35 C 
The Centre has implemented the EPF Scheme, 2026, replacing the 1952 scheme. Effective June 29, 2026, it retains contribution rates while enhancing digital compliance and simplifying withdrawal processes for members. Details here.
SK Hynix commands a significant share of the HBM market and its Nasdaq listing may raise billions for expansion. However, the overall demand is high, suggesting both SK Hynix and Micron can grow together despite increased competition in memory chips.
Dream Sports will shut down its fintech platform Dream Money on July 30. Here's what happens to your mutual funds, fixed deposits and digital gold.
Selling property or stocks? These 5 smart hacks can help you save capital gains tax
Capital gains tax can be minimized through strategic planning and compliance with the Income Tax Act. Taxpayers may claim exemptions, utilize capital losses, consider holding periods, maintain accurate records, and time sales effectively to reduce their tax liability legally.
Edelweiss AMC crosses Rs 1 lakh crore equity AUM milestone, SIP book at Rs 690 crore
Edelweiss Asset Management Company crossed Rs 1 lakh crore in equity AUM, with total assets reaching Rs 1.78 lakh crore. The milestone reflects growing retail participation, strong SIP inflows, consistent fund performance and rising investor confidence in long-term wealth creation.
Zerodha's Nithin Kamath highlights long account-opening processes as a barrier for NRIs to benefit from FCNR deposits. The RBI's favorable changes make it easier, but slow onboarding could diminish interest.
Magnificent 7 lost $2.3 trillion in June: Is it time to trim your US tech stocks?
The Magnificent Seven tech stocks lost $2.3 trillion in value in June due to uncertainty over AI investments. Major declines were noted for Microsoft and Nvidia. Investors are advised to diversify portfolios and consider market concentration to mitigate risks amidst fluctuating valuations.
ITR filing 2026: 6 costly mistakes salaried taxpayers should avoid before 31 July deadline
As the last date of filing ITR looms closer, it is important to be careful about certain key factors. These include choosing the right ITR form and regime, and cross-verifying taxable income against the disclosures made in AIS/TIS.
New vs old regime: Earning 20 LPA? Here's which regime saves you over 1 lakh
The tax regime choice becomes more nuanced at a 20 lakh annual salary, where the Section 87A rebate is no longer available. A comparison shows whether common deductions under the old regime can outweigh the new regime's lower tax rates.
NRI selling investments? Here's how you can save capital gains tax
Section 215 of the Income Tax Act, 2025 allows eligible NRIs to claim exemption from long-term capital gains tax. But the benefit is available only if strict conditions on investment source and reinvestment are met.
Low-volatility mutual funds: Should you invest? Here's what experts say
Low-volatility mutual funds seek to cushion market downturns while keeping investors invested in equities. Understand how the strategy works and who should consider it.
From ITR to Aadhaar: Key financial changes kicking in from July 1
Several financial changes come into effect from 1 July, including revised ITR filing deadlines, free Aadhaar email updates and new RBI rules against bank mis-selling. Here's how they could affect you.
Modern borrower expects instant payments, real time updates and more
The once-difficult access to information has made borrowers more aware. They compare loan products and interest rates, and regularly track their credit scores. Borrowers now understand the importance of a credit score, and are increasingly conscious of maintaining healthy credit profiles.
Starting SIP at 25 vs 35: How a 10-year delay can shrink your retirement corpus by nearly 25 lakh
Delaying a SIP by 10 years can significantly reduce retirement corpus due to the loss of compounding. A 1,000 monthly SIP started at 25 years of age grows to an estimated 37.97 lakh by age 60, compared with 13.27 lakh if started at 35 years, assuming a 10% annual return.
10-5-3 rule of investing: Why it helps investors build realistic wealth expectations
Smart investing starts with realistic expectations. The 10-5-3 rule helps beginners understand investment returns, compare asset classes, manage risk, and build long-term wealth through disciplined financial planning instead of chasing unrealistic market gains.
