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The government reported over 21 lakh inoperative EPF accounts with 8,505 crore in 2023-24, primarily due to members not filing claims after leaving service. Here's how it aims to fix the issue.

Income Tax Calendar 2026 highlights key ITR filing, advance tax, tax audit, TDS and belated return deadlines from August to December. Know the important dates for AY 2026-27, understand revised return rules and plan tax compliance.

FAST-DS 2026 opens on August 16, allowing eligible taxpayers to disclose certain undisclosed foreign assets and income until December 31. For the first category, a 1 crore declaration can attract 30 lakh tax plus an equal additional amount, taking the total payment to 60 lakh.

It is vital to update nominee details after major life changes to align your previous choice with your current wishes and also prevent complications for legal heirs later if they want to claim the assets. Here's when you should consider updating it.

A gift from parents to a married daughter is generally tax-free under the Income-tax Act, 2025. However, interest, rent, dividends and capital gains earned from gifted money, property or investments may be taxable separately.

Indian semiconductor and physical-AI companies raised $523.3 million across 44 deals in 2025, up from $114.4 million across 48 deals in 2024, according to Tracxn data reviewed by Mint. They raised another $193.3 million across 26 deals through 10 August this year.

A president's crypto fortune and a broken wallet expose what the small saver is not able to see. 

Bank holidays this week: Banks across India will be open for 4 to 5 days this week but digital banking services are available 24/7 for customers irrespective of bank holidays. Check dates on bank holidays as per RBI calendar.

From managing utility bills, recurring subscriptions and financial services, Gen Z's financial habits show they are a generation that has grown up with digital payments at its core. Here's a look at what they spend their salaries on

Ballys Corp. warned investors of substantial doubt that it will be able to continue as a going concern as the company risks running afoul of agreement with lenders.

Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter

The Employees' Provident Fund (EPF) is a government-backed investment and retirement savings option in India. Today, we take a look at how membership conditions and related frequently asked questions

A process of trial and error and self-learning led this investor from 5 lakh portfolio to 1.30 crore over a seven-year period, he shared online. Here's how the investment journey went

Tata AIA rejected a 1 crore life insurance claim from a widow, alleging nondisclosure of prior insurance issues. 

8th pay commission: We can expect an announcement of the full list of recommendations sometime near May 2027 after completion of discussions with stakeholders and employee groups. Here's a look at how the timeline works

Mahindra wants to pursue a two-pronged strategy: expanding in global markets while simultaneously increasing volumes in the domestic market

Prashant Kishor's financial portfolio largely consists of fixed deposits totaling 7.36 crore with HDFC Bank, compared to only 63 lakh in equities. His election affidavit shows total assets of nearly 198 crore, including movable and immovable properties.

Amazon has reinstated a user agreement clause that may hinder class-action lawsuits against it, requiring customers to resolve disputes outside court. 

Key demands by the BMS include hike in variable DA, a minimum monthly wage of 30,000 for unskilled workers, job security for contract workers, higher pensions and increased wage ceilings for EPF and ESLI schemes. 

The Tata Sons AGM on 18 August may not take place after Sir Ratan Tata Trust, a key shareholder in the holding company of the Tata Group, was unable to nominate a representative due to a regulatory restriction imposed by Maharashtra's Charity Commissioner, PTI reported.

Kisan Vikas Patra offers a 7.5% annual interest rate in July-September 2026, with investments doubling in 115 months. Here is how KVP works, its maturity period, investment limits and key points savers should know before investing.

The Central Board of Direct Taxes launched a one-time scheme on 16 August for small taxpayers to declare undisclosed foreign assets until December 2026. A 60% payment on the declared value ensures immunity from penalties.

Registration for the Delhi Lakshmi Yojana will continue till the target of 17 lakh women is met, CM Rekha Gupta said. Here's how eligible women can track the status of their application after applying for the financial assistance scheme 

Employees with multiple jobs may receive separate EPF benefits from each employer, and EPFO provides guidelines for overlapping employment. Details here. 

Home loan prepayment can reduce interest costs, while investing surplus funds may offer higher returns. Compare the loan rate, post-tax investment gains, risk and liquidity before deciding. 

Check out the difference between a credit card statement date and payment due date. Having a clear understanding of the same can help cardholders plan repayments, avoid late fees and interest, manage cash flow and maintain healthier credit habits.

