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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
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…
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…
US industry urges FM to rationalise, simplify direct and indirect taxes in India
"Reiterate India's commitment to the global tax deal," it said and urged the Union Finance M…
PTI
Mitt Romney introduces new plan to send most parents up to $350 monthly checks per kid
Romney wants a $10,000 income requirement for families to qualify for full direct payments. He's se…
Joseph Zeballos-Roig
Joe Manchin gave a fresh hint on what he wants from a skinny Build Back Better: 'Just fix the tax code'
It's sometimes hard to know what, exactly, Sen. Joe Manchin wants from legislation — but it s…
Juliana Kaplan,Joseph Zeballo…
US synagogues face skyrocketing security costs. Rabbis call it an 'antisemitism tax.'
Synagogues require heavier security as antisemitic incidents surge amid the Israel-Hamas war. Rabbi…
Talia Lakritz
The new global minimum tax could bring in $150 billion for worldwide governments, report says
The Group of 7 summit yielded a historic tax agreement that, if enacted, could yield billions for g…
Juliana Kaplan
Joe Manchin says negotiations on Biden's big bill will be 'starting from scratch' as Democrats scramble to save their economic agenda
A $1.8T Build Back Better compromise Manchin offered the White House in December is off the table. …
Joseph Zeballos-Roig
Billionaire JPMorgan boss Jamie Dimon says there's an 'extraordinary number' of tax loopholes that help the rich, and he kind of sounds like Joe Biden
Dimon, long rumored as a potential Treasury Secretary, has ideas on tax reform that prioritize lowe…
Ben Winck
House Democrats propose renewing Biden's $300 monthly checks to families until 2025 in social spending package
Their timeline may set up a clash with Senate Democrats who are eyeing a shorter child tax credit e…
Joseph Zeballos-Roig
Progressive prosecutor Larry Krasner is taking on gun violence and ‘dirty cops’ in Philadelphia
In an interview, Philadelphia District Attorney Larry Krasner defended his handling of the city's g…
Charles R. Davis
Indian economists tell Finance Minister Nirmala Sitharaman to simplify GST and direct taxes
The economists were optimistic about the India growth story and put forward ways through which …
PTI
Conservatives tossed out Roe v. Wade. Now some are pressuring the GOP to soften its resistance to financially supporting families or risk a 'severe' backlash
The GOP opposed Biden's economic agenda, and a Trump effort to get paid leave through Congress fell…
Joseph Zeballos-Roig
Wisconsin Democratic Senate candidate Mandela Barnes calls for expansion of Child Tax Credit as party makes appeals to middle-class voters amid inflation
Barnes' economic plan would also include provisions to permit Medicare to negotiate drug prices and…
John L. Dorman
Some House Republicans want to hold up a major tax bill until it includes a big break for wealthy blue state residents
Democrats and Republicans have both circled a tax break that would benefit wealthy states. It's an …
Juliana Kaplan,Eliza Relman
If you make less than $400,000 a year, your taxes shouldn't be affected by Manchin's new tax and energy deal
The deal announced Wednesday proposes a minimum corporate tax limit for big corporations and increa…
Matthew Loh
Bernie Sanders says Silicon Valley Bank's failure is the 'direct result' of a Trump-era bank regulation policy
Sanders said a Trump-era bill was to blame for the SVB bank run. The 2018 law rolled back bank regu…