26 C 
From using appropriate forms, to making proper income disclosures, filling correct details and attaching documentation for proof Here are the top 10 common mistakes to avoid while filing your returns.
FD rates comparison: Here's a look at the latest bank fixed deposit rates offered by the biggest lenders State Bank of India, ICICI Bank, HDFC Bank, Kotak Mahindra Bank and Yes Bank.
The IT Ministry clarifies that it has no plans for a new look for its Aadhaar cards, adding that such speculation is not correct. Here's what's new for the government's biometric ID so far in 2026.
Q4 ResultsToday, May 4, 2026, Updates: Catch updates
6 essential emergency fund rules every Indian household should know to stay debt-free
Emergency fund rules help households build financial resilience. It is imperative to maintain 36 months' expenses, keeping funds separate, prioritising liquidity, starting small, refilling after use, and reviewing annually for stability.
Safe personal loan EMI on 30,000 salary: Simple budgeting tips explained
Understanding borrowing fundamentals is vital for personal loans. Keeping EMIs at 20-25% of income ensures financial stability. High EMIs risk missed payments, which negatively impact credit scores. Seek professional advice for sustainable financial planning.
A strong credit score is necessary to show lenders that you are a reliable borrower, and first timers or young customers may wonder if closing your credit card could affect this number. Here's how you should manage card closures to protect your credit history
Filing income tax returns online has simplified the process but can confuse first-time taxpayers. Income Tax Notices inform taxpayers of issues like unreported income or discrepancies. Here's how you can verify a notice's authenticity
A disciplined savings rate drives retirement planning by boosting compounding, reducing risk, and ensuring financial security, helping individuals build a stable, sustainable long-term wealth corpus.
Rupee falls 39 paise to close at all-time low of 95.23 against US dollar
Crude oil prices at $110 per barrel, foreign capital outflows pressure rupee
Sensex, Nifty, Share Prices Updates: Sensex settles 355.90 points or 0.46 per cent positive at 77,269.40, and Nifty 50 rises by 121.75 points or 0.51 per cent to 24,119.30
Salary 50,000? Heres how much PF corpus you can build in 20 years
EPF corpus from a 50,000 salary can grow substantially over 20 years through disciplined contributions, employer support and compounding, potentially reaching 4060 lakh with salary increments.
Gold futures slide to 1.50 lakh/10g as oil surge, dollar weigh on bullion
During the previous week, gold had depreciated by 1,347, or nearly 1 per cent, to close at 1.51 lakh per 10 grams
Lost or stolen credit card? Here are 6 steps to follow to avoid financial loss
A lost or stolen credit card requires immediate action, including blocking the card, checking transactions, reporting to the bank, disputing fraud, securing accounts, and requesting a replacement to prevent financial loss.
The government revised the Dearness Allowance (DA) for bank employees for May, June, and July 2026, impacting salaries for workmen and officer employees. Here's how this impacts monthly pay for bank staff
Sun TV Network falls 9% as DMK trails in Tamil Nadu election trends
Market sentiment was also influenced by historical ties between the companys promoters and the DMK, raising expectations of volatility as counting continues
Godrej Properties posts record 1,850 crore profit in FY26, stock gains
Q4 FY26 saw 7,947 crore in collections and a 70% jump in net profit to 650 crore
Gold edges lower on rate fears, Iran tensions cap downside
MCX Gold is currently trading near 1,51,000 per 10 grams, pulling back from a recent multi-week high of 1,55,000
Gains narrow by noon; Kotak Bank, Bharti Airtel drag as broader market stays firm
Among Nifty 50 gainers, Hindustan Unilever led with a 3.87% rise to 2,338, touching a high of 2,365.80, on volumes of 15,12,837 shares worth 35,368.01 lakhs
How bureau and account aggregator data are redefining lending risk
The evolution of lending practices towards precision underwriting emphasizes using both historical and real-time data for improved risk management.
Ather Energy posts record volumes, narrows losses in FY26; stock slips on results day
FY26 total income reached 3,823 crore, a 66% y-o-y increase and the companys highest annual revenue; Q4 FY26 revenue was 1,214 crore, up 76% y-o-y
Public sector banks offer competitive personal loan interest rates starting at 7.10% in May 2026. Key factors that influence borrowing decisions include credit score, tenure, and processing charges.
I asked ChatGPT how to retire at 45 on 1.5 lakh a month. The AI tool suggested specific mutual funds while giving a detailed personal finance plan.
