Amitabh Bachchan has become India's highest tax-paying celebrity for 2024-25, paying ₹120 crore on earnings of ₹350 crore, ...

Women in India can leverage several tax-saving ... This allows business owners to declare taxable income as 6% of turnover for digital transactions and 8% for cash transactions, simplifying tax filing ...

Robert Thorpe is a Newsweek reporter based in Massachusetts. His focus is reporting on personal finance topics, including banking, Social Security, investing and more. Robert joined Newsweek in ...

By Vikram Subburaj Digital assets in India have evolved into a complex intersection of technological innovation, regulatory calibration, and fiscal oversight. The space looks more like a melting pot ...

Investopedia / Candra Huff A marginal tax rate is the percentage of tax applied to each additional dollar of income within a specific bracket, rather than being applied to the whole income.

UBTI is income earned by a tax-exempt entity from activities unrelated to its exempt purpose. Unrelated Business Taxable Income (UBTI) is the income earned by a tax-exempt entity from activities ...

However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

List of top tax-paying companies in India 2024-25: India’s economy is forecast to grow at a steady rate of 6.7% in both FY26 and FY27, outpacing global growth of 2.7%, the World Bank January 2025 ...

India is set to raise concerns over the European Union’s controversial carbon tax, which seeks to impose tariffs as high as 30 per cent on imports of carbon-intensive products such as steel and ...

The carbon tax, to be imposed in the first phase on six items including steel, aluminium, cement, fertilizer, hydrogen and electricity from January 1, 2026, could deal a blow to India’s exports ...