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BILLIONAIRES TAX SAVINGS
‘Rs 70,000 Salary, Rs 15.5 lakh debt, no savings, no property and a dependent mother’: Woman’s viral post on loan burden sparks financial adviceA 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a ₹70,0...
The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...
Tech is betting on a former executive in the race for California governorTech investor favorite Matt Mahan, a moderate Democrat and former tech executive, is running for California governor. He's gained significa...
The myth of India’s extreme inequality: What the data gets wrongRecent studies reveal a misrepresentation of income inequality in India, challenging the commonly accepted pre-tax Gini coefficient of 0.61...
Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...
Trump draws Marie Antoinette comparisons as he leans into the gilded trappings of the presidencyPresident Donald Trump's attention to grand White House projects like a new ballroom draws criticism. Opponents say this shows he is out of...
Post-war climate change: As the world witnesses accelerated US decline, can India not get caught flat-footed?The West Asian war is set to accelerate America's decline and China's ascent. Europe may look up to the US no more. Nations will prioritise...
Jensen Huang would owe $8 billion under new billionaire tax, and he’s perfectly fine with itJensen Huang billionaire wealth tax California: Nvidia CEO Jensen Huang expressed indifference to a proposed California wealth tax that cou...
Jeff Bezos unveils glam mansion renovation, and the internet erupts - shocked viewers target the billionaireJeff Bezos mansion Florida: Jeff Bezos upgraded his temporary Florida house with luxury features like a spa, gym, and poolside office. The ...
Modi govt's Rs 180 cr higher allocation for Delhi's aam aadmi is 'major disappointmet' for AAPDelhi’s 2025-26 budget allocation has increased by Rs 180 crore, sparking mixed political reactions. AAP members express disappointment, cr...
'Disappointed that billionaire loan waiver proposal ignored in Budget,' says Arvind KejriwalArvind Kejriwal expressed disappointment that his suggestion to end loan waivers for billionaires wasn't included in the Union Budget 2025-...
Amazon founder Jeff Bezos’s move to Florida pays off handsomely, saves $1 billion in taxes; here are other areas he benefitedThe move of Amazon founder named Jeff Bezos to Florida has actually paid off for him pretty handsomely. Latest reports have revealed that i...
Govt hiking tax rates for common man, giving concessions to billionaires: Rahul GandhiRahul Gandhi criticizes the Modi government for increasing income tax and GST rates for the common man while providing concessions to billi...
Joe Biden budget aims to cut deficits nearly $3 trillion over 10 yearsThat deficit reduction goal is significantly higher than the $2 trillion that Biden had promised in his State of the Union address last mon...
'I forgot you're still alive.' Elon Musk's reply to Bernie Sanders during Twitter spat over 'tax the rich' tweet doesn't go down well with netizensThe Tesla boss started taunting Sanders after the 80-year-old urged for the extremely wealthy to pay their fair share of taxes.
Zuckerberg, Bezos gain most on day one of post-election limboAcross the board, the 167 U.S. billionaires gained $57.4 billion on Wednesday as investors bid up stocks, sending major averages to the big...
Britain's richest man LN Mittal pays full property tax in UK, not availing discountsAccording to The Sunday Times, many of his neighbours are avoiding complete payment by using discounts on their council tax bills.
- It may be another missed year for Direct Tax Code
The DTC was supposed to come into effect from April 1, 2012. However, it seems now that the law will not be passed in time to meet that dea...
- Obama seeks tax on wealthy, cuts in public debt
With an eye on the 2012 presidential elections, Obama has proposed significant reduction in budgetary deficits through a series of proposal...
Indian billionaires should share their wealth with the society: TV Mohandas Pai Director (HR) InfosysWarren Buffett and Bill Gates are coming to India this July to request our billionaires to give away a large part of their wealth in their ...