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Radhika Gupta, CEO of Edelweiss Mutual Fund, urges reform of India's ESOP taxation, advocating for taxes only when employees realise gains from shares. Read her full statement here.
June 2026 will be crucial for taxpayers and investors due to important financial developments and deadlines. Here's the full list of key dates that one should know.
PPF for children: Can both parents contribute to the account and claim tax deductions?
PPF is a long-term savings scheme with tax benefits. Parents can open a PPF account for minors, but total contributions by both parents cannot exceed 1.5 lakh annually. Details here.
I asked ChatGPT if a 1 lakh salary can buy a 1 crore home. The AI verdict was a reality check
With a monthly take-home of 1 lakh and taking expenses and investments into account, buying a 1 crore flat may be financially imprudent. Here's what ChatGPT advised me to do instead.
Planning your child's future? These 4 government-backed investment options can help you start early
Parents can secure their child's financial future through various government-backed investment schemes. Options include the National Savings Certificate, Sukanya Samriddhi Yojana, Public Provident Fund, and NPS Vatsalya.
Global diversification: These mutual funds have the highest exposure to international stocks
What if you could indirectly invest in global giants like Nvidia, Apple, and TSMC through the same SIP route you use for equity mutual funds? Let's find out the top 5 domestic equity funds in India that invest a significant portion of their portfolio in foreign stocks.
FPIs sell 32,963 crore worth of Indian equities in May, remain net sellers for third month
The sustained outflows have been linked to geopolitical tensions in West Asia, elevated crude oil prices, and global investment flows favouring AI-driven markets
EPF members benefit from government-backed returns and tax-free interest. EPFO invests their contributions in various assets, including 85% in debt and 15% in equities.
Watch: How a govt employee in Delhi saves 65,000 from a 90,000 salary every month
A 28-year-old government employee from Delhi has gone viral after revealing that she spends only around 25,000 a month despite earning 90,000 in hand. From rent and groceries to fuel and shopping, her budget breakdown has sparked conversations online.
Inflation competes with compounding, affecting future purchasing power. A 50 lakh investment could grow to 4.82 crore in 20 years but would only have the purchasing power of 1.50 crore today with 6% inflation.
Hidden home loan charges can quietly increase borrowing costs. Processing fees, stamp duty and insurance add to EMIs and affect long-term affordability, making expert financial advice essential before taking a fresh home loan.
Could you be sitting on forgotten money? Here's how to check using the new govt portal
The Finance Ministry launched an online platform for tracking unclaimed financial assets, enhancing public awareness and access to information.
Man shares 1.3 lakh Europe itinerary covering Spain and Portugal in 13 days, Internet reacts
A travel creator has gone viral after claiming he explored Spain and Portugal over 13 days for just 1.3 lakh. Sharing a detailed cost breakdown and itinerary on Instagram, he argued that Europe can be affordable with careful planning, though several users questioned whether numbers were realistic.
On 30 May, gold prices in India remained stable, with 24-karat gold priced at 156,810 per 10 grams. Silver prices also showed limited movement, with 999 Fine silver at 267,790 per kg.
Why AA matters more than stock selection for multi-generational wealth
Stock selection combines art and science, requiring in-depth study of macro and microeconomic factors. For multi-generational wealth, a diversified multi-asset portfolio is essential to manage risk and reduce volatility.
A new '3490 Calorie' system may influence salary hikes for central government employees by linking pay revisions to the cost of essential food items.
How can you dispute errors in your credit report? Check out these 5 steps now
Credit report errors can damage your credit score and loan approvals. Follow these five simple steps to dispute inaccuracies, protect your credit profile and improve your financial credibility.
EPFO 3.0 to make PF transfers instantbut these 6 mistakes can still derail the process
Small mistakes can delay PF transfers, including incorrect details, multiple UANs, and employer errors. EPFO processing delays also contribute.
Buying gold? Heres why checking the HUID code is crucial even in hallmarked jewellery
Gold jewellery buyers should check the hallmark and HUID code for authenticity and purity. Here's the step-by-step process on how do it and the compensation that can you receive if your jewellery item fails to pass the purity test.
