NRIs who become tax residents in India can defer tax on foreign retirement accounts until withdrawal by filing Form 40. This applies to accounts
Wheels turn for over $10-billion US tariff repatriation to India
Cross-border digital payment gateways have also stepped in, offering to route the refunds without opening foreign accounts at a fraction of stand
Tax-free income in India: 5 sources every taxpayer should know about
Certain income types are exempt from taxation under the Income Tax Act, helping taxpayers minimize their tax liabilities. Here are some options y
ICICI Lombard warns that car insurance claims for damage from E20 fuel in older, non-compatible vehicles may be rejected, as such usage could be
Can mutual fund gains be used to repay a home loan and claim Section 54F exemption?
Home-loan repayment is not eligible for Section 54F relief, if the property was purchased outside the prescribed time window.
Rupee level not a threshold, exchange rate a shock absorber: CEA Nageswaran
Attempting to rigidly defend a particular level could be counterproductive for the wider economy, says Nageswaran
Salaried taxpayers can choose between old and new tax regimes until the ITR deadline. Employers will apply the new regime if no preference is com
Government asks shipping companies to restrict seafarer deployment in Persian Gulf
According to the International Maritime Organisation there have been 46 attacks on in and around Strait of Hormuz since February 28 resulting in
A working professional seeks a practical Work-From-Anywhere experience for a month-long family vacation in India. ChatGPT suggests 5 suitable des
Given the current macroeconomic and geopolitical context, we anticipate inflation may exceed the RBIs upper band of 6% in 2H27, the brokerage sta
Where to put your green money: AP, Uttar Pradesh and Rajasthan stand out in Indias energy transition
IEEFAs latest study ranks states on their readiness to attract renewable energy capital and support the electricity transition
What makes UIDAI's new Aadhaar app different from mAadhaar? Do you need to transfer data manually?
The mAadhaar app will be replaced by a new Aadhaar app, launched on January 28, 2026, to enhance privacy and control over data. Here's what makes
Southern Railway highlights 2025-26 achievements; rollout includes Amrit Bharat and MEMU services
The expansion included the rollout of 23 new train services originating from or terminating in Tamil Nadu alone, alongside 14 in Kerala and five
Domestic volumes rose 20% in May as improved rural sentiment and lower GST continued to support demand
Finance Ministry widens definition of overseas individual investors participating in capital markets
Experts feel the move may not enough to bring in foreign investment because the reason for their receding interest in India is a factor of struct
As of June 14, 2026, senior citizens over 60 can access higher FD interest rates, with extra benefits for those over 80. Various banks offer addi
Indias EV expansion kick-off June 15 with 16 rollouts vs 7 ICE models
Indias automotive industry will shift significantly with 16 electric vehicles (EVs) launching on June 15, surpassing seven internal combustion en
IRDAI has issued guidelines on Migration and Portability for health insurance, allowing policyholders to transfer benefits between insurers or wi
The bioeconomic human infra balance sheet: Why farmer health is Indias ultimate fiscal shield
Protecting the smallholders body is the most cost-effective strategy available to shield the State budget and defend Indias sovereign food securi
Foreign Portfolio Investors (FPIs) influence Indian markets but their control has diminished. Increased domestic participation has reduced relian
Diesel curbs raise concerns for hospitals, IT parks dependent on generator power
Industry executives said the restrictions could disrupt fuel procurement for sectors where diesel generators remain critical to operations
Use the 3/20/30/40 rule for home loans to buy a house without straining your finances
Avoid costly borrowing mistakes with the 3/20/30/40 rule for home loans as a guide to efficient home loan planning. This simple framework helps h
Green farms, green future: Why electric mobility is becoming essential for sustainable agriculture
As technology continues to evolve and infrastructure expands, electric mobility is poised to become an essential pillar of sustainable agricultur
10 lakh lump sum vs 10,000 SIP for 100 months - which built a bigger corpus?
Investors often compare lump sum investing and SIPs for wealth growth. A lump sum involves a single, large investment, while a SIP allows regular
From dream to enterprise: Udhampur womans spice unit empowers local women
Avilasha Salarias unit promotes local products, creates jobs, and strengthens the Vocal for Local initiative.
Gadkari clears E100 fuel framework, paving way for ethanol-only vehicles in India
India has cleared the regulatory framework for 100% ethanol (E100) fuel, Union Road Transport and Highways Minister Nitin Gadkari said on Saturda
On June 14, gold prices in India remained stable, with 24-karat gold at 150,900 per 10 grams. Silver saw limited movement, with 999 Fine priced a
The real cost of parenthood? Man says he spent nearly 4 lakh before daughter turned 6 months
According to Chakravarty, expenses begin immediately after pregnancy is confirmed, with regular doctor visits, scans, blood tests and medicines.
Home loan insurance adoption jumps 7X in 5 months: What's driving India's borrowers to sign up?
