Livemint

The biggest wealth strides in the M3M Hurun India Rich List 2026's top 100 were made by individuals from industrial and diversified businesses. And the biggest new entrant on the 2026 list is Renuka Jagtiani of Landmark Group, with wealth of 70,500 crore. 

The rules spell out eligibility requirements, employee and government contributions, pension calculation, lump-sum benefits, minimum and maximum pension provisions, VRS rules and the process for switching from UPS to NPS.

John C Bogle's investment philosophy centres on simplicity: own less and stay patient. Check out these 5 money lessons from the book.

The 8th pay commission will conduct state visits in October to meet with employee and pensioners representatives and stakeholders to discuss recommendations for over 1 crore beneficiaries. It is expected to make an announcement by May 2027.

DA row: The Punjab and Haryana High Court has directed the state chief secretary to appear before it on 5 October for not complying with its previous order regarding payment of pending DA arrears of state employees and pensioners. 

Tax benefits for co-owned properties should not be seen as a hack to maximise tax between spouses, but rather should depend on the actual contribution of each co-owner.

Do smallcap stocks deserve a bigger role in your portfolio and are you are prepared for the risks that come with them?

Before buying a house, buyers should calculate their sustainable EMI, down payment, existing debt, upfront costs and emergency fund rather than relying only on the loan amount a bank is willing to offer. 

Buying property below its stamp duty value does not automatically mean the price difference is taxable. A recent Pune ITAT ruling clarified that the 10% tolerance limit can protect buyers from tax implications.

New railway pension rules provide family and disability benefits to eligible NPS-covered employees in specified cases. Depending on the circumstances, families can receive 60% or 100% of the employees pay as pension, while disability cases may qualify for additional benefits.

Your investments may be spread across banks, mutual funds, demat accounts, insurance policies and multiple apps, making them difficult for your family to trace after your death. Experts suggest maintaining a consolidated asset inventory, keeping nominations updated and having a will to help heirs.

8th Pay Commission: Bharat Pensioners' Samaj demands that the pension commutation restoration period be reduced from 15 to 11 years, citing an outdated 2006 actuarial table, following a Himachal Pradesh HC ruling calling for a fresh review of rates and life expectancy data.

Indias premium preschools are selling specialized learning methods at a steep markup. What are parents actually paying forand can the spending be sustained through a childs education?

An emergency fund should prioritise liquidity and stability over returns. Santosh Agarwal of Paisabazaar explains how savings accounts, sweep-in FDs and debt funds can play different roles in an emergency corpus, and the risks investors should consider.

Gold and silver prices today, 23 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

The Mumbai ITAT deleted a 1.93 crore tax addition on Toyam Industries gains after finding that the taxpayer had produced a transaction trail but the Revenue had not shown specific evidence linking him to alleged price manipulation. 

The 8th Pay Commission is reviewing salaries, pensions and allowances for central government employees and pensioners. Here are key FAQs on fitment factor, minimum basic pay, pension revision, DA merger, implementation date and upcoming consultation meetings.

BHIM Payments App has introduced MyUPI, an AI-powered assistant offering 24x7 support for UPI transactions, complaints, Autopay mandates and safety controls. Available in five languages, MyUPI also enables transaction replay, payee verification, UPI Number de-linking and fraud-awareness assistance. 

A Bengaluru ITAT ruling shows that missing Form 67 does not automatically extinguish a genuine foreign tax credit claim. A taxpayer who earned 14.42 lakh in Belgium and paid 4.53 lakh tax there was given another chance to prove his 3 lakh FTC claim despite a 1,687-day appeal delay.

Gen Z is emerging as a major crypto investor group in India, accounting for around half of new registrations in H1 2026. A new report shows that Indian investors bought around 7% more crypto than they sold.

Chanakya's Arthashastra offers timeless insights into wealth and budgeting. Here are 5 investment lessons that are still relevant in 2026.

Form 141 is the new unified challan-cum-statement for specified TDS transactions under the Income Tax Act 2025. Know who needs to file it, which transactions it covers, the applicable deadlines, and how to submit the form.

Indian households financial savings mix is changing, with mutual funds seeing the sharpest rise in inflows over three years. Equity has also grown from a small base, while deposits remain the largest avenue. Life insurance and small savings have seen weaker or uneven flows.

NPS Vatsalya, allows parents or guardians to open and operate a pension account for minor(s) till they become an adult. Today we take a look at how the subscribers can access grievance redressal online.

