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Trump Signs 'Big, Beautiful Bill' Into Law. What's Inside
US President Donald Trump signed into law his "One Big Beautiful Bill" at the White House on Friday, "keeping" his campaign promises of extending tax cuts from his first term and boosting military spending.
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B-2 Bombers Roar Over White House As Trump Celebrates US Independence Day
US President Donald Trump signed his flagship tax and spending bill into law Friday, capping a grandiose White House Independence Day ceremony featuring a stealth bomber fly-by.
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Trump Signs Flagship "Big Beautiful Bill" Into Law
U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally.
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Trump Scores Big Victory As 'One Big Beautiful Bill' Clears Congress
US President Donald Trump secured a major political victory when Congress narrowly passed his flagship tax and spending bill, cementing his radical second-term agenda and boosting funds for his anti-immigration drive.
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ITR Filing 2025: What Is The Minimum Income Required To File Income Tax Return In India?
According to Indian tax laws, filing ITR is mandatory only if your income exceeds the basic exemption limit.
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Samsung Ordered to Pay $601 Million in Back Taxes in India, Penalties Over Telecom Imports
India has ordered Samsung to pay $601 million (roughly Rs. 5,149 crore) in back taxes and penalties for dodging import tariffs. The Samsung investigation began in 2021 when tax inspectors searched its offices in the financial capital of Mumbai and Gurugram near New Delhi, seizing documents, emails and some electronic devices.
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Canada Regulator to Impose Fee on Google For Online News Law's Operating Costs
The imposition of the levy on Google comes at a time of increased tension between Canada and the United States over trade, border security, and a digital services tax on US technology firms.
-
SEBI Said to be Seeking Greater Access to Social Media Records
SEBI is seeking broader powers from the government to remove unauthorised financial advice from social media platforms. This is the second time since 2022 that the Securities and Exchange Board of India has sought such powers, with approval from the government still pending.
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Budget 2025: Nirmala Sitharaman Says Will Introduce New Income Tax Bill Next Week
A new income tax bill - a direct tax code meant to simplify compliance for individual taxpayers - will be introduced next week, Finance Minister Nirmala Sitharaman said Saturday as she presented the Union Budget 2025.
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What Is Direct Tax Code And How It Is Different From Income Tax Act, 1961
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon.
-
Top Tax Authority CBDT Forms Panel To Review Income Tax Law
An internal committee of the Income Tax Department will review the 1961 direct tax law to eliminate redundant clauses as well as adopt best global practices to simplify it for taxpayers for better compliance, CBDT chief Ravi Agrawal has said.
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South Korea Implements Legal Framework to Protect Crypto Community Against Financial Risks: All Details
South Korea has deployed a list of rules to be followed by crypto companies. This legal framework is aimed at controlling and eventually curbing the exploit of crypto assets for illicit activities like money laundering and terror financing.
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Reducing 1 Percent TDS on Crypto Transactions Can Fetch Over Rs. 5,000 Crore for India by 2027: Report
India could fetch Rs. 5,144 crores through capital gains in the next three years by 2026 – only if India revises its crypto laws. The finding was published in a policy paper compiled by the Centre for Tax Laws, Hyderabad-based NALSAR University of Law, and some individual members of the Indian crypto community.
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Crypto Exchanges in South Korea Said to Re-Examine Over 600 Tokens Listed for Trade
In the coming days, over 600 cryptocurrencies will reportedly be re-examined by exchanges in South Korea to see whether they meet the regulatory standards laid out by Seoul. The crypto tokens that fail to meet the regulatory standards will be delisted by exchanges, as per the report. The exchanges are said to provide information about the same to t...
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Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
-
Trump Signs 'Big, Beautiful Bill' Into Law. What's Inside
US President Donald Trump signed into law his "One Big Beautiful Bill" at the White House on Friday, "keeping" his campaign promises of extending tax cuts from his first term and boosting military spending.
-
B-2 Bombers Roar Over White House As Trump Celebrates US Independence Day
US President Donald Trump signed his flagship tax and spending bill into law Friday, capping a grandiose White House Independence Day ceremony featuring a stealth bomber fly-by.
-
Trump Signs Flagship "Big Beautiful Bill" Into Law
U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally.
-
Trump Scores Big Victory As 'One Big Beautiful Bill' Clears Congress
US President Donald Trump secured a major political victory when Congress narrowly passed his flagship tax and spending bill, cementing his radical second-term agenda and boosting funds for his anti-immigration drive.
-
ITR Filing 2025: What Is The Minimum Income Required To File Income Tax Return In India?
According to Indian tax laws, filing ITR is mandatory only if your income exceeds the basic exemption limit.
-
Samsung Ordered to Pay $601 Million in Back Taxes in India, Penalties Over Telecom Imports
India has ordered Samsung to pay $601 million (roughly Rs. 5,149 crore) in back taxes and penalties for dodging import tariffs. The Samsung investigation began in 2021 when tax inspectors searched its offices in the financial capital of Mumbai and Gurugram near New Delhi, seizing documents, emails and some electronic devices.
-
Canada Regulator to Impose Fee on Google For Online News Law's Operating Costs
The imposition of the levy on Google comes at a time of increased tension between Canada and the United States over trade, border security, and a digital services tax on US technology firms.
-
SEBI Said to be Seeking Greater Access to Social Media Records
SEBI is seeking broader powers from the government to remove unauthorised financial advice from social media platforms. This is the second time since 2022 that the Securities and Exchange Board of India has sought such powers, with approval from the government still pending.
-
Budget 2025: Nirmala Sitharaman Says Will Introduce New Income Tax Bill Next Week
A new income tax bill - a direct tax code meant to simplify compliance for individual taxpayers - will be introduced next week, Finance Minister Nirmala Sitharaman said Saturday as she presented the Union Budget 2025.
-
What Is Direct Tax Code And How It Is Different From Income Tax Act, 1961
A set of new tax laws called the Direct Tax Code is likely to simplify compliance for taxpayers soon.
-
Top Tax Authority CBDT Forms Panel To Review Income Tax Law
An internal committee of the Income Tax Department will review the 1961 direct tax law to eliminate redundant clauses as well as adopt best global practices to simplify it for taxpayers for better compliance, CBDT chief Ravi Agrawal has said.
-
South Korea Implements Legal Framework to Protect Crypto Community Against Financial Risks: All Details
South Korea has deployed a list of rules to be followed by crypto companies. This legal framework is aimed at controlling and eventually curbing the exploit of crypto assets for illicit activities like money laundering and terror financing.
-
Reducing 1 Percent TDS on Crypto Transactions Can Fetch Over Rs. 5,000 Crore for India by 2027: Report
India could fetch Rs. 5,144 crores through capital gains in the next three years by 2026 – only if India revises its crypto laws. The finding was published in a policy paper compiled by the Centre for Tax Laws, Hyderabad-based NALSAR University of Law, and some individual members of the Indian crypto community.
-
Crypto Exchanges in South Korea Said to Re-Examine Over 600 Tokens Listed for Trade
In the coming days, over 600 cryptocurrencies will reportedly be re-examined by exchanges in South Korea to see whether they meet the regulatory standards laid out by Seoul. The crypto tokens that fail to meet the regulatory standards will be delisted by exchanges, as per the report. The exchanges are said to provide information about the same to t...
-
Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
