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Something Harris and Trump can agree on: Tips for service workers should not be taxed
Both Vice President Kamala Harris and former President Donald Trump favor ending taxes on tipped in…
Katie Balevic
New York City will sell bonds backed by taxes on mansions to fund the subway
New York will sell bonds backed by a "mansion tax," a one-time tax on properties over $2 million, t…
Kelly Cloonan
Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist
Note that unless you specifically opt for the old regime, the new tax regime is considered as your …
Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.
At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards heal…
The IRS's free tax filing system is officially open. Here's everything you need to know.
The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…
Allie Kelly
Illinois is launching a basic income pilot for 400 families in the child welfare system in the hopes of reducing maltreatment
Illinois' guaranteed basic income program will give no-strings-attached cash to families in the chi…
Allie Kelly
Surge in top-up housing loans not system-wide issue, says RBI Governor
Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…
PTI
Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem
The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…
Filip De Mott
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
Budget 2024: Here's what India's elderlies want
If any amount you receive from NPS is reinvested in the annuity plan, it remains tax-exempt. Howeve…
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
Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today
Union finance minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, …
ANI
Warren Buffett once told Barack Obama the wealthy should pay more tax — and that his wealth is partly down to luck
Warren Buffett complained he shouldn't pay a lower tax rate than his secretary, called out wealth i…
Theron Mohamed
Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn
The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …
Filip De Mott
Two tax regimes & rise of freelancers drive people to tax experts, chartered accountants
The option of the new and old tax regimes and complex taxation laws require the assistance of exper…
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
Falling birth rates are freaking countries out and spawning dubious fixes like tax breaks, cheaper cars, and free surgery
Countries are trying everything to combat declining fertility rates, with some eye-popping approach…
Joshua Zitser
The FTC is going to war with tax services that bill themselves as free
Following its Intuit ruling, the FTC set its sights on H&R Block, accusing the company of deceptiv…
Grace Eliza Goodwin
Billionaire LinkedIn cofounder Reid Hoffman slams business leaders who support Trump: A 'reliable legal system is not a given'
The LinkedIn cofounder Reid Hoffman argues in The Economist that business leaders' support of Trump…
Grace Eliza Goodwin
Tax saving countdown – With 2 months to go, options to consider under 80C
Now that we have stepped into the new year, there are just three months left before the current fin…