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Profits from intraday trading and futures & options (F&O) trading are taxed differently from regular equity transactions in India. Under the income tax law, intraday trading is deemed speculative business income, while F&O gains are classified as non-speculative business income. This classification has important implications for taxpayers as it impacts the applicable ITR form, filing…
The Press Information Bureau’s (PIB) Fact Check unit on Sunday reiterated that a viral WhatsApp message claiming the Government of India is accepting applications for free laptops under the so-called ‘National Student Laptop Scheme 2026’ is completely false. The agency cautioned that fraudsters commonly use such messages to collect sensitive information, including personal and financial…
“With exciting advertisements promising fake career prospects, they seek to exploit vulnerable parents and students. Parents, in their mission to provide the best, sacrifice their savings, time, energy, and even mortgage assets to fund these dreams, making educational exploitation a very real threat.”
Many NRIs earn in dollars but struggle to build wealth as family obligations, emotional guilt and social expectations drain savings and delay financial independence.
The Ministry of Electronics and Information Technology (MeitY), in a press release dated 18 July, highlighted the growing adoption of the Aadhaar App, which has crossed four crore downloads. The ministry also said that Aadhaar holders have used the “Biometric Lock/Unlock” feature more than 1.91 crore times, indicating increased awareness around securing personal identity information….
The process of claiming a deceased loved one’s mutual fund investments can be quite cumbersome for families, with even minor inconsistencies in investor records leading to additional paperwork and delays. To make it easier for nominees and legal heirs, the Securities and Exchange Board of India (SEBI) has asked the Association of Mutual Funds in…
Confused about the Employees’ Pension Scheme and its rules? This guide breaks down complex aspects, including contribution methods, eligibility, and pension calculations. With increasing cases of claim rejections, being informed is key.
Balanced advantage funds, also known as dynamic asset allocation funds, are designed to dynamically adjust their allocation between equity and debt based on market conditions. Under the SEBI categorisation rules, these hybrid funds can invest between 0% and 100% in equity and equity-related instruments, and 0% to 100% in debt instruments. However, the flexibility afforded…
The Ministry of Electronics and Information Technology (MeitY) announced on Saturday that the Aadhaar App has crossed 40 million (4 crore) downloads, reflecting the growing adoption of the new platform that allows residents to access and manage Aadhaar-related services directly from their smartphones. According to the government, nearly 49 lakh mobile numbers, 11.65 lakh addresses…
Walk into two jewellery stores on the same day, and you may find different prices for the same gold ornament. That often leaves buyers wondering whether they are getting a fair deal or paying more than they should. In a recent post on X, Sanjay Kathuria shared a clip from the Sanjay Kathuria Podcast, where…