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2 mins read

Here’s how Janet Yellen's proposed tax on unrealised capital gains may work

Capital gains tax is a tax on the profit that investors realise on the sale of their assets. If …

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2 mins read

Stocks might suffer if a Democrat 'blue wave' brings higher capital gains taxes, but any pain will be brief, JPMorgan says

Once the new rate kicks in, stocks will likely resume an upward pace just like they did in 1987 and…

Shalini Nagarajan   


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2 mins read

Biden wants to hit wealthy Americans with new tax hikes to fund childcare and education. Here's what it could mean for you.

The vast majority of Americans - between 98% and 99% - will likely see no tax increase under Presid…

Joseph Zeballos-Roig   


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3 mins read

Trump's proposed tax cut would mostly benefit wealthier Americans because of the way rich people make their money

Under the new proposal, the $1 million purchase price would be adjusted for inflation, giving an ap…

Andy Kiersz   


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2 mins read

These were the 10 best performing IPOs of 2021 amid a record year for stock market debuts

Global IPOs have raised $453 billion in proceeds, representing a 67% increase year-over-year and a …

Matthew Fox   


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2 mins read

IT department declares 363 as cost inflation index for current fiscal

The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…

PTI   


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1 min read

Govt exempts investment trusts, ETFs from capital gains tax in GIFT City

The government has exempted units of investment trusts and ETFs issued by entities based in GIFT Ci…

PTI   


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3 mins read

Trump's idea for a $100 billion tax cut that would give 97% of its benefit to the wealthy is legally dubious

According to independent analyses, Trump's plan would mainly benefit wealthy Americans who make up …

Bob Bryan   


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2 mins read

White House says its capital-gains tax hike will hit only those earning above $1 million to fund childcare and education

Brian Deese, director of the National Economic Council, said the last president who moved to equali…

Juliana Kaplan,Joseph Zeballo…   


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3 mins read

Here's why a jump in capital gains taxes doesn't spell the end for stock market gains, according to the world's largest wealth manager

Stocks rose in 2013 and 1987 after the capital gains tax rate was raised, but there have been decli…

Carla Mozée   


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2 mins read

What is inheritance tax

Inheritance Tax is what is payable to the government as tax on the properties that are inherit…

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2 mins read

Biden plans to nearly double the capital gains tax rate to as high as 43.4% for wealthy Americans, report says

While President Joe Biden isn't proposing an outright wealth tax, Bloomberg reports he would target…

Juliana Kaplan,Grace Kay   


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2 mins read

Congress likely to cap Joe Biden's capital gains tax hike at around 28%, Goldman Sachs says

Razor-thin majorities in the House and Senate mean a much lower increase in capital gains tax is li…

Harry Robertson   


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2 mins read

History says Biden's planned capital-gains tax will put immediate selling pressure on stocks, according to Goldman Sachs

The last capital-gains tax hike in 2013 sparked a stock sell-off worth roughly $100 billion, accord…

Emily Graffeo   


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2 mins read

Lawmakers call on 8 states to pass wealth taxes to help pay for childcare, affordable housing, and ending homelessness

Taxing the ultra-wealthy could raise billions to help middle-class families afford childcare and ho…

Juliana Kaplan