Latest Updates
Huge Relief for Homebuyers: Smaller Apartments Now Exempt from GST with Maintenance Charges Below Rs 7,500!
This article explores the recent GST exemption for maintenance charges under Rs 7,500 in smaller apartments. The move provides significant relief for homebuyers, offering clear insights into how the new tax rules work and who qualifies for the exemption. If you live in a smaller apartment, this change could lower your monthly living expenses and simplify your tax obligations.
Trump Tariffs Debate Heats Up As US Treasury Secretary Says They’re Not A Tax On Americans
Trump’s tariffs have sparked fierce debate. Treasury leaders insist they’re not a tax, but evidence shows households already pay more—core goods prices are ~1.9% above trend, and average households could lose ~$2,300 in 2025. Businesses face higher costs, disrupted supply chains, and legal uncertainty. Beyond the short run, tariffs affect innovation, competitiveness, and retirement savings. This article explains the debate, adds overlooked angles, and offers practical advice for consumers and professionals.
US Treasury Secretary Denies Trump Tariffs Are Tax On Americans: Full Statement
The US Treasury Secretary denies Trump tariffs are a tax on Americans, sparking fierce debate across politics, business, and households. While Scott Bessent insists the economy is thriving, companies and consumers argue tariffs quietly raise costs. With the Supreme Court set to decide their legality, the U.S. faces a pivotal moment that could trigger billions in refunds and redefine trade strategy for decades.
Delhi Mahapanchayat On Sept 13 Against UER-II Toll Tax: Farmers Call It Unfair Burden
The Delhi Mahapanchayat on Sept 13 against UER-II toll tax is a landmark protest where farmers and villagers argue that tolls on the new highway are an unfair burden. With ₹235 one-way fees, locals feel squeezed despite losing land for the project decades ago. Their fight mirrors global battles over toll fairness, raising big questions about equity, infrastructure, environment, and community rights.
Britain’s Government Faces Major Shake-Up After Explosive Tax Scandal
Britain’s government is reeling after Deputy Prime Minister Angela Rayner resigned over a £40,000 tax scandal. Prime Minister Keir Starmer responded with a sweeping cabinet reshuffle, placing women in the top three posts for the first time in history. This 1300+ word guide breaks down the scandal, the market fallout, global reactions, and practical lessons for leaders about transparency, accountability, and political trust.
Proposed US Outsourcing Tax Bill May Dent Cost Edge Of Indian IT Giants: What It Means
The proposed U.S. HIRE Act threatens Indian IT giants with a 25% outsourcing tax, cutting into their cost advantage and pressuring margins. With the U.S. contributing more than half of India’s IT revenues, the stakes are high. Although the bill faces political hurdles, the uncertainty alone could delay contracts and slow growth. For both Indian firms and U.S. businesses, adapting with innovation and diversification is now more important than ever.
Greek PM Exposes Chronic EU Farm Subsidy Fraud: What It Means For Farmers
Greek Prime Minister Kyriakos Mitsotakis exposed chronic EU farm subsidy fraud, revealing billions lost through fake claims, phantom farms, and imaginary livestock. The scandal led to EU fines, ministerial resignations, and demands for reform. While honest farmers face reduced funds and stricter oversight, the shake-up could also bring a fairer system. Learn how the fraud unfolded, what it means for Europe’s farming future, and the lessons for global agriculture.
Two Winners Split $1.787 Billion Powerball Jackpot: How Much They Actually Take Home
Two winners from Texas and Missouri split the $1.787 billion Powerball jackpot, the second-largest in history. But after federal and state taxes, their actual take-home drops to $242M–$258M each. This detailed article breaks down payout options, past lottery lessons, and financial strategies for sudden wealth. It also explains how lotteries impact state funding and why Americans can’t resist chasing billion-dollar dreams despite long odds.
Only 7 Days Left To File ITR: Miss It And Pay Up To Rs 5000 Fine
Only 7 days left to file your ITR for FY 2024–25! Miss the September 15, 2025 deadline and face penalties up to ₹5,000 plus interest. This detailed guide explains deadlines, fines, filing steps, belated returns, statistics, and FAQs. Don’t risk delayed refunds or scrutiny—file now at the Income Tax e-Filing Portal and secure your financial future.
HMRC Uses AI To Catch Lifestyle Lies Of Tax Evaders: Full Report
HMRC is now using artificial intelligence to catch “lifestyle lies” of tax evaders by scanning social media posts and comparing them with official income records. Feeding into the Connect database of 55+ billion data points, this system focuses on criminal cases but raises privacy concerns. With tax gaps running into billions, the IRS and other global tax agencies may follow. This article explains how it works, risks, and how to stay compliant.