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I bought a land for Rs 22k and sold it for Rs 17 lakh, how can I save capital gains tax on this?
ET Wealth Reader's Query: I am a homemaker who sold a residential plot for Rs 17.4 lakh, which I had purchased in 1989 for Rs 22,000. What is my tax liability on this sale and available options to save on capital gains tax?
Govt, ADB sign loan pacts worth $800 mn for projects across Maharashtra, Madhya Pradesh and Gujarat
Assam gets $1-million technical assistance grant for its fisheries project
Bank holidays in December 2025: Banks to be closed on these days, check state-wise holiday list
The Reserve Bank of India has released the December 2025 bank holiday list, detailing closures across various states for regional festivals and national observances. Customers can plan their banking activities around these dates, which include holidays like Christmas, Goa Liberation Day, and several death anniversaries and local celebrations.
How much SIP is required to reach Rs 1 crore? This calculator gives the answer
7 equity funds offer over 25% CAGR in multiple timeframes. Are they part of your portfolio?
Seven top-performing equity mutual funds, including Bandhan Small Cap and HDFC Mid Cap, have delivered over 25% CAGR across three- and five-year periods, making them standout long-term performers.
Can OCI cardholder get Aadhaar card issued?
Best dynamic bond funds to invest in November 2025
Dynamic bond funds adapt to interest rate changes, investing in short- or long-term securities as needed. While not risk-free, they are ideal for investors seeking 35 year returns without predicting RBI actions. Kotak Dynamic Bond Fund and ICICI Prudential All Seasons Bond Fund are top picks for November 2025.
In a significant ruling from the Delhi High Court, a senior citizen has successfully reclaimed his property from his daughter and her family. The court emphasized that elderly individuals are not required to provide evidence of mistreatment to reclaim their living spaces, reinforcing their rights under the Senior Citizens Act of 2007.
Government pensioners have two days left to submit their annual life certificate. This mandatory process ensures continued pension payouts. The digital Jeevan Pramaan system uses Aadhaar for biometric authentication. Pensioners can submit this online using face authentication. Successful submission by the November 30, 2025 deadline prevents pension delays. This verification is crucial for all government pensioners.
Uttar Pradesh is embracing a revolutionary approach to property transactions with its new title-based registration system. This innovative method will authenticate ownership prior to any sale being registered, effectively curbing fraud and minimizing legal disputes. In the past, buyers depended solely on the documents presented to them.
These 4 smallcap mutual funds lose over 10% in 1 year. Do you own any in your portfolio?
Four smallcap mutual funds have fallen over 10% in the past year, with both active and passive schemes seeing notable declines.
Can Rs 500 SIP at 16 help build a future business fund? Expert share best investment strategy
A Rs 500 SIP started at age 16 can be a powerful first step toward building future business capital. Experts say early investing matters more than the amount. A Balanced Advantage Fund, such as ICICI BAF, can offer growth with controlled risk, helping young investors begin their long-term wealth journey.
December financial changes: Key banking, pension & ITR filing due dates you must not miss
Bank customers and pensioners face crucial deadlines in November 2025. SBI is discontinuing its mCASH service. Pensioners must submit their life certificates. A deadline also exists for switching from NPS to UPS. Taxpayers have key dates in December 2025 for filing Income Tax Returns and linking PAN with Aadhaar. Staying informed helps avoid last-minute issues.
MF & SIF investments in REITs to be treated as equity from January 2026
Starting January 1, mutual funds and specialized investment funds will classify their commitments to REITs as equity investments. Meanwhile, infrastructure investment funds will retain their hybrid status. Existing investments in REITs under debt schemes will be preserved until December 31, 2025, allowing fund managers time to adapt.
