Here's how to navigate complex TDS rules for online ads, software subscriptions and e-commerce sales
Big marketplaces such as Facebook and Google do not allow tax to be deducted from payments made to them, so businesses are left with no option but to deposit the TDS out of pocket and get it reimbursed later. The process can be a nightmare, but we've simplified it for you.
Top 4 childrens mutual funds that delivered over 20 per cent annual return. Check list
Best mutual funds: Children's funds are solution oriented funds which have a lock-in for at least five years or till the child attains age of majority whichever is earlier
8 extinct animals we wish could come back
From the gentle Dodo to the mighty Mammoth, these lost creatures still fascinate seven after thousands of years of their extinction. Heres a look at 8 extinct animals we wish still roamed Earth.
Equity vs debt: Whats the best asset allocation strategy in bull and bear markets?
Effective asset allocation requires continuous management, balancing equity, debt, and gold while understanding market cycles. Diversifying across these asset classes minimizes risks and enhances returns, especially when considering individual risk profiles.
Jash Engineering and GE Power among 11 stocks from which MFs made complete exit in May
In May, mutual funds executed a complete sell-off, exiting 11 stocks across various sectors. Significant sales included Sandur Manganese & Iron Ores in the energy sector, Avantel in the industrial sector, and IG Petrochemicals in the commodity sector. These portfolio adjustments, driven by active management, reflect strategic shifts in investment holdings across diverse industries.
HDFC Bank Infinia Credit Card: 6 reward points redemption options you shouldnt miss
HDFC Bank allows Infinia cardholders to redeem points on SmartBuy for flights and hotels, valued at Rs. 1 each. Points can also be transferred to partners or redeemed for gift vouchers and merchandise, with varying redemption values.
NFO Alert: Mirae Asset Mutual Fund launches Nifty India Internet ETF
Mirae Asset Mutual Fund has launched the Mirae Asset Nifty India Internet ETF, an open-ended scheme tracking the Nifty India Internet Total Return Index. The NFO opens on June 18 and closes on June 25, with continuous trading resuming on July 2. Thematic in nature, the ETF provides exposure to Indias expanding internet-driven business ecosystem through a diversified portfolio.
ITR 2025: From choosing tax regime to cross referencing information through 26AS, salaried taxpayers must be aware of the points described here
10 equity mutual funds witness double-digit outflow in AUM in May
Around 10 equity mutual funds, including DSP Quant and Kotak Quant, reported double-digit monthly AUM outflows in May 2025. Arbitrage funds from HSBC, LIC, and Union also witnessed sizable redemptions, reflecting cautious investor sentiment amid market volatility.
KYC fraud explained: What it is and how to stay safe from scams
KYC fraud is a rising cyber threat targeting banking customers through fake links and apps. This guide explains common tactics, warning signs, and safety tips to avoid financial scams.
What triggers the credit hunger flag on your credit report and how to avoid it
Frequent hard credit enquiries can trigger a 'credit hunger' flag on your report, affecting your score and approval chances. Responsible credit behaviour helps maintain a healthy financial profile.
Mirae Asset Mutual Fund: ITC and HDFC Bank among top 10 stock holdings in May
For more such web stories click on the ET icon below
Stocks to Buy | Bottom-Up Alpha: Samir Arora on finding growth in a sideways market
Crude oil prices rose due to West Asia tensions. Samir Arora suggests a wait-and-watch approach. He is bullish on equities, noting capital reallocation from the US. Indian market looks constructive with cooling inflation. Arora sees 5-10% upside potential. He finds China an attractive investment, increasing exposure. Bottom-up investing is key, focusing on companies with high earnings growth.
7 smart ways to manage personal loan repayments without stress
To manage personal loans effectively, track repayments using online tools, set aside EMIs first, and automate payments. Windfalls can be used for partial payments to reduce interest. Always borrow responsibly and monitor credit reports for financial health and potential fraud.
7 mutual funds reduced their stake in 17 midcap stocks in May
AlphaGrep receives Sebis in-principle approval to sponsor mutual fund
AlphaGrep Securities, a leading quantitative investment firm specializing in systematic strategies, has announced that it has received the in-principle approval from SEBI to sponsor a mutual fund.
