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Banks see car loan cancellations as buyers wait for GST rate cut

The timing coincides with the end of the Shradha period on September 21, which traditionally sees muted purchases.

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I-T Department refutes reports on ITR filing date extension, Sep 15 remains deadline

The Income Tax Department on Sunday refuted reports which claimed that the date of filing tax return has been extended to September 30.

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Sebi board meeting: 10 key takeaways from IPO reforms to mutual fund regulation tweaks

The Securities and Exchange Board of India approved reforms. These reforms relax norms for public offers and shareholding. Foreign investors will have easier market access. Real Estate Investment Trusts now have equity status. Exit load for mutual funds is reduced.…

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After cut in GST, CBIC orders price tracking of 54 items

The Central Board of Indirect Customs and Taxes will monitor price changes. This follows the Goods and Services Tax rate rationalisation. The new rates become effective September 22, 2025. Field formations must track prices for six months. They will submit…

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India, EU looking forward to win-win FTA, says Piyush Goyal

India and the European Union are actively pursuing a comprehensive free trade agreement, aiming to finalize negotiations by the end of December. Both sides are engaged in intensive discussions to create a balanced and mutually beneficial partnership that encourages innovation…

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US Treasury calls on G7, EU to impose tariffs on China, India over Russian oil purchases

The U.S. Treasury is urging G7 and EU allies to impose tariffs on goods from China and India to curb their Russian oil purchases, aiming to cut off funding for Russia’s war in Ukraine. An emergency G7 finance meeting is…

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  • 1 Finance gets in-principle SEBI approval for MF Lite: Will investors get more choice in index funds and ETFs?

    1 Finance has received in-principle SEBI approval for an MF Lite licence and plans to launch passive mutual funds in Q4 FY27. SEBI’s framework eases regulatory requirements for eligible passive fund houses, potentially encouraging competition and expanding investor choice in index funds and ETFs.

  • Home loan borrowers: Pay higher EMI every month or extend your loan tenure? How to choose after a rate hike

    A rise in home loan rates forces borrowers to choose between higher EMIs and longer repayment tenures. A ₹50 lakh loan example shows how a 25-basis-point increase affects monthly payments and total interest, and what borrowers should consider before deciding.

  • Gold and silver investments: Should you buy physical gold, ETFs or mutual funds? Liquidity, costs and risks compared

    Investors can choose from physical gold and silver, digital gold, ETFs, mutual funds, Sovereign Gold Bonds and Electronic Gold Receipts. Each option differs in costs, liquidity, regulation, taxation and storage needs, making it important to compare the risks before investing.

  • Bitcoin investor faces ₹88.55 lakh tax addition despite ₹3.34 lakh loss; how an ITAT ruling helped the investor

    A Bitcoin investor who reported a ₹3.34 lakh loss faced an ₹88.55 lakh tax addition over the source of funds. ITAT quashed the reassessment after the tax officer ignored his reply and failed to provide the minimum response time required by law.

  • Google Review scam: Over 20 people reportedly lose ₹1 crore in a month; 5 warning signs to watch out for

    More than 20 people in Visakhapatnam reportedly lost ₹1 crore in a month to a Google Review job scam. Fraudsters used small initial payouts to build trust before demanding larger deposits, leaving victims unable to withdraw their money.

  • 8th Pay Commission fitment factor: Higher basic pay or more allowances—what is better for govt employees?

    Fitment factor demands range from 3.2 to 4 or higher as central government employees await a revised salary structure.

  • PFRDA launches NPS Central: How simplified pension portal works, who can use, how to log in | Top features explained

    PFRDA has launched NPS Central, a digital platform where subscribers can enrol, manage accounts, review investments and make contributions. Details here.

  • Home loan prepayment vs SIP: Which is a better option and saves you more money? Here's the maths

    With home loan EMIs spread over a 20-25-year tenure, even small payments in the initial years can significantly reduce overall interest outgoings over time.

  • NRI tax return: can you correct a wrongly claimed capital gains exemption in your ITR?

    An NRI living in the UAE mistakenly claimed treaty relief on gains from Indian shares and mutual funds. While the revised-return deadline has passed, an updated return may offer a way to correct the error.

  • PM-VBRY: Financial literacy course must for new EPFO members to get ₹15,000 incentive—eligibility, how to claim it

    First-time workers must complete six and 12 months of continuous service to receive two instalments under the government scheme.

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