Washington, April 16 (IANS) Tax exemptions on overtime and targeted relief for small businesses have emerged as key drivers behind the uptake of President Donald Trump’s tax cuts, according to the White House. US Treasury Secretary Scott Bessent told reporters at a news conference that the most widely used provision in the new tax framework was the exemption on overtime income, with more than 25 million filers claiming the benefit.He said the policy was designed to reward additional work. “I…
Latest Economic Strategy News & Updates
New Delhi, Jan 30 (IANS) India’s recent free trade agreements (FTAs) reflect a strategic shift from defensive trade policy toward a targeted, growth-driven approach, which is focused on partners where trade complementarities are already strong, logistics are efficient, and economic interests are aligned, an Australian media article said.In a decisive departure from earlier trade strategies, India is increasingly choosing partners where bilateral trade was already expanding and where agreements…