38 C 
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
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.
ChatGPT's 1.4 lakh Maldives trip for two on a bare-minimum budget really caught me by surprise.
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
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
Employees provident fund: The Centre has ratified 8.25% interest rate for EPF deposits this financial year. Looking ahead, here's a look at the rules under EPFO 3.0, which allow withdrawal of funds through ATM and UPI.
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.
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.
Bank holiday today: Are banks closed on Saturday, 20 June for the weekend? Check RBI calendar here
Bank holiday today: Are banks closed today for the weekend holiday on Saturday, 20 June? Check the RBI calendar here
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.
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
Zerodha Capital's net profit rises 20% to 14.7 crore as lending business scales up
Zerodha Capital reported a 44.2% increase in total income to 53.5 crore in FY26, with net profit rising 20.5% to 14.7 crore, driven by growth in its loan-against-securities business.
'Japan is 100% doable on a real salary': Mumbai influencers share detailed 2.4 lakh budget guide
Japan is often considered one of the world's most expensive travel destinations. However, an Instagram post by travel page Planned Time Off is challenging that perception with a detailed cost breakdown of a 15-day trip covering Tokyo, Hakone, Kyoto, Osaka, Nara and Hiroshima.
Fast access to funds comes at a cost. Compare personal loan interest rates, processing fees and key borrowing factors across leading private banks in June 2026 to find a cost-effective loan that suits your repayment capacity and financial goals.
Bandhan Bank increases FCNR(B) deposit rates to 7.1% after RBI forex swap move
RBIs move aims to encourage foreign currency inflows into domestic banking system, ease pressure on liquidity
The income tax return (ITR)-3 is meant for individuals and HUFs who have income from business or profession. Interestingly, the last date of filing tax return via ITR-3 is 31 August and not 31 July.
Big changes ahead for Gold ETFs as SEBI introduces a new trading framework from September 1. Dynamic price bands, pre-open auctions and revised pricing rules aim to improve price discovery, transparency and investor protection in Gold and Silver ETFs.
Artificial intelligence has accelerated women's rise in the technology space, according to the India AI Workforce Report by Scaler. They reported 145% salary increase after transitioning into AI-enabled careers, it added.
Markets trade near session low amid sharp IT correction led by Infosys, TCS
BSE Sensex plunged more than 910 points below 76,500, and NIfty 50 crashed 255 points
Silver futures sink 4% to 2.28 lakh/kg as uncertainty over US-Iran deal hits market sentiment
The metal had suffered a steep correction in the previous session, plunging 14,235, or 5.7%, to close at 2.37 lakh per kg from Wednesdays closing level of 2.51 lakh per kg
Amber Enterprises shares in focus after manufacturing partnership with Oppo India
Amber Group to manufacture mobile phones for Oppo, OnePlus and Realme brands in India under agreement
Brokerages turn bullish on Vedanta Aluminium, see up to 30% upside
Citi and Kotak have assigned positive ratings, citing rising aluminium demand, cost reduction opportunities, favourable global market conditions and long-term value creation prospects
Overdraft facility can help in emergencies, but can it damage your credit score? Key facts explained
Smart borrowing builds stronger finances. This article explains overdraft impact on credit score, covering responsible usage, repayment habits, credit utilisation, and ways to manage overdrafts effectively for a healthy credit profile.
EPF members can use their Aadhaar or Aadhaar-generated Virtual ID to successfully add a nominee and complete the e-sign process for their provident fund account. Here's how to generate the 16-digit VID
Income-tax returns: Attention taxpayers! Excel utility for ITR-3 enabled Here's all you need to know
Attention taxpayers! The tax department has today enabled excel utility for income-tax returns for AY2026-27 (FY25-26) for online form ITR-3 on its official e-filing portal. Here's all you need to know
What are credit card swipe charges? All you need to know
Hidden behind every card payment, credit card swipe charges keep transactions secure. Understanding credit card swipe charges helps consumers and businesses manage payment costs and improve transparency.
