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1 min read
“Sugar early in life is the new tobacco”: Scientists urge food companies to reformulate baby foods and tax sugary options
Research on individuals born in the 1950s UK revealed that those exposed to lower sugar levels duri…
3 mins read
Using tax credits and rebates to your advantage could save you thousands on a new electric vehicle
Federal and state tax credits can give you money back for buying an electric car.
Nora Naughton,Alexa St. John
2 mins read
New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know
The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…
2 mins read
In rambling, hours-long speech, Trump introduces new car loan tax proposal
Trump was slated to announce a new economic proposal in Detroit. It took him quite a bit of time to…
Bryan Metzger
2 mins read
Sitharaman urges tax officials to prevent doubts from escalating into grievances
Union Finance Minister Nirmala Sitharaman on Friday urged officers of the Central Board of Indirect…
ANI
7 mins read
My family bought a vacation home in Lake Tahoe for $113,000. A new tax could push us out.
My family's cabin in South Lake Tahoe changed our lives. A vacation homes tax to make living there …
Amanda Yen
1 min read
About 6 cr ITRs filed for FY24; 70% under new tax regime
Addressing the post-budget session of PHD Chamber of Commerce and Industry, Malhotra said there wer…
PTI
2 mins read
54th GST Council meeting to take place on September 9 in New Delhi
The 54th GST Council meeting took place on September 9, 2024, in New Delhi to address rate rational…
ANI
4 mins read
Americans moving to Canada should be aware of these 4 tax and investment implications
Interest in moving to Canada has spiked among Americans. Financial advisor Tiffany Woodfield shares…
Christine Ji
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
2 mins read
Illinois is considering a 3% tax on millionaires to solve the state's skyrocketing property tax problem
A millionaires tax has helped other states tackle big problems. It helped Massachusetts provide fr…
Kenneth Niemeyer
3 mins read
Confused about the new tax regime? Here's when you should opt for it
The new regime was introduced in budget 2020 to simplify taxation, and offer lower rates of taxes c…
1 min read
First draft of new and simplified Income Tax law to be prepared by internal tax dept committee: Revenue Secretary
The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…
PTI
4 mins read
The top 5% will benefit from Trump's tax plans while the rest of America pays more, a new analysis says
Trump's proposed tariffs could hurt lower earners' wallets, while extending the former president's …
Juliana Kaplan,Ayelet Sheffey
4 mins read
All you need to know about the new tax regime
The new tax regime was introduced in Budget 2020 as a means to simplify tax calculations and offer …
6 mins read
Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000
More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…
2 mins read
Mark Cuban says Trump seems to have 'a new tax cut or tariff' for every city he visits
Cuban had earlier called Trump's call for 200% tariffs on John Deere "insane" and a "good way to de…
Kwan Wei Kevin Tan
1 min read
Mike Johnson says Congress needs to figure out the math behind Trump's tax cuts on tips
The President-elect said in September that ditching taxes on overtime pay would give "people more o…
Huileng Tan
5 mins read
What a Trump or Harris presidency would mean for your tax bill
BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…
Juliana Kaplan,Bryan Metzger
1 min read
New York City will sell bonds backed by taxes on mansions to fund the subway
New York will sell bonds backed by a "mansion tax," a one-time tax on properties over $2 million, t…