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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
1 min read
Bill Gates calls for higher taxes on the rich — but warns against crushing the American dream
Bill Gates said his ideal tax system would slash his net worth by 62% or about $100 billion, but st…
Theron Mohamed
5 mins read
Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended
The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…
ANI
3 mins read
Govt. offers relief on long-term capital gains for real estate, allows investors to choose between old and new LTCG regime
Indexation allowed investors to factor in the impact of inflation on their investment over the year…
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
2 mins read
Bill Gates says the rich would be a lot poorer if he set taxes — but banning billionaires isn't on his agenda
Bill Gates said the wealthy would be worth a third as much if he designed the tax system, but unlik…
Theron Mohamed
2 mins read
Bill Gates said if he were in charge of the US tax system he'd have paid 'tens of billions' more
Bill Gates told the Independent he'd pay "tens of billions" more if he designed the US tax system, …
Joshua Nelken-Zitser
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
3 mins read
How tax-deferred investing can increase a portfolio's value by 23% and the account that provides a triple benefit
The study looked at a 20-year period to see how much was gained with tax deferrals.
Laila Maidan
1 min read
Ukraine approves 'historic' war tax hike to help cover defense spending
The bill will raise a military tax on residents from 1.5% to 5% and see corporate tax on banks' pro…
Rebecca Rommen
3 mins read
How rich Americans can save on taxes by giving stock and real estate to their parents
The rich can avoid capital gains taxes by giving appreciated assets to their parents and inheriting…
Hayley Cuccinello
3 mins read
Bank of America's clients are selling stocks 80% more than normal to use this strategy that allows you to avoid capital gains taxes on big returns
Use this strategy to reduce your tax bill.
Christine Ji
2 mins read
October is the most popular time to use this tax-savings strategy to offset thousands of dollars in income: Morgan Stanley
October appears to be when investors most frequently employ the tax-savings method as the end of th…
William Edwards
2 mins read
College football fans are already starting to foot the bill for their athletes getting paid
The University of Tennessee is upping 2025 football ticket prices by 10% to help pay student-athlet…
Grace Eliza Goodwin
2 mins read
Realty stocks in limelight; Godrej Properties surges over 4%
The indexation benefit allowed taxpayers to compute gains arising out of the sale of capital assets…
PTI
2 mins read
Old electricity bills of BPL families to be waived off, says Jharkhand CM Hemant Soren
Jharkhand CM Hemant Soren announced the waiver of old electricity bills for families below the pove…
ANI
1 min read
After outrage, Govt clarifies: tax clearance certificate only for people with tax dues, high-value defaulters
As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…
PTI
3 mins read
GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums
O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…
PTI
2 mins read
Billionaire 'Bond King' Bill Gross recommends 4 defensive investments for a bull market he sees losing steam
Bill Gross says investors should focus on defensive and high-yielding stocks.
Filip De Mott
3 mins read
Budget 2024: Tax alterations affecting stock markets — capital gains tax, STT on F&O, and more
Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…