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IRS REVENUE DECLINE
Elon Musk scorned "shady" loopholes, yet offshore tax tricks likely saved Tesla hundreds of millionsTesla has reportedly saved over 400 million dollars on US taxes. This was achieved through a financial maneuver involving its units in the ...- Income tax staff warn of nationwide agitation in April-May: 'Pushed to the brink’ over work pressure, delayed promotionsTwo major Income Tax Department employee associations, representing nearly 97% of the workforce, have warned of a seven-stage nationwide ag...
- IRS tax refund 2026 update: returns down 12.3% — is your direct deposit delayed and what does “Where’s My Refund?” reveal?IRS tax refund 2026 update: IRS processed 20.6 million tax returns through February 6, down 12.3% year over year, while the average tax ref...
- This free option still lets you file your 2025 tax return online, no hidden fees - here’s how it worksThe 2026 tax season introduces vital changes. IRS Free File is now open for those earning $89,000 or less. With Direct File discontinued, t...
- $2000 direct deposit for US citizens in October? Check latest update on stimulus check, inflation check and moreAmericans will not receive a fourth stimulus check this October. Rumors circulating on social media about direct deposit relief payments ar...
- IRS said to be considering whether to revoke Harvard's tax-exempt statusThe IRS is considering revoking Harvard's tax-exempt status, escalating the Trump administration's pressure on the university. This action ...
- Half a trillion vanished? IRS bombshell as agency warns DOGE may have cost U.S. a shocking $500 billion; here's the full detailThe IRS estimates a $500 billion loss due to the Trump administration’s Department of Government Efficiency's disruptions. DOGE reduced IRS...
- Massive taxpayer exodus in the U.S? IRS braces for huge $500 billion revenue hit after DOGE cuts spark taxpayer revoltThe IRS is predicted to see a $500 billion shortfall in revenue as many taxpayers might not file taxes. This is influenced by staff cuts an...
- About 850 IRS officers took retirement under VRS in last 10 years: MoS FinanceOver 850 Indian Revenue Service officers have opted for voluntary retirement in the past decade. Customs officials seized over 2,746 kg of ...
- Why is Hunter Biden suing IRS? Details of the lawsuit and response of whistle-blowers | ExplainedOn Monday, Hunter Biden initiated a lawsuit against the US Internal Revenue Service, claiming that the agency infringed upon his privacy ri...
- Japan approves country's first-ever legal casino in Osaka to boost tourism industryThe Osaka plan, which aims to open the casino by 2029, was approved after "sufficient examination from various perspectives", land and tran...
- To make jobs, don't bloat the bureaucracyGoI salaries and pensions account for about 3% of GDP. The sanctioned strength of government employees declined with economic liberalisatio...
- Indian Railways: 1.1 lakh ideas poured in so far for Indian Railways' biggest ever brainstorm on Nov 18 -20PM Modi will join over 650 participants from the Railways in a yoga session before listening to their presentation on the top 15 reform ide...
- Rail Budget 2014: High on intent, short on time-defined plansThe Gowda budget, no doubt high in intent and a reminder of the enormity of responsibilities devolved on IR, falls far short of time-defini...
- Indian Newspaper Society rejects IRS 2013 findingsThe Indian Newspaper Society, an umbrella association of the Indian newspaper industry, has rejected the Indian Readership Survey (IRS) 201...
- HSBC New Jersey client admits conspiracy in offshore tax caseA New Jersey client of HSBC Holdings pleaded guilty to charges that he hid as much as $4.7 million through Swiss and Indian accounts not de...
- Indian Railways need a makeoverThere is a dire need for Indian Railways to reposition itself to cash in on the projected rise in the number of passengers.
- Fare Play: Keeping track of railways booksFreight Operations – Outside the budget announcement of “no change in freight rates” IR revises certain rates and rationalises the freight ...
- UBS official to face Senate questioningAn official of UBS AG will face questions from a Senate panel for the first time since Switzerland's biggest bank formally acknowledged res...
- PwC faces IRS audit over tax violationsPricewaterhouseCoopers, the world’s largest accounting firm, is being audited by the US .
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