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You Searched For "Tax Code" and got 20 results


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1 min read

First draft of new and simplified Income Tax law to be prepared by internal tax dept committee: Revenue Secretary

The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…

PTI   


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2 mins read

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…

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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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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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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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2 mins read

DPI, bankruptcy law, tax code make India attractive investment destination: WEF official

A combination of policy changes such as bankruptcy law and taxation code and the enabling environme…

PTI   


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3 mins read

Five things to remember as you file your ITRs at the last minute

ITR-1 form is designed for resident individuals who have income from salary, one house property, an…

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2 mins read

Bill Gates says the rich would be a lot poorer if he set taxes — but banning billionaires isn't on his agenda

Bill Gates said the wealthy would be worth a third as much if he designed the tax system, but unlik…

Theron Mohamed   


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4 mins read

Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

PTI   


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3 mins read

Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI   


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2 mins read

Biden is finalizing plans to announce term limits and a new ethics code targeting the Supreme Court

Biden plans to announce a proposal that would establish term limits and a new ethics code targeting…

Katherine Tangalakis-Lippert   


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5 mins read

OpenAI may have finally cracked the code on voice interactions with AI

OpenAI unveiled an upgrade for ChatGPT that includes an impressively humanlike voice feature made p…

Dan DeFrancesco   


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4 mins read

How a Montana retiree will save on spiking home insurance and taxes by living in a type of housing that's illegal in many places

Sylvia, a 71-year-old retiree in Montana, is taking advantage of city and state laws encouraging th…

Eliza Relman   


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1 min read

Gold bars and silver coins at Costco continue to be top sellers — and a cheat code for boosting its online sales

Gold bars and silver coins continue to show strong sales for Costco, and these high-value items hel…

Dominick Reuter   


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2 mins read

Blackstone to invest $2 bn every year in India; wants quicker M&A clearances

Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…

PTI   


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2 mins read

Inside Arizona's wealthiest zip code, where the average resident is 54 and the median home is $3.3M property

Paradise Valley, Arizona, which has been attracting the wealthy from California, has a median house…

Kelsey Vlamis   


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2 mins read

Govt removes permit requirement for untested AI models; calls for labelling content

"The advisory is issued in suppression of advisory...dated 1st March 2024," the advisory said. …

PTI   


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3 mins read

10 Things in Tech: How to make money on social media, Apple’s AI tax, and ChatGPT helps employees code faster

In today's edition: Amazon employees give up their stock, ChatGPT helps employees code, and more he…

Diamond Naga Siu   


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2 mins read

Trump could face a $100 million tax bill after the IRS says he tried to write off the same losses twice on his Chicago skyscraper

In Trump's 2008 tax return, he reported that he lost up to $651 million on his Chicago tower projec…

John L. Dorman   


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2 mins read

Jamie Dimon reveals what he would do as president: Tax people like Bill Ackman more

JPMorgan CEO Jamie Dimon said that if he were president, he'd make the wealthy — like Bill Ackman —…

Madeline Berg