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Uzbekistan has joined the list of countries that is set to adopt the UPI, the Ministry of External Affairs announced today after PM Narendra Modi's two-day official visit to the Central Asian country.
Taxpayers with business or professional income cannot switch between the old and new tax regimes every year. Form 10-IEA is required for the switch, with restrictions on re-entering the old regime. Here's what taxpayers filing ITR-3 and ITR-4 need to know for AY 2026-27.
Odisha govt employees who default on court-ordered alimony or maintenance payments may now have the amount deducted directly from their salaries. The payment will be transferred to beneficiaries, with cases integrated into the states HRMS for automated compliance.
Innovation funds invest in companies driving new technologies and disruptive trends. The category has seen varied performance over the past year, with some funds delivering strong double-digit returns. However, none of the funds posted a negative return during the period.
A diversified portfolio can perform very differently depending on how you split your money across Indian equities, debt, gold and US equities. Heres what 16 financial years of data, from FY2011 to FY2027 year-to-date, reveal about the returns across these asset classes.
Inherited agricultural land can attract capital gains tax if it qualifies as urban agricultural land, but reinvestment in a home, agricultural land or specified bonds can help reduce the tax burden.
Gurgaon court upheld 2 lakh monthly maintenance for an estranged wife despite her husbands reported income decline and home loan liabilities.
DA news update: After workers in Punjab undertook a strike on 27 August to push for pending DA and other demands; the state govt has hardened its stance and directed officers to issue notices for unauthorised absences.
EPFO Employees Enrolment Campaign 2026 aims to widen social security coverage, regularise past compliance and formalise employment. Here are the campaign dates, key benefits and practical takeaways for employers and workers.
How you invest 1.5 lakh in the Public Provident Fund (PPF) could influence the size of your long-term corpus. Heres what investors should know about PPF investment timing, interest calculation and key rules over 15 years.
Many credit cardholders fall into debt trap because of their habit of paying only the minimum balance, leading to high interest and prolonged repayment. Check 7 strategies to get out of debt trap and ensure quick repayment
Sukanya Samriddhi Yojana has a clear age cut-off for opening new accounts. Know the SSY eligibility rules, deposit limits, maturity period, interest rate and what happens after a girl turns 10.
From hidden spare keys to unrecorded ownership, Gurugram-based real estate firm Shail Homes shared what new owners must do immediately to truly secure their new investment.
To maintain coverage and protect No Claim Bonus, vehicle owners should renew their insurance before expiry since delayed renewal can lead to financial repercussions. Timely renewal safeguards against untoward accidents.
The 8th Pay Commission may consider higher annual increments alongside a revised fitment factor. While a higher fitment factor could boost basic pay immediately, 5% or 7% increments may deliver stronger salary growth over time.
Young investors do not necessarily need to avoid debt mutual funds, even if they can take higher equity risk. Experts explain how debt can provide stability, liquidity and diversification based on financial goals and investment horizons.
A 1 crore home loan for 20 years can cost significantly more as interest rates rise. Here is a simple comparison of EMI, total interest and repayment at rates from 7% to 10%. Before locking in on any home loan offers it is wise to carry out proper due diligence.
Amex Cardholders have until 11:59 PM on 29 September 2026 to maximise the programme.
Credit report mistakes can affect how lenders assess borrowers and potentially influence loan eligibility, interest rates and terms. Heres how to spot inaccurate information, dispute errors and protect your credit profile before borrowing.
Buying life insurance online can expose customers to fake policies, phishing links, payment fraud and impersonation scams. Experts explain the warning signs and simple steps to protect your money, personal information and insurance policy.
A tax notice issued in a deceased taxpayers name should not be ignored by legal heirs. Heres what heirs need to know about registering as a legal representative, responding to notices and handling tax dues or refunds.
Bank holidays this week: Banks will remain open for 5 to 6 days this week. Closed on 4 September for Janmashtami in various cities and on 11 September for elections in Jaipur. Check RBI holiday calendar here.
IPO activity is heating up, but investors need to look beyond the hype. Heres how to use an IPO's red herring propsectus to assess financials, governance, valuation and other warning signs before subscribing.
Opacity, complexity, apparent sophistication, can all become proxies for a good investment, and investors can fall for that.
Investing 25,000 every month? Learn how to balance mutual fund SIPs, stocks, fixed deposits and safer assets based on your financial goals, risk appetite and investment horizon.
