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FEDERAL TAX OVERHAULS
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...- 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...
- 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...
- Trump plans statue park near National Mall, may trigger legal fightPresident Donald Trump is set to unveil a grand vision for West Potomac Park: the National Garden of American Heroes, a statue garden comme...
- Tax cuts collide with inflation as voters weigh Trump's economy in the midtermsVoters in North Carolina face a tough economic choice. While tax cuts aim to boost incomes, rising prices for rent, food, and fuel are a ma...
- What should you do with your gold investments after PM Modi urges people to postpone gold purchases?Prime Minister Modi urged citizens to postpone gold purchases to curb India's import bill amidst West Asia tensions. While the intention is...
- As Modi urges restraint on gold buying, jewellers’ body pitches mobilisation & recycling frameworkThe All India Jewellers & Goldsmith Federation proposes mobilising India's idle gold stocks. This approach aims to save foreign exchange wi...
- $9,033 windfall in 2026? Trump tax cuts may deliver big gains for eligible families - see if you qualifyTrump’s 2026 tax cuts could deliver families up to $9,033 in savings this year. The One Big Beautiful Bill Act eliminates Social Security t...
- India confident of meeting fiscal deficit target, despite planned tax cutsIndia remains confident in achieving its fiscal deficit target of 4.4% for the current fiscal year, even with planned consumption tax cuts....
- US Treasury Secretary Scott Bessent emerges as possible contender to succeed Fed's PowellU.S. Treasury Secretary Scott Bessent is being considered as a potential replacement for Federal Reserve Chair Jerome Powell, according to ...
- Will Elon Musk's DOGE survive, or is it heading toward collapse? Mass resignations raise serious questions about its future and government stabilityElon Musk’s DOGE is facing a major crisis as 21 key staff members resign, citing concerns over the department’s aggressive downsizing of fe...
- US IRS prepares to lay off thousands of workers, sources sayThe U.S. Internal Revenue Service is set to fire thousands of probationary employees, amid tax-filing season. The move aligns with efforts ...
- Imposing tariffs on India will lead to trade war, says Congressman-elect Suhas SubramanyamNewly elected US Congressman Suhas Subramanyam has voiced his opposition to potential tariffs on Indian exports by the incoming Trump admin...
- India will not merge GST tax rates in 2023/24, government official saysIndia will not overhaul its Goods and Services Tax (GST) regime in the next fiscal year, a senior official said on Monday, delaying a move ...
- Amazon CEO Jeff Bezos, stung by wide criticism, endorses U.S. corporate tax hike"We support the Biden Administration’s focus on making bold investments in American infrastructure," Bezos said in a blog post. "We recogni...
- Need GST Council like federal institution in healthcare, farm sector: Arun JaitleyListing out the necessity for setting up such a federal body, Jaitley said the states and Centre both spend on healthcare and have their re...
- White House unveils Trump’s opening bid for ‘biggest tax cut’Under US law, only Congress can make major tax law changes. Lawmakers initially greeted Trump's plan as a starting point for further discus...
- Budget 2013: FICCI seeks direct tax incentives for civil aviationFICCI has asked the govt to amend Section 72A of the Income Tax Act to extend the benefits therein to the entire airline industry.
- AT&T will take $1 bn non-cash charge for health careAT&T Inc. said Friday it will take a $1 billion non-cash charge in the first quarter related to the health care overhaul.
- Obama officials: Taxes may rise to pay health careTwo of President Barack Obama's economic heavyweights said middle-class taxes might have to go up to pare budget deficits or to pay for the...
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