Backed by President Donald Trump, the bill features sweeping tax cuts, strict immigration measures, and deep changes to federal spending.

What’s in Trump’s ‘One Big Beautiful Bill’? Tax cuts, border wall, and major spending changes | All you need to know

Business & Economy, Orban declared that mothers with 3 children will be exempt from income tax starting October, while mothers with 2 children will be phased in from January.

Incentivising motherhood: Hungary announces tax exemptions for mothers of 2 or more

Jeremy Hunt, the finance minister of the United Kingdom, announced on Wednesday that 27 million workers would have their National Insurance paid at a lower rate of 10% instead of 12% in his Autumn Statement budget announcements.

Autumn Statement: UK's Jeremy Hunt announces tax cuts | WION

Walmart Inc. and other PhonePe shareholders could have to pay nearly USD 1 billion in tax for shifting its headquarters from Singapore to India. Watch this video to know more.

World Business Watch: Walmart gets $1 billion tax bill for relocating PhonePe headquarters to India

Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy rate despite surging prices.

Turkiye's inflation shoots up to a 24-year high of 85.5% after rate cuts

Less than 10 days after taking a U-turn on her 45 per cent tax cut proposal for the rich, UK Prime Minister Liz Truss is expected to announce another volta face, per a report by The Guardian.

Liz Truss preparing for another U-turn; this time on welfare payments

The tax cuts announced in the mini-budget by British finance minister Kwasi Kwarteng created a huge uproar among the public with the economy also taking a massive nosedive.

UK ‘will need $66bn spending cuts’ to bounce back from unfunded tax cuts

United Kingdom's new business secretary Kwasi Kwarteng is set to announce $30 billion in tax cuts in his emergency budget on Friday. The new chancellor is said to believe the changes will ease the cost of living and boost economic growth.

UK's new business secretary expected to announce $30 billion in tax cuts this week

Newly elected United Kingdom prime minister Liz Truss made it clear that she will be going ahead with her plans to introduce tax cuts in order to tackle the cost-of-living crisis in the country.

Liz Truss vows to go ahead with tax cuts after winning UK Prime Minister election

Looking for five more years in power, the ruling Bharatiya Janata Party-led alliance will woo rural and urban middle-class voters with farm relief measures and tax cuts, said officials privy to plans for the final budget before India's general election.

Budget will woo rural voters with farm relief measures, middle class with tax cuts: Sources

China's plans for tax cuts targeting smaller companies will help to support employment and economic stability, and will expand the country's tax base over the long term, Premier Li Keqiang was quoted as saying on Saturday.

China's premier says tax cuts support employment, economic stability

A growth in United States' job sector is anticipated with hourly earnings going up. The unemployment rate is forecast to remain unchanged

Strong November US job gains anticipated; wages seen rising

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