Investors should update their nominee details after the nominee's death. The assets remain valid, but failing to appoint a new nominee can lead to delays and additional paperwork for beneficiaries in claiming investments later. Details here.
When making your financial plan, you can use systematic investment plan to build an emergency fund. Here's how to calculate how much to invest monthly using the 3-6-9 rule. We explain
A slowdown in demat account openings indicates a shift from speculative trading to long-term investing, says ClearTax CEO Archit Gupta. Here's why.
Warren Buffett is giving away $140 billion to charities. But what happens to the taxes?
Warren Buffett plans to give away his $140 billion stake in Berkshire Hathaway by 2034, donating 12 million shares to four foundations. He emphasises his children's responsibility in managing the wealth while facing criticism over the effectiveness of foundations for aiding vulnerable Americans.
ITR deadline: While the overall e-filing process has become quicker, the process can be daunting for first-time filers. Here are five key things taxpayers should know to prepare before filing ITR.
EPFO underpaid EPS pension by 1,350; consumer commission orders refund with interest
A consumer commission ordered EPFO to refund 1,350 plus interest after miscalculating an employee's EPS withdrawal benefit. The commission ruled that EPFO used the wrong factor for calculations, leading to a shortfall in the payout. Details here.
Women awaiting payments from the Annapurna Bhandar scheme are checking the status of their funds. The scheme replaces the Lakshmi Bhandar and offers helpline numbers for assistance. Possible reasons for delayed payments include banking issues and incorrect application information.
Did not file your ITR yet? Why waiting for a deadline extension could hurt your wallet
Missing the ITR deadline leads to penalties and interest on the unpaid taxes where applicable. Here's why a due date extension is unlikely this year and hence taxpayers should consider filing their tax returns on time.
EPFO: Today, look at how EPF subscribers can check their claim status for provident fund withdrawal, transfer, or pension fund in real-time using the official portal, Umang mobile app, SMS and missed call options.
ITR filing 2026: Can professionals and business owners change their tax regime every year?
The new tax regime is the default for taxpayers, with salaried individuals able to choose annually. Business income taxpayers face restrictive rules, allowing a one-time switch between regimes.
Fixed deposits offer senior citizens stable returns, protecting their savings from market volatility. Leading small finance banks provide competitive rates for different tenures.
How to pay income tax online? Step-by-step guide and payment modes available
The e-pay tax facility is a convenient option to pay taxes online as it allows payments via both pre-login and post-login options, and supports multiple payment methods. Details here.
8th pay commission: From pension revision to various leaves and increment schedule Here's the full list of demands for allowances and benefits made by the NC-JMC for government employees and pensioners.
India's first REIT mutual fund launched: Edelweiss NFO opens August 5; key details
Edelweiss Mutual Fund has launched India's first REIT-oriented mutual fund, with the NFO opening on August 5. The passive fund will track the Nifty REITs & Realty Total Return Index, offering exposure to listed REITs and real estate companies through a single investment.
Property bought using NRI husband's funds? ITAT deletes 80 lakh tax addition
Mumbai ITAT ruled that a taxpayer cannot be taxed for unexplained investment merely because one remittance document is unavailable if the entire transaction is otherwise backed by credible evidence.
Income Tax Department launches foreign assets report on e-Filing portal, here's how to check
The Income Tax Department has launched a new Foreign Assets Information report on the e-Filing portal, allowing taxpayers to view overseas financial data received from foreign jurisdictions.
Gold edges up as Brent eases, West Asia developments in focus ahead of Fed meet
Bullion has fallen about 23% since the US-Iran war began in February, pressured by expectations that war-driven inflation could keep interest rates higher for longer
ITAT has ruled that administrative controls such as attendance, fixed timings and leave approval do not, by themselves, create an employer-employee relationship. The tribunal quashed a 9.48 lakh tax demand, holding that contractual teachers were independent professionals.
Q1 Results Today, 25th July 2026 Live Updates: Track all the latest Q1 FY27 earnings announcements, corporate developments and management commentary as companies report their June quarter results.
8th Pay Commission schedules Delhi meetings on Aug 7 and 10; July 31 deadline for employee bodies
The 8th Central Pay Commission has fixed August 7 and 10 for the next round of stakeholder consultations in Delhi. Employee associations that have already submitted memorandums can seek appointments until July 31, while more state-wise consultations are planned.
Minimum pension scheme for all? Government clarifies there is no such proposal
The Centre has clarified that it is not considering a universal minimum pension scheme for all citizens. According to an ET Online report, the government instead highlighted existing social security provisions under the Code on Social Security, 2020.