Home loan insurance adoption has surged sevenfold recently, driven by borrowers seeking to protect families from loan liabilities. Most purchaser
Gold's rally may be changing your portfolio in ways you haven't noticed
A rising gold price may feel reassuring, but a hedge that grows too large can become the biggest risk in your portfolio. Here's why rebalancing m
Eligible nominees for EPF include spouses, children, and dependent parents. Members without families can nominate others, but the nomination beco
The 8th Pay Commission's discussions focus on the fitment factor, crucial for salary hikes for central government employees in India. The report
Why starting your SIP at 25 can build far more wealth than waiting until 35
Start early, build more wealth. This investment planning example shows how the power of compounding helps long-term investing create a significan
India's cost-of-living gap is widening, with Maharashtra's monthly expenses averaging 52,392, while Himachal Pradesh and Bihar remain affordable
Bank holiday next week: SBI, HDFC, others closed on this day between June 14 and June 21; check here
Private and public sector banks in India will be closed for two days between 15 June and 21 June 2026 due to holidays specified by the RBI. Prepa
Multiple loans and EMIs? Here's how to know if your debt is still under control
The key issue is not simply whether EMIs are being paid on time. Instead, it is whether your overall financial framework has enough resilience to
Should a housewife file income tax return? How does it work?
Homemakers are not salaried employees, they may still earn income from various avenues
Want to transfer your home loan? Things to consider before proceeding
Under the refinancing of existing mortgage, a new financial institution clears your current debt and assumes the remaining unpaid principal
India's productivity gap with China widens despite strong GDP growth: Equirus Securities
The report noted that while emerging market labour productivity has grown steadily over the past three decades, the current phase is marked by sh
Delhi electricity bill hike: Here is how much more BRPL, BYPL and TPDDL consumers will have to pay
In response to rising electricity costs, the DERC has approved increased FPPA surcharges for Delhi's power discoms. This adjustment, impacting ma
A 25-year-old Redditor shared his struggle to recover from 70 lakh debt incurred from a failed restaurant, where expansions to the business led t
Inflation seen at 5% in FY27, 50-75 bps rate hikes likely: ICICI Bank Global Markets
Food inflation accelerated to 4.8% YoY from 4.2% in April, core to 3.9% from 3.7%, and energy to 1.9% from 0.4%
ChatGPT's recommended itinerary proved that a three-day summer escape to Manali doesn't have to cost a fortune. It offers a balance between affor
Free travel for women to begin on June 15 in seven KSRTC bus categories
The categories covered under the scheme are Ordinary, City Ordinary, Limited Stop Ordinary, Fair-Stage Ordinary, Town-to-Town, Point-to-Point, an
Blue-collar wages growing faster than white-collar: ProNearMe study
The platform, which operates home-services across Delhi-NCR, Mumbai and Bengaluru, surveyed 1,000 skilled service professionals on its platform e
Aviation sector grapples with financial stress amid West Asia crisis: Sources
To mitigate these losses, carriers have requested that member states allocate the maximum possible number of flight slots
Income-tax returns: For taxpayers filing ITR for business income using the ITR-4 form, i.e. Sugam form, we explain the tax department's rules on
A 10% salary hike may significantly increase gross income, but post-tax gains can be considerably lower due to deductions. Various income levels
India's FTAs set stage for $1-trillion export target: Report
The trade agreements along with PLI schemes and China+1 diversification give india a good shot at lifting its merchandise exports to $1 trillion
World Bank cuts global growth forecast to 2.5% as West Asia conflict triggers energy shock
In a report, the World Bank said commodity prices are expected to rise by 22% in 2026, in contrast to the 7% decline expected in January
AM Green, VOC Port partner to build green ammonia bunkering hub in Tamil Nadu
Companies to invest over 22,000 crore for setting up production and bunkering infrastructure
As crypto futures trading gains traction in India, traders are departing from traditional strategies. Nischal Shetty of WazirX highlights the ope
8th pay commission: Railway groups want fitment factor of 3.80. We look at what the IRTSA has demanded when it comes to fitment factor across lev
Experts warn of further pressure as India's retail inflation rises to 3.93% in May
According to Dipti Deshpande, Principal Economist, Crisil Ltd, the impact of the West Asia conflict is starting to percolate household budgets
India has emerged as world's 3rd-largest domestic aviation market, says Delhi CM
She further emphasised India's growing prominence in the global aviation sector, noting the increase in operational airports
Foreign Portfolio Investments (FPIs) and Foreign Direct Investments (FDIs) differ in ownership and strategy. FPIs are short-term, focusing on fin
The Himachal Pradesh government, led by Chief Minister Thakur Sukhvinder Singh Sukhu, on Thursday announced that state employees will now receive
A policy contradiction at the heart of Indias pulse mission
The harder question is whether a policy design that repeatedly suppresses price-discovery infrastructure in response to retail price spikes is co
From E20 to E85: Indias next leap in sustainable transportation
The country is no longer merely preparing for the future of alternative mobility, but actively defining it through a unique blend of regulatory a
Faster plantation establishment benefits farmers, companies and the nation by accelerating future palm oil production and reducing dependence on
Gold, Silver Rate Today: Here is how much gold and silver costs in key Indian cities on Saturday, 13 June 2026. Check the price of 18K, 22K and 2
8th Pay Commission: 10 lakh interest-free car loan, festival bonus among new demands Details here
Discussions on the 8th Pay Commission have sparked interest, as NC-JCM proposes new advances for salary revisions. Key proposals include a vehicl
Earning FD interest? Why you should submit Form 121 TDS provisions explained
A bank deducts 10% TDS if the interest payable on a customers fixed deposit exceeds 50,000 ( 1 lakh for senior citizens) in a financial year. A c
SpaceX's IPO valued the company at $2 trillion, making it the sixth-largest U.S. company and turning Elon Musk into the first trillionaire. Inves
29-year-old laid-off MNC employee with 5 crore net worth asks: Should I be satisfied?
