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What's New in Financial Literacy

Taxation
Jun 2, 2025
ITR filing FY 2024-25: Income tax payers take note! These 7 mistakes in income tax return filing this year can cost you big

To avoid Income Tax Department notices, taxpayers should file error-free returns, especially with the extended deadline to September 15 due to Budget 2024's ITR form modifications. Common mistakes include incorrect form selection, AIS/Form 26AS verification failures, incomplete income declaration, and overlooking changes from Budget 2024. Accurate HRA claims and proper handling of income from previous employers are also crucial.

Taxation
May 30, 2025
IT department releases Excel utilities for ITR-1 and ITR-4 for AY 2025-26
Taxation
May 28, 2025
ITR deadline extended: Taxpayers may earn more interest, but government could face higher refund burden
Investing
May 28, 2025
What to do with your mutual fund SIPs after salary hike

With appraisal season underway, financial planners are urging salaried individuals to leverage their salary hikes to bolster their savings and investment strategies, particularly through mutual funds. Experts recommend redirecting a portion of the increased income into Systematic Investment Plans (SIPs) to counter inflation and achieve long-term financial goals.

Trending Topics

Investing

What to do with your mutual fund SIPs after salary hike
What to do with your mutual fund SIPs after salary hike
Investors shift to RBI floating rate bonds as fixed deposit rates slideHow to use your bonus: Answer these 5 questions to knowGold vs Nifty 50: Yellow metal emerges as best performing asset in FY25, but Indian equities outperform in long-termEPFO simplifies claim process with two key reforms: What are the benefits for members, employers?Sovereign Gold Bond 2017-18 series VI yields over 220% return in 7.5 years; RBI fixes premature redemption price at Rs 9,453 per gram on May 6
Should you buy gold this Akshaya Tritiya? Avoid investing in gold purely based on its recent performance - here's why
Should you buy gold this Akshaya Tritiya? Avoid investing in gold purely based on its recent performance - here's why
Fixed deposit investors take note! Lock in high interest rate FDs before returns fall as RBI cuts repo rate
Fixed deposit investors take note! Lock in high interest rate FDs before returns fall as RBI cuts repo rate
Investors panic as stock markets crash! How rebalancing investment portfolio at the right time can protect your money
Investors panic as stock markets crash! How rebalancing investment portfolio at the right time can protect your money
PPF account holders take note! Why you should deposit money by April 5 to maximise interest payout - explained
PPF account holders take note! Why you should deposit money by April 5 to maximise interest payout - explained
Investing in mid-caps? SIPs for at least 8 years in mid-cap funds yield profits - check data
Investing in mid-caps? SIPs for at least 8 years in mid-cap funds yield profits - check data
How not to lose money in small-cap MFs: Do SIPs for at least 12 years
How not to lose money in small-cap MFs: Do SIPs for at least 12 years
When should you exit an investment? Top things to keep in mind
When should you exit an investment? Top things to keep in mind
New PPF rules 2024: 3 changes from October 1 that Public Provident Fund account holders should be aware of
New PPF rules 2024: 3 changes from October 1 that Public Provident Fund account holders should be aware of
Sovereign Gold Bonds: How investors can buy SGBs from the stock market; step-by-step guide
Sovereign Gold Bonds: How investors can buy SGBs from the stock market; step-by-step guide

Saving

Sub-7 day fixed deposits soon? Here’s what RBI has asked banks to consider
Sub-7 day fixed deposits soon? Here’s what RBI has asked banks to consider
Senior citizens looking for FD options? These banks offer interest rate of up to 9.1%Comparing 444-day FD schemes: Which bank offers what rate? Check detailsIndusInd Bank and Kotak Mahindra Banks revise FD rates: One hikes, the other trimsPost Office savings schemes: Latest interest rates for April-June 2025 announced - check listMahila Samman Savings Certificate: Last few days left to get 7.5% interest for two years - top facts about post office savings scheme
Are your bank deposits insured if bank fails? Up to Rs 5 lakh deposit insurance scheme explained
Are your bank deposits insured if bank fails? Up to Rs 5 lakh deposit insurance scheme explained
Gratuity eligibility, payout and formula: Leaving job before 5 years? Here’s how you can still get gratuity
Gratuity eligibility, payout and formula: Leaving job before 5 years? Here’s how you can still get gratuity
Tax planning before March 31 deadline? Tax saving fixed deposits with high interest rates - check list
Tax planning before March 31 deadline? Tax saving fixed deposits with high interest rates - check list
Small Savings Schemes: 6 new rules from October 1 for PPF, NSS, Sukanya Samriddhi Yojana & other schemes - check details
Small Savings Schemes: 6 new rules from October 1 for PPF, NSS, Sukanya Samriddhi Yojana & other schemes - check details

