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Delay in notifying ITR Forms: Income Tax Department to extend ITR filing deadline? All you need to know

It’s time to file Income Tax Returns (ITR), but this time there is some delay in the notification of the forms and their utilities. What is the reason for this and what should taxpayers do during this delay? To know the answers to these questions, we had a special conversation with Akhil Chandna, Partner and

Top mutual funds to invest in during market recovery now: Check best performing funds in April

The Indian stock market witnessed a sharp decline in the last two quarters of FY2025, but now the market seems to be picking up some pace. In the last one month, frontline indices have shown signs of a revival in investor sentiment, especially after the lows hit post US President Trump’s tariff imposition announcements. This

Best FD interest rates for senior citizens: THESE banks still offering up to 9.10 pc on fixed deposits

In 2025, the Reserve Bank of India (RBI) has so far cut its repo rate by a total of 0.50% (50 basis points) in two policy meetings in February and April. The repo rate is the rate at which the RBI lends money to commercial banks in the country. These two rate cuts have resulted

Tax filing gets easier: New Form 16 format may change how you file ITR, claim refund

Salaried employees who file their income tax returns (ITRs) every year should be aware that the tax department has introduced some changes in the format of Form 16 related to tax deduction and perquisites. The changes effected in the Form 16 format will ensure that the information about different taxes, deductions, and exemptions on salary

New Tax Rules: Now pay 1% additional tax on luxury goods worth more than Rs 10 lakh

Now, you will have to pay 1% TCS (tax collected at source) on the purchase of luxury goods like handbags, wrist watches, footwear, high-end sportswear and art objects costing more than Rs 10 lakh. The Income Tax Department has issued a notification stating that 1% TCS will be imposed on sale of certain luxury goods

Point-to-point returns analysis in mutual funds a ‘broken metric’, says Radhika Gupta and instead suggests THIS method

Whenever you think of investing in mutual funds, the first yardstick that comes to mind to judge a fund is its returns in the short and long term. Many websites directly show you the ‘point-to-point return’ of a fund. That is, how much return was generated from this date to that date. But Radhika Gupta

Govt to hike EPS pension to Rs 7,500 from Rs 1,000? Know what unions demand and Par Panel suggests

Trade unions and various associations of pensioners have long been demanding an increase in the pension amount under the Employees’ Pension Scheme (EPS). The Employees Provident Fund Organisation (EPFO) in 2014 fixed the minimum guaranteed pension at Rs 1,000 for those EPFO members who contribute to the pension scheme for at least 10 years. However

Buffett’s Circle of Competence: Finding yours in India’s startup age

Warren Buffett rightly known as the world’s top investor, has wealth greater than $130 billion. But he didn’t make his riches by knowing it all—his wealth comes from real life experiences and deep knowledge in a few areas. He calls it his “circle of competence,” a core principle behind every investment he makes. Before we
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ITR filing last date AY 2025-26: Only 4 days left for deadline – Latest updates on tax returns filed and processed

The last date for Income Tax Return (ITR filing AY 2025-26) is now just 4 days away. This deadline will end on September 15, 2025. In such a situation, crores of taxpayers would like to see another extension in the return filing deadline. The finance ministry extended the deadline for taxpayers in May this year

JSW Group in focus: JSW Energy adds 317 MW renewable energy capacity; JSW Infra too in expansion mode

JSW Group companies have been in focus. While JSW Energy boosted its renewable push with capacity addition, JSW Infra has made a brownfield rail siding acquisition. Both companies are betting on big expansion.  Here are all the details-  JSW Energy commissions 317 MW RE Capacity JSW Energy, a JSW Group company, announced that it has

BSE, brokerage stocks take another knock

The Securities & Exchange Board of India (Sebi) plans to end weekly expiry hit stocks of brokerage firms, clearing houses and the only listed stock exchange – BSE – on Thursday.  The stock price of BSE and Angel one were down l 4.5% and 4.9%, respectively. Nuvama Wealth’s stock price closed 3.4% lower. Share prices

MF inflows dip 22% in August

After an exceptional July, when inflows into equity funds soared to Rs 42,702 crore – the highest this calendar year – in August, flows were more subdued at Rs 33,430 crore – a drop of 22%, according to data from Association of Mutual Funds in India (Amfi).  Retail investors continued to tap the equity market

UltraTech sharpens southern focus as it nears 200 mtpa target: Analysts

UltraTech Cement is stepping up its play in southern India, with the region emerging as a critical growth engine for the country’s largest cement maker. According to analysts, the company has increased the south’s share of its total grey cement capacity to about 27%, compared with 16% in FY23, while its share of the industry’s