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New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know
The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…
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
Decoding Form 16: How do you file your taxes if you don't get Form 16?
While you can still download Form-16, there's another, manual way to figure out your tax liability.…
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It's worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments f…
Huileng Tan
People are getting taxed for gig work they've never done
Uber and DoorDash have been sending tax forms to people who have never worked for the gig delivery …
Alex Bitter
A baby boomer says he collects enough in retirement benefits to live a good life in Germany but doesn't think his money would go as far in the US
Gary Hohenstein, 73, retired early and moved to Germany with his wife. He said his benefits go furt…
John Towfighi
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
PTI
Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds
The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…
Moving to Puerto Rico comes with lifestyle perks and tax breaks. Trade-offs include healthcare, schools, and furniture.
It's pretty easy for mainland Americans to move to and buy property in Puerto Rico without special …
Cork Gaines
How US tax dollars have supported Israel and its military for 75 years — and what's next for American aid
Since World War II, the US government has provided more aid to Israel than it has to any other fore…
Eliza Relman
Big Pharma rakes in $215 billion a year in America yet pays almost no taxes
Americans are getting screwed over by Big Pharma twice: first by high drug prices and again by the …
Brad Setser,Tess Turner
Billionaires and world leaders, including Putin and King Abdullah, stashed vast amounts of money in secretive offshore systems, leaked documents find
Notably, the richest people in the United States - like Jeff Bezos, Elon Musk, Bill Gates, and Warr…
Yelena Dzhanova
FM urges I-T officials to expedite returns, refund process and grievance redressal
Finance Minister Nirmala Sitharaman on Tuesday urged income tax (I-T) officials to follow the three…
Janet Yellen wants a new way for people to file their taxes for free after very few Americans used the current program
Just 1 in 25 Americans were able to file their taxes for free last year. The Treasury Secretary wan…
Juliana Kaplan,Joseph Zeballo…
Apple's tax on AI inventions has begun. It will cost OpenAI and others hundreds of millions of dollars a year.
OpenAI's new ChatGPT app for iOS has rocketed up the App Store charts. And the company is giving Ap…
Thomas Maxwell
The author of a book on the ultrawealthy says billionaires 'have taken their winnings and used them to stack the deck against everybody else' — but the solution isn't complicated
American history shows three ways wealth inequality has been reigned in before, says NYT global eco…
Juliana Kaplan
Trump's payroll tax holiday could shrink workers' take-home pay early next year since employers have to collect twice as much from paychecks
Experts say employers that opt into the initiative would have to withhold taxes twice early next ye…