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Location American Market News for 27 July 2026
EPF Calculator: ₹25,000 basic pay can build corpus of over ₹1.12 crore in 30 years - Here's how An employee earning a basic salary of ₹25,000 can accumulate an estimated EPF corpus of ₹1.12 crore over 30 years. Monthly contributions, annual salary hikes and the power of compounding together build long-term reti...
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Supreme Court rules vehicle's mere presence is not enough for motor accident compensation SC says compensation under the Motor Vehicles Act cannot be awarded merely because a vehicle was part of the sequence of events. Claimants must establish a credible causal link between the use of the vehicle and the deat...
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How investors can benefit from India's push to reduce import dependence India's push to reduce external dependence presents a long-term investment opportunity. Experts suggest focusing on structural reforms, strong management, and business fundamentals, rather than short-term policy anno...
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The EPF reform gives employers a chance to rethink retirement architecture The EPF reform is more than a payroll change. It gives employers an opportunity to redesign retirement benefits by combining EPF's stability with NPS's growth potential and tax efficiency.
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EPFO annual report: bigger corpus, faster claims, but challenges persist EPFO's corpus has swelled to ₹28.4 trillion and claim settlements hit a record in FY25, but rising pension payouts, persistent grievances and thinner investment yields pose fresh challenges.
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Funding your spouse's PPF account? Tax expert explains how Section 80C rules apply Funding your spouses PPF account can help you claim a Section 80C deduction of up to ₹1.5 lakh, provided the contribution comes from your own income. Tax treatment, ownership rules, clubbing provisions and practical po...
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Bombay HC rules housing loan interest cannot reduce motor accident compensation; family gets ₹17.58 lakh more Bombay High Court says housing loan interest claimed under the Income-tax Act cannot reduce compensation payable in motor accident cases. The court enhanced the family's compensation by ₹17.58 lakh and clarified wh...
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Will my FCNR deposit stay tax-free after I return to India? Experts explain whether FCNR deposit interest remains tax-free after returning to India and whether a five-month stay in India triggers tax residency under current rules.
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ITR filing 2026: Sitharaman asks tax officials to let honest taxpayers correct genuine mistakes As the July 31 ITR filing deadline nears, Finance Minister Nirmala Sitharaman has urged tax officials to let honest taxpayers correct genuine mistakes. She also outlined the 5Rs of responsive tax governance and called fo...
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EPFO auto refund: 1.18 lakh dormant PF accounts verified; no claim needed for balances up to ₹1,000 The Labour Ministry has completed bank verification for 1.18 lakh dormant EPFO accounts under its auto-refund pilot. The system is expected to be ready by August-end, allowing eligible subscribers to receive their PF mon...
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Gold, silver prices today, 27 July: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata Gold and silver prices today, 24 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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ITR filing deadline 2026: Only 5 days left till 31 July - Key things taxpayers must know ITR filing deadline 2026 is just five days away for salaried taxpayers, pensioners and investors. Here's who must file by 31 July, key due dates, essential verification steps, filing checklist and practical tips to a...
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When should you pause your SIP? Experts explain when it makes sense and when it doesn't Experts say pausing a SIP should be driven by financial emergencies such as job loss or medical expenses, not market volatility. Here's when it makes sense to hit pause and when staying invested could work in your fa...
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8th Pay Commission: Top 5 latest official updates central government employees and pensioners must know The 8th Pay Commission is holding stakeholder meetings and consultations. Central government employees can track key developments and submission deadlines before recommendations on salaries, pensions and allowances are f...
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