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Location American Market News for 17 April 2026
8th Pay Commission: ₹32,400 to nearly ₹69,000 basic pay? Fitment factor for govt salary hike decoded 8th Pay Commission:  Fitment factor is the multiplier that converts old basic pay into revised basic pay. Here's how the minimum basic pay could rise - depending on the various fitment factors demanded by employ...
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Up to ₹2.88 lakh tax relief possible? Child education allowance rules get a boost, who can benefit - Check here The child education allowance has been raised from ₹100 to ₹3,000 per month per child, while the hostel allowance has gone up from ₹300 to ₹9,000 per month per child. Here's a breakdown of how much one can sa...
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National Savings Certificate vs tax-saving FD: Which offers better returns? While both NSC and tax-saving FDs have a standard 5-year duration, they differ in several key factors, including interest rates and compounding intervals.
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Millions of Indians are investing every year, but not everyone is building wealth - Heres why A large share of those new entrants are first-timers. Many came in during a bull run and haven't yet seen a serious correction. That matters, because the biggest threat to their wealth won't be a bad fund, it'...
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Why opening a Sukanya Samriddhi Yojana account early helps create a strong financial future for your girl child Early investment in the Sukanya Samriddhi Yojana secures a stronger financial future for a girl child through long-term compounding, tax-free returns and disciplined savings.
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PMS or AIF: Where are HNIs finding better risk-adjusted returns? Studies show that top PMS strategies have generated around 60 basis points of excess return per month over benchmarks. More importantly, roughly 7 out of 10 PMS strategies have beaten their benchmarks. Thats not easy, es...
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Akshaya Tritiya 2026 date and time: Check muhurat timings to buy gold in Delhi, Kolkata, Mumbai, other cities In India, people buy gold on Akshaya Tritiya, depending on specific muhurat timings - which vary from one city to another. From Kolkata, Delhi to Mumbai, other cities - we bring you a list of the city-wise timings for Ak...
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7 zero-risk govt-backed investment schemes in 2026 for stable income, tax benefits: Check interest rates, features Secure your future with these government-backed schemes in India that offer stable returns, tax benefits, and predictable income, making them ideal for long-term financial planning in 2026.
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Income tax penalties explained: Payment default, underreporting, misreporting-when do 50% and 200% fines apply? Income tax penalties can occur due to default in tax payments, incorrect reporting of income, and, in some cases, misreporting of income, which is considered a severe issue. Here's when 50% and 200% fines apply. ...
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Your Cibil score could update faster. Here's what changed RBI has mandated lenders to report credit data weekly instead of fortnightly to ensure more accurate and fresh credit scores. This shift enables faster loan approvals and quicker score recoveries for borrowers but also m...
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PPF investment: How to build a ₹1 crore corpus at 7.1% and how long it takes The PPF crorepati reality check shows that disciplined, long-term investing at 7.1% can build ₹1 crore over 25 years, highlighting tax-free compounding, stability, and the need for patience.
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PPF vs ELSS vs NPS: Where does ₹5,000/month grow the most? 15-year returns compared PPF, ELSS, and NPS are popular tax-saving investments, differing in structure, eligibility, and returns. Here's the best tax saving option.
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Trump accounts explained: Eligibility, contribution limits, tax benefits for parents Trump accounts explained: A new savings scheme, referred to as Trump accounts, is designed to help families start building wealth for children from birth. Here's how it works. 
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