ITR-2 vs ITR-1 vs ITR-4: Which income tax return form should you file this year?
The Income Tax Department has launched online filing and Excel utilities for ITR-1, ITR-2, and ITR-4 for AY 2026-27. Taxpayers can file returns for FY 2025-26 starting from May 15, with deadlines varying by form type.
Bank holiday today, May 30: Are SBI, HDFC Bank, and other banks closed on Saturday?
All banks in India are open on May 30, 2026, as it is the fifth Saturday. Banks follow the RBI's holiday schedule, closed on the second and fourth Saturdays and Sundays. Online banking remains available on holidays, allowing customers to conduct various transactions without interruption.
The deadline for filing SFT for FY 2026-27 is May 31, 2026. Taxpayers should verify SFT transactions with their tax returns to avoid discrepancies that could lead to notices or refund delays. Here's what to do if you find an error.
Bond tokenisation explained: How it works and what are the benefits and risks
SEBI plans to pilot corporate bond tokenization to deepen India's debt markets. This move aims to enhance settlement speed and transparency, making corporate bonds more accessible to retail investors. Here are the benefits and risks associated with it.
Q4 Results Highlights: IndiGo, RCOM report weak numbers; Asian Paints and IPCA Labs post growth
Q4 Results Highlights Today: Stay tuned to businessline for the latest live updates on Q4 earnings.
The PM Surya Ghar: Muft Bijli Yojana, initiated in February 2024, supports rooftop solar setups for households. The scheme offers up to 300 units of free electricity per month. Details here.
8th Pay Commission key updates: Nationwide consultations in full swing 10 FAQs answered
Check out the latest updates on the 8th Pay Commission as of 29 May 2026, including an extension of the memorandum submission deadline and the announcement of a Kolkata visit.
Form 26AS replaced with Form 168: What changes for taxpayers under the new Income Tax Act, 2025?
Form 26AS, used for taxes verification, will be replaced by the new Form 168 under the Income Tax Act, 2025. This auto-generated statement will provide comprehensive tax-related information starting from the 2026-27 tax year. Details here.
Retirement goals: Can 1 crore in FDs and debt funds beat inflation and give you a steady income?
Retirement planning needs more than FDs and debt mutual funds. Smart SIP investing in equity mutual funds can help build a 1 crore retirement corpus while beating inflation.
Sensex crashes over 1,000 points as MSCI rejig sparks heavy selloff
Weakness in Reliance Industries, ITC and banking shares deepened losses, while concerns over a weaker monsoon outlook and inflation risks also hurt sentiment
Gold climbs Rs 1,600, silver surges Rs 5,000 amid US-Iran ceasefire hopes
Analysts said easing geopolitical tensions, expectations of seasonal domestic demand and the US Federal Reserves interest rate outlook boosted bullion sentiment
A 30-year-old earning 1 lakh monthly saves 40,000 but seeks guidance on investment allocation. ChatGPT advises a balanced approach, suggesting increased equity exposure while maintaining emergency funds and conservative options like mutual funds and recurring deposits for long-term growth.
I asked ChatGPT, how can I prevent my electricity bill from shooting up in Delhi's blistering heat
As Delhi swelters with day-time temperatures reaching 43 degrees Celsius and prolonged heat wave conditions, I ask ChatGPT to devise a strategy that prevents my electricity bill from shooting up this summer.
Rupee soars to best day in nearly two months as central bank steps in, oil drops
The rupee ended the session at 95 per dollar, up 0.7% from the previous session, its best day since April 2
Filing ITR this year? Here are 5 important changes in the income tax forms for FY 2025-26
The income tax filing season has begun, allowing online submissions for ITR-1, ITR-2, and ITR-4. Taxpayers are advised to wait until mid-June for Form 16. Here are the changes in the income tax forms.
5 smart credit card hacks to save money and maintain a healthy credit score
Smart credit card usage can boost savings and protect your finances. Timely payments, low credit utilisation and reward point tracking help avoid debt and improve your credit score.
