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Market News

Location American Market News for 18 June 2026
Govt approves EPF rate of 8.25% for FY26: When will subscribers receive the interest amount? The EPFO can officially credit interest to subscribers' accounts only after the rate recommended by its governing body receives the Finance Ministry's approval.
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Claude ran like a CA: Professionals are leaning towards AI to file income tax - Check viral prompt Working professionals took to social media to share how they used AI to file their income tax returns - From decoding dense tax terminologies to automatically accounting for mid-year employer switches, and more
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Invest in mutual funds daily with just ₹10: Axis Mutual Fund launches Rozana SIP Axis Mutual Fund has launched the Rozana SIP facility, which enables investing with just ₹10 per scheme per day through its website. This initiative offers a low-ticket-size approach and helps build an everyday investi...
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I asked ChatGPT if a Bengaluru DINK couple earning ₹3 lakh a month can retire by 50? Here's what AI said The RBIs inflation target remains 4% with a 2%-6% band. Medical inflation has recently run far above headline inflation, and Indias life expectancy at birth is about 72 years-all of which argue for a cautious plan, said ...
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8th Pay Commission: Submission window closes; unions push for salary, pension reforms - a look at contentious issues The most contentious issue before the 8th Pay Commission centres on how minimum wages are calculated.
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I wanted to save money without giving up my lifestyle. I asked ChatGPT for a Rich Life financial plan Ramit Sethi believes that if you automate your savings targets first, you don't need to track minor purchases
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Pre-filled ITR and AIS: Checks to complete before you hit submit' AIS is compiled from data reported by multiple entities such as employers, banks, mutual funds, brokers, custodians, and registrars. While it is a useful reconciliation tool, it is not free from errors.
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Choosing health insurance in 2026? Look beyond premium and check these factors Secure your future with the best health insurance in 2026 by understanding key features, coverage options, claim support, and mistakes to avoid for smarter financial and medical protection. If in doubt consult certified ...
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India has learned how to trade but it still needs to learn how to invest Access has surged across Indias markets, but investor behaviour has not kept pace with participation.
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ITR 2026: Invested in Bitcoin or crypto? Heres whether to file ITR-2 or ITR-3 Income earned from the sale of cryptocurrencies needs to be declared in the Virtual Digital Asset (VDA) schedule. In the income tax return (ITR) parlance, cryptocurrencies are known as VDAs  
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Is credit card overlimit worth it? Benefits, risks, credit score impact and smart usage tips Unexpected expenses can strain finances, and the credit card overlimit facility offers short-term spending flexibility. But understanding charges, repayment obligations, and the impact on credit scores is essential for r...
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I asked ChatGPT if quitting my ₹80,000 job for food cafe in Delhi was wise? It saw ₹3 lakh monthly potential A Delhi graphic designer earning ₹80,000 a month asked ChatGPT whether he should quit his job to start a food café. The AI warned of significant risks but said the business could potentially earn up to ₹3 lakh a mon...
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New tax regime: 5 tax-saving benefits salaried employees should not miss The new tax regime has eliminated many popular deductions, but a few important tax-saving provisions remain for salaried employees. From the higher standard deduction to employer NPS contributions, here's what taxpay...
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Income-tax returns: Filing ITR-4 form? Here's what proof you need to claim deductions Income-tax returns: Taxpayers filing their returns with the ITR-4 or Sahaj online form need to submit the following documents as proof in order to claim deductions under Sections 80C, 80D, 80U, 80E, and 80GG, among other...
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From Scotch whisky to electric cars: Here's what could cost you less after India's UK and EU trade deals The India-UK trade pact is set to come into force on 15 July, while India and the EU are aiming to conclude their landmark deal by the end of 2026. But what do these trade deals mean for Indian consumers? Here's a lo...
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Reits are having a moment. Should they be in your portfolio? Reits outperformed equities over the past year, but falling-rate tailwinds may fade. Here's how experts view their role in an investor's portfolio.
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6 income tax return filing mistakes that can delay refunds and trigger tax notices Taxpayers often face delays, refund issues or notices due to mistakes in filing their income tax return. Key checks on documents and transactions before submission can help ensure accuracy and compliance with the tax dep...
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PPF vs SIPs: Here's how much corpus an investment of ₹12,500 per month for up to 30 years earns you in each? PPF vs SIPs: Planning your long-term investments? Take a look at how much corpus is generated from an investment of ₹2,000 per month for 30 years with the public provident fund and in mutual funds through systematic in...
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New ITR forms for AY 2026-27: Key changes taxpayers should know From expanded ITR-1 eligibility to new disclosure requirements, several changes have been introduced in the revised forms. These updates could affect how taxpayers report income, capital gains and deductions.
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Vehicle loan repaid? Here's how to remove hypothecation from your RC: Step-by-step guide Removing hypothecation from your RC is the final step to securing full ownership of your vehicle. Here's how to obtain Form 35 and a bank NOC, applying through the Vahan portal, required documents and fees involved.
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Does your credit score affect Visa approval? Everything you need to know Planning overseas travel requires financial readiness. Understand how a credit score affects visa approval, reflects money management habits, and supports a stronger visa application. On a fundamental level, keep in mind...
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ITR filing AY 2026-27: Why first-time taxpayers are making more return filing mistakes than ever? Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants Society, says first-time taxpayers often wrongly assume no tax liability means no filing requirement. He adds that many also choose incorrect ITR forms, rely ...
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