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2 mins read
Americans' growing wealth points to a boom in a tax-exempt corner of the bond market
Adjusted gross income in the US spiked 17.7% to $2.2 trillion in the 2021 tax year, the highest yea…
Yuheng Zhan
2 mins read
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
2 mins read
Claiming tax exemption showing rent paid to relatives? Five things to keep in mind
If you are employed, and receive a house rent allowance (HRA) as part of your salary, you have the …
1 min read
PLI, tax exemptions and financial support from government: Budget wishlist of space sector
According to ISpA's Director General, Lt. Gen. AK Bhatt (Retd.), the suggestions/wishlist were r…
1 min read
Insurance policies where premium is above ₹5L no more tax exempt
Insurance policies where the premium is over Rs 5 lakh will no longer be tax exempt, as per the pro…
3 mins read
BCCI stands to lose Rs 955 crore if ICC doesn't get tax exemption from govt
Tax surcharge refers to "an additional charge, fee, or tax that is added to the cost of a good or s…
PTI
1 min read
GST rates raised again, take out your cheque books. Wait, that’s taxed too
GST rates raised again, take out your cheque books. Wait, that’s taxed too
Bhakti Makwana
1 min read
Georgia GOP Senate nominee Herschel Walker set to receive 2022 tax exemption on Texas home meant for a 'principal residence': report
An official in the Tarrant County tax assessor office told the KFile that Walker used the tax exemp…
John L. Dorman
3 mins read
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
4 mins read
A lawyer’s wishlist from Budget 2021 includes these income tax rebates, deductions and holidays
The need of the hour is to increase the liquidity in the market. To effect the same, individual …
2 mins read
The ultrawealthy were in a "frenzy" about taxes pre-election — but now, according to one wealth advisor, clients are breathing a sigh of relief
Some clients are now asking why they spent so much money on lawyers and advisors ahead of the elect…
Juliana Kaplan
2 mins read
Israeli lawmakers grant Netanyahu tax exemptions on benefits
The Knesset Finance Committee - which is controlled by Netanyahu's allies - approved his request Tu…
PTI
2 mins read
Indian companies have to forego these exemptions to enjoy the $6 billion benefit from lower taxes
Corporate India is celebrating the sweeping tax cuts announced by Finance Minister Nirmala Sitharam…
2 mins read
Why Salaried employee wants more tax exemptions?
Looking at the budget announcement eagerly, the salaried middle class looks for increase in basi…
2 mins read
How to save Income Tax in India Schemes to Invest in 2019
Investing up to a limit of Rs. 1.5 lakh in schemes like Tax-Saver FDs, PPF (Public Provident Fun…
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…
1 min read
Govt intends to remove all income tax exemptions in long run: FM
New Delhi, Feb 1 () After slashing income tax rates for individuals on condition that they give up …
PTI
1 min read
ICC Board meeting: T20 WC fate to be decided next month, BCCI gets Dec deadline for tax exemption
"We will only get one chance to make this decision and it needs to be the right one...we will cont…
PTI
1 min read
Individuals paying for residential houses will get complete tax benefits
This means that adding the name of a close relative to the newly purchased property as joint …
1 min read
No capital gains tax for start-ups over 2 years old
As of now, there is no capital gains tax on share transactions in listed companies if those stocks …