Livemint

1 Finance Magazine has found that 84.8% of Indians have no will, and 62.5% have no plans to make one, highlighting weak estate planning, limited financial awareness, and rising inheritance disputes amid growing intergenerational wealth transfers. 

The EPFO manages employees' provident fund and pension schemes in India. Members must add nominess for both with rules differing based on marital status. E-nomination process available for Aadhaar-verified UAN holders.

A smart home loan EMI can help keep finances safe and build wealth, while a high repayment burden can hurt finances, damage credit profiles, and bring down credit scores. Keeping home loan EMI within 30% of monthly income helps protect savings and long-term goals.

With the ITR filing season for AY 2026-27 in full swing, it is important to gather all the necessary documents before filing your return. Some of the key documents include PAN, Form 16, bank statements, capital gains statements, and investment proofs required for claiming deductions.

Digital lending platforms revolutionize borrowing by offering small loans at the click of a button. The digital infrastructure, powered by Aadhaar, Account Aggregator framework, and data processing, enhances financial inclusion. 

8th Pay Commission: The Indian Railways Technical Supervisors Association (IRTSA) has demanded an increase in minimum pay to 52,600, a fitment factor of up to 3.80, better allowances and more. Check details here.

Behind luxury cars and premium homes, social proof, choice paralysis and high taxes are draining the savings of India's top earners. The fix? Stop trying to keep up with the Joneses, cut out complex products, and automate simple investments.

Secure returns with a fixed deposit and grow your savings with ease in the current geopolitical environment where protecting wealth is something indispensable. This guide explains how to open an FD online, compare interest rates, and invest confidently in minutes.

Dearness Allowance: We answer the top FAQs on DA for taxpayers. Whether the component is credited as part of your salary, is subject to tax, must be reported in your income tax returns filing and more

ITR utilities are now available, but Form 26AS, AIS and TIS data may still be updating. Filing too soon can trigger mismatches, revised returns and refund delays.

Income-tax returns: Here are the most common mistakes taxpayers can make when filing their ITR in 2026. Here's the seven important checks highlighted, including some that could delay your refund process.

Gold and silver prices today, 4 June: Gold gains on MCX amid a weaker dollar and geopolitical tensions. Check the latest 24K, 22K gold and 999 silver retail rates in Delhi, Mumbai, Bengaluru, Kolkata, and Chennai. 

US news: Americans may see their social security payments reduced by $500 per month over the next six years, by 2032, amid changes to the benefits program. Here's what we know

A new approach to retirement planning is essential as longer lifespans, inflation and rising healthcare costs reshape financial goals, making income security and long-term financial independence more important than ever.

8th Pay Commission fitment factor discussions intensify as unions demand a revision of up to 4x in basic salaries, given current inflation, the once-a-decade revision and associated challenges. Here is what the impact of a 3.5 fitment factor will be on salaries, pensions and government finances.

Under this framework, eligible taxpayers are allowed to declare 50% of their gross annual receipts as taxable earnings.

Before shifting your emergency safety net into a sweep-in FD, it is smart to weigh a few operational details, including premature withdrawal policies, minimum balance rules, interest rate gaps, and tax rules.

Abu Dhabi halts rent hikes temporarily, maintaining current rental amounts in contracts. It provides financial predictability for households and businesses, benefiting expatriates. The decision aligns with broader relief measures introduced post US-Iran war, enhancing household budgeting.

An individual can claim a tax deduction under Section 80GG of the Income Tax Act 1961 or under Section 134 of the Income Tax Act 2025.

Money matters more than many couples realise. These financial red flags, from hidden debt to poor savings habits, can affect long-term financial stability and relationship success. A couple should consult certified financial experts together to resolve any financial challenges.

Employees Provident Fund Organisation: Want to add a nominee to your employees' provident fund account? Here's how subscribers can do so, and your top nomination process related FAQs answered by the EPFO.

Esops are not lottery tickets. But they become lottery tickets when people stop doing the math.

Take charge of your money today with practical financial stress-management strategies that reduce money anxiety, build savings, and help you create long-term financial stability. Don't hesitate to take professional guidance from a certified financial advisor if financial problems remain. 

Small cap mutual funds are drawing record inflows, driven by attractive valuations and a broader economic recovery. But investors still need a five-to-seven-year horizon and an SIP mindset to beat the volatility.

8th CPC: Check here for the full list of state visits and employee meetings scheduled by the 8th pay commission in Jammu Kashmir, Ladakh, Odisha, Uttar Pradesh and West Bengal in June and July 2026.

West Bengal Chief Minister Suvendu Adhikari will launch the Annapurna Yojana, providing 3,000 monthly to women beneficiaries. The inauguration is set for 12.30 pm, with 100 beneficiaries per locality receiving sanction letters. The scheme replaces the previous Lakshmir Bhandar initiative.

