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2 mins read

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   


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2 mins read

Abolition of angel tax a landmark reform benefiting India's startup ecosystem; will attract global investors: USISPF

The USISPF said this action creates parity between domestic and foreign players and will be an impo…

PTI   


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2 mins read

As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals

A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…

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4 mins read

New govt to inherit strong economy, focus on making India developed nation by 2047

India's world record beating economic growth rate together with robust tax revenues, a fast expandi…

PTI   


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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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8 mins read

Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.

Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food,…

Juliana Kaplan,Noah Sheidlower   


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4 mins read

A Swiss city cut red tape and ended up with many more homes. It's a model for the US.

New research in Switzerland adds to the international literature finding that upzoning boosts the s…

Eliza Relman   


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3 mins read

Elon Musk is a Trump win away from serious federal power

Former President Donald Trump is taking a page out of Elon Musk's book, announcing a plan to create…

Ayelet Sheffey,Brent D. Griffiths   


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2 mins read

Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%

He, however, said it is not just a demand for Telangana but for all states, ensuring a more coopera…

PTI   


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1 min read

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…

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3 mins read

Kamala Harris has an ambitious plan to build 3 million new homes. She'll have to get through Congress and local NIMBYs first.

The Harris campaign is making boosting the supply of homes central to its response to the housing c…

Eliza Relman   


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2 mins read

Economic Survey calls for urgent agricultural reforms; cites growth hurdles

The survey identified several key challenges, including balancing growth with food inflation manage…

PTI   


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4 mins read

Americans are so desperate for cheaper houses that they're willing to live in flood and wildfire zones

Cheaper housing and a lower cost of living has lured many Americans into regions of the country mos…

Eliza Relman   


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3 mins read

Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch

As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…

PTI   


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6 mins read

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…

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2 mins read

The House passes a bill to give parents a boosted child tax credit and businesses tax relief

Families that are covered under the legislation could see their 2023 taxes cut by $680.

Juliana Kaplan,Ayelet Sheffey,Lloyd Lee   


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2 mins read

Vermont is debating a 'millionaires tax.' Massachusetts added $1 billion to its budget and paid for school lunches with a similar tax.

Vermont lawmakers are debating a 3% tax on residents earning more than $500,000 yearly. It would be…

Kenneth Niemeyer   


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4 mins read

Montana's housing crisis is a warning for older homeowners across the country

Older and retired Montanans are particularly hard hit by the state's severe housing crisis, as thei…

Eliza Relman   


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1 min read

Bill to amend Central Goods and Services Tax Act introduced in Lok Sabha

A bill to align provisions of the Central Goods and Services Tax Act with the Tribunal Reforms Act …

ANI   


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4 mins read

Union Budget 2024-25 key highlights: Angel tax to be scraped

You can watch the presentation live on the official Youtube channels of the government. After her s…