HIRE Act 2025: Proposal of 25% tax on companies for hiring foreign workers; how will it impact India?

[ad_1] HIRE Act proposes 25% tax on companies for hiring foreign workers. Amid MAGA talks of taxing companies for hiring foreign workers or banning them from hiring Indians, senator Bernie Moreno (R-Ohio) has introduced the HIRE Act (Halting International Relocation of Employment), vowing protection of American workers from jobs getting outsourced by US companies. The […]

David Lammy takes over as UK deputy PM: Tax row prompts cabinet reshuffle; Tax Yvette Cooper become foreign secretary

[ad_1] David Lammy, left, and Yvette Cooper British prime minister Keir Starmer on Friday appointed foreign secretary David Lammy as deputy prime ninister in a major cabinet reshuffle following the resignation of Angela Rayner over a tax underpayment controversy.Lammy, 53, will also take on the role of justice secretary. As part of the reshuffle, home […]

David Lammy takes over as UK deputy PM: Tax row prompts cabinet reshuffle; Yvette Cooper becomes foreign minister

[ad_1] David Lammy, left, and Yvette Cooper British prime minister Keir Starmer on Friday appointed foreign minister David Lammy as deputy prime minister in a major cabinet reshuffle following the resignation of Angela Rayner over a tax underpayment controversy.Lammy, 53, will also take on the role of justice secretary. As part of the reshuffle, home […]

David Lammy takes over as UK deputy PM: Tax row prompts cabinet reshuffle; Yvette Cooper becomes foreign minister

[ad_1] David Lammy, left, and Yvette Cooper British prime minister Keir Starmer on Friday appointed foreign minister David Lammy as deputy prime minister in a major cabinet reshuffle following the resignation of Angela Rayner over a tax underpayment controversy.Lammy, 53, will also take on the role of justice secretary. As part of the reshuffle, home […]

UAE clarifies new corporate tax rules for free zones: What Businesses need to know now | World News

[ad_1] UAE Free Zones offer tax breaks, full foreign ownership, and sector-specific benefits, playing a key role in the country’s economic growth/ Image: UAE Ministry of Finance The UAE has introduced two new ministerial decisions aimed at clarifying how corporate tax rules apply to Free Zone businesses, providing much-needed precision on qualifying activities and acceptable […]

‘Tariff foreign remote workers’: Is Peter Navarro supporting ‘outsourcing tax’ after ‘profiteering Brahmins’ remark?

[ad_1] Peter Navarro shared Jack Poso’s post calling for imposing tax on foreign remote workers. US President Donald Trump’s trade adviser Peter Navarro has shared a post by Conservative commentator Jack Poso in which Poso called for tariffing foreign remote workers. Navarro is in the middle of a major row owing to his consecutive statements […]

‘No tax on tips’: Streamers and influencers included in the US Act; mid-level creators benefit

[ad_1] Digital content creators, including streamers and influencers, will be able to claim tax deductions on the tips they earn starting next year. The move comes under Donald Trump’s “no tax on tips” policy, a key campaign promise passed by Congress in July. According to a draft list of eligible jobs, reported by Axios, the […]

Saudi Arabia launches new white land tax zones: Up to 10% fee for key areas in Riyadh | World News

[ad_1] Saudi Arabia has introduced a new white land tax system in Riyadh/Image: File Saudi Arabia has introduced a new white land tax system in Riyadh, setting out four geographic zones with varying fee rates to promote balanced urban growth and curb real estate speculation. The initiative is part of a broader strategy to regulate […]

Company funds used for personal investments: Indian-origin man charged with tax violation in Texas

[ad_1] Indian-origin man, with permanent resident status in the US, charged with tax evasion in Texas. A 43-year-old Indian-origin man, Anil Surabhi, has been charged with a federal tax violation in Texas, the Justice Department said. Anil Surabhi, 43, an Indian citizen with permanent resident status in the United States, was named in an indictment […]

$700,000 from US to India: Indian-origin doctor Krishnaswami Sriram sentenced to 34 months in jail for tax evasion, medical fraud

[ad_1] Krishnan Sriram, Indian-origin doctor, sentenced to 34 months in prison for tax evasion and medical fraud in US. Indian-origin Illinois doctor Krishnaswami Sriram has been sentenced to 34 months in prison for medical fraud and tax evasion. According to the Justice Department, he hid his assets and lied to the IRS about his ability […]