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Market News

Location American Market News for 2 July 2026
I asked ChatGPT how many credit cards are too many; Experts filled in the gaps with what AI missed Several banks have altered credit card rewards, which may make cardholders reassess how many cards they need. I asked ChatGPT how many credit cards are too many and experts filled in the gaps with what AI missed.
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I asked ChatGPT how rich Indians must become for the country to be developed; an expert adds what AI missed I asked ChatGPT how rich Indians must become for the country to be considered developed. We then compared the responses to what Axis Bank's chief economist Neelkanth Mishra said on the matter. Here's a look
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Working for a foreign client or firm while living in India? Don't miss this form to avoid paying income tax twice Working for a foreign client means income may be taxed in both the foreign country and India. However, Indian residents can claim foreign tax credit by filing Form 67. Details here.
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EPS-2026 rules: Will you get pension if you leave your job before completing 10 years of service? The central government has implemented EPS, 2026, replacing older pension schemes. Key provisions remain intact, but questions about eligibility for employees leaving before 10 years persist. Here's what the new rule...
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Yen at record low: Should Indian investors be worried? Experts weigh in The yens weakness is not just a Japan story. For Indian investors, the impact is mostly indirect. While short-term volatility may rise if global carry trades unwind, experts agree that disciplined long-term investing rem...
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EPS-2026 replaces EPS-95: Does the ₹1,000 minimum pension continue? Here's what has changed The Centre has introduced the Employees' Pension Scheme (EPS), 2026, replacing older versions. While procedural changes have been made, the minimum monthly pension remains fixed at ₹1,000, unchanged since 2014.
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Bajaj Auto's ₹5,632 crore buyback: How will your buyback proceeds be taxed? Bajaj Auto's ₹5,632.8-crore share buyback will be taxed under the new capital gains framework that came into effect on April 1, 2026, changing how shareholders report and pay tax on shares accepted in the buyback.
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Mis-sold insurance? How to challenge a forced insurance policy sold as an FD If an insurance policy has been issued without informed consent or through misrepresentation, the policyholder has the right to challenge the transaction.
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8th pay commission: Here's how much minimum estimate of 1.83 fitment factor can hike salaries for employees 8th pay commission: With discussions underway, we calculate how much of a salary hike the minimum estimate of 1.83 fitment factor could provide for central government employees and pensioners. Here's a look
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Why every loan default deserves a different recovery strategy AI and behavioural data can help lenders tailor debt recovery to each borrower's circumstances-improving repayments while replacing aggressive collections with more empathetic engagement.
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How ITR will decide motor accident compensation: SC issues new guidelines for salaried, self-employed and non-filers The Supreme Court clarified income assessment for motor accident compensation, addressing salaried and self-employed individuals, and non-filers. Details here.
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Income tax refund: Why you may receive less than the amount claimed in your ITR The refund amount calculated while filing your ITR is not always the amount you'll receive. Here's why the Income Tax Department may issue a lower refund after processing your return and what you should do if the...
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EPFO reforms 2026: 20-day claim settlement, real-time tracking and key changes explained Digital-first shift transforms retirement services. EPFO reforms under the new 2026 social security schemes introduce strict 20-day claim settlement timelines, real-time tracking, and digital compliance, improving transp...
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How to verify and reconcile stock market transactions in AIS before filing your ITR Annual Information Statement (AIS) stock market transaction reconciliation helps taxpayers ensure accurate ITR filing by matching broker records with AIS data. It improves capital gains accuracy, prevents errors and supp...
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EPFO extends outage for the third time, here's when PF services will resume EPFO has extended its ongoing system migration for the third time, delaying the restoration of online member and employer services until July 3. The prolonged outage continues to affect PF claim filing, passbook download...
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Top 5 mutual funds in India by AUM: Returns comparison over 1, 3 and 5 years The countrys biggest mutual fund scheme by assets under management (AUM), Parag Parikh Flexi Cap Fund, manages over ₹1.41 lakh crore in assets. It is followed by HDFC Balanced Advantage Fund, which is the second-bigges...
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Sebis pump-and-dump crackdown: 5 ways to protect yourself from stock market scams To avoid stock scams, verify information, consult certified advisors, and focus on disciplined investing. Beware of unsolicited tips, unusual price movements, and FOMO tactics. A diversified portfolio can protect against...
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New vs old tax regime: How much tax do you pay on a ₹25 lakh salary? Choosing the right tax regime can significantly reduce your tax outgo. Here's a comparison of the tax liability on a ₹25 lakh annual salary under both the new and old tax regimes, and when each one makes sense.
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Gold, silver prices today, 2 July: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata Gold and silver prices today, 2 July: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
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EPF Scheme 2026: New rules on withdrawal, eligibility and limits explained EPF Scheme 2026: Here are the new withdrawal rules, eligibility, limits and conditions to help EPF members understand partial withdrawals under the revised framework.
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ITR filing 2026: Do taxpayers need to file two ITRs? The tax department answers The shift from Assessment Year to Tax Year has sparked questions about return filing obligations. A clarification from the Income Tax Department explains why taxpayers won't need to file two ITRs for the same income....
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8th Pay Commission: Key lessons from 7th Pay Commission that could influence salaries The 8th Pay Commission may reshape government salaries by taking key lessons from the 7th Pay Commission.
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