Social Security benefits at risk in 2032: Will 35 new Senators prevent a 22% cut?Social Security benefit cuts 2032: Social Security faces a potential 22% benefit cut in 2032 as its retirement trust fund is projected to r...
08 Nov, 2026, 07.20 PM IST
Gas prices in the US are nearly half of Europe's: Why are American drivers paying so much less?American motorists are currently paying much less for fuel compared to drivers in the European Union. The average petrol price in the EU is...
08 Nov, 2026, 07.02 PM IST
Charting the global economy: Job growth in US tops all forecastsUS employment rose significantly last month, with the jobless rate declining to 4.1%, indicating robust economic activity. Labor productivi...
08 Nov, 2026, 10.42 AM IST
IRS releases 2027 tax brackets: How new income tax rates and standard deductions for single, married and senior filers could affect your tax billTax brackets 2027: The IRS has raised all seven federal income tax bracket thresholds for 2027 and increased the standard deduction for sin...
06 Nov, 2026, 08.18 PM IST
Can the government remove LTCG on mutual funds in Budget 2027? Here’s what experts saySEBI has repotedly proposed tax relief for domestic mutual fund investors ahead of Budget 2027. The proposal aims to exempt investors from ...
06 Nov, 2026, 01.36 PM IST
Tax reporting lapses could risk India's sovereign rating, trigger withholding tax penalties: Income Tax Principal DG Debjyoti DasSpeaking to the media on the sidelines of the 'Summit on Global Financial Compliance (FATCA & CRS)' in Mumbai, Debjyoti Das, Principal Dire...
05 Nov, 2026, 08.44 PM IST
Developing countries' debt hit record $9.4 trillion in 2025: World BankMost of the increase was driven by private financing, with borrowing from private creditors and bond issuance by public enterprises rising ...
05 Nov, 2026, 08.42 PM IST
'Surcharge an enhancement of rate of sales tax': SC upholds states' power to levy additional sales taxThe Supreme Court reaffirmed a 1974 ruling regarding states' power to levy additional sales tax. This ruling clarified that such levies are...
05 Nov, 2026, 06.53 PM IST
Bank of England hikes rates to 4%, first raise since 2023, says more may come amid high UK inflationIn a decisive move, the Bank of England has escalated interest rates to 4% amidst spiraling inflation, projected to hit 4.8% in Q2 next yea...
05 Nov, 2026, 06.36 PM IST
Budget 2027–28: ASSOCHAM calls for tax reforms to boost investment, manufacturing, ease of doing business and tax certaintyASSOCHAM has called for a series of Direct and Indirect Tax reforms in the Union Budget 2027–28 to boost investment, strengthen domestic ma...
05 Nov, 2026, 03.30 PM IST
FICCI makes recommendations to FM ahead of Budget 2027-28, highlights LTCG exemption, TDS relief and faster tax appealsFICCI has recommended the restoration of long-term capital gains tax exemption on listed shares in Budget 2027-28. The organization highlig...
04 Nov, 2026, 07.30 PM IST
SC says 1974 ruling on states' power to levy additional sales tax continues to holdThe Supreme Court held that a previous ruling from 1974 regarding additional sales tax remains applicable today. It determined that the leg...
04 Nov, 2026, 01.03 PM IST
Indian auto's real test lies ahead after firecracker start to festive seasonIndia’s passenger vehicle dispatches crossed the 5-lakh mark for the first time in October, with wholesales estimated to grow 13-15% year-o...
03 Nov, 2026, 12.58 PM IST
Government has fiscal headroom to absorb Rs 50,000 crore revenue loss from LTCG tax abolition: SBI ResearchSBI Research indicates that eliminating the long-term capital gains tax may lead to a modest revenue decline, estimated to be between Rs 40...
03 Nov, 2026, 10.54 AM IST
How are equity investments taxed in India? A guide to capital gains taxIn a bid to invigorate domestic and foreign mutual fund investments, India's Securities and Exchange Board has put forth recommendations fo...
02 Nov, 2026, 02.15 PM IST
GST collections jump 22.9% to Rs 2.31 lakh crore in October as festive demand beats high inflation and interest ratesIndia's GST collections in October reached ₹2.31 lakh crore, reflecting a 22.9% year-on-year increase. Strong consumption trends are indica...
02 Nov, 2026, 05.30 AM IST
Sebi to release FII compliance consultation paper within weeks, says chairman Tuhin Kanta PandeySebi is likely to release a consultation paper on foreign investor compliance requirements within weeks, chairman Tuhin Kanta Pandey said. ...
31 Oct, 2026, 06.18 PM IST