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7 crore ITRs filed: I-T dept says 'don't wait for last minute' ahead of 31 August deadline for non-audit taxpayers

The income tax department said more than seven crore ITRs had been submitted as of 27 August.

28 Aug 2026 11:15 pm
Re-elected: Meet AMFI leadership team All about Chairman Sundeep Sikka and Vice-Chairman Vishal Kapoor

AMFI has re-elected Sundeep Sikka as Chairman and Vishal Kapoor as Vice Chairman. Here's a look at the careers, experience and industry roles of the two executives who will continue to lead Indias mutual fund industry.

28 Aug 2026 10:36 pm
Subhadra Scheme: 5th installment disbursed to 1.03 crore women by Odisha CM did you receive it? Here's how to check

Odisha Chief Minister Mohan Charan Majhi announced the release of over 5,160 crore under the Subhadra Yojana. To check your instalment, visit the official portal or your bank account. Use your mobile number, Aadhaar, or application ID to verify the application status.

28 Aug 2026 10:29 pm
Big tax relief: How a former BSNL employee won full VRS exemption at Chennai ITAT

Tax experts said the former employee succeeded because the Chennai ITAT accepted that the compensation paid under BSNL VRS-2019 was, in substance, retrenchment compensation rather than ordinary VRS compensation.

28 Aug 2026 7:50 pm
US Treasury yields rise: How it could impact Indian bonds and borrowers

US Treasury yields are rising amid concerns over US debt, deficits and inflation. Here's how higher US yields could affect Indian bonds, foreign flows and borrowing costs, and why investors should watch the US bond market.

28 Aug 2026 7:47 pm
Step-up SIP explained: How an extra 1,000 can boost your retirement corpus

A slightly higher starting contribution can produce a considerably larger corpus when combined with the same annual step-up strategy.

28 Aug 2026 7:23 pm
How much money do you need to retire? Start with expenses, not a 1 crore target

Retirement corpus plan: There is no one-size-fits-all retirement corpus. Your target should factor in current spending, inflation, retirement age, lifespan, post-retirement income and investment returns. Here's how to calculate how much you may need.

28 Aug 2026 6:15 pm
When pay cheques stop: Why every salaried professional needs these 3 financial pillars

The starting point of any solid financial plan is a dedicated emergency reserve.

28 Aug 2026 5:39 pm
DA, pension, 5-day work, incentives on list of demands by Bank workers, as union threatens strike on 11 September

DA formula to change? Bank unions are planning a nationwide strike on 11 September to push demands for five-day work week, performance-linked incentives, and pension reforms. Here's all we know 

28 Aug 2026 5:27 pm
Small-cap funds see strong inflows: Groww AMC identifies 4 sectors with long-term growth potential

Groww cautions that small-caps remain a highly volatile investment category. Investors should therefore maintain a long-term horizon of at least eight to 10 years to potentially generate sustainable returns and a healthy CAGR.

28 Aug 2026 5:26 pm
Foreign assets disclosure: Key FAST-DS rules Income Tax Department wants taxpayers to know

The Income Tax Departments FAST-DS scheme gives eligible taxpayers a limited window to disclose certain foreign assets. Here are the key rules on eligibility, valuation, tax, penalties and the 31 December 2026 filing deadline.

28 Aug 2026 5:18 pm
ITR deadline on 31 August: Here's who must file their returns, checklist for taxpayers and top things to know

Deadline to file income-tax returns for business or professional (including freelancers) income, is fast approaching on 31 August. Here's who must file their returns, checklist for taxpayers and top things to know

28 Aug 2026 3:50 pm
Jeevan Pramaan: 6 hurdles NRI pensioners may encounter in life certificate submission and how to overcome them

The Jeevan Pramaan platform allows pensioners to submit Digital Life Certificates online, but NRIs reportedly face challenges like lack of Aadhaar-linked Indian mobile numbers and difficulties with digital services, prompting many to submit offline.

28 Aug 2026 2:59 pm
Need emergency cash? You can turn your locked-in NSC into an instant loan check eligibility and interest rate

A loan against NSC can provide funds without immediate encashment. Here are the NSC loan rules, eligibility, application process, interest rate, LTV, documents and key points borrowers should know.

28 Aug 2026 2:48 pm
Empty wallet at the end of the month? Here is why having multiple bank accounts could be your first step in saving money

Many salaried people are financially strained at month-end, highlighting the need for better spending habits. Experts recommend having three bank accounts for budgeting purposes: one for daily expenses, one for emergencies, and one for investments, but caution about risks like minimum balance fees.

28 Aug 2026 1:25 pm
Looking to buy pet insurance? Here's all you need to check before finalising a policy

India is witnessing a growing pet population and rising veterinary costs, which are driving demand for pet insurance. In 2025, the pet insurance market reached 3,152 crore and is expected to grow further to 9,478 crore by 2034. 

28 Aug 2026 12:36 pm
Raksha Bandhan 2026: From gold to stocks, financial gifts to give your sibling

Rather than opting for conventional presents this Raksha Bandhan 2026, families can consider gifts that offer lasting financial value and reflect the festivals message of protection and care.

