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I asked ChatGPT whether a middle-class Indian couple should spend 1.4 lakh on a trip to Sri Lanka or Singapore. After comparing flights, hotels, food, transport and attractions, the AI delivered a surprisingly one-sided verdictand it wasn't in favour of the more expensive destination.
Should SIP investors panic during a market crash? The maths tells a different story
The periods that feel worst for investors often create the biggest opportunity for SIP wealth creation. Here's how market corrections can boost long-term returns through rupee-cost averaging.
Why ITR filing deadline extension for AY 2026-27 looks unlikely and what taxpayers should do
The ITR filing deadline extension for AY 2026-27 appears unlikely, as filing systems remain stable and compliance is progressing smoothly. This article highlights 5 key reasons and essential steps taxpayers should follow before submitting their income tax returns.
Asian Energy wins 187.6-crore contract from Gujarat State Electricity Corporation
The contract expands Asian Energys footprint into state power utilities
EPF interest rate stays at 8.25%: Should you increase your contribution?
With EPFO holding rates at 8.25%, salaried investors face a sharper question: whether higher guaranteed returns in EPF still outweigh tax rules, liquidity constraints and the rise of market-linked alternatives like NPS.
Income-tax returns: Want to clear your taxes online? Here are the tax payment modes under ePay Tax, explained. We explain the unified ePay Tax service, eligibility, rules and stepwise guide for pre-login and post-login process.
Credit card devaluation explained: 5 steps to protect rewards and maximize credit card benefits
Reward points can lose value faster than you think. Credit card devaluation can reduce benefits, cashback and redemption options. Regularly redeeming rewards, tracking issuer updates and reviewing card benefits can help cardholders maximise rewards and maintain strong financial health.
Teaching children about money management involves providing rewards for responsible behaviour and allocating funds wisely. A structured allowance helps kids learn to plan and make decisions without conflating grades with payment.
DA hike: West Bengal announces 20% increase in dearness allowance for state govt employees, pensioners Check details
Nifty holds above 24,100 at midday; Pharma, IT lead gains as breadth stays strong
Markets have broadly sustained the gap-up opening from the morning, though the Nifty been trading sideways within a tight range since then, testing its 100-day exponential moving average for the second time in three sessions
Income under 12 lakh? Check these income types before assuming your tax is zero
The 12 lakh rebate under the new tax regime applies to income taxed under slab rates. Taxpayers with equity LTCG, crypto gains or lottery winnings may still have tax liability despite earning below the threshold.
Iris Clothings enters quick commerce; stock hits near 52-week high
The company described the move as a strategic expansion of its omnichannel distribution model, which already includes distributor-led sales and Exclusive Brand Outlets
8th pay commission: The 8th CPC panel is holding meetings in Lucknow, Uttar Pradesh today and tomorrow (22 and 23 June). Check here for full schedule of state visits and latest updates on the commission's progress.
ATM fraud explained: Types, risks and 5 smart ways to protect your money
Protect your savings from ATM fraud with simple safety measures. Here we explain common ATM scams, their impact on card users, and five effective ways to prevent financial losses while keeping your banking information secure.
Flair Writing bags 20-crore orders for creative and houseware divisions
The company targets raising the combined share of the two divisions to 3840% of overall revenue in FY27
K2 Infra bags 390.91 crore Telangana road contract
The contract covers construction, upgradation, strengthening and maintenance of selected roads under the Panchayat Raj Engineering Department (PRED) in the Bhongir Circle
The stock rose to an intraday high of 1,344.90 against its previous close of 1,309.50 as investors responded positively to the companys long-term growth roadmap
Rupee falls 15 paise to 94.48 against US dollar in early trade
At the interbank foreign exchange market the rupee opened at 94.42, registering a decline of 9 paise from its previous close
Gold and silver prices rose in India on 22 June, with 24-karat gold at 148,120 per 10 grams. Geopolitical developments include US-Iran talks progressing towards a final deal within 60 days, easing global energy supply threats amid ongoing negotiations.
