Shutdown enters Day 4 in US: How much is it costing taxpayers per day? Total bill hits $1.2 billion

The ongoing US government shutdown is costing taxpayers an estimated $400 million per day in wages for federal employees who are not currently working, according to data from the Congressional Budget Office (CBO) released by the office of Sen. Joni Ernst (R-Iowa). As of Friday, the total cost has reached approximately $1.2 billion.“Schumer’s Shutdown Shenanigans […]

I-T drive to target tax evasion in joint deals | India News

NEW DELHI: The income tax department is set to launch a drive to nudge people who entered into joint development agreements, but didn’t pay capital gains, to deposit the requisite tax. In Kolkata and Bengaluru alone, there are 25,000 to 30,000 such entities have been identified, said sources.Joint development agreements — a deal between real […]