Niva Bupa Health Insurance launches digital learning programme for upskilling advisor community
The entirely virtual training curriculum will focus on market potential, product mastery, claims mastery and digital business growth
Massive consolidation aims to cut compliance burden and improve regulatory clarity
Bandhan Bank looks to complete process of selling 7,000-crore bad assets to ARCs in third quarter
Banks board approves proposal for sale of identified non-performing assets and written-off portfolios, through bidding process, to asset reconstruction companies or permitted transferees
Banks must not force customers to opt for online banking channel: RBI
Banks shall also obtain explicit consent from the customer for providing digital banking services which may be duly recorded
Exploring the features of personal and education loans
Just a month in, Equitas Finance Head Manish Agrawal quits
Agrawal, who joined the bank on November 5 as a senior leadership hire, cited personal reasons for stepping down with immediate effect, according to a letter addressed to the banks Chief People Officer filed in the exchanges
New labour codes to strengthen legal rights, social security and safety for dock workers
Safety provisions under the new codes now apply to all dock employees. Employers must facilitate annual, employer-funded health check-ups to ensure early detection of occupational risks.
Investments by mutual funds, SIFs in REITs to be treated as equity, effective Jan 1: Sebi
Sebi has reclassified REITs as equity instruments effective January 2026, enabling greater mutual fund participation. Existing REIT holdings in debt schemes will be grandfathered, while InvITs remain hybrid. The regulator also revamped the distributor incentive framework to boost retail participation beyond major cities
Indian residents with undisclosed foreign assets under scanner: Tax Dept launches NUDGE 2.0 campaign
On Monday, December 1, 2025, banks will remain closed in selected cities, including Itanagar in Arunachal Pradesh and Kohima in Nagaland, while the closure will not be nationwide.
IRDAI convened a high-level meeting with insurers to address the growing number of unresolved policyholder complaints. IRDAI urged insurers to adopt a more proactive, policyholder-centric approach and to strengthen their internal systems to ensure strict compliance with prescribed timelines.
NFO Alert: Bandhan Mutual Fund launches 2 commodity-based ETFs
Bandhan Mutual Fund has launched two commodity-based ETFsBandhan Gold ETF and Bandhan Silver ETFdesigned to track domestic prices of physical gold and silver. The NFOs are set to open on December 1 and close on December 3, with continuous trading beginning on December 12. Both funds aim to offer smart, transparent access to precious metals
State Bank of India alerts pensioners to a scam. Fraudsters impersonate bank officials to trick them into sharing sensitive data. Their aim is to change your registered mobile number and seize control of your bank account. Pensioners must not share OTPs or banking details. Be vigilant against suspicious calls and links.
Aggressive hybrid mutual funds see 13% YoY AUM jump, touch Rs 2.5 lakh crore in October
Nomura has initiated coverage on Anthem Biosciences with a Buy rating and a 740 target, citing attractive valuations, strong CRDMO positioning, diversified capabilities, and robust revenue and earnings growth projections despite recent stock correction.
Invesco India Midcap and Bandhan Small Cap among 7 funds with 25%+ CAGRs over 3 and 5 years
Seven equity mutual funds have delivered over 25% CAGR over both three- and five-year periods, according to an ETMutualFunds analysis. The list features major schemes such as Invesco India Midcap Fund, Bandhan Small Cap Fund, and HDFC Mid Cap Fund. Of the seven, five are mid-cap funds, one is small-cap, and one is a large & mid-cap fund, selected from 205 eligible schemes.
Microfinance can drive macro progress', says RBI Deputy Governor Swaminathan J
When microfinance is delivered responsibly, ... it turns access into livelihoods, borrowers into business owners, and informal activity into measurable economic output, noted Swaminathan
Retirement crisis: 8 big pension & gratuity disputes every worker must know
New labor codes have sparked interest in gratuity rules, with fixed-term and contract workers now eligible after one year of service. This change, however, does not extend to permanent employees, who still require five years of continuous service to qualify for gratuity benefits.
Zerodha Mutual Fund crosses Rs 10,000 crore AUM in 2 years, scales to 8+ lakh investors
Zerodha Fund House, the index-focused joint venture between Zerodha and Smallcase, has surpassed 10,000 crore in assets under management within just two years of launch, Smallcase founder Vasanth Kamath announced on LinkedIn.
The Chhattisgarh High Court has made a significant ruling regarding a daughters application for a job following her mothers death 15 years ago. The court underscored that compassionate job placements are designed for those in acute financial distress at the moment of loss.
The Unique Identification Authority of India is preparing to launch a new feature. This will allow users to update their Aadhaar mobile number from home. The update will use OTP and face authentication. This will simplify a crucial Aadhaar service. Citizens will no longer need to visit enrolment centres. The service is expected to be available soon.
