Tax cuts

Netizens welcomed the major overhaul of the GST tax regime, which the Union government referred to as a ‘Diwali gift’ and said was a “very badly needed reform”. However, several …

The International Monetary Fund (IMF) has sounded alarms about Trump’s new tax bill, warning it could blow up America’s deficit by $4 trillion over ten years. The legislation extends Trump’s …

House Republican leaders are racing toward a Wednesday vote on President Donald Trump’s tax and spending cuts package, aiming to capitalise on Senate momentum while pressuring members to fall in …

The Senate parliamentarian delivered a crucial setback to Republicans on Thursday, ruling that a core Medicaid provider tax overhaul in President Donald Trump’s sweeping tax-and-spending bill violates Senate procedural rules. …

After nearly a week of mudslinging and online sparring, Elon Musk has backtracked on his attacks against Donald Trump, softening his stance on the United States president,  hinting at a …

The world’s richest man and former DOGE head, Elon Musk, recently called out US President Donald Trump’s ‘big beautiful bill’, asserting that it would raise the budget deficit to $2.5 …

In a rare weekend breakthrough for US President Donald Trump and House Speaker Mike Johnson, a key congressional committee on Sunday (May 18) advanced Trump’s sweeping tax-cut bill, ending a …