Federal Tax Policy
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World's 4th Richest Man Jeff Bezos Calls For Zero Income Tax On Low Earners
With an estimated net worth of $267.3 billion, Bezos said the income tax paid by lower earners was a 'small amount of money' for the government.
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US National Debt Surpasses Record $39 Trillion Amid Iran War
The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the US-Israeli war in Iran.
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US Court Allows Trump To Keep Collecting Tariffs Amid Challenges
A federal appeals court agreed on Tuesday to let the government keep collecting President Donald Trump's sweeping import taxes while challenges to his signature trade policy continue on appeal.
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The Trump-Elon Feud Timeline: Best Buddies Broadcast Their Breakup
President Donald Trump and Elon Musk, who just last week stood together in the Oval Office to proclaim their lasting friendship, traded barbs and insults in real time on Thursday.
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Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
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Rahul Gandhi Slams PM Modi's "Blame States" Policy, Cites Examples
Congress leader Rahul Gandhi today hit out at Prime Minister Narendra Modi, saying his federalism is "not cooperative but coercive".
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Strict GST Policies Hurting Automotive Dealers In India; FADA
The Federation Of Automobile Dealers Association or FADA, has requested the GST Council of India to charge interest on the Gross Value instead of the net Input Tax Credit Value.
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GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform
On the completion of one year of the rolling out of the GST plan, the government is to celebrate GST Day today at the Ambedkar International Centre to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Finance Ministry said the first year has been...
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At A White House In Crisis, Donald Trump Looks Increasingly Isolated
In the Trump White House, it's getting lonely at the top. President Donald Trump's fellow Republicans in Congress are showing signs of going their own way, both on politics and policy, determined to salvage what they can of their agenda on healthcare and tax reform in the wake of one of the most difficult weeks of any American presidency.
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Donald Trump Vows 'Phenomenal' Tax Announcement, Offers No Details
US President Donald Trump plans to announce the most ambitious tax reform plan since the Reagan era in the next few weeks, the White House said on Thursday, sending stock prices and the dollar higher on hopes for a cut in corporate tax rates.
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All Americans Would Pay Some Income Tax Under Republican Bobby Jindal's Plan: Report
Louisiana Governor Bobby Jindal, trying to revive his ailing Republican presidential bid, will unveil a tax plan on Wednesday whose goal is to make all citizens pay at least some federal income taxes, the Wall Street Journal reported today.
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World's 4th Richest Man Jeff Bezos Calls For Zero Income Tax On Low Earners
With an estimated net worth of $267.3 billion, Bezos said the income tax paid by lower earners was a 'small amount of money' for the government.
-
US National Debt Surpasses Record $39 Trillion Amid Iran War
The national debt surpassed a record $39 trillion on Wednesday, a milestone that comes just weeks into the US-Israeli war in Iran.
-
US Court Allows Trump To Keep Collecting Tariffs Amid Challenges
A federal appeals court agreed on Tuesday to let the government keep collecting President Donald Trump's sweeping import taxes while challenges to his signature trade policy continue on appeal.
-
The Trump-Elon Feud Timeline: Best Buddies Broadcast Their Breakup
President Donald Trump and Elon Musk, who just last week stood together in the Oval Office to proclaim their lasting friendship, traded barbs and insults in real time on Thursday.
-
Maharashtra Scraps Six Percent EV Tax Plan to Boost Adoption
Maharashtra has dropped a 6 percent sales tax proposal on EVs priced above $35,000 (roughly Rs. 30 lakh) to boost adoption in India, where EV sales remain low at 2 percent of four million cars sold last year. Chief Minister Devendra Fadnavis cited unnecessary disincentivisation, while the federal goal aims for 30 percent EV adoption by 2030.
-
Rahul Gandhi Slams PM Modi's "Blame States" Policy, Cites Examples
Congress leader Rahul Gandhi today hit out at Prime Minister Narendra Modi, saying his federalism is "not cooperative but coercive".
-
Strict GST Policies Hurting Automotive Dealers In India; FADA
The Federation Of Automobile Dealers Association or FADA, has requested the GST Council of India to charge interest on the Gross Value instead of the net Input Tax Credit Value.
-
GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform
On the completion of one year of the rolling out of the GST plan, the government is to celebrate GST Day today at the Ambedkar International Centre to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Finance Ministry said the first year has been...
-
At A White House In Crisis, Donald Trump Looks Increasingly Isolated
In the Trump White House, it's getting lonely at the top. President Donald Trump's fellow Republicans in Congress are showing signs of going their own way, both on politics and policy, determined to salvage what they can of their agenda on healthcare and tax reform in the wake of one of the most difficult weeks of any American presidency.
-
Donald Trump Vows 'Phenomenal' Tax Announcement, Offers No Details
US President Donald Trump plans to announce the most ambitious tax reform plan since the Reagan era in the next few weeks, the White House said on Thursday, sending stock prices and the dollar higher on hopes for a cut in corporate tax rates.
-
All Americans Would Pay Some Income Tax Under Republican Bobby Jindal's Plan: Report
Louisiana Governor Bobby Jindal, trying to revive his ailing Republican presidential bid, will unveil a tax plan on Wednesday whose goal is to make all citizens pay at least some federal income taxes, the Wall Street Journal reported today.
