• Tue, March 25, 2025

by: Newspoint

India to Remove 6% 'Google Tax' from April 1 - A Game Changer for Digital Giants like Meta and X

India Scraps 6% Digital Advertising Tax In a significant policy shift, the Indian government has decided to eliminate the 6% digital advertising tax, commonly known as the 'Google Tax.' This decision is part of the Finance Bill 2025 and is set to take effect from April 1.

by: CNBC

Treasury scraps reporting rule for U.S. small business owners

The Treasury Department issued a rule that significantly waters down the number of businesses that must report information about their owners.

by: Forbes

Who Is Frank Bisignano? Democrats Grill Trump's Social Security Pick At Confirmation Amid DOGE Cuts To Service.

Service at the Social Security Administration is reportedly in decline as Elon Musk's DOGE has sought to investigate the agency.

by: TechRadar

"It's our job to deliver constant innovation" - NetSuite head on why it wants to be the operating system for your whole business

The head of OracleNetSuite has laid out his vision of getting business technology to work by ensuring your organization is connected as much as possible.Speaking at the company's SuiteConnect London 2025 event,

by: ProPakistani

IMF and Pakistan Reach Staff Agreement for $1 Billion Loan, $1.3 Billion Climate Facility

The International Monetary Fund (IMF) and Pakistani authorities have reached a staff-level agreement on the first review of Pakistan's Extended Fund

by: Kiplinger

IRA Rules at a Glance: Contribution Limits, Income Limits and Rollover Options

Here are IRA contribution limits, income limits and rollover rules for Roth, traditional, SIMPLE and SEP IRAs at a glance.

by: TheStreet

Essential retailer closing 500 locations (here's where and when)

Dick's Sporting Goods, a retailer that could have easily been replaced by the internet, has also thrived by adding experiences to its stores, making them destinations. 💰💸 Don't miss the move: SIGN UP for TheStreet's FREE Daily newsletter 💰💸 What the internet has done is expose weakness.

by: Reuters

Building Wealth: Marc Henn's New Book Asks, 'Are You Playing Small or Taking the Power Plays?'

Henn, founder and CEO of Harvest Financial Advisors, shares insights into embracing bold strategies for financial success

by: MiBolsilloColombia

The Costly Mistake of Not Separating Personal and Business Finances

Mixing personal and business finances can lead to significant fiscal and financial issues. By keeping these accounts separate, you can avoid confusion and ensure a more organized financial management.

by: Insider

Seniors are flooding AARP with concerns about their Social Security retirement benefits

As Trump's budget cuts hit the Social Security Administration, older Americans are reaching out to AARP to ask about their retirement benefits.

by: Fortune

Exclusive: BlackRock expands blockchain-based money market to Solana, in tie-up with startup Securitize

Solana, the fast-growing Ethereum challenger. The move comes a year after the finance giant launched the BlackRock USD Institutional Digital Fund. BUIDL takes traditional money market funds—which serve as short-term places to park cash and earn yield—and combines it with the ledger and payment properties of blockchain.

by: Entrepreneur

Denmark's IFU Backs Ecofy with $12.5M to Drive EV and Solar Adoption

The funding is part of the Green Strategic Partnership between India and Denmark, established in 2020 when the prime ministers of both nations signed a collaborative agreement to promote sustainability.

by: AOL

Judge upends Boeing-DOJ legal saga and orders 737 Max trial for June

A federal judge overseeing plea deal negotiations between the Justice Department and Boeing has scrapped an order giving the parties more time to reach an agreement and instead ordered the giant jet maker to face a jury trial.

by: KTVO

Deadline approaches for Ottumwa business owners to apply for Open 4 Business program

Main Street Ottumwa is offering a new opportunity for entrepreneurs as part of the "Open 4 Business" program, which supports existing businesses in over 50 Main Street Iowa communities. The program is seeking businesses to pitch ideas for a chance to receive $25,

by: Insider

$6 meals and food bank hauls: ALICEs on TikTok share their best tips for affording groceries

Parents told BI how they afford food for their families — through a combination of food bank hauls, cheap grocery trips, and government assistance.

