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7 mins read

My family bought a vacation home in Lake Tahoe for $113,000. A new tax could push us out.

My family's cabin in South Lake Tahoe changed our lives. A vacation homes tax to make living there …

Amanda Yen   


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3 mins read

I moved from the US to Australia. My employer contributes over 11% to my retirement, and I don't pay property taxes.

Chelsey Nelson moved from the US to Australia to be with her boyfriend. They get taxed 39% of their…

Kelly Burch   


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3 mins read

Why Musk supports Trump getting rid of EV tax credits

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devasta…

Graham Rapier   


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1 min read

EV makers slide on report Trump wants to scrap EV tax credit

Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of b…

Matthew Fox   


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3 mins read

FDIs may shift to US under Trump 2.0 but it is unlikely to severely impact FDIs inflow to India, says SBI Report

It added that if similar policies are reintroduced in Trump 2.0 also, it could create challenges fo…

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2 mins read

US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions

The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…

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2 mins read

What can you expect from the US Fed meeting later this week? Here's all you need to know

The US Federal Reserve is widely expected to cut interest rates by 0.25% on Thursday, following a l…

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5 mins read

What a Trump or Harris presidency would mean for your tax bill

BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…

Juliana Kaplan,Bryan Metzger   


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2 mins read

Higher taxes for cheaper childcare? 3 localities are voting on it and we want to hear from you.

Counties in California, Texas, and Minnesota will vote on tax hikes for childcare. We want to hear …

Allie Kelly   


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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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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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2 mins read

India-US agrees to extend 2% digital tax on e-commerce supplies until June 30

On Oct 8, 2021, both countries joined 134 other members of the OECD/G20 Inclusive Framework (includ…

ANI   


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3 mins read

Using tax credits and rebates to your advantage could save you thousands on a new electric vehicle

Federal and state tax credits can give you money back for buying an electric car.

Nora Naughton,Alexa St. John   


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2 mins read

Bill Gates said if he were in charge of the US tax system he'd have paid 'tens of billions' more

Bill Gates told the Independent he'd pay "tens of billions" more if he designed the US tax system, …

Joshua Nelken-Zitser   


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2 mins read

Here's what Trump's victory means for Indian markets

Early trends in the US presidential election show Trump leading, which could impact Indian markets.…

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2 mins read

Trump's tax cuts could boost S&P 500 earnings by 20% over the next 2 years, Goldman Sachs says

Each percentage point cut to the corporate tax rate could boost S&P 500 earnings by slightly less t…

Jennifer Sor   


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4 mins read

Indian stock markets wobble as uncertainty builds around the U.S. election this week. What should investors do?

US presidential elections are causing uncertainty in the Indian stock market. Investors are cautiou…

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4 mins read

Intel is far from becoming the American chipmaking powerhouse the US needs

Intel is struggling to overcome a series of challenges and establish itself as a globally competiti…

Jacob Zinkula   


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2 mins read

What will be India's position at G20 on proposal of 'billionaire tax': Congress asks govt

The Congress has urged the government to clarify India's stance on Brazil's proposal for a two per …

PTI   


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1 min read

Rupee slips to all-time low of 83.72 against US dollar; Fall sparked by tax rate hike on capital gains, per traders

Forex traders said the fall in the domestic unit came on the heels of a significant downturn in the…

PTI