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FEDERAL INCOME TAX
FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIsFollowing RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...17 Jun, 2026, 01.28 PM IST- 8th Pay Commission news: Defence employee body demands new inflation index to calculate 8th CPC DA, DR, revised payThe All India Defence Employees’ Federation (AIDEF) has urged the 8th Pay Commission to replace the AICPI-IW-based inflation measure with a...17 Jun, 2026, 11.51 AM IST
- Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...12 Jun, 2026, 08.10 PM IST
- Social Security crisis 2032: Could a 22% benefit cut slash retirement income for millions of Americans if Congress fails to act?Social Security crisis 2032 is no longer a distant warning. Current projections show the trust fund could face depletion by 2032, triggerin...10 Jun, 2026, 11.22 PM IST
- To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...10 Jun, 2026, 02.37 PM IST
- Iran war: Fuel price surge squeezes dairy, poultry value chainsIndustry officials say rising fuel costs, coupled with geopolitical disruptions affecting commodity markets, are squeezing farmer margins a...09 Jun, 2026, 11.31 AM IST
- Social Security benefits June 2026: Who gets paid June 10 and what could future benefit changes mean?Social Security payments remain a top concern for millions of retirees in June 2026. The latest Social Security payment arrives June 10 for...08 Jun, 2026, 11.38 PM IST
- GIFT Nifty tumbles 1.5% as US stock market plunges. Will Dalal Street crash on Monday?GIFT Nifty plunged over 1.5% after a sharp selloff on Wall Street, signalling a weak start for Dalal Street on Monday. Strong US jobs data ...06 Jun, 2026, 12.21 PM IST
- What? Could your Social Security benefits be cut by $500 a month in 2032? Here's which states face the biggest losses from trust fund insolvencyFor millions of retirees, Social Security is more than a government benefit. It is a lifeline. New projections warn monthly checks could fa...06 Jun, 2026, 01.46 AM IST
- Sensex recovers 700 points from day’s low, Nifty rises above 23,450. 5 key factors behind market reboundIndian stock markets staged a strong comeback, with Sensex and Nifty recovering significantly from morning lows. Falling oil prices, a stre...04 Jun, 2026, 12.36 PM IST
- Australia's lower house passes bill for biggest overhaul of taxes in decadesAustralia's parliament has approved a major tax reform. The government is curbing tax breaks for property investors to boost housing afford...04 Jun, 2026, 10.15 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
- US inflation rises to 3.8% in April, highest level in nearly 3 yearsThe PCE price index, which is the US Federal Reserve's primary measure of inflation, increased 0.4 per cent from the previous month and 3.8...29 May, 2026, 08.04 PM IST
- $994 SSI check update: Will millions get paid on June 1 or face a surprise delay? June 2026 Social Security Schedule ExplainedMillions of SSI recipients are set to receive their $994 SSI check on June 1, 2026, according to the Social Security Administration's payme...29 May, 2026, 06.19 PM IST
- India insurers seek doubling of tax-free limit for some products to boost inflows, sources sayIndian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowin...29 May, 2026, 01.09 PM IST
- US inflation hits three-year high in April as Iran war fuels energy price surgeAmerica's inflation rate has reached a three-year peak. Higher energy costs are a major factor. This situation is expected to keep interest...28 May, 2026, 06.22 PM IST
- Samsung’s $416,000 chip worker bonuses may reshape labour battles in South KoreaSamsung Electronics has agreed to a significant bonus deal with its union, a move that could reshape wage bargaining in South Korea. Memory...27 May, 2026, 10.08 AM IST
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