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Can increasing your SIP every year help you reach your goals faster? Here is what calculations show
Increasing your mutual fund SIP contribution every year can significantly accelerate wealth creation. For a Rs 1 crore target with a Rs 20,000 monthly SIP at 10% return, a 10% annual step-up cuts the timeline by nearly four years, leveraging the dual power of higher savings and compounding.
Indian taxpayers can claim capital gains tax exemptions by reinvesting sale proceeds. Section 54 and 54F allow exemptions for residential property sales and other assets. Specific timelines and conditions must be met for claiming these tax benefits. Unutilised amounts must be deposited in the Capital Gains Account Scheme. Reporting these exemptions is crucial in the Income Tax Return schedules.
High Courts are questioning GST notice validity when only uploaded online. Punjab and Haryana High Court ruled portal uploads are not valid service. Other High Courts also quashed notices due to improper tab placement. Taxpayers must now regularly check the GST portal for any notices. The Supreme Court may soon provide a definitive ruling on this matter.
Missed the smallcap recovery? Here's what's fuelling the 2026 surge and what to do now
Smallcap stocks have emerged as the best-performing asset class in 2026 so far, rebounding sharply after a correction in late 2025 and early 2026. ET Wealth examines the factors driving the rally and compares the performance of other major asset classes, including gold, silver, debt, midcaps and largecaps.
Rs 17.41 lakh penalty imposed due to error in ITR filed by junior staff in CA firm; Here's how affidavit from the CA firm's owner helps taxpayer get relief from penalty in ITAT Mumbai. Know how taxpayer won case in ITAT Mumbai
ITR filing deadline: The July 31 income tax return deadline approaches with many taxpayers yet to file. Experts are divided on whether the government will extend the filing deadline. Some believe the portal is functioning smoothly and an extension is unlikely. Others suggest a short extension might be granted if glitches persist. Taxpayers are advised to file their returns before the July 31 deadline.
The Employees Provident Fund offers retirement security and employer contributions. Mutual funds are voluntary investments with market-linked returns and potential capital gains tax. EPF provides additional benefits like pension and life insurance coverage. Mutual fund beneficiaries receive only the investment value upon death.
ITR filing rush: THESE 9 mistakes that can prove costly
SBI ERD sees much higher FCNR(B) inflows; rupee moves 360 degrees from shock absorber to not
SBIs ERD expects $80-$85 billion to flow into the country, including OFCB and ECB, up from an earlier estimate of $55-65 billion
Edelweiss Mutual Fund's upcoming REIT-oriented index fund has sparked investor interest as India's first such passive offering. Explaining why the scheme excludes InvITs, MD & CEO Radhika Gupta said current SEBI regulations do not allow passive funds to combine equity-classified REITs with hybrid-classified InvITs.
Axis Finance unveils Drishti Business Rules Engine for retail and MSME lending
The platform leverages automated underwriting, analytics and real-time data integration to enhance operational efficiency, risk management and customer experience
Gold rate today: Gold prices saw an increase on Monday, July 27, 2026, across major cities. The India Bullion and Jewellers Association provided indicative rates for various gold purities. Consumers should check current rates before purchasing gold jewellery.
Nippon India Mutual Fund surpasses 4 crore investor folios, marks historic milestone
Nippon Life India Asset Management has become the first mutual fund house in India to cross 4 crore investor folios. Reaching 40.2 million folios as of June 30, 2026, the AMC holds a dominant 39% share of the country's unique investor base, driven by deep retail penetration beyond metros.
Bitcoin ETFs end inflow streak as Fed rate concerns mount
Amid fluctuating investor sentiment over Fed rate hikes and legislative uncertainties, Bitcoin ETFs face significant withdrawals, highlighting the fragility of recent crypto gains
Buy, hold, or sell? Motilal Oswal on 8 top picks after Q1 results
Income below taxable limit? You're still missing out if you skip this
Indian investors now have no options for new international mutual fund SIPs. The Baroda BNP Paribas Aqua Fund of Fund suspended new investments on July 23. This action follows SEBI's overseas investment limits for mutual funds. Investors are exploring alternatives like LRS and GIFT City for global exposure. Global ETFs also offer a way to gain international diversification.
Q1 Results Today, 27th July 2026 Live Updates: Follow businessline for more Q1FY27 updates
UltraTech Cement plans its biggest rupee debt funding, bankers say
The company plans to raise 5,000 crore ($517.80 million) through bonds maturing in 2.5, 3.5, and 5 years
8th Pay Commission news: The 8th Pay Commission will hold stakeholder meetings in Chennai on September 7 and 8. Discussions in Puducherry are scheduled for September 9, with appointments closing August 18. Central government employee associations in Delhi met on August 7 and 10. The commission is gathering suggestions on pay, pension, and work conditions. Its final report is due in November 2025 after extensive consultations.
