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5 mins read

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   


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2 mins read

RAI's Budget wishlist: Lower taxes for individuals, benefits on land rates, electricity

Retailing in India accounts for about 10% of the country's GDP. In its memorandum, the retail assoc…

PTI   


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4 mins read

Trump's plan to scrap taxes on tips and overtime could reshape how millions of Americans get paid

Tax proposals from Trump and Harris could incentivize businesses to twist the definition of a tip a…

Ayelet Sheffey   


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2 mins read

Problems keep piling up for budget airlines like Spirit Airlines — so get set to pay more

Spirit Airlines is reportedly considering filing for Chapter 11 bankruptcy as budget carriers seek …

Pete Syme   


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6 mins read

A boomer who couldn't afford retirement in the US moved to Ecuador and said she's living an 'upscale life on a modest budget'

Gretchen and her husband Robert moved to Ecuador to afford retirement and said healthcare and housi…

Noah Sheidlower   


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3 mins read

Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds

The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…

Juliana Kaplan,Ayelet Sheffey   


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1 min read

Startups incorporated till March 2024 to get income tax benefits: FM

The government on Wednesday proposed to extend income tax benefits to startups incorporated till Ma…

PTI   


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4 mins read

Capital gains in taxation: What are the major factors driving the long-term and short-term capital gains?

Capital investment plays an important role in facilitating economic growth, creating employment…

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3 mins read

Debt schemes of MFs lose edge over bank deposits as Budget proposes to scrap LTCG & indexation benefits

With the change in taxation, distributors and advisors are rushing to lock in large amounts of inve…

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8 mins read

Universal basic income is working even in red states

All across America, giving people free cash is reducing homelessness, increasing employment, and im…

Michael Venutolo-Mantovani   


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2 mins read

The US government is set to collect a record-high $2.6 trillion in income taxes — and a third of that is because people got raises

The Congressional Budget Office estimates income tax revenue went up by 28% in 2022. It's partially…

Juliana Kaplan   


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4 mins read

A lawyer’s wishlist from Budget 2021 includes these income tax rebates, deductions and holidays

The need of the hour is to increase the liquidity in the market. To effect the same, individual …

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5 mins read

Relocating to a metro as WFH has ended? Financial strategies to keep in mind

When Tuhin Bora (name changed), 25 initially joined his current company, he enjoyed the luxury of w…

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1 min read

Budget 2016: No home or HRA? It’s time to take some tax relief on rent

Also, people earning up to Rs 5 lakh a year will now get a tax relief of Rs 5,000, as compared to R…

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3 mins read

Special monitor suggests Trump falsified disclosures over $48 million loan in what could be tax evasion, report says

A letter by a court-appointed monitor overseeing Donald Trump's business fraud case indicated he ma…

Katherine Tangalakis-Lippert   


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3 mins read

India may propose tax on cash withdrawals above ₹1 million in a year to promote digital transactions in the upcoming budget: Report

The tax could be anywhere between 3% to 5%, which would mean a tax of ₹30,000 to ₹50,000 if you …

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1 min read

Trump paid just $750 in federal income taxes in 2016 and 2017, according to tax returns obtained by the New York Times

The New York Times published an unprecedented look at Trump's tax returns, which revealed he paid j…

Ellen Cranley   


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1 min read

No change in tax slabs in Budget 2016!

One of the major lookouts of the Budget 2016 will be the tax slabs and the Economic Survey 2016 sug…

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3 mins read

Budget 2016 may or may not meet expectations of the common man

However, the budget is not just about making some goods and services expensive and cheaper, but is …