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Location American Market News for 23 July 2022
ITR filing last date is a bank holiday. Key things that a taxpayer should know ITR filing for AY 2022-23:  Due to heavy load, there are instances of income tax portal having some issues on last day
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They Thought 'Crypto Banks' Were Safe, and Then Came the Crash

Wall Street Journal - 23 Jul 2022 11:33
Crypto firms like Celsius and Voyager pitched themselves as good alternatives to traditional lenders.
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Bull Stock Market Arrives As Optimism Returns The positives have begun to outweigh the negatives
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Delay in TDS return filing may cost ₹10k penalty, ₹200 late fee per day Apart from the late fee of ₹200 per day till the time of failure in filing TDS returns, the taxpayer will also be liable for a penalty of minimum of ₹10,000 which can go up to ₹1 lakh. 
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During the Farnborough International Airshow, a subtle shift appeared to take place: Aerospace startups that appeal to Silicon Valley types are now far less embarrassed to publicize their ties to the defense industry.
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The Central Bank That Holds the Fate of Nations in Its Hands

Wall Street Journal - 23 Jul 2022 15:58
The ECB's growing political role makes investing in Europe harder, requiring an even bigger focus on the internal politics of member states.
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How To Turn Volatility Into A Safe 7.5% Dividend Today we're going to look at how we can play the market's "fear gauge" for a 7.5% dividend that's as steady as they come.
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Retailers Need to Ace their Back-to-School Season

Wall Street Journal - 23 Jul 2022 15:03
Back to school is typically the second-largest selling season for retailers. They need it now more than ever.
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5-star rated bluechip funds: Monthly SIP of ₹10,000 grows up to ₹16 lakh in 7 years Bluechip funds are equity funds that invest in the stocks of large-cap companies.
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ITR filing: Key points to note before opting for TDS returns on income tax portal TDS takes place when a person (deductor) who is liable to make payments of specified nature to another person (deductee) --- shall deduct tax at the source and remit the same into the account of the Central Government.
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This private bank revises interest rates on fixed deposits and savings accounts Interest rates on both fixed deposits and savings bank deposits have been revised by private sector lender South Indian Bank.
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Portfolio management: Top 5 ways to strike balance between savings and spends Portfolio management: Most helpful thing you can do to manage money is to plan your broader life better, say experts
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Shariah Compliant Funds: How are they different?

livemint.com - 23 Jul 2022 07:40
Shariah Compliant Funds: How are they different? Shariah-compliant funds are socially responsible investing funds that are governed by the requirements of Shariah law and the principles of the Islamic religion
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Equity mutual funds: How falling rupee may impact your portfolio Equity mutual funds: Fall in rupee against the US dollar will impact short term return, believe experts
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