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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.
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.
A 25,000 monthly SIP earning an assumed 12% annual return can grow to 8.74 crore in 30 years. Check how compounding, understanding of core principles, disciplined investing and staying invested help create long-term wealth for retirement, children's education and financial independence.
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.
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.
Taxpayers can now view their foreign assets and income via the AIS on the income tax e-filing portal. The AIS currently includes data for 2022-2024, with 2025 data expected by late 2026. Here's what to do if you missed disclosing them in previous ITRs.
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.
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.
Many property sellers may end up paying more tax under the 20% tax regime with indexation than under the flat 12.5% LTCG tax. The benefit of indexation depends on how much the property's value has appreciated over time, making it important to compare both tax calculations before filing.
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.
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.
The Income Tax Department has introduced a Foreign Assets Information (FAI) report on its Compliance Portal. Taxpayers can securely download their foreign asset information in a password-protected PDF, review the reported details, and submit feedback if they identify any discrepancies.
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.
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
Sebi introduces standing instructions for SWP, STP in mutual funds in demat holdings
Sebi has allowed SWP and STP standing instructions for mutual fund units held in demat form, simplifying investing. The rollout will occur in two phases, with unit-based transactions by January 2027 and amount-based transactions by April 2027 through depositories.
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.
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.
Where are mutual funds placing their bets? A look at Junes sectoral trends
Mutual funds increased exposure to private banks, healthcare, NBFCs, automobiles and real estate in June, while trimming allocations to technology, oil & gas and utilities, according to a Motilal Oswal report.
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.
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.
Don't overpay for growth: Nippon Life AMC's Sailesh Raj Bhan on navigating India's next market cycle
After two years of valuation-led consolidation, Nippon Life AMC's equity CIO Sailesh Raj Bhan says improving earnings, reasonable valuations and a strong macro backdrop are creating fresh opportunities for long-term investors.
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
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.
Quant Mid Cap Fund exits Reliance Industries and 3 others, adds BHEL, 1 other stock in June
Quant Mid Cap Fund exited Reliance Industries and three other stocks in June while adding BHEL and L&T Technology Services to its portfolio, according to ACE MF data. The fund sold 21.38 lakh RIL shares worth Rs 282 crore and also exited PB Fintech, Torrent Pharmaceuticals and Oracle Financial Services Software (OFSS) during the month.
RBI fixes SGB 2019-20 Series II redemption price at 14,199. Should investors redeem now?
The Reserve Bank of India has fixed the premature redemption price for Sovereign Gold Bond 2019-20 Series II at 14,199 per gram. Investors who bought the bonds in 2019 have earned more than 300% in capital appreciation, but tax implications should also be factored into the decision.
SBI, Quant among 5 mutual funds that made complete exit from 11 midcap stocks in June
Five mutual funds exited 11 midcap stocks completely in June, including Tube Investments, Dixon Technologies, PB Fintech, and Kaynes Technology, as AMCs actively reshuffled portfolios, according to Nuvama.
What is a home loan top-up and when should you consider it?
A home loan top-up can offer cheaper credit than a personal loanbut only if you understand the costs, eligibility rules and hidden pitfalls.
The new Employees' Pension Scheme, 2026, retains the withdrawal benefit for members who leave service before completing 10 years. However, it introduces a new waiting period before the benefit can be claimed.
HDFC Flexi Cap among 7 mutual funds that multiplied investors' wealth up to 22x in 20 years
Seven equity mutual funds created exceptional long-term wealth, multiplying investors money up to 22.4 times over 20 years, led by Nippon India Growth Mid Cap Fund, according to FundsIndia.
JioBlackRock Mutual Fund files draft papers with Sebi for 2 new schemes
JioBlackRock Mutual Fund has filed draft documents with Sebi to launch two new schemes: the JioBlackRock Corporate Bond Fund and the JioBlackRock Nifty 50 ETF. The Corporate Bond Fund will predominantly invest in AA+ and above-rated corporate bonds, while the Nifty 50 ETF will passively track the Nifty 50 Index, expanding the fund house's passive and fixed-income offerings.
Early exit: why Indians are surrendering life insurance policies before maturity
Why do millions of policyholders who signed up for a long-term contract exit before maturity?
Mutual fund not performing? Here's how experts say you should review it
A fund that tops return charts today may not necessarily be the best fit for your portfolio. Experts say investors should look beyond recent performance and evaluate consistency, risk and investment strategy before making decisions.
NFO Insight: Can Abakkus Large & Mid Cap Fund help investors navigate volatile markets?
Abakkus Mutual Fund has launched its third equity NFO, the Abakkus Large & Mid Cap Fund. This new fund aims to navigate volatile markets by investing in growth companies and established businesses. The fund employs an in-house MEETS framework for evaluating long-term value creation potential. Experts suggest caution with NFOs due to the absence of a performance track record.
