Livemint

The Bombay High Court ordered a son to vacate two properties gifted by his parents due to his failure to care for them, leading to a breakdown of relations. The court upheld that the gift deed conditions were unmet, justifying the property revocation.

Mutual fund investors could face additional costs if UPI MDR is introduced on such transactions under the new framework. The impact may vary depending on the investment plan, payment mode, transaction size and who ultimately bears the cost.

The govt released 21.35 crore worth of scholarships via DBT for over 6,000 agriculture students this week. Here's how you can log into the NSP website and send a fresh application online.

Your 20s can offer a powerful financial advantage: time, fewer responsibilities and the opportunity to build disciplined investing habits early. Experts explain how Gen Z can use SIPs, manage debt, control lifestyle inflation and avoid common investing mistakes to build long-term wealth.

Delhi High Court ruled that the insurance company must pay compensation to Yashpal as determined by the commissioner 7.86 lakh with 12% interest.

Many credit card users are falling into debt traps due to the Minimum Amount Due option. Misleading practices often occur without users' awareness, leading to unexpected charges and the loss of interest-free periods. 

The EPFO has issued 1,49,806 pension payment orders for higher contributions to retired applicants following a 2022 Supreme Court order. Here's a stepwise guide for how subscribers can check your claim on portal, Umang app, SMS, or missed call. 

The EPFO has introduced new waiting periods for final settlement and withdrawal benefits, while also allowing members to access a significant portion of their balance for specified needs. The government has clarified the rules and outlined measures to ease implementation. 

Missing just five of the markets best-performing days over the last 21 years could have made a significant difference to investors wealth. The impact was visible across large-, mid- and small-cap indices, with the wealth gap running into several lakhs.

An NRI and her resident sister can face different capital-gains tax treatment on the same property, while the resident co-owner can independently claim the reinvestment exemption.

8th pay commission: Here's how revision in fitment factor with CPC hikes of either 2, 2.38, and 2.57 could impact salary increase for mid-career central government employees at levels 6, 7 and 8.

Indias parking crunch is creating risks beyond scratches and dents. Flooding, theft, and falling objects can turn a parked vehicle into a costly problem. But does your motor insurance cover these risks, and does your parking location affect your financial protection? Find out the experts view.

Apple Pay is expected to launch in India by October, initially supporting only Visa and Mastercard credit cards. UPI payments may not be available at launch due to necessary approvals. 

DA hike: The West Bengal government will launch a dedicated website for its 7th pay commission, according to a senior official. The panel will post proceedings and official information on the portal. 

AMFI July 2026 data shows a sharp shift in investor inflows. Small-cap funds surged 39%, debt staged a recovery from outflows to inflows, while SIPs stayed above 31,000 crore. But rising mid-cap and small-cap valuations raise a fresh concern.

Retiring with 75 lakh? Here is a practical retirement corpus allocation across cash, bank FDs and equity mutual funds, balancing emergency needs, regular income, inflation protection and long-term financial stability.

Investors often quit SIPs too early, driven by market volatility. Data shows that holding SIPs longer significantly reduces the risk of loss, highlighting the importance of a long-term perspective in investing.

Some credit card users who rely on autopay say they have found their payment settings switched to the minimum due without their knowledge. Heres what your credit card isnt telling you.

In a landmark judgment, the Allahabad High Court affirmed that a child adopted by a widow is entitled to inherit the property of her deceased husband. This ruling addresses long-standing confusion over the legal status of adopted children in inheritance matters. 

Major Indian banks and travel aggregators provide different foreign exchange rates. Check these rates, effective from 7 August 2026.

Value investing looks for stocks priced below their fundamental worth, while contra investing bets that market pessimism has gone too far.

Even a small error on your credit report can have a big impact on your borrowing plans. From an unfamiliar loan account to a late payment, inaccurate information can pull down your credit score and affect loan approval, interest rates and terms.

EPFO Vishwas 2026 offers eligible establishments a special window to settle pending EPF damage cases at reduced rates. The scheme covers cases before the Supreme Court, High Courts and CGIT, with settlements available until 29 December 2026.

Contrarian investing looks beyond market pessimism to identify sectors and stocks where prices may have fallen more than fundamentals. With IT, FMCG, autos and other Indian sectors trading below historical valuations, investors must distinguish temporary setbacks from structural risks.

For a new vehicle buyer, the immediate impact of the order to extend the upfront tenure of mandatory third-party motor insurance could be a higher upfront payment. Consumer choice could also be affected.

