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The Public Provident Fund (PPF) is a government-backed savings scheme in India, offering 7.1% interest with tax benefits. Individuals can only maintain one account to prevent misuse of tax benefits.

Modern tax compliance has transformed into an entirely data-driven process. Contemporary income tax returns are never evaluated independently

Taxpayers who earn capital gains are required to report them when filing their income tax returns using the appropriate ITR form.

Tax liability of individuals is influenced more by residential status than citizenship under Indian tax law. NRIs and foreign citizens may be taxed based on their days in India and income nature. Here's what you need to know.

Life insurance provides financial protection for policyholders' families upon their death. Premiums can be paid regularly or as a lump sum. Here's when your policy lapses and ways to revive it among other details.

8th Pay Commission Update: The commission's Lucknow visit is scheduled for 2223 June and appointment requests have to be submitted before 10 June. Check out the latest developments and how the fitment factor has risen from 1.86 to 2.57. 

Many retirees may believe that ITR filing is optional. Pension income is taxable, requiring ITR submission based on total income. ax rules, forms and deductions explained here.

Requesting an additional credit card requires strategic planning to enhance approval chances and protect financial health. Frequent applications can negatively impact credit scores, so stagger requests to minimise adverse effects while considering your credit history.

Financial planning for children includes SIP investments, term insurance, health cover, Sukanya Samriddhi Yojana, emergency savings and legal protection to secure a prosperous future for every family across the country.

EPFO will soon enable members to withdraw Provident Fund money via UPI, according to Union Labour Minister Mansukh Mandaviya. Heres how instant EPF withdrawals will work.

Smart budgeting on a monthly salary of 1 lakh depends on effectively managing in-hand income, controlling expenses, prioritising savings, and diversifying investments for long-term financial stability. 

Credit card EMI conversion lets you pay off large transactions in smaller, fixed monthly instalments with interest. Here's how it is different from paying the minimum due and which option is better for your credit score.

Asset allocation is crucial for long-term wealth creation. A balanced portfolio of equities, debt, and gold offers stability and higher returns, as shown in FundsIndia's report. Diversification reduces volatility and downside risk, ensuring a smoother investment journey over time.

A seven-day Sweden trip sounds romantic on paper, but when flights, visas, hostels and daily costs are added up, is Sweden actually realistic for a middle-class Indian traveller on a 1.5 lakh budget? We asked ChatGPT for a brutally honest financial and logistical breakdown.

PPF investment with disciplined annual contributions and long-term compounding can help investors build a 1 crore corpus and generate more than 50,000 stable monthly income through guaranteed interest returns, all one needs is proper planning and patience. 

West Bengal's Annapurna Yojana will replace the Lakshmir Bhandar program, offering 3,000 monthly assistance to eligible women from June 1. 

FundsIndia's report highlights that long-term equity investment, defined as 7 years or more, is essential for wealth creation. Historically, equities have shown strong recovery after market downturns, with significant returns over extended periods compared to real estate and debt instruments.

Investors are facing challenges in volatile markets, with traditional options like fixed deposits yielding 6-7.5%. Experts recommend a disciplined investment approach, splitting funds between Arbitrage Funds and Nifty 50 Index Funds for long-term growth.

Credit cards for retirees offer secure cashless payments, rewards, emergency liquidity and credit score benefits, but disciplined usage is essential to avoid debt, fraud risks and financial strain. Proper professional guidance must be taken before deciding on any particular credit card. 

An ideal annual travel budget for someone earning 15 lakh, with monthly EMIs of 20,000 and fixed expenses of 30,000, ranges from 1.2 lakh to 2.5 lakh, allowing for meaningful travel without compromising financial goals.

A stable income allows flexibility in emergency fund duration. A 9-12 month runway is advisable in tech for financial security. For a 30 lakh earner with 90,000 monthly expenses, a six-month fund of 5.5-6 lakh is baseline, while 11-12 lakh is ideal for a year.

Gold prices fell on MCX on Friday morning as a stronger US dollar weighed on the yellow metal. Gold has remained under pressure over the past two months following the US-Iran conflict, with soaring crude oil prices boosting the dollar and raising concerns about a fresh spike in inflation.

Discussions on the 8th Pay Commission focus on the fitment factor, crucial for salary and pension hikes for central government employees. 

After a sharp rise in bond yields driven by oil prices, fiscal worries and possibility of US Fed hike, Invesco MFs Vikas Garg says long-duration debt funds may still offer a tactical opportunity.

The PFRDA is assessing the demand to increase the monthly pension cap under the APY from 5,000, according to PFRDA Chairman S Ramann. The subscriber base is projected to exceed 10 crore in FY27, showing an 18% growth. 

