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The proposals include removing an additional 20% settlement charge in certain cases involving multiple proceedings and introducing a fast-track mechanism for settlements of up to 10 lakh
SBI has the largest deposit base among the banks included in the comparison, with total deposits of 60.4 lakh crore. It also has the highest customer base, with 53 crore customers
West Bengal government is set to implement the Centre's health insurance scheme Ayushman Bharat and state's cashless coverage scheme Mukhyamantri Swasthya Bima Yojana from August 16. Here's all we know
The 8th Pay Commission has updated guidelines on eligibility criteria and essential qualifications for vacancies of its contract-based consultant roles. Here's a look at what has changed for the applicants.
Finance commentator Seb's FIRE Journey ignites online debate over early retirement versus corporate life. Many agree that a lengthy commute and dull meetings can overshadow the perceived boredom of retirement.
Gen Z's budget is far more practical than flashy. A staggering 70% of a young professional's monthly budget is swallowed up by just five core categories Bills, subscriptions & more
Investments in NSC start at 1,000 with no upper limit. NSC qualifies for Section 80C tax deductions for resident investors. Premature encashment is allowed under specific circumstances, like the account holder's death or court orders.
Trade union, the Bharatiya Mazdoor Sangh (BMS), said it will hold nationwide demonstrations on 17 August over long-pending workers' issues. Demands include Minimum pension, variable DA, and EPF ceiling increase.
Crop insurance premium slumped by two-thirds during April-July to 1,183 crore from 3,544 crore a year earlier, while fire premium fell 28.5% to 10,062 crore from 14,063 crore.
The Maharashtra government may provide 3,000 to women enrolled in the Ladki Bahin scheme before Raksha Bandhan. However, beneficiaries await clarity on pending payments for July and August, with no official confirmation yet on the potential combined instalment or payment dates.
Among the safest investment options in India, public provident fund or PPF investment can help parents prepare for the big expenses in your children's future, be it health, marriage, education or other aspirations.
The ET report said that building long-term wealth requires a deep understanding of financial planning.
Subhashree Sahu, a prominent digital content creator from Odisha, lost her Instagram account. With over 1.3 million followers, she earned substantial income from subscriptions, reportedly around 23 lakh monthly. And, she is not alone.
The tribunal observed that Section 3 of the Black Money Act provides for taxation of an undisclosed foreign asset in the year in which the asset comes to the notice of the Assessing Officer
In the latest episode of Lets Mint Money, Waterfield Advisors founder and CEO Soumya Rajan discusses family governance, the importance of the right asset allocation conviction and navigating global market shifts.
EPFO has issued 149,806 pension orders for higher contributions to retired applicants with aim to provide greater benefits linked to actual wages, MoS Shobha Karandlaje told Parliament. Here's how beneficiaries can check status of their claims
A Kerala HC ruling offers relief to FD holders facing delayed payments. Here's what depositors can do if a bank refuses to return their money after maturity and what remedies may be available.
The Delhi High Court reduced a wife's interim maintenance from 30,000 to 25,000 amid a matrimonial dispute. The court emphasised a balanced approach to maintenance laws, retroactively applied from April 2021.
RBI rules classify savings and current accounts as inoperative after more than two years without customer-induced transactions. Learn how to check an inactive bank account, update KYC, reactivate it and protect your money from fraud.
Retail investors are flocking to corporate bonds but relying too heavily on credit ratings. Experts say ratings miss default, liquidity and price risks.
Homebuyers facing possession delays without any formal communication from the builder have various legal ways to protect their rights and receive fair compensation for the trouble. Here are the options that you can consider if it happens to you.
Companies must deposit PF contributions with EPFO by the 15th of each month. Delays can lead to penalties and other such consequencies. Here's whether an employee's interest gets affected due to the delay.
Check how to transfer PPF, Sukanya Samriddhi and SCSS accounts from a Post Office to a bank. Here's the information on the transfer process, the 100 plus GST fee, required documents, interest rates and key checks investors should complete.
NRIs are allowed to invest in Indian equities and mutual funds but require NRE or NRO accounts, demat accounts, and specific permissions for stock market access. Details here.