What is home loan overdraft facility? How it works, benefits and drawbacks | Explained
A home loan overdraft (OD) facility combines the benefits of a home loan and an overdraft account. It allows borrowers to deposit surplus funds into their loan account over and above the regular EMI payments. Borrowers can also withdraw the surplus amount whenever required.
Iran talks jitters, crude uptick temper gains; IT stocks lead Nifty higher in early trade
Sensex gains 360 points and Nifty rises 0.44% in early trade
Rupee set for boost after Iran flags progress on peace talks
Fall in oil prices and positive developments in U.S.-Iran negotiations could lend further support, traders said.
PPFAS Flexi Cap vs JM Flexi Cap: Why it is important to look at risk ratios
Similar returns in mutual funds can hide meaningful differences in risk exposure. Risk ratios such as standard deviation, beta and Sharpe help investors assess performance more accurately.
India bonds likely to start week on cautious note as US-Iran flip flop continues
The yield on the benchmark 6.94% 2036 note is likely to move between 6.823 and 6.88%. It closed at 6.8533% on Friday, posting its fourth consecutive weekly decline.
Gold rebounds from one-week low as Iran cites progress in peace talks
Spot gold was up 0.9% at $4,197.41 per ounce, as of 0238 GMT, after falling to its lowest level since June 11
Rupee to track dollar moves, oil outlook; bonds to react on foreign investor activity
The rupee rose 0.8% last week to 94.32, its best weekly performance in 11 weeks, helped by a drop in crude prices after the U.S.-Iran peace deal.
Corporate FD rates in June 2026: Compare top NBFC fixed deposits offering up to 8.95% interest
Looking for higher returns in June 2026? With corporate FD rates climbing up to 8.95%, investors are taking notice. Here are the leading NBFC fixed deposits that stand out for returns, safety and flexibility.
Sensex today | Stock Market Live Updates: Flat opening seen for Indian stocks
Sensex, Nifty, Share Prices Live Updates: The new week is set to begin on positive note for domestic markets amid strong global cues. Gift Nifty at 24,164 signals the market is likely to open flat-to-positive. However, analysts are cautiously optimistic on Indian markets due to mixed signals emanating from Iran-US deal. Marketmen are also expecting foreign portfolio investors to return as big buyers after prolonged selling.
These 20 stocks will remain in focus on Monday, June 22
Sun Pharma, Aurobindo Pharma, Tata Motors, Aavas Financiers, Patanjali, Power Mech, Texamaco, Deep Industries, Refex Industries, Cranes, Divgi, Shree Refrigeratiions, Kirloskar Oil, Century Enka, Knowledge Marine, Himadri Speciality, GRSE, RVNL will be in focus today
UP employee unions want a formal consultation with the 8th Pay Commission to discuss salary hikes, allowances, fitment factor, service conditions and the concerns of contractual employees before the final recommendations are submitted.
Reserve Bank of India has introduced new rules to combat mis-selling of financial products, effective January 1, 2027. Banks must refrain from incentive structures that encourage aggressive selling and allow customers to file complaints regarding mis-sold products, ensuring refunds in such cases.
EPFO 3.0 aims to streamline PF withdrawal by enabling direct withdrawals into bank accounts through UPI, reducing paperwork and wait times. This will allow instant, paperless transfers, improving access for subscribers compared to the current, cumbersome process requiring withdrawal claims.
A retired ONGC employee won a tax dispute allowing him to claim full tax exemption on 19.06 lakh leave encashment. Details here.
RBI's New 50,000 Flexi Kisan Credit Card: How marginal farmers can unlock credit amid revised norms
The revised directions seek to establish a comprehensive framework for providing adequate and timely credit support to farmers and borrowers engaged in agriculture and allied activities.
Made a mistake in your tax return? Here's how to correct it even after receiving a refund
Taxpayers can correct mistakes in their income tax return by filing a revised return without facing penalties. The deadline for revisions is now extended to March 31 of the following year.
