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ET Intelligence Group: Horizon Industrial Parks, a logistics infrastructure developer, plans to raise ₹2,600 crore through a fresh issue to repay debt and general corporate purposes. The promoter group’s stake will fall to 75.4% after the IPO from 88.7%. The company develops and leases large warehouses and industrial facilities. Top four cities contribute about four-fifth…
A non-resident Indian (NRI) and US citizen, who has been living in America since April 2002, received an income tax notice over the source of funds used to purchase a residential flat in Kandivali West, Mumbai. He booked the property in 2011 for a consideration of ₹79.9 lakh from a Mumbai-based builder. The sale agreement…
For Assessment Year (AY) 2026-27, taxpayers who have filed their income tax returns should keep an eye on their registered email and the e-filing portal. If the Income Tax Department finds that a return contains missing, inconsistent, or incorrect information, it may issue a defective return notice under Section 139(9). What is a defective return?…
Dividend yield funds invest in companies that regularly pay dividends to their shareholders. However, this should not be confused with the fund paying a guaranteed dividend to investors. Instead, the fund receives dividends from the companies in its portfolio. As per Securities and Exchange Board of India (SEBI) regulations, these equity funds must invest at…
More than 85 lakh people covered under the Employees’ Pension Scheme (EPS-95) depend on their monthly pension payment for financial security, especially if they have limited or no other source of regular income. As of 31 March 2026, 85,84,604 pensioners were receiving monthly pensions under EPS, according to the government data submitted in Rajya Sabha…
The Central Board of Direct Taxes (CBDT) has notified the Foreign Assets of Small Taxpayers Disclosure Scheme (FAST-DS) Rules, 2026, a one-time voluntary disclosure scheme for eligible taxpayers with certain undisclosed foreign assets or income. CBDT has also issued detailed FAQs to explain the scheme and its rules. Here are the key questions taxpayers may…
If you are looking only at returns, allocating 100% to equity may appear to be the clear winner. But returns tell only one part of the story. The amount of volatility taken to generate those returns also matters. Data from UTI Mutual Fund shows that while the 100% equity portfolio delivered higher returns, it also…
Insurance companies publish hundreds of pages of detailed information every year. While these disclosures are valuable for investors and other stakeholders, they can be difficult for an ordinary customer to navigate when trying to decide which health insurance policy to buy. Before purchasing health cover, there are several straightforward questions you should ask. What does…
Ladli Behna Yojana: First announced by the Madhya Pradesh government in 2023, beneficiaries of the Ladli Behna Yojana are set to receive their 39th installment of the state’s flagship financial assistance scheme for women this month. Eligible women beneficiaries usually receive their installment by the 15th of each month, but this time there have been…
A ₹1 lakh investment in the Nifty 100 TRI made in 2003 would have grown to ₹34.46 lakh by June 2026, translating into a 16.2% CAGR over more than two decades, according to data released by UTI Mutual Fund. The Nifty 100 TRI (Total Return Index) tracks the performance of the 100 largest and most…