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Market News

Location American Market News for 3 May 2026
Section 80C income-tax relief: Here's how to maximise your ₹1.5 lakh deduction Taxpayers can rely on Section 80C of the Income-Tax Act to reduce their tax liability through deductions of up to ₹1.5 lakh in a financial year. Here's what steps you can take to maximise your investment options
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Income-Tax Returns: Here are some common reasons you may receive a tax notice from I-T dept - Top FAQs answered The online income-tax return process has simplified tax filing, yet first-time taxpayers face challenges. Here's a look at what income-tax notices mean and why you may get one from the tax department
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Considering credit card? Here are some key things to keep in mind before you apply Applying for a credit card involves careful consideration of your needs, spending habits, and comparing various options. Choose a card that aligns with your lifestyle to avoid future financial issues.
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DA hike: Next Dearness Allowance increase to be 3%? Here's what employees expect from 8th Pay Commission The Finance Ministry raised the Dearness Allowance by 2% for central government employees and pensioners, increasing it from 58% to 60% of basic pay. Here's why some expect the next hike in July under 8th CPC to be 3...
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8th Pay Commission: Is 6% increment likely? Meetings begin over minimum pay, NPS removal, more promotion opportunities The 8th Central Pay Commission held its first meetings discussing demands for annual increments and pension scheme withdrawal. It is set to decide salary hikes for 50 lakh central employees and 65 lakh retirees, potentia...
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Withdrawing PF money? Fill these details correctly to avoid TDS deductions The declarant, who is a resident, must ensure that their expected final tax liability for the year is NIL and duly fill all the rows in Part A of the Form No.121 and sign it.
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Five smart investing rules for navigating Indias volatile equity markets in 2026 To turn market volatility into an instrument for wealth creation, retail investors should consider adopting a structured approach. Here are five fundamental rules that can help navigate the complexities of todays financi...
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How mutual fund-based portfolio management services work Mutual fund-based portfolio management services are becoming popular among high-net-worth individuals. Here is how these services work
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Tax deadlines in May 2026: Key dates every taxpayer should know May 2026 has crucial tax deadlines, including TDS payments and quarterly filings. Taxpayers must comply to avoid penalties. Full list of the deadlines here.
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Missed Subhadra Yojana? Here are alternative welfare schemes available in Odisha Odisha has several welfare schemes aimed at empowering women through financial assistance and social support, including Lakhpati Didi Yojana and MAMATA. Details here.
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Gold, silver prices today: Check retail rates of 24K, 22K gold, 999 silver on 3 May in Delhi, Mumbai, Kolkata, others On May 3, gold prices in India remained stable, silver prices also showed limited movement. Check retail rates of 24K, 22K gold, 999 silver in your city.
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I asked ChatGPT: SIPs, stocks, or fixed deposits - where to invest for maximum return? Answer was shocking As a 22-year-old salaried person with a student, here's how you can build wealth by investing smartly. AI recommends this when asked about investing in SIPs, stocks, or fixed deposits for the best returns with minimu...
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What happens if you miss a PPF contribution? Penalties, rules and how it affects your account PPF requires a minimum annual contribution of ₹500. These deposits can be made monthly or annually, and penalties apply for missed payments. Details here. 
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Smart spending: Here's how you can save money without sacrificing fun Effective money management involves budgeting, debt management, tracking expenses, and distinguishing needs from wants. Here's a few steps you can adopt to ensure financial security and future savings.
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Transactions where PAN is mandatory in India: Full list after form 97 replaces form 60 Starting April 1, 2026, the Income Tax Act mandates quoting a PAN for numerous financial transactions, replacing Form 60 with Form 97. Here's a list of transactions where PAN is mandatory.
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How your credit score impacts home loan approval and what score you need for the best deal - Explained Home loans require lenders to assess creditworthiness, with credit scores significantly influencing approval and interest rates. A score above 750 is ideal, while scores below 700 may lead to higher rates or even rejecti...
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Bank holidays next week: SBI, HDFC, others closed on these days between 4 and 10 May; check RBI calendar Private and public sector banks in India will be closed for two days between May 4 and 10, 2026. Customers can use online services for transactions during these periods. 
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