by: Fortune

Tesla analyst says CEO Elon Musk is 'back in charge' after surprise all-hands meeting, and investors are rewarding the company's stock

Musk stepped up last week with the all-hands meeting, and that sent a much needed positive signal to employees and investors," Ives told Fortune. "The stock was way oversol

by: Reuters

More European oil refineries to close, convert in next 10 years, panel says

European oil refineries will have to adapt to the energy transition or face a heightened risk of closure by 2035, a panel of executives said at the Financial Times Commodities Global Summit in Lausanne on Monday.

by: Fortune

AI improves both individual and team performance, new study finds. Will companies draw the right lessons from it?

The groups were then tasked with coming up with new ideas for consumer products in the various P&G divisions in which they worked (baby care, feminine care, grooming, and oral care). These ideas were then assessed by human judges with both relevant business and technology expertise.

by: Reuters

To feed a warming world, we must also serve up gender equality

This year will be pivotal for the sustainability of food and agriculture as countries submit their new climate strategies ahead of global talks at the United Nation's COP30 meeting in Belem, Brazil, in November.

by: Insider

Here's a look at 9 ultra-rich members of Congress

Millionaires aren't difficult to find on Capitol Hill. And with each passing election cycle, money seemingly plays an increasingly bigger role.

by: Insider

BMO Savings Rates: Pros, Cons and Alternatives

BMO Savings Account review, we analyze BMO savings rates and BMO Alto savings rates. We also look at fees and customer service options.

by: Insider

Social Security Administration commissioner nominee says he's 'never thought' about privatizing the agency

Democrats during a Senate hearing questioned Frank Bisignano about what they said are haphazard cost-cutting efforts by the White House DOGE office.
  • Wed, March 26, 2025

by: Moneycontrol

Morgan Stanley adds Bajaj Finance, Hindustan Aeronautics to key focus lists

Bajaj Finance is Morgan Stanley's preferred choice among large-cap NBFCs, while HAL's growth will be led by engine upgrades, orders and exports.

by: Newsroom

New Watercare boss to borrow $10b for ageing pipes and plants

The country's biggest utility is to go it alone, separate from Auckland Council - a decision that will require generations of water users to service an eyewatering debt. Incoming CEO Jamie Sinclair talks to Jonathan Milne.

by: Stocktwits

Honeywell Announces New CEO And CFO For Advanced Materials Business: Retail Outlook Improves

Honeywell (HON) shares were in the spotlight on Tuesday after the company announced key leadership roles for its Advanced Materials business, set to be named Solstice Advanced Materials ahead of the planned spin-off.

by: cnbctv18

RBI Governor calls for stronger anti-money laundering and terrorism financing measures

Private Sector Collaborative Forum, RBI governor highlighted that India's AML and CFT initiatives have been globally recognised for their effectiveness.

by: YourStory

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by: Startups

53 free business events in April you need to know about

As we hop into Easter season, here are the best free UK business networking events happening near you this April.

by: TwistedSifter

After Failing To Pay This Mechanic What He Was Owed, This Business Owner Told Him That If He Doesn't Like It, He Can Sue Him, So He Did

What would you do if your employer started paying you less without warning and kept saying that there is nothing you could do about it? That is what happened to the mechanic in th

by: Patch

SXU Offers New AI, Cybersecurity, Finance, Business Analytics MBAs

The new MBA programs are designed to equip students with the skills and knowledge necessary to thrive in a 21st century, dynamic business landscape. Each major focuses on critical

by: CNN

The global platform unlocking investment into Africa's sustainable future

Investment deals and international partnerships set the pace for Africa's continued economic growth and green energy transition as global leaders convened in Morocco.

by: AOL

SoFi vs. Chase: I tried both banks, and here's why I think they're better together

SoFi offers high yields and no fees but lacks branches, while Chase provides extensive physical presence but charges fees and pays minimal interest.

by: Yahoo

4 seek Joplin School Board seats

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by: Mint

Personal loans for business: 5 crucial considerations before borrowing

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by: Forbes

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by: Kiplinger

Seven Common Tax Preparation Mistakes (and How to Avoid Them)

