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The Delhi government approved the Lakshmi Yojana, allowing eligible women aged 21-60 to receive 2,500 monthly. An online application portal will launch on August 1, with the first payment expected around Raksha Bandhan.
EPFO members who find their account blocked, can't remember their UAN password, are unable to access their passbook or have KYC pending can check how to fix issues using the portal or Umang app.
The patience payoff: How a 30,000 monthly SIP swells into 50 lakh by 2034
The initial years of SIP investing often require considerable patience. Even with disciplined monthly contributions, many investors feel disappointed as their portfolio appears to grow slowly due to market volatility and a relatively small investment base
Annapurna Yojana: No money in bank account yet? Check what to do if your application gets rejected
Many women in West Bengal applied for the Annapurna Yojana but haven't received financial aid. Chief Minister Suvendu Adhikari set a payment deadline for August while verification continues.
8th pay commission announces state visit to Chandigarh in September 2026 Check dates, other details
The 8th pay commission has announced its official three-day state visit to the union territory of Chandigarh in September. It will hold meetings with employee unions and stakeholders from Chandigarh, Haryana, Himachal Pradesh and Punjab.
Mumbai records best-ever July property registrations, stamp duty collections
Mumbai's property market achieved its best-ever July performance with strong housing demand. The city recorded its highest-ever property registrations and stamp duty collections for July. This sustained buyer confidence reflects resilient end-user demand and enduring confidence in homeownership. Infrastructure upgrades and improved connectivity continue to support residential demand across micro-markets. Industry experts anticipate healthy transaction activity supported by new housing supply and redevelopment.
Maruti Suzuki is investing Rs 561 crore in four compressed biogas manufacturing projects. This move supports India's transition to cleaner mobility and reduces fuel imports. The company's first-quarter profitability declined due to higher raw material costs. Despite this, vehicle sales increased significantly, aided by a new manufacturing plant. Maruti Suzuki's net sales rose, but net profit saw a decline.
Pensionbazaar strengthens its corporate NPS platform to simplify retirement planning
Pensionbazaar has improved its Corporate National Pension System offering. This aims to make retirement planning more accessible and seamless for employees. The platform simplifies onboarding, contribution management, and account servicing for employers. Employees can now digitally manage their retirement corpus and track progress easily. This initiative seeks to make retirement planning a workplace priority and a natural financial journey.
Baba Ramdevs next stretch: Patanjali takes the insurance route
Loan growth remains strong, shows latest RBI sectoral data
Banking credit to industries showed robust growth, increasing 19.2 percent year on year. Personal loan growth also remained strong, rising 16 percent compared to last year. Medium enterprises experienced the fastest credit growth, surging 30 percent year on year. Petroleum, coal products, and gems and jewellery sectors saw significant expansion. Loan against gold jewellery emerged as the fastest growing personal loan segment.
DA hike: Central government employees and retired pensioners are expecting a second increase in dearness allowance this year, sometime in the second half as a Diwali gift during the festive season.
1.1 trillion blind spot: How ignoring employee health is costing Indian businesses
The largest hidden cost is presenteeismwhere employees show up to work but cannot perform at their full capacity. This phenomenon accounts for 51,000 crore of the total annual cost to employers.
Health insurance: Co-payment vs deductible explained. Which one should you choose?
Having a clear understanding of co-payments and deductibles in health insurance can help policyholders estimate out-of-pocket costs, compare plans, and avoid claim surprises. This guide explains how both clauses work, their impact on premiums, and how to choose the right policy.
6 smallcap mutual funds deliver over 20% return in 6 months. Do you own any?
Six smallcap mutual funds delivered over 20% returns in the past six months, led by Bank of India Small Cap Fund, reflecting strong performance in the segment, according to ACE MF data.
ESOP taxation can arise at two stageswhen shares are exercised and when they are sold. Here's how salary income, capital gains, fair market value and record-keeping affect ITR filing for AY 2026-27, and how to avoid these common tax reporting mistakes.
Belated vs updated return: Which should you file if you miss the 31 July income tax return deadline?
Taxpayers who fail to file their returns within the original due date still have two other options to complete the process. Here's how belated and updated return work and which one you should choose if you end up missing the July 31 deadline.
