City Hall is keeping a close watch on its neighbors across the street as several bills this legislative session threaten to deplete Tallahassee's breadwinning source of revenue.Commissioners and staff are scheduled to meet for a budget hearing this week, and on the docket to discuss are five bills that could limit "the local government's ability to generate revenue to fund critical services."With Gov. Ron DeSantis focused on eliminating property taxes in the state of Florida, the City of Tallahassee could be facing a budget overhaul in the years to come,...
MADISON, Wis. — Hundreds of Wisconsin farmers brought their priorities to lawmakers in Madison on Wednesday at the Wisconsin Farm Bureau’s "Ag Day at the Capitol."They advocated for better access to health care, increased state funding for farm roads and conservation, and more."We're just here today to make our voices heard and – like I said – build them relationships with the governor, with other legislators,” Waupaca County farmer Jake Hoewisch said.The lobbying effort comes just months before lawmakers are set to write a new state budget that will determine...
A quiet yet transformative shift is underway in India’s financial ecosystem. The International Financial Services Centre (IFSC), once a niche jurisdiction catering exclusively to cross-border financial services, is now at the heart of policy reforms designed to attract global investors. The latest development comes with the Finance Bill 2025, which introduces key tax exemptions poised to reshape investment dynamics within the IFSC framework. The IFSC, defined under Section 2(q) of the Special Economic Zone Act, 2005, is a jurisdiction that facilitates financial services to both non-residents and residents, provided the...
Budget 2025: The Indian stock market experienced high volatility on Saturday, February 1, following the FY26 Union Budget announcement by Finance Minister Nirmala Sitharaman. While the budget introduced major changes in income tax slabs, shifting more money into the hands of middle-class consumers, market sentiment remained mixed due to concerns over government capital expenditure (capex) allocation.A key takeaway from the budget was the increase in the income tax exemption limit to ₹12 lakh, a significant move aimed at boosting household consumption, savings, and investment. There had been widespread expectations that...