Harris unveils plan for 28% capital gains tax, softening Biden’s proposal for 40% rate
Donald Trump and Kamala Harris are set to debate on Sept. 10, where the economy and taxes could be a focal point.
Donald Trump and Kamala Harris are set to debate on Sept. 10, where the economy and taxes could be a focal point.
Finance Minister Nirmala Sitharaman is set to introduce a new 622-page Income Tax Bill in simpler language, replacing the 64-year-old law. The bill aims to reduce litigation by eliminating complex terms, outdated references, and multiple cross-references. It also introduces clearer provisions, including a taxpayer charter, crypto asset definitions, and updated definitions of agricultural income.
Donald Trump said he would consider ending a $7,500 tax credit for certain new electric vehicles, which could affect Tesla CEO Elon Musk’s EV business.
Mayank Yadav has earned his maiden call-up to India’s squad for the three-match T20I series against Bangladesh beginning on October 6. Suryakumar Yadav will captain the team while Hardik Pandya returns. Test regulars Shubman Gill, Yashasvi Jaiswal, and Rishabh Pant have been given a break.
Ratan Tata guided the Tata Group into new sectors like telecom and cars, and drove innovation with projects like the Indica and Nano. He oversaw over 60 acquisitions and took TCS public. After appointing and later replacing Cyrus Mistry, his philanthropic efforts through Tata Trusts transformed healthcare and education. Post-retirement, he invested in startups like…
“Sunday Morning” remembers some of the notable figures who left us this week, including singer and musician Roberta Flack.
Suman Kumar, an 18-year-old left-arm spinner from Bihar, made history by taking all 10 wickets in an innings during the Under-19 Cooch Behar Trophy match against Rajasthan. Inspired by India’s Ravindra Jadeja, Suman’s remarkable performance on a batting-friendly pitch is a testament to his skill and determination, aiming to one day play for India.