You Searched For "direct taxes code" and got 20 results
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2 mins read
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…
1 min read
First draft of new and simplified Income Tax law to be prepared by internal tax dept committee: Revenue Secretary
The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…
PTI
3 mins read
10 Things in Tech: How to make money on social media, Apple’s AI tax, and ChatGPT helps employees code faster
In today's edition: Amazon employees give up their stock, ChatGPT helps employees code, and more he…
Diamond Naga Siu
3 mins read
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
2 mins read
New income tax proposed by a government panel wants a 35% slab, says a report
It also recommended that surcharges should be do…
1 min read
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
3 mins read
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 Zeballos-Roig
1 min read
A government taskforce wants to bring more migrant Indians into the tax net
The committee recommended the government to change the residence rule. Currently, an individ…
2 mins read
Some families haven't gotten Biden's monthly child tax credit or stimulus payments. The White House just launched a new website to fix that.
The mobile-friendly sign-up tool comes two months after the White House unveiled another version of…
Joseph Zeballos-Roig
2 mins read
Direct taxes in India will be a lot simpler if Nirmala Sitharaman accepts these 3 proposals
The panel has proposed to alter tax brackets, revamp the Income Tax Act and make it tax-payer…
3 mins read
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
2 mins read
Democrats are set to release a $3,000-per-child direct benefit plan for families
The tentative plan, which is part of Biden's $1.9 trillion economic rescue package, would expand th…
John L. Dorman
2 mins read
States may not tax Biden's student loan forgiveness after all, says one tax expert
Jared Walczak of think tank The Tax Foundation says states may decide to change their regulations r…
Beatrice Nolan
3 mins read
'Direct Tax Vivad se Vishwas Bill" introduced in Lok Sabha
"Over the years, the pendency of appeals filed by taxpayers as well as government has increased due…
PTI
3 mins read
America's wealthiest 0.1% will pay $1 million more a year under Biden's tax plan. Lower-income parents will see big cuts.
"Millionaires and billionaires are paying a lower tax rate than teachers and firefighters," Preside…
Juliana Kaplan,Andy Kiersz
3 mins read
The Trump Org tax-fraud conviction could embolden the DA to file new NY charges against Trump
State penal and tax laws limit the penalties Trump's company face at sentencing. But the Manhattan …
Laura Italiano
4 mins read
Kyrsten Sinema's resistance to undoing the Trump tax cuts opens the door to new taxes that could hit billionaires even harder
Democrats are trying to circumvent Sinema in the social spending plan. One tax alternative would pu…
Joseph Zeballos-Roig,Juliana Kaplan
4 mins read
3 policies in Biden's 2023 budget proposal that will restrict corporate power and benefit workers
The Roosevelt Institute's Nick Lusiani says restrictions on stock buybacks and tax increases on the…
Paul Constant
5 mins read
In favor of the wealth tax: The tax code doesn't fully comprehend how the wealthiest Americans make their money, and it's hurting everyone else
And conditions are tipping even further in favor of the mega-wealthy. The tax cuts passed by Presid…
Paul Constant, Contributor
10 mins read
ProPublica's billionaire tax data shows the importance of closing 2 key tax loopholes. Here's how.
Our tax code has two massive tax loopholes that reward billionaires like Mark Zuckerberg, Jeff Bezo…