IT stocks crash: Nifty IT, Infosys, TCS, Wipro hit fresh lows, rattled by Accenture outlook
The Nifty IT index plunged more than 6% to a fresh 52-week low of 26,634.50, making it the worst-performing sectoral index
Societe General, Prudential, others buy 3% stake in Anthem Biosciences for 1,275 cr
After the transaction, shares of Anthem Biosciences were trading flat at 798.25 apiece on the NSE
I asked ChatGPT to audit my 1.78 lakh monthly budget; it found 20,500 in savings
A 35-year-old Bengaluru professional seeks to reduce his monthly spending by 20,000 from a 1.8 lakh salary. Strategies include meal planning, setting a monthly food budget of 18,000, and limiting dining out, while automating savings for financial stability.
Rupee Rises 20 Paise to 94.20 Against US Dollar in Early Trade
Foreign institutional investors offloaded equities worth Rs 1,025.20 crore on a net basis on Thursday, according to exchange data.
8th Pay Commission: Employee unions seek 5 assured financial upgradations at 6-year intervals
Under the 8th Pay Commission, employee unions have proposed five assured financial upgradations at six-year intervals to improve promotions, career growth and pay progression for central government employees.
Gold on track for third weekly loss on firm dollar, hawkish Fed signals
All precious metals set for weekly decline
US-Iran agreement positive for equities, but markets may recover gradually: Tata MF's Rahul Singh
As markets grapple with AI disruption, global capital shifts and geopolitical risks, Tata Mutual Fund CIO Rahul Singh explains where investors should look for opportunities now.
8th pay commission: Here's how much salary hike Railway employees can expect from the 2.92, 3.50 and 3.80 fitment factors demanded by the Indian Railways Technical Supervisors Association across pay levels.
The price of gold in India dropped to 149,660 per 10 grams, tracking losses internationally due to a stronger dollar. Check 24K, 22K, 18K gold and silver rates in Mumbai, Delhi, Kolkata and other cities 19 June.
Dearness Allowance: Breakdown of salary components How is DA different from other allowances?
Amid the 8th pay commission's salary revision discussions, we take a look at the differences between Dearness Allowance (DA) and other allowance components of salary, such as HRA, medical allowance, education allowance and more.
EPFO retains 8.25% interest rate for FY26; UPI-based withdrawals to launch soon
Big relief for EPFO subscribers as the EPF interest rate remains at 8.25% for FY26. The upcoming EPFO 2.0 platform will introduce UPI-based withdrawals, making provident fund access faster, easier and more convenient for millions of workers.
Sensex today | Stock Market Live: Stock to buy today: Oberoi Realty
Sensex, Nifty, Share Prices LIVE: The stock of Oberoi Realty formed a good base at 1,400 in March and rebounded. But since mid-March, the trend has largely been flat where the price is oscillating between the broad 1,600-1,750 range. Nevertheless, the chart shows the formation of a higher base at 1,600. Moreover, the price action shows that the stock is getting good buying interest so far this week. Therefore, we expect the stock to break out of 1,750 soon. Once this occurs, the stock can rally to 2,000 in the medium term.
NSE IPO set to deliver massive returns for legacy shareholders
Several PSU banks and insurers acquired shares at weighted average costs of less than Re 1 apiece
Rupee closes higher for the fifth consecutive trading session
The rupee closed 20 paise stronger at 94.33 per US dollar against the previous close of 94, lifted by the signing of an agreement by the US and Iran to end the war
Prestige Hospitality reported to have put IPO plans on hold, explores stake sale instead
The Bengaluru-based developer has started discussions with potential investors to raise about $300 million
Claude ran like a CA: Professionals are leaning towards AI to file income tax Check viral prompt
Working professionals took to social media to share how they used AI to file their income tax returns From decoding dense tax terminologies to automatically accounting for mid-year employer switches, and more
Invest in mutual funds daily with just 10: Axis Mutual Fund launches Rozana SIP
Axis Mutual Fund has launched the Rozana SIP facility, which enables investing with just 10 per scheme per day through its website. This initiative offers a low-ticket-size approach and helps build an everyday investing habit through daily contributions.
Nifty 50 vs Nifty Next 50: Which index rewarded investors more? What 10-year rolling returns reveal
Often viewed as a secondary large-cap benchmark, the Nifty Next 50 has outperformed the Nifty 50 across 3-, 5-, 7- and 10-year rolling periods. The data also shows it occupies a distinct position between traditional large-caps and mid-caps on the risk-return spectrum.
