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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…
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
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
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
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
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
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
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
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
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
India budget expectations: Reform in ESOP taxes, allocations needed to address skill gaps
Over the next few years, the biggest challenge for companies in India will be not lack of capital, …
US synagogues face skyrocketing security costs. Rabbis call it an 'antisemitism tax.'
Synagogues require heavier security as antisemitic incidents surge amid the Israel-Hamas war. Rabbi…
Talia Lakritz
Biden says Rick Scott's controversial tax plan is 'extreme, as most MAGA things are'
"If they hadn't put this in print, you'd think I was making it up," the president said in a speech …
Juliana Kaplan,Ben Winck
Joe Manchin gave a fresh hint on what he wants from a skinny Build Back Better: 'Just fix the tax code'
It's sometimes hard to know what, exactly, Sen. Joe Manchin wants from legislation — but it s…
Juliana Kaplan,Joseph Zeballos-Roig
Justice Elena Kagan publicly contradicts Alito, says Congress can pass SCOTUS ethics reforms
Kagan stressed that she was not directly responding to Alito, but it is very clear she holds a diff…
Brent D. Griffiths
In one day, Elon Musk made $37 billion and slammed Democrats' plan to tax billionaires. Here's what he meant when he said the government will 'come for you.'
Musk said the government could "run out of money" and "come for you." Yet the government has run a …
Ben Winck
Biden roasts 55 companies like Nike and FedEx for paying less in taxes than the price of a cup of coffee
A pumpkin spice latte costs $5 - more than some of America's biggest companies' tax bills, says an …
Juliana Kaplan
Kyrsten Sinema voices support for minimum corporate tax, breathing life into key funding source for Biden's agenda
A higher corporate tax, which Sinema reportedly opposed in recent weeks, would raise hundreds of bi…
Ben Winck
Biden warns corporations like Apple, Disney, and Exxon Mobil that are trying to squash his tax hikes: 'I'm going to take them on'
"It's time for working families, the folks who built this country, to have their taxes cut," Biden …
Ayelet Sheffey
Biden ditches a corporate tax rate increase in his bipartisan infrastructure deal - for now
Earlier today, President Joe Biden said "we have a deal" on infrastructure. It doesn't include hiki…