How to Check Gold Jewellery Purity Using the BIS CARE App?

Buying gold jewellery is a big investment. But sometimes, buyers are tricked into buying fake or low-purity gold. To protect consumers, the Indian government made hallmarking compulsory for all gold jewellery. A hallmark shows the purity or fineness of gold and ensures that you are getting what you pay for.

What is HUID?

Each piece of hallmarked gold jewellery has a unique 6-digit code called the HUID (Hallmark Unique Identification). This code is engraved on the jewellery along with the BIS logo and purity number. With this code, you can check whether your gold is real or fake.

BIS CARE App: Your Gold Purity Checker

To help buyers check their gold, the Bureau of Indian Standards (BIS) has created a mobile app called BIS CARE. It is available on the Google Play Store and Apple App Store. The app is free and easy to use.

Step-by-Step Guide to Check Gold Purity

  1. Download the BIS CARE App from your app store.
  2. Register/Login using your name, phone number, and email.
  3. Click on the “Verify HUID” option.
  4. Enter the HUID number printed on your gold jewellery.
  5. The app will show you details like:
  • Purity of gold
  • Jeweller’s registration number
  • Hallmarking centre name and address
  • Date of hallmarking
  • Type of article (ring, chain, etc.)

Other Useful Features of the BIS CARE App

  • File complaints if a product is fake or of poor quality.
  • Check the authenticity of ISI, Hallmark, and CRS marks.
  • Track your complaint using the complaint number.
  • File issues about false advertising or misuse of BIS marks.

Conclusion

The BIS CARE app helps buyers avoid fake gold and protects their money. It gives you peace of mind when buying gold. Always check for the HUID and verify it using the app.

Read more on: Is Your Gold Real or Fake? Learn to Identify Gold Scams

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

New Tax Regime FY26: How Much of ₹12.75 Lakh is Taxable?

The government has widely claimed that under the new tax regime for FY 2025-26, income up to ₹12.75 lakh will be completely tax-free. This figure has been cited in press releases, speeches, and news articles. However, a close look at the Finance Act, 2025 reveals something surprising — the actual tax-free limit is only ₹12.5 lakh. So, what explains this difference?

Let’s break it down.

Understanding the FY26 Tax Regime Structure

Under the new tax regime for FY 2025–26, the government claims that salaried individuals can earn up to ₹12.75 lakh without paying any tax. Here’s how it’s supposed to work: a person earning ₹12.75 lakh gets a standard deduction of ₹75,000, which brings their taxable income down to ₹12 lakh. The tax on ₹12 lakh is ₹60,000, but this is completely cancelled out by the rebate under Section 87A. So, on paper, the final tax comes to zero.

However, the law doesn’t clearly state that the ₹75,000 standard deduction applies this year. If only the older ₹50,000 deduction is valid, then the tax-free income is actually just ₹12.5 lakh, not ₹12.75 lakh.

Pre-existing Rules in Finance Act

The confusion comes from how three tax rules are supposed to work together — but they don’t match up properly this year.

  • Section 115BAC sets the new tax slabs. For the current financial year (2025–26), a specific clause (clause iii) applies.
  • Section 87A gives a tax rebate. This was increased, so now people with taxable income up to ₹12 lakh don’t have to pay any tax — they get a ₹60,000 rebate.
  • Section 16 gives a standard deduction from salary income. Last year, this deduction was increased to ₹75,000 — but only for that year (2024–25).

The problem? The law doesn’t say this ₹75,000 deduction is available in 2025–26. So for now, only the older ₹50,000 deduction applies.

Because of this, the total tax-free income for salaried people isn’t ₹12.75 lakh as claimed — it’s only ₹12.5 lakh. 

Conclusion

The confusion over the actual tax-free income under the new tax regime highlights how critical proper drafting is. Until this is corrected, taxpayers expecting zero tax at ₹12.75 lakh may face surprise bills. A clear clarification or amendment is urgently needed to ensure trust and fairness.

Read more on: ITR Filing 2025: Form 16 Will Come in a New Format – Here’s What You Need to Know

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Haryana Launches One-Time Settlement (OTS) Scheme 2025: Check Key Details Here

The Haryana government has introduced a generous One Time Settlement (OTS) Scheme 2025 to help taxpayers settle outstanding indirect tax dues without penalties or interest. The scheme, announced by Chief Minister Nayab Singh Saini on March 23, 2025, is aimed at clearing legacy dues under pre-GST tax regimes and will remain open for 6 months starting April 1, 2025.

