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3 mins read

Trump's plan for Social Security will help baby boomers in the short term and cut benefits for anyone younger

Trump promised to cut Social Security taxes. Experts say the plan could slash benefits for low-inco…

Allie Kelly   


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2 mins read

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   


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3 mins read

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…

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2 mins read

WiFi Money sued by Nebraska Attorney General over allegations of 'deceptive' passive income promises

WiFi Money made tens of millions of dollars selling investment opportunities on Instagram, but has …

Rob Price   


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2 mins read

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   


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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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3 mins read

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…

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2 mins read

Americans living overseas face being taxed twice. Donald Trump wants to change that.

Donald Trump takes aim at the "double taxation" policy for Americans living overseas, which was int…

Theron Mohamed   


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7 mins read

My family bought a vacation home in Lake Tahoe for $113,000. A new tax could push us out.

My family's cabin in South Lake Tahoe changed our lives. A vacation homes tax to make living there …

Amanda Yen   


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4 mins read

Trump's plan to scrap taxes on tips and overtime could reshape how millions of Americans get paid

Tax proposals from Trump and Harris could incentivize businesses to twist the definition of a tip a…

Ayelet Sheffey   


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4 mins read

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   


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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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1 min read

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   


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4 mins read

Millions of Americans could lose out on more than $700 in healthcare benefits if Congress doesn't keep these tax credits

Pandemic-era subsidies drove enrollment in Obamacare. Now, millions of Americans could see costs r…

John Towfighi   


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4 mins read

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 heal…