Natural diamond ownership among Indian women increasing, says De Beers study
The India Diamond Acquisition Study 2025 saysGen Z and Millennials are driving the resilience in the sector
Asian Paints posts strong Q4 rebound, declares 27.50 total dividend for FY26
For the full year FY26, standalone net sales grew 4.3 per cent to 30,680 crore, while consolidated net sales rose 5.1 per cent to 35,516 crore
Struggling to manage your money in college? Use our simple 24-hour rule and 'needs vs. wants' framework to stop impulse spending and save for your future.
Unlock smarter investing with the Price-to-Earnings (P/E) Ratio as a key stock valuation metric that compares price and earnings to guide valuation and long-term wealth decisions. This metric, along with a host of other factors, can help aspiring investors make sensible investment decisions.
Domestic silver futures fall to 2.68 lakh/kg
On the Multi Commodity Exchange, July silver contracts fell by 1,322 (0.49%) to 2,68,215 per kg with a turnover of 749 lots
Avanti Feeds slides 6% as long-serving CFO steps down; strong FY26 earnings offer little cushion
The stock dropped to an intraday low of 1,180 before recovering to about 1,220, down nearly 6% from Thursdays close of 1,297
Nifty slips below 23,850 by midday; IT holds firm as energy, aviation stocks drag
Of 4,302 stocks traded, 1,916 advanced and 2,171 declined, with 215 remaining unchanged. A total of 167 stocks hit 52-week highs while 55 touched 52-week lows
I asked ChatGPT: EV vs petrol - which really saves you more money? The answer isnt what you expect
Given the current fuel situation, if you drive a car, youve probably thought at least once, An EV would have saved me a lot of money and protected me from rising fuel prices. But is that really true?
Can your health claim be rejected? IRDAIs 5year moratorium rule explained
Five-year health insurance moratorium reduces wrongful claim rejections for genuine non-disclosures while preserving fraud checks, so policyholders must stay transparent and maintain continuous cover for protection.
Financial success often manifests through small habits like managing emergencies calmly, avoiding high-interest debt, investing consistently, and not focusing on appearances. If you recognize these signs, you may be more financially secure than you realize.
Mrs. Bectors crosses 2,000 crore revenue mark, stock slides 1.4% on muted margins
The stock traded at 178.21 on the NSE on Thursday, down 1.41%, with sellers outnumbering buyers 59.99% of traded quantity on the sell side
I asked ChatGPT whether DIY travel booking beats packages for Ladakh and Spiti heres what it said
Travel packages and DIY bookings for Ladakh and Spiti Valley trips suit families of four, depending on preferences. Travel packages to Ladakh are often cost-effective and convenient, while Spiti Valley may be cheaper when booked separately.
Bharat Dynamics shares tumble 8% after weak Q4 earnings raise execution concerns
The stock fell 8.3% in early trade, reaching 1,189.40 at 10:20 am, with a low of 1,175.40 compared to the previous close of 1,282.20
LIC shares trade at 412.70 as bonus issue takes effect
The previous close stood at 830.00, with the stock opening at 417.60 and touching an intraday high of 421.45 and low of 411.45 by 10.04 AM
Alkem Laboratories shares jump after Q4 revenue growth and upbeat FY27 outlook
The stock climbed 6.1 per cent to a high of 5,789 on the NSE before trading at 5,697.50, up 4.5 per cent from the previous close of 5,451.50.
Gold prices on MCX eased on 29 May as investors booked profits amid uncertainty surrounding the US-Iran ceasefire extension. MCX gold June futures fell 0.18% to 1,57,410 per 10 grams, while silver July futures slipped 0.45%.
Ashok Leyland shares fall after early gains as margin concerns overshadow Q4 earnings beat
he stock rose 1.2% in early trade to 165.70 against the previous close of 163.62 before reversing gains to fall nearly 2% below the 160 mark by 9.45 am
Rupee Rises 5 Paise To 95.53 Against US Dollar In Early Trade
Domestic equity and forex markets were closed on Thursday on account of Eid-ul-Azha.
The Income Tax Department has launched online filing for ITR-1, ITR-2, and ITR-4 for AY 2026-27. Taxpayers must note changes, including a new rent field and the ability to report income from two properties, simplifying the filing process for many individuals.