Investing capital gains in an under construction residential property is permissible for claiming the tax exemption, but there are strict timelines
Switched jobs? Here's why you should transfer your EPF balance instead of leaving it behind
When changing jobs, employees often have multiple EPF accounts linked to the same UAN. Transferring these to the current account simplifies management, preserves service history, and eases withdrawals.
Wrong EPF nominee can make your nomination invalid; Who is eligible and how to update or change it
EPF accounts require members to nominate beneficiaries for their accumulated funds and benefits. Ineligible nominations can invalidate claims. Here's who qualifies as a nominee and how you can update or change nominee details.
TCS on car purchases explained: Who pays it, how to claim a refund?
The sale of motor vehicles above a specified value attracts TCS under Section 206C(1F). As per the provision, car dealers or sellers must collect TCS from buyers when the sale consideration of a motor vehicle exceeds Rs. 10 lakh
ITR filing 2026: 5 mistakes that could cost salaried taxpayers dearly
Tax filing mistakes often come to light only after a return is submitted, leading to refund delays, tax demands or compliance hassles. From unreported income to Form 26AS mismatches, here are five errors taxpayers should avoid while filing their ITR.
ITR filing 2026: Can presumptive taxpayers switch between old and new tax regimes every year?
The new tax regime is now default for taxpayers, allowing salaried individuals to choose annually between old and new options. Business income earners face restrictions. Here are the rules that apply to presumptive taxpayers.
Understanding arbitrage funds: Strategy, returns, benefits, risks and key considerations
Arbitrage funds are a type of hybrid mutual fund that aims to generate returns by taking advantage of price differences in the cash and futures markets. These funds must invest at least 65% of their assets in equities and equity-related instruments while following an arbitrage strategy.
EPF withdrawal limits 2026: Marriage, education, home purchase explained
EPFO allows members to withdraw a portion of their provident fund savings for education, marriage, housing and home-loan repayment, subject to specified conditions. Here is a breakdown of the eligibility criteria and maximum withdrawal limits under the latest EPFO guidelines.
An expat in New Zealand underestimated living costs in India, believing 60,000 would suffice for a family of four. A financial advisor revealed that modern expenses in cities like Bengaluru exceed 2.5-3.5 lakh monthly, urging NRIs to reassess their relocation assumptions carefully.
Health insurance portability is the process of moving from your existing insurance policy from one provider to another. It allows you to shift with better benefits without losing most of the accumulated renewal benefits.
Logistics recorded the highest suspected digital fraud rate in 2025 at 16.3%, followed by telecommunications and insurance.
ITR filing AY 2026-27: Why thousands of early ITR filers may need to revise their returns
According to Mrinal Mehta, Joint Secretary at the Bombay Chartered Accountants' Society (BCAS), the growing number of revised returns is largely driven by the continuous updating of taxpayer information in the reporting systems.
ITR filing 2026: What to do if TDS in Form 16 doesn't match Form 26AS
A mismatch between Form 16 and Form 26AS can lead to lower TDS credit, tax demands and refund delays. Here's why taxpayers should reconcile both documents before filing their ITR.
The Income-Tax Department has introduced key changes in how taxpayers report income using the ITR-4 form this tax year and two of these updates are related to income generated from rent. We answer your top FAQs
Gold prices surged over 75% last year, marking the strongest bull run since 1979. Recently, prices in India rose from 135,257 in January to 157,480 in March, a 16% increase, amid strong safe-haven demand and economic uncertainty.
EPFO 3.0 allows 75% PF withdrawal instantly. But can you still withdraw 100% | Here's how
EPFO 3.0 allows members to withdraw 75% of their PF instantly, while 100% withdrawal remains possible under special circumstances like unemployment or natural disasters. New rules eliminate the need for justifying claims, simplifying the process for subscribers.
Fathers Day lesson in financial planning: Why an emergency fund is every familys first safety net
Prepared families recover faster from financial shocks. An emergency fund provides a vital financial safety net, helping households manage medical costs, job loss and unexpected expenses while protecting long-term goals and strengthening financial security during uncertain times.
