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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
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…
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
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
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…
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
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…
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…
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
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
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
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
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
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
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
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
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…
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
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…
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…