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2 mins read

Centre releases ₹1,39,750 crore to states towards tax devolution for June

The biggest chunk of the fund went to Uttar Pradesh at Rs 25,069.88 crore, followed by Bihar at Rs …

ANI   


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2 mins read

South Africa could be the first-ever country to provide a no-strings-attached universal basic income

The African National Congress said it would create a national universal basic income program within…

Kenneth Niemeyer   


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1 min read

A tax on millionaires might soon pay for universal free community college in Massachusetts

The Massachusetts state Senate passed a fiscal budget that includes plans for universal free commun…

Kenneth Niemeyer   


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3 mins read

Why you should start your tax-saving investments now and not wait any further

If you have opted for the old tax regime, you have several tax-saving options to choose from. If yo…

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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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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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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, …

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3 mins read

Last-minute rush: 5 things to do before March 31

March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…

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2 mins read

GOP congresswoman touts $650,000 in federal funding — even though she voted against the bill that provided it

Rep. Salazar said that she can "celebrate this victory because I fought for it," even though she vo…

Bryan Metzger   


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7 mins read

Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.

The success of over 100 local GBI pilots in the US provides insight into future state-level policy.

Allie Kelly   


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2 mins read

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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4 mins read

Tax saving countdown – With 2 months to go, options to consider under 80C

Now that we have stepped into the new year, there are just three months left before the current fin…

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2 mins read

The IRS's free tax filing system is officially open. Here's everything you need to know.

The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…

Allie Kelly   


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3 mins read

Multibagger electrical goods stock crashes on alleged tax evasion shock

The stock of Polycab India fell sharply by 15% on Thursday morning trade, after news of tax evasion…

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4 mins read

Angel tax changes to cheer investors, aid late-stage funding say experts

The Central Board of Direct Taxes (CBDT) in India has changed its rules relating to angel tax, a de…

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2 mins read

Onus of deducting TCS on standalone overseas hotel bookings should be on banks: MakeMyTrip

MakeMyTrip, an online travel service provider, believes that banks should be responsible for deduct…

PTI   


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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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3 mins read

Nova Agritech stock closes with 39% listing gains on debut day

Agri input manufacturer Nova Agritech surprised the market by listing with a 46% premium on Wednesd…

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3 mins read

Should you invest in ELSS funds?

Equity Linked Savings Scheme (ELSS) is a tax-efficient investment option under Section 80 C, allowi…

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2 mins read

ELSS Mutual Fund: A way to claim tax deduction while enjoying market-linked returns

ELSS funds have a lock-in period of three years, meaning that investors are not allowed to withdraw…