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Easing ITR compliance: A guide to presumptive taxation under Section 44ADA
Under this framework, eligible taxpayers are allowed to declare 50% of their gross annual receipts as taxable earnings.
Maximising emergency funds: Is a sweep-in fixed deposit your best bet?
Before shifting your emergency safety net into a sweep-in FD, it is smart to weigh a few operational details, including premature withdrawal policies, minimum balance rules, interest rate gaps, and tax rules.
Abu Dhabi rent hike halt sends relief to residents, Indian expats amid US-Iran war; experts weigh in
Abu Dhabi halts rent hikes temporarily, maintaining current rental amounts in contracts. It provides financial predictability for households and businesses, benefiting expatriates. The decision aligns with broader relief measures introduced post US-Iran war, enhancing household budgeting.
Can non-salaried persons claim house rent allowance? HRA rules explained
An individual can claim a tax deduction under Section 80GG of the Income Tax Act 1961 or under Section 134 of the Income Tax Act 2025.
5 smallcap funds crossed the 25% annualised return mark in 3 years. Here's the list
Several smallcap funds have demonstrated strong performance, with five achieving over 25% annualized returns in the past three years. Bandhan Small Cap led the pack with a 29.4% return. In contrast, five other prominent small-cap funds experienced slower growth, delivering single-digit gains.
New fund offers: 4 mutual funds and 1 SIF are open for subscription. Check details
Four mutual fund NFOs and one SIF are currently open for subscription, offering exposure to smallcap, large & midcap, and factor-based strategies. Investors should align selections with goals and risk appetite.
Employees Provident Fund Organisation: Want to add a nominee to your employees' provident fund account? Here's how subscribers can do so, and your top nomination process related FAQs answered by the EPFO.
Franklin India Dividend Yield Fund delivered exceptional returns. A Rs 10,000 monthly investment since inception grew to over Rs 1.2 crore in 20 years. The fund's AUM also crossed Rs 2,300 crore. It follows a dividend yield strategy, investing in companies with consistent payouts. This approach aims for steady compounding and downside protection.
Want to invest in mutual funds through SIPs? Check which of these 8 variants suits you best
SIPs offer multiple investment options, including regular, top-up, flexi, perpetual, trigger, goal-based, step-up, and multi-SIPs. Choosing the right SIP depends on financial goals, risk appetite, cash flow, and market understanding.
Every mutual fund offers positive XIRR on SIP investments in 5 years. Did you exit too soon?
Equity mutual funds delivered positive returns on Systematic Investment Plans over the past five years. Many funds provided double-digit XIRR. HSBC Midcap Fund and Bandhan Small Cap Fund led with over 20% XIRR. This analysis highlights strong SIP performance across various fund categories. Investors saw significant growth on their regular investments.
Looking for consistent midcap funds? Edelweiss Mid Cap and 8 peers have stood out over 5 years
Nine midcap funds posted strong five-year consistency scores, led by Nippon India and HDFC. The CRISP Scorecard highlights their risk levels, investment styles, returns, and assets under management as of March 2026.
Trading salary for Esops? The four tests that help you do the math
Esops are not lottery tickets. But they become lottery tickets when people stop doing the math.
Take charge of your money today with practical financial stress-management strategies that reduce money anxiety, build savings, and help you create long-term financial stability. Don't hesitate to take professional guidance from a certified financial advisor if financial problems remain.
Small caps are rallying again. Should you get on board or stay away?
Small cap mutual funds are drawing record inflows, driven by attractive valuations and a broader economic recovery. But investors still need a five-to-seven-year horizon and an SIP mindset to beat the volatility.
Annapurna Yojana goes live today: How to check if your 3,000 payment has been credited
West Bengal Chief Minister Suvendu Adhikari will launch the Annapurna Yojana, providing 3,000 monthly to women beneficiaries. The inauguration is set for 12.30 pm, with 100 beneficiaries per locality receiving sanction letters. The scheme replaces the previous Lakshmir Bhandar initiative.
When a taxpayer dies, filing ITR remains a legal obligation
Under Indian tax law, a person's obligation to file and pay taxes does not end with death. The responsibility passes to their legal representative or legal heirs, and overlooking it can lead to notices, penalties and delays in settling financial affairs.
Gold and silver prices rose on 3 June amid a weaker dollar and higher crude oil prices due to US-Iran tensions. MCX gold stayed above 1.59 lakh/10g, while silver held firm. Check 24K, 22K gold and 999 silver rates across major Indian cities.
An investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating Rs 2 lakh monthly income. The expert outlines a goal-based framework, recommending a balanced 60% equity and 40% debt allocation for retirement and a more growth-oriented mix for long-term wealth creation
Salaried taxpayers in India should thoroughly review their income-tax returns for FY 2025-26 before filing. Important checks include verifying pre-filled data, waiting for AIS updates, and ensuring all necessary deductions are claimed to avoid errors and delays.
How to avoid over-diversification in mutual funds: 5 simple ways
Too many mutual funds can weaken returns. Over-diversification creates portfolio overlap, complexity and confusion. A focused mutual funds strategy with clear asset allocation can improve long-term investment performance. Take proper guidance from a certified financial advisor to manage finances.
Best large cap mutual funds to invest in June 2026
Amidst market volatility, advisors recommend large cap mutual funds for conservative investors seeking safer equity investments. These funds, mandated to invest in top 100 companies, offer inflation-beating returns with lower risk. While some schemes have faced recent underperformance, long-term potential remains, with specific funds highlighted for June 2026.
I asked ChatGPT: Should I pay a CA to file ITR? It explains when expert help makes sense
A discussion on whether salaried employees should file their ITR themselves or hire a Chartered Accountant. While DIY filing is feasible for straightforward cases, professional help can prevent costly errors and uncover tax-saving opportunities, especially when income sources are varied or complex.
Dearness Allowance helps mitigate inflation pressures for central government employees and pensioners. The 8th pay commission is reviewing pay structures and its recommendations will impact 50 lakh employees and 65 lakh pensioners in India.
The 8th Central Pay Commission has extended the deadline for submissions to June 15, allowing more time for employee associations and unions to present demands.
Expectant parents in India face hidden costs and emotional challenges in the first year. A practical financial roadmap is essential.
Rising geopolitical tensions are reshaping personal finance decisions. Diversified investments, SIPs, emergency funds and disciplined planning can help protect wealth and manage market volatility effectively.
Withdrawing more than 10 lakh from your bank account in a year? Here's what you must know
Bank customers can withdraw over 10 lakh without automatic tax scrutiny, but large transactions must comply with reporting norms to avoid issues with the income tax department. Details here.
Top 5 mid-cap index funds with lowest tracking error and benchmark-like returns
Since mid-cap index funds track a specific index, tracking error is an important factor to consider before investing. Here are the top 5 mid-cap index funds with the lowest tracking error.
Low volatility, better value: Why balanced advantage funds are back on investors radar
Wealth managers are favoring balanced advantage funds due to attractive large-cap stock valuations and high bond yields. These funds dynamically adjust equity and debt allocations, offering moderate returns with low volatility, making them suitable for first-time investors seeking stability and better returns than fixed deposits.
Should small finance banks be a part of your FD strategy?
Unlike larger lenders with diversified and sticky deposit franchises, small finance banks rely more heavily on retail deposits to fund their loan books and, therefore, need to offer higher rates to attract and retain savers.
REITs distribute 8900 crore to unitholders in FY26, a 50% increase in disbursements
In FY26, India's five publicly listed REITs distributed over 8900 crore to unitholders, marking a 50% increase from the previous year. They manage over 187 million square feet of real estate, reflecting their growing importance in capital markets.
UPI goes live in Cambodia: Indian tourists can now pay at 4.5 million merchant outlets via KHQR
Indian users will be able to make QR payments at over 4.5 million merchant outlets in Cambodia. The next phase of the initiative will allow Cambodian visitors to do the same in India. Details here.
I was keen to understand if a budget of 1.5 lakh for two people is the end of the dream, or can it actually unlock a memorable stamp on your passport? Here's what ChatGPT says
The 8th Pay Commission, constituted on November 3, 2025, is reviewing salaries and pensions for central government employees and pensioners over its 18-month tenure. Its recommendations, expected by May 2027, will significantly impact financial benefits and livelihoods amidst rising inflation.
Teen cricketer Vaibhav Suryavanshi has a net worth of 7 crore at 15, primarily from cricket earnings and endorsements. Tax laws for minors in India generally club their income with that of the parent, with exceptions for specific circumstances like income from personal skills. Details here.
50,000 salary blueprint for Bengaluru women: Budgeting, SIPs, tax planning and wealth creation
Working women in Bengaluru earning 50,000 should prioritize personalized financial planning. By tracking expenses, building an emergency fund, and utilizing AI tools for budgeting, they can achieve financial stability and make informed decisions for their future.
