The US Treasury Department and IRS have proposed rules enabling employers to contribute up to $2,500 tax-free annually to employees' dependent children's Trump Accounts, with employees also able to make pre-tax contributions via payroll.
India's Foreign Contribution (Regulation) Amendment Bill, 2026 proposes stricter oversight on foreign donations and asset management for NGOs, drawing sharp criticism from opposition parties and church groups over potential government overreach.
The U.S. Treasury and IRS proposed rules allowing employers and employees to fund tax-deferred Trump Accounts for children using pretax dollars, with employers able to contribute up to $2,500 annually per worker.
Examining whether EPF contributions alone can fund retirement for a ₹15 lakh earner, experts highlight corpus projections, statutory wage ceiling risks, and the necessity of diversified investments.
Defence Minister Rajnath Singh hailed the Territorial Army as a key contributor to 'Viksit Bharat' during a parliamentary consultative committee meeting in New Delhi, highlighting its roles in security, disaster response, and environmental conservation.
Software group Palantir paid £2m in UK corporation tax in 2024 despite holding hundreds of millions in public sector contracts, according to a report by Cictar, due to tax breaks and revenue shifting.
Prime Minister Han Seong-sook honored 68 individuals with state medals and citations for their contributions to projects marking the 80th anniversary of Korea's liberation from Japanese colonial rule, including former lawmaker Lee Jong-chan and professor Yuji Hosaka.
Raji Doshi, a 12-year-old student from Connecticut, is a finalist in the 3M Young Scientist Challenge for her project proposing the use of algae and natural calcium buffers to reduce CO₂-driven ocean acidification. Her innovative idea aims to create healthier marine ecosystems and competes for a $25,000 grand prize.
A study by Lancaster University and the University of Texas found that invasive rats on tropical islands decimate seabird populations, leading to nutrient loss in surrounding coral reefs. This nutrient reduction alters the balance of cryptofauna (tiny fish and invertebrates), favoring invertebrates over fish, and consequently rewires the entire reef food chain, with significant conservation implications.
Germany's government is considering eliminating minijobs in their current form, proposing to raise the flat tax rate and abolish the opt-out for pension contributions. The reform aims to strengthen social security, reduce old-age poverty, and address gender inequality, drawing mixed reactions from unions and business groups.
Former India wicketkeeper Deep Dasgupta criticizes retirement rumors surrounding Rohit Sharma during India's ODI series against England, emphasizing performance-based selection and reduced speculation around senior players.
Section 80CCD(2) provides a significant tax deduction for employer contributions to the National Pension System (NPS), a benefit that remains available under India's new tax regime. This makes Corporate NPS particularly attractive for salaried individuals, especially those in the private sector, allowing them to reduce taxable income and build retirement savings.
India's MHA defended proposed Foreign Contribution Regulation (Amendment) Bill, 2026, by citing comparable foreign funding laws in the US, UK, Australia, and Canada, emphasizing global concerns about unregulated foreign money affecting democratic institutions.
A new book, 'Gullah-Geechee Diasporas,' challenges the static view of Gullah Geechee culture, revealing its widespread influence across the US South and beyond. Editors Muhammad Fraser-Rahim and Elizabeth J West discuss how essays explore the community's dynamic history, language, music, and religion, emphasizing its significant contributions and ongoing evolution.
Polly Cooper, an Oneida woman, walked 200 miles through snow to Valley Forge in 1778, providing and preparing corn to save George Washington's starving Continental Army. Her story, preserved through oral tradition, is now recognized on the 2026 Sacagawea $1 coin.
Spain's Rodri became the fourth men's player in history to win the FIFA World Cup, UEFA European Championship, UEFA Champions League, and Ballon d'Or after La Roja defeated Argentina 1-0 in the 2026 World Cup final. He also claimed the Golden Ball as the tournament's best player.
The EU will use a €4.6 billion Google antitrust fine to alleviate budget pressure, funding increased military spending and aid for Ukraine. The payment follows a court ruling upholding the 2018 fine for Android market abuse, but critics like Hungary and Slovakia question the allocation amid social spending cuts.
Kylian Mbappe became the first player since 1966 to achieve 10+ goal contributions in two separate World Cups, reaching 11 in France's 2-0 quarterfinal win over Morocco. He also set records for youngest player with 20 appearances and fastest to 20 goals.
Donald Trump softened his rhetoric on Spain after threatening trade halts, acknowledging increased NATO contributions. Spain's PM highlighted reaching the 2% GDP defense spending target, which Trump had criticized Spain for not meeting. A US official mentioned a "menu" of Spanish products for potential embargo.
UK Labour MPs are considering making the current moratorium on digital asset donations permanent. This follows Nigel Farage's resignation amid revelations of significant crypto-related "gifts" and potential influence on his policies.
SpaceX President Gwynne Shotwell and her husband Robert donated SpaceX stock valued at approximately $325 million to support Trump Accounts, a government-backed investment program for children. Donald Trump publicly thanked the couple for their "extreme Generosity," stating the donation will help thousands of children.
The British monarchy, one of the world's wealthiest royal families, funds its operations through the Sovereign Grant, income from the Duchy of Lancaster and Duchy of Cornwall, and private assets. King Charles III has become the first monarch to disclose tax payments, revealing significant contributions.
The British monarchy, one of the world's wealthiest, funds its operations through the Sovereign Grant from the Crown Estate, income from the Duchies of Lancaster and Cornwall, and private investments. King Charles III and Prince William have also voluntarily paid significant amounts in taxes.
Afghanistan cricket is in mourning following the death of former fast bowler Shapoor Zadran, 38, in India after a prolonged illness. He represented Afghanistan in 44 ODIs and 36 T20Is and was undergoing treatment for a rare condition in New Delhi.
