Personal Finance

The Indian mutual fund industry has been receiving sizeable SIP inflows. SEBI has now proposed the concept of payroll-linked SIPs, which shall instil the habit of saving first before spending.

Over time, Kotak's Nilesh Shah said that experience taught him that "price is what you pay and value is what you get," a principle he continues to rely on through every market cycle.

It may take more than thirty years to accumulate a sizable corpus if a person does not gradually increase their investment amount.

The Delhi State Consumer Disputes Redressal Commission ruled in favour of the complainant, noting that common lifestyle diseases like diabetes or hypertension alone cannot justify claim rejection without strong evidence showing intentional misrepresentation.

Section 44ADA of the Income Tax Act allows eligible professionals to legally show only half of their total income as taxable income.

The proposed WhatsApp service is expected to give members access to a range of EPFO services while enabling quicker resolution of queries

Maharashtra government will pay Rs 800 crore in DA arrears to employees and pensioners under the 5th, 6th and 7th Pay Commissions.

"I am not asking you to sell at the lows — I am asking you to sell at the highs, and to sell something that has not been able to reach double digits on a 10-year basis," he said.

Understanding the PPF rules is critical when investing in PPF to achieve envisioned financial goals, as they affect your cash flows.

While the new tax regime offers lower tax rates, those selecting it may not be eligible for many traditional tax breaks linked to investments, rent allowances, insurance contributions and home loan benefits.

The staff side of NC-JCM opposed the existing provision that limits family pension to 30% of the notional pay of a deceased employee or pensioner.

Under the proposed system, EPFO subscribers will be able to check the amount available for withdrawal and transfer it directly into their bank accounts.

For salaried taxpayers and non-audit cases, the ITR filing deadline for FY 2025-26 is July 31, 2026. Before that, it is advised to check the records of AIS And Form 26AS to avoid mismatches and delays.

Under the revised tax rules, salaried taxpayers are entitled to a standard Rs 75,000 deduction. With new rebate limits, this makes income up to Rs 12.75 lakh effectively tax free.

With this move, Meta has joined major tech firms including Amazon and Microsoft in implementing AI-focused changes, triggering uncertainty among workers.

The labour ministry has been working on a project where a certain proportion of the EPF will be frozen, and a large chunk will be available for withdrawal through UPI.

Over 10 years, a lump sum amount of Rs 5 lakh, invested in mutual funds and gold, can grow into a sizable corpus.

Under the drawdown option, NPS subscribers will be able to access periodic payments from their lump sum corpus at intervals such as every month, quarter or year, while continuing to receive compulsory annuity payouts.

Relying only on EPF means your savings might not keep pace with lifestyle inflation over time, while banking only on SIPs can lead to sleepless nights during a market downturn.

Backed by the Government of India, PPF offers guaranteed returns along with attractive tax benefits, making it an ideal choice for long-term financial planning.