Latest Updates
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.
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.
Taxman Now Uses AI To Spy On Social Media: Are You At Risk?
Taxman Now Uses AI To Spy On Social Media: Are You At Risk? Around the world, governments are using artificial intelligence to monitor social media for tax evasion. From the UK’s HMRC to India’s proposed Income Tax Bill, tax agencies are digging into digital footprints. Learn how it works, what it means for freelancers and small business owners, and the steps you can take to stay compliant in this in-depth guide.
Greek PM Rules Out Snap Polls: Says Families To Gain From Big Tax Cuts
Greek PM Kyriakos Mitsotakis ruled out early elections until 2027 while announcing a €1.6 billion tax-cut package for families. The plan slashes income taxes, exempts young workers and large families, and provides rural tax relief. Designed to address high living costs and Greece’s shrinking population, the strategy balances fiscal responsibility with family support. This article unpacks the policy, compares it with U.S. family tax credits, and explores global lessons.
Will the 2026 Tax Season Be Delayed? IRS Commissioner Hints at Change
The 2026 tax season may start later than usual, with the IRS Commissioner hinting at a mid-February opening—the latest since 2021. Staffing shortages, new tax laws, and outdated systems raise the risk of delays in processing and refunds. While the IRS hasn’t officially confirmed the date, taxpayers should prepare early, e-file, and monitor IRS.gov for updates. Here’s your complete guide to staying ahead of the game.
ED Raids BPTP Offices Across Delhi-NCR in Alleged ₹500 Crore FEMA Violation
The Enforcement Directorate’s recent raids on BPTP offices across Delhi-NCR over alleged ₹500 crore FEMA violations have rocked India’s real estate sector. With accusations of improper foreign investments, undisclosed assets, and multiple FIRs, the case highlights the importance of compliance, transparency, and accountability in cross-border funding. This article explains the case, lessons for businesses, global comparisons, and the potential impact on homebuyers and investors.
