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TAX AVOIDANCE BY WEALTHY
How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...
Lewis Hamilton and Kim Kardashian are worth $2.45 billion combined—but his anti-billionaire remark is going viral. Here's what he saidSeven-time Formula One champion Lewis Hamilton's clip has sparked a controversy after his past comments on wealth inequality resurfaced on ...
ET Alpha Wealth Summit: Rajeev Thakkar of PPFAS MF explains when to hold, when to exit, and why most investors get it wrongPPFAS CIO Rajiv Thakkar said successful investing depends more on patience than frequent trading. He advised avoiding unnecessary selling, ...
What happens when investors stop SIPs during crises–real investors, real panic, and the real cost of walking awayFrom a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walkin...
To give, first get to know: Why India’s everyday generosity matters more than everIndia witnesses widespread everyday giving, with households contributing billions annually. While generosity is abundant, most gifts are ad...
CA explains the money management strategy that separates the rich from others. How they use debt to build more wealthChartered Accountant Nitin Kaushik has explained how wealthy people often use debt as a strategic financial tool instead of fearing it. Acc...
Wealthy Americans rushed to gift money early—now new tax law leaves many regretting the timingMany rich families in the US gave away money early to save tax before rules changed. Later, the government made those tax benefits permanen...
How to build real wealth in India: CA explains what truly separates rich people from wealthy. 'Millionaires don’t just chase...'A post by Chartered Accountant Nitin Kaushik explains that being rich and being wealthy are not the same, as real wealth depends on financi...
India received highest number of regressive tax recommendations from IMF: OxfamAn Oxfam report highlights the International Monetary Fund's (IMF) tax advice. India received the most regressive recommendations between 2...
Super-rich exit Dubai for this European city — here’s why it’s a new safe havenSuper-rich exiting Dubai for Italy in 2026: Italy is now attracting the world’s super-rich like never before. Since 2017, over 1,300 high-n...
Wealthy Indians turn to alter ego trusts to manage succession planning and avoid court proceedingsWealthy Indians are adopting alter ego trusts for smoother wealth transfer. These trusts help bypass lengthy court processes and potential ...
Why your 401(k) is falling behind while the wealthy find ways to double their retirement savingsMany Americans’ 401(k)s fall behind because they forget old accounts, stop contributions, or take money out early. Wealthy savers track all...
'Do the wealthy underreport their income?' MPC member's research reveals staggering detailsA recent research paper reveals a significant inverse relationship between wealth and reported income in India, particularly among wealthie...
Wealthy farmers must pay taxes: Closing the income gap for a fairer IndiaIndia plans to tax wealthy farmers to address economic inequality and generate revenue. This policy targets around 5 million farmers earnin...
Elon Musk says Biden’s call for more taxes on rich won’t see ‘action’“I agree that we should make elaborate tax-avoidance schemes illegal, but acting upon that would upset a lot of donors, so we will see word...
Budget 2023 should rationalise, standardise capital gains tax, and re-index its long-term benefitsRationalising and standardising tax rules for capital gains by streamlining the holding period, unifying tax rates across various asset cla...
As US Congress advances Democrats' tax plans, America's wealthy eye loopholesWhile the White House says the new surtax could generate $230 billion to pay for the spending bill, experts and bankers say that many indiv...
What's in the Pandora Papers? And how the super-rich used tax loopholes to make themselves richerTeh documents show how many of the world's wealthiest people routinely avoided any type of tax by placing their assets in tax havens - nati...
Trump went even further than other uber-rich to shrink taxesThe Times reviewed Trump's tax returns for 2000 through 2017, so its report didn't capture the impact of the 2018 law. But Martin Sullivan,...
Mine KYC data to target beneficiaries, spare us: FPI lobby urges govtThe govt should levy the increase in surcharge on those intended to be targeted, the industry body has said.