WeWork India opens new Aerocity centre, expands NCR footprint
The facility targets enterprises, GCCs, and high-growth firms with premium amenities and strong connectivity
Dont chase returns, rebalance them amid cycles and noise: DSP's Kalpen Parekh
DSP MF CEO Kalpen Parekh trims gold after a sharp rally, raises equity via hybrid funds and sticks to disciplined asset allocationignoring noise, chasing value and respecting cycles.
The retail bond illusion: Are investors buying yield or risk?
Fintech platforms have made bonds look simple and safe. But behind curated yields and clean dashboards lie credit, liquidity and structural risks many retail investors may not fully grasp.
Steel Exchange raises 40.32 crore via warrants, shares gain on NSE
The funds will support expansion, working capital, and strategic initiatives
ideaForge shares hit 52-week high as Q4 results trigger surge
The rally follows ideaForges Q4 FY26 results, in which the company posted its highest-ever quarterly revenue of 141.04 crore, up sharply from 20.31 crore in Q4 FY25
8th Pay Commission 6-month review: Key updates, consultation status and outlook
The 8th Pay Commission review highlights progress in consultations, stakeholder engagement, and the policy focus on salaries, pensions, and reforms shaping the future of government employees across the country.
Kotak Mahindra Bank shares fall 5% despite Q4 profit beat, top Nifty 50 loser
Brokerages largely acknowledged the earnings beat but offered a mixed outlook
How the falling rupee still affects households with no direct dollar expenses
Economists and financial planners urge the public to rebudget for essentials, build larger emergency funds, and consider global investment diversification as a hedge against accelerating imported inflation.
Record UPI transactions in FY26 highlight rapid digital growth nationwide. UPI payments are best made through secure apps, with vigilant verification and protection of sensitive financial details.
Stocks gain in Asia, oil flat amid new Gulf proposals
Japanese yen suddenly jumped in Asian trading, with the dollar falling as much as 0.9% to 155.7 yen before paring some of the losses
Gold, silver may be range-bound next week as US-Iran crisis, macroeconomic data set tone: Analysts
On the MCX, gold futures fell 1,347 (nearly 1%) to 1.51 lakh per 10 grams, while silver gained 879 to close at 2.50 lakh per kilogram last week
Rupee Falls 11 Paise to 94.95 Against US Dollar in Early Trade
Stock exchanges and currency markets were closed on Friday on account of Maharashtra Day.
Zen Technologies shares tumble over 12% as Q4 profit and revenue plunge
Company posted a standalone net profit of 14.75 crore for the quarter ended March 2026, marking a decline of over 83 per cent y-o-y from 84.92 crore
Q4 ResultsToday, May 4, 2026, Live Updates: Catch live updates
Rupee to find brief support on softer oil, outlook remains bearish
The rupee is expected to open in the 94.86 to 94.88 range against the US dollar, per traders
15 stocks including Infosys, Tech Mahindra, HCLTech, Reliance to remain in focus on May 4
India Inc. witnessed brisk dealmaking and expansion, with HCLTechs AI push, Tech Mahindras overseas acquisition, Reliance Retails brand buyout, and multiple firms securing orders, appointments, and investments across telecom, energy, pharma, and hospitality
Sensex today | Stock Market Live Updates: Stock to buy today: Bharti Airtel
Sensex, Nifty, Share Prices LIVE: The stock of Bharti Airtel was in a downtrend in January and February. But the chart shows that in March, the bears lost momentum and the scrip formed a good base at around 1,770. It has now rebounded on the back of this. The price is now above both 21- and 50-day moving averages and the stock recently surpassed a resistance at 1,870. In the coming sessions, there could be a price correction, possibly to 1,850.But then, we expect the stock to regain bullish momentum and eventually appreciate to 2,120 in the coming weeks.
Section 80C income-tax relief: Here's how to maximise your 1.5 lakh deduction
Taxpayers can rely on Section 80C of the Income-Tax Act to reduce their tax liability through deductions of up to 1.5 lakh in a financial year. Here's what steps you can take to maximise your investment options
The online income-tax return process has simplified tax filing, yet first-time taxpayers face challenges. Here's a look at what income-tax notices mean and why you may get one from the tax department
Jewellery buyers browse more, buy later as gold volatility bites
With prices remaining elevated and fluctuating in the short term, many buyers are choosing to delay purchases or wait for corrections
Brokerages close FY26 on a strong Q4 rebound led by retail churn, volatility
FY26 earnings remain mixed due to a weaker first half amid shifting retail activity
How does a Ulip compare to buying a term plan and investing in MFs separately?
