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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
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
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…
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
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
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
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
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
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
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…
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
Economic Survey calls for urgent agricultural reforms; cites growth hurdles
The survey identified several key challenges, including balancing growth with food inflation manage…
PTI
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
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
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…
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
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
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
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
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…