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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   


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2 mins read

Centre releases Rs 1.78 lakh crore to states for festive season, with largest shares to Uttar Pradesh, Bihar, and Madhya Pradesh

Among the other states, Andhra Pradesh received Rs 7,211 crore, Tamil Nadu received Rs 7,268 crore,…

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3 mins read

SC dismisses review pleas on allowing states to levy tax on minerals

The Supreme Court has dismissed petitions seeking to review the 9-judge bench judgement, which held…

ANI   


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1 min read

Rise in cess, surcharge shrinking states' share in divisive pool of taxes: Kerala CM

Vijayan was speaking at a conclave of five non-BJP-ruled states organised by Kerala to discuss the …

PTI   


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Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%

He, however, said it is not just a demand for Telangana but for all states, ensuring a more coopera…

PTI   


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GST slab changes unlikely soon; request for GST rate cut on insurance proposed by few states

Proposals have come for reducing rates for insurance, hospitality and beverages, and the online gam…

ANI   


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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   


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Higher taxes for cheaper childcare? 3 localities are voting on it and we want to hear from you.

Counties in California, Texas, and Minnesota will vote on tax hikes for childcare. We want to hear …

Allie Kelly   


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Did you know about the only Indian state exempt from paying any income tax? Know all about it here

​​Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…

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1 min read

ED conducts raids in Gujarat in GST fraud case

The Enforcement Directorate conducted multi-city searches in Gujarat related to a money laundering …

PTI   


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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   


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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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3 mins read

Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI   


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2 mins read

Try this higher-interest, lower-tax alternative to CDs while rates are still high

If you're considering investing in a CD, you might look at this other cash equivalent instead.

William Edwards   


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3 mins read

Elon Musk took the stage at a Trump rally to talk about taxes and the 'Department of Government Efficiency'

Musk did not elaborate on policy changes or spending cuts he would implement if he were to join a h…

Katherine Tangalakis-Lippert   


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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   


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3 mins read

I moved from the US to Australia. My employer contributes over 11% to my retirement, and I don't pay property taxes.

Chelsey Nelson moved from the US to Australia to be with her boyfriend. They get taxed 39% of their…

Kelly Burch   


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Sitharaman underlines Centre's support to states via timely tax devolution, GST compensation arrears

In her remarks, the Union finance minister underlined the government's support to states through ti…

PTI   


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Zerodha co-founder Nithin Kamath says bracing for a huge revenue hit even as the company hits ₹8,320 crore revenue in FY24

Zerodha, an Indian financial services firm, is preparing for a potential revenue decline due to upc…