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Payments under West Bengal's 'Annapurna Yojana' started on Monday, targeting 1.45 crore eligible women. Chief Minister Suvendu Adhikari detailed eligibility, the application process, and highlighted a dedicated portal for assistance to ensure timely payments as part of the BJP's welfare initiatives.

Wondering whether you can gift crypto in India? This guide explains the rules around crypto gifting, including who can receive tax-exempt gifts, how tax is calculated when gifted crypto is sold, ITR reporting, documentation and other key compliance requirements.

The Income Tax Department initiated a nationwide verification of suspicious foreign remittances, prompted by data analysis suggesting significant transactions from entities with minimal business activity. 

The Federation of Indian Pilots is seeking a meeting with the investigating team by 15 September and has proposed areas that its technical interaction would cover.

Owning more mutual funds does not automatically mean better diversification, as different schemes can hold the same stocks, sectors and market-cap exposures. Experts explain how investors can identify portfolio overlap and know when adding another mutual fund may only increase duplication.

The CBDT is giving small taxpayers, NRIs and employee stock option holders until 31 December to avoid severe Black Money Act penalties, but this immunity comes at a steep cost.

AI is making financial advice more accessible, but confident answers can mask flawed assumptions, unsuitable recommendations and a lack of accountability. Heres where investors should draw the line.

The Centre expects 4,700 crore in PLI Auto payouts in FY27, more than double last years disbursal. But the scheme remains behind its original payout trajectory, with just 18 of 82 shortlisted companies currently having products qualified for incentives.

Only four multi-asset allocation funds delivered more than 15% SIP returns over three years, led by Quant at 18.51%. But the five-year data tells a different story, with ICICI Prudential, SBI and UTI also crossing the 15% mark.

Market participants suggested that even a caveat from the central bank that the scheme could be reviewed depending on the pace of inflows would have helped banks and customers plan better.

An NRI who bought a life insurance policy in Dubai while working there won a 40 lakh tax dispute after the ITAT ruled that the policy was not an undisclosed foreign asset. 

The Bollywood royalty debate underscores a disconnect between legal safeguards and actual musician earnings. Experts say complex agreements, unclear rights and inadequate transparency contribute to disputes, ultimately impacting artists long-term earnings.

Indias six listed REITs distributed 3,136 crore to nearly 5 lakh unitholders in Q1 FY27, as the sector expanded its asset base. The six trusts together manage over 3.17 lakh crore in gross AUM and more than 214 million sq ft of Grade A office and retail assets.

A salaried taxpayer earning over 30 lakh did not file his ITR and was later fined 3.74 lakh for under-reporting income. Delhi ITAT deleted the penalty after finding that he disclosed his full income and the tax department accepted it without additions.

CGHS has clarified rules on follow-up consultations, diagnostic tests and medical reimbursements for central government employees and pensioners. Tests costing up to 3,000 generally need to be done at the same hospital, while costlier investigations may require CGHS referral.

Three habitsfrom reading beyond your field to questioning your assumptionsthat can help young professionals stay ahead.

The biggest sale in the first half of 2026 came from an earlier generation. Raja Ravi Varmas Yashoda and Krishna (1890) sold for 167.2 crore at Saffronarts April sale in Mumbai.

Indian freelancers earning from US IT companies need to correctly report income, convert dollar earnings, claim expenses, and comply with ITR, DTAA, GST, and foreign-income rules. 

The Centre has asked states to move faster on industrial corridor execution as NICDP crosses 20 projects and BHAVYA draws strong early interest. 

A 71.56 lakh cash deposit in a wifes bank account came under the tax departments scrutiny after she said the money was received from her husband. The Pune ITAT has now ruled on whether the same amount could be treated as unexplained income. 

At present UPI has nil charges, similar to cash transactions. However, if this changes and MDR charges are passed to customers, the public could shift towards cash. Already the margin between cash and UPI transactions is narrowing, as per a report.

The Foreign Assets of Small Taxpayers Disclosure Scheme 2026 allows eligible taxpayers to declare certain foreign assets and income. Valuing these assets correctly is important, with different rules for shares, bank accounts, property, and other assets. 

OpenAI is undergoing another senior leadership reshuffle just as the ChatGPT maker enters one of the most consequential phases of its expansion

Meity approved 7,877 crore in new electronics component investments across 31 projects on Monday, led by Wipro's 1,033-crore addition to its Bengaluru circuit-board material plant. 

8th pay commission: What's on the agenda for the panel's upcoming states visits in August and September? Check top updates for the planned meetings in Jaipur, Chennai, Chandigarh, Puducherry and Mumbai.

