By CNBCTV18July 22, 2026, 5:28:04 PM IST (Updated) Think filing an ITR is just about declaring your income? Dr. Suresh Surana, Founder, RSM India, explains this year’s new disclosure rules, updated forms and the easy-to-miss checks that could lead to …Read More Source link
Monsoon brings relief from the summer heat, but it also creates conditions that increase the risk of infections such as dengue, malaria, typhoid, chikungunya and other water-borne diseases. While many of these illnesses are treatable, hospitalisation, repeated diagnostic tests and prolonged recovery can add to medical expenses. For policyholders, the key question is not just…
Individual investors’ share in the overall mutual fund industry’s assets under management (AUM) increased to 61% in June 2026, from 60% in May, indicating continued retail participation in mutual funds, according to data released by Franklin Templeton India Mutual Fund. Institutional investors accounted for the remaining 39% of the industry’s AUM in June, down from…
Taxpayers who realise errors in their Income Tax Return (ITR) after filing can correct them through the ‘Discard Return’ facility if the return has not yet been verified. The facility allows taxpayers to completely remove an unverified ITR from the income tax portal and submit a fresh return with corrected details. However, taxpayers should note…
Executives and non-unionised supervisors working in Central Public Sector Enterprises (CPSEs) will receive revised Industrial Dearness Allowance (IDA) from July 1, 2026, after the Department of Public Enterprises notified new rates. The revision applies to employees covered under the 1987, 1997, 2007 and 2017 pay scales followed by CPSEs. Dearness Allowance is an inflation-linked salary…
Bajaj Finserv Mutual Fund’s Small Cap Fund outperformed its benchmark in its first year since launch, with the fund house attributing the performance to its strategy of maintaining a high allocation to small-cap stocks through a volatile market cycle. Launched on July 18, 2025, the scheme delivered a return of 8.5% since inception, compared with…
TrustLine Holdings has announced the final close of its Category III alternative investment fund (AIF), Intrinsic Deep Alpha AIF-II, after raising total investor commitments of ₹260 crore. The fund will invest predominantly in listed micro- and small-cap companies with market capitalisation below ₹2,000 crore, targeting businesses at an early stage of growth. According to the…
Carnelian Asset Management & Advisors has received approval from the Securities and Exchange Board of India (SEBI) to launch its mutual fund business, marking its entry into India’s rapidly expanding mutual fund industry. The approval will allow the asset manager to offer mutual fund schemes to retail investors alongside its existing portfolio management services (PMS),…
The government has shared the latest status of its rural and urban housing schemes, with separate updates on Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) and Pradhan Mantri Awas Yojana-Urban (PMAY-U). Separate replies in Parliament by the Ministry of Rural Development and the Ministry of Housing and Urban Affairs (MoHUA) highlighted the progress of the two schemes…
The 8th Pay Commission has renewed expectations among central government employees and pensioners about a revision in salaries and benefits. While the final recommendations, including the fitment factor and revised pay matrix, are awaited, previous Pay Commissions provide a reference point for how salary structures have evolved over the years. The fitment factor has historically…
