Latest in Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
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Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture ...ABC News - 5h -
Modi government rolls out tax cuts in effort to stimulate growth
Sweeteners for middle classes aimed at reinvigorating the world’s fifth-biggest economyFinancial Times - 5h -
NHL growth prompts significant salary cap bump
The NHL is projecting a significant increase in the salary cap over the next three seasons to reflect the healthy growth of the league after the pandemic.ESPN - 19h -
A pivotal budget for India
Also in this newsletter, media companies take OpenAI to court and the tragedy at the Kumbh MelaFinancial Times - 1d -
India's finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?
This is the coalition government's first full-year budget after its assuming power in June.CNBC - 2d -
India’s Modi faces budget challenge as economy slows
Finance minister under pressure to revive growth while maintaining fiscal disciplineFinancial Times - 2d -
Germany slashes growth outlook in 'serious' diagnosis of Europe's largest economy
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.CNBC - 3d -
IRS starts new tax rule for digital income
A new rule being implemented for the 2024 tax year means revenue over $5,000 collected through platforms like PayPal or Venmo has to be reported. That includes payments for concert tickets, clothes ...CBS News - 4d -
Rising Prices Dashed Trudeau’s Promise to Canada’s Middle Class
While many issues turned Canadians away from their prime minister, the high cost of groceries and homes has become a chief grievance.The New York Times - 4d -
Preparing for the Big Exit: Insights from Inc.’s Master Class
M&A expert Jay Jung breaks down insider tips on acing a sale.Inc. - 4d -
Lessons from ancient India on post-conflict reconstruction
Peace engineering is difficult to measure but critical to doFinancial Times - 6d -
From tax lottery to tax credit: A better way to help disaster victims
As natural disasters leave many Americans facing economic hardship, the tax code's casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty tax ...The Hill - Jan. 23 -
5 takeaways from Trump's interview with Sean Hannity
President Trump sat down Wednesday with Fox News host and ally Sean Hannity for his first one-on-one interview since returning to the White House for his second term. Trump has taken questions from ...The Hill - Jan. 23 -
A 'National Tragedy' in India: Popcorn Is Taxed Three Ways
Critics say the multiplicity of tax rates on the humble snack is emblematic of why India remains a difficult place to do business.The Wall Street Journal - Jan. 22 -
6 takeaways from Trump's inaugural address
President Trump was sworn into office for a second term just after noon on Jan. 20.CBS News - Jan. 20 -
Five takeaways from Trump's first speech
Trump vowed to return the country to its golden age and to plant the American flag on Mars.BBC News - Jan. 20 -
From Bournemouth to Brighton, the Premier League’s middle class is booming | Jonathan Wilson
A growing number of well-run clubs have shown what can be achieved by recruiting smartly and playing to a system. Sign up to Soccer with Jonathan Wilson here This is not 2015-16, when ...The Guardian - Jan. 20 -
How the Dodgers benefit from salary deferrals and signing bonuses to build their roster
The Dodgers' ability to put off long-term payments while reaping short-term benefits is raising new fears about a competitive imbalance in a sport already lacking league-wide parity.Yahoo Sports - Jan. 20 -
5 takeaways from Trump's inauguration eve rally
President-elect Trump on Sunday rallied with supporters in Washington, D.C., on the eve of his second inauguration, taking a victory lap and teasing an expected barrage of activity on his first day ...The Hill - Jan. 19 -
How the hot EV market left middle-income Americans out in the cold
Electric vehicles made up about 9% of cars sold in the U.S. last year. Even with tax credits, they were too expensive for many middle-income households.MarketWatch - Jan. 18 -
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for their ...The Hill - Jan. 17 -
The major takeaways from Biden's farewell address
President Biden gave his farewell address on Wednesday night. In it, he warned the U.S. about its future. CBS News political contributor Joel Payne, senior White House correspondent Weijia Jiang ...CBS News - Jan. 15 -
Takeaways From Marco Rubio’s Senate Hearing
Mr. Rubio expressed views aligned with those of most senators who work on foreign policy, while taking care not to break from Donald J. Trump’s unorthodox ideas.The New York Times - Jan. 16 -
Key takeaways from Pam Bondi confirmation hearing
Senators questioned several nominees for key roles in President-elect Donald Trump's incoming administration on Wednesday, including his attorney general pick Pam Bondi. CBS News congressional ...CBS News - Jan. 15 -
Takeaways From Pete Hegseth’s Confirmation Hearing
President-elect Donald J. Trump’s pick for defense secretary said nothing that would alienate the Republican senators on the Armed Services Committee.The New York Times - Jan. 15 -
Key takeaways from Pete Hegseth's confirmation hearing
Pete Hegseth, President-elect Donald Trump's pick for defense secretary, faced senators and protesters in a high-stakes confirmation hearing Tuesday. CBS News' Nikole Killion, Katrina Kaufman and ...CBS News - Jan. 14 -
Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers
Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.The New York Times - Jan. 14 -
The Key Takeaways From the First Round of the N.F.L. Playoffs
After early playoff exits, several teams face pressing questions.The New York Times - Jan. 13 -
Takeaways from Trump’s Criminal Sentencing
Friday’s punishment was largely symbolic, but it ensured that Donald J. Trump would become America’s first felon president.The New York Times - Jan. 11 -
Labour intensifies push for growth to avoid ‘disastrous’ tax rises
Punishing week on bond markets ends with UK government borrowing costs significantly higherFinancial Times - Jan. 10 -
Trump Organization Says Incoming President Will Separate Himself From Family Business
The company is set to release a series of ethics rules governing Donald Trump’s interactions with his business empire.The Wall Street Journal - Jan. 10 -
Tax lessons for governments from Henry George
The 19th-century political economist understood that the whole of society should benefit from outsized profitsFinancial Times - Jan. 9 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
5 takeaways from Trump’s Mar-a-Lago press conference
President-elect Trump faced the media at his Mar-a-Lago resort in Florida on Tuesday, the day after Congress had certified his victory in November’s election. The press conference came 13 days ...The Hill - Jan. 7 -
How soon can you file your 2024 income-tax return? Here’s your 2025 tax-season road map.
Tax season is just around the corner and it’s never too early to get startedMarketWatch - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
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France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Three Takeaways From Flyers OT Loss vs. Maple Leafs
The Philadelphia Flyers may have fallen 3-2 in overtime to the Toronto Maple Leafs, but the game provided plenty for fans to dissect. It was an intense, fast-paced contest with no shortage of ...Yahoo Sports - Jan. 6 -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3