Livemint

Assam, Bihar, Tamil Nadu, Sikkim, West Bengal and more Today we take a look at the full list of states that have announced DA and DR hikes this year, besides paying arrears for employees and pensioners. 

The CBDT has extended deadlines for certain taxpayers' audits for the assessment year 2026-27. Check new dates. 

While institutional money sticks to AAA paper, retail investors are being funnelled into lower-rated debt. Nobody engineered this, but it needs fixing.

Can you withdraw 100% of your corpus in the National Pension System? Check annuity rules, death benefits and more.

Godrej Properties will jointly develop a 2.5-acre luxury housing project in Mumbais Marine Lines, with an estimated revenue potential of 6,000 cr. The project is part of the companys expansion plan and comes amid strong demand for luxury homes in Mumbai.

For Gen Z, buying a home is increasingly a question of affordability rather than aspiration. Property prices have risen faster than incomes in several cities, while the supply of homes below 50 lakh has fallen sharply. 

Five hybrid funds feature among India's 10 largest equity and hybrid mutual fund schemes by AUM, together managing around 4.35 lakh crore. Here's where investors' biggest mutual fund pools are sitting and how these schemes have performed over three, five and 10 years.

What does a health insurance plan promise? How reliably has the insurer delivered on claims? Here is how you can find a plan that best fits your familys needs.

A risk questionnaire captures what investors think they will do in a crisis. Their transactions reveal what they actually do. That history can help build a portfolio they can stick with.

The Supreme Court declined to issue an interim stay on the government's move to impose MDR on UPI transactions over 2,000. Details here. 

Staying true to its street-side roots, the Air India serves tea in a compact, single-serve portion that closely resembles the classic cutting chai enjoyed across the country.

Hotmail co-founder Sabeer Bhatia calls for an inheritance tax in India, asserting that true opportunity should arise from individual accomplishments instead of family wealth. Details here.

Actor-politician Ravi Kishan's recent run of viral moments offers a striking example, with brands building campaigns around his catchphrases and online persona. But as the race to ride the next viral wave intensifies, a bigger question is emerging: how reliable is virality as a marketing asset?

The PWD recently planned a traffic simulation study of the entire South Delhi network, including Sarai Kale Khan. Sarai Kale Khan sees high footfall, with multiple modes of transport at a single location, and traffic here is likely to worsen in the future.

Tax audit deadline is September 30 for applicable taxpayers. Before filing, taxpayers should reconcile their books with GST returns, AIS, TIS and Form 26AS. Mismatches can arise from timing differences, duplicate or incorrect reporting, while unresolved TDS discrepancies can affect tax credits.

Hanuman Anshs success is spurring studios to explore faith-based films, but industry experts warn against oversaturation and stress the need for sensitivity and authentic storytelling.

Tamil Nadu's CM S. Joseph Vijay will launch the gold ring scheme for newborns at Government Rajaji Hospital in Madurai on September 28. Full details here.

Seven aggressive hybrid funds delivered 12% or more in five-year SIP returns, led by Bank of India Aggressive Hybrid Fund at 16.50%. However, performance varied widely among the categorys largest schemes, with HDFC Aggressive Hybrid Fund returning 5.99% and ICICI Prudential delivering 12.26%.

Companies investing in preventive healthcare, such as telehealth, health checkups, and early screening, recorded a 13% lower incidence of chronic disease claims, the report found.

Godrej Properties and Man Infraconstruction Ltd will develop the sea-facing, luxury residential project.

Gold and silver prices in India witnessed a sharp drop during early trading hours on Monday. Check retail rates of the precious metals in top metro cities of the country.

The Chennai ITAT deleted an 85.30 lakh tax addition on cash gifts after the taxpayer produced gift deeds, ITRs and financial statements, while all five donors confirmed the gifts. The tribunal said the initial burden under Section 68 was discharged.

Mobile retailers  have called for a 'No UPI Day' protest on October 2, during which customers may not be able to use UPI for making payments at mobile shops. Here's why the protest is happening and what are their demands.

An 89-year-old retired principal said 20.33 lakh deposited in his bank accounts represented hostel fees collected for an education society, with only 2,251 left as surplus. The ITAT has sent the case back to the tax officer to verify the records and determine who actually owned the money.

The September 30 deadline for taxpayers to submit tax audit reports is approaching, with no extensions granted yet. Here's the penalty for late filing. 