PMJAY, APY to PMJJBY: Govt schemes for the poor
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 112th part of this series, Riju Mehta lists some of the popular government schemes for the lower income groups.
RBI flags war risk: Will it change repo rate in Aug?
The RBI is widely expected to keep interest rates unchanged at its 5 August policy meeting, making it one of the few central banks in the region that has not changed policy in response to the Middle East conflict. Governor Sanjay Malhotra has indicated that the policy rate is likely to remain at 5.25%, unless price pressures become broader.
Gold, silver, equity or debt: Know the 2026 winner
Welcome to TrendMap, your quick guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. The annual returns are ranked across multiple asset classes, including equity, debt, and precious metals. This map shows that no single asset class reigns supreme. Hence, diversification helps. By Sameer Bhardwaj.
Is your portfolio serving you or the wealth manager?
Being rich does not automatically make you a better investor. It just means that you get sold to differently. And it makes you more vulnerable and a better target! The system is often designed to sell what brings the most commission, not what suits the client. And often, higher commissions are used to sell the comparatively worst and unsuitable products.
How pursuit of wealth is affecting mental well-being
According to a recent study by ManipalCigna Health Insurance, while only 1% describe their overall health as poor, as many as 82% claim they are stressed. 82% Indians have high stress, with 13% describing it as unmanageable and 69% describing stress as manageable. Moreover, 1 in 3 doesnt want to buy a health plan.
Start investing early, retire with confidence
Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.
SIP breaks can delay your financial goals
Financial mistakes are often measured by lost rupees, not lost time. Compounding benefits are significantly impacted by delays and interruptions in investments. Pausing systematic investment plans can push financial goals further into the future. Withdrawals from investments also reduce capital available for compounding over time. Increasing SIP contributions can help investors recover lost time and build wealth.
Sebi's Rs 25 lakh PMS plan: What it means
India's securities regulator is proposing major changes to portfolio management services. A new category will lower the minimum investment to Rs. 25 lakh. This move aims to make professional management accessible to more investors. The proposals also allow for wider investment in foreign and unlisted securities. These changes could reshape the investment landscape for many individuals.
Last-minute ITR filing checklist for July 31
Taxpayers must file income tax returns by the July 31 deadline to avoid penalties. Accuracy is paramount, and mismatches in the Annual Information Statement require careful reconciliation. Foreign asset disclosures and F&O reporting errors can lead to significant tax complications. Understanding deemed residency rules is crucial for Non-Resident Indians filing their returns. Late filing incurs fees and restricts tax regime options and loss carry-forwards.
Credit card rewards: Spend smart, earn more
Banks increasingly reward engagement rather than ownership. Issuers want your premium card to become your preferred spending instrument, as it determines whether they earn interchange income, interest or merchant partnerships. Thats one reason why targeted offers, bonus reward campaigns and accelerated earning opportunities exist throughout the year.
Digital Nomad visa: How it works & who should apply?
Digital nomad visas now offer professionals a new route for global mobility. These permits allow individuals to live abroad while working remotely for foreign employers. Remote work acceptance after the pandemic fuels the rise of these attractive new visas. Spain and Portugal are top destinations for Indians seeking this lifestyle. Careful tax planning and understanding local rules are crucial for applicants.
Gold, silver reset: What should investors do now?
Gold and silver prices have significantly declined after reaching peaks earlier this year. This correction follows a period of strong gains driven by geopolitical risks and momentum. Experts suggest the current pullback is a normalisation after excesses and not a long-term trend reversal. Long-term fundamentals for gold and silver remain intact, supported by central bank buying and consumer demand.
Looking for better SIP returns? This mutual fund category has outperformed
Systematic investment plans build wealth, but returns differ across mutual fund types. Sectoral funds, particularly pharma and healthcare, showed superior recent performance. Diversified funds like flexi caps offered moderate and stable long-term returns. An analysis covered 546 equity mutual funds and their market cycle performance. This data highlights varied outcomes based on fund category selection.
We are committed to ensuring financial stability
We will do whatever is required first to maintain price stability and then to see to what extent we can support growth, says RBI Governor Sanjay Malhotra
Inflation remains RBIs foremost priority: Governor Sanjay Malhotra
Measures led to $32 billion inflows, largely through FCNR(B), says RBI Governor
The entire EPF auto refund process is expected to get ready by August end
PNB profit to cross 20,000-cr mark in FY27: MD Chandra
PNB MD Ashok Chandra says the lender will build on its 5,000 crore-plus quarterly profit run while expanding retail, MSME and agri lending.