28 Aug 2026 12:24 pm
50,000 monthly income from FD: Corpus, interest rate and tax explained

To earn 50,000 a month in 2026, retirees need an FD corpus ranging from roughly 70.6 lakh to 1 crore, depending on the interest rate (6-8.5%), while factoring in TDS, senior citizen tax deductions under the Income-tax Act 2025, and post-tax income for retirement planning.

28 Aug 2026 12:05 pm
Chinas red lines for Indias auto industry emerge despite hopes of thaw

While Chinese battery technology remains difficult to access, Indian automakers and component makers are finding workarounds to rare-earth magnet restrictions.

28 Aug 2026 12:04 pm
Paid the last instalment of your home loan EMI? Do not forget to collect these documents from your bank

Celebrating a paid-off home loan is essential, but ensure to collect original documents, including sale deeds and No Dues Certificates. Per RBI guidelines, lenders must return these within 30 days; failure results in compensation. 

28 Aug 2026 10:32 am
Gold, silver prices today, 28 August: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

Gold and silver prices today, 28 August: 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.

28 Aug 2026 9:47 am
Small caps, thematic funds, global risks: Groww AMCs Anupam Tiwari on where investors should look

Thematic and small-cap funds may offer growth, but they demand patience and discipline. Groww AMCs Anupam Tiwari explains where these bets fit and where investors should tread carefully.

28 Aug 2026 9:00 am
8th Pay Commission fitment factor: 3.61, 3.833 or 4.00? What proposed salary hike means

The 8th Pay Commission fitment factor remains undecided, with several employee and pensioner organisations seeking factors of 3.61, 3.833 and 4.00. Heres what each proposal could mean for minimum basic pay, pensions and central government employees.

28 Aug 2026 8:47 am
Raksha Bandhan: How to gift mutual funds to your sibling? Know the process and key conditions

This Raksha Bandhan, gift mutual fund units to your sibling instead of a traditional present. Know the transfer process, eligibility, charges, tax treatment, NRI and minor rules, and what happens to SIPs after gifting.

28 Aug 2026 8:00 am
Buying health insurance in 2026? Check these 7 factors before choosing a policy

Best health insurance policy 2026 India: compare sum insured, exclusions, waiting period, co-payment, sub-limits, network hospitals, top-up plans & no-claim bonus before buying a family floater.

28 Aug 2026 7:18 am
Non-banks drive asset reconstruction purchases amid retail loan stress

Driven by tighter corporate debt supply and flexible pricing from non-banks, debt resolution firms are taking on larger volumes of small-ticket retail loans to free up lender capital.

28 Aug 2026 6:30 am
Are banks closed today, 28 August? Check the full list of states where branch visits may be affected by Raksha Bandhan

Banks will remain closed in several states on 28 August for Raksha Bandhan. The closures are state-specific, while online banking, UPI, NEFT, RTGS, and ATM services will continue. Customers should check their local bank's holiday schedule before visiting a branch.

28 Aug 2026 6:17 am
Public market fundraising set to hit record 6.5 trillion in FY27: Motilal Oswal

A rare, simultaneous surge in IPOs, QIPs, and block deals is set to propel India Inc's market mop-up to an all-time high in FY27 as pragmatic pricing accelerates deal execution, said Amit Ramchandani, head of investment banking at Motilal Oswal.

28 Aug 2026 6:01 am
Equity funds performance: Quant Small Cap tops 10-year SIP returns at over 25%; Sundaram Value trails

Equity mutual fund returns can vary sharply across categories and schemes. Over a 10-year SIP period, some small-cap and mid-cap funds emerged among the top performers, while certain large-cap, value and flexi-cap schemes featured at the lower end. 

27 Aug 2026 11:43 pm
Why are Indian investors increasingly choosing index funds over their 'cheaper cousin' ETFs?

Index funds are becoming increasingly popular among retail investors in the passive investing segment. Here's why Indian investors are choosing index funds over ETFs despite the latter being a cheaper option.

27 Aug 2026 11:14 pm
1.7 crore home loan, fall in income, educated wife yet 2 lakh monthly maintenance: Gurgaon court explains why

A wife sought 4 lakh per month as maintenance for herself and the children at the Gurgaon Family Court. She also asked for 7.5 lakh as litigation expenses. The husband claimed that his annual income had fallen to 36 lakh with other liabilities.

27 Aug 2026 10:59 pm
Are Zombie investments killing your wealth? Expert explains how to spot dead-weight stocks and MFs in your portfolio

Some stocks and mutual funds may remain in your portfolio despite prolonged underperformance. These zombie investments may no longer fit your strategy or goals. Here's how investors can spot warning signs and review whether such investments still deserve a place in their portfolio.

27 Aug 2026 10:23 pm
Gifting an SIP to your sister this Raksha Bandhan? Rules, tax traps and how to do it the right way

The simpler approach is to gift the money to your sister and allow her to invest it through an SIP from her own bank account.

