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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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1 min read

Govt may relax 45-day payment rule for MSMEs in Budget 2024

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

PTI   


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1 min read

Provisions of TDS/TCS, in case of death of deductee or collectee relaxed by govt

On April 23, 2024, CBDT extended the date for linking of PAN and Aadhaar May for the taxpayers (for…

ANI   


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3 mins read

ITR filing: Documents you need to file your income tax return

If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS …

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3 mins read

Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams

There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…

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2 mins read

Corporations raised $16 million to oppose Oregon's universal basic income plan. They won.

Voters opposed an Oregon ballot measure that would have given $1,600 annually to all state resident…

Allie Kelly   


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4 mins read

This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy

Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…

Theron Mohamed   


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5 mins read

What a Trump or Harris presidency would mean for your tax bill

BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…

Juliana Kaplan,Bryan Metzger   


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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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2 mins read

Try this higher-interest, lower-tax alternative to CDs while rates are still high

If you're considering investing in a CD, you might look at this other cash equivalent instead.

William Edwards   


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3 mins read

How tax-deferred investing can increase a portfolio's value by 23% and the account that provides a triple benefit

The study looked at a 20-year period to see how much was gained with tax deferrals.

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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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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4 mins read

A couple who moved from Hawaii to Colorado for a lower cost of living are struggling to afford a home on a six-figure income

A millennial couple who earn $110,000 say homeownership feels out of reach in Colorado. They're try…

Jacob Zinkula   


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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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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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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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3 mins read

Support like child tax credits and basic income reduces child abuse, researchers found

Doctors found that giving financial support to low-income families could lower rates of child negle…

Allie Kelly   


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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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2 mins read

Here's an idea: a worldwide universal basic income paid for by a carbon tax. A study found that it could boost the global GDP by 130%.

A global universal basic income funded by carbon taxes could grow the global GDP by 130% while prom…

Katie Balevic