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Planning a family vacation in India during June requires carefully balancing the desire for pleasant weather against the reality of the Indian monsoon.

A 25 lakh gift to an NRI daughter is tax-free in her hands, but the remittance may attract TCS under LRS. Here's how the rules differ for overseas and NRO transfers.

Form 16 forms the basis of income reporting in ITR. It is important to verify the details mentioned in it, including total income, tax deducted at source, exemptions, and deductions claimed during the financial year. 

The Telangana High Court has ruled that EPFO cannot recover provident fund dues from an employee for an employer's alleged violation of EPF rules. The court said liability for transferring PF accumulations after surrender of the exemption rests with the employer and trust.

According to Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants' Society, while filing without Form 16 is legally permissible, it can expose taxpayers to several reporting risks if proper precautions are not taken.

If you want a trip where you can easily afford comfortable hotels, take high-speed trains across the country, eat wherever you want, and still have cash left over, choose

Sharp clarity on Income Tax scrutiny notices under Section 143(2) shows how returns are selected for verification, deadlines for notices, and compliance checks ensuring accurate tax filings and documentation. Check complete details now. 

Banks and regulators are warning about the risks of money mule accounts in online fraud as digital transactions rise. The RBI advises customers to safeguard their accounts and be cautious of suspicious requests, as fraud cases remain a significant concern in the banking sector.

Money-market funds primarily invest in short-term instruments maturing within one year, while short-duration funds invest in a mix of debt securities and money-market instruments with a portfolio duration of 1 to 3 years.

For most NRIs, the right way to use this window is to use their disposable savings to make a deposit for three to five years and leave the leverage to those equipped for its risks.

India's instinct to curb gold imports via higher duties and moral appeals is self-defeatingit drives up domestic prices, spurs exchange-traded fund inflows, and increases physical bullion demand. The solution is to shift gold ETFs to derivatives-backed structures to mobilise domestically held gold.

The lending industry is shifting to real-time infrastructure to meet borrower demands for speed and data security. APIs and modern platforms enable quick access to financial data, enhancing risk management and customer experiences.

Today marks the final day for stakeholders to submit their memorandum to the 8th Pay Commission. Major proposals include increasing gratuity payouts to 75 lakh and a revised calculation formula for government employees.  

Subscribers can track whether the annual interest has been credited through the EPFO passbook portal by logging in with their Universal Account Number (UAN). 

WTI crude oil drops to around $80 per barrel today, while Brent crude falls nearly 4% to around $83.82 per barrel. However, key questions remain. Could India really see a fall in petrol, diesel and LPG prices following this development?

A missing nominee or will can delay access to savings. Understand how legal heirs can claim fixed deposits, the documents required, and the process banks follow after a depositor's death. 

Mutual funds increased exposure across a mix of banking, digital and energy stocks in May. Here's a look at the large-, mid- and small-cap names that attracted the highest inflows.

Average maturity shows when the fund's underlying bonds are expected to mature, macaulay duration indicates how long it takes to recover the investment through cash flows, and modified duration measures how sensitive the fund's NAV is to changes in interest rates.

Home loan rates start at 7.15% this June 2026, giving borrowers a chance to cut borrowing costs by carefully comparing lenders, charges, repayment options and loan features. 

Parag Parikh Flexi Cap Fund currently leads the category with an AUM of 1.41 lakh crore, followed closely by HDFC Flexi Cap Fund at 1.01 lakh crore. While HDFC outperformed across the 1-year, 3-year, and 5-year periods, Parag Parikh Flexi Cap Fund delivered better returns over the 10-year horizon.

Returns alone don't tell the full story of a mutual fund. Here's how alpha, beta, Sharpe ratio and other key metrics can help investors assess risk and performance.

The analysis of 25 years of rolling market data suggests that remaining fully invested in equities gave better long-term returns rather than systematically transferring gains to debt after reaching pre-defined profit targets or market highs.

The Annual Information Statement (AIS) provides taxpayers with a comprehensive and consolidated view of their financial data. It includes the taxpayer's TDS and TCS details, specified financial transactions (SFT), tax payments, demand and refund records. 

Gold prices rose on 15 June  due to optimism following a US-Iran peace deal. MCX gold for August futures increased by 1.71% to 1,53,490 per 10 grams, while silver rose 0.94% to 2,53,520 per kg amidst volatile equity markets.

8th Pay Commission developments: Key updates include consultation visits, an extended memorandum deadline and stakeholder outreach across multiple states. Here are the latest updates from the official website. 

