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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   


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1 min read

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   


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2 mins read

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   


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4 mins read

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   


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2 mins read

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   


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3 mins read

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   


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2 mins read

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   


Business Insider Latest Story Image
4 mins read

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   


Business Insider Latest Story Image
1 min read

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   


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4 mins read

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   


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6 mins read

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…

Business Insider Latest Story Image
2 mins read

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   


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3 mins read

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   


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2 mins read

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   


Juliana Kaplan,Ayelet Sheffey   


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1 min read

India slashes windfall tax on crude petroleum

The central government has reduced windfall tax on crude petroleum, according to a government notif…

ANI   


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1 min read

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   


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2 mins read

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   


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1 min read

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   


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2 mins read

'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…

Ayomikun Adekaiyero