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Here's all you need to know about Uttar Pradesh RERA's framework for collection, management, investment, transfer and utilisation of Interest Free Maintenance Security (IFMS) funds collected from homebuyers. 

Mutual fund ownership in India has shifted sharply over the past 13 years. The corporate share of AUM fell from 50.1% in 2013 to 36.7% in 2026, while retail and HNI investors combined share rose from 43.5% to 62.3%.  

HSBC India is offering customers zero forex markup on all of its credit cards. We take a look at what this charge is, how it is calculated and explain what this could mean for the cost of your travels abroad.

Flexi-cap and multi-cap funds both invest across large-, mid- and small-caps, but their mandates differ. Despite similar returns, FY26 saw a sharp divergence in inflows. What is driving investor preference, and should investors rethink their multi-cap holdings?

In 2025, Trump's direct indexing strategy garnered attention for its trading efficiency and tax savings. 

Healthcare has outperformed the Nifty 50 across several periods, with the BSE Healthcare TRI delivering a 22.7% CAGR over seven years. But does this mean investors should look beyond their broad-market index funds and opt for sectoral funds?

India's general insurance industry grew 9% in FY26 to 336,000 crore, with health and motor being the fastest growing segments due to pick up from GST rate rationalisation, according to a BCG report.

The EPFO's Employees Deposit Linked Insurance Scheme (EDLI) offers insurance for members and ensures that their families receive financial payout in case of death. Here's how to claim up to 7 lakh benefit at no additional cost 

The Delhi Lakshmi Yojana provides 2,500 monthly to eligible women from low-income families, effective August 1. Beneficiaries face strict eligibility checks and spending restrictions.

Advance tax helps taxpayers spread their income tax payments throughout the year instead of paying a lump sum later. The Income Tax Act, 2025, introduces rules from Tax Year 202627. Heres who needs to pay, key deadlines, and how to calculate it.

Mark Matthews of Julius Baer predicts crude oil prices may drop to $60 a barrel amid geopolitical concerns. While higher supply from Gulf producers could stabilise prices, sustained low prices are unlikely. The impact on consumers may be limited due to taxes and refinery costs in India.

There is no prohibition under the Indian Trusts Act on appointing a non-resident Indian as a trustee of an Indian private trust. However, the appointment should be structured carefully, in the context of the rights available to beneficiaries

A sizeable corpus doesn't necessarily end anxiety, said a retirement strategist, noting that many retirees are afraid to spend because they do not know how much they can safely withdraw without exhausting their savings.

An NRI in the UK inquired about the tax implications of gifting savings to his father's HUF. HUFs face specific tax rules under the Income Tax Act 2025, treating unconsidered gifts as taxable income, with exceptions for relatives.

Fitment factor is a multiplier used to convert an employee's basic salary to the revised basic salary under the new pay commission. Today, we calculate how much of a salary hike another 2.57 fitment factor same as 7th CPC could provide beneficiaries.

Deepak Shenoy, Founder and CEO of Capitalmind Mutual Fund, highlights the effectiveness of lump-sum investing and SIPs. He explains how initial portfolio value reflects saved money while wealth ultimately relies on both investing and spending wisely in life.

Financial constraints are the major challenge to narrowing the dearness allowance (DA) gap with central government employees and pensioners, as per Tripura state finance minister Pranajit Singha Roy. 

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. 

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.

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.

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. 

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.

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. 

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. 

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.

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.

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. 

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.