Taxation

Financial calculators

Banking

NPCI issues new API guidelines for UPI ecosystem members to prevent outages
NPCI issues new API guidelines for UPI ecosystem members to prevent outages
UPI transactions to get faster from June 16 as NPCI cuts response time for banks and appsATM withdrawals to cost more from today: Here’s all you need to know about the new chargesError-free UPI transactions: NPCI bans nicknames in UPI payments - here’s how it will benefit usersRBI's new ATM transaction rules take effect from May 1: Charges, revised limits - all you need to knowSavings bank account for children: Know the latest RBI rules
UPI users take note! New mobile number verification rules from April 1, 2025 for banks and UPI apps
UPI users take note! New mobile number verification rules from April 1, 2025 for banks and UPI apps
ATM withdrawals set to cost you more from May 1 - here’s why
ATM withdrawals set to cost you more from May 1 - here’s why
Are your bank deposits insured if bank fails? Up to Rs 5 lakh deposit insurance scheme explained
Are your bank deposits insured if bank fails? Up to Rs 5 lakh deposit insurance scheme explained
March 2025 bank holidays: Are banks closed on Saturday, March 22, 2025?
March 2025 bank holidays: Are banks closed on Saturday, March 22, 2025?
Planning to open a bank locker? Know latest rules, eligibility, security deposit and risks
Planning to open a bank locker? Know latest rules, eligibility, security deposit and risks
What are the minimum balance charges of savings account? HDFC Bank vs ICICI Bank vs PNB vs SBI vs Yes Bank compared
What are the minimum balance charges of savings account? HDFC Bank vs ICICI Bank vs PNB vs SBI vs Yes Bank compared
How this banking innovation could boost India’s remittance inflows
How this banking innovation could boost India’s remittance inflows
Do banks like SBI, HDFC, ICICI, PNB charge for NEFT, RTGS? Check branch level transaction charges
Do banks like SBI, HDFC, ICICI, PNB charge for NEFT, RTGS? Check branch level transaction charges
ICICI Bank, Axis Bank, and Yes Bank revise savings account charges: Check latest service fees, other changes
ICICI Bank, Axis Bank, and Yes Bank revise savings account charges: Check latest service fees, other changes

Visual Stories

Warren Buffett’s Famous Quotes: Top 10 Mantras From World’s Most Famous Investor & 5th Richest Person That You Shouldn’t Miss
11
Warren Buffett’s Famous Quotes: Top 10 Mantras From World’s Most Famous Investor & 5th Richest Person That You Shouldn’t Miss
PAN 2.0: Will You Get A New PAN Card & Will Your Existing PAN Become Invalid? What’s Special About PAN With Enhanced QR Code? Top 10 Points Taxpayers Should Know
11
PAN 2.0: Will You Get A New PAN Card & Will Your Existing PAN Become Invalid? What’s Special About PAN With Enhanced QR Code? Top 10 Points Taxpayers Should Know
UPS vs NPS Calculator: Is A Switch From National Pension Scheme to Unified Pension Scheme Really A No-Brainer? Check Calculations, Benefits - Top Points
11
UPS vs NPS Calculator: Is A Switch From National Pension Scheme to Unified Pension Scheme Really A No-Brainer? Check Calculations, Benefits - Top Points
Sukanya Samriddhi Yojana Calculator: Planning to open an SSY account? 10 things you should know - from interest rate to maturity & more
12
Sukanya Samriddhi Yojana Calculator: Planning to open an SSY account? 10 things you should know - from interest rate to maturity & more
Post Office Savings Schemes Calculator: SSY, KVP, NSC, MIS, PPF, SCSS - How Much Will You Earn? Be A Crorepati With This Tax-Free Option - Top Points
14
Post Office Savings Schemes Calculator: SSY, KVP, NSC, MIS, PPF, SCSS - How Much Will You Earn? Be A Crorepati With This Tax-Free Option - Top Points
NPS Calculator: How To Become A Crorepati With National Pension System - Top 10 things to know from contributions, returns, monthly pension & more
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NPS Calculator: How To Become A Crorepati With National Pension System - Top 10 things to know from contributions, returns, monthly pension & more

