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Market News

Location American Market News for 14 July 2026
ITR filing 2026: Think twice before claiming fake tax deductions - You could land in prison, face penalties Taxpayers who falsely claim deductions to reduce tax liabilities could face severe penalties, prosecution, or imprisonment. Here are the consequences if a taxpayer is found guilty.
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EPFO automates PF transfer after job switch - Does it benefit private or exempted PF trust members? EPFO simplifies the provident fund transfer process for Aadhaar-linked and KYC-compliant UAN holders by automating it, reducing paperwork. Here's whether private trust-managed funds will benefit from this new feature...
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Annapurna Yojana: Haven't you received your payment yet? 8 reasons why The first funds of the Annapurna Yojana were credited to nearly 1.1 crore beneficiaries. West Bengal's Chief Minister reported 1.6 crore applications were received, with 26 lakh rejected for various reasons.
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Bengaluru landowner sold 17 flats, made ₹11.8 crore and paid no tax - then won the tax dispute | Know how A Bengaluru resident won a tax dispute over capital gains of ₹11.8 crore from selling 17 apartments. Although the income tax department initially rejected his tax exemption claims, the ITAT ruled he could claim exempti...
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India's CPI inflation is 4.38%, but your personal inflation could be higher. Here's how to calculate it India's CPI inflation stood at 4.38% in June 2026, but your personal inflation rate may differ depending on your spending habits. Using MoSPI's category-wise inflation data, you can calculate your own personal in...
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2 crore ITRs already filed: Experts explain why you must submit your tax returns before 31 July deadline With two crore income tax returns already filed, experts advise taxpayers to complete their ITR filing before the 31 July deadline. Early submission can help avoid last-minute errors, resolve tax mismatches, claim refund...
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Why diversification-not stock picking-could define wealth creation over the next decade As markets become more volatile and leadership shifts across asset classes, investors may need to rethink portfolios built around a single source of returns.
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UPI vs Credit Cards: Experts explain how to choose right payment method for everyday spending UPI and credit cards each offer unique advantages for everyday payments. Here are the key differences, benefits, rewards, credit score impact, and practical tips for choosing the right payment method for daily spending, ...
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EPS Scheme 2026: 5 key pension benefits for a family every EPF subscriber should know The Employees' Pension Scheme (EPS) offers financial security to an employee's family through widow pension, child pension, nominee pension and dependent parent pension. 
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Got a salary hike? Here's what to check before raising your SIP amount A salary hike is a good opportunity to increase SIP amount, but investors should first review their financial goals, emergency fund and asset allocation. A disciplined annual SIP step-up of 10-15% can significantly boost...
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Baal Aadhaar Card 2026: How to apply, required documents, mandatory biometric updates and key rules for parents Check how to apply for a Baal Aadhaar card in 2026, documents required, eligibility, mandatory biometric updates at ages five and 15, enrolment process, and key UIDAI rules. 
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The quiet edge: saving more trumps the exciting habit of investing better Work out how much you can save, push that figure a little higher than is comfortable, and only then spend energy on choosing the funds. Simplicity is not a compromise but the whole point. Save a lot, keep the deployment ...
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Gold allocation rule: Divide your age by 2 to know how much gold to hold in your portfolio A simple rule of thumb is to divide your age by two to determine the percentage of your portfolio that should be invested in gold. Under this rule, a 30-year-old investor would hold 15% in gold, while someone aged 50 wou...
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IRCTC website to get major upgrade from 15 July: Faster Tatkal bookings, fewer CAPTCHAs, fare calendar and more Union Railway Minister Ashwini Vaishnaw has announced that a new and improved IRCTC website will be launched by 15 July. The upgraded portal is expected to deliver faster ticket booking, smoother navigation and several n...
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Gold, silver prices today, 14 July: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata Gold and silver prices today, 14 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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Hyderabad ITAT rules gift from mother cannot be treated as unexplained investment if source is proved The Hyderabad Income Tax Appellate Tribunal (ITAT) has ruled that a gift from a mother cannot be treated as an unexplained investment by the income tax department if the taxpayer proves the donor's identity, relation...
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ITR filing AY 2026-27: How to report Sovereign Gold Bond income correctly and avoid tax filing mistakes Taxpayers filing ITR for AY 2026-27 must correctly report Sovereign Gold Bond interest and capital gains. Check how SGB interest, maturity redemption and pre-maturity sales are taxed, which ITR schedules to use, and why ...
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8th Pay Commission: Level 1 and Level 10 salaries compared under 2.1, 2.5 and 3.0 fitment factors The 8th Pay Commission's fitment factor will determine future salary and pension revisions for government employees. Here's how different fitment factor scenarios could impact basic pay, allowances and overall ea...
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