US President Donald Trump (left) and Canadian PM Mark Carney (AP) US President Donald Trump came down hard on Canada over its decision to impose a Digital Services Tax (DST) on American technology companies, calling it a “direct and blatant attack” on the United States. In a post on his social media platform Truth Social, […]
Harmeet Dhillon threatens probe against Zohran Mamdani’s ‘tax the whites’ proposal. Assistant Attorney General for Civil Rights Harmeet Dhillon threatened to investigate Zohran Mamdani over his proposal to tax ‘whiter neighborhoods’ in NYC if he becomes the mayor. “Racial discrimination is illegal in the United States – period. Full stop! The illegal discriminatory scheme described […]
GOP tax bill would ease regulations on gun silencers and some rifles and shotguns (Image: AP) WASHINGTON: The massive tax and spending cuts package that President Donald Trump wants on his desk by July 4 would loosen regulations on gun silencers and certain types of rifles and shotguns, advancing a long time priority of the […]
Pakistan’s tax exemptions to various sectors cost the country over $21 billion this year, more than the $17 billion it needs to repay in commercial and bilateral external debt, as revealed in the latest economic survey.Pakistan’s finance minister Muhammad Aurangzeb presented the Economic Survey of Pakistan 2024-25 on Monday, which outlines various economic developments and […]
WASHINGTON: With an uncharacteristically feistiness, speaker Mike Johnson took clear sides Sunday in President Trump’s breakup with billionaire Elon Musk.The Republican House leader and staunch Trump ally said Musk’s criticism of GOP’s massive tax and budget policy bill will not derail the measure, and he downplayed Musk’s influence over GOP-controlled Congress. “I didn’t go out […]
President Donald Trump is facing mounting resistance from Republican senators, financial markets, economists, and even Elon Musk, over his multitrillion-dollar tax cut plan, which critics say could explode the national debt and rattle an already wary economy.The House recently passed Trump’s proposed tax and spending cuts, but analysts say they would add over $5 trillion […]
The Republican senate of the US has unanimously passed the “no tax on tips” bill on Tuesday. Surprisingly, the “no tax on tips” provision has received unanimous bipartisan acceptance. The proposed bill rule aims to remove federal income taxes on tips. ‘No tax on tip’, what is it? It was initially introduced by Republican senator […]
In its first major policy decision, the newly elected Mark Carney government has announced a reduction in federal income tax rates—offering relief to over 22 million Canadians.This includes a significant number of Indian immigrants living and working in Canada, many of whom fall within the income brackets that will see direct benefits from the change.What […]
Kevin O’Leary slams Donald Trump’s tax bill as ‘war on small business’ (Picture credit: AP, ANI) Investor and entrepreneur Kevin O’Leary has come out swinging against US President Donald Trump’s proposed tax plan, labelling a key portion of it as “anti-American” and a direct attack on small businesses.Speaking on Fox Business’s Varney & Co. Tuesday, […]
