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Small-cap mutual funds#39; assets soar 83% to Rs 2.43 lakh crore in FY24 on retail investor boom

The surge in assets was complemented by an increase in the number of investors, with the number of folios reaching 1.9 crore in March 2024 from 1.09 crore a year ago, adding an investor base of 81 lakh. This shows…

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Mom-to-be Deepika Padukone shoots some crucial scenes for #39;Singham Again#39;, see pics from the sets

The Rohit Shetty-directed action thriller #39;Singham Again#39; was slated to release on August 15 this year, but reports say the post-production work and some chunks of the movie are left to be shot, so it might shift to the Diwali…

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Accumulate Tata Consultancy Services; target of Rs 4194: KR Choksey

KR Choksey recommended accumulate rating on Tata Consultancy Services with a target price of Rs 4194 in its research report dated April 16, 2024.

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Vodafone Idea FPO: Should you subscribe to India’s largest follow-on offer? Analysts advise caution

Vodafone Idea incurred a massive loss of Rs 23,564 crore for the nine months ended December, widening from Rs 22,822 crore a year earlier

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Schools in Odisha to remain closed from April 18-20 for heatwave

In a press statement, the School and Mass Education Department said the government has decided to close down all schools including those run by the government, government-aided and private for three days in view of prevailing heatwave conditions and rise…

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‘Ulajh’ teaser: Jahnvi Kapoor as a young IFS officer is out to prove her loyalty in this political thriller

Ulajh, which will release in theatres on July 5, stars Janhvi Kapoor, Gulshan Devaiah, Roshan Mathews, is directed by National Award winner Sudhanshu Saria, and produced by Junglee Pictures, which has had hits like ‘Raazi’, ‘Badhai Ho#39;, and ‘Talvar’.

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  • Gifting money to an NRI child: how is TCS calculated under LRS, and can you claim a refund?

    A ₹25 lakh gift to an NRI daughter is tax-free in her hands, but the remittance may attract TCS under LRS. Here's how the rules differ for overseas and NRO transfers.

  • Got your Form 16 from employer? Here's what you should check before filing ITR

    Form 16 forms the basis of income reporting in ITR. It is important to verify the details mentioned in it, including total income, tax deducted at source, exemptions, and deductions claimed during the financial year. 

  • Can EPFO recover PF money after employer’s violation? Telangana HC delivers key ruling

    The Telangana High Court has ruled that EPFO cannot recover provident fund dues from an employee for an employer's alleged violation of EPF rules. The court said liability for transferring PF accumulations after surrender of the exemption rests with the employer and trust.

  • Why salaried taxpayers should not file ITR without Form 16: Key risks explained

    According to Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants' Society, while filing without Form 16 is legally permissible, it can expose taxpayers to several reporting risks if proper precautions are not taken.

  • China vs Russia — I asked Gemini which international solo trip is best under ₹1.5 lakh

    If you want a trip where you can easily afford comfortable hotels, take high-speed trains across the country, eat wherever you want, and still have cash left over, choose…

  • Section 143(2) explained: Why the Income Tax Department may scrutinise your ITR this year

    Sharp clarity on Income Tax scrutiny notices under Section 143(2) shows how returns are selected for verification, deadlines for notices, and compliance checks ensuring accurate tax filings and documentation. Check complete details now. 

  • RBI flags rising money mule fraud: Why sharing your bank account can be dangerous

    Banks and regulators are warning about the risks of money mule accounts in online fraud as digital transactions rise. The RBI advises customers to safeguard their accounts and be cautious of suspicious requests, as fraud cases remain a significant concern in the banking sector.

  • Money-market fund vs short-duration fund: Where to park your cash and why

    Money-market funds primarily invest in short-term instruments maturing within one year, while short-duration funds invest in a mix of debt securities and money-market instruments with a portfolio duration of 1 to 3 years.

  • Why FCNR deposits at 6-7.1% rates are attractive for NRIs

    For most NRIs, the right way to use this window is to use their disposable savings to make a deposit for three to five years and leave the leverage to those equipped for its risks.

  • Gold curbs won't work. Financial innovation will

    India's instinct to curb gold imports via higher duties and moral appeals is self-defeating—it drives up domestic prices, spurs exchange-traded fund inflows, and increases physical bullion demand. The solution is to shift gold ETFs to derivatives-backed structures to mobilise domestically held gold.

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