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How to lock and unlock your fingerprints and iris using new Aadhaar App
The Aadhaar biometric lock/unlock feature has gained significant adoption, with residents using it more than 1.91 crore times, according to MeitY. This security feature allows Aadhaar holders to prevent unauthorized biometric authentication using their fingerprints, iris and face data.
The NRI guilt trap: why high salaries abroad don't always create wealth
Many NRIs earn in dollars but struggle to build wealth as family obligations, emotional guilt and social expectations drain savings and delay financial independence.
The coaching race is costing parents lakhs. Here's how to plan
Parents are spending 2-4 lakh on coaching before college admissions. With education inflation at 10-12%, experts warn against dipping into retirement savings or taking on debt.
PIB Fact Check has again debunked a viral WhatsApp message, first flagged in January, claiming the Government is accepting applications for free laptops under the National Student Laptop Scheme 2026. It reiterated that no such scheme exists.
EPFO has introduced automatic PF transfers for eligible members, simplifying the job-switch process. Here are the key things to check before your balance is moved to the new account.
Income-tax returns: Today, we take a look at what taxpayers should do if they receive a notice from the I-T department. Individuals can use this stepwise guide to ensure they are following the proper process.
Gifting to your NRI child? Know the tax treatment of NRE deposits
Gifts from parents to NRI children are tax-free, while interest earned on NRE accounts and deposits is fully exempt from income tax for FEMA non-residents, unlike taxable NRO interest.
EPFO: Here's how to update your KYC information online using the official portal Stepwise guide
EPFO: Aadhaar linking and KYC updating is mandatory to avail several EPF services. Today, we check how EPF subscribers can update their KYC information online for their account using the retirement body's official portal.
Cody Berman, author of 'Retire by 30', used house hacking to achieve financial independence by investing in real estate. By renting part of his home, he reduced his housing costs and generated passive income.
ITR filing 2026: Secondary address field is now mandatory here's how it can help taxpayers
The income tax department has mandated a secondary address field in all ITR forms for AY 2026-27, requiring additional communication details from taxpayers. Here's how it can help taxpayers.
The 8th pay commission: Meetings with employee groups is significant as their suggestions are expected to shape the panel's deliberations on remuneration, allowances, pay and pension structures for the central government workforce.
Dearness Allowance is the component of the basic salary periodically adjusted to counter increased cost-of-living due to inflation. Here's what we know about state governments' discussions on DA hikes. a
Don't miss this tax benefit: How car buyers can claim a minimum 10,000 refund
Car buyers may be eligible for an income tax refund due to 1% TCS collected on vehicle purchases exceeding 10 lakh. This amount can be lower you tax liability or get you a refund if their tax payable is less than the TCS paid. Details here.
TDS Return Filing 2026: Q1 Due on July 31, Check New Forms and Section Codes
Businesses and tax deductors must file Q1 TDS and TCS returns by July 31, 2026 using the new return forms and revised section codes under the Income-tax Act, 2025. Here's what has changed, the new forms to use, and the compliance steps to avoid filing errors.
Can builder's loose papers lead to an income tax notice? ITAT explains the law
A Mumbai ITAT ruling has held that the Income Tax Department cannot tax a property buyer merely because their name appears in a builder's seized cash records. The Revenue must prove an undisclosed cash payment with independent corroborative evidence before invoking Section 69A.
ITR filing 2026: When should a salaried taxpayer file ITR-2 instead of ITR-1?
Taxpayers must file accurate income tax returns using the correct ITR form to avoid being flagged for defects. The e-filing portal aids in selection. Here's when a salaried taxpayer needs to file ITR-2 instead of ITR-1.
AMFI's Mutual Funds Sahi Hai shares a list of dos and don'ts for investors to avoid online frauds
AMFIs investor education initiative Mutual Funds Sahi Hai advised investors not to share sensitive information such as OTPs, passwords, and investment details with unauthorised distributors.
On average, active equity mutual funds have generated higher annualised returns while limiting losses better than their benchmark indices. An average active small-cap fund posted the strongest outperformance among the funds have been live since 2013.
A Pune woman shared monthly expenses of family of 3 living in Baner with two earning members. From 31,000 rent to 16,000 for nanny, let's have a look at the full list of expenditures.
