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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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1 min read

Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department

The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…

PTI   


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7 mins read

SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it

Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…

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7 mins read

SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how

It's no secret that futures and options see extreme risks, with most traders losing money regularly…

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5 mins read

I have 6 short-term rental properties. People think real estate is passive income, but I disagree.

Kerri Gibson quit her tech job in 2017 and pivoted into real estate investment. Instead of being a …

Charissa Cheong   


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5 mins read

8 of the savviest loopholes wealthy investors use to reduce or avoid capital gains tax

Some of these strategies allow investors to completely avoid paying taxes on their gains.

Laila Maidan   


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3 mins read

Attention! Here's what's changing with your PPF, F&O trading, and buybacks, starting today!

The interest rates on various small savings schemes were left unchanged by the Finance Ministry for…

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2 mins read

Income Tax Department seizes record ₹1,100 crore cash and jewellery in Lok Sabha elections 2024

As per the sources, by the end of May 30th, the department had seized approximately Rs 1100 crore w…

ANI   


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3 mins read

Made a mistake while filing tax returns? Here’s how to file a revised ITR

The process of revising a tax return involves making necessary updates and corrections to a previou…

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3 mins read

Changed your job in the last financial year? Here’s how to get your tax filing in place

If you have changed your job recently, any time before 31 March 2023, you need to be more careful w…

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3 mins read

IT department releases ITR 1 and ITR 4 offline forms ahead of time

The Indian Income Tax Department has released offline utilities for ITR Forms 1 and 4 that can be u…

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2 mins read

Nike's incoming CEO will make $27 million — over $2 million less than his predecessor

Elliott Hill, a veteran employee at Nike, is returning to the company. But he'll earn over $2 milli…

Lian Kit Wee   


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4 mins read

The top 5% will benefit from Trump's tax plans while the rest of America pays more, a new analysis says

Trump's proposed tariffs could hurt lower earners' wallets, while extending the former president's …

Juliana Kaplan,Ayelet Sheffey   


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3 mins read

Last-minute rush: 5 things to do before March 31

March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…

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3 mins read

A new housing plan wants to give middle-class Americans the kind of support typically reserved for low-income households

The HOMES Act would cap rent at 25% of tenants' incomes, and offer homebuyers affordable mortgages.

Eliza Relman,Juliana Kaplan   


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3 mins read

Oregon businesses are spending millions to oppose a ballot measure that would give every resident a $1,600-a-year basic income

Oregon businesses have spent millions to oppose a ballot measure that would establish a corporate t…

Kenneth Niemeyer,Katie Balevic   


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2 mins read

The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.

Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…

Lakshmi Varanasi   


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3 mins read

Budget 2024: Tax alterations affecting stock markets — capital gains tax, STT on F&O, and more

Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…

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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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2 mins read

One in four taxpaying citizen yet to file IT returns with 3 days to deadline

Revenue Secretary Sanjay Malhotra said last week that the possibility of extending the deadline for…