Metal ETFs shine in uncertain market: Should you invest now?
The performance of metal ETFs depends on the state of the economy, as they invest in industrial metals. While they are expected to grow during economic expansion, they carry more risk than gold and silver ETFs.
FM Sitharaman asks I-T dept to crack down on tax evaders, ease compliance for honest taxpayers
Finance Minister Nirmala Sitharaman called for firm actions against tax evaders while prioritising convenience of honest taxpayers. Details here.
Lords Mark Industries to issue shares at 158 apiece
Lords Mark Industries will issue over 10.28 lakh equity shares to Bennett, Coleman and Co at 158 apiece, signalling institutional confidence in its growth strategy
Q1 Results Today, July 24, 2026, Highlights: Follow businessline for more updates
EPFO: Want to claim provident fund after EPF member's death? Here's how Stepwise guide for families
Today, we take a look at how the family (nominees or legal heirs) of an EPF subscriber can claim the provident fund savings amount after the member's death. Here's a stepwise guide
EPF members can retrieve their forgotten UAN online via the EPFO portal or through SMS and missed call services. Details here.
Regal Jewellers will enable customers to purchase jewellery directly from the manufacturer at wholesale price
Xtranet Technologies IPO subscribed 1.96 times, driven by retail investors
The issue closes on July 27, 2026, with shares scheduled to list on the BSE and NSE.
9,330 crore lies unclaimed in inoperative EPF accounts: Here's how to check and claim your money
The sizeable amount locked in such accounts indicates that many workers have either not withdrawn or transferred their EPF balances.
Lohia Corp IPO sees increased retail interest on Day 2, subscription hits 0.59 times
Retail investors cross fully subscribed mark
Sumeet Industries raises 200 crore through rights issue to fund expansion
Sumeet Industries expects the recommissioning of the Nakoda CP Plant in Q1 FY28 to double its production capacity, strengthen backward integration and drive future growth
Indo-MIM IPO surges to 3.07x subscription on day 2; NII category crosses 8 times
With one day of bidding remaining, the issue closes July 27, 2026, all categories are now fully subscribed
The government penalised the MSP of the income tax e-filing portal due to an extension of the ITR filing deadline caused by technical issues in FY 2025-26. Here's why an extension this year is unlikely.
Fixed Deposits: Should you park 10 lakh in one FD or split it? Pros and cons explained
The better option depends on your financial objectives, liquidity needs, investment horizon and comfort with risk.
The West Bengal government has officially constituted its 7th central pay commission. The finance department's resolution states that the panel will review allowances, salaries and service conditions for state government employees and pensioners.
Indias forex reserves rise by USD 1.08 billion to USD 676.24 billion
The increase was driven by a USD 4.55 billion rise in foreign currency assets, which more than offset a USD 3.48 billion decline in gold reserves
SEBI proposes foreign investments, unhedged short positions for portfolio managers
The draft regulations also propose investments in to be listed securities, limited exposure to investment-grade unlisted debt, a Mutual Fund-only PMS framework and simplified compliance norms
Gifts received during the financial year may be taxable and need to be reported in the income tax return. Taxpayers should be aware of exemptions and the new reporting field for non-taxable gifts to maintain compliance.
The Odisha government has approved a 5% increase in dearness allowance for state employees and pensioners, effective January 2026. Here's a look at who's eligible and how it works
Brokers call: United Spirits (Reduce)
Choice Equity Broking
Monsoon respiratory infections: What your health insurance covers and when claims may be denied
Seasonal respiratory infections can lead to expenses beyond a doctor's visit. Here's what your health insurance is likely to cover, where claims may be denied, and the policy features to check before the monsoon season.
Rupee recovers 18 paise to settle at 96.55 against US dollar
Rupee opened weaker at 96.81 and traded in the range of 96.30-96.81 before eventually settling at 96.55 (provisional), up 18 paise from its previous close.
Sensex, Nifty, Share Prices Highlights: Indian benchmark indices ended lower for a fifth straight session, with the Sensex falling 331 points and the Nifty losing 102 points, as concerns over US tariffs and West Asia tensions outweighed gains in IT stocks and a recovery in the rupee.
Mid-cap funds beat all equity categories over 1, 3 and 5 years, here are the top-performing schemes
Mid-cap funds have outperformed every equity mutual fund category over the last one, three and five years. Here's how the category fared and the schemes that delivered the highest returns.
