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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.

Prepared families recover faster from financial shocks. An emergency fund provides a vital financial safety net, helping households manage medical costs, job loss and unexpected expenses while protecting long-term goals and strengthening financial security during uncertain times.

Regular health insurance pays for treatment. Critical illness plans provide a lump-sum payout that can help replace income and cover expenses that arise beyond hospital bills.

Whether AI is a bubble will be known only after the fact. For investors, the more important question is how much risk they take while waiting for the answer.

Private and public sector banks in India will be closed for four days next week from 25 to 28 June 2026 due to regional holidays, including Muharrum and weekends. Customers should check the RBI holiday calendar for specific bank closures across different states.

Non-salaried individuals, including freelancers and business owners, cannot claim HRA, which are exclusive to salaried employees. But there's another way to do it.

As tax season begins, professionals are using AI tools like ChatGPT to simplify tax filing despite concerns over reliability. Experts warn that these tools struggle with complex tax situations and lack accuracy, leading to security risks and errors. Details here.

India's crypto market is experiencing a shift as women and non-metro investors gain influence, focusing on long-term strategies. This trend fosters a more stable ecosystem, with women showing patience and discipline, while Tier 2 and 3 cities broaden the digital asset landscape.

Named the Sindhu Darshan Pilgrimage Financial Assistance Grant Scheme, 2026, the initiative seeks to support pilgrims by partially reimbursing their travel expenses

Taxpayers should note that June 30 is the deadline for scrutiny notices under Section 143(2) for ITRs filed during FY 2025-26. Here are cases when you may receive a notice and what to do next.

ChatGPT's 1.4 lakh Maldives trip for two on a bare-minimum budget really caught me by surprise.

For a 29-year-old techie with exactly half of their take-home pay wiped out by home loan EMI, I asked ChatGPT if an 11-year window is enough for early retirement.

Pensioners can file income tax returns even after retirement and are eligible for several tax deductions. Options for filing ITR depend on income sources. Full list of available deductions here.

Seeking a better work-life balance, the Pon family turned to the FIRE movement. They moved from high-cost Canada to Thailand and then Japan, focusing on family time and financial flexibility.

Sebi has introduced a framework to expedite the transmission of securities to legal heirs, introducing Quick Transmission Processing (QTP) for small-value claims. Details here.

Bank FDs offer senior citizens a secure investment option for managing expenses like medical and living costs. Here is a comparison of fixed deposits from various public, private and small finance lenders