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2 mins read

Finance Ministry should identify high risk taxpayers in GST composition scheme: CAG

The Comptroller and Auditor General (CAG) has asked the Finance Ministry to identify high risk taxp…

PTI   


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3 mins read

Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams

There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…

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2 mins read

Revamped income tax portal: Five new features we like the most

The new and revamped income tax portal is here and a visit shows a completely new look design which…

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1 min read

Biden says taxpayers won't bail out Silicon Valley Bank and the people responsible for its collapse will be held accountable: 'No one is above the law'

President Joe Bien said the bank's investors "knowingly took a risk" that didn't pay off and lost t…

Sindhu Sundar   


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4 mins read

SVB solution ensures taxpayer dollars are not put at risk: President Biden

The US President, Joe Biden, assures the American people and businesses that a resolution of the co…

PTI   


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Taxpayers’ Charter — What the Income Tax department expects from you and what it promises in return

Prime Minister Narendra Modi launched India’s new taxpayer charter today with the hopes that more t…

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2 mins read

India's new tax charter promises 'faceless' scrutiny — Here's what that means

Prime Minister Modi has pushed for reforms with a new tax charter that aims to reward honest taxpay…

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3 mins read

3,500 student-loan borrowers got $109 million in debt wiped out after being 'cheated' by their schools. Top Democrats want relief for taxpayers, too.

After student-loan borrowers from Ashford and University of Phoenix got debt relief, leading Democr…

Ayelet Sheffey   


Katherine Long,Jack Newsham   


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Biden seems closer than ever to deciding on student-loan forgiveness — and Republicans are worried it might actually happen

Biden made clear that a decision on student-loan forgiveness would be made in the coming weeks. Rep…

Ayelet Sheffey   


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3 mins read

Taxpayers won't have to foot the bill when colleges shut down anymore — but neither will the schools' top executives, Biden's Education Department says

When a school closes, like ITT Tech in 2016, students have debt but no degree. In the past, taxpaye…

Ayelet Sheffey   


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2 mins read

41% income taxpayers yet to file IT return, 10% facing tech glitches

As the deadline to file Income tax returns inches closer, 41 per cent of Indians who qualify to fil…

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3 mins read

Some taxpayers waited 6 months or more for their refund checks in 2022, as the IRS still chips away at its mountain of paper

The IRS continued to struggle with a pile of unprocessed tax returns in 2022, but things will proba…

Juliana Kaplan   


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3 mins read

Popular Medicare Advantage plans have 'clear cases of overpayments and improper billing of US taxpayers,' advocates and analysts say

Medicare enrollment ends December 7. Critics say the popular Medicare Advantage plans are costly.

Jason Lalljee   


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11 mins read

The CDC’s response to COVID was a disaster. Can Silicon Valley get it right?

The booming pandemic-tech industry is attracting billions from VCs. Can a Silicon Valley-style disr…

Adam Rogers   


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2 mins read

NYC mayor says it'll cost taxpayers $1 billion to care for the thousands of migrants Texas Gov. Abbott is busing in

New York City Mayor Eric Adams declared a state of emergency, saying the city is on the "edge of th…

Natalie Musumeci   


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3 mins read

Striking chart shows UK taxpayers foot a hefty bill for the Queen

Public funding for the official duties of the Queen and other working royals has nearly tripled sin…

Hannah Beckler   


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2 mins read

New transport minister gave nearly £10,000 of taxpayer cash to unnamed business through MPs expenses

Karl McCartney, the Conservative MP for Lincoln, has claimed more than £40,000 of expenses for work…

Henry Dyer   


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Prince Harry's lawyer says the Queen's aide helped the UK government strip him of taxpayer-funded security

In court on Thursday, Prince Harry's lawyer said there have been "significant tensions" between the…

Mikhaila Friel   


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2 mins read

New income tax filing portal will be launched on June 7 — the existing one will be suspended from June 1

The Income Tax Department will launch a new income tax filing portal on June 7.