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Time of India
23-07-2025
- Business
- Time of India
$1,390 Stimulus check in 2025: Do Americans need to pay tax on the amount and who needs to apply?
Is your stimulus check in Aug tax-free? Are you eligible? Live Events When can you expect to get the money? Who needs to apply for stimulus check? How will you know you have received stimulus check? (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Millions of Americans are closely watching updates on the $1,390 stimulus payout in August 2025 as economic uncertainty stretches into the second half of the year. The stimulus payment is part of a federal relief plan which is aimed at low and middle-income households which are struggling with everyday expenses like food, rent, and utility this scheme, eligible citizens will be provided a one-time stimulus check of $1,390. This assistance has been designed keeping in mind those who are struggling with rent, ration, medicine and other essential stimulus check of $1,390 in August is completely tax-free. This means that you will not have to add this amount to your next year's income and it will not affect any benefits like Medicaid, SNAP (food stamps), or housing stimulus payment relief scheme has been specially designed for those people whose income is limited and eligibility mainly depends on your income and tax status. People in the following categories are likely to receive this payment:Single tax payers: Income up to 75000Married couples (filling jointly): Income of up to 150 000 dollarsHead of household: up to 112.5kApart from this, people who receive social security benefits, VA and Railroad Retirement beneficiaries, and families with qualifying dependents are automatically eligible for stimulus check. If you have received stimulus payments before and your income has remained stable, you are likely to be eligible this time there is no official announcement on the official date, it is expected that the stimulus checks will be sent out in mid-summer 2025. The IRS and other related agencies are working on the can get this payment in the following ways:Direct Deposit: The fastest and most convenient way, if your bank details are already with the IRS or Social Check: If bank details are not available, the check will be mailed to your Debit Card: Some beneficiaries may receive payments in the form of a prepaid people will not need to apply for stimulus check. If you recently filed a tax return or are receiving benefits from Social Security, SSDI, or SSI, you are automatically eligible. But if you have neither filed taxes nor received any benefits, you will have to apply for stimulus will soon update its 'Get My Payment' or 'Check Eligibility' tool for 2025. Through this, you can know whether:Whether you are eligible or notWhen and how your payment is being sentIf there is any problem, what is itYou can get this information by visiting the official website of IRS.

ABC News
14-07-2025
- Business
- ABC News
Live updates: Australian share market set to rise as Wall Street gains, RBA to release card surcharge review outcome
A rally on Wall Street is likely to send Australian stocks higher, while the Reserve Bank is announcing the outcome of its long-awaited payments review that will determine who picks up the cost when you swipe a debit card. We'll bring you the latest on what's happening on the markets throughout the day in our live blog. Disclaimer: this blog is not intended as investment advice.

Kuwait Times
24-05-2025
- Business
- Kuwait Times
NBK holds a chain of workshops to enhance financial awareness
Workshops in collaboration with 'Lei W Lakom' initiative KUWAIT: National Bank of Kuwait is committed to enhancing the financial knowledge of all society segments, raising their awareness in the best ways possible to protect their rights, and safeguarding their accounts and banking information. In this light, NBK launched a chain of workshops to be held all year long in collaboration with 'Lei W Lakom' initiative to spread financial knowledge, raise awareness, and provide essential pieces of advice when using digital banking platforms. This initiative comes in line with the bank's support to 'Let's Be Aware', the banking awareness campaign launched by Central Bank of Kuwait in collaboration with local banks and Kuwait Banking Association. On its part, NBK has intensified its efforts to publish awareness content on its social media platforms, in addition to assigning a specific page on its website that includes all guidelines and relevant topics. Moreover, these workshops provide pieces of advice that should be followed to avoid fraudulent actions, such as not clicking on any unknown links whether through e-mails or text messages (SMS) or WhatsApp messages or social media pages that transfer users to fake websites, as scammers design web pages like famous shopping