28 C 
Taxpayers with foreign investments must disclose them in Schedule FA when filing income tax returns. Resident and Ordinarily Resident taxpayers are required to report foreign assets, regardless of income generated, to avoid scrutiny. Details here.
Muthoot FinCorp board clears 4,000 crore IPO amid aggressive debt raising plans
The NBFCs board also cleared large-scale borrowing via NCDs and commercial papers, signalling an aggressive capital-raising push
Transport allowance exemption for employees: Who can claim tax relief of up to 1.80 lakh a year?
The tax exemption for transport allowance has been revised, offering higher limits for disabled employees starting FY 2026-27. This change aims to alleviate the burden of commuting costs, ensuring better support for specially abled employees.
Q4 Results Highlights Today, 16th May 2026: Get all the information about the quarterly update information on the companies posting here in this live blog
Govt restricts silver barimports after steep duty hike
Instead of automatic imports, government authorisation now mandatory for shipments
Increase in Customs duty on gold from 6% to 15% alters illicit market dynamics
ITR filing 2026: Key documents you must keep ready before submitting your income tax return form
Filing your income tax return is easier with all documents prepared in advance. Gather income statements, tax documents, and proofs before the deadline to avoid errors and late fees. Full list here.
Credit card default: How bank settlements affect your CIBIL score and future loans
Missing credit card payments can lead to defaults, and may eventually result in a one-time settlement option from banks. However, this can negatively impact credit profiles and future borrowing. Details here.
A 22-year-old earning 1 lakh monthly may need a balanced investment strategy for studying abroad within five years, focusing on growth and stability. Here's what experts suggest.
Section 80EEB of the Income-Tax Act allows a deduction for interest on loans for electric vehicle purchases, up to 1.5 lakh, under the old tax regime. Here are the eligibility criteria and key highlights
Ankur Warikoo's old clip has gone viral in which he explained how Bengaluru techies can save more by ditching Mumbai's same salary. Comparing financial realities of the two top tier cities, he described a master plan for 2 crore savings in 18 years.
Home loan planning tips to avoid costly financial mistakes when buying a family home
Buying a home with family requires smart home loan planning, clear ownership roles, sustainable EMI management, legal agreements, and careful budgeting to avoid financial stress and long-term repayment challenges.
NPS withdrawal overhaul: How you can now plan flexible pension payouts till 85 2 methods explained
The PFRDA has launched Retirement Income Schemes and drawdown facilities under the NPS, allowing subscribers to withdraw retirement funds in phases. This aims to provide flexible payout options while ensuring corpus appreciation, with guidelines effective once operational frameworks are ready.
For a family of four, ChatGPT suggested Kuala Lumpur, Malaysia, as an ideal summer vacation spot, emphasising safety and budget. Total costs for flights, accommodation, meals, transport, and activities range from 1.46 lakh to 2.80 lakh, ensuring a stress-free holiday.
Q4 Results Today, 16th May 2026 Live Updates: Get all the information about the quarterly update information on the companies posting here in this live blog
Petrol and diesel prices increased by 3 per litre, the first rise in over four years, due to global crude price surges linked to the Iran war. CNG prices also rose by 2 per kg in major cities like Delhi and Mumbai.
Gold price today: Gold rates dropped on the MCX on Saturday morning amid a stronger US dollar, driven by elevated crude oil prices. International gold prices declined to an over one-week low, looking set for a weekly decline.
A settled loan status on a credit report can negatively impact credit scores, reduce creditworthiness and hurt future loan approvals, while a closed loan status reflects responsible repayment behaviour and stronger financial credibility.
Bengaluru couples 54,200 monthly expenses go viral, internet debates real cost of living
A Bengaluru-based couple has sparked a discussion online after sharing a detailed breakdown of their monthly expenses in the city.
I asked ChatGPT to plan Ladakh or Spiti Valley trip under 30,000 | It picked
A 10-day trip to Spiti Valley is more budget-friendly than Ladakh, costing around 25,00030,000 per person, compared to Ladakh's 40,00050,000. Spiti offers cheaper travel, accommodation, and food, making it a better choice for a group of eight seeking adventure without overspending.
Account holders and registered bank customers are eager to know whether 16 May is a bank holiday. Check if SBI, HDFC, PNB and other banks are open or closed on Saturday with RBI's holiday calendar.
From 1 April, the gains from a share buyback are taxed by applying capital gains tax provisions, making buybacks taxpayer-friendly. Earlier, the entire proceeds were taxed as dividends at slab rates.
