Hawaii lawmakers have approved groundbreaking legislation aimed at protecting the environment and boosting climate resilience, and it’s coming straight from the pockets of tourists.

Hawaii: Lodging tax for climate action

US President Trump has been wanting to take away Harvard's tax exempt status ever since it refused to comply with his administration's demands. WORLD

Trump to strip Harvard's 'tax exempt status'| What does it mean for Ivy League?

This comes after Trump announced to freeze more than $2 billion in grants to Harvard University after the Ivy League rejected the Trump administration's demands. WORLD

Trump vs Harvard: US president warns Ivy league will be 'taxed' if it continues to support 'terrorist inspired sickness'

World, india news: The measure passed after a week of intense negotiations at the IMO. The tax is expected to be formally adopted in October 2025, according to a report.

India and 62 other countries adopt world's first-ever global carbon tax on shipping - What is it and why is it important?

South Africa is facing a potential constitutional crisis with the top governing body of the ruling African National Congress calling for a fresh look at its coalition alliance. This comes after snap divisions emerged with its main alliance partner, Democratic Alliance, during a crucial vote on the national budget. The ANC wants to review its coalition deal within 5 days to conclude the budget negotiations. The DA, which is now in alliance with the ANC, has been a traditional rival of the ANC. It only voted against an increase in value-added tax that was a key part of the budget but is also seeking a cut in government spending across all departments. Watch to know more!

South Africa: ANC set 5-day deadline to conclude negotiations on budget

South Africa's government has passed a contentious budget, but key coalition partners, including the EFF and MK, have rejected the fiscal framework. Tensions rise as the proposed VAT increase sparks dissent. Meanwhile, the nation faces a $3.3 billion fiscal gap after the U.S., under President Trump, halted HIV/AIDS funding. Watch to know more!

South African budget vote passes but key coalition partner dissents

South Africa passes controversial budget amid coalition rift

Steel magnate Lakshmi Mittal is reportedly weighing the option of leaving the UK in response to the Labour government’s decision to abolish the “non-dom" tax regime. Watch this report for more details!

Lakshmi Mittal considers leaving UK over 'non-dom' tax crackdown

India’s wealthiest are packing their bags—not for vacation, but for good. As Dubai’s golden visa boom fuels wealth migration, billions in tax revenue are slipping. With high rental yields, zero capital gains tax, and long-term residency perks, is India losing its best and brightest to a tax-friendly haven in the region? That's what this report decodes...

Tax perks drive India’s wealth to Dubai

South Africa’s finance minister proposed scaling back tax increases and curbing spending in a bid to resolve a standoff over the budget in the nation’s fractious governing alliance. Watch this report for more details!

South Africa Budget: South Africa's VAT hike plan faces strong opposition, budget remains stuck

Hungary has announced a sweeping tax exemption for mothers of 2 or more children, just over a year ahead of the 2026 elections. Prime Minister Viktor Orban declared that mothers with three children will be exempt from income tax starting October, while the exemption for mothers with two will be phased in from January.

Hungary exempts mothers of 2 or more from income tax

India’s economy is still the fastest-growing in the world—but is it starting to sputter? With tax cuts and lower interest rates, will this be the fuel needed to power growth, or just a temporary boost?

Can tax cuts kickstart India's slowing growth?

Volkswagen’s Indian unit, Skoda auto Volkswagen India, has filed a legal challenge against the Indian government’s $1.4 billion tax demand, calling it "Impossibly enormous" and contradictory to India's import taxation rules. This is according to an exclusive Reuters report citing company filings.

Report: Volkswagen challenges $1.4 Bn tax demand in India

The new tax regime, introduced in Budget 2020 and revised in Budget 2023, provides lower tax rates but removes most exemptions and deductions.

Union Budget 2025: Key differences between new and old tax slabs

US President Donald Trump has warned BRICS member countries against replacing the US dollar as a reserve currency. Trump reaffirmed his 100% tariff threat, which he had made weeks after winning the election. In a statement on Truth Social, Trump emphasized that his administration requires a commitment from BRICS nations to neither create a new currency nor support any other currency to replace the US dollar. If they fail to comply, they will face 100% tariffs. Watch in for more details!

