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Location American Market News for 14 June 2026
Resettled in India? Here's how Form 40 can help defer tax on overseas retirement savings until withdrawal NRIs who become tax residents in India can defer tax on foreign retirement accounts until withdrawal by filing Form 40. This applies to accounts in the US, UK, Canada, and Australia, and offers relief from accrual taxati...
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Tax-free income in India: 5 sources every taxpayer should know about Certain income types are exempt from taxation under the Income Tax Act, helping taxpayers minimize their tax liabilities. Here are some options you can consider.
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Found an error in your credit report? Here's how to file a complaint and get it corrected Credit reports are essential for loan and credit card eligibility, impacted by inaccuracies. Consumers can dispute errors via lenders and credit bureaus, with a process for corrections. Details here.
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Can mutual fund gains be used to repay a home loan and claim Section 54F exemption? Home-loan repayment is not eligible for Section 54F relief, if the property was purchased outside the prescribed time window.
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ITR Filing 2026: Employer chose new tax regime by default, can you switch to old regime and claim deductions now? Salaried taxpayers can choose between old and new tax regimes until the ITR deadline. Employers will apply the new regime if no preference is communicated, but the final choice rests with the taxpayer during ITR filing. ...
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5 Work From Anywhere options: I asked ChatGPT for budget-friendly options to enjoy summer vacation during remote work A working professional seeks a practical Work-From-Anywhere experience for a month-long family vacation in India. ChatGPT suggests 5 suitable destinations, recommended based on work and family needs.
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What makes UIDAI's new Aadhaar app different from mAadhaar? Do you need to transfer data manually? The mAadhaar app will be replaced by a new Aadhaar app, launched on January 28, 2026, to enhance privacy and control over data. Here's what makes the new app different and whether you need to transfer data manually.
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Corporate burnout is real: Can I afford to take a one-year sabbatical? I asked ChatGPT Corporate burnout motivates considering a sabbatical. I asked ChatGPT if I should go for it.
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Highest fixed deposit (FD) interest rates for senior citizens in June 2026: This bank offers up to 8.30%. Details here As of June 14, 2026, senior citizens over 60 can access higher FD interest rates, with extra benefits for those over 80. Various banks offer additional rates.
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Do FPIs still drive Dalal Street? Here's what the data shows about domestic investors changing market dynamics Foreign Portfolio Investors (FPIs) influence Indian markets but their control has diminished. Increased domestic participation has reduced reliance on foreign capital, allowing the market to remain resilient even during ...
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Use the 3/20/30/40 rule for home loans to buy a house without straining your finances Avoid costly borrowing mistakes with the 3/20/30/40 rule for home loans as a guide to efficient home loan planning. This simple framework helps homebuyers manage EMIs, reduce debt burden and maintain long-term financial ...
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₹10 lakh lump sum vs ₹10,000 SIP for 100 months - which built a bigger corpus? Investors often compare lump sum investing and SIPs for wealth growth. A lump sum involves a single, large investment, while a SIP allows regular, smaller contributions. Lump sum may be ideal for large sums, while SIPs b...
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Gold, silver prices today, June 14: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata On June 14, gold prices in India remained stable, with 24-karat gold at ₹150,900 per 10 grams. Silver saw limited movement, with 999 Fine priced at ₹247,630 per kg. Prices reflected Friday's closing levels as the...
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Home loan insurance adoption jumps 7X in 5 months: What's driving India's borrowers to sign up? Home loan insurance adoption has surged sevenfold recently, driven by borrowers seeking to protect families from loan liabilities. Most purchasers are aged 31-45, primarily salaried professionals. 
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As global capital chases AI, are Indian large caps valuations now attractive? Driven by a bruising $30-billion foreign institutional sell-off, the Nifty 50 has dropped back into its historical valuation average, potentially opening up rare entry points for long-term investors, experts told Mint.
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Gold's rally may be changing your portfolio in ways you haven't noticed A rising gold price may feel reassuring, but a hedge that grows too large can become the biggest risk in your portfolio. Here's why rebalancing matters.
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EPFO: Want to file nomination for your EPF account online? Here's who is eligible and a stepwise guide Eligible nominees for EPF include spouses, children, and dependent parents. Members without families can nominate others, but the nomination becomes invalid if the member later acquires a family.
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8th Pay Commission: When will the fitment factor and salary hikes finally be announced? Here's what past trends show The 8th Pay Commission's discussions focus on the fitment factor, crucial for salary hikes for central government employees in India. The report submission may extend to July 2027, with a potential multiplier between...
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Why starting your SIP at 25 can build far more wealth than waiting until 35 Start early, build more wealth. This investment planning example shows how the power of compounding helps long-term investing create a significantly larger corpus, even with modest monthly SIP contributions. Understand t...
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Mumbai, Bengaluru or Indore? How your city can make you richer or poorer - Check Indias most and least expensive cities India's cost-of-living gap is widening, with Maharashtra's monthly expenses averaging ₹52,392, while Himachal Pradesh and Bihar remain affordable under ₹28,000. Economic opportunities vary significantly, infl...
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Bank holiday next week: SBI, HDFC, others closed on this day between June 14 and June 21; check here Private and public sector banks in India will be closed for two days between 15 June and 21 June 2026 due to holidays specified by the RBI. Preparedness is essential for customers planning visits, though online banking s...
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