8th Pay Commission: 15 June marks key compliance deadlines, including the submission of memoranda, advance tax payments and Form 16 issuance affecting employees, pensioners and taxpayers.

NRIs who become tax residents in India can defer tax on foreign retirement accounts until withdrawal by filing Form 40. This applies to accounts in the US, UK, Canada, and Australia, and offers relief from accrual taxation. Details here.

Certain income types are exempt from taxation under the Income Tax Act, helping taxpayers minimize their tax liabilities. Here are some options you can consider.

ICICI Lombard warns that car insurance claims for damage from E20 fuel in older, non-compatible vehicles may be rejected, as such usage could be seen as negligence. Details here.

Home-loan repayment is not eligible for Section 54F relief, if the property was purchased outside the prescribed time window.

Salaried taxpayers can choose between old and new tax regimes until the ITR deadline. Employers will apply the new regime if no preference is communicated, but the final choice rests with the taxpayer during ITR filing. Details here.

A working professional seeks a practical Work-From-Anywhere experience for a month-long family vacation in India. ChatGPT suggests 5 suitable destinations, recommended based on work and family needs.

The mAadhaar app will be replaced by a new Aadhaar app, launched on January 28, 2026, to enhance privacy and control over data. Here's what makes the new app different and whether you need to transfer data manually.

Corporate burnout motivates considering a sabbatical. I asked ChatGPT if I should go for it.

As of June 14, 2026, senior citizens over 60 can access higher FD interest rates, with extra benefits for those over 80. Various banks offer additional rates.

IRDAI has issued guidelines on Migration and Portability for health insurance, allowing policyholders to transfer benefits between insurers or within the same insurer, ensuring continuity of waiting periods and accrued bonuses under certain conditions.

Foreign Portfolio Investors (FPIs) influence Indian markets but their control has diminished. Increased domestic participation has reduced reliance on foreign capital, allowing the market to remain resilient even during significant FPI outflows in recent years.

Avoid costly borrowing mistakes with the 3/20/30/40 rule for home loans as a guide to efficient home loan planning. This simple framework helps homebuyers manage EMIs, reduce debt burden and maintain long-term financial stability. It is prudent to consult a financial advisor while planning a loan. 

Investors often compare lump sum investing and SIPs for wealth growth. A lump sum involves a single, large investment, while a SIP allows regular, smaller contributions. Lump sum may be ideal for large sums, while SIPs benefit those who invest gradually from salaries.

On June 14, gold prices in India remained stable, with 24-karat gold at 150,900 per 10 grams. Silver saw limited movement, with 999 Fine priced at 247,630 per kg. Prices reflected Friday's closing levels as the MCX remains closed on weekends.

According to Chakravarty, expenses begin immediately after pregnancy is confirmed, with regular doctor visits, scans, blood tests and medicines. He estimated that medicines and supplements alone cost his family between 1,500 and 2,000 per month during the pregnancy period.

Home loan insurance adoption has surged sevenfold recently, driven by borrowers seeking to protect families from loan liabilities. Most purchasers are aged 31-45, primarily salaried professionals. 

Driven by a bruising $30-billion foreign institutional sell-off, the Nifty 50 has dropped back into its historical valuation average, potentially opening up rare entry points for long-term investors, experts told Mint.

A rising gold price may feel reassuring, but a hedge that grows too large can become the biggest risk in your portfolio. Here's why rebalancing matters.

Eligible nominees for EPF include spouses, children, and dependent parents. Members without families can nominate others, but the nomination becomes invalid if the member later acquires a family.

The 8th Pay Commission's discussions focus on the fitment factor, crucial for salary hikes for central government employees in India. The report submission may extend to July 2027, with a potential multiplier between 2.28 and 3.83 affecting over 1.1 crore beneficiaries.

Start early, build more wealth. This investment planning example shows how the power of compounding helps long-term investing create a significantly larger corpus, even with modest monthly SIP contributions. Understand this concept today to ensure meaningful wealth creation in your life ahead. 

India's cost-of-living gap is widening, with Maharashtra's monthly expenses averaging 52,392, while Himachal Pradesh and Bihar remain affordable under 28,000. Economic opportunities vary significantly, influencing household budgets and lifestyle choices across states.

Private and public sector banks in India will be closed for two days between 15 June and 21 June 2026 due to holidays specified by the RBI. Preparedness is essential for customers planning visits, though online banking services remain available during the closure.

The key issue is not simply whether EMIs are being paid on time. Instead, it is whether your overall financial framework has enough resilience to withstand unforeseen setbacks.