From finfluencer crackdown to F&O stock entry, exit tweaks, top 10 decisions from Sebi board meeting

From finfluencer crackdown to F&O stock entry, exit tweaks, top 10 decisions from Sebi board meeting

The Securities and Exchange Board of India (Sebi) board held a meeting on June 27, Thursday and approved some major policy shifts including the exit and entry criteria for stocks in derivatives segment and tightening rules around finfluencers. ETMarkets has summarised key announcements made by the market regulator. Here are top 10 Sebi announcements: 1) … Read more

Little-known tax deductions you may be able to claim

Little-known tax deductions you may be able to claim

A new financial year ticks over on Monday, and with it comes time to prepare your tax return. While some deductible expenses such as your work phone are common knowledge, there are other expenses you might not know you can claim. Some clothing items required explicitly for work may be eligible, including occupation-specific clothes or … Read more

You need a 6-figure down payment to have an ‘affordable’ mortgage in these US cities: report

You need a 6-figure down payment to have an ‘affordable’ mortgage in these US cities: report

Katlyn Brieskorn, Nick Jachim Updated: Jun 27, 2024 / 09:01 AM CDT (WFLA/NEXSTAR) — Buying a home has always been a major investment, but now for the average American, their down payment may be more money than they were expecting. An analysis from Zillow shows U.S. citizens who make the median household income, ($74,580, according … Read more

How much extra cash you can expect when tax cuts begin on July 1

How much extra cash you can expect when tax cuts begin on July 1

Changes set to come into effect from Monday will mean more money in the pockets of most Australian taxpayers. Stage 3 tax cuts were finalised in May’s federal budget, as well as a number of measures to combat the rising cost of living. Under the stage 3 tax cuts, taxpayers will receive an average tax … Read more

Single parents have just days to report income changes to Centrelink before tax time

Single parents have just days to report income changes to Centrelink before tax time

Single parents paying child support, who are now earning significantly less money than they were last year, have just days to update their Centrelink income estimates. Those who don’t make the change online by June 30 may be asked to pay a higher rate of child support for the upcoming financial year, based on their … Read more

Capital gains changes have Canadians rushing to get ‘affairs in order’ – National

Capital gains changes have Canadians rushing to get ‘affairs in order’ – National

Canadians are scrambling to get their “affairs in order” as controversial changes to how capital gains are taxed are set to go into effect on Tuesday, accountants say. The changes, which have received pushback from business groups and doctors, will increase the inclusion rate for taxable capital gains from 50 to 67 per cent for … Read more

Costly detail in receipt at Australian restaurant sparks outrage

Costly detail in receipt at Australian restaurant sparks outrage

A disgruntled Aussie diner expressed their concern this week, after they said they copped a $4 surcharge on their bill. They said no signs explaining the additional fee were visible anywhere in the store, a trend they believe appears to be becoming more common. Two serves of beef pepper rice and a Pepsi Max set … Read more

Armaguard gets $50 million bailout to keep cash moving

Armaguard gets  million bailout to keep cash moving

Cash transport company Armaguard has secured its short term future after locking in a $50 million deal with its largest customers. The agreement, funded by Commonwealth Bank, Westpac, NAB, ANZ, Coles, Woolworths, Bunnings and Australia Post, means Armaguard will receive monthly payments in exchange for efficiency and restructuring requirements. Those monthly payments will also come … Read more

More than $234 million sitting unclaimed by NSW residents

More than 4 million sitting unclaimed by NSW residents

More than $577 million is currently sitting unclaimed by Revenue NSW, with about $234 million of that designated as belonging to residents who have yet to claim it. The NSW Government returned more than $21.8 million in unclaimed funds during the last financial year, setting a record. Unclaimed funds are comprised of payments, refunds, unpresented … Read more

Westpac launches pay with Altitude Points credit card scheme

Westpac launches pay with Altitude Points credit card scheme

Westpac customers can now use their Altitude Points for credit card purchases, in a first for Australian banking. The bank’s new pay with points program allows customers to use their points as money when paying with their Mastercard, without needing to go through the normal redemption process. Customers can now see their points on the … Read more