What Is the OTS Scheme 2025?

The Haryana One Time Settlement Scheme 2025 is designed to recover dues under 7 legacy tax laws that were replaced by the GST in July 2017. It simplifies settlement by offering clear waivers and reducing the paperwork burden. Unlike the 2023 version of the scheme, this updated version allows for one consolidated application for all years and acts, reducing complexity.

Eligible tax laws include:

  • Haryana VAT Act, 2003
  • Central Sales Tax Act, 1956
  • Haryana Tax on Luxuries Act, 2007
  • Haryana Entertainment Duty Act, 1955
  • Haryana General Sales Tax Act, 1973
  • Haryana Local Area Development Tax Act, 2000
  • Haryana Tax on Entry of Goods into Local Areas Act, 2008

Who Can Apply for OTS Scheme 2025?

Anyone with quantified outstanding tax dues for the period up to June 30, 2017, can apply—whether registered or not. However, the dues must be formally determined (“quantified”) under the relevant Act before application.

Who Is Not Eligible?

Applicants are excluded from the scheme if:

  • Criminal proceedings have been initiated against them under any of the relevant Acts.
  • The dues relate to erroneous refunds.
  • They have an active, unresolved application under the 2023 OTS Scheme (but only for the specific year and Act concerned).

Relief Offered Under the Scheme

The scheme offers:

  • Full waiver of interest and penalties across all slabs.
  • Tax rebate up to ₹1 lakh for dues up to ₹10 lakh.
  • Substantial reduction in principal tax due as per the following slabs:
Total Outstanding Tax Due Rebate Tax Payable Under OTS Interest Penalty
Up to ₹10 lakh  ₹1 lakh  40% of remaining tax  0%  0% 
₹10 lakh to ₹10 crore  None  50% of tax due  0%  0% 
Above ₹10 crore  None  100% of tax due  0%  0%

Flexible Payment Options

Applicants don’t have to pay the entire amount upfront. For dues above ₹10 lakh, payments can be made in two installments:

  • 50% at the time of application (Form OTS-1)
  • Remaining 50% within 60 days of receiving provisional order (OTS-4A)

For dues up to ₹10 lakh, the full amount must be paid upfront.

If the second installment is not paid within 60 days, the application will be rejected, and any amount paid will be adjusted against existing liabilities—no refunds will be issued.

OTS Scheme 2025 is Open to Non-Haryana Registered Taxpayers

The scheme is open to any taxpayer with liabilities under Haryana laws, irrespective of whether they are registered in Haryana or not, as long as their dues are under the applicable Acts and fall within the eligible period.

Conclusion

The Haryana OTS Scheme 2025 is a strategic move to clear the backlog of indirect tax dues and help small and medium taxpayers resolve long-standing liabilities. With full waivers on interest and penalties, significant rebates on tax dues, and a simplified application process, the scheme offers a one-time opportunity to regularise pre-GST tax issues. Taxpayers are encouraged to apply early and settle their dues within the six-month window.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

India Can Be the World’s Entertainment Hub, Says Mukesh Ambani at WAVES Summit 2025

Mukesh Ambani, Chairman and MD of Reliance Industries, opened the inaugural WAVES Summit 2025 with a powerful message: India has the potential to become the global hub of media and entertainment. He highlighted how India’s large youth population, creative strength, and fast-growing technology make it a strong contender in the global entertainment space.

Big Opportunities in a Changing World

Ambani spoke about two major shifts changing the creative world — geo-economic changes and rapid technological growth. He said these changes offer a great opportunity for India, especially with its economy expected to become the third largest in the world. India’s media and entertainment industry is already worth USD 28 billion and could grow to USD 100 billion in the next decade, creating jobs and businesses.

AI and Technology Driving the Future

He explained how artificial intelligence (AI) and digital tools are changing how content is made, shared, and watched. These technologies can make content more exciting and help it reach millions of people at once. Ambani noted India’s advantage in creating large amounts of multilingual content across platforms. He also praised Indian VFX teams for their global work.

Jio’s Role in Digital Entertainment

Ambani highlighted Jio’s contribution, especially through JioCinema and JioHotstar. He said these platforms are breaking records and making sports and entertainment more immersive and interactive. The recent Jio-Disney partnership is expected to bring a new wave of global storytelling from India.

