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West Bengal 7th Pay Commission has decided to set-up the website. It will provide details of the Commissions activities, official notifications and opportunities for stakeholders to submit their views and relevant data. It will also allow employees & other stakeholders to submit memoranda to panel.

Your mutual fund value on a broker or wealth-management report may differ from the value shown in your CAS even when the number of units is the same. One possible reason is that the platforms may use NAV data from different dates to calculate the investment value.

The government is considering MDR on select high-value UPI merchant transactions to make the digital payments ecosystem financially sustainable. The exact transaction threshold and MDR rate are yet to be finalised, while P2P payments may remain free.

A 54 lakh cash deposit landed a Rohtak property dealer in a tax dispute after he failed to file an ITR and respond to notices. But documents showing the money belonged to property buyers, not him, changed the case and led the Delhi ITAT to delete the tax addition.

The choice largely depends on an investor's financial goals, risk tolerance and investment horizon.

Annapurna scheme: West Bengal CM Suvendu Adhikari said women earning more than 10,000 a month or belonging to families with an annual income of above 12 lakh would not be eligible for the scheme.

Freelancers and gig workers need to diversify their services, create multiple sources of income and manage their finances carefully if they want to build a sustainable career

A data-driven analysis of active and passive equity funds shows that the outcome varies by market segment. While passive strategies have an edge in some categories, active management can add value in others. Costs and fund selection also play a crucial role.

Borrowing has evolved into a strategic financial decision in India, driven by strong credit growth and the rise of digital lending. This shift is transforming lending practices, making credit more accessible across demographics and regions, though significant untapped potential remains.

The minimum EPS-95 pension remains 1,000 per month, with pensioners demanding an increase to 7,500. The governments latest Lok Sabha response on 10 August did not announce a hike and cited pension fund sustainability and future liabilities.

An NRI having NRE, NRO and FCNR accounts may have to pay tax on interest income. Here's when it applies and when it is exempt from tax as per income tax rules. 

Filing your ITR before the 31 July deadline does not guarantee that you will not receive an income tax notice later. Mismatch in AIS/Form 26AS, incorrect tax claims and errors in the return can still trigger a communication from the Income Tax Department.

A property buyer who paid 6.5 crore for a property valued at 8.85 crore for stamp duty purposes won relief from a 2.35 crore tax addition. ITAT Mumbai ruled that a higher stamp-duty value alone cannot prove undisclosed investment under Section 69B without evidence of extra payment.

RBIs new recovery framework bars lenders and agents from harassment, threats and surprise visits, while setting rules for call timings, field visits, agent conduct and borrower grievances.

The Delhi High Court has instructed the income tax department not to process tax returns of high court and Supreme Court judges due to a dispute over allowances. Here's what happened.

An ITAT Delhi ruling has upheld a 1.86 lakh penalty against a taxpayer for failing to disclose his UAE bank account and foreign shareholding in his ITR. The tribunal rejected his explanations and held that the undisclosed foreign assets could be assessed under the Black Money Act for AY 2020-21.

The 8th Pay Commission has 18 months from its constitution on 3 November 2025 to submit its recommendations, putting the deadline in May 2027. The government has clarified that it has not confirmed an early submission.

Nirmala Sitharaman confirmed that the RBI's proposal to introduce 10 and 20 plastic banknotes has been approved by the government. Here's what she said about the launch timeline. 

The RBI has proposed a common framework for loan pricing, including benchmark-linked rates, board-approved pricing policies and tighter rules on loan spreads. The draft also proposes APR caps for small-value and microfinance loans.

Essential services are expected to remain operational during the statewide bandh in Karnataka on Thursday.

Four equity fund categories large-cap, dividend-yield, value, and ELSS saw net outflows in July despite mostly positive returns. Experts explain the key reasons behind the trend and what investors should consider before making changes to their portfolios.

The new fund offer is aimed at investors looking to park surplus money for relatively short periods while keeping volatility lower than that typically associated with pure equity funds.

Form 128 allows taxpayers to obtain lower or nil TDS/TCS certificates. Under the Income Tax 2025, child certificates can be generated for individual payers. Here's what they mean, who needs them, and how to get them.

Buying a co-owners share in a jointly owned property can make capital gains tax calculations more complex when you sell the whole asset. The two shares may have different acquisition dates and costs, affecting how the gains are taxed.

Small-cap mutual funds attracted a record 7,768 crore in July, while large-cap funds saw their first outflow in 30 months. The sharp shift in equity fund flows raises questions about small-cap exposure, portfolio diversification and the right level of equity risk for investors.