Mutual fund NFOs: 5 new funds will open for subscription this week. Check dates and key details
Five new mutual fund NFOs, primarily passive in nature, will open for subscription this week. The lineup includes four ETFs and one fund of funds across midcap, banking and dividend themes. Invesco, SBI, DSP and Edelweiss are launching these schemes, with minimum investment starting at Rs 5,000.
Equity mutual funds delivered up to 7% returns in the week of July 20 to July 24, led by international funds. Nippon India Taiwan Equity Fund topped the chart, followed by global and commodity-focused funds. Most schemes posted moderate gains, while a few saw marginal declines, according to ACE MF data.
Small cap mutual funds have delivered strong three-year returns, led by Bandhan Small Cap Fund at over 27%. Other funds such as ITI, Invesco India and Bank of India Small Cap also posted healthy gains. Investors with a three-year horizon may consider these funds based on performance, AUM and expense ratios.
Old father evicts youngest son from his ancestral village home as son tortured and humiliated him, wins case on this ground in Orissa High Court. The Orissa High Court said that the primary object of the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, is to give social justice to parents and senior citizens.
AU Small Finance Banks Q1FY27 net profit up 37% at 796 cr
Net interest margin (NIM) rose to 5.9 per cent in Q1FY27 from 5.4 per cent in the year ago quarter
IDFC FIRST Banks Q1FY27 net profit soars 132% to 1,075 cr
In the reporting quarter, the Bank recorded a 21 per cent growth in net interest income at Rs 5,972 crore (Rs 4,933 crore in the year ago period)
An Employees Provident Fund subscriber could accumulate over Rs 1.12 crore in 30 years. This significant corpus is projected with a Rs 25,000 monthly salary and an 8.25% interest rate. The total contributions amount to Rs 33.26 lakh, while interest earned reaches Rs 78.49 lakh. Compounding interest plays a crucial role in this substantial wealth accumulation over time.
WestBridge said to be considering stake sale in Star Health
WestBridge is reported to have spoken with financial advisers to evaluate a sale of its 40% stake in the insurance company
Old Bridge, ITI, Navi, Samco, and Bajaj Finserv Flexi Cap Funds held the highest mid and smallcap exposure in June 2026, reflecting aggressive positioning toward higher-risk, growth-oriented segments.
Builder ordered by TGRERA to relay terrace flooring and execute comprehensive waterproof treatment to ensure a permanent solution to resolve the water seepage issues in new apartment. In this case the homebuyer found water leakages and seepage issues weeks after buying flat. Read the article to know the details of the case and how the homebuyer won.
Up to 25% CAGR in 3 years! Invesco India Mid Cap, 4 others delivered stellar returns
HSBC Midcap, Invesco India Mid Cap, ICICI Prudential Midcap, WhiteOak Capital Mid Cap, and Edelweiss Mid Cap led midcap mutual fund returns over three years, delivering gains of up to 25.2%.
Supreme Court sets aside employee dismissal over bias allegations which he later on withdrew; Court says withdrawal of allegations doesn't erase apprehension, orders fresh probe. Know what happened with this employee and what the Supreme Court said about his dismissal.
Explained: Sebi simplifies mutual fund transmission process. Here's what it means for investors
SEBI and AMFI have streamlined mutual fund transmission rules, simplifying claim procedures for nominees, joint holders, and legal heirs through standardized documentation, reducing delays and easing access to investments after an investor's death.
Gold rate today: Gold prices showed a marginal increase at select Indian jewellery brands today. Tanishq maintained Friday's 22-carat gold rate per gram. Malabar Gold & Diamonds and Joyalukkas saw a slight rise in their 22-carat gold prices. Kalyan Jewellers had not yet updated its 22-carat gold rates. IBJA rates for various gold purities and silver were also provided.
Edelweiss Mutual Fund introduces India's first REITs-oriented index fund. This new fund offers investors easier access to the listed real estate sector. It will track the Nifty REITs & Realty Total Return Index effectively. The fund opens for subscription on August fifth, providing diversified exposure. Investors can benefit from potential tax efficiencies and long-term growth trends.
Highest FD rates: Senior citizens can secure higher returns on fixed deposits with select banks. Bandhan Bank, IndusInd Bank, and YES Bank offer 7.75% on three-year FDs. DCB Bank leads with an 8.00% interest rate for five-year fixed deposits. Public sector banks like Bank of India provide 7.45% on three-year FDs. State Bank of India offers 7.05% for five-year fixed deposits to senior citizens.
