Mumbai, India — HSBC Mutual Fund has reopened three international mutual fund schemes to fresh systematic investment plans (SIPs) and lump-sum investments, giving Indian investors another route to seek overseas equity exposure. The schemes are HSBC Global Emerging Markets Fund, HSBC Asia Pacific (ex-Japan) Dividend Yield Fund and HSBC Brazil Fund.
टैग: Personal Finance
TCS Credit Refund Claim for AY 2026-27 ITR
NEW DELHI, India — Taxpayers who missed claiming a Tax Collected at Source (TCS) credit while filing their Income Tax Return for Assessment Year 2026-27 may still have an opportunity to seek the applicable refund, according to the information provided in the source material. However, the supplied material does not contain the specific deadline, eligibility conditions or detailed procedure required to make such a claim.
SEBI Changes Nomination Rules: 3 Nominees for Demat, Mutual Funds From Sept 1
NEW DELHI, India — SEBI’s new nomination rules for demat accounts and mutual funds will come into effect from September 1, 2026, bringing a revised framework under which investors can name up to three nominees for a single-holder demat account or mutual fund folio. The changes are aimed at simplifying the transfer of investments after an investor’s death and reducing the accumulation of unclaimed assets.
ITR Filing After July 31: How to File a Belated Income Tax Return, Late Fees, Deadlines and Rules Explained
The July 31 deadline for filing Income Tax Returns (ITR) for many individual taxpayers has ended without any extension from the government. While over 5.9 crore income-tax returns were filed by the due date for Assessment Year 2026-27 (Financial Year 2025-26), taxpayers who missed the deadline can still file a belated Income Tax Return by December 31, 2026, subject to applicable late fees and interest. The July 31 deadline, however, does not apply to every taxpayer, as businesses and certain professionals have separate due dates.