The Securities and Exchange Board of India (Sebi) has approached the government to allow tax breaks for subscribers of municipal bonds that are crucial for funding infrastructure development at the grass-root levels, a senior official said on Tuesday. The capital markets watchdog will also root for a tax break for municipal bonds during its meeting … Read more
Union Budget 2024: After the Interim Budget 2024 made no big-bang announcements on taxes and middle class, there is a buzz that Finance Minister Nirmala Sitharaman may offer some significant relief to middle-class and salaried class for the first time in seven years. FM Sitharaman will table her seventh consecutive budget on July 23, 2024. Not … Read more
Former President Donald Trump used a dubious accounting maneuver to claim improper tax breaks from his troubled Chicago tower, according to an IRS inquiry uncovered by The New York Times and ProPublica. Losing a yearslong audit battle over the claim could mean a tax bill of more than $100 million. The 92-story, glass-sheathed skyscraper along … Read more