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2 mins read
India-US agrees to extend 2% digital tax on e-commerce supplies until June 30
On Oct 8, 2021, both countries joined 134 other members of the OECD/G20 Inclusive Framework (includ…
ANI
3 mins read
Budget 2024: Tax alterations affecting stock markets — capital gains tax, STT on F&O, and more
Finance Minister Sitharaman’s 2024 Finance Bill revises capital gains tax: 20% STCG for some assets…
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
4 mins read
Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.
At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards hea…
2 mins read
Startups demand angel tax elimination, incentives on investments in upcoming budget
Startups in India have high expectations from this year's upcoming Union Budget. The early-age star…
ANI
4 mins read
Despite pandemic and growing health scares, India’s budget share for healthcare continues to decline
As the Finance Minister Nirmala Sitharaman prepares to present the full budget for the current fisc…
2 mins read
DPI, bankruptcy law, tax code make India attractive investment destination: WEF official
A combination of policy changes such as bankruptcy law and taxation code and the enabling environme…
PTI
2 mins read
These are some of the highest-paying jobs for digital nomads
Data scientists working remotely earn $132,000 on average. Business analysts and project managers c…
Tim Paradis
6 mins read
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
3 mins read
India's e-commerce market set to skyrocket as the country's digital economy surges to USD 1 Trillion by 2030
India's e-commerce market is projected to cross USD 300 billion by 2030, driven by a growing digita…
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, …
4 mins read
People are getting taxed for gig work they've never done
Uber and DoorDash have been sending tax forms to people who have never worked for the gig delivery …
Alex Bitter
3 mins read
Two new tax rules you should be aware of when filing your taxes
With the income tax filing deadline less than a month away, you need to ensure you are up-to-date o…
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
2 mins read
Govt removes permit requirement for untested AI models; calls for labelling content
"The advisory is issued in suppression of advisory...dated 1st March 2024," the advisory said. …
PTI
1 min read
I-T dept conducts survey at some entities of Hinduja Group
The Income Tax department on Wednesday conducted a survey operation at some entities of the Hinduja…
PTI
2 mins read
Bullish on India; luxury car penetration expected to remain low till tax rationalisation: Audi
Audi expects growth of the luxury car market in India to moderate to low double digits in 2024 …
PTI
5 mins read
India’s post-pandemic rise not uneven but shows the rise of the middle class, says SBI report
India’s income inequality has been debated since times immemorial. After the pandemic, the term K-s…
2 mins read
Shakira's tax fraud battle is a warning for all remote workers
Whenever, wherever you work, you need to be sure you're paying your income taxes to the right count…
Ayelet Sheffey
2 mins read
Deductions for megamansions and Ferraris: The IRS details tax dodges by the ultra-wealthy and says it recently squeezed 100 millionaires for $122 million in missing taxes
The IRS is ramping up enforcement on the ultra-wealthy, and it's already raked in about $160 millio…