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HDFC Bank's revised MCLR now ranges from 8.05% to 8.70%, affecting borrowers linked to the one-year or three-year rates. While the overnight rate decreased slightly, other tenures remain unchanged. Details here.

8th pay commission: The All India NPS Employees Federation (AINPSEF) has demanded HRA revision, minimum monthly transport allowance, DA hike, and salary increase for central government employees and pensioners.

Business cycle funds aim to capture opportunities across different phases of the business cycle: growth, recession, slump, and recovery. ICICI Prudential Business Cycle Fund is the biggest fund with an AUM of 15,798 crore and has delivered an 18.77% return over the last three years.

DA hike: Kerala is considering a 2% increase in Dearness Allowance for state government employees to be disbursed in their August salaries, ahead of Onam festivities. An official order is awaited.

The income tax department has launched Form 68 under the Income-tax Act, 2025, for specified investment funds to file exempt income statements and claim tax benefits for eligible non-resident investors. Details here.

Active share measures how different a fund's portfolio is from its benchmark index, expressed as a percentage between 0% and 100%.

Stretching a 35,000 monthly pension requires careful planning, especially in smaller cities like Lucknow and other similar urban areas. A structured budget, pre-built emergency savings, healthcare planning, and low-risk investments can help retirees manage expenses.

Digital arrest scams have cost Indians more than 4,000 crore since 2022 as fraudsters impersonate government officials to steal money. Check how these scams work, key complaint figures, warning signs, and practical safety tips to protect your savings from the growing threat of cyber fraud.

As speculative hype fizzles out and global central banks slow their purchases, the sharp drop in gold and silver highlights the danger of trading commodities for short-term gains.

Money market funds invest in money market instruments with a maturity of up to 1 year. Based on one-year performance, Union Money Market Fund has emerged as the best-performing scheme in the category with a 6.63% return, followed by LIC MF Money Market Fund and Bank of India Money Market Fund.

Tax compliance goes beyond filing your income tax return on time. Several provisions under the Income Tax Act, 1961, set limits on cash transactions and high-value financial dealings. Staying within these limits can help taxpayers avoid penalties, scrutiny and unnecessary legal complications.

PAN-Aadhaar linking is essential for eligible taxpayers to keep their PAN active and avoid disruptions in tax-related services. Taxpayers with unlinked PANs can complete the process by paying the applicable fee through the e-filing portal. 

With crude prices cooling after the West Asia truce, the monsoonand its impact on food inflationmay become the biggest factor shaping RBI's interest rate decisions in the months ahead.

Fill a health insurance proposal form correctly with this step-by-step guide. Understand required details, medical disclosures, nominee information and important checks to avoid claim problems while ensuring smoother policy approval and better financial protection for you and your family.

The IndiaUK FTA is set to come into effect on 15 July. One of the biggest takeaways for Indian consumers is the gradual reduction in prices of imported Scotch whisky and gin. Under the agreement, tariffs on imported whisky and gin will be cut from 150% to 75% initially and further reduced to 40%. 

For AY 2026-27, the earlier Other Exempt Income field in Schedule EI has been removed. In its place, the department has now introduced a new reporting option titled Receipts not in the nature of income.

Gold and silver prices today, 7 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

Under the EPF Scheme, 2026, withdrawals have been simplified into three categories: essential needs, housing needs and special circumstances.

Under the EPF Scheme 2026, members must submit a fresh nomination after marriage, as earlier nominations become invalid. While nominating a spouse is optional, updating nominations ensures eligible family members receive EPF benefits without delays or legal complications.

The 8th Pay Commission is reviewing salaries, pensions and allowances for central government employees and pensioners, with the fitment factor remaining the key focus. Experts expect it to range between 1.90 and 2.86.

A management consultant has shared his investment strategy on Instagram aimed at young investors. Here's a look at how he divides his savings into long-term, medium-term, and emergency fund to achieve financial growth.

Income-tax returns: Today we explain what ITR assisted filing is, who is allowed to assist, who is considered authorised representative, the requirements and eligibility criteria and other important factors.

A 14.65 lakh CTC does not necessarily mean you have to pay income tax under the new tax regime. With the right salary structure, employer contributions to EPF and NPS, and the standard deduction, your taxable income can be brought down to 11.99 lakh, making you eligible for zero tax liability.

Experts suggest that cash holdings should be viewed as a portfolio management tool rather than a buy-or-sell signal. A fund's investment philosophy, portfolio quality, and long-term performance remain far more important than a single percentage shown in the monthly factsheet.

Payroll rules are changing in India as EPF vs labour codes reshape salary structures and PF calculations. While basic pay norms rise, EPF contributions remain capped at 1,800, impacting take-home pay and retirement planning choices.