However, according to the tax and financial experts of Kiplinger Advisor Collective, preparing your taxes doesn't need to be the dreaded task many make it out to be. In fact, it can be a great time to check in on the health of your finances and ensure you're taking advantage of all the benefits and accounts that are available to you.

by: Entrepreneur

Reduce Your Business's Spending by Investing in Microsoft Office Licenses Instead

There's no need to pay a recurring Microsoft 365 fee every month (or year) for access to Word, Excel, and more.

by: Forbes

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The stakes are high, but so are the opportunities. For fintech leaders, the responsibility to innovate has never been greater.

by: Kiplinger

Tax Advantages of Oil and Gas Investments: What You Need to Know

Tax incentives in oil and gas investments allow for deductions and potential tax-free earnings — benefits accessible only to accredited investors in small producer projects.

by: Forbes

Herstory Is Redefining Women's Liberation Through Economic Freedom

Black women are the fastest growing demographic of entrepreneurs in the U.S., still average $24,000 in revenue compared to the $142,900 earned by women-owned businesses.

by: Insider

As a busy mom, I started an online T-shirt business expecting to make passive income. I lasted only 3 months.

Making passive income selling T-shirts online wasn't as simple as social media posts said it would be. Instead, I was constantly stressed out.

by: Reuters

Morning Bid: Temporary consumer gloom or economic doom?

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

by: Reuters

Analysis-Trump turbulence stalls large pharma and biotech deals, bankers say

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by: Reuters

Dollar Tree to sell Family Dollar business for $1 billion

Dollar Tree said on Wednesday it will sell its Family Dollar business to a consortium of private-equity investors for about $1 billion, as the struggling discount-store chain looks to restructure its business and cut costs.

by: Reuters

Turkish inflation expectations tick up after market turmoil: Reuters poll

Turkish inflation is expected to end the year a bit higher than previously expected, a Reuters poll showed on Wednesday, reflecting fallout from a currency selloff after authorities detained and jailed Istanbul's mayor last week.

by: Reuters

Trump turbulence stalls large pharma and biotech deals, bankers say

Large deals involving pharmaceutical and biotech companies are stalling as executives grapple with mercurial White House economic policies that have roiled markets and set off a global trade war, according to four top healthcare investment bankers.

by: Reuters

Siemens Energy sells most of Indian wind business to TPG-led investor group

Siemens Energy will sell 90% of its wind business in India and Sri Lanka to an investor group led by the climate investment arm of buyout group TPG, it said on Wednesday, in a push to focus on what it sees as core markets.

by: Reuters

India discontinues parts of gold deposit scheme amid rising prices

India has discontinued parts of a scheme that encouraged households and institutions to deposit idle gold in exchange for interest payments.

India to Remove 6% 'Google Tax' from April 1 - A Game Changer for Digital Giants like Meta and X

India Scraps 6% Digital Advertising Tax In a significant policy shift, the Indian government has decided to eliminate the 6% digital advertising tax, commonly known as the 'Google Tax.' This decision is part of the Finance Bill 2025 and is set to take effect from April 1.
The article discusses the Indian government's decision to remove the 6% equalization levy, commonly known as the "Google Tax," starting from April 1, 2023. This tax was initially introduced to ensure that digital companies, particularly those from abroad like Google, Meta (formerly known as Facebook), and X (formerly Twitter), pay taxes on the revenue they generate from Indian users. The removal of this tax is anticipated to be a significant relief for these digital giants, potentially affecting their pricing strategies, profitability, and market approach in India. The move is seen as a game-changer because it could encourage more digital investment in India, foster a more competitive digital market, and possibly lead to lower costs for digital advertising and services for Indian consumers and businesses. However, the article also hints at potential revenue loss for the Indian government, which might look for alternative taxation methods to compensate for this shortfall.

Read the Full Newspoint Article at:
https://www.msn.com/en-in/money/news/india-to-remove-6-google-tax-from-april-1-a-game-changer-for-digital-giants-like-meta-and-x/ar-AA1BCFQa

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