Love movies? THESE are the 5 popular credit cards for movie aficionados in India
We list out some of the popular credit cards which offer discounts on movie tickets and/or subscription to OTT platforms
From low annual fee to reward points credit card should tick these boxes
It is vital that a credit card applicant checks the credit card for certain key characteristics which include low annual fee, reasonable interest rate and a responsive customer service
Is taking a personal loan for home renovation a good idea? An explainer
Spending money borrowed via personal loan on renovating a house can be seen as an investment so long as one does not it for vanity. It is also pertinent to make sure you borrow loan at a low rate of interest
HDFC Flexi Cap Fund exits IndusInd Bank and HAL, adds Swiggy in May
HDFC Flexi Cap Fund exited IndusInd Bank, Hindustan Aeronautics, and Indigo Paints completely in May, selling over 43 lakh shares combined. At the same time, the fund added 80 lakh shares of Swiggy to its portfolio. The reshuffle reflects a strategic reallocation by Indias second-largest flexi cap fund by AUM during the month.
How much debt is too much? India's EMI addiction gets too tempting to curb
The rapid growth of digital lending market presents both opportunities and challenges. While it provides easy access to credit, borrowers must navigate hidden costs and potential debt traps, emphasizing the need for responsible lending and financial literacy.
Are you searching for best mutual funds to invest via SIPs in June? A help for moderate investors
6 IPOs set to open this week. Check latest GMP trends
The primary market is set for a busy week with six IPOs launching, including one mainboard and five SME offerings. Arisinfra Solutions' mainboard IPO opens June 18, while Patil Automation and Samay Projects Services SME IPOs begin June 16. Eppeltone Engineers shows the highest GMP, and Influx Healthtech and Mayasheel Ventures are also launching.
The silent killer in your portfolio: Why one stock could wreck it all
In the chase for high returns, investors are loading up on a few hot stocks. But this concentration can expose portfolios to deep, sudden lossesoften without warning.
Nifty stuck in narrow range. Here's the mutual fund move you need to make now
With markets volatile and Nifty 50 trading in a narrow range, experts advise continuing SIPs, avoiding market timing, and sticking to asset allocation. Debt funds offer stability, while gold and international funds aid diversification. New investors can opt for SIPs or STPs to manage risk and capture market opportunities.
Oil stocks in focus as escalating Israel-Iran conflict fuels supply disruption fears
Oil companies' share prices are expected to be in focus as crude prices surged amid escalating tensions between Israel and Iran. Fears of supply disruption through the Strait of Hormuz have intensified, with Brent and WTI crude gaining sharply. Analysts warn that prolonged conflict could significantly impact global oil flows and energy markets.
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Sees Positive Weekly Returns
Positive Breakout: These 10 stocks cross above their 200 DMAs
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Adani Ports shares in focus as CFO denies damage to Haifa Port in Iranian missile strike
Adani Ports share price: Adani Ports denied any damage to its Haifa Port in Israel following Iranian missile strikes. CFO Jugeshinder Singh clarified that operations remain unaffected. While financial exposure is limited, Haifas strategic importance heightens sensitivity amid escalating Israel-Iran tensions and concerns over regional instability.
We have collated a list of recommendations from top brokerage firms from ETNow and other sources.
MFs accumulate capital goods, rate-cut beneficiaries in May
In May, despite reduced equity mutual fund inflows due to profit booking, fund managers adjusted portfolios, favoring large-cap companies. They capitalized on corrections in the capital goods sector, acquiring stocks like GE Vernova and BHEL, anticipating power sector growth.
What are the tax rules for my childrens Indian bank interest if they live abroad?
NRI children must report Indian interest income in their resident countries, but tax relief is available under DTAA to avoid double taxation. Here's how the rules apply across borders.
Indians must adapt FIRE to indigenous needs
FIRE is not a one-size-fits-all approach, especially in India, where cultural attitudes about money are deeply entrenched in familial obligations, social expectations and economic disparities.
10 midcap stocks with more than 20 buy calls: Analysts see up to 25% upside
How real estate helps Vijay Kedia invest in stocks
Vijay Kedia, the founder of Kedia Securities, shares how he distributes his investments in different asset classes other than equities, and why he is bullish on the tourism sector.
