The new domestic policy law rewrites tax rules for the hundreds of billions of dollars Americans legally wager each year. A Nevada lawmaker has introduced a bill to overturn that provision. Source link
Sri Lankan exporters have expressed concern over a proposed 30 per cent tariff on goods entering the US, warning that the hike could severely impact key export sectors including apparel and rubber products.The Exporters Association of Sri Lanka (EASL) on Friday urged the government to step up negotiations with Washington ahead of the August 1…
The company has invoked the murder of an executive last year to complain about coverage in news outlets, on streaming services and on social media. Source link
India will begin domestic production of rare earth magnets in Hyderabad in a bid to reduce reliance on Chinese imports and strengthen its position in critical technology manufacturing, Union Coal and Mines minister G Kishan Reddy said on Saturday.Speaking to ANI, Reddy said the Centre has tasked the National Institute for Transforming Science and Materials…
Consumer goods firms, retailers, e-commerce platforms and logistics companies have increased their recruitment targets by 20-25% compared to the previous year for the upcoming festive period, anticipating robust sales recovery, according to a senior executives and recruitment specialists.The majority of these positions will be filled by temporary and gig workers, with a major e-commerce marketplace…
The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals. Source link
NEW DELHI: The ministry of roads has implemented stricter qualification requirements for bidding on road projects under hybrid annuity model (HAM) and engineering, construction and procurement (EPC) mode. These enhanced criteria aim to ensure superior construction quality of highways and expressways whilst securing timely project completion.The revised guidelines, detailed in a circular from the ministry…
Air India plane crash: The preliminary report on the Air India Flight AI171 crash has found that both engines of the Boeing 787-8 Dreamliner lost power just three seconds after takeoff from Ahmedabad due to a brief but sudden cutoff in fuel supply. The unexpected engine shutdown led to the accident that killed 260 people,…
NEW DELHI: The GST Council, which will meet shortly, is expected to comprehensively review the eight-year-old regime focused on reducing tax on several consumer-focused items in the 12% bracket as well as lowering the burden on items such as air conditioners, which are in the top bracket.Besides, with the compensation cess – money released to…