Under Indian tax law, a person's obligation to file and pay taxes does not end with death. The responsibility passes to their legal representative or legal heirs, and overlooking it can lead to notices, penalties and delays in settling financial affairs.

Gold and silver prices rose on 3 June amid a weaker dollar and higher crude oil prices due to US-Iran tensions. MCX gold stayed above 1.59 lakh/10g, while silver held firm. Check 24K, 22K gold and 999 silver rates across major Indian cities.

Salaried taxpayers in India should thoroughly review their income-tax returns for FY 2025-26 before filing. Important checks include verifying pre-filled data, waiting for AIS updates, and ensuring all necessary deductions are claimed to avoid errors and delays.

Too many mutual funds can weaken returns. Over-diversification creates portfolio overlap, complexity and confusion. A focused mutual funds strategy with clear asset allocation can improve long-term investment performance. Take proper guidance from a certified financial advisor to manage finances. 

A discussion on whether salaried employees should file their ITR themselves or hire a Chartered Accountant. While DIY filing is feasible for straightforward cases, professional help can prevent costly errors and uncover tax-saving opportunities, especially when income sources are varied or complex.

Act fast when a credit card is stolen. Quick reporting, card blocking, FIR filing and account monitoring can prevent fraud, protect your credit score and reduce financial losses. Don't panic; contact your credit card issuer promptly and follow the steps to resolve the issue.

Dearness Allowance helps mitigate inflation pressures for central government employees and pensioners. The 8th pay commission is reviewing pay structures and its recommendations will impact 50 lakh employees and 65 lakh pensioners in India.

The 8th Central Pay Commission has extended the deadline for submissions to June 15, allowing more time for employee associations and unions to present demands. 

Expectant parents in India face hidden costs and emotional challenges in the first year. A practical financial roadmap is essential.

Rising geopolitical tensions are reshaping personal finance decisions. Diversified investments, SIPs, emergency funds and disciplined planning can help protect wealth and manage market volatility effectively.

Bank customers can withdraw over 10 lakh without automatic tax scrutiny, but large transactions must comply with reporting norms to avoid issues with the income tax department. Details here.

Since mid-cap index funds track a specific index, tracking error is an important factor to consider before investing. Here are the top 5 mid-cap index funds with the lowest tracking error. 

Unlike larger lenders with diversified and sticky deposit franchises, small finance banks rely more heavily on retail deposits to fund their loan books and, therefore, need to offer higher rates to attract and retain savers.

To get a personal loan, a borrower must submit certain documents. Applicants should prepare documentation in advance for quicker processing. Here's a list of documents you will need and eligibility criteria to apply for a personal loan.

In FY26, India's five publicly listed REITs distributed over 8900 crore to unitholders, marking a 50% increase from the previous year. They manage over 187 million square feet of real estate, reflecting their growing importance in capital markets.

Indian users will be able to make QR payments at over 4.5 million merchant outlets in Cambodia. The next phase of the initiative will allow Cambodian visitors to do the same in India. Details here.

I was keen to understand if a budget of 1.5 lakh for two people is the end of the dream, or can it actually unlock a memorable stamp on your passport? Here's what ChatGPT says

The 8th Pay Commission, constituted on November 3, 2025, is reviewing salaries and pensions for central government employees and pensioners over its 18-month tenure. Its recommendations, expected by May 2027, will significantly impact financial benefits and livelihoods amidst rising inflation.

Teen cricketer Vaibhav Suryavanshi has a net worth of 7 crore at 15, primarily from cricket earnings and endorsements. Tax laws for minors in India generally club their income with that of the parent, with exceptions for specific circumstances like income from personal skills. Details here.

Working women in Bengaluru earning 50,000 should prioritize personalized financial planning. By tracking expenses, building an emergency fund, and utilizing AI tools for budgeting, they can achieve financial stability and make informed decisions for their future.

Despite economic strain from the oil shock, equity mutual funds in the energy sector have performed remarkably, gaining 9.4% in 2026. The Nifty Energy Index rose 14.3%, benefiting from strong earnings growth and high demand, making these funds a tactical investment choice for high-risk investors.

The Income Tax Act, 2025, effective from April 1, 2026, renames Form 16 to Form 130. Salaried taxpayers should wait until June 15 to file ITR for AY 2026-27, as employers must provide Form 130 by this date for accurate filing.

The Karnataka High Court's recent ruling in insurance disputes asserts that complainants have the right to legal representation as cases progress beyond mediation. It rejected the concern  that policyholders who need help are somehow gaming the system by seeking it.

Selling a house can result in capital gains tax, depending on how long the property was held. However, certain exemptions are available for homeowners. Full details here.