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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…
4 mins read
Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.
Warren Buffett teased a potential Canada bet, predicted Berkshire would surpass $200 billion in cas…
Theron Mohamed
1 min read
Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department
The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…
PTI
1 min read
Airport industry to see profit before tax of $1.3 billion this fiscal
"The topline will grow due to an increase in aeronautical revenue along with the receipt of…
PTI
2 mins read
Higher cash seizures being recorded by I-T dept every assembly polls: CBDT
Cash seizures made by the Income-tax department during successive assembly elections have shown a s…
PTI
3 mins read
I bought a house in London and was miserable as soon as I moved in. The single-person tax is higher than I expected.
Daniela Vilu bought her first home in London in 2023. She wasn't prepared for the feelings of lonel…
Daniela Vilu
2 mins read
IT department declares 363 as cost inflation index for current fiscal
The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…
PTI
4 mins read
I 'escaped' Texas for Tennessee. I loved the food and tech scene, but got tired of the heat and rising property taxes.
Jim Ward, who moved to Tennessee in 2021 after 20 years in Texas, said his life has greatly improve…
Alcynna Lloyd
2 mins read
Trump's plan to tax the entire world will result in the type of global trade war not seen since the Great Depression, think tank says
"The Trump plan is for increased tariffs on all products from all countries. It is not just America…
Filip De Mott
4 mins read
A tax expert shares the misconceptions and hidden costs the wealthy face when moving to Puerto Rico for tax breaks
The tax benefits of moving to Puerto Rico have misconceptions about capital gains and the requireme…
Cork Gaines
2 mins read
India can sustain 8% growth, even higher: RBI bulletin
India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may b…
PTI
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
4 mins read
We left Colorado's cold weather and high taxes for California sunshine and a surprisingly cheaper cost of living
Eric and Beth Ann Mott moved from Denver to Thousand Oaks in 2022. They were surprised their cost o…
Erin Snodgrass
1 min read
GST collections in February rise 12.5% to cross ₹1.68 lakh crore
Gross Goods and Services Tax (GST) revenue collections for February rose by a robust 12.5 per cent …
2 mins read
Stock market today: US equities trade mostly higher as Powell affirms rate cuts are likely
The Fed chair affirmed rate cuts were likely coming this year, assuming inflation continues to cool.
Jennifer Sor
2 mins read
Here's what Mark Cuban's $275.9 million in taxes would cover for the US government
Billionaire Mark Cuban came clean about the hefty chunk of change he paid in taxes this year, publi…
Erin Snodgrass
1 min read
Spiking oil prices helped Russia energy-tax revenue double last month
The amount of tax that Russia collected on oil and gas rose by 90% on a year-over-year basis in Mar…
Filip De Mott
1 min read
Dozens of rich Norwegians worth billions have relocated to Switzerland to escape higher taxes
Norway raised its wealth tax from 0.85% to 1.1% last year, prompting the departure of some of its m…
Jyoti Mann
1 min read
4 tax strategies for investors, regardless of who wins the presidency, according to UBS
Investors should diversify their tax statements, defer capital gains for as long as they can, ramp …
Aruni Soni
2 mins read
The FTC is going to war with tax services that bill themselves as free
Following its Intuit ruling, the FTC set its sights on H&R Block, accusing the company of deceptiv…