Market News

The Union Ministry of Finance has made moves to enable merchant discount rates on UPI and proposed scrapping the zero MDR provision. We take a look at what this decision could mean for UPI customers.

REITs and REIT mutual funds offer investors exposure to the real estate sector but differ in structure, taxation, and returns. While REITs focus on rental income from properties, REIT funds combine REIT exposure with rea...

If a similar mutual fund with a proven track record already exists in the market, experts say investors should prefer an established scheme unless the NFO offers a genuinely differentiated strategy that complements their...

Finance Ministry has approved an increase in EPF wage ceiling to ₹25,000 monthly from current ₹15,000, as per a Moneycontrol report. If approved this would expand coverage to more salaried workers.

F&O trading is treated as non-speculative business income and must be reported under business income in ITR. For AY 2026-27, taxpayers need to disclose F&O turnover and income in dedicated fields in ITR forms. Th...

Upon returning to India, the person must compute capital gains from US shares in INR, using the exchange rate from the sale date. No concessions for rupee depreciation apply. Long-term gains are taxed at 12.5%, and discl...

DA, ₹7,500 minimum monthly pension, medical facilities - Here's what the EPS95 National Agitation Committee is seeking from the government. It has warned of a protest on 5 August if demands are not met. 

SEBI's new GARUDA framework has brought Alternative Investment Funds (AIFs) into the spotlight. While the industry has grown rapidly over the past decade, AIFs remain less familiar than mutual funds. Here's how e...

Monsoon damage isn't limited to leaks and flooding. Experts explain what home insurance covers, key exclusions, and why both homeowners and tenants should review their policies.

Although payments for Annapurna Bhandar are generally credited in a phased manner during the first week of the month, many bank accounts have yet to receive the funds

Delhi has approved 100% salary hike for DDMA personnel, including project officers, district project officers, and project coordinators. The first such in 16 years, since the positions were created in 2009. 

A Delhi couple won ₹15.5 lakh in compensation after Axis Bank lost their original property papers and failed to return them after the closure of their ₹1.41 crore home loan. The Delhi State Consumer Disputes Redressa...

India's largest private sector lenders HDFC Bank and ICICI Bank have both hiked their FCNR (Bank) interest rates this month. Check here for how much fixed deposit interest NRI depositors now get

India scrapped insurance commission caps in 2023, but calls to revive them are growing. Evidence suggests transparency, staggered payouts and disclosure-not caps-are more effective at curbing mis-selling.

PM VBRY beneficiaries can enable Direct Benefit Transfer by linking their Aadhaar with a bank account through NPCI. This guide explains the eight key steps, offline Aadhaar seeding, and how completing the process helps e...

Small-cap funds dominated one-year SIP returns, with six schemes crossing the 20% mark and four featuring among the top five performers. Bank of India Small Cap Fund topped the list with a 40.05% annualised SIP return.

Income tax refunds for AY 2026-27 may be adjusted against pending tax demands. Taxpayers should verify notices, respond through the e-filing portal, clear valid dues, and dispute incorrect demands to avoid refund delays ...

The US Federal Reserve's interest-rate decisions influence currencies, markets and borrowing costs worldwide. Here's how a Fed pause can affect India's economy, investments and your finances.

A Kerala consumer court ordered Federal Bank to pay ₹1.25 lakh after blocking a customer's international debit card without prior notice. The ruling reinforces that banks must communicate card blocks promptly, espe...

Gold and silver prices today, 3 August: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

8th Pay Commission: Employee unions are seeking annual increments of up to 7%. Illustrative projections show how 3%, 5% and 6% annual increments could significantly increase central government employees' basic pay ov...

A redevelopment firm won tax relief after the ITAT ruled its ₹8 crore tenant compensation provision was not contingent. The order explains when unpaid business liabilities can still be claimed as deductible expenses.