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TAX BREAKS LEGISLATION
Are the EU and China heading for a trade war?Europe's trade gap with China is widening. This is leading to protective measures on items like electric vehicles and e-commerce. Leaders a...- America's shutdown of Anthropic's AI models is not a surprise. And India has seen it coming for 30 yearsThe US government's export control order on Anthropic's advanced AI models, blocking non-American nationals, highlights a long-standing Ind...
- 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's $1.8 billion 'weaponization' fund put on hold after fierce opposition from CongressPresident Trump's proposed $1.8 billion fund for alleged government "weaponization" victims has been halted. Republican lawmakers in Congre...
- D K Shivakumar: Congress troubleshooter to Karnataka CMD K Shivakumar's four-decade political journey, from village lanes to Karnataka's highest office, is marked by resilience and loyalty to Co...
- Who gets what in Vijay’s Tamil Nadu Cabinet as Congress, VCK, IUML join power tableTamil Nadu's political landscape has shifted with Chief Minister C Joseph Vijay forming a 35-member coalition ministry. This new government...
- 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...
- US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in AprilAverage hourly earnings rose 0.2% from March and 3.6% from April 2025, consistent with the Federal Reserve's 2% inflation target.
- Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
- Trump signs bill funding the Department of Homeland Security, ending record shutdownPresident Trump signed bipartisan legislation to fund most of the Department of Homeland Security, ending the longest agency shutdown in hi...
- Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the sameThe soccer coach had blocked himself from sportsbooks by the time he found prediction markets.
- US lawmakers take on AI chatbots, fraud in new billsAmerican lawmakers are collaborating on new artificial intelligence legislation. The proposals aim to enhance safety for children and worke...
- Midterm strategy shift: GOP keeps Trump agenda, softens TrumpRepublicans are adjusting their strategy for upcoming midterm elections. They aim to use President Trump's ability to mobilize voters witho...
- 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...
- What’s the deal with SALT? The tax break at the center of a high-stakes GOP battle that’s delaying major legislationSome Republicans and Democrats are fighting over how much state and local tax (SALT) people can deduct. It has now put a flagship tax and s...
- Republicans supporting firms that outsource jobs to India, China: Harry Reid"It's no surprise Republicans are on the side of corporations making big bucks sending American jobs to China and India," Senate Majority L...
- Your income-tax just got less taxing!You will soon be able to calculate your tax outgo without turning to your chartered accountant.
- SEZ bill likely to get green signalThe long-awaited umbrella legislation for special economic zones providing for a liberalised labour regime and tax incentives, is likely to...
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