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TAX CUTS
From gas prices to grocery bills: How Trump’s economic policies are giving Democrats a new midterm campaign weapon- GST reforms: What changes in compliance, input tax credit, refunds and litigation from 2027
- Donald Trump Medicaid social security coverage: Check who are eligible after latest change may lead to millions dropped and what will be impact while availing private insurance
- GST Council bets on faster refunds, lower penalties to ease business burdenThe 57th GST Council meeting has introduced measures to simplify compliance and expedite refunds for businesses. Recommendations include in...10 Oct, 2026, 03.57 PM IST
- GST 2.0 makes it less taxing as govt scrap arrest powers, raise prosecution threshold to Rs 5 crore in major overhaulThe GST Council recently approved substantial reforms to simplify the indirect tax structure and improve compliance. These changes include ...10 Oct, 2026, 03.57 PM IST
- This $2,000 IRS tax credit can help pay for college in 2026, but there's an income catchTaxpayers pursuing education may benefit from the Lifetime Learning Credit for eligible expenses incurred. This credit covers 20% of up to ...09 Oct, 2026, 08.39 PM IST
- Paying off student loans? Deduct up to $2,500 in interest on your 2026 return, but watch the income limits that could cut it off earlyStudent loan borrowers may get a valuable tax break in 2026. The IRS still allows eligible taxpayers to deduct up to $2,500 in student loan...08 Oct, 2026, 11.35 PM IST
- GST Council Meeting 2026: Tax officers' arrest powers scrapped, prosecution threshold raised to Rs 5 crore; no rate changesGST Council Meeting 2026: The GST Council concluded that existing GST rates would remain unchanged. It further removed arrest authorities f...08 Oct, 2026, 06.22 PM IST
- ‘Mar-a-Lago face’: Susan Dell, wife of Dell CEO, goes viral after White House appearance with TrumpSusan Dell and President Donald Trump recently appeared to promote Trump Accounts, providing investment funds for children. The initiative ...08 Oct, 2026, 04.29 PM IST
- RBI rate hike will not stem outflows, leaving central bank in a bindIndia’s first RBI rate hike in four years may not stop record capital outflows or ease pressure on the rupee, which has fallen 7% this year...08 Oct, 2026, 01.40 PM IST
- India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing businessIndia's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and...08 Oct, 2026, 12.29 PM IST
- GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...08 Oct, 2026, 12.25 PM IST
- Royal Mail announces up to 2,500 job cutsRoyal Mail is set to reduce its workforce by as many as 2,500 positions over the upcoming year as part of a significant organizational tran...07 Oct, 2026, 09.08 PM IST
- Donald Trump is considering an 18.4-cent gas tax cut, but will the savings reach your wallet?Trump’s proposal could offer some relief as prices climb. But the savings would likely be modest. Drivers may save a few dollars each time ...07 Oct, 2026, 06.28 PM IST
- Tax credit vs deduction in 2026: How a $20,000 credit could cut a $50,000 tax bill to $30,000IRS tax credit and deduction explained: A tax credit and a tax deduction can both lower your tax burden, but they work differently. Here’s ...07 Oct, 2026, 04.44 AM IST
- Proposal to scrap GST officers' arrest powers based on 'trust'; states likely to back move: SourcesThe 57th meeting of the GST Council, to be chaired by Union Finance Minister Nirmala Sitharaman and comprising state finance ministers, wil...06 Oct, 2026, 06.55 PM IST
- Google cofounder Sergey Brin bets $102 million to dodge a $13 billion tax bill as California billionaires head for the exitSergey Brin has committed $102 million against a proposed one-time tax on California billionaires. This tax could potentially cost him arou...06 Oct, 2026, 06.31 PM IST
- India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...05 Oct, 2026, 12.38 PM IST
- Sell your stocks too soon and you may pay more: How long you hold an asset changes your 2026 Capital Gains Tax, and timing matters hereThe baseline for tax planning in 2026 relies on shifting retirement contribution limits. The IRS adjusted these thresholds, altering the ca...03 Oct, 2026, 07.00 PM IST
- India steps up palm oil buying as tax cut spurs restockingIndia is increasing its palm oil imports after reducing import duties, prompting refiners to restock. More than 200,000 tons of crude palm ...01 Oct, 2026, 02.37 PM IST
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