In a recent ruling, the Madras High Court turned down a grandfather's petition for child support from his ex-daughter-in-law, highlighting that he did not possess the necessary legal authority to pursue such claims. The court clarified that the childs father, who retains custody, is both alive and financially able to provide for his offspring.
11 mutual funds and 1 SIF NFO are open for subscription now. Check details
Twelve new offeringsincluding 11 mutual funds and one SIFare currently open for subscription across index funds, ETFs, FoFs, multi-asset, sectoral, FMP, and long-short categories.
Planning a destination wedding? Budget-friendly tips to cut costs without compromise
SIP magic: Nifty flat in 14 months but 167 mutual funds gave double-digit returns
Despite the Nifty 50 remaining flat for 14 months, 167 equity mutual funds delivered double-digit returns through SIPs. This performance, partly driven by market volatility and momentum, saw funds like TRUSTMF Small Cap Fund and Invesco India Midcap Fund offer significant XIRR. Experts advise continued disciplined investing and step-up SIPs for long-term wealth creation.
Best short duration mutual funds to invest in November 2025
Short duration funds are ideal for investors seeking debt schemes with maturities of one to three years. These funds balance risk and return, being less volatile than liquid options but safer than longer-term investments. HDFC Short Term Debt Fund, ICICI Prudential Short Term Fund, and Axis Short Term Fund are recommended for November 2025.
Bandhan Bank to sell off NPAs, written-off portfolios worth nearly 7,000 crore
The bank will adopt the Swiss Challenge method for sale of its NPA portfolio with a principal outstanding amounting to 3,212.17 crore
Rs 1.82 cr higher retirement corpus if your basic salary of Rs 32K rises under new labour codes
India's new labour laws offer a significant boost to retirement savings. Employees can build a larger corpus by increasing their basic salary component. This change mandates employers to allocate at least 50% of CTC to basic pay. Consequently, EPF and NPS contributions rise, leading to substantial additional retirement funds.
Sebi mulls Rs 2,000 incentive for MF investments from smaller cities, women
Mutual fund distributors can now earn an extra 2,000 commission for onboarding new individual investors from outside the top 30 cities or women. This incentive, payable from the investor education fund, requires a minimum one-year investment. The new framework, effective February 1, 2026, aims to broaden market participation.
NPCI arm targets 1 billion monthly transactions over 3-4 years
Currently, the company handles 260 million transactions a month
Tamilnad Mercantile Bank launches loan origination system to speed up loan processing
It will integrate automated checks, digital workflows, appraisal uniformity and internal connectivity, enabling TMB to process and approve loans more efficiently by reducing its Turn Around Time (TAT)
Sebi has replaced the B-30 incentive framework with a targeted commission model offering distributors up to Rs 2,000 per new eligible investor from February 2026. The incentive, funded through AMCs investor education allocation, excludes ETFs, FoFs and ultra-short-duration schemes, and aims to curb misuse while expanding retail participation, especially among women investors.
UGRO Capitals AUM could rise to over 16,000 crore in FY26: Founder & MD Shachindra Nath
UGRO Capital aspires to lower off-book loan share to 25-30%
BOBCARD launches Cashback Credit Card: How to activate and maximise everyday rewards
Pensioners must submit their Jeevan Pramaan Patra, a digital life certificate, by November 30, 2025. This biometric-enabled service allows pensioners to avoid physical visits to pension disbursing agencies. The process involves using a smartphone and the Jeevan Pramaan Face App. Checking the status of acceptance by the pension disbursing agency is crucial.
Godrej Capitals women-focused loan initiative Aarohi crosses 1,000 crore mark
Godrej Housing Finance contributed 56 per cent of total bookings, with over 600 crore from Prime Home Loans, while Godrej Finance accounted for 44 per cent, supported by over 220 crore from Prime LAP
New Labour Codes 2025: Full list of benefits for every worker category, check what applies to you
A breakdown of all the benefits introduced under the 2025 Labour Codes, covering FTEs, gig workers, women, youth, MSME employees, and more.
