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Treasury analysis shows permanent Trump tax cuts likely to benefit the wealthiest, with significant fiscal implications for Congress.
Congress demands simplification of GST to ease burden on middle and lower-income groups ahead of the Union budget.
President-elect Trump's legislative goals encounter significant challenges, including market concerns and party divisions, before he takes office.
EY India's recommendations for the 2025 budget include raising tax exemptions and simplifying tax laws to enhance compliance and economic growth.
Trade unions urge for a minimum EPFO pension increase to Rs 5,000 and proposed tax reforms in budget discussions with Finance Minister.
Senator Bernie Sanders joins the Senate Finance Committee to promote expansions of Social Security, Medicare, and higher taxes on the wealthy.
Elon Musk calls for significant changes to the U.S. tax code, advocating for simplification to improve efficiency and productivity.
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