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Location American Market News for 27 May 2026
Who is a Resident but Not Ordinarily Resident and what are the tax implications? Most returning NRIs are eligible for RNOR status for nearly two to three financial years, depending on their earlier duration of stay in India. Failing to claim this status properly can result in foreign income being unn...
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EPFO: Want to avail pension benefit? Here's why retirees need Form 10C - FAQs on details, documents you need The EPFO provides pension benefits for subscribers with over 10 years of service. Members can withdraw their provident fund while retaining pension benefits. Here's when and why Form 10C is used
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Attention taxpayers! Excel utility for income-tax return form ITR-2 enabled - Here's all you need to know Attention taxpayers! The tax department has today enabled excel utility for income-tax returns for AY2026-27 (FY25-26) for online form ITR-2 on its official e-filing portal. Here's all you need to know
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Are gifted shares taxed in India? Key rules, exemptions explained Previously, the person making the gift was liable to pay tax under the provisions of the Gift Tax Act
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Credit Card APR explained: How annual percentage rate works and why it matters for users High credit card annual percentage rate (APR) charges can quietly increase debt and monthly expenses. Understanding the concept behind APR can help credit card users manage repayments wisely and avoid costly interest cha...
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Should you use your annual bonus for prepayment of an outstanding home loan? For a ₹30 lakh home loan, utilizing an annual ₹2 lakh bonus through lump-sum prepayments can save significant interest and reduce tenure. Early repayments enhance financial flexibility, while higher EMIs offer a stru...
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Making ₹75k a month? Here are some expert-backed strategies to invest, save and lead a stress-free life A ₹75,000 monthly salary can stretch further with smart expense planning, disciplined savings, SIP investments and controlled lifestyle spending to build long-term financial stability. 
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Credit utilisation ratio: How CUR impacts your credit score and what you can do to improve it Unlock financial control with a clear understanding of the credit utilisation ratio, a key factor that shapes your credit score, influences lending decisions, and supports strong financial health through disciplined cred...
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8th pay commission to meet employee representatives in June, July 2026 - Check full list of cities with planned visits 8th pay commission: The panel is set to meet stakeholders, unions, and employee representatives across states in June and July 2026. Check here for the full list of cities with planned visits in the coming months
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DA: Why is Dearness allowance important? Why does Centre form a pay commission every 10 years? The 8th pay commission has called meetings with various employee groups to gather information before it makes recommendations. We explore why Dearness allowance (DA) important and why the Centre forms a pay commission ev...
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I asked ChatGPT how to survive a sudden layoff on a ₹14 LPA salary. The AI gave me a 'stop-loss' rule I asked ChatGPT how to survive an unexpected layoff on a ₹14 LPA salary. The AIs answer revealed how quickly savings, EMIs and lifestyle costs can spiral out of control.
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Personal loan on your mind? Smart planning before taking one can save your wallet Smart borrowing starts with careful planning before taking a personal loan. It will help manage EMIs, interest rates, credit score and repayment capacity for stronger financial stability and disciplined debt control.&nbs...
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Bengaluru couple breaks down expenses of hosting grand destination wedding at 5-star resort in Jim Corbett A Bengaluru couple recently hosted a destination wedding at Jim Corbett National Park and shred the costs associated with it. Advocating for financial prudence, they detailed their expenses in an Instagram video.
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I asked ChatGPT to compare Thailand, Vietnam and Bali for a ₹2 lakh vegetarian trip from Delhi. Heres the AI verdict Could ₹2 lakh really buy a comfortable, and stress-free international holiday for a vegetarian Indian couple in 2026? ChatGPT compared Thailand, Vietnam, Bali, Malaysia and Sri Lanka - factoring in flights, Airbnbs, ca...
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Gold and silver prices today, 27 May: Check retail rates of 24K, 22K gold and 999 silver in Delhi, Mumbai, other cities MCX gold June futures were 0.10% up at ₹1,58,220 per 10 grams. Gold prices have been under pressure since the US-Iran war started on 28 February. International gold prices have fallen by up to 15% since the start of th...
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Sebis salary-to-mutual fund proposal could change how Indians invest Sebis proposal allowing salary deductions for mutual fund investments could boost saving discipline, reduce behavioural spending leakage and accelerate MF adoption.
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What to check before investing in sectoral and thematic funds: Key risks and ratios explained Unlike diversified equity funds, these schemes have a concentrated portfolio, making it important for investors to thoroughly analyze risk factors before investing. 
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Why retail investors chasing higher returns in bonds are running into hidden risks As falling fixed deposit rates push Indian savers toward corporate bonds and online debt platforms, many retail investors are underestimating the credit, liquidity and product risks behind high yields.
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ITR filing AY 2026-27: You could legally reduce tax on half your earnings - Heres who is eligible Section 44ADA simplifies tax filing for self-employed professionals by allowing them to treat half of their income as profit, reducing paperwork and taxable income. Eligible professionals include doctors, lawyers, and fr...
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Why insurance industry needs a distribution revolution, not just a digital one Indias insurance industry has become faster and more digital, but low penetration shows trust-not access-remains the biggest challenge for meaningful financial protection.
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EPFO 3.0: No paperwork, no waiting - instant EPF withdrawal via ATM and UPI; what actually changes for EPF users EPFO subscribers may soon withdraw funds directly to their bank accounts via UPI, eliminating employer sign-off and processing delays. Labor Minister Mansukh Mandaviya announced the initiative, which allows instant QR co...
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8th Pay Commission: Railway union proposes 5-fitment-factor formula; salaries may jump over 400% - check calculator The IRTSA has proposed distinct fitment factors for various employee levels under the 8th Pay Commission, suggesting a range from 2.92 to 4.38. This could lead to significant salary increases, with some employees seeing ...
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