• Mon, December 16, 2024

by: MoneyWeek

6 taxes going up in 2025

Inflation may be slowing and interest rates could be cut further, but households should prepare for higher tax bills next year - we look at the six taxes going up in 2025

by: India Today

Parliament Session Highlights: BJP's whip to MPs to be present in Lok Sabha tomorrow over 'important business'

The Rajya Sabha on Monday convened a two-day discussion marking 75 years since the adoption of the Constitution. The focus of the debate is on the significance and evolution of the Constitution since its adoption on November 26,

by: inc42

Zomato's Business Finance Head Hemal Jain Quits

Zomato's global head of finance Hemal Jain is stepping down from the company after a six-year long stint to "explore other opportunities".

by: The Verge

Arm CEO Rene Haas on the AI chip race, Intel, and what Trump means for tech

Rene is a fascinating character in the tech industry. He's worked at two of the most important chip companies in the world: first Nvidia, and now Arm. That means he's had a front-row seat to how the industry has changed in the shift from desktop to mobile and how AI is now changing everything all over again.

by: Finance & Commerce

Endeavor buys property in Vadnais Heights

A warehouse property in Vadnais Heights has been sold for $10.5 million and the buyer is a prominent Edina developer, according to a certificate of real estate value released last week.

by: Bloomberg L.P.

December Global Regulatory Brief: Digital finance

As technology continues to reshape financial services, regulators and policy setters are embarking on a range of digital-finance initiatives to manage risks and set appropriate standards.

by: The New Zealand Herald

Watch live: Govt books in worse shape than expected, ministers face Question Time grilling

Willis said she would consider whether the worse-than-expected economic outlook would "warrant any further action" by her in the future. As previously signalled, she is looking at requiring charities that are really businesses to pay more tax.

by: Forbes

SoftBank's $100 Billion Promise To Trump Is More Than Its Entire Market Cap

The Japanese tech conglomerate has assets, like a majority stake in British chip company Arm, but hasn't detailed how it will pony up.

by: Yahoo Finance

Expro Wins Contract to Support Plug and Abandonment Campaign

Expro has been awarded a contract valued at over $10 million for the provision of a well decommissioning solution.

by: moneycontrol.com

Alphabet, Elevation Capital, LGT-backed Aye Finance plans to float Rs 1,450-crore IPO, files draft papers with SEBI

The initial public offering consists of fresh issuance of equity shares worth Rs 885 crore, and an offer-for-sale of Rs 565 crore worth shares by existing shareholders, as per the DRHP filed on 6.

by: The Daily Mirror

HNB and CFA Society Sri Lanka renew partnership to foster financial sector growth in 2024

HNB has reaffirmed its strong commitment to enhancing the nation's financial sector by renewing its partnership with the CFA Society Sri Lanka (CFA SSL). ..

by: bnnbloomberg

Finance Minister Chrystia Freeland quits cabinet, LeBlanc to replace her

Deputy Prime Minister and Finance Minister Chrystia Freeland has announced she's resigning from Prime Minister Justin Trudeau's cabinet, after she says he told her he no longer wanted her in the top economic post.

by: MSN

Gemini Daily Horoscope Today (May 21- June 20), December 17, 2024: Your health will improve!

Gemini Money Horoscope Today You will promote new projects and achieve success in matters related to land and property. Goals will be accomplished, and your focus will be on business. Wealth and prosperity will grow.

by: Business Standard

How AU Small Finance Bank is luring India's affluent with premium banking

AU Eternity offers a unique blend of luxurious banking services and personalized privileges, powered by a strategic partnership with Mastercard.

by: Reuters

Trump again warns Hamas to release hostages soon, or 'It's not going to be pleasant'

President-elect Donald Trump said on Monday he had a "very good talk" with Israel's prime minister, Benjamin Netanyahu, about the war in Gaza and reiterated his threat that "all hell is going to break out" if Hamas does not release its hostages by Jan.

by: MSN

Here's how Utah earned its No. 1 ranking for innovation

A new report from the U.'s Kem C. Gardner Policy Institute uncovers the wide-ranging drivers of Utah's high-performance innovation output.

by: bnnbloomberg

Trudeau taps LeBlanc as finance minister after Freeland resigns: source

Prime Minister Justin Trudeau's government is reeling as he loses top cabinet ministers, including Finance Minister Chrystia Freeland who was set to release a key economic update on Monday.

by: Reuters

Meta contractor dismissed threats to moderators by Ethiopia rebels: court documents

