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Decline in bank deposits because of non-uniform tax treatment on various investment options: SBI report

On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its lates…

ANI   


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Illinois is considering a 3% tax on millionaires to solve the state's skyrocketing property tax problem

A millionaires tax has helped other states tackle big problems. It helped Massachusetts provide fr…

Kenneth Niemeyer   


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1 min read

EV makers slide on report Trump wants to scrap EV tax credit

Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of b…

Matthew Fox   


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Economic Survey calls for urgent agricultural reforms; cites growth hurdles

The survey identified several key challenges, including balancing growth with food inflation manage…

PTI   


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Trump's tax cuts could boost S&P 500 earnings by 20% over the next 2 years, Goldman Sachs says

Each percentage point cut to the corporate tax rate could boost S&P 500 earnings by slightly less t…

Jennifer Sor   


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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   


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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   


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How immigration reform will supercharge the labor market, reduce national debt by over $600 billion in the next 2 decades: Research Affiliates CIO

Declining US fertility rates and an aging workforce make immigration reform an "economic necessity,…

Christine Ji   


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Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%

He, however, said it is not just a demand for Telangana but for all states, ensuring a more coopera…

PTI   


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GST council meeting today: Tax on health insurance premiums expected to be reduced, says report

The 54th GST Council meeting is set to make a major decision on the GST rate on health insurance pr…

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6 mins read

Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000

​More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…

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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   


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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   


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Union Budget 2024-25 key highlights: Angel tax to be scraped

You can watch the presentation live on the official Youtube channels of the government. After her s…

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Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts

According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…

PTI   


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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