Missed declaring foreign assets? Here’s your relief window—with a catch.
The CBDT is giving small taxpayers, NRIs and employee stock option holders until 31 December to avoid severe Black Money Act penalties, but this immunity comes at a steep cost.
The CBDT is giving small taxpayers, NRIs and employee stock option holders until 31 December to avoid severe Black Money Act penalties, but this immunity comes at a steep cost.
Roshan Chutkey, fund manager at ICICI Prudential AMC overseeing schemes worth ₹48,450 crore, believes India has entered what he calls a “moderate-return environment” — the reasoning behind the newly launched ICICI Prudential Balanced Hybrid Fund, whose NFO is open for subscription July 14, investing 40-60% each in equity and debt. In this interview with ET…
Shares of Life Insurance Corporation of India (LIC) gained 2.5% to Rs 397 on the BSE on Friday after the state-owned insurer reported a 23% year-on-year (YoY) rise in standalone net profit to Rs 13,492 crore for the quarter ended June. The company had posted a profit of Rs 10,986 crore in the corresponding quarter…
Despite SmartBuy changes, DCB Metal remains one of the most rewarding cards in this segment. It earns 5 RPs per ₹150 spent, translating to a base reward rate of about 3.3%, with 1:1 transfers to most airline and hotel partners. Its biggest attraction remains the quarterly milestone of 10,000 bonus RPs on ₹4 lakh spends,…
The Employees’ Provident Fund Organisation (EPFO) expects most fresh PF withdrawal claims filed by members to be settled on the same day or within a maximum of two days, giving major relief to salaried individuals. This announcement was made by Ramesh Krishnamurthy, Central Provident Fund Commissioner (CPFC), EPFO, on Friday, while he was addressing the…
When you invest in a mutual fund, buy an insurance policy, open a bank account, or even get an EPF membership after joining the workforce, picking a nominee is one of the first things you are asked to do. It allows these institutions to know whom to contact if the account holder dies. Naming a…
Angel One Ltd on Wednesday reported a more than two-fold increase in consolidated profit after tax to Rs 231.4 crore for the quarter ended June 30, 2026, driven by strong retail client participation and robust trading volumes. The fintech and stock broking firm’s PAT stood at Rs 114.5 crore in the corresponding quarter of the…