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ESOP taxation can arise at two stageswhen shares are exercised and when they are sold. Here's how salary income, capital gains, fair market value and record-keeping affect ITR filing for AY 2026-27, and how to avoid these common tax reporting mistakes.
Belated vs updated return: Which should you file if you miss the 31 July income tax return deadline?
Taxpayers who fail to file their returns within the original due date still have two other options to complete the process. Here's how belated and updated return work and which one you should choose if you end up missing the July 31 deadline.
Indias out-of-favour stocks find new fans as AI trade reverses
Indian IT shares have been the biggest beneficiaries of the reallocation, with the Nifty IT index surging 16.7% in July as the Philadelphia Semiconductor Index slumped 21%.
Manipal Health Enterprises IPO subscribed 2.54X so far on closing day
The IPO comprises a fresh issue of equity shares worth up to 8,000 crore and an offer for sale of up to 2.16 crore equity shares by existing shareholders
Nifty tops 24,400 as Financials, Auto stocks shine; IT trims morning losses
Bajaj Finance jumps 8.60%, Mahindra & Mahindra advances 4.66%
15 lakh income, different tax liabilities: Why salaried middle class ends up paying highest tax
India's income tax system is progressive - higher incomes are taxed at higher rates. However, the final tax liability depends not just on how much a person earns, but also on how that income is earned.
Filed your ITR in the last hour? These 5 mistakes can trigger a defective return notice
As the 31 July ITR filing deadline approaches, taxpayers should review their returns to avoid errors that may lead to a defective return notice from the income tax department. Here are 5 mistakes can trigger a defective return notice.
Todays Gold Rate in India July 31: Gold prices up in Delhi, Mumbai, Kolkata, Bengaluru, Ahmedabad
22, 24 carat Gold prices up across Indian cities on July 3
8th Pay Commission: 5 latest updates boost hopes for 1.1 crore employees and pensioners
The 8th Pay Commission has stepped up stakeholder consultations with meetings across India. Here are the five latest official updates, and what they mean for over 1.1 crore central government employees and pensioners.
ITR filing deadline today: Here's how much a one-day delay could cost you in interest and late fee
The deadline for income tax return filing is 31 July 2026, with over 5.4 million returns already filed. Taxpayers missing this date face late fees and interest under Sections 234A and 234F. Here's how much you may have to pay if you miss the deadline by just a day.
Thermax shares tumble 16% after Q1 profit slumps 85%
The companys consolidated net profit fell to 22 crore in the first quarter of FY2026-27 from 151.45 crore in the corresponding quarter of the previous financial year.
Rupee unlikely to breach 100 against US dollar even if crude hits $105/barrel: Kotak Securities
Analyzing the macroeconomic risks posed by elevated oil prices, Shrikant Chouhan outlined scenario-based projections for inflation, GDP, and currency volatility
Hyundai Motor India shares rise 7.2% as investors bet on recovery
Hyundai Motor India retains its full year operating margin outlook of 11%-14% and volume growth forecast of 8%-10% even as profits fall
Swiggy shares fall over 5% after Q1 results, brokerages remain divided
Swiggy narrowed its losses in the June quarter to 791 crore, compared with 1,197 crore in the year-ago period.
Rupee rises 20 paise to 95.30 against US dollar in early trade
Rising for the fifth straight session, the rupee surged 26 paise to close at 95.50 against the US dollar on Thursday.
Sensex, Nifty open flat amid global tech rally; Financials surge, IT bleeds
Bajaj Finance gains most, TCS top loser
Gold and silver prices today, 31 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Will the US dollar lose its dominance? History says the decline will be slow
Barry Eichengreens Money Beyond Borders argues that history favours long-lasting reserve currencies and no credible challenger is yet ready to displace the US dollar
Why Old Bridge's Kenneth Andrade is avoiding IT despite attractive valuations
Old Bridge MF founder Kenneth Andrade expects earnings growth to revive this year, remains bullish on pharma and autos, underweight on financials and IT, and sees crude as the biggest market risk.
Fusion Klassroom Edutech raises 11.08 crore from anchor investors ahead of IPO
The edtech company secured anchor investment ahead of its SME listing as it prepares to fund technology, expansion and debt repayment.
Q1 Results Today, 31st July 2026 Live Updates: Stay tuned for more from businessline
ITR filing deadline extension LIVE: The ITR filing due date is today for eligible taxpayers. Some are also hoping for an extension like last year, but experts caution that a similar relief is unlikely.