While stacking policies was once the ultimate cost-saving hack for medical emergencies, a shifting market has quietly changed the math for policyholders.

The 8th pay commission has multiple state visits and other meetings scheduled in July 2026, with plans for more consultations with employee groups, unions and stakeholders across states and union territories in due course.

Irdai-mandated product-wise NL-47 disclosures reveal claim settlement, complaint rates, renewals and more, helping buyers compare health insurance plans beyond brochures and marketing claims.

Employee groups are demanding merger of Dearness Allowance with basic pay to increase monthly salary. Here's what the Finance Ministry has clarified about higher basic pay, changes to salary structure and DA

Gold and silver have fallen sharply from their record highs in 2026, with gold down about 30% and silver by 54%. However, historical cycles show the current declines are not the deepest, and the time correction is still pending. 

The EPF Scheme, 2026 introduces clearer guidelines on provident fund contributions, capping mandatory payments at 1,800 monthly. While employees benefit from increased take-home pay and flexibility, they may risk a smaller retirement fund if they don't opt for additional voluntary contributions.

A balanced hybrid strategy aims to keep the equity-debt allocation closer to a 50:50 mix, providing more stability and limiting downside risk.

PIB Fact Check suggests that users should verify the URL, ensure the site uses HTTPS, look for the padlock icon, avoid websites with excessive pop-ups or clickbait, check the contact and about pages, and avoid offers that appear too good to be true.

Senior citizen FD rates in July 2026 offer returns of up to 8.50%, with small finance banks leading the market. Compare fixed deposit interest rates, tenures and bank-wise offers across 13 lenders to find suitable options for predictable returns.

A tax credit mismatch occurs when the tax credit claimed in your ITR does not match the records available with the Income Tax Department. It can delay refunds, lead to tax notices, or result in additional tax demands.

Atal Beemit Vyakti Kalyan Yojana (ABVKY) under ESIC has been extended until 30 June 2027, allowing eligible ESI-insured employees to continue receiving temporary unemployment allowance during job loss and financial hardship.

Smart investing apps promise convenience, but they demand scrutiny. From transparency in fees to clarity in advice, investors must research carefully, verify SEBI registrations and treat apps as tools, not decisionmakers, to avoid costly mistakes. 

A 30 lakh annual salary doesn't mean your entire income is taxed at 30%. After the 75,000 standard deduction under the new regime, slab-wise taxation, and a 4% health and education cess, the total tax liability comes to 475,800, resulting in an effective tax rate of just 15.86%.

Gold and silver prices today, 6 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

Small-cap funds offer potential for long-term growth but involve significant risks, including volatility and liquidity challenges. Investors should adopt a gradual entry strategy, focus on fund consistency and manager experience, and be aware of unique risks before allocating to these funds.

An EPF account can continue earning interest for up to 3 years after retirement at age 58. Knowing the right time to withdraw your EPF savings helps maximise returns before the account becomes inoperative.

8th Pay Commission begins stakeholder consultations in Odisha. The Commission will gather feedback on salaries, allowances and pensions before tabling its recommendations to the Centre by mid-2027.

Discouraging investors from blindly chasing returns, Buffett reiterated his view that the stock markets are like a church (long term investments) with a casino (quick, short-term bets) attached and many investors are taking too much risk.

A study by DBS Bank India explored how female earners in the country engage with digital payments, banking, credit and investment platforms and found that over half of the rural women earners now use UPI.

EPF withdrawals are tax-free after five years of service. Before that, TDS applies for amounts over 50,000. Partial withdrawals are allowed with conditions, and claims can be made online or offline.

Bank holidays next week: UPI and bank apps allow 24/7 transactions. Banks will be closed on Sundays and second Saturdays, with online services available during holidays. Customers must verify local branch holiday schedules.

Delhi's new electronic vehicles policy provides 1 lakh scrapping incentive for four-wheeler owners who switch to EVs from petrol and diesel vehicles. We explain how the incentives work and steps to apply

Based on 10-year returns, Nippon India Small Cap Fund emerged as the best-performing diversified equity scheme, delivering a CAGR of 21.81% over the past decade. The rankings also highlight that Quant Mutual Fund had three schemes among the top five performers.

Among ETFs tracking the Nifty PSU Bank Index, Nippon India ETF Nifty PSU Bank BeES is the biggest fund with assets under management (AUM) of 4,078 crore. It is followed by Kotak Nifty PSU Bank ETF, while DSP Nifty PSU Bank ETF is the third biggest fund in the category.

Own Damage cover protects vehicles from storms and floods, but payouts shrink sharply without add-ons like zero depreciation. A Mumbai case shows how skipping the fine print can cost thousands in unexpected out-of-pocket repairs.