In a groundbreaking move, US-based SaaS company RevenueCat has announced that it is hiring an AI agent directly, offering a salary of up to Rs 55 lakh. This new "Agentic AI Developer Advocate" role aims to leverage AI to perform tasks traditionally handled by humans, such as creating content, running growth experiments, and providing actionable product feedback. RevenueCat, which recently raised $50 million in Series-C funding, has made it clear that this position is not a replaceme

San Jose officials are calling on state regulators to withdraw newly approved gambling regulations that they say could significantly disrupt the city’s finances and threaten more than 1,000 local jobs. In a letter dated Feb. 19 and addressed to Attorney General Rob Bonta, city leaders warned that the new rules governing California’s card rooms would dramatically reduce tax revenue generated by the city’s two licensed casinos, Casino M8trix and Bay 101. According to city offici

Alphabet, Google’s parent company, achieved a remarkable financial milestone in Q4 2025, surpassing $400 billion in revenue for the first time in its history. The key growth driver behind this success has been Google's expanding AI capabilities, particularly through its full AI stack, with Gemini 3 leading the charge. Sundar Pichai, CEO of both Alphabet and Google, highlighted how the company's growth was primarily fueled by advancements in AI, with Gemini 3 seeing massive engagem

Pakistan has extended its ban on Indian aircraft using its airspace until September 23, further escalating the ongoing standoff with India. The Pakistan Airports Authority issued a fresh Notice to Airmen confirming the extension, which will apply to all Indian aircraft, both civilian and military, as well as those leased or owned by Indian carriers. This extension marks another chapter in the tit-for-tat measures that have defined the strained relationship betw

For Non-Resident Indians (NRIs) juggling financial commitments in both India and the United States, tax filing often becomes a yearly stress point. Each country has distinct regulations, reporting formats, and deadlines. The slightest oversight can lead to penalties or double taxation. That’s where Artificial Intelligence (AI) is proving to be a game-changer. Today, AI-powered tax tools are helping NRIs simplify,

The Sukanya Samriddhi Yojana (SSY), launched under the Beti Bachao, Beti Padhao initiative in January 2015, is one of India's most popular government-backed savings schemes for daughters. The scheme is designed to provide parents with an excellent way to save for their daughter's higher education and marriage, ensuring a secure financial future. By making regular contributions, parents can accumulate a significant amount by th

The Telugu Film Chamber of Commerce (TFCC) has officially intervened in the growing conflict between Tollywood producers and theatre exhibitors, urging both parties to reach an immediate resolution to avoid a potential shutdown of theatres across Andhra Pradesh and Telangana. Over the past week, tensions have escalated over the revenue-sharing model, with exhibitors demanding a shift to a percentage-based system for film collections. In a bold move, theatre owners warned they would shut down

House Republicans have unveiled a sweeping new tax proposal dubbed the “One Big, Beautiful Bill” aligning with President Donald Trump’s 2024 campaign promises. The bill includes major tax breaks for workers, significant penalties for elite educational institutions, and the introduction of a 5% tax on money transfers sent abroad, a move likely to impact immigrant families across the country. The proposed legislation eliminates federal income taxes on tips and o

A new congressional proposal to reduce Medicaid funding for Washington D.C. is causing concern among officials and health experts, who warn that such cuts would have wide-reaching consequences beyond the program’s low-income beneficiaries. Medicaid is deeply integrated into the region’s health care infrastructure, and any funding reduction could disrupt care for patients across the income spectrum, affecting hospitals, clinics, and community health providers. House Rep

 Apple is taking a major strategic step by shifting a significant portion of its iPhone production for the US market to India. The move, confirmed by CEO Tim Cook, is largely driven by economic factors, especially the sharp difference in tariff rates between goods produced in India and China. According to Cook, the cost of exporting iPhones from India to the United States is much lower due to the 10 percent tariff, compared to the far higher rate imposed on Chinese imports. While Apple cont

