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8 mins read

Exclusive: Hunter Biden's tax returns

Hunter Biden's 2018 tax return, published here by Business Insider, complicates the narrative laid …

Mattathias Schwartz   


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2 mins read

5 ways to lower your portfolio's tax bill as government debt bites, BofA says

The end-game to America's $34 trillion pile of debt is either higher taxes or higher inflation. Her…

Matthew Fox   


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4 mins read

India’s Income Tax Burden: Mere 0.3% of adult population account for 76% of total personal IT receipts

Data shows that currently India has 66.5 million individuals who pay personal income tax, which is …

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4 mins read

Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.

Warren Buffett teased a potential Canada bet, predicted Berkshire would surpass $200 billion in cas…

Theron Mohamed   


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3 mins read

India should use calibrated retaliation mechanism to deal with EU's carbon tax, says report

India should positively consider imposing retaliatory customs duties in a calibrated manner on cert…

PTI   


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3 mins read

Trump is fighting back after a court monitor's report suggested he evaded taxes

An update from Donald Trump's court monitor in his New York fraud trial suggests he may have lied a…

Hannah Getahun,Katherine Tang…   


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3 mins read

Tax implications on income of a minor – What every parent should know

Income earned by a minor child from activities involving their skills, talent, or specialised knowl…

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1 min read

Oil India's Q2 net profit drops 81% on tax provisioning

State-owned Oil India Ltd's second quarter net profit dropped 81 per cent on a one-time provisionin…

PTI   


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6 mins read

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…

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4 mins read

ITR filing deadline is today – If you miss it, there are more consequences than just a penalty

The Income Tax Act provides provisions for offsetting and carrying forward losses. Offsetting invol…

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3 mins read

Have foreign assets or income? Not disclosing it may lead to heavy penalties

Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…

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3 mins read

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…

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3 mins read

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…

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4 mins read

Looking to file taxes on your own? Here is what you need to keep in mind

It is that time of the year again – when we have to file our taxes. While we can take the services …

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3 mins read

Payment of 1% GST in cash only for 45,000 taxpayers: DoR sources

The government's decision on mandatory payment of at least 1 per cent of GST tax liability in cash …

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2 mins read

Taxing times persist for Delta Corp as ace investor Ashish Kacholia sells shares

Delta Corp has been under pressure in the past six trading sessions with the stock sliding more tha…

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2 mins read

How to check TDS, dividend income, and income tax refund using the AIS for Taxpayers app

The Income Tax (IT) department recently launched a new application for mobile users that allows tax…

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6 mins read

Are you moonlighting? Here is what to know when filing your taxes

Moonlighting is the act of engaging in a secondary job or additional work alongside one's primary e…

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5 mins read

Presumptive taxation: The scheme that eases burden on small businesses

Running a small business or a professional service can often involve a single person or a few peopl…

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3 mins read

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…