What ‘minimum due’ really costs credit card users
Some credit card users who rely on autopay say they have found their payment settings switched to the minimum due without their knowledge. Here’s what your credit card isn’t telling you.
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This family sold its business for $1.7 billion and rewarded 540 factory workers with a $240 million gift
A small-town family business in the US has created headlines after sharing a massive part of its sale proceeds with its workers. Fibrebond, a Louisiana-based electrical equipment company, was sold for $1.7 billion, and former owner Graham Walker ensured that 540 employees received a combined $240 million from the deal. The payout means each full-time…
Mutual fund delivered 15% CAGR? Why your returns may still be lower
Suppose you invested in a mutual fund that delivered 15% annualised returns over the past five years. But when you calculated your own returns, they were closer to 10%. It may seem like the fund underperformed, but experts say that is often not the case. The difference usually lies in what the mutual fund earned…
ETF market price vs NAV: Why some funds trade at a 20% premium while others stay close to fair value?
If you have ever invested in an ETF, you may have noticed that it displays two values—a market price and a net asset value (NAV). Unlike other mutual funds, where investors transact only at the NAV, ETFs are bought and sold on stock exchanges throughout the day at market prices. The NAV represents the per-unit…
Unique Picks: 7 stocks held by a single MF scheme in June; rally up to 120% in 3 months – Exclusive MF Holdings
ETMarkets analysed mutual fund portfolios to identify stocks held exclusively by a single mutual fund scheme. In the initial screening for June 2026, 184 such stocks were identified. The list was then narrowed to stocks with equity mutual fund holdings worth more than Rs 10 crore as of June 2026, resulting in a final shortlist…
CBDT’s foreign income-asset disclosure scheme for small taxpayers: How much income tax do you actually have to pay?
A new one-time disclosure scheme for small taxpayers starts on 16 August, according to the Central Board of Direct Taxes (CBDT). Eligible taxpayers can now declare their undisclosed foreign assets or income until 31 December 2026. This grants immunity from penalties under the Black Money Act. The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026,…
Filed your ITR? Don’t miss this final step or your income tax return may be treated as invalid
Filing an Income Tax Return (ITR) before the deadline is important, but many taxpayers overlook the equally important step of e-verification. However, filing the return alone does not complete the tax filing process. Unless the return is verified within the prescribed time under the Income-tax Act, it may be treated as an invalid return, effectively…