websites, pointing to the necessity of checking URL legitimacy before entering any banking data and information. NBK also called to always check the identity of individuals or companies before disclosing sensitive information or making any transaction that requires personal information, especially with the constantly evolving fraud tactics that scammers follow, like pretending to be friends and family through WhatsApp and e-mails to steal money or pretending to be bank and official institution employees to steal banking information. NBK affirmed that it will never ask customers for personal information via e-mail, SMS or phone calls, warning of responding to such messages representing fraud attempts to steal banking or sensitive information like PINs or Debit Card passwords, unless identified. The bank also advised customers to use trusted applications only when logging in to banking services, in addition to the importance of using official websites and applications when paying bills, like logging in to official services pages through the government app Sahel, and not using Google search tool as it will show multiple pages similar to government official pages, which put users at risk of being scammed upon clicking on unverified bill-payment links. NBK also emphasized the importance of paying attention when paying any bills for any service provider and verifying the website. In the same way, users must verify online shopping websites and make sure they are securely coded using the safe https protocol. In addition, NBK called customers to keep a close eye on bank statements and transaction history, to identify any suspicious or unauthorized activity, as the latter often occur after stealing Credit Cards or personal banking information or hacking smart phones through fake apps, further calling for regularly changing passwords and not using the same one for more than one account. NBK ensures to employ all its massive efforts to communicate with customers through all its digital platforms that are the most followed locally among other banks, to support CBK's endeavors to protect customers and the economy. It is worth mentioning that NBK is a key supporter and partner in all CBK's campaigns and initiatives to increase financial and banking awareness among different society segments. As the leading financial institution in Kuwait, the bank frequently organizes various activities to raise awareness on all topics related to the banking sector, as well as organize training programs for employees to enhance their experience in fraud actions and financial crime protection.


Business Wire
21-05-2025
- Business
- Business Wire
Gonzaga University and U.S. Bank Expand Partnership With a New Debit Card Design
SPOKANE, Wash.--(BUSINESS WIRE)--Gonzaga University supporters can now show their school pride with the new U.S. Bank Visa® Debit Card with the Gonzaga University design from U.S. Bank. The card was launched on May 11, 2025, and features College Hall, the campus' oldest building. Opened in 2006, the U.S. Bank branch and ATM is located inside Gonzaga's John J. Hemmingson Center at 702 E Desmet Ave. Generously supporting the Gonzaga community, U.S. Bank provides $75,000 each year to Gonzaga's general scholarship fund. 'We're proud of our longstanding partnership with U.S. Bank, which has made a meaningful impact on Gonzaga students for two decades,' said Kara Hertz, assistant vice president of alumni and external relations. 'The new debit card design featuring our iconic College Hall is a great way for our community to show their Zag pride while supporting future scholarships.' 'We are very excited to expand the bank's connection with Gonzaga University and provide students, faculty, staff and supporters the opportunity to showcase their school spirit,' said Brian Young, U.S. Bank district manager for Eastern Washington. 'It's important for U.S. Bank to continue offering our knowledge, services and tools to the GU community. Featuring College Hall, a storied representation of higher education in Spokane, this debit card design signifies our commitment to the GU family.' Gonzaga students were included in the debit card design process by voting on their favorite among three card designs. Each student who voted received a $5 Starbucks gift card for their participation. More than 800 students cast a vote, ultimately leading to the winning design of the close-up view of College Hall and the St. Ignatius of Loyola Statue. This is the first U.S. Bank debit card design with Gonzaga University. The U.S. Bank Debit Card with the Gonzaga University design is the tenth school featured in the program, which started in 2020. So far, more than 100,000 customers have chosen to show their school pride right on their debit card. The new cards can be ordered through by using the award-winning U.S. Bank Mobile App, or when visiting a local