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3 mins read

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…

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6 mins read

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…

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4 mins read

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…

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3 mins read

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…

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2 mins read

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   


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1 min read

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…

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3 mins read

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   


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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   


Juliana Kaplan   


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3 mins read

How to calculate taxable Income in 2019-20 in old tax regime

Know the current income tax slabs for different salary ranges: …

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2 mins read

Matthew Loh   


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3 mins read

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   


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3 mins read

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   


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2 mins read

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…   


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2 mins read

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   


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4 mins read

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…   


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1 min read

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   


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7 mins read

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…

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2 mins read

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   


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2 mins read

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…

Theron Mohamed