4 Key Focus Areas for the Future

Ambani shared four goals:

  1. Invest in Market Growth: Support IP creation and new technologies.
  2. Make Global Content: Create shows and stories for international audiences.
  3. Build Global Partnerships: Work with international players.
  4. Promote Positive Values: Use content to spread hope and unity.

Conclusion

India is at a turning point in its media and entertainment journey. With smart investments, global collaborations, and strong technology, it can become a global leader. This could also benefit stocks in entertainment, telecom, and tech sectors.

Read more on: Best Artificial Intelligence Stocks in India for May 2025: Persistent, KPIT Tech and More 5Y CAGR Basis

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Top Gainers and Losers on May 2, 2025: Adani Ports Jumps Over 4%, JSW Steel Tanks

Indian benchmark indices ended on a positive note on Thursday, May 2, 2025, rebounding after a mixed session earlier in the week. After a marginal dip on April 30, market sentiment improved amid firm global cues and sustained buying interest across sectors.

The BSE Sensex climbed 259.75 points (0.32%) to close at 80,501.99, while the NSE Nifty 50 advanced 12.50 points (0.051%) to settle at 24,346.70.

Here are the top gainers and losers for the day.

Top Gainers of the Day

Symbol LTP Change (%)
ADANIPORTS 1,269.70 4.37
BAJFINANCE 8,868.00 2.7
INDUSINDBK 850.5 1.44
SBIN 799.8 1.41
HINDALCO 632.9 1.32

1.Adani Ports

Adani Ports share price opened at ₹1,255.00 and surged 4.37% to close at ₹1,269.70, signaling strong investor interest.

2.Bajaj Finance

Bajaj Finance share price opened at ₹8,575.50 and climbed 2.7% to end at ₹8,868.00 on healthy trading volumes.

3.IndusInd Bank

IndusInd Bank share price opened at ₹835.00 and rose 1.44% to settle at ₹850.50, driven by positive sentiment.

4.SBI

SBI share price opened at ₹790.35 and gained 1.41% to finish at ₹799.80, backed by high volume buying.

5.Hindalco

Hindalco share price opened at ₹624.00 and edged up 1.32% to close at ₹632.90, maintaining upward momentum.

Top Losers of the Day

Symbol LTP Change (%)
JSWSTEEL 970 -5.81
BAJAJ-AUTO 7,809.00 -2.75
EICHERMOT 5,428.00 -2.5
HDFCLIFE 726.5 -2.31
HEROMOTOCO 3,741.00 -2.26

1.JSW Steel

JSW Steel share price opened at ₹1,021.20 and plunged 5.81% to close at ₹970.00 amid heavy selling pressure.

2.Bajaj Auto

Bajaj Auto share price opened at ₹8,000.00 and slipped 2.75% to end at ₹7,809.00, reflecting weak investor sentiment.

3.Eicher Motors

Eicher Motors share price opened at ₹5,560.00 and fell 2.5% to settle at ₹5,428.00, weighed down by profit booking.

4.HDFC Life

HDFC Life share price opened at ₹743.70 and declined 2.31% to close at ₹726.50 despite steady trading volumes.

5.Hero MotoCorp

Hero MotoCorp share price opened at ₹3,803.60 and dropped 2.26% to finish at ₹3,741.00 amid subdued demand.

Conclusion

The Indian stock market displayed mixed stock-specific action on May 2, 2025, with select financial and metal stocks leading the gains, while auto and insurance stocks witnessed profit booking. Investors remained cautiously optimistic amid global cues, and market movement reflected healthy sectoral rotation and strong participation across broader indices.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Supreme Court Orders CBI Probe into Homebuyer Scam in Delhi-NCR

The Supreme Court has asked the Central Bureau of Investigation (CBI) to begin 7 preliminary probes into fraud involving real estate developers and banks in the Delhi-NCR region. This order came after many homebuyers complained they were being forced to pay EMIs for flats they never received.

The court said there was an “unholy nexus” between builders and banks, and that homebuyers were being cheated. One builder, Supertech, was named as a major defaulter.

New SIT Team to Be Formed

A Special Investigation Team (SIT) will also be formed. This team will include officers from UP RERA, HRERA, state police, and a Chartered Accountant. The bank with the most loan exposure, Corporation Bank, has been asked to fund the legal setup for the court.

