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Donald Trump's new Presidential tenure is bringing in a lot more surprises than what was in store, and latest reports say that he is now planning on dumping the anti-money laundering law altogether, which requires shell companies to disclose their owners and beneficiaries.

The five-year-old startup hit the new valuation as it sold $150 million worth of its secondaries to investors including Singaporean wealth fund GIC, Thrive Capital, Khosla Ventures and General Catalyst, Ramp said in a statement on Monday. Ramp joins other startups in allowing employees to cash out their shares, a move that could delay the companies' IPO plans.

As Congress debates how to handle trillions of dollars in expiring tax breaks, lawmakers on both sides have been lobbing claims about which consumers will see the biggest benefits from extending them. Economists and tax experts say the answer isn't so straightforward.

Subscribe to enjoy similar stories. The government's recent advisory to social media and streaming platforms to strictly monitor and remove all content deemed obscene or vulgar, following a massive outrage over distasteful jokes on YouTube show India’s Got Latent featuring podcaster Ranveer Allahbadia and comic Samay Raina, has sparked concerns about sweeping content regulations that could follow, potentially curbing freedom of expression.

Donald Trump's adviser Elon Musk on Sunday (Eastern time) took to X to retweet a post demanding the closure of America's Central Bank, the Federal Reserve. The post, which showcased a graph, was shared with the caption 'End the Fed', to which Musk wrote 'The Fed is absurdly overstaffed'. This, however, is not the first time that the billionaire tech entreprenuer has rallied behind the idea of scrutinising the top independent body.

Bond villain lair in the rugged heights overlooking Damascus, the all-seeing eye of a notorious Syrian military unit gazed down on a city it bled dry. Many of the bases of the elite Fourth Division formerly run by toppled president Bashar al-Assad's feared younger brother Maher now lie looted. But papers left strewn behind reveal how the man they called «The Master» and his cronies wallowed in immense wealth while some of their foot soldiers struggled to feed their families and even begged on the streets.

People's Democratic Party legislator Waheed Para has submitted a private member’s bill for the upcoming assembly session in Jammu & Kashmir seeking property rights for people who have been living on state land for decades. The legislator from Pulwama in southern Kashmir has termed the proposed legislation an anti-bulldozer bill that will save homes and shelters of people living on state land, common land or any other land for several decades but for which they don't have the property rights. Para said the proposed legislation will not only secure people’s homes but also reduce the fear of eviction. He calls it an 'anti-bulldozer' bill that will save people from harrasment and forced evictions from the land they were living on for decades.

All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi on Saturday cited the works of American historian Richard M Eaton to claim that only 80 temples were destroyed during the «Muslim rule» in medieval India, while thousands of places of worship were demolished under several Hindu emperors. «They say everywhere in media that temples were demolished 400 years ago. Richard M Eaton (American historian) writes in his book 'Temple Desecration and Muslim States in Medieval India' that 80 temples were destroyed from the 11th century until 1600 — during Muslim rule,» Owaisi said while addressing a gathering at the 67th revival anniversary of AIMIM. He stated that Pushyamitra Shunga, who was the founder of the Shunga empire, demolished thousands of places of worship that belonged to Buddhists.

Subscribe to enjoy similar stories. WASHINGTON : President Trump has spent his first weeks back in office undoing much of the handiwork of Congress—freezing spending that lawmakers authorized, idling agencies that were already funded and bypassing laws regarding immigration and independent agencies. A budget fight now brewing in Congress is becoming the first test of whether lawmakers will try to claw back any of their powers—or whether they accede to a new power alignment in Washington that centralizes far more authority in the White House.

