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Govt to abolish angel tax on investments in startups
The removal of the angel tax is expected to be a boost for startups as it will help in promot…
PTI
Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme
With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…
PTI
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
DPIIT recognises 1.40 lakh entities as startups as on June 30, 2024
Under Fund of Funds for startups, Rs 805.86 crore was invested in the startups by supported AIFs (A…
PTI
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
New business owners could get a $50,000 tax deduction under Kamala Harris's plan
Kamala Harris's next big economic proposal hinges on making it easier for you to start a small busi…
Juliana Kaplan
Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts
According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…
PTI
Startups incorporated till March 2024 to get income tax benefits: FM
The government on Wednesday proposed to extend income tax benefits to startups incorporated till Ma…
PTI
Two tax regimes & rise of freelancers drive people to tax experts, chartered accountants
The option of the new and old tax regimes and complex taxation laws require the assistance of exper…
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
A tax guru explains all that is wrong with Indian government’s latest requirement for startups to disclose creditors’ source of income
While the government of India has set forth the agenda of “trust-based governance”, it has also iss…
Income tax bonanza, capex push emerge as the stars of Budget 2023-24
An upward revision in income tax slabs and a continued push on capital expenditure investments emer…
FM Nirmala Sithraman keeps tax slabs unchanged
As expected and in relief for the citizens, the central government neither tweaked nor put any addi…
ANI
It's tax season. Here's what to do if you get a rebate.
If you do snag a rebate, what should you do with it? It's a question plenty of Americans contemplat…
Dan DeFrancesco
CBDT exempts startup investments from 21 nations including US, UK from angel tax
India’s finance ministry has announced that non-resident investors in unlisted Indian start-ups fro…
PTI
Income Tax dept selects 68,000 high-value transaction cases for e-verification
CBDT chief Gupta said that the I-T department had taken several progressive steps to encourage volu…
ANI
Budget 2023-24 highlights: Those with income below ₹7 lakh a year need not pay income tax
The FM today changed the income tax rebate limit from ₹5 lakh per annum to ₹7 lakh per annum in the…
How to calculate income tax on stock market earnings
Incomes of all kinds are taxable. While a few financially sound people understand the tax calculati…
India is betting on casinos, online games and horse races to fill its coffers
Online betting, gambling, casinos and horse racing have long been treated ‘unfairly’ by the Indi…
Anomalies that need to be fixed in India’s startup regulations
The regulatory clamp down on similar segments in China helped the valuations of Indian startup…