Waaree Renewable acquires 55% stake in Associated Power Structures for 1,225 cr
Consequent to the completion of the aforesaid acquisition, APSPL has become a subsidiary of Waaree Renewable Technologies
The RBIs inflation target remains 4% with a 2%6% band. Medical inflation has recently run far above headline inflation, and Indias life expectancy at birth is about 72 yearsall of which argue for a cautious plan, said ChatGPT
Sensex rose 254.36 points to close at 77,409.98, while Nifty 50 gained 82.30 points to settle at 24,168.00, with both benchmarks up 4.3-4.8% over the last five sessions
Brokers Call: RateGain Travel Technologies (Buy)
Anand Rathi Research
Long-delayed NSE IPO sets up $2.6-billion windfall for top investors
The listing will be a pure offer-for-sale, with existing shareholders offering to sell about 6% of the exchanges equity and no fresh equity raise
NSE set to list in one of country's largest IPOs
NSE first planned to go public in 2016 but did not receive clearance for its IPO because of pending regulatory investigations
Ramit Sethi believes that if you automate your savings targets first, you don't need to track minor purchases
Pre-filled ITR and AIS: Checks to complete before you hit submit'
AIS is compiled from data reported by multiple entities such as employers, banks, mutual funds, brokers, custodians, and registrars. While it is a useful reconciliation tool, it is not free from errors.
Emirates NBD completes acquisition of majority stake in RBL Bank with $2.75 billion investment
The transaction, which was announced on October 18 last year, was completed after receiving all regulatory approvals and fulfilment of closing conditions
Rupee posts longest winning run in a year on exporter flows, bank dollar sales
The rupee closed at 94.3325, up 0.2%, and has gained 1.5% over the last five sessions
India has learned how to trade but it still needs to learn how to invest
Access has surged across Indias markets, but investor behaviour has not kept pace with participation.
Equities can be the preferred asset class as geopolitical tensions ease. Gold will continue to serve as a portfolio hedge and wealth-preservation tool, while silver may benefit from improving industrial demand but remains a relatively volatile asset.
ITR 2026: Invested in Bitcoin or crypto? Heres whether to file ITR-2 or ITR-3
Income earned from the sale of cryptocurrencies needs to be declared in the Virtual Digital Asset (VDA) schedule. In the income tax return (ITR) parlance, cryptocurrencies are known as VDAs
Is credit card overlimit worth it? Benefits, risks, credit score impact and smart usage tips
Unexpected expenses can strain finances, and the credit card overlimit facility offers short-term spending flexibility. But understanding charges, repayment obligations, and the impact on credit scores is essential for responsible use.
TMPV shares in spotlight after JLRs FY27 outlook, brokerages divided
The stock traded at 361.85 at 2.20 pm on the NSE after touching an intraday high of 366.25.
A Delhi graphic designer earning 80,000 a month asked ChatGPT whether he should quit his job to start a food caf. The AI warned of significant risks but said the business could potentially earn up to 3 lakh a month.
Max Healthcare shares jump over 6% after Citi reiterates buy
Max Healthcare is preparing for a long haul and is expected to deliver improvements in its balance sheet and return on capital employed (RoCE) despite pursuing an aggressive expansion strategy
Rupees oil relief capped by RBI's FX book, interest payment hedges, bankers say
RBI's short-dollar forward book is estimated to have ballooned to an all-time high of nearly $110 billion
New tax regime: 5 tax-saving benefits salaried employees should not miss
The new tax regime has eliminated many popular deductions, but a few important tax-saving provisions remain for salaried employees. From the higher standard deduction to employer NPS contributions, here's what taxpayers can still use to reduce their tax liability.
Can your stock losses be denied? ITAT ruling in Dolly Khannas 54 crore tax case offers clarity
The ITAT has ruled that transaction volume alone cannot determine whether a taxpayer is an investor or a trader. The decision came in a dispute over Dolly Khanna's claim for a 54.23 crore stock market loss.
ADIA, Aberdeen Group, others buy 7.3% stake in Corona Remedies for 777 crore
Following the stake purchase, shares of Corona Remedies rose nearly 3 per cent on Thursday to trade at 1,840 apiece on the National Stock Exchange (NSE).