SpaceX accelerates IPO timeline, targets Nasdaq debut by mid-June
The schedule has been moved forward from an earlier late-June target, partly due to faster-than-expected regulatory review
1 lakh monthly salary plan: How much should go to SIP, FD, PPF and emergency fund?
An effective financial blueprint should ideally include allocations to SIPs, fixed deposits, Public Provident Fund, and an emergency fund.
B-khata to A-khata: Bengaluru camps to offer on-the-spot help to property owners from 16 May
Karnataka's Bhoo Guarantee 2026 scheme allows Bengaluru property owners to convert B-Khata to A-Khata with a 60% fee reduction. Full details here.
Marginal relief helps those earning slightly above a certain tax limit, making the tax burden more manageable under both the old and new tax regimes and ensuring fair taxation across all income levels. Full details here.
30 lakh CTC breakdown: How much in-hand salary can you actually get?
The elements of the wage framework include Base Salary, House Rent Allowance, Leave Travel Allowance, Special Allowance, Performance Bonus, Employee Provident Fund, and Income Tax.
Q4 Results Today, May 15, 2026 Highlights: Follow our live updates
SEBI, CBDT ease PAN onboarding difficulties faced by FPIs
CBDT clarifies rules around authorised representatives, TIN and contact details in PAN applications after delays hit onboarding of foreign investors
Rupee breaches 96/$ mark for the first time
However, the rupee closed a shade below the 96 mark, as RBI intervened in the market via dollar sales by State-owned banks.
SEBI expands use of borrowings for highly leveraged InvITs
The move allows funds to be used for capital expenditure, capacity expansion, major maintenance, and refinancing of principal debt under specified conditions
Adanis agree to pay $18 million to settle SEC case linked to Adani Green bond offering
Without admitting or denying the allegations, Gautam Adani and Sagar Adani consented to permanent injunctions barring them from violating Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5.
Thangamayil Jewellery Q4 profit at 142 crore, flags gold demand risk on PM call
Gold jewellery sales surged 105% to 2,503 crore in Q4FY26, while non-gold sales (silver, diamonds, and other products) rose 141% to 227 crore
Silver crashes Rs 21,600 per kg, gold falls Rs 3,200 amid strong dollar
Analysts said rising crude oil prices, inflation concerns, higher US Treasury yields, and global geopolitical tensions weakened sentiment for precious metals.
Gift tax rules explained: Who can give you money or assets without tax implications?
Gifts exceeding 50,000 are taxable under the Income Tax Act as income from other sources. Exemptions apply for gifts from relatives or on special occasions. Full list of exemptions here.
Gems, jewellery exports fall 9% in April on weak demand
Ripple effect of ongoing geopolitical tensions in West Asia, which has led to the trade taking a cautious approach
You can earn up to 69,000 monthly income from 1 crore FD in small finance banks. Here's how
Small finance bank FDs can help deliver attractive monthly income on 1 crore deposits, with senior citizens earning higher returns through competitive fixed deposit interest rates.
Buying or selling property in India as an NRI? Here are the rules you should know
Non-Resident Indians can buy property in India under FEMA and RBI regulations. They may purchase residential and commercial properties, but agricultural land is subject to restrictions.
Sensex, Nifty fall as rupee hits record low and crude oil surges
Inflation fears, foreign investor selling and geopolitical tensions around the Strait of Hormuz weighed heavily on market sentiment
LT Foods posts 26% revenue jump in FY26, but margins slip on US tariff impact
The companys stock closed at 409.35 on the NSE on May 15, down 0.40% on the day, giving it a market capitalisation of approximately 14,199 crore
EPFO plans auto-settlement for final PF withdrawals. How will it benefit its 7 crore members?
The EPFO auto-settlement facility aims to accelerate final PF withdrawals, reduce paperwork and streamline account transfers through a fully digital system for its more than seven crore members.
UPI's per-day and per-transaction limit set at 2 lakh in Europe. What it means for users
The per-transaction and per-day limit for UPI Global Acceptance in Europe (peer-to-merchant) has now been increased to 2 lakh. Each member bank may set its own norms, subject to the overall applicable limits, NPCI has said.
Fujiyama Power Systems posts 87.5% revenue jump, commissions 2,000 MW Ratlam solar plant
Ramping up its network with over 8,900 distributors and dealers across 23 States
Genesys International bags NMCG contract for Ganga aerial survey across four states
Genesys wins contract for Ganga survey to improve river management and pollution monitoring.
