Major Tax Changes Loom as Key Provisions of the Tax Cuts and Jobs Act Set to Expire in 2025
Washington, D.C. —With the 2025 deadline for many of the provisions of the Tax Cuts and Jobs Act (TCJA) fast approaching, taxpayers, policymakers, and financial professionals are gearing up for…
Kenya’s Cabinet Approves New Tax Treaty with Singapore
Kenya – February 14, 2025: The Kenyan stargather-up has granted approval to a new tax treaty with the Southeast Asian nation for purposes of enhancing trade and investment ties between…
U.S. Declines OECD Global Tax Agreement, Sparking New Policy Concerns
U.S global tax and trade policy may be significantly altered by a pair of executive orders the White House issued on Jan. 20, 2025. The first executive order repudiates the…
Breaking News: US Tariff Hike Shakes Global Markets
The US government’s recent decision to increase taxes on steel and aluminium imports by 25% has shaken global financial markets, with the tariffs leading to stock market volatility. The move,…
Income Tax Reduction in Budget 2025-26
Finance Minister Nirmala Sitharaman has announced tax relief by increasing the income tax slab to ₹14,800. This change will benefit the middle class by reducing their taxable income. The increase…
Experts Warn That Raising Tariffs in the U.S. Is a Major Mistake
While continuing debates about potential tariff increases on imported goods, many businesses throughout the world are taking action to store materials and finished products in the hopes of avoiding future…
Breaking: Government Introduces New Income Tax Guidelines — Income Up to ₹12 Lakh is Tax-Free
The Union Budget 2025, presented by the Finance Minister, has introduced significant changes in the income tax structure and TDS/TCS (Tax Deducted at Source / Tax Collected at Source) rules.…
President Donald Trump Proposes Eliminating Income Tax, Replacing It with Tariffs
President Donald Trump has reportedly referred to a complete overhaul of the American tax system that would do away with federal income taxes and replace them with duties on imports.…
United states Steps Away from Global Tax Deal: Read Key Details What Donald Trump says
The official announcement of the United States’ withdrawal from the OECD global tax accord was made by President Donald Trump on January 20, 2025. In order to prevent multinational corporations…
The World Economic Forum, Trump Introduces His Economic Plan and Historic Tax Cuts
At the World Economic Forum (WEF) in Davos, President Donald Trump gave a historic speech outlining his administration’s ambitious ambitions of implementing the biggest tax cuts in American history. This…