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2 mins read

51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime, notes FinMin data

The total number of ITRs for AY2024-25 filed till July 31, 2024, is more than 7.28 crore.

ANI   


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3 mins read

Budget 2024: Tax alterations affecting stock markets — capital gains tax, STT on F&O, and more

Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…

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CBDT forms committee for IT Act review; 'sunset' clauses to be eliminated

Central Board of Direct Taxes (CBDT) chairman Agrawal said the committee is looking at the best glo…

PTI   


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Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM

The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…

ANI   


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4 mins read

Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.

At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards hea…

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2 mins read

Something Harris and Trump can agree on: Tips for service workers should not be taxed

Both Vice President Kamala Harris and former President Donald Trump favor ending taxes on tipped in…

Katie Balevic   


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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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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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3 mins read

Amid violence, Bangladesh PM Sheikh Hasina leaves country in Army helicopter: Local media reports

Bangladesh Prime Minister Sheikh Hasina has left the country in a military chopper amid rising viol…

ANI   


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6 mins read

Hunter Biden was always doomed to lose his trial. His best bet is appealing a 'vindictive prosecution.'

President Joe Biden promised not to interfere with his son's criminal case. Hunter's lawyers say th…

Jacob Shamsian   


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4 mins read

How a Montana retiree will save on spiking home insurance and taxes by living in a type of housing that's illegal in many places

Sylvia, a 71-year-old retiree in Montana, is taking advantage of city and state laws encouraging th…

Eliza Relman   


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3 mins read

Wyoming, Delaware, and Montana are the most entrepreneurial states of 2024 so far. It might be due to business-friendly taxes.

Wyoming, Delaware, and Montana lead the US in new business formations this year. Cheap costs and fa…

John Towfighi,Juliana Kaplan   


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4 mins read

I refuse to marry my long-term partner. A divorce taught me marriage is nothing more than a business transaction.

Jeannie Assimos married when she was 40 and divorced her ex-husband four years later. She vowed she…

Jen Glantz   


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Why everyone from Joe Manchin to the DSA is happy with Tim Walz

Tim Walz went from a moderate House member to a progressive governor. But some of his appeal is pro…

Bryan Metzger   


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Trump fraud-trial lawyers distance themselves from Alina Habba in fighting $7,500 frivolous-filings sanctions from 2023

A group of Trump's lawyers says the judge in his NY fraud trial shouldn't have considered Alina Hab…

Laura Italiano   


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2 mins read

Nobel laureate Muhammad Yunus returns to Bangladesh from Paris to take charge of interim government

Yunus was in Paris for the Olympic Games. He returned to the country via Dubai. An Emirates…

PTI   


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India's new tax charter promises 'faceless' scrutiny — Here's what that means

Prime Minister Modi has pushed for reforms with a new tax charter that aims to reward honest taxpay…

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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   


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Taxpayers’ Charter — What the Income Tax department expects from you and what it promises in return

Prime Minister Narendra Modi launched India’s new taxpayer charter today with the hopes that more t…

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3 mins read

Why are so many Indians renouncing their citizenship from Delhi, Punjab, and Gujarat?

There has been a recent surge of Indian citizens renouncing their citizenship. What factors have le…