Wealth creators: 12 equity mutual funds turn Rs 1,000 SIP to nearly Rs 3 crore since their inception
Twelve equity mutual funds have turned a Rs 1,000 monthly SIP into more than Rs 1 crore since their inception, with the top performer generating a corpus of up to Rs 2.86 crore. The list spans seven fund categories, led by midcap and flexicap schemes.
15 lakh income, different tax liabilities: Why salaried middle class ends up paying highest tax
India's income tax system is progressive - higher incomes are taxed at higher rates. However, the final tax liability depends not just on how much a person earns, but also on how that income is earned.
Personal accident cover and standalone term insurance provide financial protection but serve different purposes. Let's deep dive into similarities and differences between the two insurance policies.
Filed your ITR in the last hour? These 5 mistakes can trigger a defective return notice
As the 31 July ITR filing deadline approaches, taxpayers should review their returns to avoid errors that may lead to a defective return notice from the income tax department. Here are 5 mistakes can trigger a defective return notice.
8th Pay Commission: 5 latest updates boost hopes for 1.1 crore employees and pensioners
The 8th Pay Commission has stepped up stakeholder consultations with meetings across India. Here are the five latest official updates, and what they mean for over 1.1 crore central government employees and pensioners.
Gold and silver prices today, 31 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.
Technology sector mutual funds achieved substantial gains during July. HDFC Technology Fund led with a remarkable 16.91% return for investors. Other tech funds also delivered double-digit returns, outperforming many others. International funds experienced significant declines, primarily due to market corrections. Experts advise diversified equity funds for balanced long-term investment strategies.
Why Old Bridge's Kenneth Andrade is avoiding IT despite attractive valuations
Old Bridge MF founder Kenneth Andrade expects earnings growth to revive this year, remains bullish on pharma and autos, underweight on financials and IT, and sees crude as the biggest market risk.
ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.
Taxpayers who file their ITR on 31 July can complete e-verification within 30 days. Here's how the verification timeline affects the filing date, the belated return status and compliance with income tax rules.
As the July 31 income tax return deadline approaches, over 5 crore ITRs have been filed till Thursday. Late filers may face penalties and miss out on benefits like carrying forward losses. Check all consequences here.
Missing ITR deadline today is like getting Hit Wicket: Tax department urges a Free Hit filing
The Income Tax Department, in a recent X post, reminded taxpayers that 31 July is the last date to file ITR-1 and ITR-2 for AY 2026-27. Complete filing and e-verification today to avoid late fees, interest and compliance issues.
Scheme selection key as mutual fund returns vary widely across categories
Mutual fund returns show significant differences between top and bottom performers. The flexi-cap category saw a wide gap between gains and losses. Small-cap funds also displayed considerable divergence in their yearly performance. Market trends favored stock-specific bets and certain sectors over traditional ones. Investors must understand fund styles and team track records for better selection.
Does Indias DIY mutual fund boom needs structured assistance?
Over 5-6 crore Indians now invest in mutual funds, thanks to digital platforms. While ease of access has increased, first-time investors face complexities in asset allocation. Future investing will require curated advice and structured assistance to ensure successful long-term portfolios.
Mid-cap funds aim to outperform their benchmark through active management, but not all succeed. There are currently eight mid-cap funds with a negative alpha, with Taurus Mid Cap Fund having the lowest alpha of -7.20.
EPFO: Submitted a claim? Here's what the status message means and timeline for settlement process
Employees' Provident Fund Organisation: Today we look at how much time EPF claims take to be settled, what the status message means, and what subscribers can do to rectify any delays and complete the process.
A financial master sheet won't make you richerbut it could save your family from economic chaos
A financial master sheet is a single document that records the family's financial and administrative details, showing what assets exist, where they are held, and where supporting documents are stored.
Large-cap funds have seen their alpha generation decline over the years compared with the Nifty 50 TRI. While funds outperformed strongly during 2000-2009, the advantage narrowed in the following decade and turned negative after 2020.
Not reporting bank interest or LTCG in your ITR? Avoid these 2 common tax filing mistakes
Many taxpayers mistakenly assume that TDS-deducted income or tax-exempt LTCG need not be disclosed in their ITR. Such omissions can create mismatches with AIS and Form 26AS, leading to tax notices or adjustments even when no additional tax is payable.
