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ITAT ruled in favour of a woman whose timber business was treated as her husbands family firm by the Income Tax Department. The tribunal found insufficient evidence linking the two businesses, highlighting the importance of proving ownership in tax disputes.

Term insurance bookings among high-net-worth individuals have doubled since April 2023, while average coverage has risen 30%, Policybazaar data shows. Details here.

Given the complex nature of strategic transactions, the indicative guidelines give flexibility to ensure cost and time spent in lengthy processes is not wasted, the ministry said.

Financial planning goes beyond mutual funds. A 1 Finance report identifies six areas investors should review annually: estate planning, loans, investments, income and expenses, insurance, and tax. These checks can help protect wealth and keep long-term goals on track.

Central government employees' dearness allowance rose to 63% of basic pay in 2026 after a three-percentage-point increase. Here's a look at the allowance's growth over the past 10 years.

EPFO is drawing up guidelines to invest up to 3% of fresh annual inflows in startups and alternative investment funds (AIFs), five years after government approval. The proposal is expected to go before its board in November.

Vasudevan said his daughter being the co-promoter of an NBFC was disclosed to Equitas SFB's board and the Reserve Bank of India, and despite there being no conflict of interest, the perception has persisted.

A Mumbai consumer commission has ordered a developer to refund 45.45 lakh to a homebuyer who waited nearly a decade for a Panvel flat, with 9% annual interest taking the payout to 86.37 lakh. However, it rejected his claim for 5.23 lakh in home loan interest.

Prime Minister Narendra Modi will release the 24th PM-Kisan instalment on October 30 at an event in Gujarat. Here's how to check the payment status. 

ITAT Chennai has deleted a 26 lakh penalty on a salaried taxpayer who accepted a 26 lakh cash advance while selling his house to repay an outstanding home loan. The tribunal cited reasonable cause, considering the genuine transaction and financial circumstances.

AI can help investors identify costly funds, idle cash and gaps in financial planning, but it may not replace human judgement. A 1 Finance report says effective financial advice extends beyond investment returns to goal planning, behavioural coaching and monitoring changing financial needs.

SEBI chief Tuhin Kanta Pandey warned against investment scams on WhatsApp and Telegram, saying people are losing money to misleading promises. SEBI has introduced a tool to verify bank accounts, UPI IDs and QR codes linked to regulated market entities.

Jio Platforms listing adds a new stock for mutual funds to consider. Experts explain how holding Jio alongside Reliance Industries could create group-level overlap, while pairing it with Bharti Airtel could increase telecom sector concentration. Heres what investors should check.

Retiring at 55 with 2 crore? Learn how to plan monthly withdrawals for 30 years, compare 50,000 and 60,000 withdrawal options, and understand how inflation, investment returns and emergency savings affect retirement planning.

Naming children as nominees for mutual funds does not guarantee inheritance. Legal heirs may claim a share under a will or succession laws. Experts explain why parents should align nominations with a valid will to avoid disputes and delays.

SEBI will make direct mutual fund plans the default on asset management companies' digital platforms from November 1, 2026. Investors may still choose regular plans but must be told they carry higher costs. Details here. 

LIC Health Shield Plan 907 offers fixed payouts for hospitalisation, surgeries and specified medical procedures. Know its benefits, premiums and waiting period, and find out whether it can replace comprehensive health insurance.

Amazon and Flipkart offer two-wheeler buyers a way to stack platform discounts, bank offers and card rewards. But EMI costs, voucher limits and dealer fees can eat into the savings.

The US Fed has kept interest rates unchanged at 3.75%4%. What does this mean for gold prices in India? Experts share their outlook for the coming months and 2027, explain the risks for investors, and discuss whether jewellery buyers should purchase now or wait for a price correction.

In December 2025, Trai proposed cutting charges by up to 55% in some microwave bands and setting a uniform spectrum usage charge of 0.1% per carrier, replacing the existing variable-rate structure.

Applying for a PAN after April 1, 2026? The Income-tax Act, 2025, prescribes Forms 93, 94, 95, and 96 based on the applicants citizenship and entity status. Here is who should use each form, the documents required, the application fees, and how to apply online. 

Planning to buy silver coins, jewellery or utensils this Diwali? Know what purity grades such as 999, 925 and 800 mean, whether hallmarking is mandatory, how to verify a six-digit HUID using the BIS Care app, and what buyers should check before making a purchase.

SBI Card will introduce a 1% fee on eligible high-value fuel and transportation transactions from 1 December 2026. Check the 30,000 transport threshold, 50,000 fuel spending limit, applicable charges and steps cardholders should take.

