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TAX INCENTIVES FOR PRIVATE EMPLOYERS
H-1B workers get relief as US court scraps $100,000 fee; employers may accelerate filingsA US federal judge struck down the $100,000 fee for fresh H-1B petitions, deeming it an unlawful tax. This ruling could encourage more appl...
Assam govt, EU delegation welcome successful launch of Blue Valley ClusterAssam and the European Union have launched the Blue Valley Cluster in Guwahati. This initiative focuses on Flavours, Fragrance and AYUSH se...
India's gold tariff hike fuels smuggling revival, squeezes banks and refinersIndia's decision to raise gold import duties to 15% is triggering a fresh surge in smuggling, as illegal operators exploit a widening price...
8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revisionRetired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and...
Infineon taps CDIL, Kaynes to strengthen India chip collabGerman chipmaker Infineon Technologies is expanding its engagement with India's semiconductor manufacturing ecosystem by partnering with CD...
Jobs outlook may cool down in Sept quarter amid economic woesIndia's employment outlook is set to soften in July-September 2026, with 59% of employers anticipating hiring increases, down from 74% in t...
UAE simplifies work permit system, expands categories to 13The UAE's Ministry of Human Resources and Emiratisation has introduced new work permit reforms. These changes aim to accelerate hiring and ...
Uzbekistan can provide more incentives to Indian pharma firms, aims to become regional hub for supplyUzbekistan is inviting Indian drug companies to invest more. They are offering better subsidies and technology help. This aims to make Uzbe...
Car discounts June 2026: Hyundai, Maruti Suzuki and Tata Motors roll out offers worth up to Rs 2.15 LakhMajor automakers like Hyundai, Maruti Suzuki, and Tata Motors are offering significant discounts and benefits on select car models througho...
Bhutan to give cash incentives to families for more babiesBhutan is facing a population decline and is introducing financial incentives for families. Starting June 4, 2026, parents will receive mon...
US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
Talent fight heats up in India finance hub as two chiefs quitGIFT City, India's international finance hub, is experiencing intense competition for talent as two foreign bank chiefs have recently resig...
Waiting for Form 16? Here’s when employers may issue it for AY 2026-27 ITR filingSalaried employees await Form 16 for Assessment Year 2026-2027. Employers must issue this crucial tax document by June 15, 2026. This form ...
US private sector hiring beats expectations in May: ADPEmployment in the US private sector grew more than expected in May, payroll firm ADP said Wednesday, with hiring seen across a range of ind...
West Bengal government holds pre-budget talks with industry bodies'West Bengal's finance department met with industry leaders for pre-budget consultations. Stakeholders presented proposals to boost investme...
Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...
Mutual Fund PMS vs direct mutual funds: Why the smarter option may not be the more expensive oneIf you’re considering mutual fund portfolio management services (MF-PMS), ask three questions. First, can the manager show post-fee returns...
Private investment, not West Asia crisis, is India's growth challenge: Surjit BhallaEconomist Surjit Bhalla states weak private investment is hindering India's economic growth. He believes strong GDP numbers earlier were mi...
India eyes fiscal support for domestic EV battery supply chainIndia is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...
Amazon invested $20 billion in UK in 2025Amazon invested over £15 billion in Britain in 2025, aligning with its $20 billion three-year investment plan through 2027. This spending s...