Budget 2024: Modi 3.0’s first Budget slashes corporate tax rates for foreign firms to deal another blow to China

Budget 2024: Modi 3.0's first Budget slashes corporate tax rates for foreign firms to deal another blow to China

Modi 3.0’s first Budget proposed to slash tax rates for foreign companies investing in India, a move seen as providing more fillip to inviting more overseas players as the Narendra Modi government seeks to grab the supply chain shift from China.The Budget was expected to be a transformative step towards achieving the government’s goal of … Read more

How middle class pays more taxes than corporates, and gets ignored too

How middle class pays more taxes than corporates, and gets ignored too

Read Full Budget 2024 CoverageThe middle class, the tax-paying population of India, stares at the face of the government every time the Budget day approaches. It is that neglected segment that pays both income tax for earnings, and GST for spending. It is this 2% of the entire population of India that is contributing massively … Read more

Trump tax plans: What could happen

Trump tax plans: What could happen

As the 2024 presidential election draws ever closer, Donald Trump is revealing key tax plans that could shape his government.In his campaign, Trump has championed himself as the leader of low taxes, saying he would decrease corporation taxes, increase tariffs on international imports and exempt some U.S. workers from current tax requirements.Now that the Republican … Read more

Parempoolsed chair: Corporate income tax a very bad message to the economy

Parempoolsed chair: Corporate income tax a very bad message to the economy

Lavly Perling, chair of the nonparliamentary Parempoolsed, is critical of the messages conveyed in the new coalition agreement and says that the corporate income tax being introduced will not be good for the economy. “Parempoolsed tend to be critical regarding this, in terms of both content and their messages, which certainly don’t provide predictability to … Read more

Trump says he’ll end the “inflation nightmare.” Economists say Trumponomics could drive up prices.

Trump says he'll end the "inflation nightmare." Economists say Trumponomics could drive up prices.

Former President Donald Trump is campaigning on a pledge to end the “inflation nightmare,” vowing that if he wins a second term, he’ll bring down prices “very quickly.” And if that scenario came to pass, it would be cheered by the millions of Americans who say higher costs remain a major problem.There’s only one problem: … Read more

Economist warns Americans over Biden’s potential tax hikes: ‘Scary’

Economist warns Americans over Biden’s potential tax hikes: 'Scary'

Decrease in Arkansas Income and Corporate Taxes Allow for State’s Further Economic Growth

Decrease in Arkansas Income and Corporate Taxes Allow for State's Further Economic Growth

LITTLE ROCK (KATV) — The most recent reduction in tax was in the General Assembly’s Special Session in June of this year. The top corporate tax was reduced from 4.8% to 4.3%, as well as the individual income tax rate being reduced from 4.9% to 3.9%.The Arkansas General Assembly and Governor Sanders have passed three … Read more

Tax cuts worth €500 million unveiled for 2025

Tax cuts worth €500 million unveiled for 2025

Finance Minister Gilles Roth has unveiled details of a package of tax cuts that will cost the state around €500 million a year from 2025, including reductions to personal and corporate taxes, tax credits for single parents and financial incentives for expats.The government has approved plans to adjust tax brackets by 2.5 indexations or 6.4% … Read more

‘Economic nationalism’ at the RNC clashes with Trump’s pitch to donors

‘Economic nationalism’ at the RNC clashes with Trump’s pitch to donors

MILWAUKEE — Former president Donald Trump is trying to present a more worker-friendly vision of the Republican Party at this week’s convention, but he has continued to make clear in private that he views himself as the best choice for billionaires and big business, according to donors who have attended fundraising events.Even as Trump leans … Read more

Where does JD Vance stand on taxes? Everything you need to know

Where does JD Vance stand on taxes? Everything you need to know