Tax season: This is what tipped workers could save with the new tax exemption... Due to the “One Big Beautiful Bill”, eligible workers could deduct up to $25,000 in tips from their taxable income
World Bank: India needs 68 lakh crores in 15 years for urban facilities, revealed in the World Bank report... Between 2011 and 2018, urban property taxes accounted for a mere 0.15 percent of GDP, compared to an average of 0.3–0.6 percent of GDP in low- and middle-income countries.
Hotels, restaurants will no longer be able to charge service charges on food bills from consumers... Service charge cannot be collected by adding it to the food bill and levying GST on the total amount.
