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IRS NEW RULES 2025
IRS announces new rules Trump Accounts for contribution towards employees’ dependent children. All you need to knowEmployers can now contribute $2,500 each year to Trump Accounts designed for children's savings. Alongside this, employees have the option ...- US Congress advances penny phaseout bill: What it means for you, the rounding rules, and how cash transactions could changeCongress is moving to end the production of one-cent coins for general circulation. The proposed Common Cents Act allows retailers to round...
- Red Tape ordered to pay Rs 26,000 compensation after Gurgaon man asked to pay extra Rs 30 for carry bagsA consumer commission found Red Tape guilty of unfair trade practices. The footwear brand charged a customer thirty rupees for three shoppi...
- Canada citizenship certificate wait jumps to 25 months; backlog crosses 121,000Canadian citizenship certificate wait times have significantly increased to twenty-five months. The number of applications awaiting a decis...
- What is Child Tax Credit? IRS confirms up to $1,700 in ACTC refunds - Check age, residency and income eligibilityThe Child Tax Credit provides families with a benefit of up to $2,200 for each child. Part of this credit might be refundable via the Addit...
- Independence Day 2026: 10 Har Ghar Tiranga rules you must know before displaying the national flagIndependence Day 2026 Har Ghar Tiranga Rules: India prepares for Independence Day 2026 celebrations with flag display rules. The Flag Code ...
- Flipkart, Amazon, Meesho top list of e-commerce firms facing most complaints on NCH in 2025Flipkart and Amazon received the highest number of consumer complaints in 2025. Meesho and Myntra also featured prominently on the list of ...
- Court approval not required for rape victim's termination of pregnancy up to 24 weeks: MP High CourtThe Madhya Pradesh High Court stated no court approval is needed for rape survivors to terminate pregnancies up to 24 weeks. This observati...
- Bumble rules changed: Dating app changes its biggest rule after 12 years, introduces major update for usersBumble is revolutionizing its messaging policy also allowing men to initiate conversations. This shift enhances user flexibility, significa...
- Will 8th Pay Commission submit its report before 18-month deadline? Minister clarifies8th Pay Commission news: The 8th Pay Commission is currently engaging with various stakeholders regarding issues related to pay and pension...
- Myntra failed to deliver order, then cancelled without explanation: Customer lost chance to buy 5-gram gold at lower price; consumer court orders Rs 60,000 payoutMyntra has been ordered to pay Rs 50,000 in compensation and Rs 10,000 in litigation costs after a Kurnool consumer court found it failed t...
- Presumptive taxation for professionals: The 50% rule remains-but what changes for deductions and losses under the new tax Act?The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...
- New foreign investment rule looms over AIFs, foreign investorsA new regulation threatens alternative investment funds' established structures. These funds have relied on Indian ownership for sponsor an...
- US set to make online filing of immigration applications mandatoryThe US will make online applications mandatory for a range of immigration benefits, including green cards, citizenship and asylum, under a ...
- Jeweller takes 32-gram gold from customer, keeps it for 3 years and then denies receiving: Consumer court orders Kapoor Jewellers to return the gold and pay Rs 35,000; here's why32 grams of gold handed to Kapoor Jewellers in Kangra for making new bangles was neither returned nor converted into the promised ornaments...
- 'Who introduced them?': US senator Katie Britt reacts to ex Canadian PM Justin Trudeau and Katy Perry romance: “He used to be in charge of a whole country”Justin Trudeau and Katy Perry’s high-profile romance has sparked fresh attention after Alabama Senator Katie Britt questioned how the unlik...
- IRS tax credit could mean up to $8,231 for eligible workers: Who qualifies for the Earned Income Tax Credit, how much you could receive and what you should check before filingThe IRS Earned Income Tax Credit (EITC) can provide significant tax relief to eligible low- and moderate-income workers. For tax year 2025,...
- Supreme Court to hear plea against order upholding rejection of waqf suits for non-payment of court feesThe Supreme Court will hear a plea challenging a Gujarat High Court ruling. This ruling upheld the rejection of waqf suits for unpaid court...
- Donald Trump's attorney general pick clears key hurdle as GOP senator backs BlancheSenator Bill Cassidy will support Todd Blanche's nomination for attorney general. This decision likely ensures Blanche's confirmation to le...
- Indian Navy launches 5th Diving Support Craft 'DSC A24' in KolkataThe Indian Navy successfully launched its fifth Diving Support Craft, DSC A24, in Kolkata. This vessel represents a significant advancement...
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