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Over 5.9 crore income-tax returns were filed for AY 2026–27 (FY 2025-26) by the 31 July due date for the ITR-1 (Sahaj) and ITR-2 forms. The deadline passed with no extension, for taxpayers including salaried employees, pensioners, students, and individuals with income from multiple house properties, interest, dividends, capital gains, or other sources. However, the…
Indian investors looking to gain exposure to overseas markets have limited options after all available international mutual fund schemes restricted fresh subscriptions due to overseas investment limits. Baroda BNP Paribas Aqua Fund of Fund (FoF), which was the last open-ended international fund available for fresh investments, had temporarily suspended lump-sum subscriptions and fresh SIP or…
The Employees’ Provident Fund (EPF) is a government-backed investment and retirement savings option in India. Salaried individuals are eligible to open an EPF account when basic pay and dearness allowance are up to ₹15,000. You can further opt for voluntary provident fund (VPF), if the basic pay and DA exceed ₹15,000 per month. For FY26,…
Investors often link equity exposure with higher portfolio risk due to the volatility associated with stock markets. However, historical data suggests that adding equity to a debt portfolio does not always increase volatility. The actual impact depends on the mix of assets and how different asset classes behave together. Adding equity to debt: Volatility does…
The 8th central pay commission (CPC) has closed its window for data submission this week. Prior to this, it also closed submission of suggestions and memorandum on 15 June. However, its consultation process is ongoing as the panel has planned meetings and state visits in Delhi, Chennai, Puducherry and Chandigarh in August and September 2026….
The Delhi Lakshmi Yojana portal was officially launched on 1 August, allowing eligible women to register online for the monthly financial assistance scheme. Under this government scheme, eligible women will receive financial assistance of ₹2,500 per month. In a post on X, Rekha Gupta, Chief Minister, Delhi, wrote the portal received more than 33,730 registrations…
The Reserve Bank of India (RBI) earlier this week said it is allowing lenders to offer different interest rates on bulk deposits, based on their liquidity risk profile, but added that banks cannot discriminate between deposits that are of the same size. The allowance has been made under the central bank’s Liquidity Coverage Ratio (LCR)…
Multi-asset allocation funds dominated investor preference in the first half of 2026. According to AMFI data, the category attracted net inflows of around ₹38,027 crore during January-June 2026, compared with ₹5,586 crore for balanced advantage funds (or dynamic asset allocation). Both categories belong to the hybrid-fund universe and are often considered by investors seeking an…
A decade of disciplined SIP investing has rewarded investors handsomely in a select group of equity mutual funds. Only seven diversified equity schemes have generated annualised SIP returns of over 20% during the past 10 years, turning a ₹10,000 monthly investment into a corpus of ₹34.8 lakh to ₹38.8 lakh. The list, which excludes sectoral…
Dearness Allowance (DA) is a percentage of basic salary aimed at offsetting the impact of inflation for government employees and pensioners. Reviewed twice a year, new announcements are usually made annually in March and October, with rollouts in July the same year and January in the next year. DA is a component of the basic…