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TAXPAYER REWARDS
India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
How Trump has used the presidency to benefit himself and his alliesPresident Trump's administration is reviewing a large fund proposed for supporters. This comes amid scrutiny over various financial dealing...
US judge freezes Trump $1.8 billion 'slush fund' for alliesA US federal judge has halted a $1.8 billion compensation fund. Critics call it a slush fund for President Donald Trump's allies. The judge...
Trump’s $1.776 billion IRS settlement sparks debate as critics question legality of the compensation fundA major legal settlement involving Donald Trump and the IRS faces scrutiny. A $1.776 billion fund for alleged "weaponization" and a ban on ...
Best tax saving mutual funds or ELSS to invest in May 2026Taxpayers can save income tax up to Rs 1.5 lakh annually by investing in Equity Linked Savings Schemes (ELSS). These tax-saving mutual fund...
Warren Buffett: Why ‘risk’ doesn't mean what Wall Street says it meansIn a letter to shareholders, Warren Buffett declared war on one of finance's most sacred concepts: Beta. The academics had it backwards, he...
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
Quote of the Day by Nobel winning economist Milton Friedman, “If you put the federal government in charge of the Sahara Desert...” – Does Friedman's critique of government still apply in 2026? What does this powerful quote reveal about government efficiency, economic freedom, and modern life lessons?Quote of the Day by Nobel winning economist Milton Friedman: Global public spending has crossed $30 trillion in 2026. Efficiency remains a ...
IRS tax refund 2026 crisis: Why millions of Americans owe the IRS despite bigger refunds and what to do before April 15Over 62 million refunds are already issued in the IRS tax refund season. The average payout is about $3,521. That is over 11% higher than l...
Best tax saving mutual funds or ELSS to invest in April 2026Taxpayers looking to save income tax under Section 80C can consider Equity Linked Savings Schemes (ELSS). These tax-saving mutual funds off...
IRS alert: Your credit card rewards could be taxed — here’s the hidden rule to knowSome credit card rewards may be taxed, and taxpayers should know the hidden rules. While cashback from spending is usually safe, referral b...
Don’t miss this $2000 IRS tax credit, many eligible workers still haven’t claimed itIRS Saver’s Credit 2026 shows how this little-known IRS tax credit can save eligible workers up to $2,000 in direct tax relief. With only 4...
Income Tax notice for credit card spending: The red-flag transactions you must avoidUsing credit card for 'money rotation' to earn rewards can result in tax notice if no proper explanation is given. This practice, where mon...
Is the government rewarding taxpayers? Here is a fact checkThe government has clarified that there is no such scheme as 'PM Kardata Kalyan Yojana,' which was falsely reported by a news platform. The...
Pay tax, get rewards from the governmentA committee has been set up under Central Board of Direct Taxes (CBDT) to draw up the scheme.
Why India should reward honest, rich taxpayersStudies, including work by Professors Feld and Frey (2002), and Torgler (2003), support the view that rewards lead to higher tax compliance.
- Poll bonanza: Taxpayers' money to reward traders!
The government is using taxpayers' money to boost the bottomlines of a handful of private traders and MNCs by supplying them 2 million tonn...