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To help taxpayers catch up on missed filings or report previously unrecorded income, the government introduced the Updated ITR (ITR-U) framework.

FundsIndia analysis shows that missing just 15 trading days over 27 years would have cut a 2.84 crore corpus to 95 lakh. The data highlights how a handful of market sessions have driven a disproportionate share of long-term equity returns.

Tax-loss harvesting can help mutual fund investors offset capital gains and improve post-tax returns. However, experts say investors should stay focused on asset allocation, reinvestment and long-term wealth creation while using the strategy.

Sections 54, 54B, 54EC, and 54F represent the most effective pathways to claim these tax reliefs, tax experts say.

At 50, people often regret financial decisions that hinder their long-term freedom and relationships, according to ChatGPT. 

Fund of Funds (FoFs) are a type of mutual fund that does not invest directly in stocks, bonds, or other asset classes. Instead, they invest in other mutual fund schemes or just track an ETF or index fund.

After you file the ITR, the Income Tax Department processes the return and issues an intimation under Section 143(1) of the Income Tax Act. If you notice an error in your processed ITR, you can submit a rectification request through the e-filing portal.

The revised tax form mandates split reporting of derivatives turnover and profits, improving AIS-based data matching and raising compliance pressure on futures and options traders

A crucial phase begins as the 8th Pay Commission advances consultations and extends submissions, while fitment factor demands gain momentum ahead of recommendations that will affect lakhs of employees and pensioners.

Income-Tax Returns: The presumptive taxation scheme simplifies I-T compliance for small businesses, professionals, and freelancers by allowing them to declare income as a fixed percentage of turnover without maintaining detailed books of accounts.

A small mistake today can weaken your finances in the future. Avoid common retirement planning mistakes, tackle inflation, diversify investments and build a stronger retirement corpus for long-term financial security. 

Concerned about their dependency on EMIs for ordinary expenses, a salaried individual seeks an analysis of his financial habits. ChatGPT obliges. 

Dearness Allowance: Assam, Arunachal Pradesh, Bihar, Odisha, Tamil Nadu, Uttar Pradesh Check the full list of states that have announced DA hikes and states such as West Bengal and Himachal Pradesh, that are considering pay increases for employees.

The Rule of 114 helps estimate when your money could triple through compounding, while other popular personal finance rules can support smarter investing, budgeting and long-term financial planning.

Patience and letting the portfolio be may look like inaction. But that may be the best action for the health of ones wealth

The CBDT has identified six categories of cases that will be compulsorily selected for complete scrutiny during FY 2026-27. According to the guidelines, notices for returns filed during FY 2025-26 must be issued on or before 30 June 2026.

The Railways Senior Citizens Welfare Society has submitted demands to the 8th Pay Commission, emphasising fair pay structure, minimum pay based on scientific norms, and adequate increments. Here's what they have suggested for current employees and pensioners

Travel insurance covers far more than medical emergencies, but claim success often hinges on disclosures, documentation and meeting strict policy conditions.

What intrigued social media users even more was Pooja's claim that the swimming pool owner earns from the same resource in more than one way.

Frozen bank account access can disrupt daily finances. Understand common reasons, required documents, timelines, and practical steps to unfreeze a bank account quickly and avoid future account restrictions.

Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu on Sunday presided over a meeting of the Finance Department and reviewed the financial situation of the State. Here's what was discussed on arrears, pension and dearness allowance.

Spot hidden credit report disputes before they harm your credit score. Correcting errors promptly improves creditworthiness, protects your financial reputation and strengthens access to loans and credit cards.

Gold, Silver Rate Today: Here is how much gold and silver costs in key Indian cities on Thursday, 11 June 2026. Check the price of 18K, 22K and 24K gold and 999 Fine silver in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai.

 A corporate employee working remotely relocated to Manali and shared his living costs. His experience sparked discussions online about the affordability of dream life in the mountains over metro cities like Delhi.

Small investments can deliver big results. A 2,000 monthly SIP earning 12% annually can grow to nearly 38 lakh in 25 years through compounding. 