Equity MFs investing in energy stocks turn chart toppers
Despite economic strain from the oil shock, equity mutual funds in the energy sector have performed remarkably, gaining 9.4% in 2026. The Nifty Energy Index rose 14.3%, benefiting from strong earnings growth and high demand, making these funds a tactical investment choice for high-risk investors.
ITR filing AY 2026-27: Why salaried taxpayers should wait until 15 June before filing returns
The Income Tax Act, 2025, effective from April 1, 2026, renames Form 16 to Form 130. Salaried taxpayers should wait until June 15 to file ITR for AY 2026-27, as employers must provide Form 130 by this date for accurate filing.
What Karnataka high courts ruling on hiring advocates means for insurance ombudsman system
The Karnataka High Court's recent ruling in insurance disputes asserts that complainants have the right to legal representation as cases progress beyond mediation. It rejected the concern that policyholders who need help are somehow gaming the system by seeking it.
Tax on property sale in India: How capital gains are taxed and ways to claim exemption
Selling a house can result in capital gains tax, depending on how long the property was held. However, certain exemptions are available for homeowners. Full details here.
Home loan balance transfer explained: How lower rates can cut EMIs and save lakhs
New home loan borrowers should consult financial advisors to assess their financial health before choosing a loan. A balance transfer to a lender with lower rates can lead to significant savings over time, but borrowers must weigh the benefits against potential costs and challenges.
How long will a Rs 20,000 SIP and Rs 1 lakh lump sum take to become Rs 3 crore? Check calculations
A monthly SIP of Rs 20,000, coupled with a Rs 1 lakh lump sum investment and an assumed annual return of 12%, can help investors accumulate a corpus of about Rs 3 crore in roughly 23 years and 7 months, according to calculator estimates.
DTAA explained: How NRIs can avoid double taxation and save on taxes?
DTAA allows NRIs to pay tax only in one country or at reduced rates, preventing double taxation on income earned in India and their country of residence. Here's how it works.
AI trillion-dollar boom: Why India missed the biggest wealth-creation story of the decade
The AI wave has not merely created new products. It has minted trillions of dollars in market value and transformed a handful of technology firms into wealth-compounding machines.
Navigating health insurance portability: Check key rules, FAQs and online process, explained
In India, health insurance portability enables policyholders to switch insurers without losing accrued benefits like NCB. Requests must be made 45 days before renewal. Here are the top FAQs answered
Add-on credit cards can offer benefits, but should only be used with caution, as shared credit limits, full repayment liability, and credit score risks can affect family financial control.
NFO Alert: HSBC Mutual Fund launches hybrid long-short fund under its SIF segment RedHex
HSBC Mutual Fund has launched the RedHex Hybrid Long-Short Fund, a Specialised Investment Fund strategy aimed at generating regular income and capital appreciation through a diversified mix of fixed income, equity arbitrage, REITs and InvITs. The fund targets risk-adjusted returns with lower volatility and offers weekly redemption opportunities.
ITR: When can taxpayers claim deductions under Sections 80C, 80CCC, 80CCD (1), 80CDD (1B), 80D, 80DD, 80DDB, 80E, 80EE, and 80EEA of the I-T Act, as applicable under the old tax regime? Here's a look
Edelweiss Small Cap, 7 other smallcap funds that have shown consistent performance over last 5 years
I asked ChatGPT to keep my job future-proof: AI asks me to build a T-shaped profile
A simple learning system emphasises mastering fundamentals, building visible work and public application, according to ChatGPT.
Have Rs 30 lakh to invest for 20 years? Here's how an expert suggests allocating the corpus
Investors receiving a large lump sum for long-term goals should avoid immediate equity deployment. Financial planners suggest parking funds in liquid instruments and using Systematic Transfer Plans (STPs) over 12 months to mitigate market timing risks. This staggered approach, combined with a diversified equity allocation, aims to optimize returns over a 20-year horizon.
Are target maturity funds right for you? Here's how passive debt investing works.
These passive debt instruments offer a way to lock in predictable returns, but their safety depends entirely on an investor's ability to time them right and hold to maturity.
Choosing a health insurance plan requires due diligence and understanding personal needs. HDFC ERGO offers comprehensive coverage, while ICICI Lombard provides cost-efficient modular options. Here is a detailed comparison between the two.
EPFO 3.0 ATM withdrawal explained: Launch status, PF withdrawal process, rules, and limits
Want to know if EPFO 3.0 ATM withdrawal is live? Check the latest update, official status, PF withdrawal process, UPI option, rules, limits, launch timeline, login details, and what members should do now.
