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About 6 cr ITRs filed for FY24; 70% under new tax regime
Addressing the post-budget session of PHD Chamber of Commerce and Industry, Malhotra said there wer…
PTI
Economic Survey 2023-24: Where does India stand on the employment, and what's next?
While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…
Cipla gets Rs 773 cr demand notice from I-T dept
Shares of Cipla on Tuesday settled 0.56 per cent down at Rs 1,507.50 apiece on the BSE.
PTI
ITR filing: Documents you need to file your income tax return
If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS…
Infosys says Karnataka govt withdrawing pre-show cause notice on GST notice
Infosys says that the Karnataka State authorities are withdrawing the pre-show cause GST notice iss…
ANI
Economic Survey shows India's energy needs to grow 2.5x, healthy growth in formal employment
Over the last decade, the manufacturing sector managed to mark an average annual growth rate of 5.2…
India-US agrees to extend 2% digital tax on e-commerce supplies until June 30
On Oct 8, 2021, both countries joined 134 other members of the OECD/G20 Inclusive Framework (includ…
ANI
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
Senators ask DOJ to investigate 'serious possibility of additional tax fraud' by Clarence Thomas
Two Democratic Senators asked Attorney General Merrick Garland to launch a special counsel investig…
Katherine Tangalakis-Lippert
The Kansas City Chiefs want millions in tax incentives so the team can switch states
The Kansas City Chiefs and Royals want to move from Missouri to Kansas as lawmakers vote on a tax-i…
Grace Eliza Goodwin
IT department declares 363 as cost inflation index for current fiscal
The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…
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…
Ayomikun Adekaiyero
How a Montana retiree will save on spiking home insurance and taxes by living in a type of housing that's illegal in many places
Sylvia, a 71-year-old retiree in Montana, is taking advantage of city and state laws encouraging th…
Eliza Relman
Wyoming, Delaware, and Montana are the most entrepreneurial states of 2024 so far. It might be due to business-friendly taxes.
Wyoming, Delaware, and Montana lead the US in new business formations this year. Cheap costs and fa…
John Towfighi,Juliana Kaplan
A tax on millionaires might soon pay for universal free community college in Massachusetts
The Massachusetts state Senate passed a fiscal budget that includes plans for universal free commun…
Kenneth Niemeyer
The IRS has failed to police the huge tax breaks offered by Puerto Rico, whistleblower claims
According to The New York Times, an IRS insider wrote that less than 1% of those using a Puerto Ric…
Filip De Mott
Last-minute rush: 5 things to do before March 31
March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…
A tax expert shares the misconceptions and hidden costs the wealthy face when moving to Puerto Rico for tax breaks
The tax benefits of moving to Puerto Rico have misconceptions about capital gains and the requireme…
Cork Gaines
Falling birth rates are freaking countries out and spawning dubious fixes like tax breaks, cheaper cars, and free surgery
Countries are trying everything to combat declining fertility rates, with some eye-popping approach…
Joshua Zitser
I 'escaped' Texas for Tennessee. I loved the food and tech scene, but got tired of the heat and rising property taxes.
Jim Ward, who moved to Tennessee in 2021 after 20 years in Texas, said his life has greatly improve…