The move is in line with an existing strategy at Gulf state oil companies of offering outside investors pieces of their businesses while retaining operational control and largely avoiding opening up their main oil-producing divisions

Gifted money or assets between spouses do not always shift the tax liability to the recipient. Under clubbing rules, income from assets transferred without adequate consideration can be taxed in the transferor's hands. Here's when the rules apply and what taxpayers should report.

EPFO: Members can add nominee(s) for their provident fund account either online or offline. Here's the top FAQs, eligibility and stepwise guide to file e-nomination and who is considered a valid nominee. 

Specialised Investment Funds (SIFs) are gaining traction, with some strategies delivering strong returns despite the category being relatively new. Quant Mutual Funds qsif led the six-month return chart with a 34.78% gain, while equity-oriented SIFs posted mixed one-month returns. 

The story of Mr Cohen and his four sons illustrates varying investment strategies. From traditional saving to advanced leveraging and collaboration, this shows that a financial mindset and creative use of resources drive wealth.

The 8th CPC is scheduled to be in Mumbai next month to host discussions and meetings with employee unions, representative groups, pensioner associations, federations, and other stakeholders.

Festive-season borrowing can add to existing debt stress. A survey found that 60% of borrowers have EMIs that are near or exceed their family income, while 40% use new loans or credit cards to manage existing EMIs. Heres what to check before borrowing.

The Delhi government plans to consult with the labour department regarding striking DTC drivers salaries. They have threatened kaam bandh on September 28 if demands such as DA and contract workers regularisation is not met. 

A UK Will and a separate Indian Will can work together, but only if their scope, revocation clauses, executors and assets are carefully co-ordinated to avoid overlaps or gaps.

Motilal Oswal Nasdaq Q50 ETF crashed 20% on 22 September and lost about 46% from its peak in two sessions after trading at a nearly 235% premium to its NAV. Experts explain how supply constraints and strong demand pushed the ETF far above its underlying value.

Dinesh Thakkar, founder of one of Indias biggest retail stockbrokers, Angel One, has bought a luxury residential tower in Mumbai for 711 crore, marking the most expensive known purchase of a single residential unit in the country, as per Bloomberg. 

Smriti Mandhana's cricket career leaves a lot to learn for investors. Here are 5 money lessons from her record-breaking journey.

Freelancers, gig workers, entrepreneurs and self-employed professionals without employer health cover need to build personal insurance that protects both their savings and income during a medical emergency. Experts suggest choosing adequate cover that remains affordable through fluctuating income.

PhonePe has secured in-principle approval for two payment licences from the UAE central bank, marking its first overseas licences. Heres what the fintech plans to do in the UAE beyond UPI, including support for Aani and Jaywan.

Income Tax Act 2025: F&O traders should understand the tax treatment of trading profits, turnover calculation, eligible expenses, and the rules governing set-off and carry-forward of business and speculation losses.

Repaid your loan? Your credit report may take time to reflect the closure. Heres what borrowers should check, which documents to retain and what to do if a closed loan still shows as active.

Record small-cap fund inflows in August come as the Nifty Smallcap 250 outpaces the Nifty 50, but sharp historical swings underline the need for a longer holding period and suitable risk appetite.

Starting retirement investing at 40 requires a focus on the required corpus, higher and consistent savings rather than excessive risk. Investors should use goal-based asset allocation, step up investments annually and gradually shift money from equity to debt as retirement approaches.

Long-duration debt funds offer yields of around 7.50-7.80%, but further rises in bond yields could trigger mark-to-market losses. Experts explain whether investors should lock in current yields or consider shorter-duration options.

Nepal floods caused $2.56 billion in losses and $171 million in insurance claims, exposing risks relevant to India, which loses $8 billion annually to disasters. Sikkim's 2023 GLOF disaster showed how sub-limits can leave All Risk policies dangerously underinsured.

As UPI enters a new phase of scale, a 0.4% MDR on larger merchant payments aims to fund infrastructure, cybersecurity and innovation while keeping most transactions free.

Planning a PF withdrawal? Check your EPFO KYC, Aadhaar, PAN, bank account, name, date of birth and employment details before filing an EPF claim to help avoid discrepancies, delays or problems during claim processing.

A government employee whose appointment was disputed and services were ordered to be terminated in 2000 ultimately remained in service for nearly three decades. The Allahabad HC has now directed the UP government to calculate and release his pension, gratuity and other retirement benefits.

UPI-linked credit cards are making everyday QR payments more rewarding, but higher cashback often comes with app restrictions, spending thresholds, caps and exclusions.

Large & mid-cap funds delivered an average return of just 0.04% in the past year, but individual fund performance varied widely. Only five of 32 schemes returned more than 7%, while seven funds ended the year in negative territory.

Gold and silver prices today, 22 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.