By ArthaShala Financial Desk | Updated: November 7, 2026 | ✓ Verified Against RBI Directions (RBI/2025-26/82 & Oct 2026 Master Directions) Losing a parent, spouse, or family member is emotionally devastating. Fighting a bank branch for their life savings shouldn't be your second tragedy. Every day across India, grieving families walk into bank branches holding an original Death Certificate—only to be sent on a months-long runaround. Uninformed branch officers routinely demand court Succession Certificates even when a valid nominee is registered, insist on wealthy third-party sureties, or leave safe deposit locker claims gathering dust for months. Here is the regulatory weapon banks rarely advertise: Under the Reserve Bank of India (Settlement of Claims in respect of Deceased Customers of Banks) Directions, 2025 (fully enforced across all banks in 2026), your bank is legally required to settle deposit and locker clai...
Imagine this: You’ve just received a notification that your latest freelance project payment has hit your bank account. It’s a moment of pure pride. But then, a friend asks, "Hey, did you pay tax on that?" and suddenly, the joy turns into confusion. Wait, I’m just a college student. Do I even have to worry about the Income Tax Department? This is a dilemma facing thousands of young creators, coders, and writers across the country. The short answer is: Yes, freelancing income is taxable for students in India . However, " taxable " doesn't always mean you have to pay money out of your pocket. In fact, understanding the rules might actually help you get money back . In this comprehensive guide for Assessment Year 2026-27, we will decode the complex world of tax slabs, Section 44ADA for students , and how you can legally save 100% of your tax while building a solid financial profile. ...