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Indian taxpayers must disclose foreign income and assets in their income tax return each year to avoid penalties up to 10 lakhs. Deadline to report foreign assets, importance of such a disclosure among other details explained here.

Energy transition has become a key investment theme for Nikhil Kamath, co-founder of Zerodha Broking Ltd., as the US-Iran war reinforces the sectors importance and creates opportunities across its value chain.

Many international destinations now require travelers to have insurance coverage to enter, a trend heightened by the Covid pandemic. These policies help cover medical costs and emergencies, with uninsured tourists often denied entry.

Wall Street's tech stocks fell sharply as concerns about AI-driven gains grew. Nasdaq and S&P 500 dropped, with losses in semiconductor stocks and SpaceX leading the charge. 

IPO funds are equity mutual fund schemes that invest primarily in recently listed companies. Rather than applying for individual IPOs, investors get a portfolio of newly listed stocks. As Radhika Gupta notes, Rather than figuring out which IPO to invest in every month, let a fund do it for you!

SpaceX is experiencing a fourth day of stock losses amid a tech sell-off, dropping about 3% to $150. This follows a record $75 billion IPO last week, with investors concerned about AI enthusiasm. SpaceX has lost over $600 billion in value since the decline began.

Focused funds are equity mutual fund schemes that invest in a limited number of stocks, allowing fund managers to take concentrated bets. These funds can invest in a maximum of 30 stocks and must allocate at least 80% of their total assets to equity and equity-related instruments.

Selling assets like shares, mutual funds, gold, or property triggers capital gains tax. Section 54F of the Income Tax Act offers exemptions if long-term profits are reinvested into residential property. Details here.

Raising a child varies significantly in cost across Bengaluru, Mumbai and Delhi. I asked ChatGPT to compare expenses across cities.

Experts suggest that investors with a 3-5 year horizon may consider investing in Nifty IT Index Funds through the SIP approach, while those seeking short-term returns or lower volatility may prefer to stay on the sidelines until there is greater clarity on AI-led growth and technology spending.

AI chatbots can assist with financial advice but should not replace professional guidance. Their effectiveness depends on user prompts; poor questions may lead to inaccurate responses. 

A strong credit score opens doors to better loans, but lenders now assess more than numbers. This article explains key factors behind loan approval, including income stability, repayment behaviour, credit utilisation, and overall financial health.

According to Mrinal Mehta, Joint Secretary at the Bombay Chartered Accountants' Society (BCAS), the Income Tax Department tracks spending patterns and high-value transactions, making return filing mandatory in several situations even when taxable income is low or nil.

A Double Taxation Avoidance Agreement (DTAA) is a bilateral tax treaty signed between India and another country. Its purpose is to define how different types of income earned across borders will be taxed and to provide relief where the same income may otherwise be taxed in both countries.

Hidden investments can become difficult to trace after an investors passing. A Consolidated Account Statement (CAS) helps legal heirs identify, track and claim mutual funds, securities and demat holdings linked to the deceased investors PAN.

New fund houses may offer innovative products and investment styles, but investors should scrutinize track records, investment philosophy, process and management before investing.

A mutual fund factsheet is published by an Asset Management Company (AMC) every month. It provides a snapshot of a scheme's performance, portfolio, and risk metrics. It helps investors understand how the fund is managed and how it has performed over time.

As India's wealthy turn to PMS for concentrated bets, investors must look beyond returns and assess tax efficiency, deployment strategy and capacity discipline.

Choose the right personal loan for your financial goals. Comparing interest rates, loan tenure, repayment flexibility and processing charges can help reduce costs, improve affordability and support better long-term financial planning.

The Boss Scam turns trust into a cyber threat by impersonating authority figures. This article explains how fraudsters impersonate CEOs and regulators using urgent messages. It also highlights simple steps to prevent cyber fraud and financial losses.

Updating nominee details in your EPF account is important after major life events such as marriage, divorce or the birth of a child. Here's a step-by-step guide to changing nominees online.

From verified trading apps to AI-led fraud detection, Indias regulator is rolling out new tools to protect retail investorsbut awareness remains the missing link.

The Nifty India Internet Index tracks the performance of companies that primarily operate through digital and online platforms. The index currently includes 27 stocks, offering exposure to a diverse range of internet-driven businesses.

International mutual funds delivered some of the strongest returns in the industry over the past year, led by Taiwan and Asian market exposure. Yet many of the category's top-performing schemes remain closed or restricted for fresh investments.

Gold, silver prices today: Retail gold rates were stable on Tuesday as the market reacted to progress in US-Iran peace talks. Check retail rates of 24K, 22K, 18K gold and 999 silver in Delhi, Mumbai, Kolkata, Bengaluru and other cities.

