Universities and colleges built budgets around federal largess. The Trump administration is forcing them to take a fiscal haircut on indirect costs.

National Institutes of Health slashed overhead costs allowed under its grants to match private foundations, but the two don't ...

VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...

This Bill is a much-awaited comprehensive overhaul of a gargantuan piece of complex legislation which should be ...

Both presidential candidates have touted no-tax-on-tips pledges, but experts say it’s bad policy. Many, or all, of the products featured on this page are from our advertising partners who ...

"Without careful consideration of the impact of these changes, we risk long-term damage" to medical research, writes Dr. George Weiner.

Direct indexed tax loss harvesting is a strategic approach to managing your investments that can provide significant tax ...

Recognising the significant contributions of the middle class, the Government of India has consistently reduced their tax burden over the years. The ‘Nil-Tax’ slab has been progressively increased ...

She would be detailing the changes and reforms to indirect taxes and direct taxes later in her speech. Presenting her eighth budget on Saturday (February 1, 2025), the Finance Minister further ...

New Delhi: Union Finance Minister, Nirmala Sitharaman's eighth consecutive Budget is the relief for middle-class salaried taxpayers, though the revised tax slabs have left many confused about the ...

Union Finance Minister Nirmala Sitharaman, during her post-budget press conference, explained the new tax slabs, and the relief provided to the middle class. The Finance Minister compared the ...

Reducing withholding taxes on senior citizens and allowing taxpayers to claim the annual value of 2 self-occupied properties without conditions are other measures reflecting the desire to boost ...