Rising healthcare costs have become the biggest financial concern for corporate employees, with 94% saying unexpected medical bills cause financial stress. Despite this, 45% have no personal health insurance beyond employer-provided cover.

Gold and silver prices today, 11 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

The government is preparing rules to enable online applications for nil- or lower-TDS certificates under the Income Tax Act, 2025. The move could simplify compliance, reduce excess TDS deductions and help eligible taxpayers avoid refund delays.

 ITAT Chennai ruled that the tax benefit could not be denied merely because the earlier agreement to sell was unregistered, as the consideration was fixed earlier and payments were made through RTGS.

The new wage code provides for overtime at not less than twice the normal wage rate, but this does not automatically revise OTA for Central government employees. 

8th Pay Commission: Bharat Pensioners Samaj has urged the Commission to revise DA and DR quarterly, merge DR at 25%, raise minimum pension to 45,000 and ensure pension parity. 

SEBIs FY26 data shows top five small-cap funds take 51 days to liquidate half their portfolios, versus 23 days for mid-caps. Experts say lower small-cap liquidity and rising AUM can increase redemption risks, making stress-test trends worth monitoring.

Momentum strategies capitalise on market trends by purchasing ascending stocks while exiting underperforming names.

Indian investors are looking beyond domestic markets, with overseas equities and crypto both seeing strong participation. The data reveals that investors are using both as part of a broader diversification strategy.

The government said the 8th Pay Commission was given 18 months from the date of its constitution to submit its report. Here's who could benefit and what remains undecided on salaries and pensions.

Multi-asset allocation funds may look similar, but their risk profiles can be poles apart. Of the 34 schemes, only one carries a Low risk rating, while five are rated High risk. The portfolio mix offers some clues.

Even if the RBI keeps the repo rate unchanged at 5.25% in 2026, your home loan EMI may not stay the same. MCLR-linked loans can move independently, while even repo-linked loans may see changes. Historical data reveals an uneven link between the MCLR and policy rate. 

The proposed tax change could make REIT and InvIT dividends tax-free for investors regardless of the tax regime chosen by the underlying SPV. However, interest and other components of distributions will remain taxable, so investors must check the payout breakup before calculating post-tax returns.

The Ladli Behna Yojana serves as a crucial pillar for economic empowerment, supplying eligible women across Madhya Pradesh with direct financial assistance of 1,500 every month.

Filed ITR for AY 2026-27 and received an income tax notice? Before responding, taxpayers can authenticate it online to check whether it was genuinely issued by the department. Heres how the DIN and OTP-based verification can help you spot fake notices.

Viral claims suggest UPI payments could soon become chargeable after a recent PSS Act amendment. MyGovIndia has clarified that routine personal UPI transfers remain free. Here are the key myths and facts every UPI user should be aware of.

For equity mutual funds, exchange-traded funds and stocks, the holding period required to qualify as a long-term investment is more than 12 months. STCG on these assets is taxed at 20%, while LTCG is taxed at 12.5% on gains exceeding the applicable annual exemption threshold.

Cancelling a credit card with an outstanding EMI does not erase repayment obligations. Know what happens to EMIs, foreclosure charges, pending dues and credit scores before closing your card. 

A daughter sued her father for withdrawing money from her PPF fund. The Delhi High Court ruled that a father cannot withdraw funds from his daughter's PPF account for maintenance payments.

Parag Parikh Flexi Cap Fund increased holdings in 11 existing stocks in July, with Petronet LNG, CIE Automotive and gas companies among the biggest additions. The fund made no fresh equity additions or complete exits, while its cash allocation declined from 12.72% in June to 11.74% in July.

Indian students studying in the US can invest in both Indian and US stocks, but their investment options and tax obligations depend on FEMA status, Indian tax residency, US tax residency, source of funds, and applicable reporting and withholding rules.

Indias uninsured-vehicle gap is a renewal and enforcement problem, and extending policy tenure may only postpone the point at which compliance breaks down.

Industry expert provides insight to whether a homebuyer can use SWPs from mutual funds to support home loan prepayments. Check best investment option for clearer audit trail, stronger legal footing and lesser risk of disputes during assessment proceedings.

A 10,000 monthly SIP in nine flexi-cap funds would have grown to at least 26.5 lakh in 10 years, with the best performer reaching 36.5 lakh. Quant Flexi Cap Fund topped the list with 21.1% returns, while HDFC Flexi Cap and Parag Parikh Flexi Cap also delivered more than 17%.

Data suggests do-it-yourself investors may be quitting SIPs without giving them enough time. Rolling returns since 2005 show how the odds of losing money shrink the longer you stay.