Donald Trump: Will decide on import taxes on Canadian & Mexican oil

President Donald Trump has promised to eliminate taxes on tips, a key campaign pledge aimed at benefiting the hospitality industry. Speaking in Las Vegas at the circa resort and casino, Trump emphasized that service workers’ tips should be entirely tax-free. He also remarked, 'America's decline is over.'

Donald Trump pledges to end tax on tips in Las Vegas

‘America's decline is over,’ says Trump in speech

India News: Discover how India's Union Budget aims to simplify trade with a streamlined customs duty structure with fewer tax slabs to simplify and modernise the country's trade policies

Indian Budget 2025: Personal tax reforms–What to expect for individual taxpayers?

The Labour Government’s move to impose a 20% VAT on private school fees is being met with growing concern over its broader implications. Expected to raise £1.5 billion annually to fund state schools, the policy risks pricing middle-class families out of private education, while reports suggest the ultra-wealthy are increasingly relocating to tax havens like Switzerland. Watch in for more details!

UK Families Face Rising Private School Costs

The GST is classified as 5 per cent on unpacked and unlabelled salted popcorn, 12 per cent on pre-packed and labelled ready-to-eat popcorn and 18 per cent on caramelised popcorn



Memes take social media by storm amid clarification over 18% GST on caramelised popcorn

The UK government’s latest budget has introduced a cap on inheritance tax relief for agricultural assets, setting a limit of $1.3 million. Beginning in April 2026, farms valued above this threshold will face a 20% inheritance tax.

UK Farmers Face Inheritance Tax Cap, Tax Relief Limit Set At $1.3 Mn

Financial markets have been on a wild ride since the announcement of the UK's latest budget. Big tax rises are coming, but not as quickly as big spending increases and the prospect of higher growth has led investors to curtail expectations for bank of England rate cuts.

Markets React to Higher Borrowing Projections in UK Budget

Britain’s Finance Minister, Rachel Reeves, in her first budget, announced the country’s largest tax increase in three decades. To address the $28 billion funding gap, reeves plans to raise taxes by $52 billion a year, with a large share falling on businesses.

Rachel Reeves Unveils Largest Tax Hikes in 30 Years

Approximately 6,000 millionaires are set to leave the United Kingdom before the year-end. This because Britain's tax burden is on course to rise more than any other major rich nation. Watch this report for more details!

Tax Fears Push Britain's Richest to Europe

On today’s economic battleground in the US, tax policy takes centre stage. Both trump and vice president kamala Harris are proposing drastically different visions for the future of the tax code, with billionaires lining up on both sides. Our next report dives into the details of these competing tax plans, the potential impacts on everyday Americans, and the billionaires backing each candidate. Take a look.

Big Business or Middle Class? Trump & Harris Debate Tax Future

A bloomberg report quoting sources showed that china has started a tax on the ultra-wealthy's profits from overseas investments, a policy that had been neglected for a long time. The sources said some wealthy individuals were told in recent months to conduct self-assessments. In some cases, they were summoned by tax authorities for meetings to evaluate potential payments, including those in arrears from past years. Watch in for more details!

China Moves To Tax The Ultra-rich For Overseas Investment Gains

Donald Trump has proposed ending US income taxes for Americans living abroad as part of his 2024 campaign. This change would impact around 9 million US citizens residing overseas simplifying their tax obligations. Watch to know more.

Trump Promises No Tax For Americans Abroad

In a pivotal moment for the UK, the Labour party is making headlines as Finance Minister Rachel Reeves delivered a keynote speech at the party's annual conference. Following a significant general election victory in July, the atmosphere is tense. With unions voicing strong opposition to proposed welfare cuts and controversy surrounding gifts received by top ministers.

Rachel Reeves Delivers Budget Keynote Amid Mounting Criticism

Monaco, Italy, Switzerland and Dubai are buying for the UK's ultra wealthy, as proposed changes to the country's non domicile tax regime threatened to drive them away. A recent study reveals that 63% of affluent investors plan to leave the UK within two years if the labour government follows through on its plan to abolish the long standing tax concessions. Watch to know more.

Wealthy Britons eye exit amid tax changes

UK Wealthy Seek Tax Refuge Abroad

As the US Presidential race tightens, net-worth individuals are ramping up their tax planning strategies driven by potential changes in estate tax laws. Watch in for more details!