Supreme Court Protects Homebuyers

The court was upset that banks used pressure tactics even though the matter was still in court. It said buyers should be protected from harassment like property seizure, cheque bounce notices, or forced EMI payments. Any bank misusing the court’s order will be punished.

Why So Many Buyers Are Affected

In cities like Noida, Greater Noida, and Gurugram, thousands of buyers are stuck in delayed or cancelled projects. Many had signed subvention schemes, where builders promised to pay the EMIs until they handed over the flat. But when builders failed, banks went after the buyers.

What Can Homebuyers Do Now?

1.Use Legal Protection: Report any threats to the court.

2.Cooperate with CBI/SIT: Be ready to give documents or information.

3.Keep All Papers Safe: Agreements, receipts, and loan letters.

4.Go to RERA or Consumer Courts: File complaints against delays.

5.Join Buyers’ Groups: Work together for legal help.

6.Complain to RBI: If banks break rules, inform the RBI.

7.Take Expert Advice: Talk to financial or legal experts.

Conclusion

The court’s action gives hope to cheated homebuyers. By staying informed and united, they can fight back and seek justice.

Read more on: Is Your Gold Real or Fake? Learn to Identify Gold Scams

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Amul Expands into Organic Foods to Become Full FMCG Giant

Amul, one of India’s most trusted dairy brands, is now expanding into organic products. The company will soon offer certified organic tea, sugar, and spices, marking a big step beyond its usual milk-based items.

Amul Aiming to Be a Full FMCG Brand

As per news reports, this move is part of Amul’s larger goal to become a full-fledged FMCG (fast-moving consumer goods) company. Amul already sells a wide variety of products, and now it wants to grow even more by adding everyday kitchen staples to its list.

Strong Financial Growth

Amul had a great year financially, with revenue touching ₹66,000 crore in FY25. Mehta also shared that Amul is now India’s biggest FMCG company, earning 10% more than its closest multinational rival. The company hopes to reach ₹1 lakh crore in revenue by the end of FY26.

Focus on Ice Cream and Protein Beverages

As per news reports, Amul’s ice cream sales are expected to grow by 35% to 40% this year. To meet the rising demand for health products, Amul is also increasing its production of protein drinks by five times starting from May 1.

Expanding into Global Markets

Amul is also working on growing its presence in global markets. After entering the U.S., the company now plans to expand into the Middle East, South Asia, and Africa, where there is high demand for Indian food items.

No Change in Milk Prices

Even though input costs are rising due to inflation, Amul has decided not to increase the price of milk for now. This move is likely to help it stay popular among consumers.

Conclusion

Amul’s entry into organic food and its strong focus on growth in new categories and markets shows it is serious about becoming a global FMCG powerhouse.

Read more on: Reliance FMCG Segment Matches Tata Consumer in Size, Surpasses Marico and Emami

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Zaakpay Gets RBI Approval to Operate as Licensed Payment Aggregator

On April 30, 2025, Zaakpay, the business payments arm of MobiKwik, received final approval from the Reserve Bank of India (RBI) to operate as a licensed Online Payment Aggregator. This means Zaakpay can now officially handle digital payments for businesses under Indian law.

Why This Matters

This RBI license is a major win for Zaakpay and MobiKwik. It proves that the company follows strong compliance and security rules. With more companies going digital, this approval lets Zaakpay expand and partner with more merchants in a safe, legal way.

What Does Zaakpay Do?

Zaakpay helps businesses accept and send payments using over 100 payment methods, like UPI, credit/debit cards, net banking, wallets, and EMI options. It is used by many sectors, including e-commerce, healthcare, and transport. Zaakpay also offers services like quick payment checkout, QR code payments, and instant daily settlements.

In 2024, it teamed up with Meta to allow WhatsApp-based payments, especially for health and transport businesses. It also added credit/debit EMI options to make payments more flexible.

Why the RBI License Is Important

RBI has been strict with digital payment companies. Many without a license were banned from adding new clients. This license gives Zaakpay a green signal to grow and attract more merchants. It also boosts its trust and credibility in the market.

Stock Market Reaction

Even with the good news, MobiKwik’s share price was down 0.99% and was trading at ₹249.95 on May 2, 2025. On Wednesday, it had closed at ₹252.60. The fall wasn’t linked to the license—it followed broader market trends. Since listing at ₹440 in December 2024, the stock has dropped about 65%, mainly due to investor selling after the lock-in period ended.

