2027 IRS STANDARD DEDUCTION AMOUNTS
CBSE Marks Bifurcation 2027: Class 10, 12 students, check how marks will be divided between theory papers, practicals and internal assessments
The Central Board of Secondary Education (CBSE) has released the subject-wise marks bifurcation for Class 10 and Class 12 board examinations 2027 for the 2026-27 academic session. The notification details how marks will be divided between theory papers, practical examinations, project work and internal assessments across different subjects. Students can check the CBSE marks distribution PDF to understand subject-wise weightage, theory exam duration and practical assessment requirements ahead of the board examinations.
US Navy Blue Angels fires pilot, team flies five instead of six jets during homecoming show: Who is Scott Laux and why was he removed?
Marine Corps Major Scott Laux has been taken off the Navy's Blue Angels squadron. He had been serving as the number 6 opposing solo since September 2024. His removal means he will miss the rest of the season's performances, although the Blue Angels plan to proceed with their shows, wrapping up on November 7.
FD rate up to 8.6% for senior citizens investing for five years; know the list of banks
Senior citizens can invest in fixed deposits with interest rates reaching up to 8.6%. Suryoday Small Finance Bank leads with these attractive rates for a five-year term. Jana Small Finance Bank follows, offering an 8% interest rate on similar deposits.
CBSE Date Sheet 2027: Class 12, 10 subject-wise exam dates and timings, download PDF here
CBSE 2027 board exam date class 10, 12 subject wise PDF: The Central Board of Secondary Education (CBSE) has released the date sheet for the Class 10 and Class 12 board examinations 2027. The examinations for both classes will begin on February 16, 2027. Students can download the complete subject-wise examination timetable here.
IRS releases 2027 tax brackets: How new income tax rates and standard deductions for single, married and senior filers could affect your tax bill
Tax brackets 2027: The IRS has raised all seven federal income tax bracket thresholds for 2027 and increased the standard deduction for single, married and head-of-household filers. The changes also include higher capital gains limits, a larger Child Tax Credit and additional tax breaks for eligible seniors.
Dhanteras 2026: Buying gold today? Here's how to choose between jewellery, coins, ETFs and SGBs
Gold remains a popular Dhanteras purchase, but buying it for personal use is different from investing in it for returns. Physical gold, jewellery, coins, gold ETFs and Sovereign Gold Bonds come with varying costs, liquidity, storage requirements and tax implications. Here’s a look at the different investment options and why gold ETFs may offer greater efficiency for investors.
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Incorrect HRA or deduction claims? How Section 270AA may offer relief from 200% penalty
Incorrect tax claims may expose taxpayers to a 200% penalty for misreporting and prosecution in appropriate cases. Section 270AA offers conditional relief upon prescribed payments. For indefensible claims, this route may be preferable to litigation, subject to eligibility.
Passenger wins Rs 3,100 after taking IRCTC to court over just Re 1; Kerala man challenges train ticket refund shortfall; consumer court delivers verdict
A Kerala passenger won Rs 3,100 in compensation after taking IRCTC to the consumer commission over a Re 1 shortfall in a cancelled train ticket refund. The Kasaragod commission termed the shortfall a deficiency in service. Meanwhile, Indian Railways revised its confirmed ticket cancellation and refund rules in March 2026.
Warren Buffett’s retirement income strategy: How a 90/10 rule could help a 65-year-old turn $600,000 into monthly income
For a 65-year-old with a traditional IRA of $600,000, adopting Warren Buffett’s 90/10 investment strategy is a practical choice. This approach allows for a balanced monthly withdrawal that integrates Social Security and IRA funds. By allocating 90% to S&P 500 index funds and 10% to Treasury bills, one can ensure withdrawal stability.
India’s solar components market to more than double to $7.8 billion by March 2028: CEEW
India's market for solar module components is projected to exceed $7.8 billion by March 2028. This growth is primarily driven by increased domestic manufacturing capacity and rising demand. Planned expansions of production facilities are crucial for meeting anticipated requirements. Additionally, ensuring consistent quality and reliable supply chains will enhance competitiveness against imports. The study emphasizes the importance of clear standards and regulations for the solar components industry.
Qualcomm signs major 5G infrastructure deal with SpaceX for Starlink Mobile network
Qualcomm said the equipment would provide a flexible foundation for a multi-band network, which can be deployed in stages. The initial rollout will focus on terrestrial 5G, with the architecture designed to accommodate developments in connectivity and network intelligence.
15+ features of India's first Bullet Train: Not just 280 kmph speed, check its interiors, passenger facilities and advanced technology
India's first indigenous bullet train, B28, is designed to run at an operational speed of 249 kmph and a testing speed of 280 kmph. With eight coaches and a passenger capacity of around 557, it will feature Wi-Fi-based infotainment, multilingual information screens, ergonomic seating and modern safety systems. Trial runs on the Mumbai-Ahmedabad corridor are targeted for May-June 2027.
Did we gain or lose an hour? Did time change last night? Here's what to know about Daylight Saving Time 2026
Daylight saving time officially ended on November 1, 2026, resulting in an extra hour for Americans. Clocks were set back one hour at 2am, marking the transition to standard time. While some states want to end this clock-changing practice, Congress has not yet made a decision. The Sunshine Protection Act, aimed at making daylight saving time permanent, is still pending in the Senate.
Paris Jackson net worth: How rich is Michael Jackson’s daughter as she seeks $600 million from father's estate after 17 years?
Paris Jackson has approached a Los Angeles court seeking a $600 million transfer from her late father Michael Jackson's estate to a family trust meant for her and her two brothers. She argues that the trust has remained unfunded for more than 17 years despite the estate generating billions of dollars. The estate has disputed her allegations, citing ongoing legal issues with the IRS.