A viral video featuring PM Modi has been circulating on social media, claiming a free 1-tola gold for Aadhaar card holders. Here's what PIB Fact Check reveals about the alleged scheme and the authenticity of the viral video.

Finance minister Nirmala Sitharaman says PSB Confluence deliberations will provide substantive inputs to the proposed panel as banks prepare for the next phase of growth.

The Bharatiya Mazdoor Sangh protested in Delhi today, urging the government to address long-standing demands for employees, pensioners, and unorganised workers, including a minimum wage of 30,000 and job security for contract workers.

After attracting nearly 21,000 crore in 2025, income plus arbitrage funds saw investors withdraw around 2,000 crore during the first seven months of 2026 through 31 July, according to MFI360 Explorer.

The gift of money from your NRO bank account to your fathers HUF will not create any tax liability for you, as a gift of money is not taxable in the hands of the person making the gift.

Becoming a loan guarantor can affect your credit score, borrowing capacity and financial stability if the borrower misses EMIs or defaults. Know the key risks, credit impact and precautions before signing a loan guarantee.

Gold and silver have taken different paths in 2026, shaped by changing global conditions and demand trends. While both retain a longer-term investment case, Tata MFs latest view points to some important differences investors may want to consider before deciding how to allocate.

Prashant Kishors 73 crore property portfolio highlights why investors should balance real estate with equities, debt, gold and cash, while prioritising liquidity, diversification, risk management and long-term wealth creation.

Finance Minister Nirmala Sitharaman today said the Centre will soon constitute a high-level panel on Banking for Viksit Bharat, which will submit its thoughts and recommendations to the government. 

The policy shift gives local growers direct access to the Centre's MSP mechanism for the first time, with agencies already procuring 3,000 tonnes of masoor.

The contract involves the development of multiple offshore facilities and marks a significant addition to LTEH Offshores order book.

GIC Re expects it could take three to four years to rebuild its foreign premium to 18,000 crore as softer reinsurance rates reduce premiums earned on the same risks.

Bandhan Small Cap Fund made significant portfolio changes in July, adding 15 new stocks and exiting nine. HDFC Bank, AWL Agri Business and Sterlite Technologies were among the key stocks where the fund raised its holdings.

From concert tickets and weekend getaways to coffees, treats and office celebrations, funflation and treatflation are making small pleasures costlierand quietly reshaping how we spend and save.

Income-plus arbitrage funds, aimed at wealthier investors seeking tax benefits, have seen limited traction, with recent withdrawals offsetting initial inflows. Their complex structures and mixed short-term returns have also hindered adoption.

Invesco Mutual Fund is reopening select existing SIPs and STPs in three international fund-of-funds from 18 August. The reopening comes as overseas investment limits continue to restrict fresh investments in international mutual funds.

A UK-based employee sold 1,540 ESOP shares for nearly 26 lakh but reported a 1 lakh short-term capital loss using the shares' FMV as cost. The Mumbai ITAT ruled that the FMV on the ESOP exercise date can be treated as the cost of acquisition, even when the ESOP benefit was not taxed in India. 

Bollywood actors Shah Rukh Khan, Ajay Devgn, and Tiger Shroff face FDA show-cause notices over a Vimal Elaichi ad allegedly promoting Vimal Pan Masala through surrogate advertising. The FDA called it a final warning and ordered the actors to remove promotional content

The first half of 2026 has seen record box office earnings, yet despite this, demand for ancillary rights remains cautious. Buyers are focusing on proven audience appreciation rather than mere box office success, placing tighter restrictions on investments across the media landscape.

Credit card damaged or not working?  Here are five steps to block, report, replace and activate your new credit card while avoiding payment disruptions and delays. Following these steps can help ensure that credit card transactions are restored quickly. 

RBI has proposed new rules requiring lenders to obtain borrower consent before migrating existing benchmark-linked loans to a new framework. The draft also says the migration cannot increase the prevailing interest rate or attract any fee.

In the age of AI, what additional value does a financial adviser really bring?

Gold and silver prices today, 17 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.

RBI has asked credit rating agencies to stop identifying it as the regulator for bank deposit ratings, according to a vreport. The move could create a compliance issue for rating agencies and affect how depositors assess bank credit risk.

Pensioner bodies BPS and AIDEF urge the government to amend the 8th Pay Commission's Terms of Reference, seeking explicit pension revision, family pension inclusion, and parity for central government pensioners retiring before 1 January 2026.