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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…
4 mins read
New govt to inherit strong economy, focus on making India developed nation by 2047
India's world record beating economic growth rate together with robust tax revenues, a fast expandi…
PTI
3 mins read
Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch
As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…
PTI
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
4 mins read
Biden and Trump have wildly different approaches to bringing home prices and rents down
Biden has pushed for more federal involvement in housing policy. Trump proposed massive cuts to fed…
Eliza Relman
2 mins read
Biden's Education Department is considering avenues to make 450,000 more workers eligible for a key student-debt cancellation program
The Education Department issued a request for information on expanding Public Service Loan Forgiven…
Ayelet Sheffey
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
The House passes a bill to give parents a boosted child tax credit and businesses tax relief
Families that are covered under the legislation could see their 2023 taxes cut by $680.
Juliana Kaplan,Ayelet Sheffey,Lloyd Lee
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
4 mins read
A homeless advocate of 40 years says finding homes for unhoused New Yorkers with vouchers has never been so hard
Marc Greenberg, the executive director of the Interfaith Assembly on Homelessness & Housing, says h…
Eliza Relman
1 min read
Bill to amend Central Goods and Services Tax Act introduced in Lok Sabha
A bill to align provisions of the Central Goods and Services Tax Act with the Tribunal Reforms Act …
ANI
4 mins read
New York tech workers make $135,000 on average, but can't afford the vast majority of apartments on the market
Tech workers are flooding into New York City, but they're having a hard time finding places to live…
Eliza Relman,Madison Hoff
6 mins read
Many drivers for Uber, Lyft, and DoorDash are earning well below minimum wage, even with tips, a new paper finds
Many gig drivers earn less than local minimum wage after expenses, some earning just 40 cents an ho…
Noah Sheidlower,Jacob Zinkula
1 min read
Avoiding a US debt crisis is 'economically easy,' but politics stands in the way of urgent reform, research firm says
"Rising debt levels would, at some point, increase inflation and interest rates as well as depress …
Filip De Mott
7 mins read
Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…
Theron Mohamed
3 mins read
A policy that's supposed to create more affordable housing often backfires, leaving cities with higher home prices and rents. There's a way to fix that.
Inclusionary zoning is often so expensive that developers build less housing overall. Making it vol…
Eliza Relman
2 mins read
Spain is about to make it much harder for wealthy foreigners to buy their way into residency
Spain joins a growing list of EU countries walking back the foreign investment programs, as housing…
Shubhangi Goel
2 mins read
Blackstone to invest $2 bn every year in India; wants quicker M&A clearances
Global private equity major Blackstone Group is confident of investing USD 2 billion annually in In…
PTI
6 mins read
The Trump-supporting governor of Montana is staking his reelection on a set of 'miracle' YIMBY housing policies
Montana Gov. Greg Gianforte is touting a slew of bipartisan housing bills celebrated by YIMBYs acro…
Eliza Relman
7 mins read
Big Pharma rakes in $215 billion a year in America yet pays almost no taxes
Americans are getting screwed over by Big Pharma twice: first by high drug prices and again by the …