Anthropics $110 billion AWS deal includes a minimum spending requirement through 2036. Explore why the AI company could face hefty payments even if usage falls short.

Digit Insurance chairman Kamesh Goyal argues that co-payments alone cannot contain healthcare costs. Transparent hospital pricing, simpler insurance products and expense rules that reflect retail customers costs are also needed.

Private equity funds including Blackstone, EQT and ChrysCapital are evaluating precision engineering and manufacturing businesses with the aim of consolidating such businesses.

Need money urgently? Compare PPF loan vs personal loan interest rates, borrowing limits, eligibility and repayment rules in October 2026. Here are the PPF loan costs, personal loan EMIs and key conditions to choose a suitable borrowing option during a financial emergency.

Apples iPhone sales in India have fallen by up to 30% around Dussehra as price increases, fewer festive discounts and longer replacement cycles weigh on demand. 

A local bank holiday for Karwa Chauth on October 29 affects public- and private-sector banks. Customers can use online and mobile banking, UPI, cards and ATMs. 

The Union Cabinet has approved a 3% DA hike for central government employees, taking the rate to 63% effective from 1 July 2026. How much will monthly salaries increase across different pay levels? Check the revised DA calculations and what employees can expect.

The DA hike from 60% to 63% will increase monthly payments for central government employees in 2026. Employees can use the extra salary to build savings, invest through recurring deposits and mutual fund SIPs or increase their emergency corpus.

The co-payment proposal raises concerns about all three sources of market failure: information asymmetry, market power, and externalities.

Most generative AI companies incur incredibly high operating costs for servers in data centres, while adoption of their products remains either heavily subsidised or in its early stages.

Margins of MSMEs that use polymers to make finished products have halved, while rising prices of crude oil from which polymers are made have strained their working capital

After two decades of spurning the idea, Apple Inc. unveiled an overhauled MacBook Pro that includes a touch screen, giving its flagship laptop a feature that has become a must-have in the personal computer industry.

Indian residents can invest in foreign stocks through the RBIs Liberalised Remittance Scheme. Here's how much one can invest per year and whether Indians can directly apply for foreign IPOs. 

Anthropics IPO filing says its co-founders hold 50.1% of the voting power on certain matters, while the company could reach a $1.5 trillion valuation. The filing also reports how much Claude contributed to Anthropics codebase in September.

SEBI will make direct mutual fund plans the default option on asset management companies digital platforms from November 1. Investors choosing regular plans must be informed about their higher expense ratios, chairman Tuhin Kanta Pandey said.

Composer and singer Salim Merchant has purchased commercial premises in Mumbai's Santacruz with four other buyers for 12.85 crore, according to CRE Matrix. The deal, registered on October 7, includes 1,285 sq ft of carpet area and a parking space, with Merchant holding a reported 50% stake.

Prime Minister Narendra Modi is scheduled to release the 24th PM-Kisan instalment in Gujarat on October 30, distributing more than 18,680 crore to over 9.34 crore farmer families. Check who's eligible and other details.

The Pune ITAT accepted 2.75 lakh of a bank employees 3 lakh cash deposits as wedding gifts and savings but sustained a 25,000 addition due to missing gift confirmations. The ruling highlights why taxpayers should maintain records of cash gifts and their sources.

Missing a loan EMI by one day can attract late-payment charges, but an immediate credit score drop is not inevitable. Know what RBI rules say about overdue EMIs, credit bureau reporting, penalties and how to protect your credit profile.

The capital gains tax implications for residential property would remain the same whether you sell it to a resident Indian or to an NRI.

Only just over one-third of surveyed Indian family enterprises have a clear, documented succession plan, according to a report. Details of their wealth preservation plans here. 

The changes, driven by operational requirements, will take effect on various dates starting late October 2026 through early January 2027, according to a notice issued by the railway zone.

Gold prices in India rose on October 28, 2026, with 24K gold at 1,42,300 per 10 grams and 22K gold at 1,30,347, according to IBJA. Check the latest gold rates and what buyers should know before purchasing jewellery.

The central government has raised dearness allowance and dearness relief by 3 percentage points for employees and pensioners. Here's how the hike will reflect. 

Equity mutual funds can deliver strong 3- and 5-year returns yet struggle over one year. Does this signal a temporary market setback or deeper portfolio issues? Experts explain the warning signs investors should watch for before investing or exiting their current holdings. 

The Union Cabinet has approved a 3-percentage-point hike in Dearness Allowance (DA) for central government employees and Dearness Relief (DR) for pensioners.

PhonePe launches Tatkal NPS partnering with leading banks for 250 contribution, enabling micro-investments towards retirement planning Check key features, how users can book directly on app.