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5 mins read

This tactic to avoid income taxes without moving to Florida could surge thanks to a 'silver tsunami'

Rich business owners looking to cash out can save big on income taxes by setting up trusts in tax-h…

Hayley Cuccinello   


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5 mins read

From ALICEs to HENRYs, here's what people across the tax brackets discuss in therapy

Therapists shared what their clients talk about with Business Insider. While ALICEs struggle with t…

Serafina Kenny   


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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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7 mins read

SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it

Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…

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7 mins read

SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how

It's no secret that futures and options see extreme risks, with most traders losing money regularly…

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3 mins read

Attention! Here's what's changing with your PPF, F&O trading, and buybacks, starting today!

The interest rates on various small savings schemes were left unchanged by the Finance Ministry for…

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4 mins read

A couple who moved from Hawaii to Colorado for a lower cost of living are struggling to afford a home on a six-figure income

A millennial couple who earn $110,000 say homeownership feels out of reach in Colorado. They're try…

Jacob Zinkula   


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5 mins read

Kamala Harris' tax plan for small businesses sounds like it will cost a lot of money — it won't

The proposal may represent an opportunity for bipartisan agreement, as experts told BI that neither…

Alice Tecotzky   


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3 mins read

Tax implications on income of a minor – What every parent should know

Income earned by a minor child from activities involving their skills, talent, or specialised knowl…

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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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2 mins read

Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem

The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…

Filip De Mott   


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3 mins read

South Africa's cash giveaway plan is not universal basic income, experts say

A South African program would pay too little money to too few people to qualify as universal basic …

Theron Mohamed   


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3 mins read

Have foreign assets or income? Not disclosing it may lead to heavy penalties

Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…

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3 mins read

This millennial DINK couple loves spending their disposable income on luxury vacations but worries about who will take care of them when they're older

Brenton and Mirlanda Beaufils are a millennial DINK couple who spend their disposable income on vac…

Erin Snodgrass   


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1 min read

Zero income tax and tight security makes Dubai one of the best destinations for a 'workation,' study finds

The "workation" is a relatively new trend that lets workers take trips while working remotely. The …

Beatrice Nolan   


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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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2 mins read

Only 2 days left to link PAN with Aadhaar – Missing the deadline will lead to PAN deactivation and more

The Finance Ministry had extended the deadline to link one’s Permanent Account Number (PAN) with Aa…

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3 mins read

Your comprehensive document checklist for income tax return filing

The income tax return filing, or ITR filing, season will be here soon and with that has begun the s…

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4 mins read

People are getting taxed for gig work they've never done

Uber and DoorDash have been sending tax forms to people who have never worked for the gig delivery …

Alex Bitter   


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2 mins read

BBC India survey indicated tax evasion on remittances, discrepancies in transfer pricing: Govt

The Income Tax Department gathered several evidences pertaining to the BBC India's operation which …

ANI