A contractor hired by Facebook's parent company Meta dismissed threats to content moderators by Ethiopian rebels angered by their work, according to new evidence filed in a case challenging the dismissal of dozens of moderators in Kenya.

by: Yahoo Finance

Mitek Reports Fiscal 2024 Fourth Quarter and Full Year Financial Results and Provides Guidance for Fiscal 2025

(NASDAQ: MITK, "Mitek" or the "Company"), a global leader in digital identity verification, mobile capture and fraud management, today reported financial results for its fourth quarter ended September 30,

by: Business Standard

Shape Your Future with a Bachelor of Business Administration at JAIN (Deemed-to-be University), CMS

The Bachelor of Business Administration (BBA) program at JAIN (Deemed-to-be University), Center for Management Studies (CMS), is an unparalleled opportunity to embark on a journey of academic excellence and professional growth.

by: Reuters

Insurer stocks fall after Trump says 'we're going to knock out the middleman'

Shares of health insurers operating pharmacy benefit managers fell on Monday after U.S. President-elect Donald Trump called them middlemen who drive up costs and said he plans to eliminate their role.

by: MSN

US grocery prices, and eggs in particular, climb heading into holiday season. Here's why.

A rise in food prices makes for a less than merry holiday season. Grocery prices rose 0.4% in November, according to the Consumer Price Index, released this week by the U.S. Bureau of Labor Statistics.

by: MSN

Dollar supported as bets on 2025 rate cuts evaporate

The friendless euro, which is heading for a calendar-year drop of nearly 5% on the dollar, was not far from the year's

by: Reuters

Trump says Turkey holds the key to Syria's future

U.S. President-elect Donald Trump said on Monday that Turkey will "hold the key" to what happens in Syria, where rebels backed by Ankara toppled the government of Bashar al-Assad earlier this month.

by: MSN

Chinese firms forge ties with UAE as Gulf nation acts as 'superconnector' in global trade

China's growing heft in innovative industries is driving partnerships with the UAE, HSBC's country head says Chinese companies are increasingly seeking partnerships in the United Arab Emirates (UAE) as the Gulf nation acts as a "superconnector",

by: MSN

WSJ Crossword December 17 2024 Answers (12/17/24)

Our WSJ Crossword December 17, 2024 answers guide should help you finish today's crossword if you've found yourself stuck on a crossword clue. The Wall Street Journal Crossword is a well-known and respected puzzle that appeals to solvers looking for a challenging and thought-provoking experience.

by: MSN

Regional balance doesn't need to mean 'anywhere but Belfast'

Regional balance has been a big feature of economic chat this year, particularly so since Minister Murphy announced it as one of his four economic missions, with improving productivity, good jobs, and climate making up the rest.

by: MSN

Fiducia Commercial Network appoints new executive relationship director

Fiducia Commercial Network has appointed Norman Chambers, previously the managing director of the National Association of Commercial Finance Brokers (NACFB), as its new executive relationship director.

by: MSN

Middle school students in Utah are being taught to pitch like Shark Tank entrepreneurs

Middle school students in Salt Lake City participate in a Shark Tank-inspired competition to pitch their start-up ideas to business leaders in Utah.

by: MSN

Pisces Daily Horoscope Today (Feb 19-Mar 20), December 17, 2024: Your personality will improve!

Pisces Money Horoscope Today Matters related to property or vehicles will work in your favor. Your profit margin will improve, and you will continue to make swift progress in your career and business.
  • Tue, December 17, 2024

by: The Daily Telegraph

This housebuilder is making inroads to better profit margins

We are still sitting on a paper loss on housebuilder Springfield Properties, but a lowly valuation should protect...

by: Lock Haven

KCSD reviews 2023-2024 finance report

Keystone Central School District Business Manager Joni MacIntyre presented the school board with KCSD's 2023-2024 End of Year Report, revealing that the district secured a $1.3 million surplus, which she recommended be reinvested in various improvement projects.

by: Daily Sabah

Canada's finance minister resigns amid tariff rift with Trudeau

Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland resigned on Monday in a surprise move after disagreeing with Prime

by: BBC

Canada's finance minister quits over Trump tariff dispute with Trudeau

Chrystia Freeland says Canada faces a "grave challenge" from incoming US President Donald Trump's tariff threats.

by: Business Line

Zomato's global finance head Hemal Jain quits

Zomato's global finance head Hemal Jain has stepped down from her position to pursue other opportunities. The company informed about this development in a BSE filing on December 16 as a disclosure of resignation of a senior personnel management member.

by: ThePrint

Understanding Collateral Requirements for Business Loans

The process of obtaining a business loan can be complex, with financial institutions carefully evaluating various factors to assess risk. One of the key elements that significantly impacts a borrower's chances of securing a loan is collateral.