ITR Filing AY 2026-27: Don't miss any bank account while filing your tax return. Here's why
The ITR forms for AY 2026-27 require taxpayers to disclose all Indian bank accounts held during FY 2025-26, except officially dormant accounts. Accurate bank details are also essential for timely income tax refunds.
Looking to invest in debt funds for a 1-3 year horizon? Expert shares 4 categories you can consider
For a 1-3 year investment horizon, short-duration, dynamic bond, corporate bond, and banking & PSU funds are among the best debt fund categories you can consider. Unlike others, credit risk funds invest in lower-rated bonds, making them riskier.
Know Your Fund Manager | Satish Donadapati, Fund Manager, ETF, Kotak AMC
In this edition of Know Your Fund Manager, Satish Donadapati, Fund Manager ETF at Kotak AMC, shares his journey from an Army upbringing to managing passive funds. He discusses his career path, transition into portfolio management, and current responsibility of overseeing 19 ETFs and 23 Index Funds with a combined AUM of Rs 20,440 crore, while highlighting his investing philosophy.
RBL Bank among 5 smallcap stocks bought by mutual funds in June. Check details
Mutual funds bought select small-cap stocks in June, with Acme Solar Holdings, Craftsman Automation, Pine Labs, Sterlite Technologies and RBL Bank among the top picks, according to Dolat Capital.
Government may roll out flexible pension scheme for all workers under EPFO 3.0 reforms: Report
The proposed contributory pension scheme could cover formal, unorganised, gig and higher-wage workers, with flexible withdrawals and a Target Retirement Sum approach.
ICICI Prudential AMC among top 5 midcap stocks with highest MF selling in June
Patanjali Foods, ICICI Prudential AMC, IREDA, NMDC and Oil India saw the highest net selling by mutual funds among midcap stocks in June, according to a Motilal Oswal Financial Services report.
Retirement planning: Why the rule of 1% upgrade works better than a 1% increase in SIP amount
The rule of 1% upgrade encourages investors to increase the share of their income invested by one percentage point every year. A small annual increase in the share of income invested can significantly boost long-term retirement savings.
Mutual Fund NFOs: 5 new funds open for subscription this week. Check dates, details
EPF Scheme 2026: Why you must keep 25% of your PF balance before retirement
The new EPF Scheme introduces a 25% minimum balance requirement for partial withdrawals. Here's what the rule means, how eligible member balance is calculated, and when you can withdraw your full PF corpus.
SBI Mutual Fund among 6 AMCs with over Rs 7,000 crore AUM jump in June. Check details
Six AMCs saw their AUM rise by over Rs 7,000 crore in June, according to ACE MF data. SBI Mutual Fund led the pack with an increase of Rs 14,192 crore, followed by Aditya Birla Sun Life, HDFC, Invesco, Nippon India and HSBC Mutual Fund.
Mutual funds made a complete exit from 25 stocks in June. Check top 5
Mutual funds completely exited nearly 25 stocks in June, according to Prime Database. Rossell Techsys saw the largest sell-off at Rs 94.34 crore, followed by Wim Plast, Paramount Communications, GOCL Corporation and Veranda Learning Solutions.
The Pune ITAT has ruled that capital gains computed using the higher stamp duty value under Section 50C do not automatically deny Section 54 exemption. The tax benefit, however, is available only if the taxpayer satisfies all conditions for claiming the exemption.
An analysis by CoverSure showed that besides under-penetration of health insurance, another growing problem for many policyholders is that coverage exists but as many as 63% are unable to switch plans.
Monsoon Home Insurance: Focus on fine print, cheap premiums could cost you dearly
There are many exclusions in your home insurance policy, and the policyholder must carefully review them to avoid being caught off guard at the worst possible moment.
An ITAT ruling reinforces that salaried employees cannot be asked to pay tax twice if their employer deducts TDS but fails to deposit it. The decision strengthens taxpayer protection and serves as a timely reminder to verify TDS records before filing income tax returns.
Atal Pension Yojana: Today we answer the most frequently asked questions about eligibility criteria, requirements, documents needed, payout amount and other top FAQs about the government-run pension scheme
A viral SIP myth is fooling investors. Here's why
A viral post claims SIPs delivered just 6.7% over two decades. But the calculation is flawedand the flat market it cites is precisely when SIPs quietly do their best work.