Equity mutual funds lose up to 3% in last week. Check top losers
BAT may begin phased stake sale in ITC Hotels: Sources
British American Tobacco is preparing to sell its 14.55% stake in ITC Hotels following the demerger from ITC Limited, which took effect on January 1, 2025. BAT aims to deleverage its balance sheet with the proceeds, similar to its earlier stake sale in ITC Limited.
3 passive mutual NFOs from Mirae Asset Mutual Fund will open for subscription this week
For more such web stories click on the ET icon below
Building a legacy: Financial planning tips for fathers of all ages
This Fathers Day, it is worth reflecting on one of the most enduring responsibilities fathers carry: ensuring the financial well-being of their families.
Raamdeo Agrawal predicts 3 lakh Sensex target, multibagger strategy and 4 investment themes
Fathers Day 2025: How to ensure financial security for your father
As Fathers Day is celebrated today, its the perfect occasion to move beyond traditional gifts and give your dad something truly meaningfulfinancial security.
Should you invest in mutual funds to create corpus for your childs higher education?
Wealth advisors suggest investors to keep exposure to equity mutual funds as high as 70 percent if the time horizon is longer than 7 years
Top 10 equity mutual funds by AUM. Parag Parikh Flexi Cap Fund ranks first
Here are the top 10 funds based on assets managed.
Explained: What all Gen-Z should know about mutual funds
Gen-Z can smartly manage money by investing in mutual funds. These funds pool money from many investors. Professional managers invest in stocks and bonds. Systematic Investment Plans allow small investments. Mutual funds offer diversification and liquidity. Different types cater to various risk profiles. Starting early and staying consistent is key. Consider expense ratios and exit loads.
9 equity mutual funds receive over Rs 2,500 crore inflows in May
SBI Mutual Fund: ITC and Infosys among top 10 stock holdings in May
8th Pay Commission for central government employees: The 7th Pay Commission, which was announced in February 2014, came into effect almost two years later in January 2016. However, the 8th Pay Commission has not yet been formed as of mid-2025. Will this lead to a delay in salary hikes?
Where are mutual funds investing? A sectoral dive into May data
For more such web stories click on the ET icon below
Air India plane crash: LIC, Bajaj Allianz simplify norms for claim settlement process for victims
The Life Insurance Corporation of India on Friday expressed its condolences for the victims of the plane crash as well as people on the ground who lost their lives due to it.
Income Tax: Advance tax first instalment is due by June 15. Check if you are liable to pay
Income tax: For financial year 2025-26, last date to pay advance tax is June 15. Salaried professionals, freelancers and business owners with tax liability of over 10,000 are meant to pay this
6 mutual fund houses had over Rs 10,000 crore cash in their portfolio in May
What is a pre-approved credit card and how can you get one instantly?
A pre-approved credit card is offered without applying for it. The approval chances are higher, documentation is low, and processing is faster. However, there is no guarantee of approval.
Personal loan EMI missed? THESE 5 consequences could cost you big
Missing a personal loan EMI can lead to penalties, credit score drops, NPA tagging, and legal action, ultimately damaging future loan eligibility and increasing long-term borrowing costs.
The latest rules suggest that the bank will make available the facility of updation of KYC for activation of inoperative accounts and unclaimed accounts at all branches including non-home branches.
Canara Bank cuts RLLR to 8.25%, making loans cheaper from June 12
Canara Bank has cut its RLLR to 8.25% from June 12, reducing home and vehicle loan rates, aiming to boost credit demand and enhance borrower affordability.
HDFC Bank and RIL among 8 stocks owned by over 500 mutual funds in May
ICICI Bank, HDFC Bank, Infosys, Airtel, RIL, SBI, Axis Bank, and L&T emerged as mutual funds' top picks in May, each held by over 500 fund schemes.
Indian stock market outperforms global market indices: Bandhan Mutual Fund
India emerged as the top-performing market globally in the three months ending May 2025, delivering a robust 16% return. In comparison, emerging markets gained 5%, while world and developed market indices saw modest gains of just 2% during the same period, according to the latest Bandhan Mutual Fund Monthly Market Outlook.