RBI ramps up rupee support across markets as currency faces pressure, traders say
RBI likely intervened in the dollar-rupee non-deliverable forward (NDF), onshore spot and forward markets
Todays Gold Rate in India July 24: Gold prices down in Delhi, Mumbai, Kolkata, Bengaluru, Ahmedabad
22, 24 carat Gold prices down across Indian cities on July 24
Mphasis posts Q1FY27 revenue growth of 9.9% y-o-y, eyes best sequential quarter in three years
The companys stock traded at 2,235.50 on the NSE, peaking at 2,340, but remains 26% below its 52-week high of 3,037.20 from September 2025
Can the Income Tax Department issue a notice after a taxpayer's death? Allahabad HC answers
The Allahabad High Court has ruled that an income tax notice issued after a taxpayer's death is legally invalid. Here's what the judgment means for legal heirs and when the Income Tax Department can still recover dues.
Nifty pares losses from days low but stays in red at mid-session
Breadth on the BSE remained decisively negative, with 2,163 stocks declining against 1,752 advances out of 4,138 stocks traded.
PTC Industries bags artillery gun component order from gun factory Kanpur
The order includes engineering, manufacturing, and validation of high-integrity components for artillery systems, designed to endure severe load, shock, and vibration
Government warns against job scams; NCS registration, applications and interviews remain free
The Ministry of Labour has warned of rising online recruitment scams. It reminded job seekers that National Career Service (NCS) services are free. Fraud should be reported to helpline 1930 or the National Cyber Reporting Platform (NCRP).
Allied Blenders reports flat Q1FY27 profit as supply chain disruptions dent margins
Income from operations increased 5.8% year-on-year to 984 crore, up from 930 crore, driven by 10.7% volume growth in the Prestige & Above segment and 2.3% in Mass Premium
Highway Infrastructure bags 28.69 crore NHAI toll contract
The Indore-based company will manage fee collection at the Kozhinjipatti Fee Plaza on the DindigulSamayanallur section of NH-44 in Tamil Nadu.
UAEs First Abu Dhabi Bank offers $1.5 billion for India expats FX programme
The United Arab Emirates largest lender is targeting customers based in West Asia and is in talks with banks in India that could issue standby letters of credit to back the financing
Caliber Mining and Logistics shares list at up to 18.8% premium over IPO price
At 10.44 am, the stock traded 15% above the offer price at 486, hitting a high of 510 on the NSE
Cipla shares rise 3.7% despite Q1 profit fall, brokerages remain cautious
The companys Q1 PAT decreased to 789 crore from 1,298 crore last year, while total revenue rose to 7,119 crore from 6,957 crore
Switched jobs? Your EPF may not transfer automatically unless you meet these conditions
EPFO now automatically transfers EPF balances for eligible members after a job switch, removing the need to file a transfer claim in many cases. But the facility works only if specific conditions are met and missing records can still hold up the transfer.
Meesho shares fall 6% despite narrower Q1 loss
Meesho provided long-term growth guidance of 25% CAGR for the next five years, with higher growth expected in the initial years and lower growth in the latter years
Gold softens on prospects of Fed rate hikes as Brent tops $100
Spot gold eased 0.4% to $4,030.09 per ounce by 0333 GMT, with prices down more than $130 from a two-week high hit on Wednesday
Infosys shares fall over 2% after Q1 results; brokerages trim target prices
The stock traded at 1,032.70 at 9.37 am on the NSE, hitting a low of 1,023 from the previous close of 1,047.40
Rupee Rises 22 Paise to 96.51 Against US Dollar in Early Trade
The rupee ended 20 paise weaker at 96.73 against the US dollar on Thursday.
Nifty slips below key support as crude tops $100, tech selloff rattles global markets
The realty sector was among the hardest hit, recording the steepest sectoral decline of 1.75% in the previous session, with selling pressure persisting across most major sectors.
Health insurance claim rejected over hospitalisation? Court rules in policyholder's favour
A Delhi consumer commission has ruled that health insurers cannot reject claims merely by declaring hospitalisation medically unnecessary without evidence. The order reinforces that a treating doctor's clinical judgment cannot be replaced by an insurer's assessment.
Q1 Results Today, July 24, 2026, Live Updates: Follow businessline for more updates
ITR filing: Section 143(1) tax demand explained; steps to avoid penalties and disputes
A Section 143(1) tax demand does not always mean your ITR is wrong. Here's why taxpayers receive this notice, how to verify mismatches, respond correctly through the Income Tax e-filing portal and avoid penalties.
Temasek-backed Manipal Health seeks to raise $960 million in IPO; price band set at 560-590
Manipal Health will start taking investor orders on July 29 and plans to close bidding on July 31.
