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KRN Heat Exchanger & Refrigeration's IPO opened for subscription today. Should you invest?
From the funds raised, the company intends to invest Rs 242.5 crore in its wholly owned subsidiary…
Bill Gates calls for higher taxes on the rich — but warns against crushing the American dream
Bill Gates said his ideal tax system would slash his net worth by 62% or about $100 billion, but st…
Theron Mohamed
October is the most popular time to use this tax-savings strategy to offset thousands of dollars in income: Morgan Stanley
October appears to be when investors most frequently employ the tax-savings method as the end of th…
William Edwards
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters
India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…
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
GST council meeting today: Tax on health insurance premiums expected to be reduced, says report
The 54th GST Council meeting is set to make a major decision on the GST rate on health insurance pr…
Decline in bank deposits because of non-uniform tax treatment on various investment options: SBI report
On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its lates…
ANI
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
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…
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
Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut
The spotlight is on earnings season after a surprise jobs report called into question when the next…
Dan DeFrancesco
Indian consumers shifting towards low-sugar beverages, high GST rates stalling growth in carbonated soft drinks market
India's carbonated soft drinks segment faces challenges due to a 40% tax rate under GST, hindering …
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums
O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…
PTI
Mark Cuban says Trump seems to have 'a new tax cut or tariff' for every city he visits
Cuban had earlier called Trump's call for 200% tariffs on John Deere "insane" and a "good way to de…
Kwan Wei Kevin Tan
51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime, notes FinMin data
The total number of ITRs for AY2024-25 filed till July 31, 2024, is more than 7.28 crore.
ANI
Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000
More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…
ITR Filing: Today is the last day to file your income tax returns, so file today to avoid penalties
You will have to pay a penalty of Rs. 1,000 if your total annual taxable income is below Rs 5,00,00…
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…