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Tax News

Bengaluru CEO criticises tax on severance pay after Visa layoffs

An entrepreneur has criticised the practice of taxing a laid-off employee's severance pay.

Updated 2 days ago

Your Money: Afraid you’ll miss the tax deadline? Don’t be.

With the introduction of the new tax regime, the focus of investment planning has shifted from tax saving to wealth creation.

Published 4 days ago

ITR filing deadline: 5 things taxpayers should know before July 31

The countdown to the July 31 ITR filing deadline has entered its final stretch.

Updated 4 days ago

Afraid you’ll miss tax deadline? Don’t be

Every taxpayer has an obligation to file ITR even if tax liability is nil. Missing the deadline has its own consequences.

Updated 4 days ago

'You've got mail': Zohran Mamdani's tax warning to luxury homeowners sparks fury

Zohran Mamdani’s ‘fair share’ remark draws backlash over luxury home tax. NYC Mayor's Office via YouTube/Handout via REUTERS

Published 8 days ago

Frank Bisignano's Social Security email faces criticism over tax claims

Social Security Commissioner Frank Bisignano is facing criticism after Democratic senators accused the SSA of sending retirees a misleading email about tax relief. (Photo by Anna Moneymaker / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Updated 11 days ago

Received your Income Tax Refund? Here is how to make the most of it

As July marks peak tax season, many receive their income tax refunds. This article reveals how to turn that refund into a financial game-changer. Rather than splurging, find out how to use this influx wisely to pay off debts, bolster your emergency fund, and invest for the future.

Updated 20 days ago

You could still be owed an IRS tax refund from the COVID years—here's why

IRS has opened online filing for COVID tax refund claims (REUTERS/Erin Scott/File Photo)

Published 25 days ago

Trump's $2.2B portfolio fueled by crypto; $1.4B income may face huge tax bill

Trump's $2.2B portfolio is powered by crypto, stocks and investments. (Photo by Andrew Harnik / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

Published 31 days ago

Big changes from July 1: Costlier passports, free Aadhaar updates, EPFO services

Multiple changes to government services and financial regulations have come into force from July 1.

Updated 32 days ago

US threatens 100% tariff over digital services tax: Will it impact India?

The Trump administration has been a strong opponent of the digital services tax.

Updated 36 days ago

Carlos Mencia faces charges over alleged $8 million income reporting failure

Mencia owes more than $300,000 in state taxes on income totaling $8.7 million. (AP Photo/Gus Ruelas, File)

Published 43 days ago

‘No human should face this’: Man stunned over ‘exit tax’ after leaving Quebec

The post quickly drew mixed reactions from users on X.

Published 44 days ago

5 easy tax-saving hacks that can help you have a better retired life

Learn five retirement tax-saving strategies. (Pexel/Representative image)

Published 46 days ago

‘How babus harm Indian engineers’: Indian-American founder on tax rules

A US-based founder explains why he can't give equity to engineers in India.

Updated 46 days ago

Government announces tax exemption for FII investments in G-secs: What to know

In a strategic move to attract Foreign Institutional Investors (FIIs), the Indian Government has announced tax exemptions on investments in Government securities (G-secs).

Published 51 days ago

World Cup betting in 2026? Here's why taxes could matter more than wins

The 2026 FIFA World Cup could generate record betting activity.(Getty/Representative image)

Published 53 days ago

Man hit with $10,000 IRS bill, 30 years after Social Security overpayment claim

Man hit with $10,000 IRS bill, 30 years after Social Security overpayment claim (REUTERS/Ken Cedeno/File Photo)

Published 57 days ago

Trump tax law 2026: How new deductions could increase Americans' tax refunds

New deductions may help Americans save more money (Pixabay/Representational image)

Published 57 days ago

Meta accuses Australia of breaching FTA, invokes US 'trade action'

Meta calls Australia's new proposal to tax platforms 2.25% of all Australian revenue "indefensible".

Updated 59 days ago

Jeff Bezos rips NYC's school budget and 'tax the rich' agenda in fiery clash

Jeff Bezos took aim at NYC Mayor Zohran Mamdani over the city's record school spending.

Published 72 days ago

Transporters across Delhi-NCR to go on strike for three days from May 21

Separately, CAQM has proposed banning the entry of BS-4 and older commercial vehicles into Delhi-NCR from November 1, 2026, as part of efforts to cut vehicular pollution.

Updated 74 days ago

Federal gas tax per gallon explained: How much are you paying in your state?

The federal gas tax could soon become a major political issue as gas prices near $5 per gallon nationwide.

Published 82 days ago

‘Muthu ji, your political views…’: Rahul Gandhi's banter with investment advisor

Lok Sabha LoP Rahul Gandhi.

Published 84 days ago

SC to hear on May 20 pleas on legislative power to tax mineral rights

SC to hear on May 20 pleas on legislative power to tax mineral rights

Published 88 days ago

‘April payslip just ruined my mood’: Salaried employees react to steep TDS cuts

Social media users reacted to April salaries, saying heavy tax cuts left them frustrated.

Published 93 days ago

Amazon techie asks where his tax money is going: ‘Broken roads, toxic air’

The Amazon employee vented about the tax burden as someone in the highest tax bracket

Updated 96 days ago

Asmongold reveals his $397K IRS tax bill,sparks debate on social media

Zack Hoyt, aka Asmongold presented the letter by IRS during his livestream

Published 102 days ago

‘Destroying New York’: Trump to Mamdani's pied-à-terre tax. What is it?

President Donald Trump talks after meeting with New York City Mayor-elect Zohran Mamdani in the Oval Office of the White House, Friday, Nov 21

Published 107 days ago

Scott Bessent reveals ultimate tax withholding hack to increase take home pay

Scott Bessent says adjusting your tax withholding can help you take home more money right away.

Updated 107 days ago

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