White House clash between Ukrainian President Volodymyr Zelenskiy and Donald Trump divided the U.S. president's fellow Republicans and dimmed prospects that Congress will approve any further aid for Kyiv in its war with Russia. Some Republicans who had long supported Ukraine lashed out at Zelenskiy after Friday's exchange, in which Trump and Vice President JD Vance berated the Ukrainian leader before the world's media, accusing him of disrespect. Senator Lindsey Graham called for Zelenskiy to change his tune or resign, just hours after attending a friendly meeting between Zelenskiy and a dozen senators.

ballot papers does not fall under the ambit of the joint committee of Parliament examining the two bills on simultaneous polls to the Lok Sabha and state legislative assemblies, the Union law ministry is learnt to have said. Reverting to the ballot paper system was a «suggestion» made by some of the members of the joint committee and the law ministry was to respond to it in writing. While the ministry's Legislative Department gave elaborate responses to a variety of questions posed to it by the committee, it did not give a direct reply on the suggestion on the ballot paper system. The ministry is learnt to have said that the suggestion on the use of the ballot paper system was «out of scope» of the parliamentary panel.

Punjab National Bank has reduced its External Benchmark Linked Rate (EBLR) with effect from March 1, 2025. All new floating rate loans from a bank are now linked to EBLR and any change in EBLR will corresponding impact on the EMIs. In case a bank cuts EBLR the borrower will see their EMIs fall or tenure come down based on the choice they make after the rate cut. PNB on the other hand, has increased its marginal cost of funds based lending rate (MCLR) for loans with effect from March 1, 2025. Before the EBLR regime came in force banks were lending on the basis of MCLR which has been used as a benchmark interest rate by banks to determine the minimum rate at which they can lend money. However, those old borrowers who have their floating rate loans still linked to MCLR regime has now got the option to shift to EBLR regime whenever they wish. Read below to know what are the new PNB EBLR and MCLR rates

Piramal Enterprises said in an exchange filing on Friday that it had received a tax demand of 15.02 billion rupees (nearly $172 million) for the sale of its pharmaceutical business to Piramal Pharma in fiscal year 2021. A tax office in the state of Maharashtra has asked the financial services company to pay 18% Goods and Services Tax (GST) on the deal, the latter said in the filing. The tax bill amounts to about 15% of its revenue for the fiscal year ended March 31, 2024. Piramal Enterprises said it has solid grounds to challenge the «unjustified» demand.

U.S. Justice Department have exposed a string of high-profile celebrity names linked to the convicted sex offender, including pop legend Michael Jackson, actor Alec Baldwin, supermodel Naomi Campbell, Rolling Stones frontman Mick Jagger, and even Prince Andrew. The bombshell documents, unsealed on Thursday, have once again thrust Epstein's dark legacy into the public eye, offering a glimpse into the extensive web of powerful figures who once graced his contact list. While none of the named celebrities have been accused of any crimes related to Epstein's criminal activities, their inclusion in the files has ignited fresh speculation about the late financier’s far-reaching influence.

Short duration mutual funds invest in treasury bills, commercial papers, certificates of deposits and so on to take care of their liquidity needs. They also invest in corporate bonds, government securities, among others.

Devendra Fadnavis for his strong measures in bringing discipline to the state administration. The party congratulated him for taking strict action against fixers and brokers, while also using the opportunity to criticise former Chief Minister Eknath Shinde.

House Budget 2025 proposal has introduced a major change—no tax on overtime pay, which could significantly impact American workers. The bill, backed by House Republicans, aims to provide relief to employees by making overtime earnings tax-free. Alongside this, the budget includes Medicaid cuts, spending reductions, and tax policies aligned with former President Donald Trump’s economic strategy. As Congress debates the provisions, the outcome of the House budget vote will determine if these changes take effect. Here’s everything you need to know about the budget bill 2025 and its potential impact.

2025 agenda.

Trump administration has planned numerous policy reversals, with perhaps the most instant worry being that of tariffs contributing to increasing the cost of living, as per a report. Trump's tariffs on imports from Canada and Mexico, would set costs skyrocketing for Americans.

Finance Ministry on Monday briefed the members of a Select Committee of Lok Sabha on various aspects of the Income Tax Bill as the panel headed by BJP MP Baijayant 'Jay' Panda held its first meeting. Sources said the finance secretary told the parliamentarians that the Bill will simplify the existing Act, enacted over six decades back, and make it more user-friendly.