…