An overdraft is a credit facility generally offered by banks and financial institutions, primarily to business owners to manage short-term financial requirements related to their operations.

The Income-Tax department has released ITR forms for AY27/FY26, enabling offline preparation via Excel Utility for ITR-1 and ITR-4. Taxpayers can file returns online through the official portal, with a deadline for individual filings set for 31 July 2026.

Repaying a loan ahead of schedule can help reduce the total interest payable and shorten the duration of your debt.

The 8th Central Pay Commission has started consultations with employee representatives to recommend salaries and allowances for central government employees and pensioners. Here's why central government employees may get pay hike only in 2027

A growing retirement planning gap in India is raising concern as 75.5% of middle-aged earners lack a detailed plan while 77% have not sought financial advice, reveals a 1 Finance survey.

HUF is treated as a separate taxable entity from its family members. Family income can be legally divided and reported under the HUF to avail additional tax advantages

8th Pay Commission fitment factor discussions are reshaping salary expectations as Indias pay commission history highlights major changes in government pay, pensions and employee benefits over decades.

Interest earned on fixed deposits is treated as Income from Other Sources under income tax rules. It gets added to your total annual income and taxed according to the income tax slab applicable to you.

DA demands: Here's what the big three employee groups NC-JCM, AIDEF and Maharashtra Old Pension Organisation are demanding for Dearness Allowance. From inflation-linked compensation, 4% hike, merger and more, here's all we know

Dearness Allowance: Uttar Pradesh today announced a 2% hike in DA for state government employees, effectively increasing the component to 60% of basic pay from 58%.

As job insecurity rises globally, building an emergency fund is essential for financial stability amid layoffs, inflation and AI-driven restructuring, ensuring protection through disciplined saving strategies.

Geopolitical shifts are prompting Indian investors to reconsider strategies as economic equities become tools of statecraft. Experts emphasise the need for global diversification to mitigate local volatility and capture international growth amidst changing dynamics.

Newly married couples can build stronger personal finances with smart budgeting, emergency savings, early investing and insurance planning for long-term financial stability and wealth creation.

If you are struggling to get a credit card due to income or age restrictions, there is a way out. Secured credit cards, which are backed by fixed deposits, offer underserved populations a pathway to financial inclusion. 

India's wholesale inflation hit 8.3% in April, a 42-month high, mainly due to rising energy prices from the West Asia conflict. Experts note a weak correlation with consumer prices, suggesting retail inflation may not rise significantly despite the wholesale increase.

Equities in India and the US have outperformed fixed deposits, debt, and real estate over the long term.  Mid-cap and small-cap stocks yielded the highest returns, emphasizing the importance of long-term investment.

Stay prepared for Income Tax Return Filing 2026 with essential documents including Form 16, AIS, Form 26AS, bank statements and investment proofs to ensure accurate AY 2026-27 ITR filing, faster refunds and hassle-free tax compliance.

As more investors go direct and digital, mutual fund factsheets are evolving from compliance-heavy disclosures into sharper communication tools aimed at helping investors make decisions.

The EPFO's UPI payment gateway for provident fund withdrawals is set to launch soon, with testing completed. Members can access their funds directly in bank accounts, improving service delivery for over seven crore users.

Gold and silver prices fell on Thursday amid weak global cues, US Fed tightening fears and easing oil prices. MCX gold futures slipped 0.21%, while silver declined 0.40%. Check the latest 22K, 24K gold and silver rates in Mumbai, Delhi, Bengaluru, Hyderabad, Kolkata and Chennai.

SpaceX plans to go public, targeting a $75 billion IPO and a valuation of $1.75 trillion. Elon Musk will maintain significant control post-IPO, raising concerns over corporate governance and valuation risks. The filing reveals $18.7 billion revenue in 2025, driven mainly by Starlink's growth.

Recent inflation data suggests a potential increase in Social Security COLA for 2027, with estimates rising to 4.2%. The Senior Citizens League also adjusted its projection to 3.9%. Inflation has significantly impacted living costs, affecting the purchasing power of benefits since 2016.

The Federal Reserve proposed a new payment account category for fintechs and non-traditional institutions to access payment systems, aiming to enhance innovation while managing risks.

Jeff Bezos proposed eliminating federal income taxes for the bottom half of earners, advocating for significant tax reform without detailing implementation. He highlighted the burden on lower earners and noted the disparities in income and tax contributions between different income groups.

I gave 50,000 to ChatGPT and asked AI to plan my solo international trip. In return, it gave me a detailed travel plan.