The Economic Times

ITR filing deadline: Taxpayers with business or profession income must file their returns today. This deadline applies to those using ITR-3 and ITR-4 forms. More than seven crore income tax returns have already been filed. Individuals and HUFs with presumptive business income use ITR-4. Partners of non-audit firms also have this August 31 filing requirement.

Dubai based homebuyers books two flats in Mumbai from Dubai office in Sheikh Zayed Road of Sion, Mumbai based builder; but builder delays possession; homebuyers cancels booking; MahaREAT orders Rs 1.33 crore interest compensation plus full refund. Read the article to know how the homebuyer won the case.

Bank holidays in September 2026: In September 2026, customers in different Indian states should anticipate bank closures for a variety of festivals. It's wise to consult the RBI holiday calendar for effective planning. Timely completion of essential banking tasks is critical, so proactive checks are recommended. Also, scheduled and non-scheduled banks will observe holidays on the second and fourth Saturdays, helping to prevent any last-minute banking challenges for customers.

8th Pay Commission news: Central government employees receive arrears on basic pay after pay commission implementation delays. Dearness allowance and house rent allowance are not typically paid as arrears. Transport allowance also does not accrue arrears due to its fixed nature. Estimates show significant arrears for Level 4-7 employees at various fitment factors. Actual arrears will be confirmed after the government officially notifies the new rates.

The deadline to submit ITR-3 forms for non tax audit business income is set for August 31, 2026. For those requiring a tax audit, the submission date extends to October 31, 2026. Important updates for AY 2026-27 include new reporting obligations for specific non-residents under Section 44BBD, and taxpayers must disclose political party details to claim deductions under Section 80GGC.

How long will it take to build a Rs 3 crore corpus with a Rs 15,000 monthly SIP? Using a 12% assumed annual return and a Rs 1 lakh lump-sum investment, the target could take around 25 years and 10 months to reach, according to the Value Research calculator.

During an income tax search operation (raid) Rs 16 lakh cash was seized; Man says its family cash; tax officer does not believe him and calls it unexplained cash; he wins case in ITAT Mumbai. Read the article to know how.

Around 19 equity mutual funds delivered over 20% returns on lumpsum investments over the last one year, according to an ETMutualFunds analysis. Small-cap funds dominated the list, with TRUSTMF Small Cap Fund topping the chart with a 33.73% return. Invesco India Smallcap Fund also featured among the top performers, delivering a 20.39% return during the period.

Groww AMC has completed State Street Investment Managements strategic investment after receiving all necessary regulatory approvals. State Street now holds a 4.85% voting interest and 23% economic interest in Groww AMC, with the partnership set to strengthen its capabilities across ETFs, indexing, systematic investing and global market access.

Gold rate today: Here is a look at the latest 22k gold rate from leading jewellery brands such as Tanishq, Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers in Delhi, Mumbai, Chennai, Hyderabad, and Bengaluru. Also find the latest 14k, 18k, 20k, 22k and 24k indicative gold prices and the 999-purity silver price from the India Bullion and Jewellers Association (IBJA) today.

Transformers and Rectifiers shares rallied on Monday after the company secured a large order from MEIL for manufacturing transformers and related work. Valued at Rs 100 crore to Rs 500 crore, excluding GST, the order is scheduled for execution over 35 months and is expected to strengthen the companys order pipeline.

Gold and silver ETFs fell sharply on Monday, with some funds declining up to 8% as precious metal prices extended their losses. Rising expectations of a US Fed rate hike, profit booking and a stronger dollar weighed on sentiment. Experts advised investors against panic selling and suggested rebalancing or staggered buying.

Starting on October 1, 2026, new charges will be introduced for the National Pension System. All subscribers are required to pay a one-time onboarding fee of Rs 200 to register for PRAN. Additionally, active schemes will incur an annual fee of 0.20% of Assets Under Management (AUM). However, those opting for digital onboarding will benefit from a reduced charge of Rs 100.

In August, multiple international equity mutual funds posted impressive returns surpassing ten percent, with the Nippon India Taiwan Equity Fund and DSP World Gold Mining Overseas Equity Omni FoF leading the pack. Analysts attribute these robust performances to fluctuations in overseas markets and currency values. It's essential to remember that a single month's performance may not signify an overarching trend.

Central government pensioners can commute up to 40% of basic pension as a lump sum at retirement. The commuted portion is then deducted from monthly pension and restored after 15 years. Several employee and pensioner organisations want this period reduced to 1012 years.

If you are planning to invest for three to five years, but dont want to take a call on interest rates, you can bet on dynamic bond funds

The Rs 825 crore IPO, priced at Rs 788 per share, comprised a fresh issue of 79 lakh shares worth Rs 620 crore and an offer for sale (OFS) of 26 lakh shares aggregating Rs 205 crore. Ahead of the public issue, the company had also raised Rs 246.30 crore from anchor investors.

As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.

