livemint.com - 30 Jul 2026 23:03

Taxpayers must accurately report capital gains from shares, mutual funds, and ETFs while filing the ITR for AY 2026-27. It is important to choose the correct ITR form, classify gains, reconcile investment records, and re...
livemint.com - 30 Jul 2026 22:11

Over 5-6 crore Indians now invest in mutual funds, thanks to digital platforms. While ease of access has increased, first-time investors face complexities in asset allocation. Future investing will require curated advice...
livemint.com - 30 Jul 2026 21:31

Mid-cap funds aim to outperform their benchmark through active management, but not all succeed. There are currently eight mid-cap funds with a negative alpha, with Taurus Mid Cap Fund having the lowest alpha of -7.20.
livemint.com - 30 Jul 2026 20:31

A financial master sheet is a single document that records the family's financial and administrative details, showing what assets exist, where they are held, and where supporting documents are stored.
livemint.com - 30 Jul 2026 20:14

Large-cap funds have seen their alpha generation decline over the years compared with the Nifty 50 TRI. While funds outperformed strongly during 2000-2009, the advantage narrowed in the following decade and turned negati...
livemint.com - 30 Jul 2026 18:55

Many taxpayers mistakenly assume that TDS-deducted income or tax-exempt LTCG need not be disclosed in their ITR. Such omissions can create mismatches with AIS and Form 26AS, leading to tax notices or adjustments even whe...
livemint.com - 30 Jul 2026 18:31

The Maharashtra government has approved incentive allowance equivalent to 30% of basic pay for police officers and personnel in the Anti-Narcotics Task Force (ANTF) under the 7th central pay commission.
livemint.com - 30 Jul 2026 17:35

The government says the income tax e-filing portal can process up to 1 crore ITRs a day, but experts say taxpayers should not mistake higher capacity for a risk-free last-day filing experience. Here's why they don...
livemint.com - 30 Jul 2026 17:30

Active large-cap funds may not provide as much diversification as many investors expect. A study shows their sector allocations and stock portfolios closely mirror the Nifty 50, with the overlap becoming even higher amon...
livemint.com - 30 Jul 2026 16:22

DA hike: West Bengal state government employees will receive their 20% dearness allowance increase and salaries for October before Durga Puja festivities, according to Chief Minister Suvendu Adhikari.
livemint.com - 30 Jul 2026 16:05

EPF subscribers are facing issues with overlapping employment records and missing data on the EPFO portal after its recent system migration. Lawyers explain whether employers can reject your job application solely due to...
livemint.com - 30 Jul 2026 16:01

After filing ITR, taxpayers may receive notices due to mismatches in income, incorrect ITR forms, pending tax demands or any scrutiny by the Income Tax Department. Understanding why these notices are issued and how to av...
livemint.com - 30 Jul 2026 15:17

Section 10(14)(i) of the Income Tax Act offers exemptions on specific salary allowances, but only for genuine official expenses. Understand eligibility rules, documentation requirements, common mistakes and practical tip...
livemint.com - 30 Jul 2026 13:52

A Section 139(9) defective return notice and other income tax notices require timely action to avoid compliance issues. Experts explain how taxpayers should respond to Sections 139(9), 143(1), 142(1) and 148 notices, hel...
livemint.com - 30 Jul 2026 13:43

With the ITR deadline approaching, Section 10(14)(i) offers tax-saving potential for salaried employees. However, misuse can lead to scrutiny and hefty penalties. Experts explain eligibility, rules and consequences of fa...
livemint.com - 30 Jul 2026 12:01

Passive funds aim to mirror benchmark returns, but market frictions create gaps. Here's how tracking error differs from tracking difference, why it occurs, and what investors should watch.
livemint.com - 30 Jul 2026 11:49

Non-Resident External (NRE) fixed deposit rates from DCB Bank, YES Bank, RBL and other banks offer NRIs returns of up to 7.50%. Compare interest rates, tax benefits, repatriation rules and key factors before investing in...
livemint.com - 30 Jul 2026 11:47

The CBDT has introduced the ITR-BN form for block assessments from search and seizure cases. Effective from April 1, 2026, it applies only to taxpayers receiving such notices, aiming to streamline reporting of undisclose...
livemint.com - 30 Jul 2026 11:33

A cheap personal accident policy may seem like a smarter buy than term insurance in your 20s. But the two protect against different risks-and one cannot replace the other.
livemint.com - 30 Jul 2026 11:02

Bond SIPs make investing in direct bonds easier through automated monthly purchases. But they don't eliminate credit risk. Here's what investors should know.
livemint.com - 30 Jul 2026 10:47

Arbitrage funds have emerged as the best-performing hybrid mutual fund category in 2026 so far, outperforming their peers amid volatile equity markets. Here's why the category is leading and the schemes that have del...
livemint.com - 30 Jul 2026 10:13

ITR Due Date Extension 2026 LIVE: The due date to file ITR is tomorrow. The government extended the deadline last year due to technical glitches, but a similar relief is unlikely this time, experts have repeatedly warned...