Rising inflation concerns spark fresh demands for reform as Defence employees urge the 8th Pay Commission to overhaul the DA and DR calculation formula. AIDEF says the current inflation index fails to reflect the true cost of living for employees and pensioners.

Rising living and housing costs have intensified calls for major reforms to the 8th Pay Commission HRA. Employee unions have proposed higher HRA rates, DA-linked revisions and regular city reviews to ensure central government employees and pensioners receive better support against inflation.

Corporate health insurance is common in compensation packages, but employees often wonder if premiums from employer-provided plans are deductible under Section 80D. Here's the answer to your question. 

AI for financial advice is gaining traction, particularly among young adults. However, experts warn that AI can overlook real-world situations, leading to impractical recommendations.

GIFT City has emerged as a new route for Indians seeking exposure to US stocks. But the tax treatment can vary based on the transaction, investor status and the applicability of Section 47(viiab).

The West Bengal BJP government presented its first budget, announcing a 20% increase in dearness allowance and relief for state employees and pensioners. This enhanced DA will be effective from  October 1, 2026. Details here.

Accidental UPI payments, such as entering an extra zero, can lead to unintended transfers. To recover funds, contact the recipient for a refund and file a complaint with your bank. Details here.

MFs are effective for long-term wealth creation, offering potential gains, inflation protection. However, a strategy of holding indefinitely is not ideal. Regular portfolio reviews ensure alignment with financial goals, guiding investors on rebalancing or exiting underperforming funds.

Credit risk funds offer higher yields, but they come with credit and liquidity risks. Experts say the category suits only investors who understand what they are taking on, and not just chasing yield.

EPFO: We explain how you can check your employees' provident fund account balance, EPF account balance or track status of your application through Umang app, SMS / messages, WhatsApp, or missed call.

ESOPs enable startups to offer equity as part of compensation. Tax liabilities occur when options are exercised and shares sold, with potential deferment of TDS for eligible startups. Details here.

I asked ChatGPT whether a middle-class Indian couple should spend 1.4 lakh on a trip to Sri Lanka or Singapore. After comparing flights, hotels, food, transport and attractions, the AI delivered a surprisingly one-sided verdictand it wasn't in favour of the more expensive destination.

The periods that feel worst for investors often create the biggest opportunity for SIP wealth creation. Here's how market corrections can boost long-term returns through rupee-cost averaging.

The ITR filing deadline extension for AY 2026-27 appears unlikely, as filing systems remain stable and compliance is progressing smoothly. This article highlights 5 key reasons and essential steps taxpayers should follow before submitting their income tax returns.

With EPFO holding rates at 8.25%, salaried investors face a sharper question: whether higher guaranteed returns in EPF still outweigh tax rules, liquidity constraints and the rise of market-linked alternatives like NPS.

Income-tax returns: Want to clear your taxes online? Here are the tax payment modes under ePay Tax, explained. We explain the unified ePay Tax service, eligibility, rules and stepwise guide for pre-login and post-login process.

Global investment trends show a bearish phase for equities and a shift in focus from semiconductor stocks. Foreign portfolio investors are selling in India despite strong fundamentals. This situation highlights the need for cautious investment amidst rising interest rates and geopolitical tensions.

Reward points can lose value faster than you think. Credit card devaluation can reduce benefits, cashback and redemption options. Regularly redeeming rewards, tracking issuer updates and reviewing card benefits can help cardholders maximise rewards and maintain strong financial health.

Teaching children about money management involves providing rewards for responsible behaviour and allocating funds wisely. A structured allowance helps kids learn to plan and make decisions without conflating grades with payment. 

DA hike: West Bengal announces 20% increase in dearness allowance for state govt employees, pensioners Check details

The 12 lakh rebate under the new tax regime applies to income taxed under slab rates. Taxpayers with equity LTCG, crypto gains or lottery winnings may still have tax liability despite earning below the threshold.

8th pay commission: The 8th CPC panel is holding meetings in Lucknow, Uttar Pradesh today and tomorrow (22 and 23 June). Check here for full schedule of state visits and latest updates on the commission's progress.

Protect your savings from ATM fraud with simple safety measures. Here we explain common ATM scams, their impact on card users, and five effective ways to prevent financial losses while keeping your banking information secure.

Gold and silver prices rose in India on 22 June, with 24-karat gold at 148,120 per 10 grams. Geopolitical developments include US-Iran talks progressing towards a final deal within 60 days, easing global energy supply threats amid ongoing negotiations.

A home loan overdraft (OD) facility combines the benefits of a home loan and an overdraft account. It allows borrowers to deposit surplus funds into their loan account over and above the regular EMI payments. Borrowers can also withdraw the surplus amount whenever required.