Individual NBP in life insurance may grow 9% in FY26: ICRA
NBP for life insurance sector expected to grow to 1.8 lakh crore in FY26
Top 5 multi-asset allocation mutual funds with highest risk-adjusted returns
Father's dream for daughter's marriage: How to build Rs 1 crore corpus
NRI Rajesh Sahni aims to build Rs 1 crore for his daughters marriage while securing long-term wealth for his children. Experts advise consolidating his SIPs into four core funds, increasing contributions to Rs 1.2 lakh monthly, and gradually shifting from equities to balanced and debt funds as the goal nears.
Top 5 equity mutual funds deliver over 30% CAGR on lumpsum investments in 3 years
The top-performing mutual funds for a three-year lumpsum horizon are dominated by value and gold-oriented schemes, all delivering strong compound returns. Despite impressive past performance, investors are advised to base decisions on risk tolerance, investment horizon, and financial goals rather than returns alone, ensuring alignment with long-term objectives and suitability
Nifty scales record high: Rs 2 lakh crore mutual fund cash waiting to be deployed
Nifty has hit a fresh record high, but mutual funds are staying cautious, holding over Rs 2 lakh crore in cashits highest in months. Elevated valuations, limited bargains, and selective opportunities are prompting fund managers to deploy money gradually despite improving macro fundamentals and optimism around upcoming earnings recovery.
The UIDAI has deactivated over 2 crore Aadhaar numbers of deceased individuals to ensure database accuracy, sourcing data from RGI and other government bodies. Aadhaar numbers are never re-assigned after deactivation to prevent identity fraud and misuse of welfare benefits. A new service on the myAadhaar portal allows reporting deaths for deactivation.
Why do financial planners recommend flexi-cap mutual funds for investment?
SGB final redemption date: This gold bond has turned Rs 1 lakh investment into Rs 4.29 lakh
The Reserve Bank of India has announced the final redemption price and date for Sovereign Gold Bond (SGB) 2017-18 Series-IX, set for November 27, 2025. The redemption price is fixed at Rs 12,484 per unit, reflecting a significant return of nearly 329% on the initial investment. This scheme offers a secure alternative to physical gold with annual interest.
Inherited property, gold or shares? Heres when youll actually pay tax in India
On November 21, 2025, the landscape of gratuity calculations will transform significantly. Fixed-term employees will newly qualify for gratuity after their first year of employment. The formula for wage calculation will include not just basic pay, but also dearness and retaining allowances, with an important addition of half the total remuneration.
MF Tracker: DSP Midcap Fund turns Rs 10,000/month SIP to Rs 1.37 crore in 19 years
DSP Midcap Fund has delivered significant wealth creation, turning a Rs 10,000 monthly SIP into Rs 1.37 crore over 19 years. While long-term SIP discipline proved effective, recent performance shows underperformance against its benchmark and category. Experts suggest continued SIPs in quality midcap index funds for future wealth accumulation.
Best medium to long duration funds to invest in November 2025
Medium to long duration debt funds invest in longer-term instruments, making them sensitive to interest rate hikes. Investors might face volatility and potential losses. Advisors often recommend safer short-term funds. However, those with a higher risk appetite and a long investment horizon can consider these funds with expert guidance.
SBI conducts Digital Life Certificate camp in Bengalurus St Mark's Road
The DLC system eliminates the need for pensioners to physically visit branches or certification authorities, offering significant relief to senior citizens, especially the aged
Canara Bank raises 3,500 cr in AT1 bonds to strengthen capital base
The issue is scheduled on Friday, the 28th of November, 2025 on the Electronic Bidding platform of NSE
Anticipation builds among central government employees and retirees as they eagerly await the announcements from the 8th Pay Commission regarding salary increases. The fitment factor, an essential determinant reflecting fiscal health and budget allowances, could potentially range from 2.13 to even more under favourable conditions.
The ITAT Ahmedabad has cleared Mr. Sanghvi from tax penalty by declaring it null and void. The penalty was based on allegations of misreporting income due to a mishap with his Section 54F capital gains tax exemption claim. However, the tribunal found that a mere calculation error in Section 54F does not indicate any intention of misreporting.