Bank holidays this week: SBI, HDFC, ICICI, PNB to remain closed for upto 3 days RBI calendar here
Bank holidays this week: Banks in India will be closed for upto three days this week, but digital platforms like UPI and banking apps will remain operational. Customers should note that in-branch services are suspended on Sundays and specific regional holidays.
PFRDA Chairman S Ramann outlined an AI roadmap to redesign the National Pension Scheme's onboarding process. He also encouraged responsible AI use for a pension advisory platform powered by the technology.
ITR filing 2026: FD interest is taxable here's how to report it correctly
FD interest income is fully taxable but tax implications may vary based on the chosen tax regime and taxpayer age. Some deductions may also be available, based on your age and income profile. Here's all you need to know.
Income-tax returns: Check penalty for missing deadline for filing ITR Key things to know
ITR: Taxpayers must file their income-tax returns for FY26 / AY27 by 31 August this year, extended from 30 June. Here's how much penalty you can be charged and deadline for delayed ITR filing during the tax year.
Berkshire Hathaway now allocates nearly 30% of its $351 billion portfolio to Apple and Alphabet, reflecting a shift in Warren Buffett's investment strategy.
EPFO: Here's how to link your Aadhaar with UAN using the Umang app Stepwise guide
EPFO: Aadhaar linking is mandatory for several EPF services. Today, we check how EPF subscribers can link Aadhaar with their Universal Account Number (UAN) using the government's Umang mobile app.
Salary arrears and lump-sum payments can increase tax liability. Taxpayers must file Form 10E before their ITR to claim relief under Section 89 of the Income-tax Act. Here's what you need to know.
8th pay commission: Basic pay, allowances components of salary structure in focus; Here's why
Around 50 lakh central government employees and about 65 lakh retired central government pensioners, including defence personnel and retirees, will benefit from the recommendations across 18 employee levels.
About 1 crore beneficiaries close to 50 lakh central government employees and nearly 65 lakh retired central government pensioners, including defence personnel and retirees will benefit from an increase in DA and DR.
Even with a zero tax liability due to the Section 87A rebate, filing an income tax return (ITR) may be necessary. Your obligation to file depends on your total income and the tax regime you choose.
HDFC Bank, RIL, and Eternal among top 10 stock holdings of HDFC Mutual Fund in June
HDFC Mutual Fund held top positions in ICICI Bank, HDFC Bank, Axis Bank, RIL and Eternal in June. Check the fund houses top 10 stock holdings and portfolio changes.
A portfolio invested entirely in equities typically suffers the deepest drawdowns, whereas adding debt investments can substantially reduce losses during market corrections.
AMFI's latest market-cap review has reshuffled several stocks across the large, mid and small-cap categories. While companies such as BSE, BHEL and Vodafone Idea moved up, others including Hero MotoCorp and Dr. Reddy's Laboratories slipped to lower categories based on average market capitalisation.
Lenskart and Meesho among 5 midcap stocks bought by mutual funds in June
Mutual funds bought five midcap stocks, including Lenskart, Meesho, JSW Infrastructure, NHPC and Ajanta Pharma, in June. These stocks witnessed net purchases worth over Rs 10,000 crore during the month.
7 mutual funds reduced allocation in 21 smallcap stocks in June. Check details
Seven mutual funds, including SBI, HDFC, Kotak and Quant Mutual Fund, trimmed holdings in 21 small-cap stocks in June. Check the complete list of stocks where fund houses reduced exposure.
The move is intended to address operational challenges frequently faced by families during the transmission process while ensuring a smoother and more uniform experience across mutual fund houses.
Axis Greater China Equity FoF among 8 equity mutual funds that saw over Rs 220 crore outflow in June
Eight equity mutual funds, including Axis Greater China Equity FoF, Motilal Oswal Nasdaq 100 FOF and ICICI Pru Technology Fund, witnessed outflows exceeding Rs 220 crore in June
Are you 35 or older? Here's why life insurance deserves a place in your financial portfolio
After age 35, financial responsibilities typically increase, making a balanced portfolio more important. Experts recommend combining life insurance with equity investments, mutual funds & SIPs to build long-term wealth, protect family finances, manage liabilities & boost overall financial security.
Samir Arora-backed Helios Mid Cap Fund adds Groww, 4 more stocks; hikes stake in Paytm and 29 others
Samir Arora-backed Helios Mid Cap Fund added Groww parent Billionbrains Garage Ventures and four other stocks to its June portfolio, while raising exposure to Paytm and 29 other companies. The fund exited five stocks, trimmed its stake in Black Box and retained holdings in 32 stocks unchanged.