Wipro shares jump 4.6% at open on ServiceNow AI deal buzz
The stock opened at 211.00, up nearly 4.6 per cent from Wednesdays close of 201.58, before paring some gains to trade at 205.53, up 3.95 or 1.96 per cent, as of 9:40 am
IT stocks lead Nifty higher as crude dips on Iran truce reports; FII selling caps gains
The Sensex opened at 75,988.51 and was trading at 76,111.28, up 243.48 points, as of 9.18 am, while Nifty 50 opened at 23,902.15 and was trading at 23,956.75, up 49.60 points
Q4 Results Highlights Today Live Updates: Stay tuned to businessline for the latest live updates on Q4 earnings.
RBI likely intervened to shore up rupee, traders say
The central banks intervention helped the rupee kick off the local spot market session on a stronger note with the currency opening at 95.55 per U.S. dollar.
Gold inches up as investors eye US-Iran ceasefire deal
Spot gold rose 0.2% to $4,499.56 per ounce, but was down about 0.2% for the week so far. U.S. gold futures inched 0.1% lower to $4,529.80.
Jio BlackRocks Rishi Kohli says earnings recovery delayed by West Asia conflict
Jio Blackrock's Rishi Kohli says the earnings upcycle has been pushed back by one to two quarters, while arguing that combining stock, sector and factor strategies can improve portfolio resilience.
8th Pay Commission: Not just DA or fitment factor, this formula can push minimum basic pay to 69,000
The 8th Pay Commission is considering changes to the family unit formula, suggesting it should reflect modern family structures.
Sensex today | Stock Market Live 29 May: Stock to buy today: Berger Paints India (527) BUY
Sensex, Nifty, Share Prices live updates: Traders can buy Berger Paints India shares now at 527. Accumulate on dips at 515. Keep the stop-loss at 497 initially
PPF income strategy: Deposit before this date every month to maximize return Here's how
Investing in a Public Provident Fund (PPF) can yield better long-term returns by timing contributions. Depositing before the 5th of each month ensures interest accrual for that month, maximizing compounding benefits over the 15-year tenure at a current interest rate of 7.1%.
Atal Pension Yojana: Here's a look at who is eligible for the pension scheme, if Aadhaar, mobile number and bank account are mandatory, whether NRIs and minors can open accounts and other top FAQs answered
Credit cards come with some of the highest interest rates and a slew of additional charges and fees attached. Some of these include the annual fee, joining fee, late payment charges, foreign currency mark-up fee and transaction charges.
Employees Provident Fund: Want to withdraw your pension or obtain a scheme certificate from the EPFO? Here's how EPF members can initiate their claims online using Form 10C. Check the stepwise guide
Income-tax returns: Here's how taxpayers can claim deductions under Sections 80C, 80CCD, 80DD, 80E, 80GG, 80U of the I-T Act. Check here for the required documents while filing your ITR for FY26 / AY27
How much home loan can you get on 15 lakh or 20 lakh annual salary?
Currently, the average home loan interest rate in India for most salaried individuals with stable credit ranges between 8.2% and 9% per annum.
Muthoot Exim targets to mobilise 3 tonnes of gold in 2 years for recyling
The company targets to open additional 50 outlets this fiscal especially in smaller cities, says its CEO Keyur Shah
RBI monetary policy next week: What fixed-income investors should expect here's what experts say
Markets await the Reserve Bank of India's monetary policy as fixed-income investors look for stable rates and range-bound yields amid inflation risks, currency pressures and cautious policy guidance.
8th CPC: The 8th pay commission has invited applications from eligible candidates for consultant roles. Here's how many vacancies are posted, qualifications required, and scope of work and the salary scale.
Dr Reddys to ring NYSE Closing Bell to mark 25 years of listing
Dr Reddys became the first pharmaceutical firm in Asia outside Japan to list on the NYSE in 2001
Dearness Allowance: Difference between DA, Dearness Relief and House Rent Allowance, explained
Dearness Allowance: Amid 8th pay commission discussion over revisions to central government employee salaries, allowances and benefits, we take a look at the difference between DA, Dearness Relief (DR) and House Rent Allowance (HRA).