US: High-net-worth investors prepare for tax changes

If you plan to move your savings to a bank account out of the UK, think again. The UK's Labour government may be mulling to impose an exit tax on Wealthy investors who decide to move their funds out of the country.

UK: Labour could hike CGT for wealthy individuals moving overseas

Vehicles with global navigation satellite system to travel toll-free up to 20 kms

GST council meeting key takeaways: Council reduces rate on cancer drugs to 5% from 12% and more

Hunter Biden son of US President Joe Biden has pleaded guilty to federal tax charges to avoid facing another criminal trial. Watch WION to know more.

Hunter Biden accused of scheme to avoid paying taxes

Brazil's government is eyeing corporate revenues to meet its fiscal goals. The finance ministry has announced plans to implement new taxes on big tech companies and a global minimum tax of 15% on multinational corporations. These measures are expected to generate revenues, especially if there is a shortfall in the 2025 budget.

Brazil targets big tech with new tax proposals

Policymakers around the world are increasingly looking to raise government revenue and the one way to do it is to raise taxes. As taxes emerge as the biggest financial risk, the ultra-rich are simply fleeing their countries in favour of tax havens. Take a look at this report to find out more.

What are the top tax havens in the world?

Malaysia is looking at reintroducing a broad-based consumption tax, possibly, the goods and services tax as an alternative to cut down on popular gasoline subsidies. This move aims to strengthen the country's finances.

Malaysia eyes GST to boost finances

Reports suggest the ultra-rich are fleeing to tax havens while the middle and lower classes are left shouldering the burden of soaring taxes and inflation fueled by reckless government policies. Are governments preoccupied with conflicts and pandering to the wealthy and abandoning the people they should protect?

Rich flee high taxes, middle class foots the bill

The Indian government has reversed course on its recent property tax changes. Just two weeks after introducing modifications that drew heavy criticism for burdening the middle class, the government has offered a concession.

India relaxes property tax rules

The Indian middle class bears a substantial tax burden compared to their counterparts in many developed and emerging economies. In India, the recent union budget raised taxes on capital gains from equities and real estate, compounding the middle class’s financial strain.

Why Indians are unhappy with their tax structure

Reports suggest that indian tech giant Infosys is facing a massive tax demand of approximately $4 billion from the country’s tax authority. The demand stems from services received by infosys from its overseas branches between 2017 and 2022. The company has refused any tax fraud claims.

Infosys faces $4 billion tax demand for services from overseas branches

As the big day approaches, India’s individual taxpayers are eagerly awaiting potential relief measures. With the interim budget of 2024 offering little in terms of tax benefits, there are high expectations for substantial reforms this time around. Our next reports explores the key changes that could significantly impact the middle class. Take a look.

India Budget: India's tax reforms in focus

India Budget: Will India’s budget attract more taxpayers?

Just days after anti-tax reform protests rocked the country Kenya's President has dismissed almost his entire cabinet in a televised address. Watch in for more details!

Kenya's President fires his entire cabinet after Ruto faces heat over tax hike

Just days after anti-tax reform protests rocked the country Kenya's President has dismissed almost his entire cabinet except the Foreign Minister, in a televised address. Watch in for more details!

Kenya: William Ruto faces heat after protests over tax hike; cabinet dismissed except Foreign Min

Riot police fired tear gas grenades and charged at stone-throwing protesters in downtown Nairobi and across Kenya on Tuesday in the most widespread unrest since at least two dozen protesters died in clashes a week ago.

Kenya protests: Tear gas, stones and flames as Kenya protesters say 'Ruto must go!'

In a key comment aimed at clarifying the European Union’s Carbon Border Adjustment Mechanism (CBAM), Gerassimos Thomas, Director General of the European Commission's Directorate General of Taxation and Customs (DG TAXUD), has emphasized that the initiative is not a tax or tariff, but a measure designed to reduce carbon emissions. Addressing misconceptions, Thomas highlighted, that CBAM is intended to promote sustainability, rather than acting as a trade barrier between the EU and India.

EU Official clarifies CBAM's environmental focus, stresses positive trade ties with India

Deadly anti-tax protests in Kenya have pushed President Ruto to withdraw the controversial finance bill. Can peaceful negotiations ensure a policy that reflects the will of Kenya's people?

Gravitas | Kenya president withdraws finance bill amid deadly protests

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