Crypto in your portfolio? Experts share key disclosures and compliance tips for ITR filing
From selecting the correct ITR form to maintaining transaction records across exchanges and wallets, investors with crypto holdings need to pay close attention to disclosures to avoid notices and ensure smooth tax filing.
The 10-10-10 SIP rule: A simple formula for long-term wealth creation
The 10-10-10 SIP rule helps investors build long-term wealth by investing for 10 years, assuming 10% annual returns and increasing SIP contributions by 10% each year. Learn how step-up SIPs can create a larger corpus through disciplined investing and compounding.
Sebi clears standing instructions for SWP, STP in demat-held MFs
Sebi now permits demat mutual fund investors to set up standing instructions for systematic plans. This facility, previously for statement of account holders, will be phased in. Unit-based SWPs and STPs will be covered by January 2027. Amount-based plans will follow by April 2027. Amfi also simplified mutual fund unit transmission procedures after a unit holder's death.
Bank holiday today? Check if SBI, HDFC, ICICI are open or closed on 18 July RBI calendar here
Most public and private banks across India will remain open today, on Saturday, 18 July. According to the Reserve Bank of India (RBI)'s holiday calendar, bank operations will continue as normal since it is the third Saturday of the month
Income-tax returns: Top 10 things first time taxpayers must keep in mind while filing ITR
Income-tax returns: Attention first time taxpayers! From required documents, to which forms to fill, and the deadline date here are the top 10 important things to keep in mind while filing your ITR.
EPF Withdrawal Rules: Pulling out your PF money? Heres when its taxable and how to keep it tax-free
Understanding these rules is essential, particularly if you are switching jobs, dealing with a financial emergency or planning to access your retirement savings before retirement.
The EPFO has discontinued UAN activation and new generation through the portal and shifted both services to the Umang app with Aadhaar-based Face Authentication (FAT) requirement. Here's how first-time users can complete activation
8th Pay Commission ToR outlines salary, DA, pension and allowance changes: Check full list
8th Pay Commission: The official terms of reference (ToR) outline what central government employees and pensioners can expect from the 8th CPC's recommendations. From DA hike to revised salary structure, pension, allowances and other benefits Check full list of likely announcements here.
The DoE reiterated that if an employee's monthly NPS contribution is credited past the established deadline, interest must be paid to the subscriber for the duration of the delay. This compensatory interest will match the prevailing PPF interest rate, which currently stands at 7.1%
Probate of a Will in India confirms its validity and gives legal authority to the executor. Check and understand the process, documents required, court procedure, recent changes, and when probate can help prevent inheritance disputes.
Fresh SIP options in international mutual funds have narrowed sharply, with only Baroda BNP Paribas Aqua FoF accepting new investments after multiple fund houses halted inflows due to SEBIs overseas investment limits. Investors are exploring LRS, GIFT City and global ETFs as alternatives.
DA hike: If not July, when could the next Dearness Allowance increase come this year?
Dearness Allowance: Even if no DA hike is announced this month in July 2026, central government employees and pensioners could still see a second increase sometime in the second half of the year during the festive season.
AMFI simplifies mutual fund transmission process to make claim settlement easier for nominees
AMFI has simplified mutual fund transmission procedures for deceased unit holders. New measures consider address and name mismatches for smoother claims. Asset Management Companies will now rely on updated address details supported by documentation. A harmonized framework for name and signature discrepancies is also introduced. These updated guidelines are effective immediately for all member AMCs.
SBI, ICICI Prudential among 6 mutual funds to add 13 new smallcap stocks in June
Can a 2,000 monthly SIP really make you a crorepati? Lets do the maths
Investing just 2,000 every monthan amount many people spend on leisure activities or eating outcan potentially grow into a corpus of more than 1 crore.
The best-performing flexi cap fund returned 9.91% over the past year, while only five schemes crossed the 8% mark. Experts say the muted performance reflects market conditions, not poor fund management.
ICICI Prudential Flexicap Fund turns Rs 10,000 monthly SIP into nearly Rs 9 lakh in 5 years
ICICI Prudential Flexicap Fund turned a Rs 10,000 monthly SIP into Rs 8.47 lakh over five years ending June 30, 2026, delivering an XIRR of 13.83% on a total investment of Rs 6 lakh. During the same period, the BSE 500 TRI generated an XIRR of 10.43%. The fund also reported strong three-year and one-year SIP returns.