Quant Mutual Fund is strategically focusing on under-owned, under-researched, and neglected market segments for higher alpha generation. The fund house is underweight on manufacturing but has increased exposure to technology stocks, while maintaining a positive outlook on energy, infrastructure, and financial services.
Financial planning includes calculating your savings, investments and retirement fund before making investment decisions. If you plan to purchase an SUV in the next 2-5 years, here's how you can use SIPs to build adequate corpus
Multicap vs flexicap mutual funds: Which is better placed amid market volatility?
Market volatility prompts a look at multicap and flexicap mutual funds. Experts weigh in on their suitability for uncertain times. Multicap funds offer disciplined allocation across market caps. Flexicap funds provide managers flexibility to adjust holdings. A balanced portfolio strategy across different equity categories is advised for investors to navigate market swings effectively.
On 2 June, gold prices on MCX rose marginally amid a weaker dollar and declining crude oil prices. MCX gold August futures rose to 1,59,440 per 10 grams, while geopolitical tensions surrounding US-Iran negotiations continued to impact markets.
Top 10 mutual funds to invest in June 2026
New investors often struggle to find suitable mutual funds, relying on short-term performance or personal recommendations. ETMutualFunds presents a curated list of top schemes across five equity categories to guide investors. The article emphasizes understanding fund categories, risk profiles, and investment objectives before investing.
Why time in the market is more important than timing the market
Giving your portfolio time is one of the best investment choices you can make, as equities require a long-term investment horizon to truly perform.
8th pay commission: Panel extends memorandum submission date to 15 June Check top updates
8th pay commission: The 8th CPC panel has extended the deadline for submission of memorandums from employee representatives, groups and unions to 15 June. Check here for latest top updates, meetings, and more
A state government employees' forum leaders said that West Bengal CM Suvendu Adhikari has assured that pending dearness allowance dues will be cleared as per the Supreme Court order. Here's all we know
Why Devina Mehra keeps 85% of her portfolio outside India
The First Global founder explains why asset allocation matters more than stock picking, why she remains underweight on the US and why she avoids real estate and private credit.
Annapurna Bhandar Scheme 2026: Check eligibility, how to apply online and documents required
Want to apply for Annapurna Bhandar online? Check the official website, eligibility, required documents, form download steps, offline option, status check process, and scam alerts in one place.
SEBI considers easing NDCF norms for Road InvITs, permitting major maintenance borrowings
Sebi proposed allowing road-focused InvITs to add major maintenance expenses back into their NDCF calculations if financed by debt. Full details here.
I asked ChatGPT if old-school shopping is better than quick commerce its answer shocked me
As quick commerce transforms grocery shopping in India, urban couples face unplanned expenses due to ultra-fast delivery services. Here's what ChatGPT suggested to reduce decision fatigue and save 15-30% on monthly grocery bills
Inflation-driven shifts are reshaping tax-aware retirement income strategies, as fixed deposits alone are no longer sufficient to keep pace with inflation. Retirees need to invest in diversified, tax-efficient, and inflation-protected assets to secure a steady income.
Mutual funds, SIFs and PMS: Comparing risk, flexibility and investment limits
SIFs sit between Mutual Funds and PMS, offering flexible, advanced strategies with moderate entry levels and regulation. Investors should understand the differences and consult a financial advisor before investing. So that sensible and professionally guided investments are made.
Not sure about how much of your portfolio should be invested in equity and how much in debt? This is where an asset allocation calculator can help. So, let's find out your ideal asset allocation.
NRO accounts allow NRIs to manage Indian income. Upon returning to India, NRIs must convert their NRO accounts to resident accounts by notifying their banks. Here's the entire process to do it and documents required.
From HENRY to HARRY: how high earners can escape the lifestyle trap and build real wealth
High salaries don't guarantee financial independence. Heres how time-poor professionals can escape the cycle of heavy EMIs and lifestyle inflation to secure long-term assets.
5 diversified equity funds that have delivered the highest alpha
The metric used to analyze an equity fund's performance relative to its underlying benchmark index is alpha. Here's a list of top 5 equity funds by highest alpha that have outperformed their benchmark index.
UPI sets new record: Transactions reach 29.9 lakh crore in May
In May, UPI transactions hit a record high in both transactions and volume terms. This growth was driven by summer travel and IPL fever. Full details here.
