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2 mins read

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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3 mins read

Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI   


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8 mins read

Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.

Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food,…

Juliana Kaplan,Noah Sheidlower   


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2 mins read

Abolition of angel tax a landmark reform benefiting India's startup ecosystem; will attract global investors: USISPF

The USISPF said this action creates parity between domestic and foreign players and will be an impo…

PTI   


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4 mins read

Falling birth rates are freaking countries out and spawning dubious fixes like tax breaks, cheaper cars, and free surgery

Countries are trying everything to combat declining fertility rates, with some eye-popping approach…

Joshua Zitser   


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1 min read

Delhi HC exempts custom duties on medicines for rare diseases

The Delhi High Court has said that custom duties and charges will not be applied to medicines, drug…

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1 min read

4 tax strategies for investors, regardless of who wins the presidency, according to UBS

Investors should diversify their tax statements, defer capital gains for as long as they can, ramp …

Aruni Soni   


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3 mins read

Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds

The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…

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3 mins read

5 tax-saving investments that will lose their charm under the new tax regime

The old tax regime offered several tax deductions that helped bring down one’s taxable income, and …

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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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2 mins read

Elizabeth Warren says Jeff Bezos is a 'thin-skinned' billionaire trying to distract from tax avoidance and poor treatment of workers

Jeff Bezos has been feuding with the White House about inflation. Elizabeth Warren says it's a dist…

Juliana Kaplan,Joseph Zeballos-Roig   


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3 mins read

Decoding Section 80D: The healthcare-related tax deductions available to you

When we think of financial planning, we think of investments, tax planning, retirement planning, an…

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2 mins read

Hunter Biden to plead guilty in criminal gun and tax case

The son of President Joe Biden reached a plea agreement with Justice Department prosecutors in the …

Jacob Shamsian,Brent D. Griffiths   


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6 mins read

Have income from foreign source? Keep this in mind while filing taxes

The Income-tax Act, 1961 does not provide a specific definition for the term 'foreign income.' Gene…

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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 …

Brad Setser,Tess Turner   


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4 mins read

Capital gains in taxation: What are the major factors driving the long-term and short-term capital gains?

Capital investment plays an important role in facilitating economic growth, creating employment…

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4 mins read

Budget 2023-24: What the common man wants on the personal tax front

The government may increase the threshold limit for the highest tax rate from ₹10 lakh to ₹20 lakh,…

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1 min read

PLI, tax exemptions and financial support from government: Budget wishlist of space sector

According to ISpA's Director General, Lt. Gen. AK Bhatt (Retd.), the suggestions/wishlist were r…

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2 mins read

Thousands of student-loan borrowers celebrating Biden's latest debt relief might have to pay taxes on it in these 5 states

While Biden's latest student-loan forgiveness will not be subject to federal taxes, borrowers might…

Ayelet Sheffey   


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2 mins read

States may not tax Biden's student loan forgiveness after all, says one tax expert

Jared Walczak of think tank The Tax Foundation says states may decide to change their regulations r…

Beatrice Nolan