Gift Nifty signals 100-point gap-up amid strong global cues
Global equity gains and renewed foreign investor buying are expected to support Indian markets despite persistent geopolitical and crude oil concerns
Why these 7 stocks will be in focus on Friday
Major triggers for Infosys, GRSE, M&M, Tata Power, Astra Microwave, Navin Fluorine, Fischer Medical
Taxpayers who file their ITR on 31 July can complete e-verification within 30 days. Here's how the verification timeline affects the filing date, the belated return status and compliance with income tax rules.
As the July 31 income tax return deadline approaches, over 5 crore ITRs have been filed till Thursday. Late filers may face penalties and miss out on benefits like carrying forward losses. Check all consequences here.
Sensex today | Stock Market Live: Stock to buy today: Swiggy
Sensex, Nifty, Stock Price Live Updates: The stock of Swiggy, which has been on a long-term downtrend, started stabilising in May. That is, the downtrend lost momentum and the scrip was largely moving in the sideways band of 235-280. But this week, the stock has gained nearly 18 per cent so far, leading to the breakout of the barrier at 280.
Missing ITR deadline today is like getting Hit Wicket: Tax department urges a Free Hit filing
The Income Tax Department, in a recent X post, reminded taxpayers that 31 July is the last date to file ITR-1 and ITR-2 for AY 2026-27. Complete filing and e-verification today to avoid late fees, interest and compliance issues.
ITR filing 2026: How to report capital gains from shares, mutual funds and ETFs to avoid tax notices
Taxpayers must accurately report capital gains from shares, mutual funds, and ETFs while filing the ITR for AY 2026-27. It is important to choose the correct ITR form, classify gains, reconcile investment records, and report only realised gains to avoid discrepancies and scrutiny.
Does Indias DIY mutual fund boom needs structured assistance?
Over 5-6 crore Indians now invest in mutual funds, thanks to digital platforms. While ease of access has increased, first-time investors face complexities in asset allocation. Future investing will require curated advice and structured assistance to ensure successful long-term portfolios.
EPFO: Submitted a claim? Here's what the status message means and timeline for settlement process
Employees' Provident Fund Organisation: Today we look at how much time EPF claims take to be settled, what the status message means, and what subscribers can do to rectify any delays and complete the process.
A financial master sheet won't make you richerbut it could save your family from economic chaos
A financial master sheet is a single document that records the family's financial and administrative details, showing what assets exist, where they are held, and where supporting documents are stored.
Large-cap funds have seen their alpha generation decline over the years compared with the Nifty 50 TRI. While funds outperformed strongly during 2000-2009, the advantage narrowed in the following decade and turned negative after 2020.
Prithvi Exchange launches new branches in Thane and Ghatkopar
The expansion takes the companys nationwide network to 38 branches
Tanishqlaunches new uncut diamond collection for southern market
The collection, called Narumugai, has necklaces, chokers,haars, earrings, bangles, bracelets, rings,pendantsand bridal jewellery
Groww drove 48% of new SIP growth since FY17
Report says Groww contributed 37% of the increase in active NSE clients between FY20 and FY26
Not reporting bank interest or LTCG in your ITR? Avoid these 2 common tax filing mistakes
Many taxpayers mistakenly assume that TDS-deducted income or tax-exempt LTCG need not be disclosed in their ITR. Such omissions can create mismatches with AIS and Form 26AS, leading to tax notices or adjustments even when no additional tax is payable.
The Maharashtra government has approved incentive allowance equivalent to 30% of basic pay for police officers and personnel in the Anti-Narcotics Task Force (ANTF) under the 7th central pay commission.
Sensex, Nifty, Stock Price Updates: The benchmark indices Sensex and Nifty closed in the green on Thursday. The Nifty50 settled at 24,317.15, up 66.95 points or (0.28%) firmer. The Sensex closed at 77,928.15, up 273.55 points or 0.35% higher.
Lemonn revenue up 800% YoY to 8.97 crore in May amid industry-wide slowdown
Retail order volumes during this period increased 9.08x, rising from 3.05 lakh to 27.71 lakh orders, while the number of active retail traders grew 5.14x, from 4,722 to 24,309
The government says the income tax e-filing portal can process up to 1 crore ITRs a day, but experts say taxpayers should not mistake higher capacity for a risk-free last-day filing experience. Here's why they don't expect an extension yet, and why waiting until July 31 could still be costly.
Active large-cap funds may not provide as much diversification as many investors expect. A study shows their sector allocations and stock portfolios closely mirror the Nifty 50, with the overlap becoming even higher among the largest funds.
The income tax return filing season is nearing its end, with over 5 crore returns submitted. A significant question on the ITR form is causing confusion. Here's how to respond to it.
DA hike: West Bengal state government employees will receive their 20% dearness allowance increase and salaries for October before Durga Puja festivities, according to Chief Minister Suvendu Adhikari.
