Tax experts have cautioned the government against raising the income tax surcharge on high-income individuals or reintroducing a wealth tax in the Union Budget 2026-27, warning that such moves could push wealthy taxpayers to relocate to low-tax jurisdictions and hurt investment and job creation.At present, individuals earning over Rs 50 lakh are subject to a…
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings. Source link
Eryn Schultz was an H-E-B grocery store leader with an M.B.A. A slow pivot toward a big career change began when she found her retirement plan wanting. Source link
The combined market capitalisation of seven of India’s 10 most valued companies fell by Rs 3,63,412.18 crore last week, with Reliance Industries emerging as the biggest laggard amid a broader sell-off in equities, PTI reported.The benchmark BSE Sensex declined 2,185.77 points, or 2.54 per cent, during the week, reflecting weak investor sentiment.“Indian equity markets ended…
Steep import taxes have raised prices and affected U.S. businesses, but not quite as much as expected. A new report offers some reasons. Source link
Wall Street stock gurus are making predictions again. Our columnist got into the game with a number he doesn’t believe. Source link
NEW DELHI: The government is likely to achieve the fiscal deficit target of 4.4 per cent of the GDP in FY26, and it could even better it, a positive signal to global investors about India’s commitment to fiscal management, PwC Partner and Economic Advisory Services leader Ranen Banerjee said.The revision in the nominal GDP growth…
A new study found that the court’s Republican appointees voted for the wealthier side in cases 70 percent of the time in 2022, up from 45 percent in 1953. Source link
JPMorgan has had to pay tens of millions in legal costs for the convicted fraudster. It wants the public to see a newly unredacted list of itemized expenses. Source link
The Confederation of Indian Industry (CII) suggested a four-fold privatisation process in their recommendations on the Union Budget 2026-27. They called for faster and more predictable disinvestment. The industry body claimed that a calibrated privatisation approach would help sustain capital expenditure and fund development priorities, particularly in sectors where private participation can improve efficiency, technology…