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TAX SYSTEM OVERSIGHT
A new ICE facility in US could speed up deportations for families and kidsThe Trump administration is establishing a new 528-bed facility in Alexandria, Louisiana, to expedite migrant deportations. This "staging a...- From OpenAI to Sarvam, governments may want skin in the AI gameGovernments are exploring ownership stakes in leading AI firms like OpenAI and Sarvam AI, signaling a shift in viewing artificial intellige...
- India's AI boom cannot ignore its water crunchIndia's AI growth risks exacerbating severe water stress as data centers, crucial for AI infrastructure, consume vast amounts of water. Cit...
- NSE flags regulatory, tech, AI, derivatives concentration risks in IPO papersThe National Stock Exchange raises a red flag regarding substantial financial and operational threats. Emerging regulatory frameworks, tech...
- AI risks are here, time for tough rules: Anthropic CEO Dario AmodeiAs artificial intelligence grows more powerful, governments must move beyond transparency measures and introduce stronger regulations to ad...
- Donald Trump, Bernie Sanders and Sam Altman are all talking about public ownership in AITrump has embraced government investment in private companies in his second term, scrambling his party's politics. His administration last ...
- Trump orders tighter banking scrutiny of undocumented migrants, warns of account seizuresPresident Trump announced an executive order to shut down and seize funds from bank accounts supporting illegal immigration or holding welf...
- Understanding India's evolving crypto discourseIndia is actively shaping its digital asset future. Authorities are implementing stricter rules for crypto platforms and transactions. Tax ...
- Businesses can digitally record 'goods delivered' on e-way bill portal: GSTNGST registered businesses can now digitally close e-way bills upon delivery completion. This new voluntary feature on the GST portal streng...
- Americans could get $1,700 back in a new tax credit; here's who qualifies and how to claim itA new federal education tax credit is putting up to $1,700 back on the table for eligible Americans, and families across the U.S. are start...
- Are you affected? Medicare breach may expose Social Security Numbers — steps to check nowThe Medicare data leak has triggered fresh fears around Social Security number exposure and identity theft across the United States. A publ...
- Govt plans to stick to budgeted capex, exit non-strategic areasIndia plans to keep its capital spending high in FY27 to support economic growth. Officials stated the government will continue its planned...
- Who is Teresa Wallace? CRA reportedly pays out bogus $5 million income tax refund to British Columbia businesswoman; Check how tax authorities responded after erroneous payoutA British Columbia businesswoman, Teresa Wallace, received a staggering $5 million tax refund from the Canada Revenue Agency due to a 'bogu...
- Four-day week, taxes on robots, public wealth fund: OpenAI floats policy ideas for the intelligence ageOpenAI has proposed a four-day, 32-hour workweek without pay cuts as part of sharing AI-driven gains. It suggests better worker benefits, w...
- CAG flags tax irregularities by banks, NBFCsThe audit identified 1,847 observations, including 671 systemic issues and 533 compliance lapses. The largest discrepancies related to impr...
- India monitoring evolving crypto trading to ensure tax compliance, top tax official saysIndia is talking to cryptocurrency exchanges to assess evolving trading activity as it seeks oversight over newer crypto products, accordi...
- Singapore launches SPaN to overhaul national payment systems and boost financial innovationSingapore has established Singapore Payments Network Limited (SPaN), a new not-for-profit entity designed to oversee and streamline the cou...
- Cabinet Secretary puts grievance redressal on top; PMO-style oversight in worksThe Union Cabinet Secretary is pushing ministries to revamp grievance redressal, mirroring the PMO's oversight by senior officers for more ...
- Don't rush in to make angels fear to treadThe startup ecosystem lends itself to systemic risk mitigation better than it does to lowering business risk. Regulators would be well advi...
- From 36 returns a year to 12, GST taxpayers look forward to simplified filing formsIt is believed that, when the single return process rolls out, return filing dates will continue being different based on turnover.
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