Search For "tax cut"
Trump urges GOP to override Senate parliamentarian on key bill provisions
Updated : 11 months ago IST
President Trump urged Senate Republicans to overrule the parliamentarian after she blocked key parts of his policy bill, including Medicaid cuts. Backed by GOP hardliners, Trump seeks to push his "One Big Beautiful Bill" through before July 4, despite procedural hurdles and Democratic resist
Read More
Lower wage growth impacting consumption; tax cuts and rate cuts tools to s
Updated : 12 months ago IST
Weakening wage and job growth cycle is impacting consumption sentiment, and tax cuts and rate cuts will help accelerate momentum, according to the ICICI Bank Global Markets report.
Read More
Canada unveils tax relief for middle class, reduces income tax rate to 14%
Updated : 1 year ago IST
Following the unveiling of a new cabinet, Canada has announced a significant personal income tax cut as one of the government's top legislative priorities for the new parliamentary session. The proposal will see the lowest marginal personal income tax rate reduced from 15 per cent to 14 p
Read More
Trump pushes for "one big beautiful bill", says "USA will soar like never
Updated : 1 year, 1 month ago IST
Trump on Wednesday pushed for a "one big beautiful bill" and told fellow Republicans "it is more important now than ever."
Read More
US tariffs have mixed fiscal impact, will not solve underlying challenges:
Updated : 1 year, 1 month ago IST
Tariff revenues will help narrow the US budget deficit in 2025, but the hit to economic growth and additional tax cuts are likely to limit the size of any lasting fiscal benefit, Fitch Ratings said in a report.
Read More
Johnson & Johnson increases US investment to more than USD 55 billion
Updated : 1 year, 2 months ago IST
According to Johnson and Johnson's statement, this represents a 25 per cent increase in investment compared to the previous four years and builds upon the Company's already elevated US investment levels resulting from the passage of the 2017 Tax Cuts & Jobs Act.
Read More
Quick commerce sector to benefit most from tax rebates as higher disposabl
Updated : 1 year, 2 months ago IST
The quick commerce sector will be a key beneficiary of the income tax cut announced in the Union Budget 2025, as it will trigger strong consumption growth among middle-class consumers, an ICICI Securities report anticipated.
Read More
Increased disposable income after tax cut to push quick-service restaurant
Updated : 1 year, 2 months ago IST
The increased disposable income after the rate cut announcements in the Union Budget 2025 will push the sales growth of the quick-service restaurant (QSR) sector from the first quarter of Financial Year 2026, Goldman Sachs said in a report.
Read More
Chidambaram says 11 pc tax growth unlikely with tax cuts as RS takes up bu
Updated : 1 year, 3 months ago IST
Rajya Sabha on Monday took up discussion on the Union Budget with senior Congress leader and former Finance Minister P Chidambaram slamming Union Budget 2024-25 saying that tax proposals not only benefit the middle class but also the rich and richest.
Read More
Despite income tax cuts, India on track for fiscal consolidation: S&P
Updated : 1 year, 3 months ago IST
Finance minister Nirmala Sitharaman on Saturday announced zero tax on income of up to Rs 12 lakh. The union government will forego a revenue of Rs 1 lakh cr because of this cut.
Read More
Income tax cuts in union budget to boost 2-wheeler and passenger vehicle s
Updated : 1 year, 3 months ago IST
Union Budget raising the income tax exemption limit to Rs 12 lakh is expected to give a big boost to the demand of 2-wheelers (2Ws) and passenger vehicles (PVs) according to a report by the global brokerage firm Jefferies.
Read More
EV Industry eyes tax cuts, financial boosts, and infra upgrades in Union B
Updated : 1 year, 4 months ago IST
As the Union government gears for the Union Budget 2025-26, players in electric Vehicles (EVs) have urged Finance Minister Nirmala Sitharaman to introduce transformative reforms that enhance affordability, infrastructure, and innovation in the sector to tackle both manufacturing and consumer
Read More