Fuel inflation isn't just about petrol. It changes your entire financial plan
Fuel price shocks ripple through transport, food and household budgets. Here's what history teachesand the practical financial strategies families can adopt to stay ahead of inflation.
Homegrown AlphaGrep takes on Jio BlackRock with India Algo Funds
Over the next 18 months, AlphaGrep Investment Management Pvt plans to unveil about half a dozen mutual funds, Chief Executive Officer Bhautik Ambani told a press conference Tuesday. On July 6, it will launch the first fund, a dynamically managed multi-asset fund investing across equities, fixed income and commodities.
SWP taxation explained: Why every withdrawal from a mutual fund can have a different tax liability
For tax purposes, each SWP payout is considered a partial redemption of mutual fund units. This means every withdrawal comprises two components: the return of the original investment (principal) and capital gains. Tax is levied only on the capital gains component of each withdrawal.
mAadhaar app retires: Will your Aadhaar data be deleted? Key features of new app
The new Aadhaar app replaces mAadhaar with safer digital verification, face authentication and QR features. Existing mAadhaar data remains available during the transition, allowing users to switch smoothly without losing important Aadhaar records.
Experts point out that course certificates alone don't count for much. Market premiums and career advancement go to those who can translate coursework into functional workplace optimization.
Why your financial goals must change when your net worth does
As wealth grows, financial planning shifts from chasing returns to matching capital with purpose. A three-bucket framework can help families protect lifestyle, preserve flexibility and build a lasting legacy.
Trader gets 21 lakh tax demand over demonetisation cash, wins at ITAT
A Karnataka trader won relief after the ITAT held that old currency deposits backed by business records and affidavits cannot be treated as unexplained income merely because they were made during demonetisation.
NFO Alert: AlphaGrep Mutual Fund launches multi asset allocation fund, its first fund
AlphaGrep Mutual Fund has launched its inaugural fund, the AlphaGrep Multi Asset Allocation Fund, marking its entry into the Indian retail market. This open-ended fund employs a systematic, quantitative approach to dynamically allocate capital across equities, fixed income, and commodities, aiming for long-term growth with minimal human bias. The NFO opens July 6 and closes July 20, offering institutional-grade strategies to everyday investors.
Listed shares, intraday trading, unlisted shares, equity mutual funds and F&O: Tax rules explained
The tax on equity investments in India depends on the type of investment, the holding period and type of gains. While listed shares and equity mutual funds are subject to capital gains tax, income from intraday trading and F&O is taxed at the applicable income tax slab rate.
Gold and silver prices today, 1 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Best mutual fund SIP portfolios to invest in July 2026
ETMutualFunds has unveiled recommended mutual fund portfolios for July 2026, catering to conservative, moderate, and aggressive investors. These curated SIP baskets, designed for long-term goals like retirement, are based on a robust methodology evaluating returns, consistency, risk, and outperformance. The selection process for equity, debt, and hybrid funds ensures a data-driven approach to investment choices for a broad audience.
EPFO extends online service outage till July 1; services to resume from July 2
EPFO has extended its planned system migration, delaying the restoration of online member and employer services by another day. Subscribers will now be able to access claims, passbooks and other digital services from July 2, subject to completion of the upgrade.
DA hike July 2026: AICPI-IW rises to 150.8, Dearness Allowance revision awaited
DA hike July 2026 estimates rise after AICPI-IW reaches 150.8. Here's the latest inflation data, the expected Dearness Allowance revision, the calculation method and the final approval process.
8th Pay Commission FAQs: 10 key facts for central government employees in July 2026
Big changes are ahead as the 8th Pay Commission enters key discussions in July 2026, covering salary revision, fitment factor and pension updates for central government employees and pensioners. Here are some FAQs and the latest developments.