Nifty may lose nearly 200 points at open amid global headwinds, renewed US tariffs
Rising crude oil prices, unwinding of yen carry trade, fresh US tariffs, weakening rupee to hurt market sentiment
Sensex, Nifty, Share Prices Live Updates: Rising crude oil prices, unwinding of yen carry trade, fresh US tariff, weakening rupee to hurt market sentiment
ITR filing deadline 2026: 5 income tax penalties every taxpayer must know for AY 2026-27
Five income tax penalties applicable for AY 2026-27 include late Income Tax Return filing fees, revised return charges and misreporting penalties. Here's why filing your ITR before 31 helps avoid fines, delays and tax notices.
The 8th Pay Commission could significantly raise HRA for Level 15-18 Central government employees if a higher fitment factor is approved. Illustrative estimates indicate monthly HRA may reach 1.93 lakh in X-category cities, though final revisions await the government's decision.
SIFs are designed to improve risk-adjusted returns: Edelweiss' Bhavesh Jain
Instead of focusing only on headline returns, investors should start looking at risk-adjusted returns, says Edelweiss Mutual Fund's Bhavesh Jain
Today we explain how investors with unclaimed LIC insurance amounts or inoperative EPF accounts can check their dues and make claims online facilitated by the Centre's Your Money Your Right campaign.
Here's a comparison of NRE and NRO accounts, along with the latest interest rates offered by leading lenders such as State Bank of India, HDFC Bank, Punjab National Bank and Axis Bank on fixed deposits with tenures ranging from five to 10 years.
Provident Fund: Forgot your UAN? Here's how to instantly recover your PF number online
Assigned by the EPFO, the UAN is a permanent 12-digit code that stays with you throughout your professional career.
Elevate Campuses plans to raise 2,550 cr via IPO in August
Elevate Campuses to use 1,100 crore of IPO proceeds to acquire portfolio of 14 K-12 school assets and campuses from affiliates of its promoters
The West Bengal government has constituted the state's 7th central pay commission and appointed former IAS officer Atanu Chakraborty as Chairman of the panel. Here are the latest updates from the state...
SEBI weighs risk-based margin framework to boost cash market participation
The proposal could lower upfront margins for trades in highly liquid stocks by around 10-15 percent
Lohia Corp IPO sees muted response on day 1; subscription at 0.39x
The IPO, priced at 404425 per share, received bids for 56.38 lakh shares against the 1.43 crore shares on offer
Crude surge, Iran tensions drive Nifty to fourth straight loss
Realty stocks were the worst performers, falling nearly 1.8 per cent, while chemicals, PSU banks, and oil and gas stocks were also among the key laggards
Brokers Call: Hindustan Aeronautics (Buy)
Anand Rathi Research
Aastha Spintex board clears 1:1 bonus issue, expands into value-added textiles
The company will raise its authorised share capital to Rs 100 crore for the bonus issue and support its expansion into value-added textile products
Sensex, Nifty, Share Prices Highlights: Sensex settled 363.66 pts or 0.47% lower at 76,391.39; and Nifty 50 fell 126.65 pts or 0.53% to 23,869.60.
The Karnataka High Court ruling clarifies that property received by a father from his own father does not automatically become ancestral. Children cannot claim a birthright in such assets if they remain the father's self-acquired property.
Rupee slips 4 paise to settle at 96.57 against US dollar
Forex traders say likely intervention by RBI provided support to rupee
Cash deposits below 10 lakh can still attract an Income Tax notice. Here's why
The 10 lakh threshold under Rule 114E only determines when banks must report cash deposits through the Statement of Financial Transactions (SFT). It does not prevent the Income Tax Department from seeking information about deposits below that limit where required under the Income-tax Act.
Section 44ADA allows eligible professionals to pay tax on 50% of their gross receipts as taxable income, treating the rest as a deemed expense deduction. The scheme applies to specified professionals with receipts up to 50 lakh, extendable to 75 lakh if cash receipts are within 5%.
Over 3 crore ITRs already filed: What happens if you miss 31 July deadline? Tax experts explain
With more than 3 crore Income Tax Returns already filed, taxpayers have a limited time before the 31 July 2026 deadline. Missing it can lead to late-filing fees, interest, refund delays, psychological stress, and loss of tax benefits, making timely filing essential.
Small-cap investing has historically delivered strong return potential but with frequent sharp corrections. Data from Nifty Smallcap 250 TRI show that staying invested through volatility and adopting disciplined approaches, such as SIPs, reduces the impact of market timing on long-term outcomes.

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