US President Donald Trump on Thursday criticised New York City Mayor Zohran Mamdani over his proposal to increase taxes on wealthy property owners, warning it could harm the city’s economy.In a post on Truth Social, Trump said, “Sadly, Mayor Mamdani is DESTROYING New York! It has no chance! The United States of America should not […]
Udaipur, March 27 (Udaipur Kiran): Udaipur Municipal Corporation carried out a major action on Thursday over pending Urban Development (UD) tax, sealing the registrar offices of BN University and RMV College. Municipal Commissioner Abhishek Khanna said the action was taken due to outstanding UD tax of over ₹30 lakh. The first कार्रवाई was conducted at […]
Kai Trump, the granddaughter of US President Donald Trump, faced criticism after posting a video on her YouTube channel showing a visit to a high-end grocery store in Los Angeles.In the video, the 18-year-old documented a shopping trip to Erewhon Market, a luxury supermarket known for its high prices and specialty products. The vlog was […]
As Amazon has come forward and announced that it would allow its H-1B employees stuck in India to work remotely, experts warned that US businesses risk hefty tax bills if they allow workers this option, as no one knows how long the delay may take. Thousands of H-1B workers are stuck in India since November […]
A row erupted after an Indian-origin federal judge blocked the Trump administration from freezing billions of dollars in child care and social services funding, with MAGA base accusing the judge of forcing taxpayers to keep paying money tied to “fraud.“Tesla boss Elon Musk weighed in and attacked US District Judge Arun Subramanian, calling the situation […]
(AI image generated using ChatGPT) China has begun taxing condoms and other contraceptives, ending a three-decade exemption as the government intensifies efforts to reverse a deepening demographic decline. From January 1, condoms and contraceptive pills are subject to a 13% value-added tax, the standard rate applied to most consumer goods, according to Reuters.The move marks […]
Pakistan traders threaten countrywide shutdown over mandatory billing machines ISLAMABAD: Traders across Pakistan have threatened a nationwide shutdown on January 16 if the government does not withdraw its decision to make the installation of Point of Sale (POS) machines mandatory, warning that the move would further burden small businesses and open new avenues for harassment […]
Starting January 1, 2026, Saudi Arabia taxes sweetened beverages by sugar content, using four-tier system/Representative Image Imagine reaching for your favorite soda next week and noticing the price is higher than usual. That’s because Saudi Arabia is introducing a new four-tier excise tax on sweetened beverages starting January 1, replacing the old flat 50 percent […]
Indian-origin Democratic Congressman Ro Khanna who represents part of Silicon Valley doubled down on the proposed wealthy tax or billionaire tax and mocked reports that Peter Thiel, Larry Page would move out of California if they have to pay extra money. “I will miss them very much,” Khanna said mockingly, echoing President Franklin Roosevelt. The […]
Entrepreneur and investor Chamath Palihapitiya has warned that California is facing a deepening political and fiscal crisis as major founders and companies continue to leave the state. In a widely circulated post, Palihapitiya argued that the departures have already cost California tens of billions of dollars in lost tax revenue, with the total potentially rising […]
