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3 mins read

India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters

India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…

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5 mins read

GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal

Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…

PTI   


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2 mins read

GST taxpayers to get flexibility to decide on monthly tax payment

Come January 1 and GST taxpayers would be able to pay their tax dues on a self assessment basis wit…

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4 mins read

Lower rates alone will not stop GST evasion — simpler rules will

However, 20 months after it was introduced in July 2017, it has failed on both counts. Let’s tak…

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2 mins read

Interim Budget hikes outlay on big infra projects to Rs 11.1 lakh crore, cuts fiscal deficit to 5.1% of GDP

Finance Minister Nirmala Sitharaman decided to stick to the path of fiscal consolidation path as sh…

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2 mins read

'The era of tax cuts is over': The wealthy US 'investor class' will have to pick up the tab for coronavirus stimulus, Guggenheim co-chair says

The Federal Reserve's backstopping of risk assets should be paid for by those who profited from it,…

Ben Winck   


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2 mins read

Joseph Zeballos-Roig,Juliana …   


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SBI says tax cuts, and not rate cuts, can lift consumption

"Though the RBI is likely to bite the bullet to cut the rates to stimulate demand at next policy r…

PTI   


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5 mins read

5 reasons to applaud the smart, speedy jury that convicted the Trump Organization of tax fraud

They cut through 10 days of dense financial testimony and stacks of spreadsheets to reach the right…

Laura Italiano   


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1 min read

Budget proposes 'Vivad se Vishwas' scheme to cut down direct tax litigation

New Delhi, Feb 1 () With 4.83 lakh direct tax cases under litigation, the government on Saturday pr…

PTI   


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2 mins read

Corporate tax cut to mostly benefit less than 1 pc of companies: Survey

New Delhi, Jan 31 () The steep cut in corporate tax rate will benefit large companies the most as s…

PTI   


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2 mins read

With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars

Currently, the automobile sector attracts 28% GST along with personal-use aircrafts, lotteries…

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4 mins read

The GOP tax law gave most Americans a tax cut, but Trump's signature policy is still a political flop

This is similar to other recent polling that showed few people have taken notice of the law. 17% of…

Bob Bryan   


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3 mins read

Govt working on more measures to boost economy; income tax rate cut under consideration: FM

New Delhi, Dec 7 () Finance Minister Nirmala Sitharaman on Saturday said the government is working …

PTI   


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4 mins read

After seizing $47 million from crypto tax dodgers, South Korea is looking to tighten the net

Cryptocurrencies will no longer serve as a tax haven for investors in South Korea. The tax authorit…

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2 mins read

RBI Governor calls for coordinated action to give tax relief on petroleum products

Petrol and diesel prices in the country have reached historic high levels. Apart from global m…

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2 mins read

Govt stares at tax shortfall of Rs 2 lakh cr; room for personal income tax relief limited

New Delhi, Jan 26 () Tax collections in the current fiscal may fall short of targets by as much as …

PTI   


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3 mins read

Trump attacked Biden's economic plan as a huge tax hike for the middle-class. But most Americans wouldn't see their taxes directly increase.

Trump's attack on the Biden tax plan is misleading since most people wouldn't see their tax bills d…

Joseph Zeballos-Roig   


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2 mins read

Kellyanne Conway indirectly endorsed Roy Moore amid sexual misconduct allegations, saying a vote against him is a vote against tax reform

During a conversation about the Republicans' tax reform plan, Conway pivoted to Alabama's December …

Eliza Relman   


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2 mins read

No tax proposed on annual income up to ₹500,000

The middle-class in India has been hit hard by several indirect taxes, rising prices, and income ha…