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News
Wrong ITR form costs trader???26.69 lakh in tax demand???ITAT gives major relief
1+ hour, 10+ min ago (416+ words) A small trader’s error in choosing the wrong income tax return form led to a tax demand of ₹26.69 lakh after the tax department treated commission receipts already included in his business income as additional income. The Income Tax Appellate Tribunal…...
NPS Swasthya to launch soon? PFRDA Chairman S Ramann gives product details, timeline for release??? All we know
1+ hour, 47+ min ago (365+ words) NPS Swasthya to launch soon? PFRDA Chairman S Ramann gives product details, timeline for release — All we know Livemint Pension Fund Regulatory and Development Authority Chairman Sivasubramanian Ramann told reporters that the PFRDA's new health-focused pension product, NPS Swasthya, is…...
A product-led investor looks for performance: Why this can be a wrong starting point when selecting an asset
1+ hour, 30+ min ago (496+ words) Investors often begin with the investment product: which mutual fund has delivered the best returns or which asset class is performing well. But according to 1 Finance, this may be the wrong starting point. In an X post, 1 Finance highlighted the…...
???5 lakh health claim rejected over waiting period: Why Mumbai consumer forum backed policyholder
3+ hour, 36+ min ago (608+ words) In a significant ruling for health insurance policyholders, a consumer forum has held that insurers cannot mechanically invoke a waiting-period clause to reject a claim unless they can establish that the illness was pre-existing. The Mumbai Suburban District Consumer Disputes…...
Nifty 50 is 8.5% below its peak: Should you sell your ETF or index fund holdings now?
2+ hour, 57+ min ago (422+ words) The Nifty 50 needs another 9.3% gain to recover its January 2026 peak, even after rebounding from its March low, according to the latest study by Abakkus Mutual Fund. For investors holding Nifty 50 exchange-traded funds (ETFs) and index funds, the question is whether…...
EPFO: What is Form 10C? Documents required for pension benefit claim, explained
2+ hour, 41+ min ago (118+ words) Employees Provident Fund: The EPFO provides pension benefits for subscribers with over 10 years of service. Today we explain the use of Form 10C to initiate claims online, withdraw your pension or obtain a scheme certificate. At time of retirement (58 years of…...
5 lessons from Morgan Housel's The Psychology of Money: Why your financial intelligence doesn???t matter
3+ hour, 39+ min ago (445+ words) Your salary has increased, yet saving still feels difficult. A friend earns less but seems more financially secure. Why does this happen? Morgan Housel's The Psychology of Money, released in September 2020, explores how behaviour shapes financial decisions. Knowing calculations helps....
Mid and small-caps look expensive: Should you rebalance your portfolio as earnings could lift equities from October?
4+ hour, 3+ min ago (559+ words) Indian equities could be heading for a re-rating as corporate earnings are expected to improve in the second half (H2) of the financial year and domestic institutional investors continue to support the market, according to Omniscience Capital. H2 refers to the second…...
DA news: Full list of states that have announced dearness allowance hikes, payment of arrears for employees so far
4+ hour, 18+ min ago (302+ words) Updated biannually using data from the All-India Consumer Price Index (AICPI), dearness allowance (DA) is a percentage of employees' basic pay that aims to mitigate the inflation impact and rising cost of living. New announcements usually come in March and…...
8th pay commission: Demand for minimum pension on progressive age-based enhancement up to 100% of LPD, explained
5+ hour, 14+ min ago (423+ words) Constituted every 10 years, the 8th central pay commission (CPC), is currently in its consultation stage. During this process, it is meeting with various employee and pensioner associations, federations, groups, representatives, unions and other stakeholders at scheduled state visits and meetings across…...