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'We’ll end up in court for next five years': Trump warns as $175 billion tariff refund risk looms

The US Supreme Court has ruled against President Trump’s trade tariffs. This decision could lead to over 175 billion dollars in refunds for collected duties. The court stated the President exceeded his authority in imposing these tariffs. This ruling impacts…

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What is Section 122 of the US Trade Act of 1974, Trump’s latest tariff weapon for 10% extra duty on the world

President Trump announced a 10% global tariff under Section 122 of the Trade Act of 1974, shifting from the International Emergency Economic Powers Act (IEEPA) after a Supreme Court ruling. This new measure, permitted for temporary import surcharges due to…

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India-US trade deal unchanged, New Delhi still pays tariffs, Trump says

President Donald Trump has confirmed that tariffs on India will stay at 18 percent. This decision comes after a recent legal challenge to his wider tariff policies. India will not see any immediate changes to the current trade terms. Washington…

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Trump announces 10% global tariff on top of existing duties after Supreme Court setback

The Supreme Court struck down President Trump’s global tariffs, ruling he exceeded his authority by invoking the International Emergency Economic Powers Act. Trump expressed deep disappointment and shame, calling the decision “unpatriotic” and alleging foreign influence. The ruling limits presidential…

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India's privacy law must remain pragmatic to avoid chilling innovation: Jules Polonetsky

Polonetsky, a former New York state legislator and the ex-chief privacy officer at AOL, said that overly rigid notification rules and an over-reliance on consent as the sole ground for processing data could create “serious challenges” for companies.

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US Supreme Court strikes down Trump's tariff on global trade

The US Supreme Court on Friday delivered a significant blow to President Donald Trump’s economic policies, invalidating most of his sweeping tariff measures. The court ruled that the President lacked the authority under the 1977 International Emergency Economic Powers Act…

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  • 8th Pay Commission: How 3%, 5%, 6% annual increments could raise central government employees' salaries over 5 years

    8th Pay Commission: Employee unions are seeking annual increments of up to 7%. Illustrative projections show how 3%, 5% and 6% annual increments could significantly increase central government employees' basic pay over five years through compounding.

  • Can unpaid business expenses be claimed as tax deduction? ITAT Mumbai's ruling explains when you can

    A redevelopment firm won tax relief after the ITAT ruled its ₹8 crore tenant compensation provision was not contingent. The order explains when unpaid business liabilities can still be claimed as deductible expenses.

  • Filed your ITR before 31 July but found an error later? Tax expert explains who can revise and how

    Filed your ITR before the 31 July deadline but spotted an error later? Eligible taxpayers can still revise their return under Section 139(5). Here's who can file a revised ITR, the process and the key documents to verify.

  • India's loan story: Women, younger borrowers and non-metro regions driving credit growth as numbers jump to 74% in 2026

    Women, younger borrowers and non-metro regions are driving credit growth in the country. The number of eligible Indians opting for loans has jumped from 34% in 2017 to 74% in 2026.

  • Large caps could be set for a stronger run after years of small and mid-caps outperformance: New report lists 6 reasons

    After years of small and mid-cap outperformance, large caps could be poised for a stronger phase. A new report cites six factors, including improving economic growth, attractive valuations and supportive macro trends, while urging investors to maintain a balanced market-cap approach.

  • Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return

    Small-cap funds have emerged as the best-performing equity category in FY27 so far, delivering an average return of 22.31% between 1 April and 31 July. They were followed by mid-cap funds with 17.22%, flexi-cap funds with 14.06%, and large-cap funds with 10.52% returns. 

  • How to calculate capital gains on NPS Tier II withdrawals

    The eNPS portal does not currently provide a separate capital gains statement for Tier II accounts. Here's how withdrawals may be taxed and what investors need to know.

  • Income-tax returns: Here's a list of invoices, documentation employees should retain to support tax-free reimbursements

    Income-tax returns: The due date for ITR-1 and 2 passed on 31 July, but taxpayers using ITR-3 and 4 have time to complete their process. Amid the tax season, we explain what invoices and documents employees should retain to support tax-free reimbursements.

  • No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

    With international mutual funds facing investment restrictions due to overseas limits, investors can explore domestic mutual funds with significant foreign equity exposure. A total of 15 equity and hybrid funds have invested in foreign stocks, including two schemes with more than 26% exposure.

  • EPFO: Want to check your employees provident fund balance, download passbook? Here's how using portal, Umang app, SMS

    Want to check your employees provident fund (EPF) balance, contributions, interest earned or download your passbook? Here's how you can do so using the official EPFO portal, Umang app, SMS, missed call or helpline.

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