The Economic Times

While giving shares to your parents who reside in your home country might appear as a thoughtful gesture, it has substantial tax considerations for NRIs. Although the gift itself isnt taxable, comprehending the nuances of acquisition costs and the period theyve been held is vital.

The Punjab government is taking a closer look at its pension scheme for state employees, with the goal of aligning benefits more closely to the Old Pension Scheme. This comprehensive review will assess both the administrative and financial aspects necessary for effective implementation while also drawing insights from successful practices in other states. A revised pension structure is set to be proposed following this in-depth analysis.

Starting from October 2026, a new Merchant Discount Rate framework will be introduced for specific UPI transactions. This framework is designed to categorize rates according to merchant industry types and transaction amounts. Fortunately, most daily UPI payments and small vendor transactions will still be exempt from these fees, allowing individuals to continue enjoying unlimited free UPI transactions without any limitations.

Two members challenged redevelopment plan citing 10% less area with potential Rs 25 to 30 lakh loss; loses case in Maharashtra Co-operative appellate court in a interim judgement. This article explains why.

The Employees Provident Fund wage ceiling has risen to Rs 25,000. This change will affect Employees Pension Scheme members' monthly pension amounts. Employees with longer service periods will see greater pension increases. Pension calculations depend on average salary and years of pensionable service. The new ceiling allows more employees to join the EPS scheme.

Indias wealth-management market could grow 2.5 times to $436 billion by 2034, driven by rising incomes, financialisation of savings and wider capital-market participation, Emkay Wealth Management said. The wealth manager expects small- and micro-caps, global diversification and customised investment solutions to gain importance as investor needs become more sophisticated.

Explore how a Rs 10,000 monthly SIP can grow toward a Rs 1 crore corpus, with timelines varying based on expected returns and annual SIP increases of 5% or 10%.

The Employees Provident Fund Organisation has introduced a new wage ceiling of Rs 25,000, which will directly influence the contributions made by both employees and employers to the provident fund. Furthermore, subscribers of the Employees Pension Scheme can expect an increase in their monthly pension benefits.

HDFC Mutual Funds portfolio reflects a strong tilt toward banking and financial stocks, alongside major positions across telecom, technology, consumer, industrial and automobile sectors, highlighting its diversified large-cap investment approach.

Radhika Gupta, Edelweiss Mutual Fund CEO, cautions investors against checking mutual fund NAVs and stock prices too frequently. Constant access to live data can amplify perceived volatility and shorten investment horizons. She advises evaluating investments according to their intended time frame, particularly long-term equity funds, rather than reacting to daily market movements.

The EPF wage ceiling limit has been increased to Rs 25,000 with effect from September 17, 2026. However, this does not mean that every employee will experience a lower take home pay. This is dependent on many factors like how much EPF contribution has been now, and others. Read the article.

August witnessed a significant decrease in cash holdings among mutual funds, with a collective reduction of nearly Rs 8,502 crore across 27 asset management companies. Leading the charge, ICICI Prudential Mutual Fund cut back its cash by Rs 4,314 crore. In contrast, both Bandhan and Kotak Mutual Funds chose to expand their cash positions, while six AMCs collectively held cash portfolios surpassing Rs 10,000 crore.

While many banks credit the savings account interest quarterly, there are some that credit the amount monthly. Basically, monthly interest credit means getting the interest earned on a savings account credited to the account each month. So, every month you could see a slightly higher amount than the previous month.

ETMarkets identified 41 stocks held exclusively by a single equity mutual fund scheme, with holdings valued at over Rs 10 crore. Ten gained between 50% and 141% in six months, including three multibaggers that more than doubled investors wealth.

GOld price today: On September 17, 2026, gold and silver prices dipped as per IBJA rates, with leading jewellery brands recording lower 22k gold rates than the previous day.

8th Pay Commission pension: Level 4-7 pension estimates at 2.15, 2.28 and 2.57 fitment factors.

Paytm shares have rebounded over 480% from their lifetime low but remain 20% below the Rs 2,150 IPO price. The introduction of MDR on select high-value UPI transactions could create a new revenue stream for the fintech, while merchant lending, operating leverage and AI initiatives offer additional growth avenues.

Senior living communities offer security, healthcare support, maintenance-free living and companionship. But moving into one can require a large upfront payment, regular monthly charges and additional healthcare expenses.

Want to build a Rs 1 crore corpus for your childs higher education in 18 years? An investor with a moderate-to-high risk appetite can achieve this goal with a Rs 20,000 monthly SIP, assuming a 9% long-term return. An expert recommends a diversified equity portfolio initially, followed by a gradual shift towards safer investments during the final three years to protect the corpus.

Juniper Hotels shares rose on Thursday after the company proposed acquiring the operating Novotel Imagicaa hotel in Maharashtra for Rs 248 crore. The 287-key property, located in Khopoli, spans around 11 acres and includes restaurants, banquet and meeting facilities. The acquisition is aimed at expanding Junipers presence in the Mumbai-Pune corridor.

Sensex and Nifty extended gains despite the US Federal Reserves first rate hike in three years, supported by broad-based buying outside the IT sector. Analysts remain cautious as elevated bond yields, FII selling, rupee weakness and geopolitical risks could fuel volatility.

Sovereign Gold Bond: The Reserve Bank of India has revealed the early redemption price for a gold bond series known as SGB 2019-20 Series IV. Starting from September 17, 2026, investors are eligible to redeem this bond after five years. The redemption price will be determined based on the average gold price from the previous three business days.

Glass Wall Systems shares rallied 12% on Thursday, extending gains after a 7% premium listing and an 18% rise on debut. Analysts highlighted project execution, earnings growth, margins and cash-flow generation as key factors to watch.

If you are planning to invest in balanced advantage schemes, here are our recommended schemes you can consider investing. There are no changes in the list this month. Follow our monthly updates to know how your schemes performed in the previous month.

Amid the backdrop of increasing US interest rates in August, fund managers proceeded with caution, prioritizing large-cap stocks that offered favorable valuations coupled with safety margins. Their approach in mid and small-cap investments was selective, choosing firms like LIC, Coal India, and notable pharmaceutical entities. There was also a surge in funding for NBFCs and research organizations in this period.

Mirae Asset Venture Opportunity Trust and its managers settled with Sebi for Rs 12.7 lakh. This settlement followed a breach of regulatory investment limits in a single company. The fund had invested significantly more than permitted in Supermarket Grocery Supplies Pvt Ltd. This action was taken after the regulator's examination revealed the investment percentage. The entities agreed to the settlement to resolve the legal proceedings.

In a significant update, the EPFO wage ceiling limit has been modified to Rs 25,000 monthly. This modification will add fifty-one lakh workers to the social security umbrella. With this change, both employee and employer contributions will go up from Rs 1800 to Rs 3000, potentially cutting monthly take-home pay by Rs 1200.

Govt tax reforms aim to reduce litigation at source, seeks practical industry Inputs: FM Sitharaman

The government has approved raising the EPF wage ceiling to Rs 25,000. This change will significantly increase the Employees Deposit Linked Insurance coverage amount. Nominees could receive a maximum assured sum of Rs 10.50 lakh or more. The revised ceiling aligns social security thresholds with current wage levels. Employers should await formal notification for detailed implementation provisions.

Filed ITR under the old tax regime but paid income tax under the new tax regime; ladywins case in ITAT Delhi after proving her accountant mistakenly filed this ITR under the old tax regime. M. Balaganesh, Accountant Member and Sudhir Kumar, Judicial Member of ITAT Delhi heard this case.

Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but there are specific regulations to follow.