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Sunday, January 4, 2026
TopicTaxes

Topic: Taxes

Spain says ‘tax the rich’, plans higher fees for private jets, business class air travel

“It is only fair that those who have more — and pollute more — pay their fair share,” Spanish Prime Minister Pedro Sánchez said.

Days after exiting govt’s DOGE, Elon Musk calls Trump’s funding bill ‘disgusting abomination’

Musk condemned the legislation, writing: 'This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it...'.

How Will Raising the Section 80D Limit Benefit Taxpayers Under the New Tax Regime?

A revision in section 80D would not only support taxpayers but also strengthen the health insurance industry, making quality healthcare more accessible to a larger population.

Budget tries to balance growth with fiscal prudence, but relies on spending cuts over revenue boost

Govt has done well to stick to path of fiscal consolidation. It’s unclear if compression of revenue spends net of interest payments is the direction the govt would like to take in coming yrs.

When you are ecs-tax-tic & tariff-ied and you know it

The best cartoons of the day, chosen by the editors at ThePrint.

UK gives alcohol industry tax reliefs, hopes for growth, innovation

The announcement is in line with the Prime Minister's 'Plan for Change' aiming to bolster economic growth

Maximise Your Income Tax Savings with Home Loans Today

Read to know how home loans can help you save on taxes, why they are a game-changer for your finances, and how Bajaj Housing Finance Home Loan can make this journey seamless.

SubscriberWrites: Windfall tax gone for the better

The Windfall Tax was primarily introduced to generate revenue, promote wealth redistribution by funding public welfare initiatives, and address inequality.

India probes Netflix’s business practices amid allegations of visa violations, racial discrimination

Netflix's former India director of business and legal affairs, Nandini Mehta, said she is suing Netflix in the US for alleged wrongful termination, racial & gender discrimination.

NPS for Private Sector Employees: Retirement Planning Options

The NPS is an ideal retirement planning option for investors, as professional fund managers manage the scheme at very low charges. Moreover, it offers significant tax benefits under different sections of the Income Tax Act.

On Camera

What women want—a man who cooks and doesn’t seek a standing ovation for it

An average Lajpat Nagar playboy knows that women will reply to his Instagram story of the chicken curry he cooked for lunch. And he is proven right, every single time.

Wall Street carries big expectations this year after best run since 2009

The concern is not that 2025’s rally was irrational, but that it may be difficult to repeat. Outlooks remain anchored to AI investment and growth without reigniting inflation.

Greece looking at TATA’s WhAP infantry combat vehicle for army procurement

If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.

A year-end Mea Culpa in National Interest—The Army-Islam combo doesn’t kill democracy

Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.