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Filing income tax returns (ITR) is essential for meeting tax obligations and can provide benefits like loan eligibility and tax refunds. Here are five benefits of filing ITR regularly.
Income-tax returns: You should complete e-verification of your ITR within 30 days after filing to ensure a smooth refund process from the tax department. Check here for the step-by-step taxpayers' guide
ITR: As the season to file your income-tax returns, we take a look at whether all donations qualify for 100% exemption from tax under the old tax regime, what are the categories, recipients, qualifying limit and more
The couple shared that accommodation accounted for the largest share of their monthly expenses. They live in a 2.5BHK apartment in a gated society in Gurgaon, where 50,800 goes towards rent and electricity bills.
Since June 2020, the PM SVANidhi scheme has provided over 1.12 crore collateral-free loans totaling 17,800 crore, benefitting street vendors in India. Here are the details of the scheme and some key things to know if you are planning to apply.
EPF is a major retirement savings plan for salaried workers, requiring both employee and employer contributions. If you move abroad, the rules governing the scheme changes. Here's when your provident fund withdrawal becomes taxable and how NRIs can avoid paying extra tax.
Policyholders who are due for a renewal are in place to avail health insurance portability to change or upgrade benefits in their existing insurance policy through portability. Here's why you should consider it and what steps to take
Credit cards offer flexibility and benefits but come with high interest rates and fees. Financial discipline is essential to maximise advantages and maintain a good credit score. Here's things you can do to reduce or avoid some charges
Edelweiss CEO Radhika Gupta urges students to explore diverse finance careers beyond popular roles like investment banking, highlighting talent shortages in rapidly growing sectors. Here are some job roles that may witness a boom in the coming years.
DA: Punjab Cabinet to consider payment of dearness allowance and dearness relief dues and pay arrears of state government employees across categories and pensioners for specified periods, PTI reported.
Sukanya Samriddhi Yojana helps parents save for their daughters, offering competitive interest and tax advantages. Accounts can be transferred between banks with necessary documentation. Here's the full process.
AIS provides taxpayers with detailed financial transaction reports essential for accurate income tax return filing. Taxpayers should review their AIS for discrepancies to avoid incorrect tax calculations. Here's what to do if you find an error in your AIS.
As reported by Bloomberg on May 26, Taiwan's market capitalization stands at $4.95 trillion, slightly ahead of India's $4.92 trillion. While this has raised concerns among retail investors in India, you may be surprised to know which market is actually more sustainable.
The '100 minus age' rule for asset allocation suggests subtracting age from 100 to determine stock investment percentage. Critics argue it's too conservative for longer retirements and rising costs.
West Bengal CM Suvendu Adhikari announced that the Annapurna Yojana's fund transfers will start on June 3, providing 3,000 to eligible women. Enrollment requires a 12-page application form, with assistance available through public welfare camps on June 15-17 for those needing help.
Parag Parikh Flexi Cap Fund is the biggest open-ended equity mutual fund in India with an AUM of over 1.40 lakh crore. But have you ever wondered which stocks have been recently bought or sold by the fund manager of the biggest mutual fund? Let's find out.
Your 50s are crucial for retirement planning, with compounding effects becoming evident. Peak income is reached, but time to correct mistakes is limited. Sequence-of-returns risk poses threats, especially close to retirement.
The market has never been a level playing field, and recent events have merely underscored how uneven it remains. The rational response is not to chase headlines, but to avoid playing a timing game
Retail investors remain cautious about crypto due to market volatility. Experts suggest a disciplined approach: invest regularly, focus on quality assets, and allocate 2-5% of portfolios to crypto for stability and growth potential.
Market swings can test every investor, but avoiding common SIP investment mistakes in 2026 can improve mutual fund returns, strengthen financial goals and support long-term wealth creation. Have a clear discussion with a certified investment advisor to plan your investments properly and grow.
The Income Tax Department has initiated online filing for AY 2026-27, with ITR-1 and ITR-4 available since May 15. Senior citizens face challenges in selecting the correct ITR form based on income sources, as ITR-3 remains inactive.
Taylor Swift's journey to billionaire status teaches valuable financial lessons. Experts highlight her savvy decisions in income diversification, ownership protection, and long-term investments as keys to her success.
A weakening rupee, limited sector exposure and concentration risks are pushing Indian investors to gradually diversify into global markets and dollar assets.
Staying disciplined and aligned with financial goals is key to successful investing, rather than chasing short-term gains in fluctuating markets.