Critical illness cover: Who needs it and what to watch for
Regular health insurance pays for treatment. Critical illness plans provide a lump-sum payout that can help replace income and cover expenses that arise beyond hospital bills.
AI may change the world. That doesnt make it a good investment
Whether AI is a bubble will be known only after the fact. For investors, the more important question is how much risk they take while waiting for the answer.
Non-salaried individuals, including freelancers and business owners, cannot claim HRA, which are exclusive to salaried employees. But there's another way to do it.
Using ChatGPT or Claude AI to file ITR? Experts warn it may not be as reliable as you think
As tax season begins, professionals are using AI tools like ChatGPT to simplify tax filing despite concerns over reliability. Experts warn that these tools struggle with complex tax situations and lack accuracy, leading to security risks and errors. Details here.
Bullion Cues: Gold and silver futures might drop further
Fall may continue
Indias crypto boom is moving beyond men in metros: How women and small-towns are driving the shift?
India's crypto market is experiencing a shift as women and non-metro investors gain influence, focusing on long-term strategies. This trend fosters a more stable ecosystem, with women showing patience and discipline, while Tier 2 and 3 cities broaden the digital asset landscape.
Will the recent recovery in the rupee against the dollar sustain? Strong dollar and high Treasury yields may play spoilsport
Bihar approves Sindhu Darshan Yatra grant: Pilgrims can claim up to 20,000 travel reimbursement
Named the Sindhu Darshan Pilgrimage Financial Assistance Grant Scheme, 2026, the initiative seeks to support pilgrims by partially reimbursing their travel expenses
Why golddidntbehave like asafe-haven
Though gold has worked as an effectivesafe havenin past market crashes and wars, global gold prices havetumbled 22% since February
Income tax scrutiny: Who could get a tax notice by June 30 and how to respond?
Taxpayers should note that June 30 is the deadline for scrutiny notices under Section 143(2) for ITRs filed during FY 2025-26. Here are cases when you may receive a notice and what to do next.
Can a 29-year-old achieve FIRE by 40 with a 1 lakh monthly home loan EMI? I asked ChatGPT
For a 29-year-old techie with exactly half of their take-home pay wiped out by home loan EMI, I asked ChatGPT if an 11-year window is enough for early retirement.
Pensioners can file income tax returns even after retirement and are eligible for several tax deductions. Options for filing ITR depend on income sources. Full list of available deductions here.
Old is gold: Jewellers efforts to promote recycling pays rich dividend
As of June 15, domestic gold prices have fallen 3.7% while the international prices were down 4.2% from the end of May
Seeking a better work-life balance, the Pon family turned to the FIRE movement. They moved from high-cost Canada to Thailand and then Japan, focusing on family time and financial flexibility.
Sebi has introduced a framework to expedite the transmission of securities to legal heirs, introducing Quick Transmission Processing (QTP) for small-value claims. Details here.
Bank FDs offer senior citizens a secure investment option for managing expenses like medical and living costs. Here is a comparison of fixed deposits from various public, private and small finance lenders
Prime Minister Narendra Modi will release the 23rd installment of the PM Kisan Samman Nidhi Yojana on 20 June 2026. Each beneficiary will get 2,000 tranche payment. Let's find out when, where and how to check payment status.
Income-tax returns: The Income-Tax Department has introduced some key changes in how taxpayer report income using the ITR-4 / Sugam form online for this tax year (FY26 / AY27). Here's all you need to know
Mutual funds are effective for wealth creation, but regular portfolio reviews are essential. Investors should conduct light checks periodically and a detailed review annually to ensure alignment with financial goals, prevent allocation drift, and avoid common pitfalls during evaluations.
