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2 mins read

New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know

The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…

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7 mins read

SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how

It's no secret that futures and options see extreme risks, with most traders losing money regularly…

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4 mins read

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   


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5 mins read

Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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3 mins read

Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams

There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…

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2 mins read

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   


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6 mins read

Union Budget 2024: A handy FAQ guide to decode the upcoming budget

​​​Weeks before the budget presentation, the finance minister also meets representatives from vario…

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2 mins read

Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem

The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…

Filip De Mott   


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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, …

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4 mins read

Cork Gaines   


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2 mins read

Airbnb just dropped more bad news about the US consumer

The company reported weakening demand from US customers as people book trips closer to travel dates…

Ana Altchek   


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2 mins read

Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn

The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …

Filip De Mott   


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2 mins read

US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions

The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…

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2 mins read

Skoda plans to launch an updated electric vehicle in India in 2025

Skoda Auto will roll out its electric vehicle in the Indian market in 2025. In an exclusive interac…

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2 mins read

Vermont is debating a 'millionaires tax.' Massachusetts added $1 billion to its budget and paid for school lunches with a similar tax.

Vermont lawmakers are debating a 3% tax on residents earning more than $500,000 yearly. It would be…

Kenneth Niemeyer   


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5 mins read

It's tax season. Here's what to do if you get a rebate.

If you do snag a rebate, what should you do with it? It's a question plenty of Americans contemplat…

Dan DeFrancesco   


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1 min read

Texas residents are moving to New Mexico by the thousands. Some are citing high property taxes.

Thousands are moving from Texas to New Mexico, citing the high property taxes in the Lone Star Stat…

Katie Balevic   


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1 min read

Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine

Putin is widely expected to coast to reelection, after which Bloomberg reported that the country co…

Yuheng Zhan