The Redditor shared that his personal net worth stands between 5 crore and 6 crore, while his wife's assets are worth approximately 2 crore. He a
Are you drowning in multiple EMIs? Debt consolidation can simplify repayments, improve cash flow, reduce missed payments, strengthen financial di
5 powerful money lessons I learned from the worlds first trillionaire, Elon Musk
Elon Musk faced severe challenges in 2008 with SpaceX and Tesla but remained dedicated to his long-term vision. Similarly, consistent investments
HDFC AMC has confirmed a data breach. Your mutual fund investments are safe, but your personal data may be at risk. Here is what investors must d
Bank holiday today, June 13: Are SBI, HDFC Bank, and other banks closed on Saturday?
Banks across India are closed on specified holidays, including second and fourth Saturdays and Sundays. Online banking remains operational during
Why let gold sit idle? Here's how gold leasing can help investors earn returns
Indian households often see gold as a wealth store, kept untouched for years. Gold leasing allows owners to lend their gold for interest while re
Advance tax deadline on June 15: Who should pay, who is exempt and do senior citizens need to pay?
The first advance tax instalment deadline for FY 2026-27 is June 15, 2026. Here's who should pay, who is exempt and do senior citizens need to pa
AM Green and VOC Port Authority to develop green ammonia bunkering hub in Thoothukudi
Intends to develop up to 200 KTPA of green ammonia marine bunkering capacity by 202930 with an estimated investment of 2,000 crore
Additional technical examinations continue in AI171 crash investigation: AAIB
The probe agency said that evidence collected so far, along with the results of various examinations, is currently being analysed in a comprehens
One year after the Air India AI-171 crash killed 260 people, families returned to Ahmedabad carrying photographs, unanswered questions and demand
India protests use of deadly force by US on commercial shipping that killed three
Summons US envoy twice in three days over Gulf of Oman strikes; demands safety for civilian mariners
VOC Port to invest 5,720 crore to deepen harbour, target larger vessels
The project will increase the ports draught to 15.2 m from the current 12.8 m
APEDA releases SOP on rice export to China, orders for immediate compliance
The authority is keen to protect its footprint in a lucrative neighbouring market that shows strong demand for Indian broken rice
The central government has warned that deepfakes and synthetic identities are increasingly being used to target digital verification systems. Ban
Are gifts received at wedding exempt from taxation? Here's what newlyweds should know
Indian weddings involve cash, gold, and gifts, which may raise tax concerns for newlyweds. The income tax law allows exemptions for gifts receive
Whether it is an ageing parent requiring months of specialised nursing post-surgery, a stroke survivor needing extensive physical rehabilitation,
Soybean oil likely to remain competitive in 2027 as Argentina plans export tax cuts
Argentine President Javier Milei announced a gradual reduction of soybean export taxes, which will begin in January 2027 at a monthly rate of eit
Indias soybean oil imports surge in May; edible oil inflows up 13% so far in 2025-26 oil year
Cooking oil imports increased to 92.17 lakh tonnes during November-May 2025-26 against 81.31 lakh tonnes a year ago
India palm oil imports edge higher in May, remain below average
India's palm oil imports in May were up 7% from April to 549,356 metric tons
Retail inflation climbs to 3.93% in May
Food inflation edged up to 4.78%, driving the increase in headline consumer prices.
Can you use stock market losses to reduce tax on other capital gains? Income tax rules explained
Investors can offset equity-related losses against other capital gains to lower tax liabilities. The adjustment depends on the nature of the loss
Air India crash: Kin of 15 victims decline belongings; 1 cr ex gratia paid to 91% families
Air India says the ex gratia of 1 crore was announced as part of Tata groups philanthropic commitments and went beyond legal compensation require
West Asia tensions weigh on orthodox tea prices at Kochi auctions
Auctioneers Forbes, Ewart & Figgis say the market faced buyer resistance in sale this week
Telangana keen on supporting investments in logistics: Minister Sridhar Babu
Although Telangana does not have a coastline, it transformed its inland location into a `strategic advantage,the Minister said
Only one in four major reservoirs in India half-full as overall storage drops to 28%
Level in the countrys 166 reservoirs down to 51.917 BCM of the 183.565 BCM capacity as nearly 2/3rds has received deficient rain so far
A year on, kin of AI crash victims still wait for answers, truth behind disaster
The Aircraft Accident Investigation Bureau released an interim report in July last year, giving no reason for the crash, though a paragraph in it

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