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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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3 mins read

Over 4,000 millionaires could still leave India in 2024 — but the drain is getting slower year-on-year

Bucking the global trend, millionaire migration out of India is showing signs of slowing down. Whil…

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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

Last-minute rush: 5 things to do before March 31

March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…

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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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1 min read

Billionaire Jamie Dimon says the rich should pay more to fund tax cuts for lower-income Americans

JPMorgan CEO Jamie Dimon said the US government should expand federal tax credits for struggling lo…

Sawdah Bhaimiya   


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2 mins read

This soccer star who came from nothing has been funding universal basic income in his hometown for years

Sadio Mané gives about $76 a month to everyone in a "very poor region of Senegal" and has also fund…

Theron Mohamed   


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3 mins read

A Lyft driver says he isn't even making minimum wage driving full-time and it shows how much the job costs workers

Lyft CEO David Risher often posts positively about driving for the rideshare service. But one gig w…

Alex Bitter   


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2 mins read

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   


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6 mins read

Many drivers for Uber, Lyft, and DoorDash are earning well below minimum wage, even with tips, a new paper finds

Many gig drivers earn less than local minimum wage after expenses, some earning just 40 cents an ho…

Noah Sheidlower,Jacob Zinkula   


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1 min read

Billionaire 'Bond King' Bill Gross says a Trump win would be 'disruptive' for markets

A Trump presidency would worsen US fiscal deficits, the billionaire investor and PIMCO co-founder s…

Shubhangi Goel   


Juliana Kaplan,Ayelet Sheffey   


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5 mins read

I'm a tax lawyer who helps wealthy people move to lower their taxes — and prepare for residency audits

Wealthy people have been moving out of high-tax states like New York for cheaper locations like Flo…

Jordan Pandy   


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3 mins read

Biden's billionaires tax is 'better than nothing,' says leading wealth inequality researcher Thomas Piketty

Economist Thomas Piketty wrote the book on inequality. He told the New York Times things are changi…

Juliana Kaplan   


Juliana Kaplan,Joseph Zeballos-Roig,Madison Hoff   


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2 mins read

Billionaire Leon Cooperman says Biden's billionaire tax is 'stupid,' 'probably illegal,' and 'won't pass'

"They should stop attacking wealthy people and attack the tax code. They're so ignorant," the billi…

Juliana Kaplan   


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1 min read

GST Council likely to levy 18% tax rate on corporate guarantees for loans

The GST Council is likely to introduce an 18 per cent tax rate on corporate guarantees extended by …

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2 mins read

More companies would move to Miami if there were more private schools, says billionaire Miami convert Barry Sternlicht

The city just doesn't have enough private schools, which is holding more companies from setting up …

Shubhangi Goel   


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3 mins read

How to become a billionaire

Mark Cuban once said there is no downside to being a billionaire. So, how do you become one? The ea…

Henry Blodget   


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2 mins read

How much Bill Gates pays in property taxes on his pricey real estate portfolio

Bill Gates' many houses come with a multi-million dollar tax bill each year. Here's how much he pay…

Madeline Berg