EPFO underpaid school employee's EPS; he files case and wins in consumer commission as commission ruled that the correct factor for his period of service was 0.94, but EPFO wrongly applied the 0.85 factor meant for 10 months of service. Know how this employee won the case against Employees' Provident Fund Organisation.
Many investors do not know the exact monthly SIP needed for their financial goals. Excel's PMT function helps calculate the required investment amount for future targets. Investors must first determine their target corpus and the desired time frame for accumulation. Accounting for inflation is crucial to adjust the financial goal's future value. This calculation ensures investors can effectively reach their desired corpus through systematic investments.
NRIs receiving gifts from resident Indians face varying tax implications. Gifts from specified relatives are fully exempt from Indian income tax. Non-relative gifts exceeding fifty thousand rupees become taxable income. FEMA rules also govern the transfer of money and assets. Proper documentation is essential for both taxable and exempt gifts.
Saturday bank holiday: Are banks open or closed today on July 25, 2026?
Banks across India will remain closed on Saturday? Reserve Bank of India guidelines mandate banks close on second and fourth Saturdays. Digital banking services will remain accessible for customers throughout the day. However, certain transactions will require a visit to a bank branch.
Indian-origin millionaire shares practical wealth-building lessons, investing tips and the single most important factor behind getting rich and achieving financial freedom. And the factor is not intelligence or being the smartest person in the room.
As gold and silver prices recover in a week, what should precious metal investors do now?
Gold and silver prices saw a mild recovery last week on the MCX. Investors are rebuilding long positions and increasing inflows into gold ETFs. Geopolitical uncertainty and stretched equity valuations support precious metal demand. Market participants will monitor Middle East developments and the Federal Reserve meeting. Investors should adopt a staggered investment approach for precious metals.
BNP Paribas Cardif to acquire 26% stake in IndiaFirst Life from Warburg Pincus
Following the transaction, Bank of Baroda will retain a 65% stake in IndiaFirst Life, while BNP Paribas Cardif will hold around 26%.
Crypto exchanges hail governments SRO proposal as most practical interim measure for VDA
These regulatory bodies will operate under regulatory oversight until the government introduces a comprehensive framework
BoIs Q1FY27 net profit up 36% in Q1FY27 at 3,068 cr
Net interest margin (NIM) was a shade lower at 2.52 per cent against 2.55 per cent in the year ago period
Q1 Results Today, July 24, 2026, Highlights: Follow businessline for more updates
Retail policy market to be strategic focus for company going ahead, says ManipalCigna Health MD & CEO Joydeep Saha
No proposal to make insurers follow treating doctors opinion on claims: Centre
While the government acknowledged that insurers consider clinical assessments among other factors, it emphasised that claims are ultimately decided according to policy conditions
Bank of Barodas Q1 FY27 profit drops 72% due to a one-time NMC Group settlement
Excluding the aforementioned impact of 5,680 crore, the public sector banks net profit would have been 5,528 crore
SBI Life posts 22% PAT growth in Q1 FY27, APE surges 36%
The sharpest growth came from the protection segment, where new business premium more than doubled to 1,960 crore
The Latest Home Loan Interest Rates: Jul 24, 2026
The Latest Home Loan Interest Rates: Jul 24, 2026
Mutual fund NFOs: 8 new funds are open for subscription now. Check details
Eight new mutual fund NFOs are currently open for subscription, spanning ETFs, flexicap, large & midcap, midcap, sectoral, FoF and fixed maturity categories, offering investors diverse investment options.
Is government launching minimum pension scheme for all citizens? Ministry responds in Parliament
Parliament heard that the government has no minimum pension scheme plans. The Code on Social Security, 2020, aims to extend benefits to unorganized workers. This code also provides for setting up a Social Security Fund. The Employees' Pension Scheme, 2026, is a pooled fund for eligible workers. Unclaimed EPF amounts in inoperative accounts totaled over Rs 9330 crores.
Rebuilding capital markets: Binance outlines the shift towards tokenised financial infrastructure
Traditional finance markets are transforming through digital ledger technology. Tokenized stocks offer continuous trading and instant settlement globally. This innovation eliminates traditional market access barriers and high entry costs. Investors can now trade assets even when traditional markets are closed. Binance is leading this shift with its integrated TradFi Stack ecosystem.
