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India's retirement income replacement rate is just 35-40%: PFRDA chief explains why you need to save more

New Delhi, Aug. 22 -- India's retirement savings may not be enough to maintain the standard of living many workers have during their working years. Pension Fund Regulatory and Development Authority (P... Read More


8th Pay Commission salary hike: A 2.0 fitment factor could double basic pay, but your gross salary may rise much less

New Delhi, Aug. 22 -- The 8th Pay Commission has not yet announced a fitment factor, but even a relatively high multiplier such as 2.0 is already being discussed as a possible benchmark for central go... Read More


When does EPF stop earning interest after retirement? EPFO explains when your account becomes inoperative

New Delhi, Aug. 22 -- An Employee Provident Fund (EPF) account does not necessarily stop earning interest when an employee leaves a job or retires. The point at which interest stops depends on the mem... Read More


HSBC opens 3 international mutual funds to fresh SIPs, what investors need to know before investing

New Delhi, Aug. 22 -- Investors looking to add international exposure through mutual fund SIPs now have three more schemes to choose from. HSBC Mutual Fund has reopened subscriptions in three internat... Read More


Focused mutual funds: Only 4 schemes delivered 15%+ SIP returns in 5 years; Invesco India topped at 18.33%

New Delhi, Aug. 20 -- Only four Focused funds have delivered SIP returns of more than 15% over five years, with Invesco India Focused Fund leading at 18.33%. Mirae Asset Focused Fund was at the other ... Read More


ITAT deletes Rs.25 lakh tax addition over alleged flat cash payment; says taxpayer must get a chance to challenge evidence

New Delhi, Aug. 20 -- The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has deleted a Rs.25 lakh addition made to a taxpayer's income over an alleged cash payment for a flat, holding that t... Read More


Taxpayer builds new house before selling old property, faces Section 54 dispute; ITAT Delhi quashes tax notice

New Delhi, Aug. 20 -- A taxpayer who constructed a new house before selling his old residential property has won a case against the tax department. In its 3 August 2026 order in Raj Kumar vs ITO, ITA ... Read More


No predictable monthly income? How gig workers can use NPS to save for retirement and build a long-term corpus

New Delhi, Aug. 20 -- For a salaried employee, putting a fixed amount into retirement savings every month can be relatively straightforward. For a freelancer, consultant, delivery partner, cab driver ... Read More


Should you invest a large corpus at once or stagger it over 6 months? What 25 years of Nifty 50 data shows

New Delhi, Aug. 20 -- For someone sitting on a large investible corpus, the timing of the first investment can have a noticeable impact on returns in the early years. One way to deal with this is to i... Read More


Income Tax Dept flags Rs.2.33 crore cash deposit; why taxpayers need a clear trail for large cash withdrawals

New Delhi, Aug. 20 -- Withdrawing a large amount of cash from a bank account and depositing it again months later can raise questions from the Income Tax Department. But a gap between the withdrawal a... Read More