The Maharashtra government has approved incentive allowance equivalent to 30% of basic pay for police officers and personnel in the Anti-Narcotics Task Force (ANTF) under the 7th central pay commission.
The government says the income tax e-filing portal can process up to 1 crore ITRs a day, but experts say taxpayers should not mistake higher capacity for a risk-free last-day filing experience. Here's why they don't expect an extension yet, and why waiting until July 31 could still be costly.
Kotak Investment Banking appoints Jayasankar, Sourav Mallik as Co-CEOs
Kotak Investment Banking is undergoing a noteworthy leadership transition. V. Jayasankar and Sourav Mallik will take the reins of the investment banking sector together, while Ramesh Srinivasan will become Non-Executive Vice Chairman. His years of experience will inform strategic advice and client engagement efforts, signaling a strong foundation for future growth in the organization.
The income tax return filing season is nearing its end, with over 5 crore returns submitted. A significant question on the ITR form is causing confusion. Here's how to respond to it.
Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
Investec Selects Infosys Finacle SaaS Platform on Microsoft Azure for Digital Banking Transformation
DA hike: West Bengal state government employees will receive their 20% dearness allowance increase and salaries for October before Durga Puja festivities, according to Chief Minister Suvendu Adhikari.
EPF subscribers are facing issues with overlapping employment records and missing data on the EPFO portal after its recent system migration. Lawyers explain whether employers can reject your job application solely due to EPFO portal error.
After filing ITR, taxpayers may receive notices due to mismatches in income, incorrect ITR forms, pending tax demands or any scrutiny by the Income Tax Department. Understanding why these notices are issued and how to avoid them can help ensure timely compliance and prevent penalties.
These 4 flexicap mutual funds delivered single-digit returns in 3 years. Check details
Four flexi cap mutual funds delivered single-digit returns over the last three years, while one posted a marginal negative return, according to ETWealth. In contrast, the top-performing flexi cap funds generated returns of up to 19.8% during the same period.
9 equity mutual funds multiply investors SIP investments by over 1.6x in 5 years. Do you own any?
Nine equity mutual funds multiplied investors SIP investments by more than 1.6 times over the last five years, led by small-cap and mid-cap schemes. Invesco India Midcap Fund topped the list with a 1.71x wealth multiplier and an XIRR of 21.66%.
Many salaried taxpayers assume ITR-1 is the correct form, but additional income or a job change could require a different return. Experts explain the key checks to complete before filing your income tax return.
Received an income tax notice under Section 139(9)? Here's what it means and what to do
A Section 139(9) defective return notice and other income tax notices require timely action to avoid compliance issues. Experts explain how taxpayers should respond to Sections 139(9), 143(1), 142(1) and 148 notices, helping protect tax benefits and prevent unnecessary complications.
Section 10 of the Income-tax Act: Misusing these provisions to save tax may result in a 200% penalty
With the ITR deadline approaching, Section 10(14)(i) offers tax-saving potential for salaried employees. However, misuse can lead to scrutiny and hefty penalties. Experts explain eligibility, rules and consequences of false claims.
Planning to withdraw from your mutual fund SIP? Here's the impact on your financial goals
Withdrawing money from your mutual fund SIP can significantly delay your financial goals by hampering the power of compounding. Early withdrawals cause maximum damage to your long-term wealth creation. Here is how pulling out funds at different stages impacts your timeline to build a target corpus of Rs 1 crore.
Tracking error explained: What every passive investor should know
Passive funds aim to mirror benchmark returns, but market frictions create gaps. Here's how tracking error differs from tracking difference, why it occurs, and what investors should watch.
Non-Resident External (NRE) fixed deposit rates from DCB Bank, YES Bank, RBL and other banks offer NRIs returns of up to 7.50%. Compare interest rates, tax benefits, repatriation rules and key factors before investing in Indian NRE term deposits.
What is ITR-BN? CBDT notifies new income tax return form; check eligibility and filing details
The CBDT has introduced the ITR-BN form for block assessments from search and seizure cases. Effective from April 1, 2026, it applies only to taxpayers receiving such notices, aiming to streamline reporting of undisclosed income. Details here.
Why personal accident insurance can't replace term insurance
A cheap personal accident policy may seem like a smarter buy than term insurance in your 20s. But the two protect against different risksand one cannot replace the other.
