Investments

A number of important financial and public service changes will take effect starting July 1. From changes in credit card charges and PAN application rules to new GST return filing deadlines, revised bank service fees, and a hike in railway fares, individuals and businesses alike need to stay informed. Here’s a complete overview of what…

Investors who failed to submit the redemption request by the due date will now have to wait until the next half-yearly interest payout date. Source

Policybazaar states that OPD benefits typically cover general physician visits, specialist consultations such as dermatology or orthopaedics, blood tests, X-rays, MRIs, and pharmacy bills. Source

The US dollar index dropped 0.2%, hitting a 43-month low. A weaker dollar makes gold cheaper for other currency holders, supporting global demand. Source

Failing to e-verify the return is another costly mistake. Once the ITR is filed, it must be verified within 120 days, or else it becomes invalid. Use Aadhaar OTP, net banking, or demat account login for quick online verification. Manual verification by post is also possible, but takes more time. Source

The New Fund Offer (NFO) is open from July 1 to July 9, 2025. The minimum investment is ₹5,000, with further investments allowed in multiples of ₹1. Source

The scheme will passively invest in a basket of India’s top 10 private sector banks, selected from the Nifty 500 based on free-float market capitalisation. Source

The transaction value declined 4% month-on-month to ₹24.04 lakh crore in June, from ₹25.14 lakh crore in May. Source

The deadline for filing ITR for individuals for AY 2025-26 is September 15, 2025, an extension from the traditional July 31 deadline. Taxpayers should keep certain documents ready to file their returns. Source

The New Fund Offer (NFO) for both schemes will open on July 2 and close on July 16. Source