ITR filing: ITAT deletes 10 lakh Black Money Act penalty over foreign ESOP disclosure
Chennai ITAT held that a genuine failure to disclose foreign ESOPs in Schedule FA of the income tax return does not automatically warrant a penalty under the Black Money Act.
EPFO interest credit begins: How members can check if the amount is credited to their accounts
EPFO members can see their annual interest of 8.25% for FY2025-26 in their accounts starting July 15. Here's how you can check your PF balance online.
Property registry alone doesn't prove ownership: Here's what else homebuyers need to do
Purchasing and registering a property does not guarantee legal ownership. Validity relies on the entire title chain and documentation. Mutation, while important for records, does not affect ownership rights, experts said.
Trump's accounts sold Micron, bought Nvidia: Expert warns, Don't mistake it for a strategy
Donald Trump's investment accounts, managed by third parties, have executed over 6,100 stock trades in 2023. Notably, they sold Micron shares while acquiring Nvidia stock, highlighting a contradiction between Trump's public praise for Micron and his accounts' trading decisions.
Warren Buffett confirmed his decision to build Berkshire Hathaway's substantial stake in Alphabet, stating he acted independently of CEO Greg Abel.
EPFO alert: Why updating your profile photo is crucial for e-nominations and PF claims
EPFO members are urged to upload a recent profile photo on the Unified Member Portal to complete e-nominations and online claims. Here's why it matters and how to do it.
How can families preserve art, jewellery and heirlooms for future generations?
A trust can help families preserve art, jewellery and heirlooms across generations by setting clear rules on ownership, access, conservation, display, monetization and succession.
Health insurance covers major hospitalisation costs, but many medical expenses, such as doctor consultations and medicines, are often paid out of pocket. Experts say financial preparedness and understanding policy coverage can help families avoid unexpected healthcare costs.
SIP returns disappointing? Here's when to stay invested and when to switch funds
Negative or muted SIP returns in the initial years are not uncommon, especially for equity mutual funds. Experts say investors should judge a fund over a full market cycle and switch only if there are signs of structural issues.
NRI tax filing: Moved abroad? Here's when you still need to file an ITR in India
Moving abroad does not end your tax obligations in India. From excess TDS and capital losses to property sales and future tax planning, here's when NRIs should file an ITR.
PFRDA launches NPS PRIDE-Disha: How the new tool helps you choose the right pension fund
NPS PRIDE-Disha lets subscribers compare pension funds using XIRR based on regular contributions instead of only point-to-point returns. The platform uses historical NAV data since 2008 to help investors make more informed fund selection and switching decisions.
NFO Alert: Sunil Singhania-led Abakkus Mutual Fund launches large & midcap fund
Abakkus Mutual Fund has launched the Abakkus Large & Mid Cap Fund, an open-ended equity scheme that will invest predominantly in large-cap and mid-cap companies. The NFO is open until July 29 and aims to generate long-term capital appreciation through a research-driven investment approach.
The ITR due date is near and taxpayers are urged to gather important documents, including interest certificates, to ensure accurate reporting of income. Here is a step-by-step guide to download interest certificate from SBI, HDFC Bank, ICICI Bank, PNB and India Post.
Automatic EPF transfer after job change? Avoid these 6 mistakes to prevent delays
EPFO has introduced automatic PF transfers for eligible members. However, the facility works only if certain conditions are met.
7 mutual funds made complete exit from 14 smallcap stocks in June. Check details
Seven mutual funds fully exited 14 smallcap stocks in June, including Ramco Systems, Gland Pharma and JM Financial, as fund managers reshuffled portfolios to actively manage investments and rebalance holdings.
Mutual funds pour nearly Rs 500 crore across 6 IPOs in June. Check details
RIL, HDFC Bank, SBI among JioBlackRock Mutual Fund's top 10 stock holdings in June
JioBlackRock Mutual Fund's equity portfolio was led by banking majors HDFC Bank and ICICI Bank in June, with Bharti Airtel, Reliance Industries, Larsen & Toubro and Infosys also featuring among its top holdings. The fund house, which managed assets worth Rs 16,614 crore at the end of the month, maintained a diversified portfolio across financials, telecom, technology, industrials and metals, according to Prime Database data.
Mutual funds invested Rs 50,600 crore in stocks during June. They significantly bought JSWInfra, Bajaj Finance, and HDFC Bank. Conversely, Asian Paints, ICICI Bank, and SBI saw major reductions. In midcaps, JSW Infrastructure and Meesho were key additions by funds. Smallcap segment saw buying in Acme Solar Holdings and Craftsman Auto.
