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FEDERAL TAX RECEIPTS
Assam State Budget 2026-27: FINER suggests higher devolution share and tax net wideningAhead of Assam's 2026-27 State Budget, industry body FINER urges higher central fund devolution and tax net expansion. They praise the Prof...- Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
- India considers spending curbs to protect fiscal deficit targetIndia's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals...
- Green card rules change: An immigration lawyer answers all your key questionsA new USCIS policy memorandum, PM-602-0199, impacts Adjustment of Status applications. Immigration officers will now scrutinize application...
- Comcast's dirty secret cost them $117 million, you could be owed $10,000; here's how to grab your share by August 14The Comcast $117.5 million settlement has triggered a nationwide rush as millions of Americans now check eligibility for a possible $10,000...
- US Stock Market: US treasury keeps auction sizes unchanged, signals stable borrowing strategyThe US Treasury will maintain stable auction sizes for notes and bonds for at least the next several quarters, opting for a cautious borrow...
- Trump's $166 billion tariff refunds may finally be in sight as first payouts expected by May 11The Trump administration is set to issue its first tariff refunds around May 11, following the Supreme Court's ruling that the sweeping dut...
- $994 SSI payment May 2026: Will your Social Security check arrive on May 1, who qualifies, and exact deposit timing?The $994 SSI payment for May 2026 is confirmed. The deposit date is May 1, 2026. This is the official Supplemental Security Income (SSI) pa...
- Gold rises as oil weakens after US extends ceasefire with IranGold gained as easing oil prices and the extension of the US-Iran ceasefire supported sentiment, with investors balancing reduced inflation...
- Dollar at week high as markets raise doubts over Iran ceasefireOn the policy front, Federal Reserve nominee Kevin Warsh's comments at a Senate confirmation hearing were interpreted as slightly hawkish, ...
- Australia announces $1000 instant tax deduction for millions of taxpayers under proposed law; How it works and what will be the maximum and average savings?Millions of Australians will soon benefit from a $1,000 instant tax deduction. This new legislation simplifies claiming work-related expens...
- Costly tax errors: 5 filing mistakes that could drain up to $2,000 from your walletMany people make simple tax filing mistakes that cost them money every year. These include missing deductions, wrong income details, and no...
- Don’t miss out: Smart last-minute tax moves to boost deductions before April 15Tax tips before April 15 deadline: With the April tax deadline approaching, organize your documents and explore deductions for retirement a...
- US budget deficit hits $284 billion in October; report impacted by shutdownAmerica's government reported a $284 billion deficit in October. This figure was influenced by a federal shutdown and a shift of some Novem...
- America's federal deficit is growing. This is why.The US federal budget deficit has grown unexpectedly, reaching around $2 trillion, despite the strength of the economy. The deficit is the ...
- India's April-January fiscal deficit widens on-year to Rs 11.91 lakh crore, 67.8% of revised FY23 aimTotal receipts stood at 19.77 lakh crore rupees, while overall expenditure in April to January was at 31.68 lakh crore rupees. They were 81...
- India expects tax collection growth to continue despite surge in COVID-19 casesSome business leaders have expressed concerns over the lockdowns by many states after a surge in infections, fearing that it could hit cons...
- Indian states’ rising debt pose risk to their finances, RBI saysIndia’s federal government revised its borrowing plan for a second time to a record 13 trillion rupees ($177 billion), with the additional ...
- India's federal fiscal deficit touches 58.6% of annual target in two monthsNet tax receipts during April-May period were 338.5 billion rupees ($4.48 billion), while total expenditure was 5.12 trillion rupees, the d...
- Enough provisions to handle Centre-State dispute: Rajnath SinghThe Constitution elaborately defines power distribution between the Centre and state governments, providing enough space for both, Home Min...
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