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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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  • Gold and silver price today, Sept 16: Check retail rates of 24K, 22K gold and 999 silver in Delhi, Mumbai, other cities

    Gold prices in India rose nearly 0.65% today amid US-Iran conflict uncertainties. Check retail rates of both gold and silver in top metro cities of India today. 

  • UPI MDR from October 15: Will your mutual fund SIP, insurance premium or OTT AutoPay get costlier?

    UPI will introduce MDR on select merchant payments above ₹2,000 from 15 October, but the new charge does not apply uniformly to all UPI transactions. Mutual fund SIPs through UPI AutoPay remain outside the prescribed MDR, while one-time capital-market payments get a lower 0.02% rate.

  • UPI MDR from 15 October: How merchant charges compare with credit, debit card fees and credit-linked UPI

    From 15 October, NPCI's new MDR policy will apply to certain UPI transactions. Here's how the merchant charges compare with credit card and debit card fees, and credit-linked UPI. 

  • Got a stipend while studying? ₹18.34 lakh ITAT case explains when students can claim income-tax exemption

    A postgraduate medical student received ₹18.34 lakh as a stipend from Aligarh Muslim University, but the Income Tax Department treated it as taxable salary. The Delhi ITAT held that the stipend was linked to her education and compulsory residency training and allowed the Section 10(16) exemption.

  • More households are moving up income ladder: How India's wealth pyramid could change by FY31

    India’s income pyramid is shifting rapidly, with millions of households moving into higher-income brackets. As earnings rise, spending patterns, savings and investment behaviour are also changing. 

  • 5 simple money lessons from The Intelligent Investor by Benjamin Graham: Market moods, picking stocks and more

    Benjamin Graham’s The Intelligent Investor advises on understanding investments through careful examination. Check out these 5 simple money lessons from the celebrated book.

  • Government clarifies credit card-linked UPI payments exempt from 0.4% fee

    The clarification comes ahead of the revised UPI fee structure, which is scheduled to take effect from October 15. Under the new framework, a 0.4% MDR will be applicable to certain direct account-to-merchant-account UPI payments above ₹2,000, with the fee capped at ₹300 per transaction

  • Same mutual fund category, different capital gains tax? How a scheme's portfolio can change your tax bill

    Mutual fund investors cannot always rely on a scheme’s category to determine capital gains tax. The actual portfolio allocation and tax classification can change the holding-period threshold and tax rate. Here’s what investors should check before redeeming.

  • NPS Vatsalya: Rules for withdrawal and exit from scheme, explained

    National pension scheme: The NPS Vatsalya Scheme allows children below 18 years to partially withdraw funds from their accounts under certain circumstances. We take a look at the process and how it works…

  • Large & mid-cap mutual funds vs separate portfolio split: How do their returns compare over 1, 3 and 5 years?

    Large & mid-cap funds offer investors a single-fund route to large and mid-cap stocks. But how do their returns compare with pure large-cap and mid-cap funds, and what does their portfolio allocation reveal about the differences?

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