EPF Scheme 2026: New rules for exempted PF trusts, what employees must know
The Employees' Provident Funds Scheme, 2026 introduces an interest rate ceiling, mandatory digital compliance and stricter governance norms for exempted PF trusts run by eligible employers. Here's what the new rules mean for employees.
Hospitalized? 10 essential steps for hassle-free health insurance claim settlement
Health insurance claims can become stressful during emergencies. These 10 practical steps, from hospital admission to discharge, ensure faster cashless claim settlement, avoid delays, manage documents properly and reduce financial pressure, especially during emergencies.
PF after retirement: When does your EPF balance stop earning interest? EPFO rules explained
Retirement does not automatically stop interest on your EPF balance. Here's how long your provident fund continues to earn interest under the EPF Scheme, 2026, based on your retirement age.
Gold and silver prices today, 17 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.
The 8th Pay Commission is likely to revise salaries and allowances for nearly 1.1 crore central government employees and pensioners. While the fitment factor is yet to be finalised, estimates indicate how HRA for Level 14-16 employees could increase under different fitment scenarios.
Government may bring back UPI MDR for large merchants: Who could be affected?
The Centre is considering reintroducing a merchant discount rate (MDR) on select UPI transactions. If approved, the levy is expected to apply only to large merchants and higher-value payments, while small businesses and consumers are likely to remain unaffected.
Senior citizen FD rates: These banks offer up to 8.5% interest despite recent rate cuts
For senior citizens, even a marginal difference in interest rates can translate into substantially higher earnings over time, particularly on large deposits. Comparing FD rates across banks before investing can help maximise interest income without increasing investment risk.
Attention parents! Want to start a public provident fund account for your child? We calculate the minimum amount you would need to invest in their PPF per month in order to successfully set them up for crorepati status in the long run.
Filing ITR alone is not enough, you have to e-verify your return within 30 days so that it does not become invalid and to ensure a smooth refund process from the tax department. Check here for the step-by-step taxpayers' guide
8th pay commission: We take a look at the likely revision in house rent allowance (HRA) for central government employees across levels 6 to 10 in X, Y and Z category cities based on various fitment factor suggestions.
The debt-free trap: Why shunning all forms of credit can actually stunt your financial growth
Before you vow to never borrow another rupee, here is a realistic look at how to make debt work for younot against you.
Ex-Microsoft employee walked away from 1.9 crore salary, shares challenges of starting over
Christian Harms, a former Microsoft employee, has opened up about leaving a corporate job that paid $200,000 (approximately 1.9 crore) a year in Switzerland to start over in Australia.
Dearness Allowance: Increase in basic salary component, 3-4% hike expected Why is DA important?
Dearness Allowance (DA) is a percentage of salary for central government employees and pensioners to offset inflation. Updated bi-annually, it rose from 58% to 60% in January 2026, benefiting 50 lakh employees and 65 lakh pensioners. Future hikes depend on AICPI data and government approval.
Can 50 lakh grow into 5 crore through mutual funds? Here's what a 15-year investment could deliver
Meeting such a high-value financial goal requires careful planning, patience and the right investment strategy.
Shriram AMC announces Refreshed Fund Opportunity for its three hybrid funds
Shriram AMC has refreshed the investment framework of three hybrid funds, introducing a research-driven, dynamic asset allocation strategy across equity, debt, gold and silver. The move aims to improve diversification, manage risk and support long-term wealth creation across market cycles.
ITR filing 2026: Beyond Form 16 avoid these costly income tax compliance mistakes
Salaried workers who have switched employers, selected a suboptimal tax regime, claimed unsupported deductions, or omitted capital gains face heightened financial risks.
10,000 SIP to 30 lakh: These large & midcap mutual funds led 10-year returns
A 10,000 monthly SIP would have grown to over 30 lakh in these four large & midcap funds. Check the top-performing schemes and how they stack up over shorter investment horizons.
Foreign assets are coming soon in AIS: Compliance is about to become harder to ignore
Information on foreign assets will increasingly show up in taxpayers' AIS, but the absence of an asset from the statement does not erase the legal obligation to disclose it.
