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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.
Mid-cap funds aim to outperform their benchmark through active management, but not all succeed. There are currently eight mid-cap funds with a negative alpha, with Taurus Mid Cap Fund having the lowest alpha of -7.20.
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.
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.
Brokers Call: Orient Cement (Accumulate)
Elara Securities
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
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.
ACME Solar shares slip 1.6% as market digests record Q1 numbers
The decline came a day after the company filed its Q1 FY27 investor presentation with exchanges
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.
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.
Section 10 of the Income-tax Act: Misusing these provisions to save tax may result in a 200% penalty
With the ITR deadline approaching, Section 10(14)(i) offers tax-saving potential for salaried employees. However, misuse can lead to scrutiny and hefty penalties. Experts explain eligibility, rules and consequences of false claims.
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
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.
What is ITR-BN? CBDT notifies new income tax return form; check eligibility and filing details
The CBDT has introduced the ITR-BN form for block assessments from search and seizure cases. Effective from April 1, 2026, it applies only to taxpayers receiving such notices, aiming to streamline reporting of undisclosed income. Details here.
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
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.
ITR due date extension 2026 LIVE: Who must file tax return even if their income is not taxable?
ITR Due Date Extension 2026 LIVE: The due date to file ITR is tomorrow. The government extended the deadline last year due to technical glitches, but a similar relief is unlikely this time, experts have repeatedly warned.
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
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.
With the July 31 ITR filing deadline approaching, the Income Tax Department says over 5 crore returns have already been filed for AY 2026-27. Here's who should file ITR-1, who needs ITR-2, and why you shouldn't wait until the last minute.
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 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%
Would your family know how to access your wealth in an emergency?
A single, regularly updated financial master sheet can organize scattered accounts, key legal documents, and vital contacts before a crisis hits.
Rupee extends gaining streak, up 16 paise at 95.66 against US dollar
Buying in domestic equity markets and lower crude oil prices lift rupee
SIPs help reduce entry-timing risk through rupee-cost averaging but cannot shield investors from valuation, liquidity, concentration or fund-selection risks. Investors should not mistake SIPs for a complete risk-management strategy.
ITR filing deadline: After 4 extensions in last 5 years, why AY 2026-27 may not get extra time
As the 31 July deadline for filing ITR approaches, taxpayers hope for an extension like in previous years. Here's why AY 2026-27 is different for tax filing.
Expecting an income tax refund this year? Filing your ITR is only half the job. Simple mistakes like an unvalidated bank account, TDS mismatch or pending tax demand can delay your refund even after the return is processed.
FD rates in July 2026: Small finance banks offer up to 8.10%; compare returns from 7 leading lenders
July 2026 FD rates show small finance banks offering up to 8.10% interest, ahead of leading private and public sector banks. Compare FD rates, tenures and key investment factors across seven major lenders before booking a fixed deposit to secure better returns.
With the July 31 ITR filing deadline nearing, experts warn that waiting until the last day could cost taxpayers far more than just a late filing fee. From losing tax benefits to delayed refunds and portal glitches, here's why filing early is the smarter choice.
How to make the most of flexible health benefits in employer plans
Healthcare needs aren't staticthey change with age, family responsibilities and personal circumstances. A 28-year-old navigating burnout, a 32-year-old planning a family, and a 45-year-old supporting ageing parents all need very different forms of care.
Sensex crosses 77,600 as IT, FMCG stocks rally; Adani Ports, M&M drag
Strong buying in heavyweight IT stocks and positive technical signals kept benchmark indices firmly higher despite weak overall market breadth
EPS 2026: EPS 1995 and EFPS 1971 beneficiaries will keep receiving pension under new scheme
Government clarified that EPS 1995 and EFPS 1971 beneficiaries will continue to receive pensions under EPS 2026. Pension calculation, contribution rates and eligibility remain unchanged, while the new scheme introduces faster digital claim processing and electronic pension disbursement.
Thangamayil Jewellery Q1 Results: Net profit up nearly 2X YoY at 85 crore
Gold jewellery sales went up by 65% to 2,273 crore in Q1FY27. Non gold (Silver, Diamonds, other products) sales rose 88% to 244 crore
Inherited shares, mutual funds or bonds? NRIs should follow these steps to claim them in India
NRIs inheriting financial assets in India often face delays due to missing documents, KYC issues and nomination gaps. Experts explain the steps, paperwork and common mistakes that can help ensure a smoother transmission process.
Diamond Power Infrastructure raises 1,614 crore through QIP to repay debt
Fresh capital from leading institutional investors will strengthen the companys balance sheet while supporting its long-term growth and financial flexibility.
Rupee cushioned by state-run bank dollar offers as futures expiry bites
The rupee rose 0.14% to 95.72 per US dollar, hovering around its strongest level in two weeks
Apple tops $5 trillion market cap in trading, retakes worlds most valuable company title
Strong investor optimism around AI, services and ecosystem growth lifted the technology giant to an unprecedented valuation milestone during trading
Sebi reopens the PMS rulebook: what it changes for investors and investment industry
Sebi's proposed MF-only PMS lowers the investment threshold to 25 lakh, opening customized mutual fund portfolios to more investors.
Indias industrial production shows resilience, but brokerages expect growth to moderate
Analysts expect investment-led manufacturing to remain resilient despite rising risks from weather disruptions, global uncertainty and higher input costs.
Wrongly reported foreign salary in ITR? ITAT grants relief with one catch
A Delhi ITAT ruling clarifies that taxpayers can correct an ITR if overseas salary was wrongly reported as taxable in India. But if the income is exempt under the DTAA, foreign tax credit cannot be claimed.
Income tax filing deadline 2026 LIVE Updates: Who needs to submit their returns by 31 July?
Income tax filing deadline 2026 LIVE Updates: The due date to file ITR is around the corner, and more than 4.3 crore ITRs have already been filed so far. Here's everything you need to know about the filing process, deadline information, e-filing portal status and other such developments.
Rupee rises 5 paise to 95.77 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 95.70 and slipped to 95.77 against the greenback, registering a gain of 5 paise from its previous close
L&T shares gain 3.5% after Q1 profit rises, brokerages retain positive view
L&T acknowledged near-term execution challenges from the Middle East conflict but expects tendering and project awards to pick up from Q2FY27.
Gold and silver prices today, 29 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.
Rupee's RBI-spurred rally faces twin headwinds of oil volatility, Fed uncertainty
The currency has drawn support over the last three sessions from likely intervention by the Reserve Bank of India, which traders expect will continue to underpin the currency
Q1 Results Today, 29th July 2026 Live Updates: Stay tuned for more from businessline
ULIP income in ITR for AY 2026-27: Exemption rules, capital gains reporting, correct form choice and filing tips ahead of 31 July deadline.
Banks collected over 26,170 crore from customers as minimum balance penalties between FY23 and FY26, according to a Rajya Sabha reply. While most public sector banks have now scrapped such charges on savings accounts, private lenders continue to collect thousands of crores annually.
Gold holds steady ahead of Fed's rate decision
Spot gold was little changed at $4,029.08 per ounce by 0301 GMT. U.S. gold futures for August delivery dipped 0.2% to $4,028.10
ITR filing 2026: Where to file return online other than the tax portal; know the charges
As the ITR filing deadline approaches, taxpayers can use various fintech platforms for online submissions. These services aim to simplify the process, with expert assistance available. Details here.
