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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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2 mins read

Bill Gates thinks the super-wealthy should pay more tax – and plenty of rich people agree

Bill Gates told the World Economic Forum that countries, companies and individuals who have the mos…

Jyoti Mann   


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3 mins read

British billionaire slashes the price of his London mansion by $13 million, saying the rich are fleeing the UK. See inside the storied property.

The house has previously hosted celebrities like Amy Winehouse and Kate Moss. It is on the market f…

Nathan Rennolds   


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2 mins read

Spain is doubling down on taxing the rich with a so-called 'solidarity tax' on 23,000 super wealthy people

Around one in every 1,000 taxpayers in Spain will have to pay a new wealth tax, which the governmen…

Grace Dean   


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2 mins read

Elon Musk says Biden's desire to tax the ultra-rich would 'upset a lot of donors'

Elon Musk took a dig at wealthy Democratic donors and President Joe Biden's plans to tax the rich i…

Grace Kay   


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4 mins read

India’s rich to shell out more for luxury cars, global travel but may have more to invest

The Union Budget 2023-24 is being hailed as the common man’s budget, but at the same time many …

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4 mins read

The American appetite to tax the rich is high — and growing with each passing year

The recent developments in Washington state offer a warning for America's wealthiest people and cor…

Paul Constant   


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3 mins read

The Titan disaster has actually sparked more interest from the super-rich in extreme adventures, the founder of a luxury travel company says

Philippe Brown said that "most" of his company's ultra-wealthy clients included visiting the Titani…

Grace Dean   


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3 mins read

Democrats ran on undoing Trump's tax cuts for the rich. But they're here to stay.

Sinema slammed the brakes on Democratic efforts to unwind the Trump tax law. Now Democrats may not …

Joseph Zeballos-Roig   


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2 mins read

Argentina to tax the super-rich to pay for equipment and supplies needed to fight COVID-19

Argentina is taxing its wealthiest 0.8% of taxpayers in an effort to cover the costs of coronavirus…

Joshua Zitser   


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3 mins read

No tax on India's super rich — government issues an inquiry against 50 IRS officers who released the 'FORCE' report

A policy paper suggesting that a wealth tax and a 4% Coronavirus cess should be levied on the super…

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3 mins read

The super rich in India may face wealth tax and one-time COVID-19 relief cess of 4%

The Indian Revenue Service Association (IRSA) has suggested the imposition of wealth tax on the sup…

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2 mins read

Super-rich escape defaulter tag for not paying advance taxes

Such relaxation would be available if the entire advance tax or TDS for the period prior to …

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6 mins read

Income tax changes: More savings on home loans and more tax on the super rich

During the interim budget, the Indian government already extended the non-taxable slab upwards of…

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2 mins read

'Tax us. Tax us. Tax us.' 83 millionaires signed letter asking for higher taxes on the super-rich to pay for COVID-19 recoveries

A group of 83 millionaires have signed an open letter calling on governments to tax them "substanti…

Mia Jankowicz   


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1 min read

The higher tax on India's super rich continues-- only the capital gains are exempt

In a bid to restore the faith in the Indian economy and the Narendra Modi government, Finance Minis…

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6 mins read

Meet an island salesman who started as a tour guide and now helps the super-rich buy and sell private islands all over the world

Chris Krolow is the former host of HGTV's "Island Hunters." He buys, sells, and rents private islan…

Mark Ellwood   


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2 mins read

Here's how rich you need to be to be among the wealthiest 1% in the US, UK, and China

You need to have a net worth of $12.4 million to be among the richest 1% of people in Monaco, data …

Grace Dean   


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1 min read

Joe Biden says Liz Truss's plan to cut taxes for Britain's 'super-wealthy' was a 'mistake' as the UK prime minister battles to stay in power

The US president said the decision to abandon $50 billion of unfunded tax cuts aimed at the UK's hi…

Ryan Hogg