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Market News

Location American Market News for 10 July 2024

S&P 500 Clinches Longest Streak of Records Since 2021

Wall Street Journal - 11 Jul 2024 00:29
Traders are looking ahead to the consumer-price index report.
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Income Tax Returns: Taxpayers find it too 'taxing' to file ITR online on e-filing portal even as July 31 deadline nears ITR Filing: Thanks to the influx of visitors, the portal reportedly is currently facing operational issues during the peak hours. A number of taxpayers have expressed their inconvenience on X platform.
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ITR filing: Where should you declare foreign assets and income in the tax return form? ITR filing: Anyone who is a tax resident and either owns a foreign asset or earns a foreign income during the financial year must fill out the foreign asset schedule.
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Budget 2024: Higher standard deduction, tax bracket adjustment on cards for salaried class? Experts weigh in Budget 2024: While tax relief for the salaried class through increased standard deductions or adjusted tax brackets is on the table, some experts propose a more radical shift: giving employees control over their salary s...
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RBI alarmed at lakhs of bank accounts being used for fraud: Report RBI Deputy Governor Swaminathan said banks must protect the integrity of the financial reporting by guarding against misadventure, or intelligent interpretations of regulations
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Tesla's Full Self-Driving Rivals Are in China

Wall Street Journal - 10 Jul 2024 14:08
Fierce competition to attract wealthier customers with the latest technology is driving rapid advances in Chinese self-driving systems.
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What to Watch When Bank Earnings Season Kicks Off

Wall Street Journal - 10 Jul 2024 13:30
Investors are on the lookout for more signs of weakness in the banking system, as well as the impact of higher-for-longer interest rates and cracks in consumers' finances.
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The Biden administration is seeking to waive the requirement on certain mortgage refinancings.
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How Drug Middlemen Keep Beating the System

Wall Street Journal - 10 Jul 2024 13:30
Pharmacy-benefit managers are outsmarting regulators by adapting their opaque business models and keeping data from the public.
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Income Tax Return: How to choose the correct ITR form for tax filing Filing income tax returns in India involves selecting the appropriate ITR form based on income sources and residential status. This guide helps taxpayers navigate the selection process effectively.
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Slow and steady: How a passive approach to investing secured this Mumbai-based CEO's retirement future Kartik Sharma, global CEO of a media company, has followed his financial advisor's plan over last 17 years to achieve his retirement goals.His asset mix has 74% allocation to equities and balance of 26% to debt
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Mint Explainer: How Sebi is increasing scrutiny on unregistered investment advisors and taking action against them The regulator's board approved a proposal for an optional mechanism to allow Sebi-registered investment advisors and research analysts to collect fees from their clients, who will be assured they are interacting with bon...
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ITR filing 2024: How to file income tax return online? A step-by-step guide The deadline for filing income tax returns is July 31. Experts advise avoiding last-minute filing to reduce errors. Essential documents include Form 16, Form 16A, Form 26AS, and proof of investments
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