Debt Management

New gold loan rules soon: These 9 proposals in RBI’s draft guidelines may impact you
New gold loan rules soon: These 9 proposals in RBI’s draft guidelines may impact you
Lower EMIs incoming: HDFC Bank cuts MCLR following RBI repo rate cutsRBI puts more money in your pocket! How much will your loan EMIs come down with repo rate cut? ExplainedAvoid higher EMIs, interest rates! Planning to take a loan? Here's how your credit score impacts loan rate, EMIsCredit score tips: 7 ways to improve your CIBIL scoreHome Loan Money Saving Tip: How to repay a Rs 50 lakh home loan in less than 10 years
Gold loan interest rates 2024: Check latest rates from SBI, HDFC, ICICI, PNB, Axis, BoB
Gold loan interest rates 2024: Check latest rates from SBI, HDFC, ICICI, PNB, Axis, BoB
Latest loan interest rates from top banks: SBI, HDFC Bank, Bank of Baroda, Canara Bank, PNB in May 2024
Latest loan interest rates from top banks: SBI, HDFC Bank, Bank of Baroda, Canara Bank, PNB in May 2024
RBI new loan rules: Is your bank overcharging you on interest? 4 ways in which customers may be paying extra
RBI new loan rules: Is your bank overcharging you on interest? 4 ways in which customers may be paying extra
Credit limit, billing cycle and 10 other important credit card terms you must know
Credit limit, billing cycle and 10 other important credit card terms you must know

Insurance

Why claim settlement ratio should be your first check before buying insurance
Why claim settlement ratio should be your first check before buying insurance
Bought life insurance to save tax? Why it may be time to get rid of it under the new income tax regime - top things to checkMotor insurance: 8 key factors to consider when choosing the right policyNew insurance rule: What is e-Insurance? Benefits of e-Insurance Account for policyholdersCentral government employees must link CGHS beneficiary ID with Ayushman Bharat Health Account ID; know benefits, process to link and other detailsClaiming no-claim bonus on new car insurance; here’s how you can do it
Choosing term life insurance: Basic plan, add-on riders and other key things to consider
Choosing term life insurance: Basic plan, add-on riders and other key things to consider
Top 6 things to check when buying a life insurance policy
Top 6 things to check when buying a life insurance policy
Health insurance rules: AYUSH Treatment coverage to match conventional care? Top things to know
Health insurance rules: AYUSH Treatment coverage to match conventional care? Top things to know
IRDAI's draft guidelines to protect insurance policyholders: 5 key changes to know
IRDAI's draft guidelines to protect insurance policyholders: 5 key changes to know

Retirement Planning

Central government employees, hurry! Deadline to choose between UPS or NPS is June 30
Central government employees, hurry! Deadline to choose between UPS or NPS is June 30
Started with lower Atal Pension Yojana bracket? How to increase your pension from 2,000 to 5,000Unified Pension Scheme: Central government employees take note - UPS rules notified; check eligibility, contributionWhat is the 30-30-30-10 rule for retirement planning?What are the NPS partial withdrawal rules? Know eligibility, limits and more detailsEPF withdrawal claim: How long does it take to process Employees’ Provident Fund account claim?
Planning to invest in NPS? Top 5 reasons you should consider National Pension System
Planning to invest in NPS? Top 5 reasons you should consider National Pension System
Important updates for NPS subscribers: New charges and security measures announced by PFRDA
Important updates for NPS subscribers: New charges and security measures announced by PFRDA
EPF interest for FY 2023-24: When will it be credited and how can you check EPF balance?
EPF interest for FY 2023-24: When will it be credited and how can you check EPF balance?
Switching jobs? Your EPF account can be automatically transferred - here’s how EPFO facility works, rules and exceptions
Switching jobs? Your EPF account can be automatically transferred - here’s how EPFO facility works, rules and exceptions

FAQ

How much gold can you buy in cash and are PAN, Aadhaar details mandatory? Here’s what legal experts say
How much gold can you buy in cash and are PAN, Aadhaar details mandatory? Here’s what legal experts say
What are gold, silver hallmarking charges? Check details and importanceWant to create a will? You can create it online as well - Here’s howWhat is a gift deed? Some simple points for easy understandingHow to get your CIBIL credit score without a PAN cardNew insurance rule: What is e-Insurance? Benefits of e-Insurance Account for policyholders
Do you have unclaimed dividends and shares? Here’s how they can be recovered
Do you have unclaimed dividends and shares? Here’s how they can be recovered
What are debt mutual funds? Benefits of investing
What are debt mutual funds? Benefits of investing
New Mutual Fund KYC rules from April 1: Which documents are not valid now and what is the process to be KYC compliant?
New Mutual Fund KYC rules from April 1: Which documents are not valid now and what is the process to be KYC compliant?
Are thematic funds meant for you? Check benefits and risks
Are thematic funds meant for you? Check benefits and risks
First-time MF investor? Here’s what you need to know - from documents to nominee
First-time MF investor? Here’s what you need to know - from documents to nominee
What are Systematic Transfer Plans? Benefits of staggering equity MF investments through STPs
What are Systematic Transfer Plans? Benefits of staggering equity MF investments through STPs
Can mutual fund investments be made in a child’s name?
Can mutual fund investments be made in a child’s name?
What does portfolio overlap in mutual funds mean? Tips to avoid it
What does portfolio overlap in mutual funds mean? Tips to avoid it
What are flexi cap funds? Here are the benefits of investing in them
What are flexi cap funds? Here are the benefits of investing in them
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