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Two police personnel posing as Income Tax officers held for bid to extort Delhi businessman
Two police personnel, allegedly impersonating income tax officials, were arrested by the Delhi Poli…
ANI
CBDT forms committee for IT Act review; 'sunset' clauses to be eliminated
Central Board of Direct Taxes (CBDT) chairman Agrawal said the committee is looking at the best glo…
PTI
Confused about the new tax regime? Here's when you should opt for it
The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…
Oregon lawmakers oppose a corporate tax hike to fund a $1,600 annual universal basic income. But voters will decide.
A bipartisan coalition of Oregon lawmakers is fighting a ballot measure that would hike corporate t…
Katie Balevic
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
Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem
The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…
Filip De Mott
Sensex, Nifty tumble after FM hikes STT on F&O
The NSE Nifty also ticked higher as the finance minister began the presentation of her 7th Unio…
PTI
Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.
At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards hea…
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
Tax implications on income of a minor – What every parent should know
Income earned by a minor child from activities involving their skills, talent, or specialised knowl…
I-T dept conducts survey at some entities of Hinduja Group
The Income Tax department on Wednesday conducted a survey operation at some entities of the Hinduja…
PTI
Trump's trade and tax policies are the new hot-button topic dividing economists and market experts
Many notable economists are sounding the alarm on the inflationary impact of Trump's proposals. Oth…
Filip De Mott
Donald Trump reportedly wants to raise tariffs to pay for tax cuts
Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…
Filip De Mott
This soccer star who came from nothing has been funding universal basic income in his hometown for years
Sadio Mané gives about $76 a month to everyone in a "very poor region of Senegal" and has also fund…
Theron Mohamed
Billionaire Jamie Dimon says the rich should pay more to fund tax cuts for lower-income Americans
JPMorgan CEO Jamie Dimon said the US government should expand federal tax credits for struggling lo…
Sawdah Bhaimiya
Income Tax dept to hire 50 young law, accountancy grads for better litigation at ITATs
The Income Tax Department has decided to temporarily hire 50 young law and chartered accountancy gr…
PTI
This state just inched closer to giving every resident a $750 universal basic income each year with no strings attached
Oregon residents may soon vote on a universal basic income program that would give every resident $…
Erin Snodgrass
I'm a tax lawyer who helps wealthy people move to lower their taxes — and prepare for residency audits
Wealthy people have been moving out of high-tax states like New York for cheaper locations like Flo…
Jordan Pandy
A remote worker relocating to Walmart's headquarters says he's excited to work at the office, but he's stressed about the short timeline
Walmart is requiring formerly remote employees to relocate to one of three US offices in a matter o…
Dominick Reuter
Opted for the new tax regime? Here are the allowances and deductions you can still avail
Budget 2020 introduced the new tax regime for FY 2020-21 in addition to the old tax regime. FY 2020…