Us Tax Cut

India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market, people with direct knowledge said.

The US Inflation Reduction Act (IRA) is set to be signed into law by US President Joe Biden today. The law that is designed to increase green investment, comes at a price. It extends and expands the existing electric vehicle (EV) subsidy of up to $7,500 (roughly Rs. 5,94,800) but conditions the tax credit on the sourcing of the mineral content of...

President Joe Biden will call for reversing his predecessor Donald Trump's tax cuts for the wealthy to pay for a huge middle class families spending program, senior administration officials said Wednesday.

The government's Diwali gift to India Inc is one of the most expensive ever - and a clear admission that the Modi Sarkar has finally accepted that the economy needs drastic measures. The only question is whether the rest of us can afford it.

Finance Minister Nirmala Sitharaman said the reduction in tax rates was done by promulgating an ordinance to an amendment to the Income Tax Act.

The rupee gained by as much as 65 paise against the US dollar on Friday, after the government announced its decision to lower the corporate tax rate on domestic firms and new manufacturers. After starting the session higher at 71.20, the rupee moved to 70.67 against the greenback at the day's highest level. Analysts say that the reduction in corpor...

US President Donald Trump played down fears on Tuesday that the United States was heading towards recession while confirming that his administration was considering a payroll tax cut.

The S&P BSE Sensex and NSE Nifty 50 indexes nosedived in Thursday's session on the back of weak global cues after the US Federal Reserve rattled markets by signalling that its first rate cut in more than a decade was not the start of a lengthy easing cycle. The Sensex plunged as much as 787 points to trade below 37,000-mark for the first time since...

The S&P BSE Sensex and NSE Nifty 50 indexes nosedived in Thursday's session tracking weak global cues, after the US Federal Reserve rattled markets by signalling that its first rate cut in more than a decade was not the start of a lengthy easing cycle. The Sensex index plunged as much as 787 points to trade below the 37,000 mark for the first time ...

Tesla on Wednesday cut US prices for all its vehicles to offset lower green tax credits, and fell short on quarterly deliveries of its mass-market Model 3 sedan.

With the rise in the dollar and interest rates already squeezing emerging economies just as President Donald Trump's trade war threatens China, the U.S. is set to be the only Group of Seven nation to see economic growth accelerate this year as Trump's tax cuts kick in.

Chipmakers in China will be exempt from corporate taxes for two to five years followed by partial deductions.

US House Speaker Paul Ryan came under fire Saturday over a tweet that framed a worker's $1.50 per week pay increase as an impressive result of his party's massive tax cut plan, US media reported.

The BSE benchmark index Sensex and NSE Nifty rose higher in morning trade, ahead of presentation of Budget 2018 by Finance Minister Arun Jaitley in Parliament at 11 am today. The Sensex rose over 250 points to touch an intraday high of 36,226.97. The NSE Nifty rose as much as 73 points to hit 11,100.70.Higher global markets have given a boost to In...

America is coming back bigger and better and stronger than ever before, President Donald Trump has said as he highlighted the benefits of the recently passed tax reform bill to the country.

India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market, people with direct knowledge said.

The US Inflation Reduction Act (IRA) is set to be signed into law by US President Joe Biden today. The law that is designed to increase green investment, comes at a price. It extends and expands the existing electric vehicle (EV) subsidy of up to $7,500 (roughly Rs. 5,94,800) but conditions the tax credit on the sourcing of the mineral content of...

President Joe Biden will call for reversing his predecessor Donald Trump's tax cuts for the wealthy to pay for a huge middle class families spending program, senior administration officials said Wednesday.

The government's Diwali gift to India Inc is one of the most expensive ever - and a clear admission that the Modi Sarkar has finally accepted that the economy needs drastic measures. The only question is whether the rest of us can afford it.

Finance Minister Nirmala Sitharaman said the reduction in tax rates was done by promulgating an ordinance to an amendment to the Income Tax Act.

The rupee gained by as much as 65 paise against the US dollar on Friday, after the government announced its decision to lower the corporate tax rate on domestic firms and new manufacturers. After starting the session higher at 71.20, the rupee moved to 70.67 against the greenback at the day's highest level. Analysts say that the reduction in corpor...

US President Donald Trump played down fears on Tuesday that the United States was heading towards recession while confirming that his administration was considering a payroll tax cut.

The S&P BSE Sensex and NSE Nifty 50 indexes nosedived in Thursday's session on the back of weak global cues after the US Federal Reserve rattled markets by signalling that its first rate cut in more than a decade was not the start of a lengthy easing cycle. The Sensex plunged as much as 787 points to trade below 37,000-mark for the first time since...

The S&P BSE Sensex and NSE Nifty 50 indexes nosedived in Thursday's session tracking weak global cues, after the US Federal Reserve rattled markets by signalling that its first rate cut in more than a decade was not the start of a lengthy easing cycle. The Sensex index plunged as much as 787 points to trade below the 37,000 mark for the first time ...

Tesla on Wednesday cut US prices for all its vehicles to offset lower green tax credits, and fell short on quarterly deliveries of its mass-market Model 3 sedan.

With the rise in the dollar and interest rates already squeezing emerging economies just as President Donald Trump's trade war threatens China, the U.S. is set to be the only Group of Seven nation to see economic growth accelerate this year as Trump's tax cuts kick in.

Chipmakers in China will be exempt from corporate taxes for two to five years followed by partial deductions.

US House Speaker Paul Ryan came under fire Saturday over a tweet that framed a worker's $1.50 per week pay increase as an impressive result of his party's massive tax cut plan, US media reported.

The BSE benchmark index Sensex and NSE Nifty rose higher in morning trade, ahead of presentation of Budget 2018 by Finance Minister Arun Jaitley in Parliament at 11 am today. The Sensex rose over 250 points to touch an intraday high of 36,226.97. The NSE Nifty rose as much as 73 points to hit 11,100.70.Higher global markets have given a boost to In...

America is coming back bigger and better and stronger than ever before, President Donald Trump has said as he highlighted the benefits of the recently passed tax reform bill to the country.