A family gift may be tax-neutral, but it is not compliance-neutral. Proper documentation, LRS compliance and timely US reporting can prevent a genuine family gift from becoming a compliance issue.

Transferring your EPF balance when switching jobs is essential for maintaining tax benefits and continuity of service. Unlinked accounts can complicate withdrawals and lead to taxes. 

Fintech firms PhonePe and CRED are testing credit card rent payments with select users, potentially relaunching the feature next month after regulatory concerns halted it last year. What are they and how they differ from wallet loading?

The RBI has revived the FCNR(B) swap window, a tool last used during the 2013 rupee crisis. Here's how the scheme works and whether it can attract fresh dollar inflows from NRIs.

According to data released by the Association of Mutual Funds in India, ELSS funds recorded net outflows of 650 crore in May, marking the fifth consecutive month of redemptions this year. The category has witnessed net outflows in 13 of the past 14 months.

The 7 lakh tax rebate from the Union Budget 2023 aimed to ease the tax burden on middle-income earners but it also led to a shift in investment patterns of salaried taxpayers. Details here.

The core-satellite investing strategy helps you build a balanced portfolio by combining passively and actively managed funds. Through passive investing, you can invest in low-cost and stable options, while through active investing, you can explore new opportunities emerging in the market. 

ITR-1 is generally filed by salaried individuals or pensioners, while ITR-4 is meant for individuals earning income from business or profession.

Consumers who are unsatisfied with a product or service can file complaints in consumer courts, provided they have necessary documents and the seller refused to provide a resolution. Full details here. 

Tax obligations of a deceased taxpayer remain, requiring legal heirs to file returns and settle dues. Under the Income-tax Act, liability is limited to the estate's value, protecting heirs from personal financial burden beyond inherited assets.

8th pay commission: From submission of feedback and memorandum from employee representatives, job applications for consultant posts, and the scheduled state visits Check here for list of key dates and deadlines

In a post on X on 9 June, Vijay Kedia addresses the common concern that AI will take jobs. The ace investor says history suggests a different possibility. Refrigerators, electricity, highways, and the Internet created opportunities for entire ecosystems, and AI may follow the same path. 

West Bengal CM Suvendu Adhikari announced that the dearness allowance for government employees will be addressed in the upcoming state budget. Here's all the latest updates we know

AMFI data shows Gold ETFs posted their first monthly outflow in 13 months in May. Profit booking and weaker fresh investments weighed on flows despite rising gold prices.

EPFO 3.0 will expand the retirement fund body's digital services and online presence through a system update that will allow subscribers to undertake paperless withdrawal or transfer of provident fund.

Nippon India Small Cap Fund is the largest open-ended small-cap mutual fund in India with an AUM of 72,673 crores. Here's a closer look at the fund's portfolio activity in May 2026, highlighting the stocks it added and trimmed during the month, along with its top 10 holdings.

Should I stop investing and kill debt first? Ive been thinking about it for some time now. It was time to ask ChatGPT.

Today marks Prime Minister Narendra Modi's tenure as India's longest-serving elected PM in continuous office and 12 years since the formation of the National Democratic Alliance (NDA) government. Against this backdrop, we take a look at some of the changes for taxpayers.

The Jio Financial Services-BlackRock joint venture plans to launch its first ETFs in India by August as it expands its presence in the country's passive investing market.

ChatGPT's analysis was shocking because of the striking difference between reality and assumption. 

After years of chasing growth in mid- and small-caps, investors may need to prepare for a slower market cycle and rediscover the value and safety of large-caps.

Understanding the spread can make the difference between assuming you are benefiting from an RBI rate cut and discovering that much of the benefit has been offset by the bank's pricing decisions.

Gold, Silver Rate Today: Here is how much gold and silver costs in key Indian cities on Wednesday, 10 June 2026. Check the price of 18K, 22K and 24K gold and 999 Fine silver in Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai.

Borrowing cash over 20,000 from friends or family can incur significant tax penalties. Transactions must go through banking channels to avoid scrutiny. 

Facebook Privacy Settlement: Meta is set to begin its second round of payment cheques to eligible claimants from this month. Here's a look at how much is on the table and who qualifies for a part of the additional $100 million payout.