RBI has proposed a new MCLR formula using a three-month moving average of banks marginal funding costs. The draft also proposes a three-month reset period for MCLR-linked loans and aims to make loan pricing more transparent.

Financial freedom requires more than wealth creation. Learn how life insurance, emergency savings and disciplined SIP investing can protect family finances, support long-term goals and build a stronger financial plan against unexpected life events.

Learn how to invest 5 lakh wisely at different ages with a practical asset allocation strategy covering equity, mutual funds, fixed deposits, gold and liquidity, while balancing risk, financial goals, family responsibilities and long-term wealth creation.

DA Hike 2026 explained: Know how Dearness Allowance is calculated using CPI-IW data, when the July revision takes effect, and how retrospective payments and arrears work. Having a conceptual understanding of these aspects can help in better financial planning. 

A Telangana consumer commission has upheld a 1 crore life insurance death claim after Tata AIA rejected it over alleged non-disclosure of an earlier policy proposal postponed on medical grounds. 

Taxpayers with unreported foreign assets can file declarations till December 31, 2026 through a one-time disclosure window. The voluntary scheme targets small investors. Here's all you need to know about the scheme.

His financial portfolio includes investments like fixed deposits, mutual funds, and bonds, He also possesses a dismantled rice mill and his wife has gold weighing 475 grams and silver weighing 200 grams.

The Finance Ministry has issued guidelines for insurance policyholders to address unfair claim rejections and service-related issues. Full details here. 

Missing a loan EMI does not give banks unlimited powers to seize assets or let recovery agents harass borrowers. Heres what banks can legally do after a default and what borrowers can do if recovery agents cross the line.

Credit card debt can delay financial freedom through high interest costs. Check and understand practical ways to repay outstanding balances, avoid minimum-payment traps, manage EMIs and build healthier money habits for long-term financial stability.

SCSS offers retirees a fixed-income investment with government backing, quarterly payouts, and an attractive interest rate. Here's what retirees need to know about extending their account. 

SEBI has proposed allowing NRIs, OCIs and eligible foreign nationals in FATF-compliant countries to complete digital KYC for Indian securities investments without travelling to India. The proposal also seeks to make KYC records portable.

Some common financial mistakes can weaken long-term wealth creation, from inadequate emergency savings and insurance to frequent fund switching and poor asset allocation. Experts explain practical ways Indian investors can protect savings and invest more effectively.

Large cash deposits in savings accounts can attract scrutiny from banks and tax authorities. Deposits exceeding 10 lakh in a financial year must be reported, requiring depositors to disclose their sources to avoid potential tax implications.

ITAT Ahmedabad has deleted a 2.31 lakh income-tax penalty imposed on a taxpayer over a 3.71 lakh political donation deduction claimed under Section 80GGC. The tribunal said the tax department failed to clearly establish how the claim amounted to under-reporting or misreporting of income.

The Income Tax Department has withdrawn 5,978 appeals and not filed another 17,489 after higher monetary limits were introduced for departmental tax appeals. Heres what the 60 lakh, 2 crore and 5 crore thresholds mean for taxpayers and pending income-tax disputes.

Using a credit card for rent payments can offer convenience and rewards but may incur significant costs. Here's what you need to know before considering it.

USA-MARKETS/13F-TIGER GLOBAL:Tiger Global Management cuts stakes in Big Tech, buys into SpaceX

Meta Platforms Inc. says it has removed access to more than 750,000 Instagram and Facebook accounts in Australia believed to belong to people under 16 since it began complying with the countrys landmark youth social media ban last year.

Luigi Mangione pleads guilty to federal stalking charges in the killing of UnitedHealthcare CEO

The proposals include removing an additional 20% settlement charge in certain cases involving multiple proceedings and introducing a fast-track mechanism for settlements of up to 10 lakh

SBI has the largest deposit base among the banks included in the comparison, with total deposits of 60.4 lakh crore. It also has the highest customer base, with 53 crore customers

West Bengal government is set to implement the Centre's health insurance scheme Ayushman Bharat and state's cashless coverage scheme Mukhyamantri Swasthya Bima Yojana from August 16. Here's all we know 

JPMorgan retains other ties to Polymarket as it looks to leave the door open for an underwriting role should it attempt to go public, the report said.