CAG sets up Centre of Excellence for Financial Audit in Hyderabad
CoEFA to support auditors, audit institutions and other stakeholders in developing the skills, tools and knowledge required to navigate the increasingly dynamic financial governance environment
The insurance ombudsman will register every complaint within one working day
UPS, Pension, Taxes, LPG Key tasks you must complete before November ends
As November comes to a close, several important government and financial deadlines are set to expire by the month end. Individuals who have not yet completed important tasks must do so by November 30, as many of these options will no longer be available from December 1 onward.
Employees will now receive their full and final settlement within two working days. This new labor code standardizes the process for all separations. Previously, settlements could take up to 30 days or longer. The change aims to provide employees with faster access to their dues. Employers may face operational challenges in meeting the new, shorter timeline.
Are zero-forex cards better than prepaid cards for overseas travel?
OCI Card renewal in India: Which documents are required for re-issuance of OCI Card?
Booked a flat for 2030? Here's how to sell mutual funds to claim Section 54F exemption
Section 54F allows a long-term capital gains exemption if the sale proceeds from non-residential assets are fully invested in constructing a new home within three years. Since the Bengaluru flat will be completed in 2030, selling mutual fund or foreign equity holdings around 2027 aligns with the timeline. Careful scheduling ensures eligibility.
Latest EPFO update: EPF passbook updates for Sep-Oct 2025 unavailable due to this reason
EPFO has announced that September-October 2025 wage details are temporarily not visible in EPF passbooks due to a revamped ECR ledger posting. This update is expected to be completed within a couple of days. Members can check their updated contributions via the UAN Member e-Sewa portal or the UMANG app.
The government took the biggest decision, repealing all 29 laws and implementing just four labor codes. This isn't just a change, but a rebuilding of the labor system. A new framework that makes things easier, clearer, and safer for both workers and industry.
Stablecoins emerge as key players in global payment systems
More incumbents are likely to follow suit to capture the stablecoin opportunity in cross-border payments, reserve and Treasury management: Experts
Fintech tops funding charts in Karnataka despite 40% drop in tech investments: Report
Karnatakas fintech sector records $841 million in funding for the first nine months of 2025, an increase of 38% from $608 million in the corresponding period last year
ESAF Small Finance Bank secure ESG Rating of 75.4 from CareEdge
The upgraded score marks a significant improvement from last years 68.1
Top 5 flexi cap mutual funds offer over 25% CAGR in 5 years
Top flexi cap funds have delivered strong five-year returns, with HDFC Focused Fund leading the list, followed closely by HDFC Flexi Cap and ICICI Prudential Focused Fund
JioBlackRock Mutual Fund receives Sebis nod to launch four new active funds
For lumpsum investment, the minimum amount in all these four funds will be Rs 500 and any amount thereafter and for SIP, the minimum amount in all four funds will be Rs 500 and in multiples of Re 1 thereafter.
World Bank approves funding for 2 projects in Punjab, Maharashtra
The projects will benefit more than 6 million people by using innovative digital solutions to improve the quality of education in Punjab state and boost incomes for small and marginal farmers in Maharashtra
Loan against shares offers quick and cheaper funding but what happens when your collateral crashes?
Taking a loan against your share portfolio might seem like easily available money which can be helpful for many investors but what happens when the market tanks and your Rs 10 lakh collateral becomes worth Rs 6 lakh? From margin calls to forced liquidation, here's everything you need to know about pledging shares for loans, and why the type of stocks you pledge matters more than you think.
UIDAI latest document list: UIDAI has revised acceptable documents for identity, address, relationship, and date of birth. These changes cater to all age groups, including children and seniors.
Your Rs 1,000 monthly SIP wont make you Elon Musk or Mukesh Ambani, says Rajeev Thakkar of PPFAS MF
At PPFAS Mutual Funds 2025 unitholders meet, CIO Rajeev Thakkar reminded investors that a Rs 1,000 monthly SIP cannot create billionaire-level wealth like that of Elon Musk or Mukesh Ambani. Explaining the compounding formula, he stressed that the Pthe principal amount must be significantly higher to achieve such outcomes, urging investors to set realistic expectations.
A separated wife has won her late husband's family pension. The Allahabad High Court ruled that family pensions are a legal entitlement, not subject to employee nomination alone. The court found the wife, legally wed and with no other livelihood, was entitled to the pension. Her husband had nominated their son, but the court prioritized the wife's statutory right.