Active share decoded: The metric that reveals a fund's true strategy
Unsure if your fund manager is truly active? Active share reveals how much a mutual fund's portfolio deviates from its benchmark index. A low active share might mean paying active fees for index-like performance. Understanding this metric helps investors identify genuine active management and avoid 'closet index funds,' potentially leading to better investment decisions.
Gold loans are becoming the biggest driver of consumer borrowing? Here's what RBI FSR report says
Gold loans have become India's fastest-growing retail credit, recording a CAGR of 42.4% since March 2024, nearly double the 23% growth in non-housing retail loans.
The RBI's stress tests revealed 44 open-ended debt mutual funds breached liquidity thresholds in March 2026. Despite this, the central bank reports no immediate concerns, as affected funds have either rectified the issue or initiated corrective actions.
Despite market volatility, SIP inflows reached a record 32,086 crore in March 2026, according to the RBI's Financial Stability Report.
How much does it cost to relocate to Hyderabad? Microsoft techie says 3.6 lakh
Krish, shared a detailed breakdown of the expenses involved in the move, including rent, security deposit, furniture, appliances and other household essentials.
From 90,000 salary to 15 lakh debt: Viral LinkedIn post explains a financial spiral
A LinkedIn post by SEBI-registered investment advisor Vivek S G (Sulegai), founder of Wealth Crafts, is resonating with users after he shared the story of a Pune professional whose finances unravelled following a family medical emergency, eventually leaving him with a 15 lakh debt burden.
The government has maintained interest rates on small savings schemes for the July-September 2026 quarter, marking the ninth consecutive quarter of unchanged rates.
Health insurance companies will soon offer top-up health cover to National Pension System subscribers via PFRDA's NPS Swasthya product, set to launch in 60-70 days.
Alphabet joins Dow Jones, SpaceX enters Nasdaq 100: Which stock should Indian investors choose?
Experts suggest Indian investors can get exposure through international mutual funds, US-focused ETFs, or direct overseas investing under the LRS. While SpaceX's Nasdaq 100 inclusion is expected to attract passive investment flows, experts believe its entry into the Dow remains years away.
Why hybrid SIFs are attracting investors
Hybrid long-short strategies accounted for 9,709 crore of investor assets, which was around 70% of the total SIF AUM of 13,814 crore
Govt extends deadline for filing appeals before GST appellate tribunal check new due date
The Government has extended the deadline for filing appeals with the GST Appellate Tribunal after stakeholders raised concerns about technical difficulties on the portal. Check new due date here.
What are multi-asset allocation funds? Comparing the top 5 funds by portfolio allocation
Multi-asset allocation funds provide diversification by investing across at least three asset classes, helping reduce dependence on any single investment. However, each fund follows a different portfolio allocation strategy, resulting in varying levels of risk and return potential.
RSU paradox: when your biggest wealth creator becomes a concentration risk
RSUs can be powerful wealth creators, but holding on to every vested share ties your career and investments to the same company, creating a concentration risk many employees overlook.
Changing jobs soon? Fix these EPF transfer errors before resigning for a smooth PF transfer
Avoid costly PF transfer delays before changing jobs. Checking your EPF transfer records, UAN, KYC and employment details before resigning can prevent processing issues and help ensure your provident fund balance moves smoothly to your new employer.
These 10 equity mutual funds gained up to 10% in June. Check top performers
UPI is now live in Greece: What Indian travelers should know before visiting Athens, Mykonos
With UPI now live in Greece, eligible customers can transfer money instantly, securely, and seamlessly, with transaction costs reducing drastically to a fraction of conventional transfer costs, Goyal said in a social media post.
NFO Alert: ICICI Prudential Mutual Fund announces launch of balanced hybrid fund
The new fund offer or NFO of the fund is open for subscription and will close on July 14. The scheme will reopen for continuous sale and repurchase within five business days from the date of allotment.