Health-conscious consumers are shifting toward cold- and wood-pressed oils despite higher prices, prompting large brands such as Marico and Tata Consumer Products to expand in this segment. 

Strong hotel demand and limited new supply are prompting operators to secure land and development rights in prime markets.

The role of a non-executive chairman at banks and other financial institutions is crucial, providing board leadership, broad policy direction and oversight of governance. The issue assumes greater significance in view of a new RBI governance framework, issued on 14 July and effective from 1 October.

The nationwide bank strike scheduled for September 28-30 has been deferred after IBA and UFBU reached an agreement. The decision offers temporary relief to customers of banks such as SBI & HDFC Bank, while discussions will now focus on a five-day banking week and unresolved issues.

The proposed three-day bank strike from September 28 to 30 has been deferred after the IBA and UFBU reached an understanding. SBI and other public sector bank branches are expected to operate normally on Monday, while private banks such as HDFC Bank will remain open.

The precise terms and modalities of the understanding reached between the two sides were yet to be formally disclosed.

Manufacturing mutual funds have outperformed their benchmark over the past year, with the top schemes delivering strong returns. But higher returns do not tell the full story. How much volatility did investors take on and did the additional returns come with higher risk?

SEBI has approved changes to its vault manager rules, bringing physical bullion underlying gold and silver ETFs under a common framework. The move strengthens requirements around how this bullion is stored, secured, segregated and accounted for.

A nationwide bank strike from September 28 to September 30 could disrupt cheque clearing and cash transactions as unions demand a five-day workweek. However, many banking services are expected to remain operational, allowing customers to manage funds and pay bills without visiting branches.

Has your CA submitted your tax audit report? The process does not end there. Taxpayers need to check the report on the income-tax e-filing portal and complete certain steps after submission. Here's what you need to know about accepting and verifying the report.

MahaRERA dismissed a builder's excuse for delaying flat possession in Pune, ruling in favour of the homebuyer. The builder's claims of government changes causing delays were proven invalid.

Taxpayers with nil estimated tax liability can avoid TDS on certain incomes by submitting a declaration to the payer. Heres who can submit Form 121, which incomes are covered, what details are required and what the payer must do after receiving it.

Tamil Nadu Chief Minister S. Joseph Vijay will launch the 'Thaai Maaman Thanga Mothiram Thittam' scheme for newborns in Madurai on September 28, providing 1-gram gold rings to eligible babies delivered in government hospitals, promoting institutional deliveries and maternal health.

And is this the first time banks in the country have operated on a Sunday?

Selling a house, land, shares, mutual funds or other capital assets can trigger capital gains tax. The Income-tax Act provides nine exemptions under Sections 54 to 54GB if the gains or sale proceeds are reinvested in specified assets within prescribed timelines.

At a recent Mint x Oliver Wyman roundtable on Indias GCCs, senior India leaders debated on how much real decision-making power their centres actually hold, and what needs to change.

AC prices are rising ahead of Diwali and winter, with brands like Daikin and Blue Star increasing costs. Stockpiles from earlier purchases may offer some price relief to buyers during the festive season.

A mutual funds reported returns may not always match what investors actually earn. The timing of investments and withdrawals can create a significant gap, even when the fund delivers strong long-term performance.

Irdai has proposed commission caps, tighter expense limits and stronger safeguards against mis-selling. But whether the reforms make insurance cheaper and easier to buy and claim will depend on implementation.

The Supreme Court will review a petition against the Centre's MDR on UPI transactions over 2,000, which will come into effect on October 15. Full details here.

A 10 lakh Post Office Time Deposit earns 7.1% for three years and 7.5% for five years in July-September 2026. Here is how the interest compares and what investors should consider before choosing a tenure.

A 10-15 lakh car budget can buy a new lower-end model or a pre-owned higher-end car. Compare depreciation, loan rates, EMI, maintenance, warranty, insurance and resale value before deciding which offers lower ownership costs.

Planning an international trip requires careful budgeting beyond flights and hotels. Indian travelers should avoid common money mistakes that may ruin their experience. Details here. 

Money gifted to a spouse may not be taxable as a gift, but income earned from it can be clubbed with the donors income. Know how spouse clubbing provisions work, including when reinvested income is taxed separately.

As festive advertising intensifies, media fragmentation creates challenges for advertisers to gauge campaign performance across multiple platforms. With digital viewing surging, the risk of fraud increases, and marketers must focus on cohesive measurement.