The Income Tax Department has officially released the Income Tax Return (ITR) forms 1 and 4 for the assessment year 2025–26, enabling individual taxpayers, Hindu Undivided Families (HUFs), and firms (excluding LLPs) with total income up to ₹50 lakh to begin filing their income tax returns. This marks the beginning of the tax season for income earned during the financial year April 1, 2024, to March 31, 2025. Taxpayers must submit their returns by the due date of July 31, 2025, to avoid l

 Maryland’s latest budget cycle has ended, but its financial aftershocks are just beginning to ripple through the state's residents and businesses. One of the most significant changes coming into effect is a new 3% tax on information technology and data services, a move intended to help fill a substantial budget deficit left behind by mounting fiscal obligations. Set to begin in July, this new levy is expected to have wide-ranging impacts on both service providers a

In a dramatic escalation of political tensions between the federal government and academic institutions, U.S. President Donald Trump has called on the Internal Revenue Service (IRS) to revoke Harvard University’s tax-exempt status. The move follows ongoing criticism from Trump regarding the Ivy League school’s handling of antisemitism and diversity-related issues, as reported by The Washington Post. Though no final decision has yet been announced, reports suggest that an

In a ruling that could significantly influence the tax liabilities of Non-Resident Indians (NRIs) investing in Indian mutual funds, the Income Tax Appellate Tribunal (ITAT), Mumbai bench, has determined that capital gains earned by NRIs on the redemption of mutual fund units are not taxable in India. This decision was delivered in a case involving a Singapore-based NRI who had declared short-term capital gains from mutual fund investments but claimed exemption under the Double Taxation Avoidance

For Non-Resident Indians (NRIs), securing health and term insurance for themselves and their families back in India is more than just a financial obligation—it is a critical step toward safeguarding their loved ones and managing long-term security. As global citizens, NRIs often weigh the pros and cons of buying insurance in their country of residence versus opting for policies in India. What tips the scale in favor of Indian insurance are three strong reasons: affordability, extensive

In a noteworthy development signaling the economic progress of Andhra Pradesh, the state has recorded its highest monthly Goods and Services Tax (GST) collection in nearly a year. The GST revenue generated in the state for the month of March 2025 has reached an impressive ₹3116 crore, breaking past the ₹3000 crore milestone for the first time in the last 11 months. This also marks an 8.35 percent year-on-year growth compared to March of the previous year, indicating an upward trend in tax

As the new financial year commences on April 1, 2025, several significant income tax changes have officially come into effect, directly impacting salaried individuals, senior citizens, investors, and taxpayers across the country. Announced during Budget 2025, these updates aim to simplify compliance, improve transparency, and provide substantial relief to the middle class. From revised tax slabs to increased deduction limits and changes in TDS thresholds, here’s a complete breakdown of

As the new financial year begins on April 1, 2025, taxpayers, investors, and banking customers in India must prepare for several important changes in financial regulations. These reforms, previously announced by the government and regulatory bodies, are aimed at improving compliance, digital security, and financial transparency. Here’s a simple breakdown of the key changes that come into effect starting April 1.   1. Higher Income Tax Exemption Limit

The Income Tax Department has issued a crucial reminder for taxpayers regarding the final instalment of advance tax for the financial year 2024-25. As per the official directive, taxpayers must clear their advance tax dues by March 15, 2025, to ensure compliance with Indian tax laws. Timely payment of advance tax not only prevents interest penalties but also contributes to the government's efforts towards economic growth, supporting the ‘Viksit Bharat Movement’ aimed at making

Post Office Savings Schemes remain one of the most trusted investment options in India, offering secure returns backed by the government. Many of these schemes not only provide financial security but also offer tax benefits under Section 80C of the Income Tax Act, 1961. Investors can claim a tax deduction of up to ₹1.5 lakh per financial year when investing in these schemes, making them an attractive option for tax planning.However, these deductions are applicable only under the old tax reg