News

Tax and compliance, as it lands

Headlines gathered each day from TaxGuru, the Economic Times, Mint and BusinessLine. We summarise and link out — the full story always stays with the publisher.

Personal FinanceMint — Money·23 hours ago

Bank holiday today: Check if SBI, HDFC, ICICI branches are open or closed on Saturday, September 19

Bank holiday today, September 19, 2026: SBI, HDFC Bank and ICICI Bank branches are generally open as it is the third Saturday. Check state-wise RBI holidays before visiting.

Read at livemint.com

Personal Finance24 hours ago
Should you take a personal loan for your wedding or use savings? Experts explain the smarter money choice
Should you take a personal loan for your wedding or use savings? Experts explain when using savings makes sense, how wedding loan EMIs affect future goals, and what borrowers should consider before taking on wedding debt.
Mint — Money
Personal Financeyesterday
Gold vs Nifty 50: What would ₹1 lakh invested 20 years ago be worth today? Check post-tax returns
Gold has outperformed the Nifty 50 over the past 20 years, but returns are only part of the comparison. Their capital gains tax treatment is different too. Here’s what ₹1 lakh invested 20 years ago could be worth today and how much an investor may keep after tax.
Mint — Money
Personal Financeyesterday
Two home loans? You can claim tax benefits on both—but there are limits | Check details
An individual can take multiple home loans as long as the lender is satisfied with the borrower's income, credit profile and ability to service the loans
Mint — Money
Personal Financeyesterday
8th pay commission: From night allowances to risk insurance, 8 key demands nurses have put forward
The nurses' association outlined several key requests, ranging from higher starting salaries and night duty pay to comprehensive insurance and the return of the Old Pension Scheme.
Mint — Money
Personal Financeyesterday
₹10,000 SIP, ₹87 lakh corpus: Why staying invested for 20 years may be harder than the calculation suggests
A big SIP corpus can look impressive on paper, but real wealth creation depends on whether investors can afford rising contributions, survive financial emergencies and stay invested through market downturns, weak returns and long periods of underperformance.
Mint — Money
Personal Financeyesterday
Digital gold is booming: Are investors overlooking hidden risks? Experts compare it with gold ETFs
Digital gold is booming, but investors face a key trade-off: convenience versus regulation and costs. Experts explain how digital gold compares with gold ETFs in terms of accessibility, physical delivery, expenses, investor protection, and the safeguards needed for this…
Mint — Money
Personal Financeyesterday
New UPI MDR rules from October 15: What changes for fuel, railway tickets and 3 other key services? Explained
From October 15, UPI payments over ₹2,000 for fuel, railway tickets, and other services will incur a flat MDR of ₹5, as announced by NPCI. Meanwhile, for P2M transactions above ₹2,000 outside the specified categories, NPCI has introduced a 0.4% MDR.
Mint — Money
Personal Financeyesterday
Investing via RBI Retail Direct platform: Who will pay UPI MDR from 15 October? Experts weigh in
When you invest in government securities through RBI Retail Direct using UPI, who will bear the payment-processing cost? With MDR rules for capital market transactions changing from 15 October, here’s what investors need to know about the charges involved.
Mint — Money
Personal Financeyesterday
Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck
Refunds may not be issued if bank details are incorrect or if the PAN is inoperative. Taxpayers should monitor their e-filing accounts for discrepancies and may need to correct details for a refund reissue request.
Mint — Money
Personal Financeyesterday
Large-cap or aggressive hybrid? The mutual fund category that leads in returns may surprise you
Large-cap funds predominantly invest in large-cap stocks, while aggressive hybrid funds combine equity with debt. A comparison of their 1-, 5- and 10-year returns, along with risk-adjusted performance, reveals how the two mutual fund categories have fared over time.
Mint — Money
Personal Financeyesterday
Your bank account isn’t necessarily frozen just because your KYC is overdue | here’s what can actually happen
Missing a KYC update deadline doesn't mean immediate account freezing. RBI rules require banks to send reminders before action. 
Mint — Money
Personal Financeyesterday
Getting a consumer durable loan? Don't let hidden processing fees and ‘no-cost’ EMI catch you off guard
Consumer durable financing can provide formal credit to new-to-credit borrowers who may otherwise find it difficult to obtain a loan. But convenience comes with potential drawbacks.
Mint — Money
Personal Financeyesterday
Expectation vs reality: Why you should not assume 20%+ equity returns—what Nifty 500 historical data reveals
Nifty 500 data shows 10%-20% was the most common three-year return range since 2005. With the latest three-year CAGR at 12.9%, an expert suggests investors should distinguish between exceptional bull-market gains and more typical returns when planning financial goals.
Mint — Money
Personal Finance2 days ago
Mid-cap mutual funds: Sharp falls of over 20% can happen once every 4.2 years — what 21 years of benchmark data shows
While investing in mid-cap funds, are you worried about poor returns? However, avoiding declines can create another challenge if you miss the subsequent recovery. A 21-year analysis of the Nifty Midcap 150 highlights this trade-off.
Mint — Money
Personal Finance2 days ago
NRI woman gets relief as ITAT cuts income tax penalty from 200% to 50%: Know why
ITAT Mumbai cut an NRI's tax penalty from 200% to 50% after she omitted ₹14.46 lakh in interest income from her ITR. The tribunal held mere omission isn't automatic misreporting, citing her overseas residence, reliance on an accountant, and voluntary tax payment once notified.
Mint — Money

Headlines refresh once a day. Summaries are extracted from each publisher’s own feed; copyright remains with the publisher and every card links to the original.

Tax and compliance, as it lands

Bank holiday today: Check if SBI, HDFC, ICICI branches are open or closed on Saturday, September 19

Should you take a personal loan for your wedding or use savings? Experts explain the smarter money choice

Gold vs Nifty 50: What would ₹1 lakh invested 20 years ago be worth today? Check post-tax returns

Two home loans? You can claim tax benefits on both—but there are limits | Check details

8th pay commission: From night allowances to risk insurance, 8 key demands nurses have put forward

₹10,000 SIP, ₹87 lakh corpus: Why staying invested for 20 years may be harder than the calculation suggests

Digital gold is booming: Are investors overlooking hidden risks? Experts compare it with gold ETFs

New UPI MDR rules from October 15: What changes for fuel, railway tickets and 3 other key services? Explained

Investing via RBI Retail Direct platform: Who will pay UPI MDR from 15 October? Experts weigh in

Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck

Large-cap or aggressive hybrid? The mutual fund category that leads in returns may surprise you

Your bank account isn’t necessarily frozen just because your KYC is overdue | here’s what can actually happen

Getting a consumer durable loan? Don't let hidden processing fees and ‘no-cost’ EMI catch you off guard

Expectation vs reality: Why you should not assume 20%+ equity returns—what Nifty 500 historical data reveals

Mid-cap mutual funds: Sharp falls of over 20% can happen once every 4.2 years — what 21 years of benchmark data shows

NRI woman gets relief as ITAT cuts income tax penalty from 200% to 50%: Know why