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Economic Survey 2023-24: Where does India stand on the employment, and what's next?
While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…
Union Budget 2024: A handy FAQ guide to decode the upcoming budget
Weeks before the budget presentation, the finance minister also meets representatives from vario…
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…
Two new tax rules you should be aware of when filing your taxes
With the income tax filing deadline less than a month away, you need to ensure you are up-to-date o…
FM Nirmala Sithraman keeps tax slabs unchanged
As expected and in relief for the citizens, the central government neither tweaked nor put any addi…
ANI
FM urges I-T officials to expedite returns, refund process and grievance redressal
Finance Minister Nirmala Sitharaman on Tuesday urged income tax (I-T) officials to follow the three…
The 10 big US cities with the worst 'singles tax' on renters living alone
Single New Yorkers are paying over $20,000 more a year to live alone.
Juliana Kaplan,Madison Hoff
26 billionaires, including Elon Musk and Jeff Bezos, paid just a fraction of the taxes the average American owes
A new analysis finds that Elon Musk had an average tax rate of just 2.1% on his wealth growth from …
Juliana Kaplan,Madison Hoff
Deductions for megamansions and Ferraris: The IRS details tax dodges by the ultra-wealthy and says it recently squeezed 100 millionaires for $122 million in missing taxes
The IRS is ramping up enforcement on the ultra-wealthy, and it's already raked in about $160 millio…
Juliana Kaplan
How to calculate taxable Income in 2019-20 in old tax regime
Know the current income tax slabs for different salary ranges: …
The cancer-stricken winner of the $1.3 billion Powerball jackpot in Oregon will get a $422 million lump-sum after taxes and says he'll keep playing the lottery
Cheng Saephan, 46, is a Laos-born immigrant battling cancer who won the Powerball jackpot. He says …
Matthew Loh
It's pretty rare for Americans to claim negative income on their taxes like the Trumps did for 4 years between 2015 and 2020
Trump's tax return was one of just 5 million with adjusted gross income of under $1 in tax year 202…
Madison Hoff
Millions more people without children are now eligible for a tax credit that could save them thousands
The IRS made the Earned Income Tax Credit available to more childless people and young adults, savi…
Jason Lalljee
Trump bashes Democrats' new billionaire-tax plan and suggests he might flee the US but will 'stick it out'
"I just wonder, will I be allowed to run for president again if I move to another country?" ex-Pres…
Joseph Zeballos-Roig,Ayelet S…
Indonesia could start taxing its highest earners more
Indonesia is the latest country to look into potential tax reforms in the wake of the pandemic, wit…
Juliana Kaplan
Manchin's $60,000 income threshold for Biden's expanded child tax credit could cause 37.4 million kids to lose out on federal aid
It amounts to 60% of eligible kids across the US facing sharp cuts, including many in West Virginia…
Joseph Zeballos-Roig,Andy Kie…
Assam govt tables Rs 566 crore deficit budget, proposes no new tax
While reading out the budgetary proposals, Ajanta Neog, the first-ever woman finance minister of As…
PTI
If you earn ₹15 lakh, you save ₹15,600 with the new tax regime but you can’t claim tax benefits worth ₹73,000
The government’s new tax regime isn’t for everyone. If you earn less than ₹13 lakh per annum, it mi…
The lowest-paid workers saw their CEOs make 670 times their salaries last year — all while inflation cancelled out their raises
In 2021, some workers' salaries went down thanks to inflation. Meanwhile, some CEOs made 1,000 time…
Juliana Kaplan,Madison Hoff
Trump accused Warren Buffett in 2016 of taking 'massive' tax deductions. The future president paid just $750 in federal income tax that year.
Trump paid no income taxes in 10 of the 15 years before 2018, while Buffett said he'd paid them eve…