8th Pay Commission fitment factor: Will it be 2.57, 2.86 or 4.0? Here's what experts say
Inflation fuels debate over the 8th Pay Commission fitment factor as unions push for higher multipliers and experts suggest a moderate revision to balance salary growth, pensions and fiscal stability ahead of 2036.
UPI security, LPG price revision, PAN rules: Key financial changes effective from June 1
Starting June, significant financial and regulatory changes will affect consumers, including updated UPI security measures, revised PAN compliance, and increased LPG cylinder prices. Full list here.
Buying land in India: Should NRIs use NRE or NRO funds?
For US NRIs buying land in India, using an NRE or NRO account does not change capital gains tax liability, though FEMA and repatriation rules remain crucial considerations.
Repo rate explained: How RBI rate cuts and hikes affect your EMIs, savings, and investments
Currently, the RBI has kept the policy repo rate at 5.25%, and the next monetary policy meeting is scheduled between June 3 and June 5, 2026. Here's a look at out how a repo rate cut or hike actually impacts your finances and investments.
An analysis reveals that for a 1 lakh salary, Pune, Hyderabad, and parts of Chennai offer the best home-buying opportunities, while Mumbai is the least affordable.
Post Office MIS vs mutual funds: Which is better for income-seeking investors?
Post Office Monthly Income Scheme (POMIS) offers predictable, government-backed monthly income, attracting retirees and conservative investors. While safe, its returns may not beat inflation, and interest is taxable. Experts suggest a balanced approach, combining low-risk options like arbitrage funds for income with equity funds for long-term wealth creation.
Five timeless investing lessons from Warren Buffett's most storied 'no'
A crisis-tested investing lesson, Warren Buffetts 2008 rejection of Lehman and AIG highlights the value of balance-sheet strength, liquidity, trust and disciplined fundamental analysis. As an investor, one must follow fundamentals and make sensible investments backed by data and solid facts.
SBI Small Cap among 5 smallcap funds with highest cash holding. Check details
Several small-cap mutual funds maintained elevated cash positions in April, reflecting a cautious approach amid market conditions. Bandhan Small Cap Fund held the highest cash allocation at 13.2%, followed closely by Groww Small Cap Fund at 13%. SBI Small Cap Fund, HDFC Small Cap Fund and Quantum Small Cap Fund also maintained sizeable cash reserves, potentially providing flexibility for future investment opportunities.
Sukanya Samriddhi Yojana: If opened at 5, will it mature at 21 or 26? Can you withdraw earlier?
The Sukanya Samriddhi Account matures 21 years after opening, regardless of the girl's age. Contributions last for 15 years, and the girl can withdraw 50% of the balance at 18 for education or marriage expenses. Tax benefits apply under Section 80C.
Top NPS equity funds offer up to 14% returns in 3 years. Heres the list
National Pension System (NPS) fund managers have delivered strong returns over the past three years, with several schemes generating double-digit gains. Tata Pension Management led the pack with a return of 13.56%, closely followed by ICICI Prudential Pension Fund at 13.39%.
International mutual funds are leading in returns, driven by global markets and currency gains. However, Indian investors face hurdles due to overseas investment limits imposed by the RBI. Experts advise continuing existing SIPs but caution against new investments. Investors are exploring alternative routes like LRS and GIFT City for global diversification as fund houses restrict inflows.
Virat Kohli led RCB to a five-wicket victory over GT in IPL 2026, delivering consistent performances through the marquee tournament and capping it off with an unbeaten 75 in the final. His disciplined approach is a reminder to investors to prioritize technique and strategy over aggressive tactics.
Gold and silver prices today, 1 June: Gold rates declined on MCX amid a stronger US dollar and rising crude oil prices. Check the latest 24K and 22K gold prices, along with 999 silver rates, in Delhi, Mumbai, Bengaluru, Kolkata, Hyderabad, and Chennai.
Best mutual fund SIP portfolios to invest in June 2026
ETMutualFunds offers curated mutual fund portfolios for conservative, moderate, and aggressive investors. These recommendations are designed for SIP investments and cater to various investment amounts. The portfolios are updated regularly based on a robust in-house methodology. Investors can now easily select schemes to meet their long-term financial objectives.
West Bengal CM Suvendu Adhikari announced the Annapurna Yojana fund transfers starting June 3, providing 3,000 to eligible women. Beneficiaries must ensure their Aadhaar-linked bank accounts are updated to avoid issues with payments.
Coinbase has launched operations in India, allowing users to deposit and withdraw Indian Rupees directly. This eliminates the need for peer-to-peer transactions, and users can trade various crypto assets with local order books and advanced trading tools.