On September 1, LPG and ATF prices, along with banking charges, may change. Consumers should check local prices and bank fees to avoid unexpected costs. Important tax deadlines also impact taxpayers, with August 31 being crucial for return filings and Aadhaar authentication.
There is increasing demand for education loans from Tier II and III cities, lending data from Kuhoo Finance platform showed. Smaller cities account for 86.5% of applications on the platform, it added.
In a letter to the Cabinet Secretary, the National Council highlighted that the central government's revision of the minimum wage to 21,000 per month alters the calculation formula
In September 2026, banks in India will observe holidays based on regional celebrations, as per the RBI calendar. Customers should confirm local bank schedules before visiting, as not all holidays apply nationwide. Digital services remain available during closures.
EPFO 3.0: Centralised database, more digital and online withdrawal options through UPI and ATM, quicker settlement times and more. Here's a look at the key features, and what changes for subscribers
NPCI and the RBI have permitted higher transaction limits for certain categories. These include tax payments, initial public offerings (IPOs), hospitals and educational institutions, among others
The 8th pay commission has scheduled a meeting in Jaipur from 31 August to 1 September to consult with employee groups and stakeholders before finalising recommendations. The announcement is expected latest by May 2027.
Private credit offers higher returns but entails significant risks compared to traditional debt investments. Investors must evaluate underwriting practices, fund performance, and fees, while being mindful of liquidity and the impact of taxes on returns.
A Mumbai ITAT ruling has clarified how Section 54 applies when taxpayers invest in two adjacent flats. The Tribunals finding on their amalgamation could offer an important distinction from the rule governing investment in two separate residential houses.
Falling valuations coupled with delayed exits decrease certainty regarding when and at what price shares can be monetized
Under Indian law, asset classification dictates which legal framework applies when someone dies without a will (intestate)
Troubled Essel Group and Zee founder Subhash Chandra has claimed that he is running expenses from income generated by renting out a portion of a small residential house that he owns. Here's what we know
Rima invests in PPF, while Seema opts for an equity SIP. Rima's corpus may reach 32.5 lakh after 15 years, tax-free. Seemas final amount fluctuates based on market returns, potentially achieving up to 46 lakh after tax, highlighting differing investment risk and reward dynamics.
If the collective total of specified excluded pay items exceeds 50% of an employees total compensation, any amount over that 50% mark will automatically be reclassified and treated as wages
The Public Provident Fund (PPF) is a government-backed savings scheme in India with a 15-year lock-in period. Check rules, eligibility, and guidelines that NRIs must know about this post office savings scheme.
Check out five simple money rules for your 20s, including budgeting, building an emergency fund, investing early. These practical personal finance tips can help young earners develop stronger financial habits and prepare for future goals.
A 50 lakh retirement corpus split between SCSS and RBI Floating Rate Savings Bonds can generate around 4.07 lakh annual interest before tax, offering senior citizens predictable income and staggered payouts.
A DA hike of 3 percent or 4 percent does not mean an employees total salary will rise by the same percentage. Here we explain how to calculate your salary after a hike.
The case concerns one Bhowmick, a resident of Gurugram, who invested about $300,000 in a Bermuda-focused global investment fund while in Singapore on May 19, 2015. He cashed it out on March 16, 2016 and received $ 3.14 lakh (3,14,608.15) upon redemption. Here's what happened next.
The Odisha government released the fifth installment of the Subhadra Yojana on 28 August, disbursing 5,160 crore to eligible women. The annual payout of 10,000 is delivered via Direct Benefit Transfer.
The 8th Pay Commission delay could cost Level 3 to 6 central government employees up to 3.45 lakh in projected allowance losses, depending on implementation timing, fitment factor and revised HRA and transport allowance rates.
Over the past financial year, the number of accounts contributing between 500 and 1,000 fell by nearly 1.4 millionthe first decline in years.
For those investing substantial sums, even a marginal variation in FD rates can have a significant impact on the total interest earned.
PAYD is a usage-based add-on that links a portion of your OD premium to the distance you drive. Instead of paying the same rate as someone who spends hours on the road every day, PAYD allows drivers with lower annual mileage to benefit from reduced premiums.
The 8th Pay Commission is stepping up consultations across India. Here are the five latest official updates on regional meetings, submissions, consultants, fitment factor, salary revision and the expected timeline.

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