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US TAX SYSTEM
Trump calls court freeze on $100,000 H-1B fee ‘crazy’ and 'hurting our country'US President Donald Trump slammed federal judges for blocking his administration's USD 100,000 H-1B visa fee, calling the system "crazy". W...09 Jun, 2026, 12.24 PM IST- US lawmakers cheer as court blocks $100,000 H-1B fee in major blow to Trump visa curbsUS lawmakers welcomed a court ruling blocking a proposed USD 100,000 H-1B visa fee, despite White House plans to appeal. The decision cruci...09 Jun, 2026, 09.46 AM IST
- US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...09 Jun, 2026, 09.40 AM IST
- India, UK talks progressing on resolving issues for trade pact implementation: OfficialIndia and the UK are making good progress on their free trade agreement. Discussions are ongoing to resolve issues like the UK's steel safe...08 Jun, 2026, 07.11 PM IST
- Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...08 Jun, 2026, 01.39 PM IST
- India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...07 Jun, 2026, 04.29 PM IST
- War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...07 Jun, 2026, 01.18 PM IST
- 'AI won't just moderate posts, it will curate reality': Former White House AI czar David Sacks warns against govt control of AIDavid Sacks, chair of the President's Council of Advisors on Science and Technology and former White House AI and Crypto Czar, has criticiz...06 Jun, 2026, 02.42 PM IST
- Strong backing, but light touch: What is the RBI's rupee playbook?The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...05 Jun, 2026, 12.45 PM IST
- India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...04 Jun, 2026, 11.40 PM IST
- Withholding tax removal could unlock $25 billion in bond Inflows, says Citi's Aditya BagreeIndia anticipates substantial foreign investment. Two key policy shifts, removing withholding tax on government bonds and inclusion in the ...04 Jun, 2026, 04.22 PM IST
- Bad weather forces LoP Rahul Gandhi to cancel Almora visit; addresses rally via phoneRahul Gandhi's helicopter visit to Almora was cut short by bad weather. He later addressed a rally by phone. Gandhi criticized the central ...04 Jun, 2026, 02.04 PM IST
- $35 million Newport beach mansion, near-zero declared income: How California techie supplied US equipment to Iran for over a decadeA dual Iranian-American tech executive, Jamshid Ghomi, was arrested at his $35 million mansion for allegedly running an illegal export oper...04 Jun, 2026, 11.39 AM IST
- Trump orders tighter banking scrutiny of undocumented migrants, warns of account seizuresPresident Trump announced an executive order to shut down and seize funds from bank accounts supporting illegal immigration or holding welf...03 Jun, 2026, 11.29 AM IST
- Planning to move to Malaysia? Here's what you need to knowMalaysia My Second Home (MM2H) offers long-term residency through an investment scheme with four categories: Platinum, Gold, Silver, and SE...02 Jun, 2026, 03.18 PM IST
- The traditional path to a US passport looks less certain than it did a decade agoThe US immigration pathway for skilled professionals, once a clear ladder, is now fraught with uncertainty. Lottery-based H-1B visas and ma...02 Jun, 2026, 02.25 PM IST
- Jeff Bezos takes dig at Zohran Mamdani, imagines Amazon run like NYC schools: ‘Packages would take six weeks, cost $100 and still arrive wrong’Jeff Bezos criticized New York City's public school system's inefficiency, comparing it to Amazon's operations to highlight administrative ...27 May, 2026, 01.18 PM IST
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