Personal Finance

Net direct tax collections fall 1.34% even as gross mop-up, refunds rise in FY26

India’s gross direct tax collections rose 3.17% to Rs 6.64 lakh crore in FY26 so far, but net collections dipped 1.34% as record-high refunds surged 38% year-on-year. The revenue mix highlights both economic resilience and the tax department’s push for faster payouts.

efund payouts soared to Rs 1.02 lakh crore as of July 10, a sharp 38% jump from Rs 73,893 crore disbursed during the same period in FY25.

Investment

Your credit score is just the start, lenders look at secrets your wallet might be hiding.

Even if you pay your bills on time, expert says lenders can check these financial red flags

The Debt-to-Income Ratio (DTI) calculator helps you measure how much of your income goes toward monthly debt payments, revealing your financial stability and borrowing capacity.

‘If 40% of your salary is gone by the 5th…’: Expert warns on debt & monthly budget

Kerala couple dupes investors in multi-crore scam: Chit funds explained

Kerala couple flees after multi-crore chit fund scam in Bengaluru: What is chit fund?

Official data pegs education inflation at 4%, but families feel the pinch far more.

'Parents taking EMIs for nursery': Bengaluru dad’s ₹2 lakh shock echoes middle class pain

CA Nitin Kaushik explained Rs 20 lakh salaries vanish fast in metros due to high rent, car EMIs, and daily expenses.

Middle-class dilemma: Is your lifestyle eating up your Rs 20 lakh salary? Expert unpacks urban woes

The data reflects a growing trust in mutual funds, supported by continued inflows from foreign investors and an optimistic outlook on India's economic growth.

SIP inflows hit record high in June, check details

Passive funds have emerged as one of the fastest-growing mutual fund categories, with AUM market share in the Mutual Fund industry increasing steadily from approximately 7% in March 2020 to 17% in March 2025.

Want to create wealth in long term? Passive investing might be the answer

Kamath emphasized that while the pressure to drive revenue is real, platforms must choose long-term trust over short-term gains.

Nithin Kamath asks: How much can you really trust your favorite finance app?

Globally, younger investors, especially Gen Z, are leading this shift, having tripled their allocations to alternative assets over the past 12 months.

Half of rich global investors plan to invest in this asset over the next year: Study

Many couples stumble over skipped budgets, delayed investments, or clashing goals, risking financial strain and lost wealth.

Newlyweds’ query: Are Rs 5,000 SIPs and Rs 15L health cover sufficient for early retirement?

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Insurance

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Hospital network tops priority as millennials, Gen Z drive health insurance uptake: Survey

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Three out of four risk financial ruin — Are you one of them? Expert breaks down insurance puzzle

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Tax

Net direct tax collections fall 1.34% even as gross mop-up, refunds rise in FY26

The ITR filing deadline for non-audit cases is now September 15, 2025, extended from July 31, with belated returns allowed until December 31 subject to penalties and interest. For businesses needing an audit, the due date remains October 31, 2025.

Tax refund blues: Delays worry filers as ITR season picks pace; key tips to track refunds

ITR-3 applies to those with business or professional income, including freelancers, sole proprietors, and partners in firms.

ITR-2 and ITR-3 Excel tools now live: Tax filing for AY 2025-26 officially begins

EPF remains one of India’s safest retirement tools.

Still believe EPF Interest is fully tax free? Expert share it may be costing you more

Under Section 54EC, investors can invest long-term capital gains of up to ₹50 lakh in specified bonds, locking in funds for five years to gain exemption from tax on those gains.

Green investment: IREDA Bonds gain 54EC tax break, now eligible for capital gains tax exemption

Sebi alleges that Jane Street engaged in a calculated strategy to rig the Bank Nifty index, a key Indian benchmark tracking banking stocks.

Can Jane Street be taxed in India? Authorities looking into the issue

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Investment

Even if you pay your bills on time, expert says lenders can check these financial red flags

‘If 40% of your salary is gone by the 5th…’: Expert warns on debt & monthly budget

Kerala couple flees after multi-crore chit fund scam in Bengaluru: What is chit fund?

'Parents taking EMIs for nursery': Bengaluru dad’s ₹2 lakh shock echoes middle class pain

Middle-class dilemma: Is your lifestyle eating up your Rs 20 lakh salary? Expert unpacks urban woes

SIP inflows hit record high in June, check details

Want to create wealth in long term? Passive investing might be the answer

Nithin Kamath asks: How much can you really trust your favorite finance app?

Half of rich global investors plan to invest in this asset over the next year: Study

Newlyweds’ query: Are Rs 5,000 SIPs and Rs 15L health cover sufficient for early retirement?

Retirement Planning

EPFO vows faster grievance redressal, aims to resolve complaints within 7 working days

₹25 lakh salary, still broke? CA’s post shows how a 10th-pass friend built more wealth

Changed jobs? Here's how you can transfer your provident fund online

How to park Rs 60 lakh for safe Rs 10-20k monthly income post-retirement

CA’s brutal truth: '₹10 crore won’t save you and your job’s already on borrowed time'

'Middle class pain isn’t taxes or inflation': Wealth advisor warns of a deeper crisis in plain sight

Monsoon fury: Does your insurance cover flooding, heavy rains? Here's how to buy a perfect cover

Hospital network tops priority as millennials, Gen Z drive health insurance uptake: Survey

'Being underinsured feels fine until crisis hits': CA warns Indians on false sense of health security

From adrenaline highs to medical lows: Expert on why travel insurance is a must for thrill seekers

Three out of four risk financial ruin — Are you one of them? Expert breaks down insurance puzzle

Tax

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