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You Searched For "income tax slabs for 2020" and got 20 results


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2 mins read

Here's an idea: a worldwide universal basic income paid for by a carbon tax. A study found that it could boost the global GDP by 130%.

A global universal basic income funded by carbon taxes could grow the global GDP by 130% while prom…

Katie Balevic   


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FM Nirmala Sithraman keeps tax slabs unchanged

As expected and in relief for the citizens, the central government neither tweaked nor put any addi…

ANI   


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3 mins read

Interim Budget 2024: FY25 capex hiked 11%; no change in tax slab, says FM Sitharaman

Finance Minister Nirmala Sitharaman is presenting the Interim Budget 2024-25 at Parliament on Thurs…

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3 mins read

Wyoming, Delaware, and Montana are the most entrepreneurial states of 2024 so far. It might be due to business-friendly taxes.

Wyoming, Delaware, and Montana lead the US in new business formations this year. Cheap costs and fa…

John Towfighi,Juliana Kaplan   


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4 mins read

Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans

Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…

Allie Kelly,Noah Sheidlower   


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2 mins read

The IRS has failed to police the huge tax breaks offered by Puerto Rico, whistleblower claims

According to The New York Times, an IRS insider wrote that less than 1% of those using a Puerto Ric…

Filip De Mott   


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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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4 mins read

Budget Expectations: Time to revise tax slabs and deduction limits for personal tax payers

It is that time of the year again. Finance minister Nirmala Sitharaman is all set to deliver the bu…

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2 mins read

Opted for the new tax regime? Here are the allowances and deductions you can still avail

Budget 2020 introduced the new tax regime for FY 2020-21 in addition to the old tax regime. FY 2020…

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6 mins read

Income tax bonanza, capex push emerge as the stars of Budget 2023-24

An upward revision in income tax slabs and a continued push on capital expenditure investments emer…

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1 min read

Income tax bonanza, capex push to green energy: Budget 2023 summarised

The Union Budget 2023-24 has put the focus on putting more money in the common man’s pocket whilst …

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6 mins read

Are you an NRI having income in India? Here’s how you will be taxed

You are a non resident Indian (NRI) if you live abroad. More specifically, you are classified as "n…

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4 mins read

I was a tech DINK. Our double income helped me quit my 9-to-5 but now the glory days are over.

Natalie Fischer was a data analyst earning over $100k. Being a tech DINK with no kids helped her tr…

Charissa Cheong   


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2 mins read

Massachusetts' millionaire tax is earning more than expected and could help make up for the last few years of high earners fleeing the state

The millionaires tax in Massachusetts beat estimates by bringing in $1.8 billion so far, helping th…

Cork Gaines   


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2 mins read

How much Bill Gates pays in property taxes on his pricey real estate portfolio

Bill Gates' many houses come with a multi-million dollar tax bill each year. Here's how much he pay…

Madeline Berg   


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2 mins read

Here's what Mark Cuban's $275.9 million in taxes would cover for the US government

Billionaire Mark Cuban came clean about the hefty chunk of change he paid in taxes this year, publi…

Erin Snodgrass   


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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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4 mins read

Looking to file taxes on your own? Here is what you need to keep in mind

It is that time of the year again – when we have to file our taxes. While we can take the services …

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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   


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6 mins read

Are you moonlighting? Here is what to know when filing your taxes

Moonlighting is the act of engaging in a secondary job or additional work alongside one's primary e…