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Corporations raised $16 million to oppose Oregon's universal basic income plan. They won.
Voters opposed an Oregon ballot measure that would have given $1,600 annually to all state resident…
Allie Kelly
Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman
According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…
PTI
India's strong economic recovery is led by fiscal expenditure: DSP MF
India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…
ANI
Oregon lawmakers oppose a corporate tax hike to fund a $1,600 annual universal basic income. But voters will decide.
A bipartisan coalition of Oregon lawmakers is fighting a ballot measure that would hike corporate t…
Katie Balevic
Govt may relax 45-day payment rule for MSMEs in Budget 2024
According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…
PTI
Americans moving to Canada should be aware of these 4 tax and investment implications
Interest in moving to Canada has spiked among Americans. Financial advisor Tiffany Woodfield shares…
Christine Ji
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 …
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
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 …
Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary
Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…
The top 5% will benefit from Trump's tax plans while the rest of America pays more, a new analysis says
Trump's proposed tariffs could hurt lower earners' wallets, while extending the former president's …
Juliana Kaplan,Ayelet Sheffey
The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.
Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…
Lakshmi Varanasi
Oregon businesses are spending millions to oppose a ballot measure that would give every resident a $1,600-a-year basic income
Oregon businesses have spent millions to oppose a ballot measure that would establish a corporate t…
Kenneth Niemeyer,Katie Balevic
Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget
From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…
This state just inched closer to giving every resident a $750 universal basic income each year with no strings attached
Oregon residents may soon vote on a universal basic income program that would give every resident $…
Erin Snodgrass
New parents could get $6,000 for the first year of their child's life and a restored child tax credit in Kamala Harris' new economic plan
Vice President Kamala Harris is proposing tax cuts for new parents and working families as she gear…
Ayelet Sheffey,Juliana Kaplan
Wyoming, Delaware, and Montana are the most entrepreneurial states of 2024 so far. It might be due to business-friendly taxes.
Wyoming, Delaware, and Montana lead the US in new business formations this year. Cheap costs and fa…