Fed holds, but hawks loom: Nifty ends positive as geopolitical risks keep markets on edge
The Nifty 50 settled at 24,317.15, up 67 points or 0.28 per cent, while the Sensex gained 274 points.
EPF subscribers are facing issues with overlapping employment records and missing data on the EPFO portal after its recent system migration. Lawyers explain whether employers can reject your job application solely due to EPFO portal error.
Rupee ends nearly flat, wedged between oil swings, RBI intervention
The rupee closed at 95.68 per US dollar, little changed from 95.6475 in the previous session.
After filing ITR, taxpayers may receive notices due to mismatches in income, incorrect ITR forms, pending tax demands or any scrutiny by the Income Tax Department. Understanding why these notices are issued and how to avoid them can help ensure timely compliance and prevent penalties.
RBI sold about $7 billion to defend Rupee on Friday
The currency traded at 95.7437 per dollar on Thursday, about 1.3% away from the record low
Section 10(14)(i) of the Income Tax Act offers exemptions on specific salary allowances, but only for genuine official expenses. Understand eligibility rules, documentation requirements, common mistakes and practical tips to claim tax benefits correctly while avoiding interest and penalties.
Why Dabur shares fell 2% despite strong Q1 numbers
Dabur reported consolidated revenue of 3,764 crore for Q1 FY27, up 10.6 per cent year-on-year
Many salaried taxpayers assume ITR-1 is the correct form, but additional income or a job change could require a different return. Experts explain the key checks to complete before filing your income tax return.
Received an income tax notice under Section 139(9)? Here's what it means and what to do
A Section 139(9) defective return notice and other income tax notices require timely action to avoid compliance issues. Experts explain how taxpayers should respond to Sections 139(9), 143(1), 142(1) and 148 notices, helping protect tax benefits and prevent unnecessary complications.
Nifty trades flat in narrow band; IT leads, banks drag
Banking stocks continued to underperform the broader market, with ICICI Bank and Axis Bank among the top drags.
Gold futures slip to 1.41 lakh/10g on firm US dollar
On MCX, the yellow metal for August delivery fell by 181, or 0.13% to 1,41,600 per 10 grams.
Veritas Finance refiles IPO papers; eyes 900 cr via fresh issue
The proposed IPO also includes an Offer for Sale (OFS) of up to 1.28 crore equity shares by existing shareholders
ICICI Prudential MF buys stake in Go Digit General Insurance for 139 crore
The block deal comes as Peak XV continues trimming its investment in the insurer, while Go Digit shares gained over 1%.
Todays Gold Rate in India July 30: Gold prices up in Delhi, Mumbai, Kolkata, Bengaluru, Ahmedabad
22, 24 carat Gold prices up across Indian cities on July 3
Indias gold demand falls 6% as volatile prices turn away consumers
However, demand for gold is still high in value terms, which actually means consumers are buying gold as per their budget, says Sachin Jain, Regional CEO-India, World Gold Council
Tracking error explained: What every passive investor should know
Passive funds aim to mirror benchmark returns, but market frictions create gaps. Here's how tracking error differs from tracking difference, why it occurs, and what investors should watch.
Non-Resident External (NRE) fixed deposit rates from DCB Bank, YES Bank, RBL and other banks offer NRIs returns of up to 7.50%. Compare interest rates, tax benefits, repatriation rules and key factors before investing in Indian NRE term deposits.
Why personal accident insurance can't replace term insurance
A cheap personal accident policy may seem like a smarter buy than term insurance in your 20s. But the two protect against different risksand one cannot replace the other.
MV Electrosystems IPO opens strong, gets 45% subscription in 30 min
The company plans to expand propulsion system capacity and strengthen working capital using proceeds from the 290-crore public issue.
Gold holds modest gain after Federal Reserve keeps rates steady
Traders pushed down yields on the most short-term Treasuries, a reflection of how they rapidly scaled back bets on immediate rate hikes, and pushed out their forecasts for an increase to later in the year
Bond SIPs: convenience, higher yields, and hidden risks
Bond SIPs make investing in direct bonds easier through automated monthly purchases. But they don't eliminate credit risk. Here's what investors should know.
Arbitrage funds have emerged as the best-performing hybrid mutual fund category in 2026 so far, outperforming their peers amid volatile equity markets. Here's why the category is leading and the schemes that have delivered the highest returns over one and three years.
Indo-MIM Listing Today: Shares list at 45% premium over IPO price
Robust institutional participation and strong IPO demand powered the companys impressive debut, with analysts expecting near-term volatility after sharp gains.