Provident fund: How to tap your PPF for low-cost emergency loans rules and eligibility explained
You can unlock emergency funds with the PPF loan facility, a government-backed option that offers low-cost borrowing against your PPF balance while preserving your long-term tax-free savings and steady growth.
World markets decline after US strikes on Iranian drone targets
Oil prices rebounded after a sharp fall a day earlier, while Asian and European equities weakened amid uncertainty over a possible US-Iran deal
How Aadhaar mismatches, duplicate UANs and HR errors derail EPF transfers
From duplicate UANs to Aadhaar mismatches, small compliance errors can derail EPF transfers and leave salaried employees struggling to access retirement savings.
NPS solves the biggest retirement challenge: generating steamarket-linked income
The introduction of the Retirement Income Scheme marks a significant shift in retirement planning, moving from just accumulating wealth to ensuring a steady income stream. With features like predictable cash flow and automatic risk reduction, retirees can enjoy peace of mind.
5 types of digital banking fraud in India and safety tips to protect your money
Digital banking frauds in India are rising as scammers use UPI scams, phishing attacks and OTP frauds, making online banking safety and awareness important for every user.
5 simple Demat account opening steps and smart stock market investing tips for beginners in India
Indias stock market investing boom is creating new wealth opportunities. Simple Demat account setup steps, beginner investing tips and long-term strategies can help investors grow their money wisely.
How bond prices and yields work: Hidden risk most investors overlook in fixed income markets
The real risk in bond investing often lies not in the asset class, but in the investors speculative approach to it.
As healthcare costs rise, understanding health insurance policies is crucial. Key factors affecting claim payouts include sum insured, room rent eligibility and co-payment clauses.
Gold ETFs vs gold mutual funds: Key differences in returns, costs, taxation and SIPs
Gold ETFs invest directly in physical gold and related instruments, while gold mutual funds buy units of gold ETFs. While both fall under the mutual fund category regulated by AMFI, they differ significantly in terms of investment structure, taxation, costs, liquidity, and investment approach.
Gold is trading near $4,450 and silver is around $72 to $78.50, as rising oil prices and geopolitical tensions affect the inflation outlook and investor sentiment. Focus is on how the US-Iran dispute unfolds. A peace deal can provide much-needed respite from rising inflation and commodity prices.
ITR-2 filing begins: Who should file, who cannot Check eligibility, exclusions, deadlines
The Income Tax Department has launched online filing for ITR-2 for assessment year 2026-27, targeting individuals and HUFs with income from capital gains and other sources. Eligibility criteria are specified, while ITR-1 and ITR-4 have also been made available for small and medium taxpayers.
Q4 Results Highlights Today Live Updates: Stay tuned to businessline for the latest live updates on Q4 earnings.
West Bengal CM Suvendu Adhikari launched the 'Annapurna Bhandar' scheme, offering 3,000 monthly assistance to eligible women. Applications can be submitted online or offline, with verification ensuring benefits reach the right recipients.
EPFO 3.0: Want to withdraw 100% of your PF money? Check the latest withdrawal rules
EPFO subscribers will soon be able to access their provident fund savings directly through UPI, reducing paperwork and waiting times. Members can withdraw 50% to 75% of their EPF balance. The new system aims for a paperless experience, with testing completed and rollout expected soon.
US degree now costs more than a 2BHK in Bengaluru and Gurgaon How parents are prioritising
Indian parents face emotional and financial challenges sending children abroad for education, with costs rising to 5 crore by 2036 due to rupee depreciation and tuition hikes. Despite high expenses, 90% still prefer overseas studies, relying on long-term investments to ease the financial burden.
Speculation about the 8th Pay Commission grows as central government employees await long-promised salary revisions. Reports indicate the Centre may not meet all union demands, including a higher fitment factor, raising doubts about substantial pay hikes amid rising inflation pressures.
Most banks will be closed on May 28, 2026, for Bakrid/Eid al-Adha, a gazetted public holiday. Central government offices will also observe this day off, replacing the previously scheduled holiday on May 27.
