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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…
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
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
GOP lawmaker attacks tax-exempt status of US colleges failing to condemn Hamas' 'barbaric' attacks
A top GOP lawmaker attacked US colleges for failing to condemn Hamas' "barbaric acts of terrorism" …
Thibault Spirlet
A pro-Trump group organizing a DC rally for Jan. 6 defendants lost its tax-exempt status - but is still claiming donations are tax-deductible
Look Ahead America, founded by a former Trump campaign staffer, has been soliciting "tax-deductible…
Charles Davis
Are you an NRI having income in India? Here’s how you will be taxed
You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…
Taxability of employee benefits may decide which tax regime makes more sense for you
When deciding between the old and the new tax regimes, most of us will consider the most common ded…
Made a mistake while filing tax returns? Here’s how to file a revised ITR
The process of revising a tax return involves making necessary updates and corrections to a previou…
How to compare your tax liability in old and new tax regimes
Finance Minister Nirmala Sitharaman, during the 2023-24 Budget, announced that the new tax regime h…
Have a home loan? You may want to opt for the old tax regime
Home loan holders may be able to save more money on taxes under the old tax regime by claiming maxi…
Israeli lawmakers grant Netanyahu tax exemptions on benefits
The Knesset Finance Committee - which is controlled by Netanyahu's allies - approved his request Tu…
PTI
Union Budget 2023: A look at personal tax proposals
The Economic Survey of 2022-23 expects the Indian economy to grow at 7% for the year ending March 2…
RBI report flags large-scale variation in property tax collection across civic bodies
It may look surprising but it is a fact that the property tax revenue of the municipal bodies in De…
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
GOP tax bill aims to let churches take political positions without losing tax-exempt status
"This policy has successfully shielded our nation's charitable community against the rancor of part…
Joe Perticone
Here’s why there is less adoption of the new tax regime and how budget 2022 can make it more attractive
In last year’s union budget, India’s finance minister Nirmala Sitharaman had announced a new tax re…
I'm a millionaire. Biden's plan to raise my taxes is a great idea.
Rich people like me are going to invest no matter what the capital gains tax is, so go ahead and ra…
Morris Pearl
Sweeping Tax Reform Proposal Would End Tax-Exempt Status Of Pro Sports
Under current tax law, a professional football league is granted tax-exempt status as a 501(c)(6) o…
Brett LoGiurato
Unemployment benefits were set to be taxed. Senate Democrats may have just fixed that.
Under a new provision in the Senate's version of the stimulus, unemployed workers would no longer g…
Juliana Kaplan
Bonds can be taxable or tax-free here's your guide to the different types and calculating what's due on them
Bonds are divided into two classes: taxable and tax-exempt. While their capital gains are always ta…