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Best multi-asset allocation funds: Only 4 crossed 15% SIP returns in 3 years; Quant, Nippon India led the category

New Delhi, Aug. 18 -- Only four multi-asset allocation funds have delivered SIP returns of more than 15% over the past three years, with Quant Multi Asset Allocation Fund topping the category at 18.51... Read More


NRI's Dubai life insurance payout triggered Rs.40 lakh tax dispute, why ITAT ruled in his favour

New Delhi, Aug. 18 -- An Indian resident who bought a life insurance policy while working in Dubai has won a tax dispute after the Income Tax Appellate Tribunal ruled that the maturity proceeds could ... Read More


RBI loan rules 2026: Banks may need borrower consent to change loan benchmark; know what happens to your EMI

New Delhi, Aug. 17 -- Borrowers with floating-rate loans could get greater protection from changes in the benchmark used to determine their interest rate under a new framework proposed by the Reserve ... Read More


SGB 2021-22 Series V premature redemption today: Rs.4,740 investment becomes Rs.15,295, giving investors 223% gain

New Delhi, Aug. 17 -- Investors holding Sovereign Gold Bond (SGB) 2021-22 Series V are set to receive a substantial payout as the tranche becomes eligible for premature redemption on 17 August 2026. T... Read More


Bandhan Small Cap Fund July portfolio: 15 stocks added, 9 exited; HDFC Bank, AWL Agri see higher holdings

New Delhi, Aug. 17 -- Bandhan Small Cap Fund made several changes to its equity portfolio in July, adding 15 new stocks and exiting nine existing holdings, according to its latest monthly portfolio di... Read More


Invesco mutual fund: 3 international schemes resume existing SIPs from August 18, but new registrations remain shut

New Delhi, Aug. 17 -- As restrictions on international mutual fund investments continue, Invesco Mutual Fund is reopening select existing SIP and STP transactions in three overseas fund-of-funds from ... Read More


Sold ESOP shares after moving abroad? ITAT Mumbai says exercise-date FMV can be treated as cost of acquisition

New Delhi, Aug. 17 -- A UK-based employee who sold shares acquired through an employee stock option plan (ESOP) for nearly Rs.26 lakh has won a tax dispute after the Mumbai bench of the Income Tax App... Read More


FAST-DS 2026: Have an undisclosed foreign asset worth Rs.1 crore? Know why disclosure could cost Rs.60 lakh, here's the math

New Delhi, Aug. 16 -- The Foreign Assets of Small Taxpayers Disclosure Scheme (FAST-DS), 2026, opens on August 16, giving eligible taxpayers a one-time window until December 31, 2026, to disclose cert... Read More


Investing in India from abroad? SEBI proposes digital KYC for NRIs, OCIs without physical presence in India

New Delhi, Aug. 15 -- The Securities and Exchange Board of India (SEBI) has proposed easing the KYC process for individual Persons Resident Outside India (PROIs), potentially allowing eligible Non-Res... Read More


Income-tax penalty over Rs.3.71 lakh political donation deduction: ITAT Ahmedabad deletes Rs.2.31 lakh penalty

New Delhi, Aug. 15 -- The Income Tax Appellate Tribunal (ITAT), Ahmedabad, has cancelled a Rs.2.31 lakh penalty imposed on a taxpayer who had claimed a Rs.3.71 lakh deduction for a political donation ... Read More