livemint.com - 16 May 2026 23:08

Taxpayers with foreign investments must disclose them in Schedule FA when filing income tax returns. Resident and Ordinarily Resident taxpayers are required to report foreign assets, regardless of income generated, to av...
livemint.com - 16 May 2026 22:19

The tax exemption for transport allowance has been revised, offering higher limits for disabled employees starting FY 2026-27. This change aims to alleviate the burden of commuting costs, ensuring better support for spec...
livemint.com - 16 May 2026 19:11

Regular and special FDs offer different tenures and rates, with special FDs providing higher returns. Here's a breakdown of each FD's features and which one you may choose, based on your financial goals.
livemint.com - 16 May 2026 15:51

Missing credit card payments can lead to defaults, and may eventually result in a one-time settlement option from banks. However, this can negatively impact credit profiles and future borrowing. Details here.
livemint.com - 16 May 2026 15:44

A 22-year-old earning ₹1 lakh monthly may need a balanced investment strategy for studying abroad within five years, focusing on growth and stability. Here's what experts suggest.
livemint.com - 16 May 2026 14:12

Section 80EEB of the Income-Tax Act allows a deduction for interest on loans for electric vehicle purchases, up to ₹1.5 lakh, under the old tax regime. Here are the eligibility criteria and key highlights
livemint.com - 16 May 2026 13:59

Ankur Warikoo's old clip has gone viral in which he explained how Bengaluru techies can save more by ditching Mumbai's same salary. Comparing financial realities of the two top tier cities, he described a master ...
livemint.com - 16 May 2026 13:06

Buying a home with family requires smart home loan planning, clear ownership roles, sustainable EMI management, legal agreements, and careful budgeting to avoid financial stress and long-term repayment challenges.
livemint.com - 16 May 2026 12:22

The PFRDA has launched Retirement Income Schemes and drawdown facilities under the NPS, allowing subscribers to withdraw retirement funds in phases. This aims to provide flexible payout options while ensuring corpus appr...
livemint.com - 16 May 2026 10:34

A viral video by entrepreneur and GoodWorks Group founder Vishwas Mudagal is getting widespread attention online for its take on wealth and quality of life in Indias tier-2 cities.
livemint.com - 16 May 2026 09:18

Petrol and diesel prices increased by ₹3 per litre, the first rise in over four years, due to global crude price surges linked to the Iran war. CNG prices also rose by ₹2 per kg in major cities like Delhi and Mumbai....
livemint.com - 16 May 2026 08:26

Gold price today: Gold rates dropped on the MCX on Saturday morning amid a stronger US dollar, driven by elevated crude oil prices. International gold prices declined to an over one-week low, looking set for a weekly dec...
livemint.com - 16 May 2026 08:18

A settled loan status on a credit report can negatively impact credit scores, reduce creditworthiness and hurt future loan approvals, while a closed loan status reflects responsible repayment behaviour and stronger finan...
livemint.com - 16 May 2026 07:27

A 10-day trip to Spiti Valley is more budget-friendly than Ladakh, costing around ₹25,000-30,000 per person, compared to Ladakh's ₹40,000-50,000. Spiti offers cheaper travel, accommodation, and food, making it a ...
livemint.com - 16 May 2026 06:51

Account holders and registered bank customers are eager to know whether 16 May is a bank holiday. Check if SBI, HDFC, PNB and other banks are open or closed on Saturday with RBI's holiday calendar.
livemint.com - 16 May 2026 06:17

From 1 April, the gains from a share buyback are taxed by applying capital gains tax provisions, making buybacks taxpayer-friendly. Earlier, the entire proceeds were taxed as dividends at slab rates.
livemint.com - 16 May 2026 06:05

A total of ₹1.5 lakh annual contribution towards the public provident fund (PPF) is exempt under Section 80C of the Income-Tax Act for taxpayers filing as per the old tax regime.