Large banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boosted banking system liquidity considerably in recent months. However, longer-term borrowing costs are hardening due to hawkish monetary policy signals. Markets anticipate potential interest rate hikes in the near future. This outlook is influencing investor decisions on longer-dated debt instruments.

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 116th part of this series, Riju Mehta explains how this system helps in overseas money transactions.

Water shortages, elevator breakdowns and rising maintenance billsthe reality of what happens after you move into a mega gated society.

Without maternity cover, pregnancy-related complications arent covered, but disputes can arise over whether the exclusion extends to unrelated ailments.

Sebi's recent mutual fund category renaming has created potential investor confusion. Long Duration Funds are now Long Term Funds, which are debt-based. This change may mislead investors seeking equity for long-term goals. Fund houses must now align scheme names with modified category designations. The regulator aims to standardize names and reduce scheme duplication across the industry.

The Finance Act, 2026, has plugged a significant gap. Earlier, an updated return could not be filed if unaccounted income merely reduced a reported loss and the corrected return remained a loss return. The amendment now permits such loss reduction updated returns retrospectively from 1 March 2026.

Understand F&O taxation, deductible expenses, loss set-off and carry-forward, and audit rules.

Know which side of the ledger your decade sits on, says Devashish Chakravarty.

An uncertain and low income from a temporary teaching job in a college requires prudent handling of ones finances. Find out how to do it.

In this weeks TrendMap, ET Wealth compares seven asset baskets. Portfolios with gold have delivered a notable return boost in recent years, while those with no gold exposure have lagged. For better portfolio outcomes, investors should avoid being swayed by the performance of any single asset class. Experts recommend diversification through prudent asset allocation. What then is the best combination? The answer will vary, as every investors ideal asset allocation is different. By Sameer Bhardwaj.

These target-date funds simplify goal-based investing and defer taxes, though the one-size-fits-all approach may not suit everyone.

Three new passive mutual funds are set to open for subscription this week, including two index funds and one ETF. UTI Mutual Fund will launch two BSE India Sector Leaders funds, while Navi Mutual Fund will introduce a Nifty REITs & Realty Index Fund. Investors should evaluate these new fund offers based on their risk appetite, investment horizon and financial goals.

Equity mutual funds posted mixed performance last week, with 426 of 621 funds delivering positive returns between August 24 and 29. Nippon India Taiwan Equity Fund topped the list with a 6.56% gain, while the other top performers, including international, healthcare, contra and momentum funds, delivered returns over 2.40%.

These five flexicap mutual funds delivered strong returns over the past three years, with annualised returns ranging from 18.1% to 20.2%, according to ET Wealth data as of August 19, 2026. Bank of India Flexi Cap Fund topped the list with a 20.2% CAGR, followed closely by Motilal Oswal Flexi Cap Fund at 20.1%.

Govt employee died in a naxalite bomb blast in 2003. His widow received an ex gratia payment and a seven-year family pension. She sought an extended pension based on a 2005 government policy. The Patna High Court ruled the policy could not be applied retrospectively. Read the article to know more.

An ETMutualFunds analysis found 12 equity mutual funds that turned a Rs 10,000 monthly SIP into more than Rs 11 crore since inception, led by Nippon India Growth Mid Cap Fund.

Five mutual funds delivered strong six-month returns while maintaining relatively low expense ratios. Parag Parikh Liquid Fund was among the top performers, with a 3.34% return and 0.10% expense ratio.

Six equity mutual funds delivered over 25% returns in three years. Here are the top performers, along with their AUM, expense ratios and ratings, according to MF Screener.

AMFI has re-elected Sundeep Sikka as Chairman and Vishal Kapoor as Vice Chairman for another term. Sikka, MD and CEO of Nippon Life India Asset Management, and Kapoor, CEO of Bandhan AMC, were unanimously re-elected by the Board after AMFI

JioBlackRock Mutual Fund will launch the JioBlackRock Balanced Advantage Fund in September, with the NFO open for subscription from September 11 to September 25. The fund will invest dynamically in equity and debt instruments. Here are the key details, including the NFO dates, asset allocation, benchmark, fund managers and risk level.

New labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried individuals. Salaried employees having Rs 15 lakh CTC may get up to Rs 7,928 less net take home pay after new labour code is applied; Know what happens for Rs 10 lakh, 25 lakh and 50 lakh CTC.

Non-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of regulations. Stricter rules apply to agricultural lands and farmhouses, particularly regarding their sale and repatriation. The method of repatriating sale proceeds varies based on the property's origin and classification.

A Rs 10,000 monthly SIP can grow into a sizeable corpus over time, but the final value depends on the investment duration and expected returns. Heres how investors can use the future value formula to estimate their SIP corpus at different return rates.

Revamping aged societies opens the door to fresh residential and commercial opportunities in Mumbai. Choosing between hiring a builder or embarking on self-redevelopment requires careful legal and technical assessments. The self-redevelopment route, supported by government initiatives, can be beneficial. Success relies on meticulous planning and strong consensus among members for the project to thrive.