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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. 

Large cap funds are required to invest at least 80% of their assets in large-cap stocks. The two big names in this category are ICICI Prudential Large Cap Fund and SBI Large Cap Fund. 

Similar returns in mutual funds can hide meaningful differences in risk exposure. Risk ratios such as standard deviation, beta and Sharpe help investors assess performance more accurately.

Looking for higher returns in June 2026? With corporate FD rates climbing up to 8.95%, investors are taking notice. Here are the leading NBFC fixed deposits that stand out for returns, safety and flexibility.

UP employee unions want a formal consultation with the 8th Pay Commission to discuss salary hikes, allowances, fitment factor, service conditions and the concerns of contractual employees before the final recommendations are submitted.

Dearness Allowance: DA hike for central government employees and pensioners is calculated based on the AICPI's 12-month average, using the method prescribed by the 7th pay commission. We explain how

Reserve Bank of India has introduced new rules to combat mis-selling of financial products, effective January 1, 2027. Banks must refrain from incentive structures that encourage aggressive selling and allow customers to file complaints regarding mis-sold products, ensuring refunds in such cases.

EPFO 3.0 aims to streamline PF withdrawal by enabling direct withdrawals into bank accounts through UPI, reducing paperwork and wait times. This will allow instant, paperless transfers, improving access for subscribers compared to the current, cumbersome process requiring withdrawal claims.

A retired ONGC employee won a tax dispute allowing him to claim full tax exemption on 19.06 lakh leave encashment. Details here.

The revised directions seek to establish a comprehensive framework for providing adequate and timely credit support to farmers and borrowers engaged in agriculture and allied activities.

Taxpayers can correct mistakes in their income tax return by filing a revised return without facing penalties. The deadline for revisions is now extended to March 31 of the following year. 

Investing capital gains in an under construction residential property is permissible for claiming the tax exemption, but there are strict timelines

When changing jobs, employees often have multiple EPF accounts linked to the same UAN. Transferring these to the current account simplifies management, preserves service history, and eases withdrawals.

EPF accounts require members to nominate beneficiaries for their accumulated funds and benefits. Ineligible nominations can invalidate claims. Here's who qualifies as a nominee and how you can update or change nominee details.

The sale of motor vehicles above a specified value attracts TCS under Section 206C(1F). As per the provision, car dealers or sellers must collect TCS from buyers when the sale consideration of a motor vehicle exceeds Rs. 10 lakh

Tax filing mistakes often come to light only after a return is submitted, leading to refund delays, tax demands or compliance hassles. From unreported income to Form 26AS mismatches, here are five errors taxpayers should avoid while filing their ITR.

The new tax regime is now default for taxpayers, allowing salaried individuals to choose annually between old and new options. Business income earners face restrictions. Here are the rules that apply to presumptive taxpayers. 

Arbitrage funds are a type of hybrid mutual fund that aims to generate returns by taking advantage of price differences in the cash and futures markets. These funds must invest at least 65% of their assets in equities and equity-related instruments while following an arbitrage strategy.

EPFO allows members to withdraw a portion of their provident fund savings for education, marriage, housing and home-loan repayment, subject to specified conditions. Here is a breakdown of the eligibility criteria and maximum withdrawal limits under the latest EPFO guidelines.

An expat in New Zealand underestimated living costs in India, believing 60,000 would suffice for a family of four. A financial advisor revealed that modern expenses in cities like Bengaluru exceed 2.5-3.5 lakh monthly, urging NRIs to reassess their relocation assumptions carefully.

Health insurance portability is the process of moving from your existing insurance policy from one provider to another. It allows you to shift with better benefits without losing most of the accumulated renewal benefits.

Logistics recorded the highest suspected digital fraud rate in 2025 at 16.3%, followed by telecommunications and insurance.

Traditional Indian fathers' financial advice often prioritised caution and family protection. I asked ChatGPT to rank those pieces of advice in today's economy.

According to Mrinal Mehta, Joint Secretary at the Bombay Chartered Accountants' Society (BCAS), the growing number of revised returns is largely driven by the continuous updating of taxpayer information in the reporting systems.

A mismatch between Form 16 and Form 26AS can lead to lower TDS credit, tax demands and refund delays. Here's why taxpayers should reconcile both documents before filing their ITR.

The Income-Tax Department has introduced key changes in how taxpayers report income using the ITR-4 form this tax year and two of these updates are related to income generated from rent. We answer your top FAQs

Gold prices surged over 75% last year, marking the strongest bull run since 1979. Recently, prices in India rose from 135,257 in January to 157,480 in March, a 16% increase, amid strong safe-haven demand and economic uncertainty.

EPFO 3.0 allows members to withdraw 75% of their PF instantly, while 100% withdrawal remains possible under special circumstances like unemployment or natural disasters. New rules eliminate the need for justifying claims, simplifying the process for subscribers.