What’s Next for Zaakpay?

Zaakpay will now aim to grow in SaaS, healthcare, logistics, and Tier-2/3 cities. The company plans to improve its tech with AI-based fraud checks, real-time settlements, and custom checkouts. With this, Zaakpay could become one of MobiKwik’s strongest business drivers in the future.

Conclusion

RBI’s approval is a key step for Zaakpay and shows it’s ready for bigger business. If MobiKwik keeps improving services and profits, investor trust may return.

Read more on: Brightcom Group Approves Capital Reorganisation and Appointments of CEO, CFO at EGM

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Tata Power Share Price in Focus: When Will Company Announce Q4 Results?

Tata Power share price was down 0.40% and was trading at ₹382.85 at 12:05 AM. The company has announced the date for its next board meeting. It has said the board will meet on May 14, 2025, to review and approve its audited financial results for the quarter and year ending March 31, 2025.

Dividend Recommendation Expected

During the meeting, the board may also recommend a dividend for shareholders. Tata Power said it will take a final decision on the dividend during this meeting, but has not yet announced the record date — the date that decides who gets the dividend.

Past Dividend History of Tata Power Shares

 Tata Power has a track record of paying dividends regularly.

  • In 2024 and 2023, it paid ₹2 per share (on ₹1 face value).
  • In 2022, it paid ₹1.75 per share.
  • In 2021 and 2020, shareholders received ₹1.55 per share.

This consistency makes Tata Power a reliable stock for dividend-focused investors.

Tata Power Share Price Performance

On Wednesday, Tata Power share price closed at ₹383.45 on the NSE, ending lower for the day. Over the past year, Tata Power shares have declined by 15%. However, the stock has done very well over the longer term.

  • In 2 years, the stock has gone up by 91%.
  • In 5 years, the stock has delivered a massive return of 1110%.

Conclusion

Investors are now waiting for May 14, when Tata Power will announce its quarterly results and dividend decision. Although the stock has seen a short-term dip, its long-term performance and regular dividend payments make it a company to watch.

Read more on: Adani Ports Share Price Rallies 5% After Strong Q4 Results

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Bandhan Bank Share Price in Focus After Net Profit Jumps 483%

Bandhan Bank share price was down 0.71% and was trading at ₹164.45 at 10:50 AM. The company has announced its results for the fourth quarter of FY25, reporting a massive 483% year-on-year (YoY) rise in net profit. The bank earned ₹318 crore in profit during January–March 2025, compared to ₹55 crore in the same period last year.

Drop in Interest Income and Revenue

While profits soared, Net Interest Income (NII) fell 4% YoY to ₹2,756 crore in Q4 FY25, down from ₹2,859 crore in Q4 FY24. The total revenue also dropped by 30% YoY to ₹3,456 crore.

Margins and Provisions

Bandhan Bank’s Net Interest Margin (NIM) for the quarter stood at 6.7%, slightly lower than 6.9% in Q3 FY25.

The bank managed to reduce its provisions (excluding tax) to ₹1,260 crore, compared to ₹1,774 crore in the same quarter last year.

Stable Asset Quality

The bank’s asset quality remained stable. Gross Non-Performing Assets (GNPA) and Net NPA were flat on a quarter-on-quarter basis, at 4.7% and 1.3%, respectively.

Growth in Deposits and Loans

Deposits rose 12% YoY to ₹1.51 lakh crore, while CASA deposits (Current and Savings Accounts) stood at ₹47,437 crore with a CASA ratio of 31.4%.

 Gross advances (loans given) grew 10% YoY to ₹1.37 lakh crore. Retail loans (excluding housing) grew 98%, wholesale loans rose 35%, and housing loans increased 11%.

Bandhan Bank’s Dividend Declared

Bandhan Bank has recommended a dividend of ₹1.50 per share for FY25. This is 15% of the face value of each share. The dividend will be paid after shareholder approval at the upcoming AGM.

Conclusion

 Despite a fall in interest income and revenue, Bandhan Bank posted a strong profit jump due to reduced provisions and steady loan growth. With stable NPAs and a declared dividend, the bank shows signs of resilience and recovery.

Read more on: Adani Ports Share Price Rallies 5% After Strong Q4 Results

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.