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Location American Market News for 12 May 2026
Don't need to visit I-T e-filing portal? Here's how you can download Form 26AS through you bank website - Stepwise guide Income-tax returns: Form 26AS displays taxpayers' financial statements and can be accessed via the Income Tax portal or your banks' website. Taxpayers can view, download, and provide feedback on the document.
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Is foreign-earned salary in NRE account taxable in India? Here's what rules say Non-resident Indians can transfer overseas earnings to India via NRE accounts, which are not taxable if income is foreign. NRO accounts manage Indian income but incur taxes. Details here.
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Starting your investment planning journey? From wealth creation to tax saving - Here are key factors to consider Investment planning is crucial for financial stability, involving assessment of current finances, risk tolerance, and future goals. Here are key factors investors need to keep in mind while forming strategy.
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I asked ChatGPT if I should buy a Mercedes on ₹30 LPA: AI was brutally honest, explained purely on mathematical terms A young Bengaluru professional earning ₹30 lakh annually wants to buy a Mercedes A-Class Limousine. ChatGPT replies.
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Investing in gold alternatives - digital, ETFs, mutual funds or SGBs? Check if they can be converted to physical gold Are you investing in gold alternatives - digital gold, gold ETFs, gold mutual funds or sovereign gold bonds (SGBs)? Check here to see if these options can all be converted to physical gold and how they are taxed in India...
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What is digital gold? How can you buy it, and can it be converted to physical gold? Digital gold allows online investment in physical gold without immediate possession. It is also backed by real gold stored in secure vaults but not regulated by Sebi or RBI. Details here.
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National Pension Scheme: Maharashtra makes revised NPS opt-in for employees - Check deadline, minimum pay, other details Maharashtra government has made its revised National Pension Scheme optional for current employees and given till 31 December to opt-in. Here's a look at how pension will be calculated, the minimum monthly payout and...
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Small savings scheme interest rates in May 2026: Returns on PPF, SSY, SCSS, NSC and others compared Small savings scheme interest rates in May 2026 highlight stable government-backed returns across PPF, SSY, SCSS and NSC. These are ideal for conservative investors who seek to balance volatility and tax efficiency.
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How much gold can you legally keep at home? Rules explained amid PM Modi's appeal to avoid buying the yellow metal Prime Minister Modi urged citizens to avoid gold purchases for a year to reduce non-essential imports. India's gold ownership rules allow certain limits on gold jewellery during tax raids. Here's all you need to ...
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Tenant refusing to vacate house in Delhi? Key legal provisions for eviction and rights of landlords explained If a tenant refuses to vacate a house in Delhi, there are key provisions under the Delhi Rent Control Act that can protect the landlord's rights. They include eviction, legal remedies, and Supreme Court rulings for l...
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SCSS maturity rules explained: Can senior citizens extend their account's tenure? The Senior Citizens Savings Scheme offers retirees a popular fixed-income investment with government backing and quarterly payouts. Eligible individuals can invest, extend their accounts multiple times, and earn an 8.2% ...
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Gen Z investors are rewriting the rules of investing

livemint.com - 12 May 2026 15:38
Gen Z investors are rewriting the rules of investing Gen Z has become the country's fastest-growing investor cohort, with under-30s now comprising 38% of the National Stock Exchange's base, but experts warn their decisions are driven more by social media, peer pres...
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I asked ChatGPT: Can I do a solo Bali trip from Delhi in ₹1 lakh? AI reveals the real 2026 cost ChatGPT explains whether a 10-day solo Bali trip from Delhi can realistically be done within ₹1 lakh. Check the detailed AI breakdown on flights, cafés, beaches, hotels, hidden costs and the smartest Bali itinerary.
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Can low-volatility funds work amid market volatility? These passive funds are falling less than the broader market during sharp corrections, but advisers say the trade-off is slower gains in strong rallies.
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EPFO asked to pay ₹50,000 to employee for taking 10 years to process Provident Fund transfer from old to new account The employee filed a consumer complaint against EPFO in the Chandigarh district commission and sought transfer of the balance amount along with interest, compensation, as well as litigation costs.
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Why sideways markets make even smart investors look confused After the 2020-24 bull run, markets have turned sideways and volatile. In this phase, discipline, risk control and defensive positioning matter more than aggressive stock picking.
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8th Pay Commission demands: Salary hike, pension reform and fitment factor compared across 3 major unions Amid active consultations, the 8th Pay Commission sees strong union demands for revised pay, fitment factor hikes, pension reforms and allowance restructuring for government employees. These demands will be considered ho...
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NRI members can receive tax-exempt sums from HUF income Since the money comes from tax-paid rental income of the HUF, it should NOT be taxable in your hands in India.
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'Bengaluru rent is second EMI': Couple pays ₹56,000 rent out of ₹1.3 lakh monthly budget, netizens relate Married couple from Bengaluru, shared why someone can be earning well and still feel poor in the city. Both product managers, shared their over ₹1 lakh monthly budget without including vacations, investments or any lux...
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How authors can protect and pass on copyrights through estate planning For authors, estate planning isn't limited to houses, investments or even manuscripts. Their most valuable assets may be copyrights for published or unpublished writings. Similarly, for music and art works. While a c...
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Gold, silver prices today: Check retail rates of 24K, 22K gold, 999 silver on 12 May in Delhi, Mumbai and Kolkata Gold and silver prices stayed largely steady on 12 May, with minor changes across major Indian cities. MCX futures edged higher amid ongoing geopolitical tensions and safe-haven demand, while precious metals continued th...
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