Rupee hits record low of 96/$ as oil surge fans economic worries
Rising crude prices and persistent capital outflows pushed the Indian currency to a fresh all-time low.
Gold falls 2% as stronger dollar and rising Treasury yields weigh on prices
Analysts said inflation concerns linked to the Gulf conflict and rising fuel prices have reduced expectations of US rate cuts this year.
22, 24 carat Gold prices down across Indian cities on May 15
Did you receive money in your bank account by mistake? Follow these steps to avoid tax liability
Unexpected bank credits can become taxable unexplained income; follow prompt stepsdo not use funds, notify the bank and sender, document everything, and consult a tax professional to avoid tax liability.
What happens to your EPF account if you become an NRI? Rules explained
The EPF account remains active when an Indian becomes an NRI, but rules for contributions and withdrawals change. NRIs must meet eligibility conditions to withdraw funds online. Details here.
Rupee slides to record low past 96/USD as oil prices climb
The rupees previous all-time low of 95.9575 was hit in the previous session
Gold slips as dollar firms, rate cut hopes fade
Gold import duty expected to rein in demand
How rising crude oil prices and market volatility could impact your personal finances
Stock market volatility driven by rising crude oil prices, FII sell-offs, and inflation concerns reshapes the personal finance outlook, underscoring the importance of disciplined SIP investing, diversification, and long-term wealth creation.
The Senate Banking Committee advanced the CLARITY Act, aiming to regulate cryptocurrencies amid industry tensions. Supported by some Democrats, the bill moves to the full Senate, indicating a shift towards structured crypto policymaking and potential global regulatory implications.
Petrol, diesel prices go up by 3: Why analysts expect more hikes ahead?
The hike comes as global crude surged from around $69 per barrel in February to above $120, driven by the West Asia conflict and supply disruptions in the Strait of Hormuz
Diamond Power Infra crosses 10,000 cr m-cap
In the last 4 yrs, it has turned around from being a NCLT company to commanding an order book of 3,500 cr
India discounts soar to record high on import duty hike; China premiums firm
Earlier this week, India raised import tariffs on gold and silver to 15% from 6%
OMCs, paint stocks slide after fuel price hike
BPCL declines 2.71%, HPCL dips 2.39%, IOCL falls 1.85%
Dollar rides rising yields to largest weekly gain in two months
The US dollars rally has been gathering pace all week on evidence that while domestic inflation is mounting, the US economy remains resilient despite the ongoing West Asia conflict
Bonds slip ahead of auction on fuel hike, US debt rout
The yield on the benchmark 6.48% 2035 bond rose to 7.0591% by 11:30 a.m. IST, compared with 7.0203% on Thursday
Petrol and diesel prices in India increased by 3 per litre, with CNG rising by 2 per kg. This hike aims to offset losses from rising crude oil prices, but concerns about its impact on retail inflation persist, especially in sectors like agriculture and transportation.
Income Tax return filing for AY 2026-27 begins: Check who can file ITR-1 and ITR-4
ITR filing for AY 2026-27 begins as the Income Tax Department enables Excel utilities and online filing for ITR-1 and ITR-4 on the e-Filing portal for eligible taxpayers in the country.
JSW Steel shares hit 52-week high after Q4 results, brokerages optimistic
The companys March quarter performance reflected strong operational momentum as higher steel volumes and better pricing boosted profitability
Rupee Falls 30 Paise to 95.94 Against US Dollar in Early Trade
Foreign Institutional Investors turned net buyers purchasing equities worth Rs 187.46 crore on Thursday, according to exchange data.
In May, Indian consumers experienced a significant rise in fuel prices, with petrol and diesel increasing by 3 per litre, the first hike in four years. CNG prices also rose by 2 per kg, reflecting the impact of escalating global crude prices due to the West Asia conflict.
TMPV shares rally over 8% as India PV strength offsets JLR concerns in Q4, brokerages divided
Tata Motors reported a 7.2 per cent y-o-y rise in consolidated revenue to 1.05 lakh crore in Q4FY26 from 98,355 crore a year earlier
Adani group stocks rise on reports US close to dropping charges against Gautam Adani
Shares of the group's flagship, Adani Enterprises, rose as much as 3.2% in pre-open trade
IT stocks lead Nifty higher as Dow reclaims 50,000; Metals, Defence drag
Infosys, TCS, Tech Mahindra and HCL Tech among top gainers
Q4 Results Today, May 15, 2026 Live Updates: Follow our live updates
Petrol, Diesel Price hike news LIVE: Petrol and diesel prices across India were raised by 3 per litre on May 15, pushing fuel costs higher in Delhi, Mumbai, Kolkata, Chennai and other cities. The hike comes amid surging global crude oil prices and rising geopolitical tensions in West Asia.