India's BoP outlook improves, INR depreciation pressure to ease: Goldman Sachs
Goldman Sachs said India posted a $7.2bn BoP surplus in Q1 CY26 despite softer capital inflows, supported by stronger remittances, robust services exports and low oil imports
Chaired by Justice Ranjana Prakash Desai with members Pankaj Jain and Pulak Ghosh, the 8th Pay Commission will decide on salary and pension hikes of central government employees and pensioners, with recommendations expected next year following stakeholder consultations.
Fresh developments in the 8th Pay Commission have raised expectations among central government employees and pensioners. From extended memorandum deadlines to upcoming state consultations, the latest updates highlight progress on salary revisions, allowances, pensions and fitment factor discussions.
Financial security starts with protection. Life insurance remains a crucial pillar of financial planning, helping families manage uncertainties, safeguard future goals, build financial resilience and create long-term security through adequate coverage, and thoughtful financial preparation.
Dearness Allowance: DA is the component of the basic salary that is periodically adjusted for inflation. Here's all we know about the Punjab, West Bengal and Himachal Pradesh state governments' discussions on respective DA hikes.
Determining retirement needs requires calculating future monthly expenses, factoring in inflation, and estimating the necessary corpus. For example, a current expense of 70,000 may grow to 3 lakh in 30 years, necessitating a corpus of about 5.2 crore for adequate retirement funding.
How are dark patterns causing 25,000 crore loss to consumers annually?
The CCPA issued guidelines in 2023 to prevent and regulate dark patterns. The authority has listed 13 specific dark patterns. It has issued an advisory to strengthen compliance with guidelines and even penalised some platforms. However, the compliance still needs to improve.
PhonePe to charge 100 quarterly fee on wallets inactive for a year: Here's how users can avoid it
PhonePe has introduced a 100 quarterly inactivity fee for wallets not used in 365 days. Users must complete a transaction to avoid charges. Details here.
PM Kisan 23rd instalment 2026: Payment date announced for 2,000; eligibility, eKYC details
Under the flagship income-support programme, eligible farmers receive 2,000 every four months, amounting to 6,000 annually in three equal instalments.
ITR-3 excel utility for AY 2026-27 goes live: Who can file and key details for taxpayers
The I-T department has released the Excel Utility for ITR-3 for Assessment Year 2026-27 on the e-filing portal. Here's who must file this form what changed this assessment year.
I asked ChatGPT how to travel Europe for two weeks with just 1 lakh, it said
An AI-designed two-week Europe itinerary within a 1 lakh budget includes destinations like Budapest, Prague, and Krakw. Focus on off-season travel, budget accommodations, cheap eats, and smart transport for an affordable adventure.
Bandhan Bank hikes FCNR deposit rates up to 7.1% for maturities of 3-5 years after RBI swap move
The move follows the Reserve Bank of Indias recent decision to introduce a USD-INR foreign exchange swap facility for banks on newly mobilised FCNR(B) deposits with tenures of at least three years and up to five years.
Many EPF members are unaware of the free insurance benefits under the EDLI scheme, which provides up to 7 lakh for nominees or legal heirs upon the employee's death during service. Here are the features and how to claim it.
Sensex, Nifty snap 5-day rally amid IT sell-off, global uncertainties
The BSE Sensex dropped 607.08 points to 76,802.90, and the NSE Nifty 50 fell 154.90 points to 24,013.10
Why investing in India equities may be a bad idea for NRIs and how GIFT City can fix it?
Despite NRIs investing about 1.4-1.5 lakh crore in India's stock market for long-term wealth, they face challenges like hidden taxes and currency depreciation.
Sensex, Nifty, Share Prices Highlights: The benchmark BSE Sensex was down 0.78% to 76,802.90, while the broader NSE Nifty 50 index declined 0.64% to 24,013.1, snapping a five-day rally on Accenture-led IT weakness, while HDFC Bank fell after the central bank approved a term extension for the lender's interim chairman.
Rupee records strongest weekly gain since April as bond inflows, softer oil prices lend support
The rupee climbed to 94.21 early in the session as long dollar positions were unwound, but surrendered gains later to end at 94.32 per dollar
