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UK Autumn Finance Bill released with the goal of reducing taxes and boosting business

To enshrine a raft of landmark tax changes into law, the Autumn Finance Bill 2023 has been published today (Wednesday 29 November 2023) following last week's Autumn Statement for Growth. By cutting...

A $4.35 million grant is awarded to projects involving methane abatement technology

Towards Australia’s net zero transition, the Australian Government is supporting methane abatement technologies. By investing in the Resources Methane Abatement Fund, the funds will be used to combat methane emissions from coal...

Conforming loan limit values for 2024 announced by the Federal Housing Finance Agency (FHFA)

A conforming loan limit value (low-cost area) and a baseline ("general") have been issued by the Federal Housing Finance Agency (FHFA) for conventional loans to be acquired in 2024 by Fannie Mae....

Woodford scandal: MPs call for FCA investigation

It is expected that Bob Blackman, chair of the all-party parliamentary group on personal banking and fairer financial services, will send a letter to Bim Afolami, the Treasury's economic secretary, calling for...

What is minimum due in Credit card

A minimum payment is one of the most important terms and conditions on credit cards. Whenever you’re unable to pay your balance in full, you can avoid penalties and fees by making...

Potential Changes To International Tax Rules

A summary of government consultations on reforming UK transfer pricing and permanent establishment rules In July 2023, the Government released a consultation asking for views on a proposed reform of UK tax rules...

The Future of Work and Gig Economy Investments

As the 21st century unfolds, a shift in the world of work becomes evident. This transformation, termed as "The Future of Work", accentuates the prominence of the Gig Economy. Not just an...

NPCI Aims for Sky-High UPI Transaction Rates with New Features

After setting a new record with 10 billion UPI transactions in August, the National Payments Corporation of India (NPCI) is formulating plans to increase this volume to 100 billion transactions per month....

NPCI Introduces HELLO Voice-Activated Payments at Global Fintech Fest

During this week's Global Fintech Fest, India's leading payment organization, NPCI, rolled out a pair of innovative conversational payment platforms to improve ease-of-use and broaden reach for consumers. The new feature, dubbed...

5 days Banking – No banking on Saturdays if notified

5 days Banking Updates Key Highlights on the Proposed Banking Schedule Changes: 1. Upcoming Decision: By December 2023, over 1.5 million bank professionals might transition to a five-day workweek, a development coinciding with the...