Buying gold on Dhanteras? 7 things you must check before paying the jeweller
Buying gold on Dhanteras and Diwali is a significant tradition observed in many Indian households. It is essential to check several factors, including purity, weight, and gold rates, before making a purchase. Understanding making charges and the jeweller’s buyback policy can also affect the decision.
Why Paris Jackson is seeking $600 million from Michael Jackson’s estate nearly 17 years after his death
Paris Jackson has filed a petition for a $600 million transfer to the Michael Jackson Family Trust. She claims that the estate's executors have not followed the distribution schedule set in Jackson's will. Legal disputes have prevented the full funding of the trust and reduced payments to beneficiaries. The estate representatives deny Paris's allegations and note that over $200 million has been distributed thus far.
Harley-Davidson Sprint 440 unveiled at EICMA 2026, that looks like Royal Enfield 350: Check engine, features, specifications and colours
Harley-Davidson has unveiled the Sprint 440 at EICMA 2026, introducing a new entry-level motorcycle developed with Hero MotoCorp. The 440cc model produces 27 hp and 38 Nm of torque and features a TFT display, dual-channel ABS and a 671 mm seat height. Global market launches are scheduled to begin in 2027.
How much will your Medicare premium rise in 2027 and how much of your Social Security raise will you actually keep?
The standard Medicare Part B premium may go up by $6.60 a month next year. That is far smaller than the jump in 2026. Still, for people living on Social Security, even a small rise matters, because the premium usually comes out of the monthly check.
Social Security November payments twist: Millions of Americans could see an unexpected change to their Wednesday checks this year
Mark your calendar if you were born between the 1st and 10th. Your Social Security payment for November will arrive on Tuesday, November 10, not Wednesday. Veterans Day falls on November 11, a federal holiday with banks shut. This is the only date change in 2026.
Mumbai-Ahmedabad bullet train can travel at 249 kmph speed carrying up to 1,114 passengers with two 8-coach trains joined to form a 16-coach train; free Wi-Fi for passengers
India's first indigenous bullet train to run between Mumbai and Ahmedabad. Named as B-28 or Bharat 28, the train is nearing a crucial manufacturing milestone at BEML's Bengaluru facility. The eight-coach train will carry 557 passengers, operate at 249 kmph and feature Wi-Fi, accessible toilets and regenerative braking. Test runs are planned for 2027, with commercial operations targeted for August.
Explained: Why gold investors should tone down expectations as yellow metal plunges to a 1-year low
Gold has fallen more than 30% from its January record high, with rising oil prices, inflation concerns and expectations of further Fed rate hikes adding to pressure. Analysts remain cautious about a near-term recovery, even as major banks retain bullish forecasts for 2027.
Delhi techie couple donates Rs 50 to political party, claims Rs 40 lakh ITR deduction, evades Rs 5.3 crore income tax, faces IT probe
A Delhi-NCR techie couple allegedly claimed Rs 40 lakh in tax deductions after donating just Rs 50 to a political party. An Income Tax Department probe uncovered fabricated donation receipts, a ChatGPT-generated Yale education loan certificate, bogus housing loan claims and undisclosed rental income, estimating tax evasion of Rs 5.3 crore over five years.
US green card applications face new tax scrutiny; unpaid dues could affect approval and US citizenship
In a move affecting green card applications, the US Citizenship and Immigration Services has altered its stance on tax compliance. Unpaid taxes and unfiled returns could jeopardise an applicant's chances of approval, as immigration officers will closely evaluate tax history. This change extends to US citizens sponsoring relatives and has sparked legal disputes about its conformity to existing regulations.
Odoo 20 strengthens business operations with deeper India-specific compliance features
Odoo 20 has launched several updates designed specifically for Indian businesses. These updates focus on enhancing GST compliance, payroll processing, and accounting workflows to meet local demands. The integration of AI facilitates improved data handling and analysis in everyday operations, ultimately boosting productivity.
RBI hikes FRB 2034 interest rate to 7.26%: How much can you earn on Rs 5 lakh investment?
The Reserve Bank of India has declared a new interest rate of 7.26% per annum for the Government of India Floating Rate Bond 2034, reflecting an increase from the earlier rate of 6.45%. This updated rate will be effective from October 30, 2026, to April 29, 2027, allowing investors to earn more on their six-monthly coupon payments.
Why is your Social Security taxed, and how much can you save? 5 ways to cut the bill and keep more retirement income
Many American retirees pay federal taxes on their Social Security benefits, even after spending decades contributing to the system. For people living on a fixed income, these taxes can leave less money for everyday expenses. The good news is that retirement planning can also help reduce the amount owed. Here are five ways to manage your income and potentially lower the federal taxes on your Social Security benefits.
IRS is sending up to $5,000 per adopted child - could your family qualify?
The IRS has started sending adoption tax credit refunds of up to $5,000 per child to eligible families. The payments target taxpayers with unused credits from previous years. Find out who qualifies, why the refunds are being issued automatically and when the IRS expects to complete payments by the end of 2026.
Social Security 2027 COLA set to be announced tomorrow, October 14: Here are 10 things Americans need to know
Social Security benefit increase October 14: Social Security’s 2027 COLA announcement is expected on October 14. Here are 10 key points about the projected 3.5% benefit increase, inflation data, and potential Medicare cost changes that could affect beneficiaries in 2027.
Why a raise may not push you into a higher bracket in 2026: The IRS inflation adjustment trick that many taxpayers still overlook today
When you get a raise, it is easy to worry that a bigger paycheck will push you into a higher tax bracket and leave you with less money. Fortunately, that usually does not happen. The Internal Revenue Service (IRS) updates tax brackets and deductions every year to account for inflation. These annual adjustments help protect your income from a problem known as "bracket creep."
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