Private and public sector banks in India will be closed for one day next week from 1st to 7th June 2026 due to eleven holidays listed by the RBI, including weekends and national holidays. Customers should check holiday schedules before visiting branches.
Radhika Gupta, CEO of Edelweiss Mutual Fund, urges reform of India's ESOP taxation, advocating for taxes only when employees realise gains from shares. Read her full statement here.
June 2026 will be crucial for taxpayers and investors due to important financial developments and deadlines. Here's the full list of key dates that one should know.
PPF is a long-term savings scheme with tax benefits. Parents can open a PPF account for minors, but total contributions by both parents cannot exceed 1.5 lakh annually. Details here.
With a monthly take-home of 1 lakh and taking expenses and investments into account, buying a 1 crore flat may be financially imprudent. Here's what ChatGPT advised me to do instead.
Parents can secure their child's financial future through various government-backed investment schemes. Options include the National Savings Certificate, Sukanya Samriddhi Yojana, Public Provident Fund, and NPS Vatsalya.
What if you could indirectly invest in global giants like Nvidia, Apple, and TSMC through the same SIP route you use for equity mutual funds? Let's find out the top 5 domestic equity funds in India that invest a significant portion of their portfolio in foreign stocks.
Banks in India will close for several days in June due to holidays. Customers should check the RBI's holiday calendar for branch closures. Full list of holidays here.
EPF members benefit from government-backed returns and tax-free interest. EPFO invests their contributions in various assets, including 85% in debt and 15% in equities.
A 28-year-old government employee from Delhi has gone viral after revealing that she spends only around 25,000 a month despite earning 90,000 in hand. From rent and groceries to fuel and shopping, her budget breakdown has sparked conversations online.
Inflation competes with compounding, affecting future purchasing power. A 50 lakh investment could grow to 4.82 crore in 20 years but would only have the purchasing power of 1.50 crore today with 6% inflation.
Hidden home loan charges can quietly increase borrowing costs. Processing fees, stamp duty and insurance add to EMIs and affect long-term affordability, making expert financial advice essential before taking a fresh home loan.
The Finance Ministry launched an online platform for tracking unclaimed financial assets, enhancing public awareness and access to information.
A travel creator has gone viral after claiming he explored Spain and Portugal over 13 days for just 1.3 lakh. Sharing a detailed cost breakdown and itinerary on Instagram, he argued that Europe can be affordable with careful planning, though several users questioned whether numbers were realistic.
On 30 May, gold prices in India remained stable, with 24-karat gold priced at 156,810 per 10 grams. Silver prices also showed limited movement, with 999 Fine silver at 267,790 per kg.
Stock selection combines art and science, requiring in-depth study of macro and microeconomic factors. For multi-generational wealth, a diversified multi-asset portfolio is essential to manage risk and reduce volatility.
A new '3490 Calorie' system may influence salary hikes for central government employees by linking pay revisions to the cost of essential food items.
Credit report errors can damage your credit score and loan approvals. Follow these five simple steps to dispute inaccuracies, protect your credit profile and improve your financial credibility.
Small mistakes can delay PF transfers, including incorrect details, multiple UANs, and employer errors. EPFO processing delays also contribute.
Gold jewellery buyers should check the hallmark and HUID code for authenticity and purity. Here's the step-by-step process on how do it and the compensation that can you receive if your jewellery item fails to pass the purity test.
The Income Tax Department has launched online filing and Excel utilities for ITR-1, ITR-2, and ITR-4 for AY 2026-27. Taxpayers can file returns for FY 2025-26 starting from May 15, with deadlines varying by form type.
All banks in India are open on May 30, 2026, as it is the fifth Saturday. Banks follow the RBI's holiday schedule, closed on the second and fourth Saturdays and Sundays. Online banking remains available on holidays, allowing customers to conduct various transactions without interruption.
The deadline for filing SFT for FY 2026-27 is May 31, 2026. Taxpayers should verify SFT transactions with their tax returns to avoid discrepancies that could lead to notices or refund delays. Here's what to do if you find an error.
SEBI plans to pilot corporate bond tokenization to deepen India's debt markets. This move aims to enhance settlement speed and transparency, making corporate bonds more accessible to retail investors. Here are the benefits and risks associated with it.
The PM Surya Ghar: Muft Bijli Yojana, initiated in February 2024, supports rooftop solar setups for households. The scheme offers up to 300 units of free electricity per month. Details here.
Check out the latest updates on the 8th Pay Commission as of 29 May 2026, including an extension of the memorandum submission deadline and the announcement of a Kolkata visit.

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