by: France 24

Trump and SoftBank CEO announce $100 billion investment plan in US

US President-elect Donald Trump appeared jointly with Masayoshi Son, the CEO of Japan's SoftBank, announcing the group's plan to invest $100 billion in the United States over the next four years.

by: Business Today

Personal Loans vs. Payday Loans: Key differences and how to choose the right one

Unlike specific loans for education or home purchases, personal loans offer flexibility in how you use the funds. Payday loans may provide assistance during a financial crisis.

by: Business Standard

Adani deal under bribery scrutiny was approved against officials' advice

Two years earlier, Andhra Pradesh's energy regulator had said in a 10-year forecast the state had no short-term need for solar power

by: Yahoo Finance

D-Wave CEO Dr. Alan Baratz Discusses Company's Growing Commercial Quantum Computing Momentum on Yahoo! Finance's "Catalysts"

Wave Quantum Inc. (NYSE: QBTS) ("D-Wave" or the "Company"), a leader in quantum computing systems, software, and services, and the world's first commercial supplier of quantum computers, announced that CEO Dr.

by: Forbes

Leadership, Trust, And AI: Dan Durn's Journey As Adobe's CFO

At Adobe, Durn has helmed Finance, Technology Services, and Operations as CFO for more than three years. Perhaps his most visible CFO role yet, several underlying factors have resulted in Durn's career satisfaction: being exposed to value creation at innovative companies, experience in a variety of industries, and collaboration with mentors.

by: MSN

What's Ailing the NBFC Sector and How Can Diversification Help Drive Recovery? | Business News

The NBFC sector is facing pressure due to high inflation, rising interest rates, and increased household debt, impacting asset quality. Despite stock corrections, challenges persist, especially in microfinance and unsecured credit.

by: MSN

Aye Finance Limited files DRHP with SEBI for Rs 1,450 crore IPO

The IPO, with a face value of Rs 2 per equity share, combines a fresh issue of up to Rs 885 crore and an offer of sale of up to Rs 565 crore by Corporate and Individual Selling Shareholders.

by: MSN

Gurugram-based MSME lender Aye Finance Limited files DRHP with SEBI for ?1,450 crore IPO

Aye Finance has demonstrated strong financial performance, reporting a 291.5% surge in profit after tax (PAT) from ₹43.9 crore in FY2023 to ₹171.7 crore in FY2024.

by: MSN

Canadian business leaders say Freeland's resignation adds uncertainty to trade talks

Some business leaders worry the resignation of Finance Minister Chrystia Freeland from the federal cabinet leaves Canada without a "quarterback" at a critical moment for the country's economy and trade relationships.

by: MSN

A new blueprint for financing community development - Part I

Boyle Heights, a neighborhood in East Los Angeles, is one of the city's cradles of Mexican American history and culture. At its heart sits Mariachi Plaza, a longtime gathering place for mariachi musicians for hire.

by: MSN

'I Have Taken This Tough Decision...': Zomato's Global Head Of Finance Hemal Jain Resigns

Hemal Jain, Zomato's Global Head of Finance and CFO of Hyperpure, has resigned, effective January 31, 2025, after over six years with the company. Her exit follows Zomato's receipt of an Rs 803 crore GST demand notice.

by: MSN

Sagittarius, Daily Horoscope Today, December 17, 2024: Day brimming with opportunities

Sagittarius, get ready for a day brimming with opportunities! Relationships flourish, with potential marriage proposals and reignited sparks for couples. Children's successes bring joy, while career advancements hinge on collaboration and partnerships.

6 taxes going up in 2025

Inflation may be slowing and interest rates could be cut further, but households should prepare for higher tax bills next year - we look at the six taxes going up in 2025
The article from MoneyWeek discusses the impending tax increases in the UK set to take effect in the new year. It highlights that despite promises from the government to reduce the tax burden, several tax changes are on the horizon. Key points include the freezing of income tax thresholds, which will result in fiscal drag, pulling more people into higher tax brackets as their wages increase with inflation. Additionally, there are increases in National Insurance contributions, changes to dividend tax allowances, and adjustments to Capital Gains Tax. The article also mentions the potential for increases in council tax, fuel duty, and the introduction of new taxes like the Health and Social Care Levy. These changes are expected to raise significant revenue for the government but will also increase the financial pressure on individuals and businesses, potentially stifling economic growth.

Read the Full MoneyWeek Article at:
https://moneyweek.com/personal-finance/tax/taxes-going-up-in-new-year

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