27 Aug 2026 9:10 pm
EPF calculator: How a 30-year-old can build a retirement corpus of 4 crore with an annual interest rate of 8.25%

We used an EPF calculator to calculate how a 30-year-old can potentially accumulate over 4 crore for retirement by contributing 12% of a monthly salary of 80,000.

27 Aug 2026 8:53 pm
Passive funds: Kotak MF suggests where to put your money across market caps, commodities and sectors

Kotak Mutual Fund has highlighted passive investment opportunities amid market correction, spanning indices, commodities, sectors and themes. Heres what the fund house has suggested and how investors should approach this. 

27 Aug 2026 8:50 pm
Sovereign Gold Bonds for NRIs: Can they invest, hold existing SGBs and buy them from secondary market?

NRIs cannot make fresh investments in Sovereign Gold Bonds but can continue holding SGBs bought while they were residents. They can invest in physical gold, gold mutual funds, e-gold and Gold ETFs, subject to applicable rules.

27 Aug 2026 8:16 pm
Attention GST-registered taxpayers: Know right ITR form, turnover reconciliation and key checks for AY 2026-27

GST-registered taxpayers filing ITRs for AY 2026-27 need to choose the right form and ensure their turnover and income figures align with GST records. Heres what you need to know about ITR-3 vs ITR-4, turnover reconciliation, GST treatment, and common filing mistakes.

27 Aug 2026 7:52 pm
Using your EPF to pay off a home loan? Eligibility, online withdrawal process and trade-offs explained

For employees with a substantial home loan, tapping into a portion of their EPF corpus may appear to be a useful option. The money can be used to reduce the outstanding loan, cut the overall interest burden and potentially ease monthly financial pressure.

27 Aug 2026 7:10 pm
India Ratings lifts bank credit growth forecast, but warns of margin pressures

India Ratings maintained a neutral outlook on the banking sector, saying the latest 19.3% credit growth is being driven largely by lower-yielding corporate and NBFC loans rather than a broad-based acceleration in lending.

27 Aug 2026 6:37 pm
NPS asset classes explained: How can you allocate your retirement savings under active and auto choice?

NPS offers four asset classes and two investment options. While Active Choice lets you decide how your money is allocated, Auto Choice adjusts the allocation based on your age. Heres what you need to know about the available asset classes and allocation limits.

27 Aug 2026 6:22 pm
Have EPF through your job? Heres why investing in NPS too could help young investors build retirement wealth

Young salaried investors with EPF may still consider NPS to add market-linked growth and diversify their retirement savings. Experts say starting early can help, but investors should build an emergency fund before significantly increasing NPS contributions.

27 Aug 2026 5:22 pm
Is MTF a good product for customers? Zerodha's Nithin Kamath says it isn't suitable for most of them: Here's why

Zerodha founder Nithin Kamath has raised concerns over the rapid growth of its MTF business, which now stands at 9,000 crore. While the facility boosts buying power, Kamath says it may not suit most investors and could pose risks if markets fall sharply.

27 Aug 2026 5:14 pm
PM Jan Dhan Yojana turns 12 with 59 crore accounts, 3.17 trillion in deposits

PMJDY accounts come with no minimum balance requirement or maintenance charges. Account holders are provided a RuPay debit card carrying an accident insurance cover of 2 lakh and are eligible for an overdraft facility of up to 10,000.

27 Aug 2026 4:54 pm
Indias media and entertainment industry set to grow to $36.7 billion by 2030

India's entertainment and media market is projected to grow from $25.7 billion in 2025 to $36.7 billion by 2030, driven by digital ecosystems and technology. Key areas include internet advertising and OTT, with new monetization models enhancing revenue potential across traditional and digital media.

27 Aug 2026 4:37 pm
When borders blur: Inheritance challenges in NRI marriages

A single estate may be subject to different legal regimes, resulting in succession complexities.

27 Aug 2026 4:09 pm
Mint Explainer | Crop loss or diversion for ethanol: what's driving sugar prices?

The sugar price spike comes just ahead of the festive season, when consumption typically rises. Is it a result of lower production or diversion of sugar to ethanol?

27 Aug 2026 3:27 pm
Mint Explainer: Why India wants to indigenize SCADA systems

Mint explains the move and the challenges amid concerns over imported systems used in electricity distribution and transmission.

27 Aug 2026 3:11 pm
Can a father's child maintenance liability be reduced if the mother is earning? SC clarifies

The Supreme Court ruled last week that a mother's income cannot solely justify reducing a father's financial obligation for child maintenance. Here's all you need to know about the case.

27 Aug 2026 2:32 pm
RBI's new framework to ease loan comparisons: How will transparency benefit borrowers?

The RBI proposed clearer rules for banks and NBFCs on loan spreads and APRs to enhance transparency in borrowing. The draft intends to establish a unified framework by 2027, allowing better comparison of loan costs, including a ceiling on APR for small loans. 

27 Aug 2026 2:31 pm
Private credit is growing. But is the return worth the risk?

Private credit is attracting investors with returns of up to 22%, but higher yields come with higher credit, liquidity, manager and valuation risks that investors must understand before committing.

27 Aug 2026 1:58 pm