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Unaccounted income invested in Virtual Digital Assets on CBDT radar

The Central Board of Direct Taxes is actively investigating potential tax evasion and money laundering related to cryptocurrency investments by high-risk individuals. Authorities are scrutinizing Virtual Digital Asset transactions for non-compliance with the Income-tax Act, focusing on discrepancies in ITR…

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US consumer sentiment up but economic worries remain: survey

US consumers bounced back somewhat in June from the shock of President Donald Trump’s wide-ranging tariffs, survey data showed Friday, but they still remain pessimistic about the economy. “However, consumers still perceive wide-ranging downside risks to the economy,” she added.

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FM Sitharaman to meet PSU bank chiefs on June 27 to review performance, boost lending

Following a sharp interest rate cut by the Reserve Bank of India (RBI), Finance Minister Nirmala Sitharaman will meet the heads of public sector banks on June 27 to review their financial performance and discuss key government schemes.

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Which Silver ETFs are the most suitable for investment in 2025?

Which Silver ETFs are the most suitable for investment in 2025? Complete guide on becoming a master of exchange traded funds. The use of precious metals like silver has been a safe haven for investors during periods of economic instability,…

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Reduce time lag between financial results and annual reports: Sebi to CFOs

Securities and Exchange Board of India (Sebi) wants Chief Financial Officers (CFOs) to release annual reports faster. This will help investors. Sebi also encourages CFOs to work closely with audit teams. Ananth Narayan of Sebi spoke at the ETCFO NextGen…

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Job postings in India rebounds 8.9% in May after 8 consecutive monthly declines: Report

Indian job postings saw an 8.9% rebound in May, ending eight months of decline, driven by the formalization of the economy. While slightly down 1.8% year-on-year, postings remain significantly above pre-pandemic levels, unlike many other major markets. Generative AI is…

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  • SBI employees to go on a 2-day strike on May 25,26: Check their 16 key demands

    State Bank of India employees plan a two-day strike on May 25-26, 2026, to demand better working conditions and job security. The All India State Bank of India Staff Federation cites administrative neglect and anti-employee policies as reasons for the protest.

  • Income-tax returns: Form 121 replaces Form 15G, 15H — Who is eligible, where to download and how to avoid TDS, explained

    The new Income-Tax Act 2025 replaced the original Tax Deducted at Source forms — Form 15G and 15H — with a single Form 121, as part of the government's move to streamline and simplify India's tax codes.

  • Tenant rights in India: How much of security deposit can be legally deducted by your landlord?

    Security deposit rules in India, guided by the Model Tenancy Act, 2021, vary by state and dictate how much landlords can collect and under what conditions deductions may occur. Details here.

  • ₹100 crore retirement fund ‘a math scam’, ₹2-3 crore ‘strong number, stop taking advice from influencers’, warns CA

    CA Kaushik believes that ordinary investors should not take advice from influencers who push for ₹100 crore retirement fund, calling it a ‘mathematical impossibility’ and ‘math scam’. He feels that ₹2-3 crore or even up to ₹5 crore are ‘strong, realistic numbers’.

  • I asked ChatGPT to plan my daughter’s Harvard education: AI suggests mutual funds, dollar assets, gives yearly cash flow

    ChatGPT recommends planning for global education beyond Harvard. It outlines significant costs for a master's degree, estimating up to ₹7.22 crore for two years. It suggests diversifying investments and emphasizes the importance of academic preparation and scholarship opportunities.

  • Buy Now Pay Later: Here's how BNPL works, who is eligible and how it impacts your credit score

    Buy Now Pay Later (BNPL) is a short-term financing option allowing customers to buy items and pay in installments. Here's all you need to know about how it works, who is eligible and how it impacts your credit score…

  • Rupee at record low: What it means for your personal finances, foreign travel, imports and markets — explained

    The rupee fell to a record low against the US dollar on 5 May 2026 due to rising US-Iran tensions and soaring crude oil prices. This could impact India's economy as well as household spending. Details here.

  • Income-tax returns: Investment proof, PAN Card — Here's a checklist of required documents for smooth ITR filing process

    Filing income tax returns can be a tough task for salaried individuals and first-time ITR filers alike. To make the process smoother and hassle-free, here's a checklist of essential documents you'll need, including Form 16, your PAN Card, and proofs of investment.

  • EPF vs PPF: Key differences, rules, tax benefits and returns explained

    EPF and PPF are key long-term savings instruments in India. While EPF is for salaried employees, PPF is open to all. Both offer tax benefits and fixed interest rates, but differ in eligibility, contributions, and withdrawal rules.

  • Dearness Allowance: What are the types of DA and how often are they revised? We answer top FAQs

    Dearness Allowance is of two types, one which is revised quarterly based on CPI, and the other revised semi-annually. Both these aim to mitigate inflation effects for households of central government employees.

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