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- Fuel inflation explained: How changes in petrol, CNG, LPG and PNG prices could affect your household budget
Fuel inflation can affect household budgets differently, depending on the fuel used for cooking and commuting. The latest Finance Ministry report shows how inflation in LPG, PNG, petrol, diesel, and CNG has changed over the last few months. Here’s what the numbers mean for your expenses.
- Class 9 students to study personal income tax: How NCERT is teaching financial literacy at a young age
A chapter outlines step-by-step procedures to compute total tax liabilities using the new tax regime, deliberately omitting references to the old tax regime.
- Swiggy 'cost for two' misleading? What Delhi consumer court's ₹1 lakh order means for diners
A Delhi consumer court directed Swiggy and a restaurant to pay ₹1 lakh as compensation over unfair trade practices. The order was passed by a three-member bench as per LiveLaw.
- Invested in gold, silver, debt or equity ETFs? Check how capital gains tax maths differs across these mutual funds
Gold, silver, equity and debt ETFs do not face the same tax treatment when you sell. The holding period, type of ETF and size of gains can affect how much tax you pay. Here’s a look at the key rules and how the tax maths works for each category.
- International mutual funds: Check fresh SIP and lump sum investment options; one PGIM scheme to reopen on October 8
International mutual funds are again seeing investment restrictions change within days. While lump-sum investment options remain limited, some funds continue to accept SIPs, subject to specific conditions. Here’s what has changed and why these funds keep opening and closing.
- Delhi ITAT ruling: How relative’s airline job cleared businessman of tax penalty on foreign currency found in raid
The case highlights the importance of establishing ownership and the source of cash or foreign currency found during an income tax search through credible, corroborated evidence.
- Should you invest in Nifty 50 equal weight index mutual funds now? This 12-month ratio can help you decide
Nifty 50 Equal Weight Index Funds give investors balanced exposure across large-cap stocks. But with all funds in the red over the past year, should you invest or not? A simple indicator may help investors assess which strategy could suit the current phase.
- Bank of Baroda enters pension fund business as PFRDA targets 4 crore new NPS subscribers
Bank of Baroda enters the pension fund business as PFRDA targets up to 4 crore new NPS subscribers in the next two to three years.
- Top 10 mutual funds by AUM: Which schemes are beating their benchmarks on 1-, 3-, and 5-year CAGR returns?
The biggest mutual funds by AUM do not necessarily deliver similar performance against their benchmarks. A comparison of their 1-, 3-, and 5-year CAGR shows how different schemes have fared across these periods. Here’s what the numbers reveal for investors.
- Relief for taxpayers: Made a mistake in your income tax return? You still get your refund interest, rules ITAT
The Income-tax Appellate Tribunal rejects the tax department's attempt to withhold statutory interest.