Arbitrage funds have emerged as the best-performing hybrid mutual fund category in 2026 so far, outperforming their peers amid volatile equity markets. Here's why the category is leading and the schemes that have delivered the highest returns over one and three years.
Looking for midcap mutual funds in July 2026? Here are 5 funds to consider
ETMutualFunds shortlisted five top midcap mutual funds based on rolling returns, consistency, downside risk, outperformance and asset size, highlighting options suitable for investors with high risk tolerance and long-term horizons.
International funds offered excellent returns over the past year, outperforming domestic options. However, fresh investments are currently restricted due to regulatory limits. Experts suggest alternatives like LRS platforms and GIFT City funds for global exposure. Diversified global ETFs tracking broad indices are recommended for new investors. Investors should maintain international allocation for diversification and risk-adjusted returns.
ITR due date extension 2026 LIVE: Who must file tax return even if their income is not taxable?
ITR Due Date Extension 2026 LIVE: The due date to file ITR is tomorrow. The government extended the deadline last year due to technical glitches, but a similar relief is unlikely this time, experts have repeatedly warned.
A Reddit user shared that their mother sold inherited property for 50 lakh in cash to a builder, lacking a banking trail. Experts warn of possible penalties and explain ITR filing rules.
Best medium to long duration funds to invest in July 2026
Conservative investors often avoid medium to long duration debt funds due to their inherent risks. These funds invest in longer-term instruments, making them sensitive to interest rate fluctuations. Even small rate increases can cause significant volatility and potential investor losses. Investors with a higher risk tolerance and long horizon can consider these schemes. Competent advisors can guide investors aware of the associated extra risks.
Gold and silver prices today, 30 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.
Over 5 crore ITRs have been filed for AY 2026-27. Filing your return by 31 July can help build a consistent tax compliance record, which may support future home loan applications and help lenders assess income stability and repayment capacity.
With the July 31 ITR filing deadline approaching, the Income Tax Department says over 5 crore returns have already been filed for AY 2026-27. Here's who should file ITR-1, who needs ITR-2, and why you shouldn't wait until the last minute.
The 8th Pay Commission may consider higher annual increments for central government employees as proposed by several prominent unions. A 5% increment scenario shows Level 1 basic pay rising from 18,000 per month to around 24,200 per month in five years.
ITR filing deadline: Can freelancers declare earnings as business income? Tax experts explain
Freelance income cannot always be reported as business income in ITR filings. Here is when earnings qualify as business income, salary, or other sources; common filing mistakes; presumptive taxation rules; and expert tips to avoid tax notices and ensure compliance before the 31 July deadline.
ITR filing 2026: Why 31 July is not the deadline for all salaried taxpayers and who gets more time
The 31 July ITR filing deadline may not apply to all salaried taxpayers. The applicable due date depends on the taxpayers overall income profile, ITR form, and audit requirements. Those with business or professional income may get additional time.
Large & mid-cap funds have historically delivered a balance between returns and volatility. Over the past 5 years, the benchmark index gave 14% returns, compared with 10% for large-caps and 18% for mid-caps.
Despite varying investment strategies, some small-cap stocks are common across mutual fund portfolios. The latest analysis reveals the 10 most widely held small-cap stocks, with PNB Housing Finance featuring in 146 schemes, followed by Crompton Greaves and RBL Bank.
Taxpayers who filed their ITR in May or June should revisit their return before the 31 July deadline. Checking e-verification status, AIS, TIS, Form 26AS, TDS credits, bank details and reported income can help avoid errors and refund delays.
The CPC first verifies that you've used the correct ITR form, filled in all mandatory schedules, and that there are no calculation errors. If it finds major issues, you may receive a defective return notice.
A Chennai taxpayer faced a 1.92 lakh penalty after her tax consultant made errors in the ITR filing. ITAT Chennai waived the penalty, ruling that a genuine mistake by a tax professional cannot be treated as misreporting of income under Section 270A.
Would your family know how to access your wealth in an emergency?
A single, regularly updated financial master sheet can organize scattered accounts, key legal documents, and vital contacts before a crisis hits.
An ET analysis of 546 equity mutual funds reveals that Pharma & Healthcare funds delivered the highest 5-year SIP returns at 18.2%. While sectoral funds led performance, flexicap and largecap funds offered steady returns, making them ideal core portfolio options for long-term investors.
