Read the latest economic news, policy updates and market trends from India and around the world on Daily News 247.
Sukanya Samriddhi Yojana has a clear age cut-off for opening new accounts. Know the SSY eligibility rules, deposit limits, maturity period, interest rate and what happens after a girl turns 10.
On September 1, LPG and ATF prices, along with banking charges, may change. Consumers should check local prices and bank fees to avoid unexpected costs. Important tax deadlines also impact taxpayers, with August 31 being crucial for return filings and…
There is increasing demand for education loans from Tier II and III cities, lending data from Kuhoo Finance platform showed. Smaller cities account for 86.5% of applications on the platform, it added.
Rima invests in PPF, while Seema opts for an equity SIP. Rima’s corpus may reach ₹32.5 lakh after 15 years, tax-free. Seema’s final amount fluctuates based on market returns, potentially achieving up to ₹46 lakh after tax, highlighting differing investment…
Over the past financial year, the number of accounts contributing between ₹500 and ₹1,000 fell by nearly 1.4 million—the first decline in years.
The income tax department said more than seven crore ITRs had been submitted as of 27 August.
AMFI has re-elected Sundeep Sikka as Chairman and Vishal Kapoor as Vice Chairman. Here’s a look at the careers, experience and industry roles of the two executives who will continue to lead India’s mutual fund industry.
The Income Tax Department’s FAST-DS scheme gives eligible taxpayers a limited window to disclose certain foreign assets. Here are the key rules on eligibility, valuation, tax, penalties and the 31 December 2026 filing deadline.
Celebrating a paid-off home loan is essential, but ensure to collect original documents, including sale deeds and No Dues Certificates. Per RBI guidelines, lenders must return these within 30 days; failure results in compensation.
Equity mutual fund returns can vary sharply across categories and schemes. Over a 10-year SIP period, some small-cap and mid-cap funds emerged among the top performers, while certain large-cap, value and flexi-cap schemes featured at the lower end.