Large-, mid- and small-cap indices are at different stages of recovery from their previous peaks. While Nifty Midcap 150 is almost back to its record high, Nifty 50 has a wider gap to close. A study highlights how past corrections have shaped recovery timelines.

DCB Bank, RBL Bank, YES Bank, Tamilnad Mercantile Bank and Jammu & Kashmir Bank are among the banks offering some of the highest FD interest rates across various tenures for deposits of up to 1 crore.

During the RNOR phase, local income rules mirror those applicable to ordinary residents. Any revenue sourced within Indiasuch as domestic salary, rental proceeds from local property, or fixed deposit interestremains fully taxable and must be reported in the ITR

PFRDA has highlighted the NPS scheme for platform workers, with contributions starting at just 99 to help build a retirement corpus. The scheme allows flexible contributions and portability, but theres more to know about how workers can enrol, contribute and withdraw.

A Mumbai ITAT ruling has offered relief to a taxpayer who claimed 37.16 lakh in property-related expenses during reassessment. The tribunal examined whether such claims could be allowed later and ultimately directed the tax department to delete the additions.

An NGO can generally be established as a public charitable trust, Section 8 company or charitable society.

A panel comprising regulators, industry executives, hospitals and representatives of the CII is expected to submit recommendations by the end of the year.

South Korea's KOSPI index experienced a significant decline and subsequent recovery, highlighting its heavy reliance on semiconductor companies like Samsung and SK Hynix. Does India's Sensex have a diversification edge?

An entrepreneur described India as a 'credit-starved country,' contrasting it with the US banking system, which allows for easier access to loans. Here's what he said.

Children may change careers, dreams and ambitions as they grow. The real purpose of long-term investing isn't to fund one future, but to give them the financial freedom to choose their own.

Freelancers and gig workers must diversify their offerings, build multiple income streams and manage money mindfully to not just survive, but thrive, in this landscape.

The ruling does not automatically make every unexercised Esop buyback tax-efficient, say experts.

EPF members face issues like overlapping records and incorrect dates on the EPFO portal post-IT migration. Here's what to check and the steps you should take to avoid any hassle.

Nearly 1 lakh crore in bank deposits has been transferred to the RBIs DEA Fund as customers and legal heirs fail to claim forgotten money. Heres how to check for unclaimed bank deposits through the RBIs UDGAM portal and what families need to do to recover the funds.

More than 15 states have unconditional cash transfer schemes for women across India, costing roughly 2.68 lakh crores and reaching almost 120 million beneficiaries. These schemes provide regular unconditional monthly payments ranging from 1,000 to 2,500 to support financial independence.

Mukesh Ambani's family remains India's richest. The nation's top family businesses are valued at $1.46 trillion, surpassing several economies. Details here. 

SGB 2018-19 Series VI premature redemption begins today, with the RBI fixing the redemption price at 15,102 per unit. Investors who bought the bonds at the 3,276 issue price stand to gain around 361%, excluding the 2.5% annual interest.

Entities filing ITR-7 saw their total income tax liability nearly triple to 1,043 crore in AY 2025-26 from 356 crore in AY 2021-22. The government data covers charitable and religious trusts, political parties, universities, colleges and research institutions filing ITR-7.

EPFO has updated services for salaried employees, streamlining PF access and transfers. Here are the top five new features and updates to know.

The Bombay High Court ordered a son to vacate two properties gifted by his parents due to his failure to care for them, leading to a breakdown of relations. The court upheld that the gift deed conditions were unmet, justifying the property revocation.

Mutual fund investors could face additional costs if UPI MDR is introduced on such transactions under the new framework. The impact may vary depending on the investment plan, payment mode, transaction size and who ultimately bears the cost.

The govt released 21.35 crore worth of scholarships via DBT for over 6,000 agriculture students this week. Here's how you can log into the NSP website and send a fresh application online.

Your 20s can offer a powerful financial advantage: time, fewer responsibilities and the opportunity to build disciplined investing habits early. Experts explain how Gen Z can use SIPs, manage debt, control lifestyle inflation and avoid common investing mistakes to build long-term wealth.

Delhi High Court ruled that the insurance company must pay compensation to Yashpal as determined by the commissioner 7.86 lakh with 12% interest.

Many credit card users are falling into debt traps due to the Minimum Amount Due option. Misleading practices often occur without users' awareness, leading to unexpected charges and the loss of interest-free periods.