Gen Z professionals in India are increasingly prioritizing work-life balance and skill development over promotions and salary hikes, according to Naukris Gen Z Work Code report. 14% of Gen Z employees may quit within a year if growth is missing, compared to 3% of millennials.
UTI Mutual Fund buys nearly 15 lakh shares of MCX for Rs 425 crore
UTI Mutual Fund has significantly boosted its stake in MCX, acquiring nearly 15 lakh shares for a substantial Rs 425 crore via an open market deal. This move comes as MCX reported a remarkable surge in its March quarter profits, nearly quadrupling to Rs 530 crore and tripling revenue. The commodity exchange, a dominant player with over 98% market share, saw its shares dip slightly following the transaction.
Good investing outcomes come from doing few boring things well: Nithin Kamath
Zerodha co-founder Nithin Kamath said building long-term wealth does not require chasing hot stocks or timing the market. He stressed that investors often overcomplicate investing by trying to predict markets or pick from thousands of options. In a post on X, he said good outcomes come from doing a few boring things well through disciplined, low-touch investing.
Which mutual funds are best for SWP? Expert explains, also decodes STP tax implications
Choosing the right mutual funds for a Systematic Withdrawal Plan (SWP) hinges on individual financial goals, investment horizon, and risk tolerance, not a universal list. Experts advise aligning fund choices with withdrawal timelines, suggesting equity/hybrid for long-term wealth building and debt funds for immediate income needs. Understanding tax implications of Systematic Transfer Plans (STPs) is also crucial for a balanced investment strategy.
ITR filing AY 2026-27: Step-by-step guide to check your income tax return status online
Income Tax department offers an online service that allows taxpayers to check status of their filed returns both before logging in to e-filing portal and after signing in. The service also provides access to return-related documents and alerts users if any action, such as e-verification, is pending.
5 ways to improve payment history and boost credit score
Smart habits build a stronger financial future by improving payment history and boosting credit scores. This guide offers practical steps to manage bills, avoid missed payments, and strengthen your credit profile
Taxpayers filing ITR-1 and ITR-2 must submit their returns by 31 July. Meanwhile, taxpayers filing ITR-3 or ITR-4 who are not subject to tax audit can now file their returns until 31 August, an additional month beyond the traditional deadline.
10 equity mutual funds deliver over 25% returns in 2026, one of them doubled money
Around 10 equity mutual funds delivered returns of over 25% in the first half of 2026, with Nippon India Taiwan Equity Fund more than doubling investors' money. The top performers were largely international and thematic funds, while technology-focused schemes dominated the list of worst-performing equity mutual funds during the period.
Best dynamic bond funds to invest in June 2026
Confused by interest rate shifts? Dynamic bond funds offer a solution, allowing managers to adjust investments based on market outlook. While not foolproof, these funds could shine if the RBI begins rate cuts later this year, potentially rewarding debt mutual fund investors after muted performance. For those investing three to five years without wanting to predict rate movements, dynamic bond funds present an option.
mAadhaar App discontinued: Here's everything to know about the new Aadhaar app
The Unique Identification Authority of India (UIDAI) has announced that the mAadhaar App will be discontinued from today, 30 June. The new Aadhaar App is designed to offer Aadhaar Number Holders (ANHs) a secure and paperless way to access Aadhaar services.
Small Savings Scheme Interest Rates July-September 2026 are expected today, with investors awaiting updates on PPF, SCSS, SSY, NSC and other government-backed schemes.
8th Pay Commission: How family unit formula could boost salaries, expert explains
8th Pay Commission: A higher family unit may increase the minimum basic pay, influence the fitment factor and boost salaries and allowances for central government employees across all pay levels.
Delhi EV policy: Here's a look at the proposed electric vehicle subsidy and purchase incentives for buyers of e-autos, electric trucks, two-wheelers and three-wheelers offered by the state government.