Waaree Energies shares fall over 6% despite 850 crore Q1 profit
Domestic brokerage JM Financial said the companys first-quarter performance was an all-round miss. The brokerage said revenue stood at 79 billion, including one-off revenue of 3.5 billion.
Rupee Rises 13 Paise to 95.63 Against US Dollar in Early Trade
Domestic equities and foreign fund inflows support the rupee, while a stronger dollar limits gains.
A Reddit user shared that their mother sold inherited property for 50 lakh in cash to a builder, lacking a banking trail. Experts warn of possible penalties and explain ITR filing rules.
Juniper Green Energy IPO opens today at 214-225 price band
Juniper Green Energy develops, builds and operates utility-scale solar, wind, hybrid and battery energy storage projects across India.
Nifty opens flat amid Fed split, crude surge and US-Iran flare-up
The muted opening followed a sharp overnight sell-off on Wall Street, where the Dow Jones Industrial Average shed 2.2 per cent and the Nasdaq fell 1.7 per cent
Gold and silver prices today, 30 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
Q1 Results Today, 30th July 2026 Live Updates: Stay tuned for more from businessline
Over 5 crore ITRs have been filed for AY 2026-27. Filing your return by 31 July can help build a consistent tax compliance record, which may support future home loan applications and help lenders assess income stability and repayment capacity.
The Centre has clarified that the 8th Pay Commission is not required to keep the government informed about its deliberations, including proposals on the fitment factor. It also declined to comment on employee demands, saying the Commission will determine its own procedure.
Indian stocks set for flat opening amid global headwinds
A stable rupee, easing volatility and sustained FPI inflows could help cushion domestic equities against mounting global uncertainties.
The 8th Pay Commission may consider higher annual increments for central government employees as proposed by several prominent unions. A 5% increment scenario shows Level 1 basic pay rising from 18,000 per month to around 24,200 per month in five years.
Why these 10 stocks will be in focus today
From Dr Reddys Laboratories and Sun Pharma to NBCC, GAIL, UPL, Tata Chemicals and Hirect, these companies have announced significant regulatory, operational and business developments that could drive stock-specific action in Thursdays trading session
Sensex today | Stock Market Live: Stock to buy today: Signatureglobal (India)
Sensex, Nifty, Stock Price Live Updates: The stock of Signatureglobal (India), which has been on a long-term downtrend, has started showing signs of a recovery. The price action since April shows that the stock has formed higher bases, and it also indicates that the bears have lost momentum. While it is too early to call it a bullish trend reversal, we forecast the near-term outlook to be positive.
ITR filing deadline: Can freelancers declare earnings as business income? Tax experts explain
Freelance income cannot always be reported as business income in ITR filings. Here is when earnings qualify as business income, salary, or other sources; common filing mistakes; presumptive taxation rules; and expert tips to avoid tax notices and ensure compliance before the 31 July deadline.
ITR filing 2026: Why 31 July is not the deadline for all salaried taxpayers and who gets more time
The 31 July ITR filing deadline may not apply to all salaried taxpayers. The applicable due date depends on the taxpayers overall income profile, ITR form, and audit requirements. Those with business or professional income may get additional time.
Large & mid-cap funds have historically delivered a balance between returns and volatility. Over the past 5 years, the benchmark index gave 14% returns, compared with 10% for large-caps and 18% for mid-caps.
Despite varying investment strategies, some small-cap stocks are common across mutual fund portfolios. The latest analysis reveals the 10 most widely held small-cap stocks, with PNB Housing Finance featuring in 146 schemes, followed by Crompton Greaves and RBL Bank.
Taxpayers who filed their ITR in May or June should revisit their return before the 31 July deadline. Checking e-verification status, AIS, TIS, Form 26AS, TDS credits, bank details and reported income can help avoid errors and refund delays.
Gold loan portfolio to jump to 30 lakh crore by March 2028: Report
The last two fiscal years ending March 2026 have seen an annual growth of 38% in gold lending, with banks growing their books at 35% and NBFCs at 54%
The CPC first verifies that you've used the correct ITR form, filled in all mandatory schedules, and that there are no calculation errors. If it finds major issues, you may receive a defective return notice.
Hidden risks of UPI Autopay: Nykaa AVPs LinkedIn post sparks debate about free trials
Lokesh Ahuja from Nykaa shared a cautionary tale about hidden AutoPay mandates after teaching his mother how to make UPI payments. He emphasises the importance of digital literacy.
Sensex, Nifty rise as investors shrug off Iran attack; IT stocks lead fourth straight rally
Nifty IT index surges 2.3% for fourth consecutive session, extending its three-day rally to around 8% and its monthly gain to over 17%
