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Market News

Location American Market News for 14 July 2025
Filing Income Tax Return? Fake exemptions and deductions could get you into trouble, warns I-T dept amid crackdown The Income Tax Department is now cracking down on individuals and entities that facilitate fraudulent deductions and exemption claims in their ITR filings. The department directed the individuals to file the correct part...
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Unlimited health insurance is now a reality. But can insurers make it work? New 'no-limit' health plans offer unmatched coverage--but questions remain on sustainability, claims support, and long-term value.
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Sebi plans to engage with Meta, You Tube, Telegram to crack down on finfluencers: Report Capital markets regulator is set to engage with You Tube, Meta and telegram to crack a whip on unregistered investment advisors
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What is SPREE scheme launched by ESI early this month? An explainer This scheme, originally launched in 2016, has been relaunched, and so far benefitted 88,000 employers. It is open till the end of this year
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ITR filing: How to correctly report capital gains, CGAS withdrawal, buybacks The income tax department has released the utilities for ITR forms 2 and 3.
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Filing ITR? Here's how you can avoid a scrutiny notice from tax authorities The recent spate of scrutiny notices from tax authorities highlight the need for meticulous reporting and compliance while filing tax returns. Avoid unwanted audits by understanding the triggers for such tax scrutiny.
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Fraudsters siphon off ₹8 lakh from credit cards in Mumbai. How can cardholders stay safe from such scams? The cardholders received calls from scammers who posed as officials from telemarketing department of bank and asked them to share the bank details so that new card could be issued to them.
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Did you know you can donate your credit card reward points to charity? Here's how to do it Credit card reward points can be donated through a platform like Points for Good. You can choose the organisation and cause/project for donation and earn good karma.
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Is gifting money to my NRI son's NRO account taxable? You can gift your NRI son money to invest in ETFs without tax, but beware of TCS if the amount exceeds ₹10 lakh under LRS. A gift deed and proper documentation are strongly advised.
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₹450 crore TBVFL loan scam: 5 financial red flags borrowers must watch The alleged ₹450 crore TBVFL loan scam highlights major financial red flags in bank loan fraud, underlining the need for borrowers to verify lenders, monitor disbursals, and safeguard their credit identity.
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How to earn rewards on every UPI payment using your credit card? UPI payments linked to credit cards create opportunities for rewards on regular expenses. Users must be mindful of card compatibility and potential risks associated with credit, emphasizing the need for informed financia...
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5 red flags to watch before taking a personal loan from a digital lending app Before taking a personal loan via app, borrowers must check for RBI regulation, hidden fees, data access permissions, poor reviews, and absence of customer support to avoid potential financial distress.
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