branch. From industry-leading video banking options to friendly, reliable in-person service, U.S. Bank is building the bank of the future by combining digital technology with a human presence. About U.S. Bancorp U.S. Bancorp, with approximately 70,000 employees and $676 billion in assets as of March 31, 2025, is the parent company of U.S. Bank National Association. Headquartered in Minneapolis, the company serves millions of customers locally, nationally and globally through a diversified mix of businesses including consumer banking, business banking, commercial banking, institutional banking, payments and wealth management. U.S. Bancorp has been recognized for its approach to digital innovation, community partnerships and customer service, including being named one of the 2025 World's Most Ethical Companies and one of Fortune's most admired superregional banks. Learn more at Deposit products are offered by U.S. Bank National Association. Member FDIC. The U.S. Bank Visa® Debit Card is issued by U.S. Bank National Association, pursuant to a license from Visa U.S.A. Inc. About Gonzaga University Gonzaga University, established in Spokane, Wash. in 1887, is a nationally ranked liberal arts institution that educates students for lives of leadership and service for the common good. In keeping with its Catholic, Jesuit, and humanistic heritage and identity, Gonzaga models and expects excellence in academic and professional pursuits and intentionally develops the whole person – intellectually, spiritually, culturally, physically and emotionally. Gonzaga offers 16 undergraduate degrees through 53 majors, 68 minors and 73 concentrations; 23 master's programs; and five doctorate degrees, through the College of Arts and Sciences and six schools: School of Business Administration, School of Education, School of Engineering and Applied Science, School of Health Sciences, School of Leadership Studies, and School of Law.


Qatar Tribune
18-05-2025
- Automotive
- Qatar Tribune
Buy BMW digitally: QIB partners with Alfardan on Auto Marketplace
Tribune News Network Doha Qatar Islamic Bank (QIB), Qatar's leading digital bank, has announced the addition of Alfardan Automobiles, the exclusive and official importer for BMW in Qatar to its recently launched Auto Marketplace. This cutting-edge platform, integrated with the QIB Mobile App, revolutionizes the car buying process by digitally connecting customers with car dealers seamlessly and efficiently. This partnership has been celebrated in a ceremony at Alfardan Automobiles BMW - West Bay Showroom, in the presence of representatives from QIB and Alfardan Automobiles. The Auto Marketplace offers customers a seamless, end-to-end car buying journey through the QIB Mobile App. With this feature, customers can effortlessly browse a wide range of available luxurious vehicles from Alfardan Automobiles, explore detailed listings, and select the car that suits their preferences. Once a vehicle is chosen, users can easily book a test drive directly through the App, ensuring a hassle-free experience. Additionally, the Auto Marketplace simplifies the financing process by allowing customers to instantly secure financing options within the same platform. From browsing to financing and finalizing the purchase, the entire car buying process is streamlined and accessible, offering unparalleled convenience and efficiency. D. Anand, General Manager of QIB's Personal Banking Group, said: 'We are pleased to partner with Alfardan Automobiles as part of our efforts to expand the Auto Marketplace. This collaboration reflects our ongoing commitment to offering customers more accessible and efficient digital solutions. By bringing premium brands like BMW onto the platform, we continue to enhance the car buying journey through the QIB Mobile App, making it easier, faster, and entirely digital. Together, we are offering our customers a unified and efficient experience —all through the QIB Mobile App.' Ayman Berjawi, General Manager of Alfardan Automobiles, said: 'Partnering with QIB on the Auto Marketplace reflects our shared vision of enhancing the customer journey through digital innovation. By integrating our range of BMW vehicles into the platform, we're providing customers with a convenient and accessible way to explore, finance, and purchase their next car — all within a single, seamless experience.' Available on 'App Store', 'Google Play', and 'Huawei AppGallery', customers can download the QIB Mobile App and easily self-register using their Debit Card App offers customers the ability to have full control of their accounts, cards, and transactions, and to fulfill all their banking requirements remotely. New customers can open their first banking account with QIB instantly. Existing QIB customers can open additional accounts, instantly get personal financing or a Credit Card, all via the QIB Mobile App.