Say you have ₹10 lakh. You don’t put all of it in a five-year bond. Instead, you put ₹2 lakh each into instruments maturing in one, two, three, four and five years. When the one-year rung matures, you reinvest that ₹2 lakh in a new five-year instrument. After the first few years, one part of your money matures every year, and each new rung earns the longer-tenure rate.
The income tax submission deadline is just two days away, with 31 July fast approaching. Eligible taxpayers now have less than 48 hours to successfully file their income tax returns and e-verify them to complete the tax submission process for the assessment year 2026-27. As of today, the final date for submitting returns remains 31…
NSE shares declined 1.6% to their day’s low of Rs 1,790 on the BSE on Friday, a day after the exchange made its much-awaited stock market debut on Thursday, marking India’s second-largest IPO. The stock listed at a 0.8% premium to its issue price and ended the session more than 1% higher. NSE’s post-listing market…
The government has withdrawn 5,978 departmental income-tax appeals and decided not to file another 17,489 after raising the monetary limits for pursuing tax disputes before appellate forums. The move has affected cases before the Income Tax Appellate Tribunal (ITAT), High Courts and the Supreme Court. The figures were disclosed by Finance Minister Nirmala Sitharaman in…
Retired employees and pensioners staged a protest at the Collectorate in Shamli, Uttar Pradesh, on Tuesday, seeking the inclusion of government employees who retired before 1 January 2026 within the scope of the 8th Pay Commission. The retired employees and pensioners’ association raised a 12-point set of demands and submitted a memorandum to Prime Minister…
Systematic investment plans (SIPs) across major equity fund categories have delivered returns over the past two years even as most benchmark indices struggled during the period. ET Bureau ET Bureau Read more: Goldman Sachs identifies 42 Indian stocks riding AI build-outSmall-cap funds delivered the highest average returns, with two-year SIPs generating 14.25%, followed by multi-asset…
Celebrated on the full moon of the Hindu month of Shravana, Raksha Bandhan is a festival that symbolises the bond of protection and celebrates the love between siblings. As part of the tradition, sisters tie a sacred thread, or rakhi, around their brothers’ right wrists and pray for their well-being, prosperity and long life. Brothers,…