Franklin India Money Market Fund turns Rs 10,000 SIP to Rs 70 lakh in 23 years
Franklin India Money Market Fund has turned a Rs 10,000 monthly SIP into Rs 70 lakh over 23 years, achieving Rs 3,400 crore in AUM. Offering low risk, high liquidity, and steady returns, it outperformed benchmarks and remains a strong short-term investment option amid a soft interest rate environment.
SBI credit card blocked? Heres how to reactivate it quickly
Check out the key reasons why SBI credit cards get blocked and provides step-by-step solutions including SMS, online, and offline methodsto quickly unblock and reactivate them.
Ballerina: John Wicks world isnt just bulletsIts packed with money lessons too
Ballerina: Eve Maccaro, trained in ballet as an assassin, seeks vengeance for her father's death. The film parallels her journey with investment strategies, highlighting the need for adaptability and technique, akin to a dancer adjusting movements during a performance.
5 things you wrongly believe impact your credit score
Many borrowers in the country still believe income, debit card use, or marital status affect credit scores. This article clears five common myths and explains what truly impacts your creditworthiness.
HDFC Defence Fund adds Bharat Forge and Bharat Dynamics in its portfolio in May
HDFC Defence Fund strategically adjusted its portfolio in May, adding Bharat Forge and Bharat Dynamics while increasing its stake in Solar Industries India. Simultaneously, the fund reduced exposure in Bharat Electronics, Larsen & Toubro, Hindustan Aeronautics, and Adani Energy Solutions. Despite these changes, investments in 17 stocks remained consistent, with the fund managing an AUM of 6,664.
Baroda BNP Paribas Mutual Fund has launched the Baroda BNP Paribas Health and Wellness Fund, an open-ended equity scheme open for subscription until June 23. The fund targets companies in the growing healthcare and wellness space, aiming to capitalise on long-term structural trends. CEO Suresh Soni sees this sector as a multi-decadal investment opportunity driven by rising life expectancy and healthcare demand.
Applying for a personal loan? Dont make these 6 common mistakes
Personal loan: It is incumbent upon you to be extra careful at the time of taking a loan. There is a checklist of dos and donts which you must follow at the time of taking a loan.
THESE 6 credit cards are a good bet for shoppers, check list here
We list out half a dozen popular credit cards that offer steep discounts, cashbacks and offer offers to online shoppers
Why that fund of funds may turn out to be costlier than you think
Investing in fund of funds can be tricky, especially when it comes to understanding true expense ratios. We explain how different fund houses report costs and the implications for investors.
Best value funds to invest in June 2025
When you are following value investing principles, there may be periods when your stocks would underperform in the market. All you need to do at that time is just to stick to your strategy and wait patiently. However, the last few years taught investors that it is not easy to follow. Many investors lost patience and they sold their investments.
ITR 2025: These rules govern the switching of income tax regime from new to old
Salaried taxpayers can switch to the old tax regime if they believe that this would lead to higher tax savings even if they filed the tax return under the old tax regime
Mirae Asset Mutual Fund has launched two NFOs: a dynamic fund of funds blending arbitrage and debt strategies, and a passively managed debt index fund tracking AAA-rated financial services with 912-month maturity. Both target low-risk, tax-efficient returns, catering to evolving market and liquidity conditions with minimum investments starting at Rs 5,000.
How much gold and silver should investors hold in their portfolios?
Gold and silver prices are rising, prompting retail interest. Experts suggest 1015% portfolio allocation via mutual funds or ETFs for low-cost exposure, without storage issues. Gold outperformed silver over one- and three-year periods.
Most banks have cut their interest rates on fixed deposits (FDs) after Reserve Bank of India (RBI) resorted to third repo rate cut in a row on June 6.
5 golden personal finance rules to simplify your financial planning
Check out five timeless personal finance rules that help simplify budgeting, investing, and debt management, offering practical guidance for building wealth, staying inflation-aware, and achieving long-term financial stability.
JioBlackRock Mutual Fund files draft documents with Sebi to launch its first 2 debt schemes
JioBlackRock Mutual Fund has filed draft papers with SEBI to launch two debt schemesa liquid fund and a money market fund. The JioBlackRock Liquid Fund aims to offer regular income through investments in money market and debt instruments with maturities up to 91 days. It is designed for short-term investors seeking low-risk, income-generating opportunities.
