Brad Stevens and the Celtics front office did their tough work early this offseason by dealing away Kristaps Porzingis and Jrue Holiday in cost-cutting moves that slashed Boston’s projected ...

Looming over baseball is a likely lockout in December 2026, a possible management push for a salary cap and perhaps lost regular-season games for the first time since 1995. “No one’s talking about it, ...

Looming over baseball is a likely lockout in December 2026, a possible management push for a salary cap and perhaps lost regular-season games for the first time since 1995.

Marc Lore and Alex Rodriguez held their first press conference since taking over as the majority owners of the Timberwolves ...

Marc Lore and Alex Rodriguez held their first press conference since taking over as the majority owners of the Timberwolves ...

The One Big Beautiful Bill Act institutes a seemingly minor change that will have major unintended consequences.

CNBC’s Jim Cramer on Wednesday reviewed how a new tax measure in President Donald Trump’s megabill could impact sports ...

In order to acquire Myles Turner, the Milwaukee Bucks had to waive and stretch Damian Lillard for a record amount of money.

The NBA will officially announce shortly before the opening of free agency the exact thresholds for the salary cap, luxury tax, first tax apron and second tax apron. However, the sports business ...

The Phoenix Suns waived Cody Martin to move closer to the second luxury tax apron. Phoenix is expected to sign Collin Gillespie to a one-year deal. The Phoenix Suns are getting closer to finally ...

Luxury items priced over Rs 10 lakh will incur a 1% Tax Collected at Source (TCS) from April 22, 2025, aimed at enhancing monitoring and financial transparency.

TCS on luxury goods: The income tax department has issued two notifications specifying the list of luxury goods on which tax will be collected at source (TCS) from the buyer. The TCS will be ...