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Location American Market News for 20 June 2026
Renting a house but not receiving HRA? Non-salaried individuals can still claim tax deduction on rent Non-salaried individuals, including freelancers and business owners, cannot claim HRA, which are exclusive to salaried employees. But there's another way to do it.
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Using ChatGPT or Claude AI to file ITR? Experts warn it may not be as reliable as you think As tax season begins, professionals are using AI tools like ChatGPT to simplify tax filing despite concerns over reliability. Experts warn that these tools struggle with complex tax situations and lack accuracy, leading ...
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Indias crypto boom is moving beyond men in metros: How women and small-towns are driving the shift? India's crypto market is experiencing a shift as women and non-metro investors gain influence, focusing on long-term strategies. This trend fosters a more stable ecosystem, with women showing patience and discipline,...
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Income tax scrutiny: Who could get a tax notice by June 30 and how to respond? Taxpayers should note that June 30 is the deadline for scrutiny notices under Section 143(2) for ITRs filed during FY 2025-26. Here are cases when you may receive a notice and what to do next.
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I asked ChatGPT to plan the cheapest possible trip to the Maldives for 2 - It gave a modest ₹1.4 lakh budget ChatGPT's ₹1.4 lakh Maldives trip for two on a bare-minimum budget really caught me by surprise.
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Can a 29-year-old achieve FIRE by 40 with a ₹1 lakh monthly home loan EMI? I asked ChatGPT For a 29-year-old techie with exactly half of their take-home pay wiped out by home loan EMI, I asked ChatGPT if an 11-year window is enough for early retirement.
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ITR filing 2026 for pensioners: Health insurance, bank interest - These key deductions can reduce your tax outgo Pensioners can file income tax returns even after retirement and are eligible for several tax deductions. Options for filing ITR depend on income sources. Full list of available deductions here.
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Canada was too expensive! A couple quit 9-to-5, sold their home to move to Japan: The FIRE strategy behind it Seeking a better work-life balance, the Pon family turned to the FIRE movement. They moved from high-cost Canada to Thailand and then Japan, focusing on family time and financial flexibility.
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Sebi simplifies share transfer process after an investor's death, giving legal heirs faster access to investments Sebi has introduced a framework to expedite the transmission of securities to legal heirs, introducing Quick Transmission Processing (QTP) for small-value claims. Details here.
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PM Kisan 23rd installment today: When, where and how to check ₹2,000 tranche payment status - Direct link here Prime Minister Narendra Modi will release the 23rd installment of the PM Kisan Samman Nidhi Yojana on 20 June 2026. Each beneficiary will get ₹2,000 tranche payment. Let's find out when, where and how to check paym...
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ITR: Attention taxpayers! Check key changes in ITR-4 (Sugam) form before filing income-tax returns for FY26 / AY27 Income-tax returns: The Income-Tax Department has introduced some key changes in how taxpayer report income using the ITR-4 / Sugam form online for this tax year (FY26 / AY27). Here's all you need to know
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Employees provident fund: 8.25% interest rate ratified, EPFO 3.0 to allow ATM, UPI withdrawal - Check new EPF rules here Employees provident fund: The Centre has ratified 8.25% interest rate for EPF deposits this financial year. Looking ahead, here's a look at the rules under EPFO 3.0, which allow withdrawal of funds through ATM and UP...
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Don't let market swing ruin your Mutual Fund portfolio: Expert explain when to review, rebalance, and what to avoid Mutual funds are effective for wealth creation, but regular portfolio reviews are essential. Investors should conduct light checks periodically and a detailed review annually to ensure alignment with financial goals, pre...
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8th Pay Commission June 2026 Updates: Key meetings, consultation timeline and latest official developments Fresh developments in the 8th Pay Commission have raised expectations among central government employees and pensioners. From extended memorandum deadlines to upcoming state consultations, the latest updates highlight pr...
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Why life insurance continues to be a key pillar of financial protection and long-term financial planning Financial security starts with protection. Life insurance remains a crucial pillar of financial planning, helping families manage uncertainties, safeguard future goals, build financial resilience and create long-term sec...
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Dearness Allowance: Here's all we know about Punjab, West Bengal and Himachal Pradesh govts' discussions on DA hikes Dearness Allowance: DA is the component of the basic salary that is periodically adjusted for inflation. Here's all we know about the Punjab, West Bengal and Himachal Pradesh state governments' discussions on res...
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Will ₹10 crore be enough to retire comfortably? Expert says wrong approach | Use this simple formula to understand Determining retirement needs requires calculating future monthly expenses, factoring in inflation, and estimating the necessary corpus. For example, a current expense of ₹70,000 may grow to ₹3 lakh in 30 years, neces...
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How are dark patterns causing ₹25,000 crore loss to consumers annually? The CCPA issued guidelines in 2023 to prevent and regulate dark patterns. The authority has listed 13 specific dark patterns. It has issued an advisory to strengthen compliance with guidelines and even penalised some pla...
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Bank holiday today: Are banks closed on Saturday, 20 June for the weekend? Check RBI calendar here Bank holiday today: Are banks closed today for the weekend holiday on Saturday, 20 June? Check the RBI calendar here 
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