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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…
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
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
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
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
Meet the millionaires next door
Six millionaires explain the lifestyles and philosophies that helped them grow their net worths fro…
Noah Sheidlower
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…
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
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…
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
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
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
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…
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
President Biden's new budget wants to bring back the child tax credit and make sure Americans don't face Social Security cuts all while taxing billionaires and big companies more
President Joe Biden's latest budget proposal would expand the child tax credit and create a paid-le…
Juliana Kaplan,Ayelet Sheffey
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
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
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 …
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
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…