Focus on the horizon: Bajaj Finserv's Nimesh Chandan sees Nifty at 27,000 despite volatility
As markets swing on global headlines, Bajaj Finserv AMC CIO Nimesh Chandan says investors should focus on long-term trends, not noise and sees the Nifty heading to 27,000.
Weak opening seen for Indian stocks amid cautious global mood
Market sentiment is likely to remain cautious and headline-driven, with crude oil movement, rupee trend, institutional flows, and global geopolitical developments expected to remain the key drivers for Indian equities in the near term
Explore key stock updates on Adani Group, Inox Clean, IRB Infra, RailTel, and more in the latest market news.
Living in Mumbai on 25,000? Womans monthly budgeting formula goes viral It's hard girl, just own it
A woman claims that 25,000 is sufficient to live in Mumbai, sharing her budgeting tips in a viral video. While some praise her financial skills, others question the feasibility of her budget, noting her expenses seem to exceed her claimed limit.
Sensex today | Stock Market Live Updates: Stock to buy today: Triveni Turbine (578.45) BUY
Sensex, Nifty, Share Prices LIVE: Triveni Turbine share price can make a bullish breakout and go up to 650
Clarity Act clears key Senate hurdle: What it means for crypto users, stablecoins and exchanges
The Senate Banking Committee advanced the Clarity Act, establishing cryptocurrency regulations. With bipartisan support, the bill aims to create transparency in crypto transactions and anti-money laundering rules
How to combine investment styles through factor investing
Factor funds are aligned to indices that are variation of regular indices, but with a specific investment trait
Clarity Act: Long-stalled Crypto market bill wins key Senate committee vote
The Senate Banking Committee advanced a landmark digital asset market structure bill Thursday after months of negotiations, signaling fresh momentum for the long-stalled measure.
EPF account inoperative? Here's what EPFO members can do to access their account Stepwise guide
Worried about inoperative EPF account? Here's a breakdown of how the Employees' Provident Fund Organisation categorises such accounts, how the funds can be redeemed and what steps members can take to recover it.
I asked ChatGPT: How should I spend my first salary? AI gave me the most underrated advice
ChatGPT advises young professionals to avoid lifestyle inflation and focus on building financial systems. Key habits include increasing investments with salary hikes, avoiding fixed obligations, and prioritising income expansion.
Emergency Fund Rule: How much cash should you keep in reserve to protect SIP and FD investments?
Many people mistake a reserve pool for a short-term investment or misinterpret a credit card limit for a buffer.
Rupee closes at record low for fourth straight trading session
Rupee ends at all-time-low of 95.76 per USD
DGFT tightens regulations for import of gold inputs by jewellers for exports
Cap of 100 kg imposed; mandatory physical inspection of manufacturing facilities for first-timers
Delaying SIP by 10 or even five years can have significant impact on your final corpus a difference of as much as 5 crore in the final value. Here's a look at how much wealth 5,000 per month in SIPs over varying number of years, can generate for you
Census 2027 introduces QR code-based ID cards for enumerators to enhance security and reduce cyberfraud risks during door-to-door data collection. Here's all you need to know.
Kaynes Technology Q4FY26 profit declines 21.5% to 91.2 cr amid rising costs, shares down by 20%
The shares of the company was hammered by 20 per cent on BSE and ended the day at 3,339.25
Nifty may hit 42,000 by 2029 on sustained FII inflows: CNI InfoXchange
A report by CNI InfoXchange highlights that sustained FII inflows, rising SIP participation, and structural reforms have strengthened market resilience
Retail participation in F&O trading is on the rise. However, individual traders keep losing significant sums of money, whereas institutions earn through algorithmic strategies. Here's how traders can stay ahead in the game, as advised by ClearTax CEO Archit Gupta.
Bagmane Prime Office REIT ends 3.7% higher at 103.66
IPO received strong bids from investors
Sukanya Samriddhi Yojana returns explained: What yearly investments can grow into
The Sukanya Samriddhi Yojana account is presently providing 8.2% earnings per period, calculated yearly
Public Provident Fund vs Fixed Deposits vs SIPs: Which one should a first-time investor start?
PPF vs FDs vs SIPs: A first-time investor's choice should depend on your particular financial situation and future goals. Take a look below to assess, which works best for your lifestyle and planned retirement targets