Unit-linked insurance plans or Ulips bundle life insurance and investment into a single product. Ulips also carry a tax advantage
The Finance Ministry raised the Dearness Allowance by 2% for central government employees and pensioners, increasing it from 58% to 60% of basic pay. Here's why some expect the next hike in July under 8th CPC to be 3%
The 8th Central Pay Commission held its first meetings discussing demands for annual increments and pension scheme withdrawal. It is set to decide salary hikes for 50 lakh central employees and 65 lakh retirees, potentially raising pay significantly.
Withdrawing PF money? Fill these details correctly to avoid TDS deductions
The declarant, who is a resident, must ensure that their expected final tax liability for the year is NIL and duly fill all the rows in Part A of the Form No.121 and sign it.
Five smart investing rules for navigating Indias volatile equity markets in 2026
To turn market volatility into an instrument for wealth creation, retail investors should consider adopting a structured approach. Here are five fundamental rules that can help navigate the complexities of todays financial environment.
How mutual fund-based portfolio management services work
Mutual fund-based portfolio management services are becoming popular among high-net-worth individuals. Here is how these services work
Tax deadlines in May 2026: Key dates every taxpayer should know
May 2026 has crucial tax deadlines, including TDS payments and quarterly filings. Taxpayers must comply to avoid penalties. Full list of the deadlines here.
The hardest part of investing isnt picking, its holding
Legitimate capital, patiently held, is the only edge in this business that has worked reliably for a hundred years. It is not glamorous enough to go viral. But it is the only version of the story that ends with you still holding the asset.
On May 3, gold prices in India remained stable, silver prices also showed limited movement. Check retail rates of 24K, 22K gold, 999 silver in your city.
As a 22-year-old salaried person with a student, here's how you can build wealth by investing smartly. AI recommends this when asked about investing in SIPs, stocks, or fixed deposits for the best returns with minimum risk.
Smart spending: Here's how you can save money without sacrificing fun
Effective money management involves budgeting, debt management, tracking expenses, and distinguishing needs from wants. Here's a few steps you can adopt to ensure financial security and future savings.
Transactions where PAN is mandatory in India: Full list after form 97 replaces form 60
Starting April 1, 2026, the Income Tax Act mandates quoting a PAN for numerous financial transactions, replacing Form 60 with Form 97. Here's a list of transactions where PAN is mandatory.
How your credit score impacts home loan approval and what score you need for the best deal Explained
Home loans require lenders to assess creditworthiness, with credit scores significantly influencing approval and interest rates. A score above 750 is ideal, while scores below 700 may lead to higher rates or even rejection. Details here.
Private and public sector banks in India will be closed for two days between May 4 and 10, 2026. Customers can use online services for transactions during these periods.
Taxpayers can rely on Section 80C of the Income-Tax Act to reduce their tax liability through deductions of up to 1.5 lakh in a financial year. Here are the investment options you can choose from:
Concerns about a housing market crash are growing among Americans as mortgage rates rise and inflation increases. Financial experts recommend keeping housing costs below 25% of income, though this is becoming difficult with rising home prices. However, a major crash like in 2008 seems unlikely.
8th CPC: What is the role of pay commissions in calculation of Dearness Allowance?
8th central pay commission: The government appointed panel determines Dearness Allowance hike, fitment factor and other allowances for central govt employees. Here's what role it plays in the decision process
CDSL Q4 profit slips to 80 cr, demat accounts cross 18 cr
For the full 2025-26 fiscal, net profit dips to 455 crore from 526 crore in the previous 2024-25 financial year
Bank deposit risk explained: What happens to your money if a lender fails to return it?
Bank deposits are generally safe, but in case of bank failure, only 5 lakh per depositor is insured under the DICGC. This coverage applies to all accounts in a bank, with specific exclusions for certain deposits. Details here.
Tax-saving FDs vs regular FDs: Interest rates, lock-in and tax benefits compared
Fixed deposits (FDs) are favored for stable returns, with banks in India offering rates up to 7%. Tax-saving FDs provide deductions under Section 80C but have a 5-year lock-in. Interest rates vary, with senior citizens receiving higher rates.
FPIs pull out 13,944 crore in holiday-shortened week, equities hit hardest
While outflows showed signs of moderation towards the end of the week, global headwinds, rising crude prices, and geopolitical tensions continued to weigh on sentiment
Specialised investment funds see rapid growth, attract beyond top 30 cities
AUM has more than doubled to 10,620 crore, with fund houses launching new offerings and eyeing 1 lakh crore in assets over the next three years, despite distribution challenges
The RBI has set the final redemption price for its Sovereign Gold Bond 2018-19 Series-I at 14,901 per unit, payable on 4 May 2026. Investors could see gains of nearly 386% from the issue price of 3,114 per unit.