Big relief for EV buyers! Delhi now offers tax waiver on electric cars up to 30 lakh
The Delhi government has approved a new EV policy offering incentives for electric vehicle buyers, including road tax exemptions and subsidies for two-wheelers. Here's which vehicles will benefit from the policy.
The income tax department has identified 15,000-20,000 cases of taxpayers using swapped provisions to reduce taxable income. This involves replacing exemptions to lower tax liability without valid reasons and documents. Details here.
No restriction on buying petrol and diesel from July 1? Here's what changes
The Indian government will lift restrictions on petrol and diesel sales starting July 1, following an improvement in fuel supplies. The move indicates stability in fuel distribution and supply in India, as per the Centre.
Can you gift overseas property tax-free? What returning NRIs and OCIs should know
Can a returning NRI gift overseas property without attracting Indian tax? And should an OCI invest through an NRE or NRO account? Experts answer two common cross-border tax queries.
Gold for liquid cash: Indian households sold 50 tonnes of the yellow metal in the April-June 2026 quarter, amid fears of an imminent price crash, according to a report. Here's all you need to know
Key financial changes will be effective from July 2026. Staying informed can help individuals manage costs and meet compliance requirements. Full list here.
How NRI money could allow Indian banks to lend more to businesses? Axis Bank CEO explains
Indian banks is likely to utilise foreign-currency deposits from the Indian diaspora to replace costly funds in their balance before channeling the money to companies. Here's how it would work.
8th pay commission: Multiple groups, industry watchers, and reports estimate fitment factor could rise up to 3.83. Today we calculate how the conservative and optimistic estimates could each impact your salaries
How rupee movements directly affect your gold ETF returns: Experts explain the impact
For Indian investors, gold ETF returns are driven by global gold prices and currency movements. A weaker rupee can amplify gains, while a stronger rupee can reduce them. However, experts caution against making investment decisions solely on exchange rate expectations.
Edelweiss Greater China Equity Offshore Fund has delivered slightly higher average returns and marginally better risk-adjusted performance, while the Axis Greater China Equity FoF has experienced lower volatility and has a higher Sortino ratio.
Dearness Allowance: What is DA merger and why the issue is in focus now, explained
Dearness Allowance: DA and DR are revised twice annually based on the All-India Consumer Price Index (AICPI) formula as prescribed under the 7th central pay commission. Today, we explain DA merger and why the issue is in focus now.
Closing Indias insurance gap will need more than just policy reforms
With nearly 85% of economic losses left completely uncovered, transforming consumer behaviour mindset is critical.
Investing in global stocks directly? Understand the costs and nominee rules first
Investors in overseas stocks must make note of costs related to forex spreads, brokerage fees and the process of asset transfers to heirs and nominees.
ITR for deceased spouse without a will: Legal heir tax rules and filing responsibilities explained
A spouses death brings emotional and financial challenges, including filing the deceaseds ITR. Understanding the ITR for deceased spouse rules, legal heir responsibilities and succession laws helps families complete tax formalities correctly and avoid unnecessary disputes.
Facing delays in SWP payouts? Expert explains what investors should do
Delays in SWP payouts should be treated as delayed mutual fund redemptions. SEBI requires payouts within three working days, with delayed payments potentially attracting investor interest compensation.
JioBlackRock Mutual Fund launches Prism Hybrid Long-Short Fund, its first SIF
JioBlackRock has launched its Prism Hybrid Long-Short Fund, an innovative interval investment strategy allowing twice-weekly redemptions. This fund aims to generate capital appreciation and income by blending equity, debt, derivatives, and alternative investments. Designed for dynamic markets, it seeks to deliver better risk-adjusted returns with lower volatility, leveraging BlackRock's global expertise and advanced technology. The New Fund Offer is open until July 13.
Top 5 mutual funds with highest 5-year returns: Heres how their strategies differ
Several equity mutual funds have delivered strong returns over the past five years, despite periods of market volatility and uncertainty. Heres a closer look at the top 5 diversified equity funds that have stood out in performance.
