Income Tax Department confirms that ITR deadline extension rumors are untrue.

Income Tax Department confirms that ITR deadline extension rumors are untrue.

Income Tax Return Deadline Approaching September 15 marks the final day for filing your income tax return (ITR) for the fiscal year 2024-25. For those who haven’t completed their filings, it might be tempting to wish for an extension. However, the Income Tax Bureau has firmly stated that no extensions will be granted. The deadline […]

Trump’s ‘War Department’ encounters its initial major challenge in the Far East

Trump’s ‘War Department’ faces first big test in the Far East 

President Trump’s plan to rename the Department of Defense to the Department of War raises some eyebrows. It seems to clash with his claims of having resolved multiple conflicts and positions him somewhat paradoxically in the realm of peacekeeping. While the name change doesn’t alter U.S. defense policies, it certainly projects an image of an […]

Is the ‘Department of War’ just a symbolic gesture for weakening national power?

Is the 'Department of War' just a symbolic gesture for weakening national power?

President Trump seemed eager for military involvement, and shortly thereafter, significant global events unfolded marking an intense moment in history. On September 5, Trump signed an executive order aimed at reinstating the name “The War Department,” reminiscent of the National Security Act of 1947. Secretary of War Pete Hegses, characterized by his “warrior spirit,” touted […]

Audit by Labor Department inspector general addresses issues with BLS data

Audit by Labor Department inspector general addresses issues with BLS data

The Big Money Show panel discusses a significant downward adjustment in US employment figures. This Wednesday, the Labor Bureau’s internal watchdog, the Labor Statistics Bureau (BLS), is facing scrutiny regarding its data collection methods for inflation and labor reports. The Inspector General’s office has notified BLS Chairman William Wiertrowsky that they are “initiating a review […]

Labor Department oversight examining issues with BLS data gathering

Labor Department oversight examining issues with BLS data gathering

Labor Bureau Faces Challenges in Economic Data Collection On Wednesday, the inspector’s office of the Labor Bureau started evaluating the difficulties encountered by the Labor Statistics Bureau. This comes in light of significant downward revisions to both non-farm payroll and inflation data collection methods. Laura Nikolos, who assists with the audit, communicated with BLS Commissioner […]