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Do you actively trade in equities? Do you know the tax liabilities required to be met? Filing income tax returns has become more detailed for individuals engaged in intraday and futures & options (F&O) trading in AY 2026-27. The latest ITR forms now require such taxpayers to make additional disclosures. Thus, it is indispensable for…
For instance, ICICI Lombard General Insurance Ltd’s Elevate, lauched in 2024, reported a retention rate of 74%. According to Priya Deshmukh, head of health products, operations, and services at ICICI Lombard, the ages of both the customer and the policy play an important role.
When it comes to mutual funds, more isn’t necessarily better. While diversification is essential, owning too many schemes can result in repeated exposure to the same stocks and unnecessary complexity. So, how many mutual funds are actually enough to build a well-balanced portfolio? Experts say the answer is surprisingly simple. “If you’re just starting out…
The Securities and Exchange Board of India (SEBI) has notified rules to bring back share buybacks through the open market route, meaning listed companies will be able to repurchase shares through stock exchanges instead of the tender offer mechanism. The new framework will come into effect from August 1, 2026. The markets regulator had discontinued…
If you are paying rent of more than ₹50,000 a month, you need to deduct TDS before making the payment to your landlord. The Income Tax Act places TDS obligations on tenants paying high monthly rent. The rules are laid down under Section 194-IB of the Income Tax Act, 1961. Failure to comply can result…
A taxpayer who sold a residential property and claimed exemption from long-term capital gains (LTCG) tax under Section 54 cannot be denied the benefit merely because construction of the new house was delayed beyond the prescribed three-year period due to the Covid-19 pandemic, the Chennai bench of the Income Tax Appellate Tribunal (ITAT) has ruled….
Gold and silver prices: The price of the yellow metal in India’s retail market dropped on Wednesday, 8 July, due to negative global cues, primarily driven by rising tensions between the US and Iran, with both 24-karat and 22-karat gold rates showing a marginal decline across major cities. Silver prices, on the other hand, also…
Quant Mid Cap Fund has staged a notable short-term comeback, outperforming its benchmark index over the last 3 and 6 months, according to the July 2026 factsheet. However, the fund has underperformed the benchmark over the last 1, 3 and 5 years. Here’s what an expert has to say about this turnaround and how investors…
For years, the Magnificent Seven tech giants commanded investors’ attention, dominating the S&P 500 Index and shaping market movements. Those days are over. While the technology-heavy Nasdaq 100 Index is up 16% in 2026 and the S&P 500 has climbed 10%, an index of the Mag 7 has gained just 1.7%. The AI rally has…
Employees of central autonomous bodies (CABs) covered under the National Pension System (NPS) will now have access to two additional investment choices that were earlier available only to central government employees. The Finance Ministry on Tuesday said the Department of Expenditure has extended the applicability of the Department of Financial Services’ notification dated 13 November…