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PM Modi dismisses media report on possible tax on foreign travel as ‘totally false’Prime Minister Narendra Modi has strongly refuted media reports suggesting a new tax on foreign travel. He stated there is absolutely no tr...
US oil reserves dropping sharply? Global oil prices swing as war disrupts supply and demandUS oil reserves dropping sharply? Global oil markets face volatility as Brent and WTI crude move after a four-year high. Strategic Petroleu...
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
Amazon techie checks April payslip, sees TDS bigger than father's salary: 'Daylight robbery at this point...'An Amazon employee went viral on Grapevine after sharing their shock over a heavily taxed April payslip, revealing frustration at seeing a ...
Iran war starts pinching US; gas prices, transport costs surgeThe war against Iran is impacting Americans through rising fuel costs, leading to surcharges from Amazon and airlines. Petrol prices have s...
Highest marginal income tax rates in 2026: Which states exceed 10% and are you paying more now?The highest marginal income tax rates in 2026 now reach 13.3%, the highest in the United States, led by California. This sharp gap is shapi...
Akasa Air joins Indian airlines to apply fuel surcharges on domestic, international flight tickets amid Iran warAkasa Air has introduced fuel surcharges ranging from Rs 199 to Rs 1,300 on domestic and international flights, effective March 15. This mo...
Surcharges that began as temporary measure have become a heavy fixture in income tax; Why do they need redesigning in Budget 2026While the 10% surcharge introduced in 2013 was intended for a single year, the policy has since evolved into a complex, multi-tiered system...
Union Budget 2026: Govt should refrain from hiking income tax surcharge on super-rich, experts sayIndia Budget 2026: Tax experts advise the government against increasing income tax surcharges on the super-rich or reintroducing wealth tax...
Lower effective tax rate of 39% instead of 42.74% in top bracket of new tax regime; here's how marginal relief worksSurcharge on income: Individuals having income(s) above Rs 50 lakh have to pay an additional tax known as 'surcharge'. Budget 2023 made Sur...
Highest surcharge on personal income tax reduced from 37% to 25%The highest surcharge levied under personal income tax has been reduced significantly from 37% to 25% in the new tax regime.
PMO, FinMin discuss tax surcharge impact on market, FPIs; tweaks likelyFPIs have sought roll back of surcharge, as a confidence boosting signal from Modi government.
Highest personal I-T rate in India still lower than in China, US, South AfricaSitharaman in the Budget proposed to hike surcharge from 15% to 25% on taxable income between Rs 2-5 cr.
Super-rich will have to pay up to 42.7% tax; Rs 2-5 crore, Rs 5 cr+ brackets affectedOnly 6,361 individuals in the country have declared their incomes to be over Rs 5 crore.
You still bear e-pay surcharge on government and utilities websitesElectricity consumers in Delhi have to pay 1% extra on their bill amount when they make payments through UPI.
- Airline Deutsche Lufthansa raises fuel surcharges
German airline Deutsche Lufthansa AG said Wednesday it has raised passenger fuel surcharges on European and long-haul routes to combat its ...
- Fuel prices turn heat on air fares again
Passengers looking for bargain air-fares for the holiday season had better grab their tickets soon.