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Income Tax dept identifies cases of non-disclosure of foreign assets in ITRs, to start sending SMS/emails

The Income Tax department has identified individuals who have not reported foreign assets in their income tax returns. These taxpayers will receive SMS and emails starting November 28. They are advised to file a revised ITR by December 31, 2025.…

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Draft bill moots 10% education, 5% job quotas for disabled in Karnataka

This is part of a proposed landmark legislation that seeks to transform the lives of persons with disabilities by making inclusion a legal obligation. Among the other provisions, schools will be required to provide accessible infrastructure, learning materials in multiple…

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FMCG growth dips in Q2 FY26 on GST transition, but strong H2 revival seen: Report

India’s fast-moving consumer goods (FMCG) sector witnessed a brief moderation in growth during Q2 FY26 due to the impact of revised GST rates, but industry players remain upbeat about a strong revival in the second half of the fiscal, according…

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Tata, Reliance, Adani & Airtel — The behemoths want a space in this multi-billion centre

As data consumption soars and AI becomes increasingly vital, India’s leading firms are embarking on a significant investment journey into data centers. With industry titans like Tata, Reliance, Adani, and Bharti Airtel at the forefront, large-scale facilities are taking shape…

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Mahindra eyes selling 7k EV units per month by fiscal end

Mahindra & Mahindra has set an ambitious target to roll out around 7,000 electric vehicles each month by the end of this fiscal year. With plans to broaden their EV portfolio, they envision that electric vehicles will account for 25%…

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Rate cuts, tax breaks could lift India’s Nifty 50 to 30,000 by end-2026, J.P. Morgan says

India’s benchmark Nifty 50 index could climb to 30,000 by end-2026, implying an upside of about 15% from current levels, supported by steady fiscal and monetary policy that are expected to fuel demand, J.P. Morgan said on Wednesday.

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  • Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return

    Small-cap funds have emerged as the best-performing equity category in FY27 so far, delivering an average return of 22.31% between 1 April and 31 July. They were followed by mid-cap funds with 17.22%, flexi-cap funds with 14.06%, and large-cap funds with 10.52% returns. 

  • How to calculate capital gains on NPS Tier II withdrawals

    The eNPS portal does not currently provide a separate capital gains statement for Tier II accounts. Here's how withdrawals may be taxed and what investors need to know.

  • Income-tax returns: Here's a list of invoices, documentation employees should retain to support tax-free reimbursements

    Income-tax returns: The due date for ITR-1 and 2 passed on 31 July, but taxpayers using ITR-3 and 4 have time to complete their process. Amid the tax season, we explain what invoices and documents employees should retain to support tax-free reimbursements.

  • No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

    With international mutual funds facing investment restrictions due to overseas limits, investors can explore domestic mutual funds with significant foreign equity exposure. A total of 15 equity and hybrid funds have invested in foreign stocks, including two schemes with more than 26% exposure.

  • EPFO: Want to check your employees provident fund balance, download passbook? Here's how using portal, Umang app, SMS

    Want to check your employees provident fund (EPF) balance, contributions, interest earned or download your passbook? Here's how you can do so using the official EPFO portal, Umang app, SMS, missed call or helpline.

  • Adding equity does not always increase portfolio risk: New study compares different debt, equity and gold portfolios

    A 100% debt portfolio delivered an average annual return of 6.79% with volatility of 6.38%. However, adding a 10% equity allocation improved returns to 7.99% while reducing volatility to 5.76%, showing that higher equity exposure does not always translate into higher portfolio risk.

  • 8th pay commission: As panel closes data submission window, check latest updates on group consultations

    The 8th central pay commission (CPC) has closed its window for data submission this week. Here's a look at the latest updates on its group consultations process before the panel makes its recommendations.

  • 33,730+ register for Delhi Lakshmi Yojana within 12 hours of launch: Check eligibility, documents, and steps to apply

    Delhi Lakshmi Yojana portal received 33,730+ registrations within 12 hours of its launch on 1 August. The scheme offers eligible women ₹2,500 per month. Women aged 21-60 years, with annual family income up to ₹2.5 lakh and meeting other criteria, can apply.

  • RBI fixed deposit rules changes: Could this impact FD interest rates for customers? We explain…

    RBI has allowed banks to offer differential interest rates on bulk deposits based on their liquidity risk under the Liquidity Coverage Ratio (LCR) framework. We explain how this impacts customers and if this could affect your fixed deposit rates with banks…

  • Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years

    Only seven diversified equity mutual funds delivered annualised SIP returns of over 20% in the last 10 years, excluding sectoral and thematic schemes. A ₹10,000 monthly SIP in these funds grew to as much as ₹38.8 lakh, with small- and mid-cap funds dominating the rankings.

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