SIPs help reduce entry-timing risk through rupee-cost averaging but cannot shield investors from valuation, liquidity, concentration or fund-selection risks. Investors should not mistake SIPs for a complete risk-management strategy.
ITR filing deadline: After 4 extensions in last 5 years, why AY 2026-27 may not get extra time
As the 31 July deadline for filing ITR approaches, taxpayers hope for an extension like in previous years. Here's why AY 2026-27 is different for tax filing.
The evolution of mobile banking apps into financial operating systems
Mobile banking apps now serve as primary financial interfaces for millions. Consumers expect a single platform for all their financial needs. Integrated apps offer banking, investing, and wealth management services seamlessly. This shift reflects a growing demand for instant and unified financial experiences. The future of banking centers on these comprehensive digital ecosystems.
Directs Registrar of Cooperative Societies to take effective and continuing steps, including public awareness measures, to prevent such misuse and to safeguard the interests of depositors
Expecting an income tax refund this year? Filing your ITR is only half the job. Simple mistakes like an unvalidated bank account, TDS mismatch or pending tax demand can delay your refund even after the return is processed.
With the July 31 ITR filing deadline nearing, experts warn that waiting until the last day could cost taxpayers far more than just a late filing fee. From losing tax benefits to delayed refunds and portal glitches, here's why filing early is the smarter choice.
These 5 smallcap mutual funds rewarded investors with over 27% returns in 3 years. Check details
Five smallcap mutual funds delivered annualized returns of 20.6%-26% over three years, led by Bandhan Small Cap Fund, while investors should prioritize risk appetite, goals, and investment horizon over past performance.
52 equity mutual funds delivered over 100% returns in 5 years. Are any in your portfolio?
Around 52 equity mutual funds have delivered absolute returns of over 100% in the past five years, according to an ETMutualFunds analysis. Mid-cap funds dominated the top performers, led by Motilal Oswal Midcap Fund with a 169.84% return. The analysis covered 212 regular-plan, growth-option equity funds, excluding sectoral and thematic schemes, with all generating double-digit returns.
How to make the most of flexible health benefits in employer plans
Healthcare needs aren't staticthey change with age, family responsibilities and personal circumstances. A 28-year-old navigating burnout, a 32-year-old planning a family, and a 45-year-old supporting ageing parents all need very different forms of care.
EPS 2026: EPS 1995 and EFPS 1971 beneficiaries will keep receiving pension under new scheme
Government clarified that EPS 1995 and EFPS 1971 beneficiaries will continue to receive pensions under EPS 2026. Pension calculation, contribution rates and eligibility remain unchanged, while the new scheme introduces faster digital claim processing and electronic pension disbursement.
Inherited shares, mutual funds or bonds? NRIs should follow these steps to claim them in India
NRIs inheriting financial assets in India often face delays due to missing documents, KYC issues and nomination gaps. Experts explain the steps, paperwork and common mistakes that can help ensure a smoother transmission process.
Can a Rs 31,000 monthly SIP help you build a Rs 10 crore corpus? Expert explains
Building a 10 crore corpus over 20 years requires more than regular SIP investments. Financial planners suggest reviewing portfolios periodically, increasing SIP contributions with income growth, and maintaining the right asset allocation to maximise compounding benefits.
Sebi reopens the PMS rulebook: what it changes for investors and investment industry
Sebi's proposed MF-only PMS lowers the investment threshold to 25 lakh, opening customized mutual fund portfolios to more investors.
Cash, property, or gifts over 50,000 from non-relatives are taxable, but relief options also exist for residents, which can reduce tax liability significantly or to zero. Details here.
Wrongly reported foreign salary in ITR? ITAT grants relief with one catch
A Delhi ITAT ruling clarifies that taxpayers can correct an ITR if overseas salary was wrongly reported as taxable in India. But if the income is exempt under the DTAA, foreign tax credit cannot be claimed.
Income tax filing deadline 2026 LIVE Updates: Who needs to submit their returns by 31 July?
Income tax filing deadline 2026 LIVE Updates: The due date to file ITR is around the corner, and more than 4.3 crore ITRs have already been filed so far. Here's everything you need to know about the filing process, deadline information, e-filing portal status and other such developments.
Gold and silver prices today, 29 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.