The move is aimed at making companies globally competitive and getting them easier access to capital.
EPFO will hold a live pension session on 18 August, allowing members to raise EPS queries and grievances. Know the timing, platforms, key pension topics and practical tips before participating in the EPFO live session.
The ministry of road transport and highways has tightened how it rates DPR consultants, giving associate firms only 75% of the lead consultant's rating instead of an equal score.
SGB 2019-20 Series III investors can opt for premature redemption from August 14, 2026, with RBI fixing the redemption price at 15,310 per unit. At the 3,449 issue price, the gold bond has delivered an absolute gain of about 344%.
Gold and silver prices today, 14 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.
8th Pay Commission is consulting central government employee unions, pensioners and other stakeholders. Decisions on fitment factor, minimum salary, allowances and pension revision remain pending, with recommendations due by May-June 2027.
Investors in India who rediscover old physical share certificates, must convert them into demat holdings. SEBI's recent circular introduces a special window for eligible cases, along with simplified procedures for securities transmission. Details here.
EPF can help salaried employees build long-term wealth through regular contributions and compounding. Expert shares how staying invested, avoiding premature withdrawals and planning can strengthen retirement savings.
Consumer goods companies are giving milk-based drinks a protein boost as health-conscious consumers shift towards on-the-go products.
Around two-thirds of fertilizer applied to crops may not be absorbed by plants, raising concerns over the cost of subsidies, groundwater contamination and air pollution.
While financial independence can be liberating, retiring early may feel hollow if it means withdrawing entirely from work or society without a clear end goal.
For many global banks, India offers a juicy retail market, and buying into existing non-banks offers a quick entry without exposing themselves to direct lending operations.
Sector leadership keeps changing, but the next opportunity may not be where investors expect. A decade of market cycles offers clues on how sectors fall out of favour, recover and eventually regain investor attention, with valuation and fundamentals holding the key.
Financial freedom isnt defined by a fixed 5 crore or 10 crore corpus. Inflation, debt, dependents, healthcare costs and retirement goals can significantly change the amount you need. Heres why your personal freedom number may be very different from what you expect.
The higher-pension process stems from the Supreme Court's November 2022 judgment, which upheld the right of eligible employees to opt for pension contributions based on higher wages, subject to the applicable conditions.
If you are an Indian content creator earning income from YouTube, it is important to understand how your dollar earnings should be converted, taxed and reported in your ITR. Knowing the correct rules can help you avoid errors and ensure proper tax compliance.
The plan is designed to address changing financial and healthcare needs across different stages of a woman's life, while offering additional flexibility in premium payments.
West Bengal 7th Pay Commission has decided to set-up the website. It will provide details of the Commissions activities, official notifications and opportunities for stakeholders to submit their views and relevant data. It will also allow employees & other stakeholders to submit memoranda to panel.
Your mutual fund value on a broker or wealth-management report may differ from the value shown in your CAS even when the number of units is the same. One possible reason is that the platforms may use NAV data from different dates to calculate the investment value.
Niti Aayog and Crisil have identified 12 sectors where India can aim for global manufacturing leadership by 2047. The report warns India must shift from scaling output to building value addition, tech depth and supply-chain integration.
Higher global prices and import costs are keeping Indias edible oil market under pressure, while the benefits of higher oilseed sowing are unlikely to be felt until the new crop arrives.
The government is considering MDR on select high-value UPI merchant transactions to make the digital payments ecosystem financially sustainable. The exact transaction threshold and MDR rate are yet to be finalised, while P2P payments may remain free.
A 54 lakh cash deposit landed a Rohtak property dealer in a tax dispute after he failed to file an ITR and respond to notices. But documents showing the money belonged to property buyers, not him, changed the case and led the Delhi ITAT to delete the tax addition.
The choice largely depends on an investor's financial goals, risk tolerance and investment horizon.
Banks attribute the strong growth momentum in corporate loans to a pick-up in demand from sectors such as renewables, power and data centres.
Annapurna scheme: West Bengal CM Suvendu Adhikari said women earning more than 10,000 a month or belonging to families with an annual income of above 12 lakh would not be eligible for the scheme.

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