Monthly mutual fund SIP of 10K in this scheme would have grown to 50 lakh in 12 years
Mutual funds: If someone were investing 10,000 a month in Parag Parikh Flexi Cap Fund since inception in 2013, the total investment would have jumped to 50 lakh in a dozen odd years, thus giving an annualised return of 19.16 percent
1-crore health cover is fast becoming a necessity. But how to buy one?
A 1-crore cover is within reach for anyone with a disposable income of 1 lakh or more. Here are some ways that can help keep premiums low.
NIIT, Sundrop Brands among top 6 unique stocks held by mutual funds in May
In May 2025, six unique stockseach held by only one mutual fund househad market values above 100 crore. These include Sundaram Finance Holdings, NIIT, Sundrop Brands, and TVS Srichakra, with exclusive bets by major fund houses.
ITC and HCL Technologies among stocks that Parag Parikh Flexi Cap Fund bought and sold in May
SIP accounts hit record high of 8.56 crore in May; mutual fund AUM crosses Rs 72 Lakh crore: AMFI
SIP contributions reached an all-time high of Rs 26,688 crore in May, with SIP accounts rising to 8.56 crore, AMFI data shows. Mutual fund AUM surged past Rs 72 lakh crore for the first time, driven by equity inflows, strong retail participation, and continued interest in flexi-cap and passive funds.
I let ChatGPT manage my money for 30 days and the results shocked me
By using ChatGPT for personal finance, a user improved budgeting, saved 12,500, and reduced food delivery costs by 60%. The AI acted like a non-judgmental financial guide, promoting better spending habits and financial awareness.
Mutual funds reduces overall cash allocation by Rs 6,200 crore to Rs 2.17 lakh crore in May
Mutual funds have reduced their overall cash allocation by Rs 6,240 crore on a monthly basis to Rs 2.17 lakh crore in May. The cash allocation reported in April was Rs 2.23 lakh crore.
RBI cuts repo rate by 50 bps: How your home loan EMIs will be affected instantly
RLLR-based home loans provide faster EMI adjustments following RBI rate cuts compared to MCLR loans. Borrowers can switch their loans for potential savings, especially over long tenures, but should be cautious of the associated interest rate risks and fluctuating EMIs.
Top 7 HDFC Bank credit card categories you should know before applying
HDFC Bank offers a diverse range of credit cards tailored to various customer preferences, including cashback, travel benefits, and lifestyle perks.
HDFC credit card activation via ATM: What you need, steps, and key tips
Activate your HDFC Bank credit card easily at an ATM with this step-by-step guide, covering OTP verification, PIN generation, and essential tips for smooth offline card activation.
RBI cut interest rates: How will it impact personal loan interest rates?
The RBI MPC has cut the repo rate by 0.50% in the June Monetary Policy and by an overall 1.00% since February 2025. A lower repo rate translates into lower interest rates on personal loans and other loans.
Personal loan vs line of credit: Which borrowing option is right for you?
Personal loans provide a lump sum with fixed repayment terms, while lines of credit offer flexible borrowing with interest charged only on the amount used. Consider your financial goals and comfort with repayment when choosing between the two options.
Why youre still denied a loan despite an 800+ credit score 5 hidden reasons
Despite having an excellent credit score, loan applications can still be rejected due to factors such as unstable income, high debt, or multiple enquiries, highlighting the importance of holistic financial health.
Lumpsum vs SIP: Is caution killing the case for lumpsum?
Mutual fund SIP inflows hit record highs in May amid market rally. Investors are cautious about lumpsum investments due to geopolitical tensions and slowdown fears. Vishal Dhawan suggests hybrid equity funds for lumpsum investments. Equity mutual fund inflows dropped, while hybrid funds saw increased interest. Overall mutual fund inflows decreased, but total assets under management grew.
Travel now, regret later? Why personal loans for vacations are risky
It is not uncommon to borrow loan for personal emergency, however, it is not recommended to take loan for discretionary expenses such as for travel or to buy luxury items
Top 10 best-performing mutual funds for June 2025
What is a soft inquiry and why it doesnt hurt your credit score
Unlike common perception, checking credit score does not lead to loss of credit score. This gives rise to a soft inquiry which does not have a bearing on the credit score