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INHERITANCE TAX IN CHINA
- India must avoid copying China's aggressive tax policies on private wealth and offshore assets
Developing economies often look to the US and China for cues on taxation, infra spending and policy. India, for one, must steer clear of em...
The only billionaires making money this year are in techThe roughly 100 technology fortunes among the world’s 500 richest people gained a combined $845 billion through Sept. 30, the most ever for...
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
After Adani, Tata feels the heat: Indian firms under fire in Kenya?Kenya’s dispute with Tata Chemicals has revived concerns about Indian businesses in the country after Adani’s exit. But Kenya continues to ...
To Chennai from Cupertino: How Tim ‘cooked’ Apple's India recipeTim Cook leaves Apple after 15 years with India as a critical part of his supply-chain legacy. What began with assembling older iPhones in ...
NRI selling inherited property in India? Agricultural land, farmhouse, and plantation property have stricter sale and repatriation rulesNon-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of ...
Millionaires may exit UK in record numbers after non-dom tax shake-upThe United Kingdom may witness a significant departure of wealthy residents. Around 16,500 millionaires are expected to leave in 2025. This...
Billionaire boom: This financial adviser says India is minting billionaires much faster than millionaires across the worldIndia is producing billionaires at a faster pace than millionaires, fuelled by entrepreneurship, digital ambition, and generational wealth ...
Kharge shoots another letter to Modi, says people are not voting for you as your lies are losing effectKharge accuses Modi of desperation and lies, criticizing his language and impact. Modi's letters aim to counter Congress' divisive intentio...
Inheritance tax: The other ManmohanomicsThe rock of Sisyphus may not seem the best metaphor for a work-life balance. But under an inheritance tax, it is logical that the more we'l...
Joe Biden pushes higher corporate tax, touts strong economy in key speech"US President Joe Biden called for higher taxes on corporations, lower medicine costs, and improved housing affordability in his State of t...
View: Budget speech was long on vision, but short on detailSitharaman’s speech was long on vision, political direction, and intent, but short on detail.
6,000 Indian millionaires shifted overseas in 2016: ReportMeanwhile, global wealth migration is also accelerating as around 82,000 ultra rich people shifted overseas in 2016, compared to 64,000 in ...
About 82,000 millionaires shifted overseas in 2016: ReportAn estimated 11,000 millionaires moved to Australia in 2016 compared to 10,000 that moved to the US and 3,000 that moved to the UK.
Budget 2016: Income tax rates moderate in India, shows internal analysis by finance ministryIndia is seen to have lower tax rates than several other countries, an internal analysis by the finance ministry has shown.
Budget 2013: Inheritance tax should be tweaked to make super-rich payGiven the present state of the Indian economy, we may not really require a new income-tax rate for the super rich taxpayers.
CAs inherit quick wealth as the affluent fear Estate DutyEstate duty is known in many countries as the 'death tax'. In US, estate tax is imposed on the transfer of 'taxable estate' of a deceased p...
- Inheritance tax, if brought again, may hit India's global ambitions
Estate duty was payable by the executors of the estate of a deceased under the Estate Duty Act, 1953, till June 16, 1985, after which it wa...
- Obama: It's a changing world where India and China are rising
Obama said America needs to adapt to changing world wherein countries like India and China are rising and areas like Middle East are becomi...
- Health and anti-poverty programmes face budget squeeze in US
The spiraling growth of Medicare and the high cost of renewing President George W Bush's tax cuts are squeezing popular education, health, ...