Mutual fund returns stuck at 1% in four years? Expert says next phase could matter the most
After earning just 1% returns from mutual fund investments over four years, an investor sought expert advice on whether to alter her portfolio. Harshvardhan Roongta of Roongta Securities said weak returns are a normal part of equity investing, urging investors to stay disciplined, avoid frequent changes, and focus on long-term wealth creation through consistent SIPs.
Debt mutual funds saw 97,000 crore in outflows in May. Here's why experts still recommend them
The May redemptions were largely driven by liquid, overnight, and money market funds, which are often used by institutions for short-term treasury needs. This should not be seen as a structural weakness in debt mutual funds, say market watchers.
How El Nio could affect your finances
A weak monsoon can fuel inflation, pushing up food bills, squeezing discretionary spending and increasing EMI burden.
Boost your retirement income with the right investment choice. Compare SCSS vs SBI Senior Citizen FD vs RBI Floating Rate Savings Bond on returns, interest rates, limits and tax rules to find the best option for your long-term financial goals. Consult a certified financial advisor before investing.
Looking for best NPS equity funds? These schemes delivered up to 14% in 3 years
The National Pension System (NPS) delivered strong returns over the past three years, combining retirement planning with tax benefits. Among fund managers with a three-year track record, Tata Pension Management emerged as the top performer.
Experts are advising mutual fund investors to focus on large-cap, flexi-cap, and multi-asset funds for the latter half of 2026. Following a volatile first half, a cautious yet optimistic approach is recommended, emphasizing diversified equity exposure. While valuations are considered fair, risks like global tensions and oil prices persist. Investors are urged to maintain SIPs and avoid market timing, especially first-time entrants.
Gold and silver prices today, 29 June: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
How to e-Verify your income tax return: Different ways to verify your ITR and step-by-step process
e-Verify is a digital process to authenticate your Income Tax Return after filing. You must e-Verify your ITR within 30 days from the date of filing your return. If not done within the deadline, the IT department may treat your return as invalid.
Best short duration mutual funds to invest in June 2026
Short duration mutual funds offer a balanced investment option for horizons of one to three years, navigating moderate interest rate risks. These schemes invest in a mix of short-term and very short-term instruments like treasury bills and corporate bonds. For June 2026, HDFC Short Term Debt Fund, ICICI Prudential Short Term Fund, and Axis Short Term Fund are highlighted as top performers based on returns, consistency, and risk management.
EPFO portal upgrade 2026 enters final day, EPF claim services expected to resume soon
The final day of the EPFO portal upgrade marks the last phase of the planned system overhaul. The upgrade is set to improve EPF claim processing, boost service efficiency and deliver a faster digital experience for millions of EPF members, with services likely to be restored from tomorrow.
Aarogya Setu 2.0 launch today: How Indias new digital health platform may cut healthcare costs
A smarter healthcare future begins with Aarogya Setu 2.0, bringing digital health records, ABHA integration, insurance support and easier access to medical services. The new platform aims to simplify healthcare access, reduce paperwork and improve patient experiences.
8th Pay Commission: 5 key employee demands take centre stage ahead of crucial July consultations
8th Pay Commission: Five major employee demands move into focus ahead of July consultations. Demands include pension revision, pay parity, maternity benefits and other allowances.
Can a mutual fund SWP pay your home loan EMIs? 15 years of data says think again
Most investors struggle as they watch their portfolio shrink while EMI obligations remain fixed. The temptation to stop the SWP or redeem the corpus becomes overwhelming. This introduces discretionary risk into what is assumed to be a systematic plan. Acting on it at the wrong time permanently locks in the loss. An investors life situation also matters.
From ITR filing to TDS: 6 major tax deadlines in July 2026 that every taxpayer should know
July is crucial for taxpayers due to key compliance deadlines, including income tax return filing. Missing deadlines can result in penalties and late fees. Full list of due dates this month.
