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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
Govt hikes windfall tax on crude petroleum, cuts levy on diesel
The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…
PTI
Will consider EU suggestion on CBAM, come up with whatever good for Industry: Goyal
The minister said he feels the CBAM will hurt the EU "very" badly, as infrastructure, cost of…
PTI
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
Abolition of angel tax a landmark reform benefiting India's startup ecosystem; will attract global investors: USISPF
The USISPF said this action creates parity between domestic and foreign players and will be an impo…
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
Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem
The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…
Filip De Mott
A Swiss city cut red tape and ended up with many more homes. It's a model for the US.
New research in Switzerland adds to the international literature finding that upzoning boosts the s…
Eliza Relman
Sitharaman announces cut in customs duty on gold, silver to 6%
The reduction in basic customs duty of gold, silver and platinum has been a long pending demand…
PTI
FM cuts customs duty on minerals critical for energy transition
"We will bring out a policy document on appropriate energy transition pathways that balances th…
PTI
Union Budget 2024: A handy FAQ guide to decode the upcoming budget
Weeks before the budget presentation, the finance minister also meets representatives from vario…
Startups demand angel tax elimination, incentives on investments in upcoming budget
Startups in India have high expectations from this year's upcoming Union Budget. The early-age star…
ANI
I moved 1,800 miles and took a 20% pay cut to live near my parents. It's a high-cost area, but they get to see our kids.
Family moved from Texas to Massachusetts, accepting a pay cut and higher living costs, in exchange …
Jane Ridley
Oregon lawmakers oppose a corporate tax hike to fund a $1,600 annual universal basic income. But voters will decide.
A bipartisan coalition of Oregon lawmakers is fighting a ballot measure that would hike corporate t…
Katie Balevic
President Biden's new budget wants to bring back the child tax credit and make sure Americans don't face Social Security cuts all while taxing billionaires and big companies more
President Joe Biden's latest budget proposal would expand the child tax credit and create a paid-le…
Juliana Kaplan,Ayelet Sheffey
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
Billionaire Jamie Dimon says the rich should pay more to fund tax cuts for lower-income Americans
JPMorgan CEO Jamie Dimon said the US government should expand federal tax credits for struggling lo…
Sawdah Bhaimiya
New parents could get $6,000 for the first year of their child's life and a restored child tax credit in Kamala Harris' new economic plan
Vice President Kamala Harris is proposing tax cuts for new parents and working families as she gear…
Ayelet Sheffey,Juliana Kaplan
Govt cuts windfall tax on domestic crude, export of diesel, ATF
The government on Tuesday cut special additional excise duty (SAED) on crude petroleum to Rs 9,050/…
PTI
'Hit Man' was meant to be set in Houston, but switched to New Orleans because of tax incentives
"Hit Man" is based on a real-life undercover hitman who operated in Houston — but finances shunting…