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1 min read

First draft of new and simplified Income Tax law to be prepared by internal tax dept committee: Revenue Secretary

The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…

PTI   


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1 min read

Tax havens: Countries with zero income tax

Tax havens: Countries with zero income tax

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2 mins read

Judge halts $500 monthly basic income payments for low-income St. Louis families after conservative challenge

A judge sided with conservatives in a legal challenge to a St. Louis basic income program that give…

Kenneth Niemeyer   


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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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1 min read

Kalaburagi agriculture students promote multi-cropping, digital market strategies to double farmers' income

Students from the College of Agriculture Kalaburagi practiced a multi-cropping system on a small tr…

ANI   


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5 mins read

Sam Altman's basic-income study is out. Here's what it found.

Sam Altman's basic-income study lasted three years and included 3,000 people, making it one of the …

Noah Sheidlower,Kenneth Niemeyer,Katie Balevic,Lakshmi Varanasi   


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2 mins read

Majority of taxpayers to have substantial tax savings due to reduction of long term capital gains on real estate: IT Dept

The Budget has reduced tax rates on capital gains earned from sale of house properties held for lon…

PTI   


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3 mins read

Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme

With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…

PTI   


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3 mins read

Economic Survey 2023-24: Where does India stand on the employment, and what's next?

While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…

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2 mins read

India to remain fastest growing major economy in 2024-25, says CEA Nageswaran

India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V An…

ANI   


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4 mins read

Philadelphia is experimenting with guaranteed income pilots for pregnant people and housing insecure families

Philly Joy Bank and PHLHousing+ are guaranteed basic income pilots in Philadelphia offering familie…

Allie Kelly   


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2 mins read

Thailand plans to give $275 cash handouts to 50 million low-income citizens

Thailand plans to spend $13.7 billion giving cash handouts to 50 million people in a bid to stimul…

Kenneth Niemeyer   


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3 mins read

Wondering which ITR form is right for you? Know all about it here

It's time to file your ITRs! While the deadline is 31st July, it's best to not put off filing your …

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2 mins read

Wipro Q1FY25 results: Net income jumps 4.6% YoY to Rs 30 billion, operating margin at 16.5%

At 34% of the total quarterly revenue, banking, financial services & insurance was the company's bi…

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2 mins read

Important dates to remember while filing your ITR this time!

13 days from now, i.e., 31st July 2024 is the last date for salaried individuals, non-resident Indi…

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3 mins read

ITR filing: Documents you need to file your income tax return

If you've paid premiums for a life or health insurance policy during the year, or invested in ELSS…

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6 mins read

Union Budget 2024: A handy FAQ guide to decode the upcoming budget

​​​Weeks before the budget presentation, the finance minister also meets representatives from vario…

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1 min read

Cipla gets Rs 773 cr demand notice from I-T dept

Shares of Cipla on Tuesday settled 0.56 per cent down at Rs 1,507.50 apiece on the BSE.

PTI   


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2 mins read

Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman

According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…

PTI