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POST OFFICE MONTHLY INCOME SCHEME
Smallcap mutual fund inflows drop 29% MoM to Rs 6,407 crore in October. Should investors be cautious or continue investing?Smallcap mutual fund inflows declined 29% month-on-month to Rs 6,407 crore in October, amid market corrections and elevated valuations. How...- SCSS vs MIS for senior citizens: Which scheme provides higher income on Rs 15 lakh investment? See calculationsInvestment choices for senior citizens can include the Senior Citizens Savings Scheme and the Post Office Monthly Income Scheme. Notably, S...
- Mumbai domestic cook goes on foreign holiday while many office-goers struggle to save. Ex-banker shares a financial lesson for salaried IndiansAn ISB MBA graduate shared how his Mumbai cook earns Rs 1.05 lakh monthly, while his household income reaches Rs 1.5 lakh. Despite earning ...
- India’s rich pivot to real estate after stock returns falterInvestors in India are increasing their allocations towards high-yielding assets in real estate and logistics. Recent data shows a signific...
- Suvendu Sarkar rolls out Diwali bonanza for Bengal babus, hikes IAS allowances by 50%The Suvendu Adhikari-led West Bengal government has announced a range of benefits for its IAS officers, including a 50% hike in monthly sum...
- EPFO’s November 19 meeting to be held in New Delhi: Can EPFO increase minimum EPS pension from Rs 1,000?The Employees' Provident Fund Organisation is gearing up for its 240th Central Board of Trustees assembly, scheduled for November 19, 2026,...
- HDFC Defence Fund raises stakes in BEL, BEML, Bharat Forge and 2 others in OctoberHDFC Defence Fund increased its holdings in BEL, BEML, Bharat Forge, Tata Motors and another stock in October, according to its latest port...
- Best tax saving mutual funds or ELSS to invest in November 2026Tax -saving mutual funds or Equity Linked Savings Schemes (ELSSs) helps you to save income tax under Section 80C of the IT Act. You can inv...
- Indian parents getting US residency? 6 financial implications to consider before applyingInvestments in bank accounts, mutual funds, shares and other assets will have to be reviewed and modified. It is illegal under India’s FEMA...
- Taxpayers fret over loose ends in amnesty scheme, seek CBDT clarity on foreign asset disclosure rules as deadline nearsMany taxpayers are unsure if they need to report various accounts due to ambiguous regulations. Clarification is being sought from the Cent...
- IITians get shocked when they learn a paani puri seller has Rs 4.5 lakh per month in profit: ‘He works for six hours…’A group of IITians was astonished to learn that someone earning more than Rs 1.2 lakh a month lacked a degree from IIT or any other univers...
- Woman deposits Rs 1 lakh in post office, postmaster issues receipt but no certificate, then runs away with her money; court orders department to pay her Rs 1.15 lakhA woman above 60 deposited Rs 1 lakh at Karnataka's Kodikoppa Post Office for a Senior Citizens' Savings Scheme account and Rs 500 for a sa...
- Dolly Parton Imagination Library Sign Up in US, UK and Canada: Who is eligible and how to register for free books every monthDolly Parton Imagination Library Sign Up is gaining attention after the UK government announced up to £15 million to help more young childr...
- Incorrect HRA or deduction claims? How Section 270AA may offer relief from 200% penaltyIncorrect tax claims may expose taxpayers to a 200% penalty for misreporting and prosecution in appropriate cases. Section 270AA offers con...
- Signature Global clocks Rs 67 cr profit in Q2 vs loss yr ago, revenue rises over 2-foldSignature Global Ltd has reported a consolidated net profit of Rs 66.90 crore for the quarter ending September, marking a significant turna...
- EPFO reveals conditions to join EPF, EPS and EDLIThe Ministry of Labour and Employment has raised the Employees' Provident Fund wage ceiling to enhance participation. Employees earning bet...
- CBDT issues new clarification on BSNL-MTNL VRS-2019 compensation: Will it affect retirees' income tax benefits?The CBDT issued a notification clarifying that ex-gratia compensation for BSNL and MTNL VRS-2019 is not retrenchment compensation. This com...
- Indian auto's real test lies ahead after firecracker start to festive seasonIndia’s passenger vehicle dispatches crossed the 5-lakh mark for the first time in October, with wholesales estimated to grow 13-15% year-o...
- NMMS scholarship 2026-27 deadline extended: Check new date, eligibility and application processThe Ministry of Education has extended the NMMS scholarship application deadline for the 2026-27 academic year to November 15. Students can...
- Rs 36.4 lakh fraud in Post Office through NSC and term deposit: India Post employees convicted; Madhya Pradesh HC grants relief to depositorsEmployees at the Bina branch of India Post defrauded depositors out of Rs 36.4 lakh through forged documents. The Madhya Pradesh High Court...
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