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2 mins read

Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary

​​Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…

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2 mins read

India's strong economic recovery is led by fiscal expenditure: DSP MF

India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…

ANI   


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2 mins read

Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman

According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…

PTI   


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3 mins read

Elon Musk is a Trump win away from serious federal power

Former President Donald Trump is taking a page out of Elon Musk's book, announcing a plan to create…

Ayelet Sheffey,Brent D. Griffiths   


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3 mins read

Wyoming, Delaware, and Montana are the most entrepreneurial states of 2024 so far. It might be due to business-friendly taxes.

Wyoming, Delaware, and Montana lead the US in new business formations this year. Cheap costs and fa…

John Towfighi,Juliana Kaplan   


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6 mins read

Meet the millionaires next door

Six millionaires explain the lifestyles and philosophies that helped them grow their net worths fro…

Noah Sheidlower   


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3 mins read

India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters

India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…

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3 mins read

GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums

O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…

PTI   


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4 mins read

RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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5 mins read

A Gen Xer who retired early at 34 returned to work a decade later. He only lasted 4 months.

Sam Dogen retired early at 34 and returned to work after a decade, but the micromanagement and stre…

Noah Sheidlower   


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6 mins read

Everything you wanted to know about the market meltdown but were too afraid to ask

We're only six days into the month, but investors are probably already sick of August after another…

Dan DeFrancesco   


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2 mins read

Bumper corporate profits helped prevent mass layoffs and a recession, says leading economist

Big corporate profits led to employers retaining workers, which helped shore up spending and preven…

Theron Mohamed   


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4 mins read

All you need to know about Ola Electric's IPO: Should you subscribe or not?

With a price band of Rs 72–76 per share, only 10% of the issue is available for retail investors. I…

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1 min read

Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine

Putin is widely expected to coast to reelection, after which Bloomberg reported that the country co…

Yuheng Zhan   


Juliana Kaplan,Ayelet Sheffey   


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2 mins read

The IRS's free tax filing system is officially open. Here's everything you need to know.

The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…

Allie Kelly   


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2 mins read

India-US agrees to extend 2% digital tax on e-commerce supplies until June 30

On Oct 8, 2021, both countries joined 134 other members of the OECD/G20 Inclusive Framework (includ…

ANI   


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1 min read

GST Council likely to levy 18% tax rate on corporate guarantees for loans

The GST Council is likely to introduce an 18 per cent tax rate on corporate guarantees extended by …

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12 mins read

The shadowy new way employees are cheating their way to the top

Across the globe, a wave of workers are secretly outsourcing parts or all of their jobs.

Rob Price   


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3 mins read

A Nobel-winning economist told us 3 ways a Trump presidency could make inflation worse

Inflation has slowed but is above its ideal rate. Nobel Prize-winning economist Joseph Stiglitz bro…

Madison Hoff