Shriram Finance net profit up 60% in Q1 on NII growth
During the quarter, MUFG Bank, the Japanese banking giant and subsidiary of Mitsubishi UFJ Financial Group, completed its acquisition of a 20 per cent equity stake in Shriram Finance
RIL and BSE among top 5 largecap stocks sold by mutual funds in June. Check details
Mutual funds were net sellers in several large-cap stocks in June, with Reliance Industries topping the list, followed by Hindalco Industries, NTPC, BSE and Tata Steel, according to Dolat Capital.
Brokerages say Paytm is executing well in a market with large profit pool, raise target price
Paytms Q1 FY27 revenue reached 24.5 billion, a 28% year-on-year and 8% sequential increase; Net profit rose 79% year-on-year to 2.2 billion
Husband working in wife's father's company says she got his signatures on marriage documents without consent; Gujarat HC rules marriage invalid as no Hindu marriage ceremonies including 'Saptapadi' were performed. Know what Gujarat High Court said about Hindu marriage and how the husband won this case.
8th Pay Commission latest news: Central government employee bodies are demanding the Old Pension Scheme's restoration from the 8th Pay Commission. However, the government has stated no such proposal is currently under consideration. Employee unions argue the New Pension Scheme offers insufficient retirement security for many workers. They advocate for the OPS to provide a respectable and sustainable pension for all employees. Several states have previously reverted to the OPS after implementing the NPS.
As much as Rs 9,330.56 crore lies in inoperative Employees Provident Fund accounts. This unclaimed amount is as of March 31, 2026, according to government data. The Employees Provident Fund Organisation is conducting outreach initiatives to inform members. Inoperative accounts are those with no contributions for three years after retirement. Workers can claim their inoperative EPF funds by transferring or withdrawing them.
Explained: Sebi proposes MF-PMS framework model with entry fee at Rs 25 lakh. Who stands to benefit?
SEBI has proposed a major revamp of the Portfolio Management Services (PMS) framework, including the launch of a new mutual fund-only PMS (MF-PMS) category. The proposal aims to widen investment options for portfolio managers, improve investor access to professionally managed portfolios, and create new business opportunities for PMS providers and mutual fund distributors.
SBI to issue first rupee-denominated perpetual debt of 2026, sources say
State-run Canara Bank was the last lender to tap the market, raising 3,500 crore through Basel III-compliant additional Tier I perpetual bonds at a 7.55 per cent coupon in November 2025
The 8th Pay Commission will hold new meetings in Delhi on August 7 and 10. Employee unions and federations can present their demands and recommendations during these sessions. Stakeholders who submitted memorandums can request appointments by July 31.
EPF interest not credited yet? 3 easy ways to check if your PF interest has been credited
The Employees' Provident Fund Organisation has begun crediting 8.25% interest for the financial year 2025-26. Many EPF subscribers are receiving SMS notifications confirming this interest credit. Members can check their EPF balance through the EPFO portal, a missed call, or SMS service.
To purchase property in India, wife paid Rs 58 lakh from her bank a/c and husband paid Rs 80 lakh via his UAE bank a/c using Dubai exchange bureau; she got tax notice for unexplained property investment; she fights and wins case in ITAT Mumbai for this reason. Know how she won the case in ITAT Mumbai.
Presumptive taxation simplifies income computation for eligible taxpayers. However, a tax audit may be required if actual income falls below prescribed rates. This scheme benefits professionals and businesses with limited expenses and high margins. It reduces compliance burdens and the need for detailed record-keeping. Freelancers and gig workers should evaluate eligibility and profit margins carefully.
MF Tracker: Should you invest in this only international mutual fund open for subscription now?
With 11 international mutual fund schemes suspending fresh SIP registrations due to regulatory overseas investment limits, Baroda BNP Paribas Aqua Fund of Fund has emerged as the only international mutual fund currently accepting both fresh SIPs and lump sum investments. Experts, however, caution investors against investing solely because the fund remains open, highlighting its thematic nature and suitability only for specific portfolios.
Contractual teachers held as employees by the tax department and on this ground, Rs 9.48 lakh tax demand raised; ITAT Cochin rules administrative supervision over timings, attendance and leave does not automatically create an employer-employee relationship. Know what ITAT Cochin said about TDS on salary paid to contractual employees.
Is your CV costing you interviews? Fix these common resume mistakes before applying for next job
Crafting a foolproof CV requires highlighting achievements, not just duties. Tailoring resumes for each role and avoiding generic content is essential. Experienced professionals should prioritize recent work experience over academic history. Referrals improve visibility but do not guarantee job selection. Zero spelling and grammar errors create the strongest positive first impression.