Income tax rules discourage cash transactions, limiting annual deposits to 10 lakh. Experts recommend using savings accounts for cash deposits
Family floater vs separate policy: Whats best health insurance policy for your elderly parents?
Family floater health insurance premiums are primarily calculated based on the age of the eldest member covered. Other key factors are - sum insured, medical history of family members, and family size
PPF maturity rules: What investors should do when their account matures?
As PPF accounts reach maturity, holders must choose to withdraw the total amount, extend for five years, or continue without extra deposits. Here's what each option offers.
A married woman's share in ancestral property is influenced by laws, family dynamics, and social norms. Key laws - the Indian Succession Act and Hindu Succession Act emphasise equal rights for daughters and sons in inheritance matters.
I asked ChatGPT why the principal of my 90 lakh home loan hasn't decreased much despite paying off 45 lakh via 60 EMIs. Here is what AI said.
25-year old techie shares how he built a 20 lakh portfolio in 3 years while earning under 10 lpa
A 25-year-old tech professional built a 20 lakh investment portfolio in three years on a salary under 10 lakh. He attributed his success to disciplined saving, investing 80-85% of his income, and living with parents to minimize expenses.
I asked ChatGPT: How to build 10 crore retirement corpus? The answer was a wake up call
Investing in mutual funds varies by age to build a 10 crore corpus. Younger investors benefit from compounding over decades, while older investors face increased monthly requirements.
Gold monetisation scheme: Govt plans e-gold units to unlock idle gold, boost liquidity
Proposal to offer dematerialise units of idle physical gold for future fast-track sales, loans and jewellery conversion. Move to unlock idle gold in India to reduce import and foreign exchange drain
Gold and silver prices remained stable in India's retail market on Saturday, May 2. Check retail rates of 24K, 22K gold, 999 silver today in major cities of the country.
6 personal finance mistakes to avoid in May 2026 for a stronger financial future
Avoid costly personal finance mistakes in May 2026 for stronger financial growth as poor planning, emotional investing and debt misuse can erode long term wealth stability and returns.
Fresh developments around the 8th Pay Commission updates include regional visits, extended deadlines, and key meetings shaping pay, pension, and allowance reforms for central government employees, pensioners, and associated stakeholders across India.
New income tax rules for doctors: Who needs to maintain Form 25 and why
It is a prescribed daily case register required to be maintained by practitioners of any system of medicine under Rule 46(6) of the Income Tax Rules, 2026.
Bank holiday today: Are SBI, HDFC Bank, and other banks closed on Saturday, May 2?
Banks in India are open today, May 2, 2026, as it is the first Saturday of the month. They will be closed on May 9, May 23, and May 27 as per the RBI's holiday schedule. Online banking and ATMs remain operational during holidays.
I asked ChatGPT: SIP or home loan prepayment what's better? The answer was surprisingly logical
As a 40-year-old married person with one kid, here's how you can repay your home and car loans while investing in SIPs. Follow this balanced approach to secure financial stability in the long run, as AI said.
P2P portfolio: Should you invest in peer-to-peer lending to earn high returns? Experts weigh in
P2P: In peer-to-peer lending, individual lenders offer unsecured loans directly to borrowers via RBI-regulated online platforms.
Are you paying active fees for a passive fund?
Active share helps you spot whether your active fund is actually just tracking the index at a higher cost.
Should you replace 5 credit card EMIs with 1 personal loan? ChatGPT explains
I asked ChatGPT if I should consolidate 5 credit card EMIs into a single EMI by taking a personal loan. Check what the AI chatbot said:
ITR filing 2026: Who can claim meal card benefit before 31 July deadline? Rules explained
The revised tax treatment for employer-provided meal benefits raises the tax-exempt value to 200 per meal from 50, effective 1 April 2026. Here's who can claim it.
Transform your mindset with powerful personal finance books that build wealth habits, sharpen money decisions, and guide you towards long-term financial freedom through simple, practical and timeless investing principles.
For a Bengaluru-based Software Development Engineer who is starting out in her/his career, aims to accumulate a corpus of 1 crore in 15 years. Here's how to do it with SIP plans, as suggested by ChatGPT.
Dividends, bonus shares and buybacks taxation in India: Rules, rates and reporting process explained
Income from the stock market is taxed based on its type: dividends are taxed as income, and bonus shares are taxed differently upon sale. Here are the tax rules for dividends, bonus shares, and buybacks.
