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BUDGET 2023 TAX
Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
- Gas at $4: Americans cut back on discretionary spends as fuel bills mountAmericans are adjusting their spending as fuel prices climb. Shoppers are altering routines, visiting discount stores for gas, and cutting ...
- Assam Assembly sittings decline: PRS Research reveals Bill passing speed and Budget discussion trendsA research on the Assam Legislative Assembly from 2021-2026 revealed a decrease in annual sitting days to 20. The assembly passed a signifi...
- RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
- Iran war drives Russian oil windfall as Urals crude hits highest level since 2023Russia's Urals oil export blend hit its highest price since October 2023, reaching $94.87 a barrel for tax purposes this month. This surge,...
- US Stock Market: US Treasury Bond Yields near 5% again as inflation fears shake Wall StreetWall Street is abuzz as investors debate if US 30-year Treasury bond yields will remain above 5 percent. Rising oil prices and a robust US ...
- 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 ...
- Final call for $1,050! Millions warned payments are ending forever—are you eligible?Millions of people in California still have unused inflation relief money from COVID time. The payment ranges up to $1,050 and must be used...
- Once an institution of warmth and wit, parties are now an embodiment of symbol over experienceA recent party at Gwalior's Jai Vilas Palace offered a glimpse of genuine connection, a stark contrast to years of superficial gatherings. ...
- Gulf storm: India should be evaluated as a strategic locational hedge for co-sharing GCC data centre infraRecent attacks on cloud data centers in West Asia highlight a new geopolitical risk. Hyperscale providers are now reassessing their global ...
- Iran war doubles Russia's main oil revenue to $9 billion in AprilIn a remarkable twist for Russia's economy, oil tax revenues are projected to soar to $9 billion by April, doubling amidst the turbulent gl...
- How will Budget 2023 tax changes impact investors?Under the new tax regime, the rebate for income tax has been increased to Rs 7 lakh from the earlier limit of up to Rs 5 lakh. The budget a...
- On the Tax Front: Simplification, Stability, RationalisationIn this context, the tax proposals in the budget were focused on providing continuity and stability, albeit with some important changes. De...
- Budget 2023: Direct, indirect taxes comprise 58 paise of every rupee in govt cofferThe government is also looking to earn 7 paise out of every rupee from excise duty and 4 paise from customs duty. Income tax will yield 15 ...
- What income tax relief Nirmala Sitharaman's 2023 Budget can give for middle-classIncome tax Budget 2023: A simplified capital gain tax regime, lower income slabs under the new tax regime, and higher income tax deductions...
- Budget 2023 income tax: Why there is a case for increased standard deduction on salaryUnion Budget 2023: An increase in the standard deduction may serve multiple purposes and provide much-needed relief to salaried taxpayers!
- What taxpayers want from Budget 2023What taxpayers want from Budget 2023
- Budget 2023: Experts state why basic income tax exemption limit should be increased to Rs 5 lakhCurrently, the basic income tax exemption limit is Rs 2.5 lakh for individual taxpayers under both the old and new income tax regimes. Expe...
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