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3 mins read
Budget 2024: Increase standard deduction, exemptions and more, an aam aadmi's wishlist
Note that unless you specifically opt for the old regime, the new tax regime is considered as your …
3 mins read
Decoding Form 16: How do you file your taxes if you don't get Form 16?
While you can still download Form-16, there's another, manual way to figure out your tax liability.…
2 mins read
Capex and incentives will lead capital goods sector surge by 9-11% in FY25: CRISIL Ratings
In an outlook for India's capital goods sector, leading manufacturers are poised for sustained doub…
ANI
2 mins read
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
2 mins read
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
ANI
2 mins read
Sitharaman underlines Centre's support to states via timely tax devolution, GST compensation arrears
In her remarks, the Union finance minister underlined the government's support to states through ti…
PTI
2 mins read
RAI's Budget wishlist: Lower taxes for individuals, benefits on land rates, electricity
Retailing in India accounts for about 10% of the country's GDP. In its memorandum, the retail assoc…
PTI
2 mins read
Donald Trump reportedly wants to raise tariffs to pay for tax cuts
Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…
Filip De Mott
1 min read
The door is slamming shut on a $50 billion tax loophole used by the superrich
The Treasury and IRS proposed new tax regulations for the uber-wealthy that will result in $50 bill…
Geoff Weiss
3 mins read
Instacart shoppers are using the app's 'reorder items' button to see how much grocery prices increased over the years
Receipts from online-shopping apps like Instacart give a highly personal view into how inflation ha…
Dominick Reuter
1 min read
Airport industry to see profit before tax of $1.3 billion this fiscal
"The topline will grow due to an increase in aeronautical revenue along with the receipt of…
PTI
2 mins read
Income Tax Department seizes record ₹1,100 crore cash and jewellery in Lok Sabha elections 2024
As per the sources, by the end of May 30th, the department had seized approximately Rs 1100 crore w…
ANI
3 mins read
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
2 mins read
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
5 mins read
I'm a tax lawyer who helps wealthy people move to lower their taxes — and prepare for residency audits
Wealthy people have been moving out of high-tax states like New York for cheaper locations like Flo…
Jordan Pandy
4 mins read
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
1 min read
Netweb Technologies registers over 100% increase in total income
Netweb Technologies, a leading high-end computing solutions (HCS) provider in India, has achieved s…
2 mins read
Received a tax mismatch notice from the IT department? Here is how to set it right
An income tax mismatch notice can happen due to several reasons. In an increasingly digital world, …
2 mins read
Trump's plan to tax the entire world will result in the type of global trade war not seen since the Great Depression, think tank says
"The Trump plan is for increased tariffs on all products from all countries. It is not just America…
Filip De Mott
2 mins read
Here's an idea: a worldwide universal basic income paid for by a carbon tax. A study found that it could boost the global GDP by 130%.
A global universal basic income funded by carbon taxes could grow the global GDP by 130% while prom…