Market News

The Public Provident Fund (PPF) is a government-backed savings scheme in India, offering 7.1% interest with tax benefits. Individuals can only maintain one account to prevent misuse of tax benefits.

Modern tax compliance has transformed into an entirely data-driven process. Contemporary income tax returns are never evaluated independently

Taxpayers who earn capital gains are required to report them when filing their income tax returns using the appropriate ITR form.

Life insurance provides financial protection for policyholders' families upon their death. Premiums can be paid regularly or as a lump sum. Here's when your policy lapses and ways to revive it among other details...

8th Pay Commission Update: The commission's Lucknow visit is scheduled for 22-23 June and appointment requests have to be submitted before 10 June. Check out the latest developments and how the fitment factor has ris...

Many retirees may believe that ITR filing is optional. Pension income is taxable, requiring ITR submission based on total income. ax rules, forms and deductions explained here.

Requesting an additional credit card requires strategic planning to enhance approval chances and protect financial health. Frequent applications can negatively impact credit scores, so stagger requests to minimise advers...

Financial planning for children includes SIP investments, term insurance, health cover, Sukanya Samriddhi Yojana, emergency savings and legal protection to secure a prosperous future for every family across the country.

EPFO will soon enable members to withdraw Provident Fund money via UPI, according to Union Labour Minister Mansukh Mandaviya. Heres how instant EPF withdrawals will work.

Credit card EMI conversion lets you pay off large transactions in smaller, fixed monthly instalments with interest. Here's how it is different from paying the minimum due and which option is better for your credit sc...

Asset allocation is crucial for long-term wealth creation. A balanced portfolio of equities, debt, and gold offers stability and higher returns, as shown in FundsIndia's report. Diversification reduces volatility and...

A seven-day Sweden trip sounds romantic on paper, but when flights, visas, hostels and daily costs are added up, is Sweden actually realistic for a middle-class Indian traveller on a ₹1.5 lakh budget? We asked ChatGPT ...

PPF investment with disciplined annual contributions and long-term compounding can help investors build a ₹1 crore corpus and generate more than ₹50,000 stable monthly income through guaranteed interest returns, all ...

FundsIndia's report highlights that long-term equity investment, defined as 7 years or more, is essential for wealth creation. Historically, equities have shown strong recovery after market downturns, with significan...

Investors are facing challenges in volatile markets, with traditional options like fixed deposits yielding 6-7.5%. Experts recommend a disciplined investment approach, splitting funds between Arbitrage Funds and Nifty 50...

Credit cards for retirees offer secure cashless payments, rewards, emergency liquidity and credit score benefits, but disciplined usage is essential to avoid debt, fraud risks and financial strain. Proper professional gu...

An ideal annual travel budget for someone earning ₹15 lakh, with monthly EMIs of ₹20,000 and fixed expenses of ₹30,000, ranges from ₹1.2 lakh to ₹2.5 lakh, allowing for meaningful travel without compromising fi...

A stable income allows flexibility in emergency fund duration. A 9-12 month runway is advisable in tech for financial security. For a ₹30 lakh earner with ₹90,000 monthly expenses, a six-month fund of ₹5.5-6 lakh i...

Gold prices fell on MCX on Friday morning as a stronger US dollar weighed on the yellow metal. Gold has remained under pressure over the past two months following the US-Iran conflict, with soaring crude oil prices boost...

Discussions on the 8th Pay Commission focus on the fitment factor, crucial for salary and pension hikes for central government employees. 

After a sharp rise in bond yields driven by oil prices, fiscal worries and possibility of US Fed hike, Invesco MFs Vikas Garg says long-duration debt funds may still offer a tactical opportunity.